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EURUSD

  • #530,561
  • Aug 24, 2011 8:36pm Aug 24, 2011 8:36pm
Quoting hindustani
going long at 4406

today euro will fly sky high breaking all barriers .........
becare for air crash
  • #530,562
  • Aug 24, 2011 8:37pm Aug 24, 2011 8:37pm
Quoting hindustani
going long at 4406

today euro will fly sky high breaking all barriers .........
I do not have a single time frame that agrees with you right now, and until we break and hold daily roll, I ain't looking for longs much more then a couple quickies...

The M1 is looking like it wants to get hungry for a little higher higher, but until I confirm and trigger...I gotta stick with the skorties..

But hey brother, show us a chart and let's see if we can see what you see...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #530,563
  • Aug 24, 2011 8:41pm Aug 24, 2011 8:41pm
Quoting Magix
I do not have a single time frame that agrees with you right now, and until we break and hold daily roll, I ain't looking for longs much more then a couple quickies...

The M1 is looking like it wants to get hungry for a little higher higher, but until I confirm and trigger...I gotta stick with the skorties..

But hey brother, show us a chart and let's see if we can see what you see...
simple stupid 1 hour chart, we are in lower supports with the whole world above us !!
Attached Image (click to enlarge)
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  • #530,564
  • Aug 24, 2011 8:47pm Aug 24, 2011 8:47pm
Quoting hindustani
simple stupid 1 hour chart, we are in lower supports with the whole world above us !!
It don't bother you that we seem to be getting spanked down on rejection from lower levels?

I guess the obvious answer is no or you wouldn't be long...but surely there are other reasons...
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 19 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #530,565
  • Aug 24, 2011 8:49pm Aug 24, 2011 8:49pm
  •  Vilgax
  • | Joined Aug 2010 | Status: Lack of money is root of most evil | 466 Posts
Quoting hindustani
going long at 4406

today euro will fly sky high breaking all barriers .........
I have also longed / from 4405 / target is 4425 (daily pivot) / too early for me to tell if it will go further than that....
The forex market has its own life and takes its own time.
  • #530,566
  • Aug 24, 2011 8:49pm Aug 24, 2011 8:49pm
Quoting hindustani
simple stupid 1 hour chart, we are in lower supports with the whole world above us !!
I don't know... murray math lines mean nothing to me. If oversold and overbought lines were unbreakable then we'd be in a range forever. The one thing that does stand out in that chart though is the narrowing triangle forming. Maybe that's worth some pips???
  • #530,567
  • Aug 24, 2011 8:50pm Aug 24, 2011 8:50pm
what is it with people thinking this thing is going to sky rocket. my guess,,,,repeat MY guess is topside is back to the 60's and down much lower if 4390 is broken or another repeat of the past two days but a big move will come prolly before friday to give direction for the week to come. however i am still learning this game so dont take my word for it. i don't anything in comparison to some here
I got maths..
  • #530,568
  • Aug 24, 2011 8:50pm Aug 24, 2011 8:50pm
Quoting Piters
one Man.. W.D.Gann.. google him..





P.S. for the rest of yours points .. i agree

Gann is an exception..I think he is a psychic. What works for him may not work for the majority of us here. But to base a trade on moon phase is borderline yahoo to me
  • #530,569
  • Aug 24, 2011 8:54pm Aug 24, 2011 8:54pm
Quoting Myrza
Gann is an exception..I think he is a psychic. What works for him may not work for the majority of us here. But to base a trade on moon phase is borderline yahoo to me
Many notable traders, such as Larry Williams, think Gann is the most overrated trader ever.
  • #530,570
  • Aug 24, 2011 8:56pm Aug 24, 2011 8:56pm
Quoting frogger
what is it with people thinking this thing is going to sky rocket. my guess,,,,repeat MY guess is topside is back to the 60's and down much lower if 4390 is broken or another repeat of the past two days but a big move will come prolly before friday to give direction for the week to come. however i am still learning this game so dont take my word for it. i don't anything in comparison to some here
i am not looking for anything above 4480 for now, even if bernanke toilet paper press launches on friday it will take some time for it to move euro.
  • #530,571
  • Aug 24, 2011 8:56pm Aug 24, 2011 8:56pm
Quoting Myrza
Gann is an exception..I think he is a psychic. What works for him may not work for the majority of us here.
as you said.. same applies to all...

Quote
But to base a trade on moon phase is borderline yahoo to me

What doesnt works for you may work for the majority of them.

cheers
  • #530,572
  • Aug 24, 2011 8:58pm Aug 24, 2011 8:58pm
Quoting hindustani
i am not looking for anything above 4480 for now, even if bernanke toilet paper press launches on friday it will take some time for it to move euro.
i don't think the printing press will start rolling again till election EDIT people like getting re-elected
I got maths..
  • #530,573
  • Aug 24, 2011 9:00pm Aug 24, 2011 9:00pm
Maybe Gann just used exceptional money management? Maybe he didn't want people asking him for his techniques, so he came up with some lunatic response (pun intended)?
  • #530,574
  • Aug 24, 2011 9:00pm Aug 24, 2011 9:00pm
My EA not support current volume and spread? fake dealer...
study of behavior and mind,conscious and unconscious
  • #530,575
  • Aug 24, 2011 9:03pm Aug 24, 2011 9:03pm
Aussie is tempting to short here....but i will wait for more confirmation....
Patience, Emotion Control and Discipline.
  • #530,576
  • Aug 24, 2011 9:10pm Aug 24, 2011 9:10pm
h4
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  • #530,577
  • Aug 24, 2011 9:10pm Aug 24, 2011 9:10pm
Quoting 2+2=4ex
Many notable traders, such as Larry Williams, think Gann is the most overrated trader ever.
It is common sense. If astronomy works in trading..all the big banks should already have astrologers as CEOs. Put a an astronomer as fed chief and we could have avoided those subprime mortgage crisis and the current debt crisis. And of course ..India should have been the riches country on this planet since they have the most astrologer percapita if I am not wrong.
  • #530,578
  • Aug 24, 2011 9:12pm Aug 24, 2011 9:12pm
macd,rsi, and stocastics seem to be lining up on the hour...could see a pop to the 4450-4460 range....just my two cents...
  • #530,579
  • Aug 24, 2011 9:13pm Aug 24, 2011 9:13pm
Amazing, I can't believe the support the Euro is getting right now because of the belief that Bernanke might announce QE3 on Friday, its not happening, the markets are going to be in for a huge disappointment, FED Gov. Fisher said that Bernanke isn't the tooth fairy and don't expect him to pull a rabbit out of his hat on Friday, considering he's a voting member of the board, I think he knows what's going on, but you sure wouldn't know it by watching the US stock market or the Euro strength this week. The economic news has been putrid, and the Euro just shrugs it off. lol
Yay! Pips for everyone!
  • #530,580
  • Aug 24, 2011 9:21pm Aug 24, 2011 9:21pm
EUR/USD

Extends the short-term range trading, as upside attempts remain capped at 1.4500/16 zone, previous highs / Fib 61.8% of 1.4938/1.3836 decline. However, near-term tone keeps momentum for fresh attack at 1.4500/36 barriers, clearance of which is required to expose 1.4576, 04 July high, possibly 1.4695, 07 June high, on a break. On the downside, 1.4350 offers initial support, ahead of 1.4280/58, trendline support / 19 Aug low.

Res: 1.4446, 1.4500, 1.4516, 1.4536
Sup: 1.4386, 1.4375, 1.4350, 1.4280
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