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  • #530,801
  • Aug 25, 2011 8:22am Aug 25, 2011 8:22am
1.4470 is upper trend line resistance for the past week on the hourly. If we don't see a breech of that area then we are still rage bound IMO.
  • #530,802
  • Aug 25, 2011 8:22am Aug 25, 2011 8:22am
Looks like the QE3 may have leaked out lol, joking . Just wait till Bernanke does his thing and then we will see some serious action.
  • #530,803
  • Aug 25, 2011 8:23am Aug 25, 2011 8:23am
opportunity to sell again
  • #530,804
  • Aug 25, 2011 8:25am Aug 25, 2011 8:25am
Warren Buffet's move shifted the market sentiments at least in the very short-term. Now all those who proclaim BoA doomed will have to shut up. Risk on, but Euro is still going to chop til Bernanke i think.
  • #530,805
  • Aug 25, 2011 8:27am Aug 25, 2011 8:27am
Quoting TradeCell
Warren Buffet's move shifted the market sentiments at least in the very short-term. Now all those who proclaim BoA doomed will have to shut up. Risk on, but Euro is still going to chop til Bernanke i think.
I agree, although I don't think we will see a new trend emerge in this market until the start of September.
  • #530,806
  • Aug 25, 2011 8:28am Aug 25, 2011 8:28am
Quoting essenza
opportunity to sell again
I agree, fade the upward move...wait for price action to confirm

we may see short term surge to 4465-4470 area before she runs out of steam, we'll see
  • #530,807
  • Aug 25, 2011 8:28am Aug 25, 2011 8:28am
Well, I expect high volatility at least until Bernanke tells us what he is doing with the USD as well as next week, when we will see some more serious plays by the market movers...

If we were to break (convincingly not just crappy range) 1,45 or 1,44 today I would be very surprised but also happy, as I hate this range... over 2 months now...
Greed and impatience are our greatest enemies.
  • #530,808
  • Aug 25, 2011 8:28am Aug 25, 2011 8:28am
Just went out for a walk, anyone know why EU suddently up for around 50 pips? without any news or speaking?
  • #530,809
  • Aug 25, 2011 8:30am Aug 25, 2011 8:30am
Quoting Yuchen
Just went out for a walk, anyone know why EU suddently up for around 50 pips? without any news or speaking?
viagra effect when u see a girl in your walk
  • #530,810
  • Aug 25, 2011 8:31am Aug 25, 2011 8:31am
Quoting jboogie
crap...he should of warned us and had a news event posted..dam him! and dam his money!
You are new, do home work, this was little whipping, can be much much worse, Calender, News, Times, on FF home page, some time even stop loss wont save your butt, much better not have trades before these times, wait for dust to settle, reassess, then back to work, same friday, close all trades, before close, lottery, monday you might be either rich or at soup kitchen
If you are new to Forex? Say Goodbye to your account!!
  • #530,811
  • Aug 25, 2011 8:32am Aug 25, 2011 8:32am
Quoting Yuchen
Just went out for a walk, anyone know why EU suddently up for around 50 pips? without any news or speaking?
No Bofa news in your shrimp fried rice?
  • #530,812
  • Aug 25, 2011 8:33am Aug 25, 2011 8:33am
Because the Buffet move the market will go up ....then EUR up to 1.45 ...
  • #530,813
  • Aug 25, 2011 8:34am Aug 25, 2011 8:34am
Wanna see how she reacts here on the S&P mini....
Attached Image (click to enlarge)
Click to Enlarge Name: S&P morning 25August.png Size: 23 KB
Do your time and enjoy the ride...
  • #530,814
  • Edited 8:56am Aug 25, 2011 8:37am | Edited 8:56am
Play again and again before a good to great failure as insisting up to much without any result. Not know how many failures to stamp on the forehead & declare & huge punishment will ensues ?
fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu45.gif Size: 17 KB
Click to Enlarge Name: eu44.gif Size: 15 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #530,815
  • Aug 25, 2011 8:38am Aug 25, 2011 8:38am
i think we have to be out of the market now and see what is the trend for it as it start fire works
  • #530,816
  • Aug 25, 2011 8:38am Aug 25, 2011 8:38am
short here
  • #530,817
  • Aug 25, 2011 8:40am Aug 25, 2011 8:40am
Hmmmm... Crude mini testing resistance line.
Attached Image (click to enlarge)
Click to Enlarge Name: 25 August Oil.png Size: 20 KB
Do your time and enjoy the ride...
  • #530,818
  • Aug 25, 2011 8:40am Aug 25, 2011 8:40am
How many billions has Warren Buffet invested in the financial institutions for this kind of desperate move?
  • #530,819
  • Aug 25, 2011 8:43am Aug 25, 2011 8:43am
Quoting fatpanda
short here
Why?


You are on demo?
  • #530,820
  • Aug 25, 2011 8:53am Aug 25, 2011 8:53am
on the 1 hour chart, i drew a line connected the lows from Aug 22 to today (which was from 1.4350 to around 1.4400 so they formed higher lows) and another line connected the highs from Aug 23 to now (which was from 1.4500 to around 1.4460 so they formed lower highs). So probably EU will stay between 1.4400 to 1.4460 until tomorrow's speaking.
I do not know how to paste the chart, anyone can tell me?
Thanks
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