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  • #551,121
  • Oct 17, 2011 6:58am Oct 17, 2011 6:58am
I really look forward to the US Session, gonna be interesting to see if and how far equities take this eventually further down.

My goal is to build several long positions on euro, and shorts on yen in the coming days, in a conservative approach, buy and stop loss at breakeven quickly, the rest is up to the markets.
  • #551,122
  • Oct 17, 2011 6:59am Oct 17, 2011 6:59am
Quoting micho
Hey there,

I am not waiting for this pair to go anywhere, I didn't say I am waiting for it anyway... All I said is I am aside, it was not the right time and price to short nor long EURUSD. Now you got lucky with this short, next time it will burn your account... Short still not confirmed, I will trade it when I see it dropping not when I expect it to drop
Never ceases to amaze me how everybody else is lucky....................

By the way, just to record it waaaaaaaaaaaaaaayyyyyyyyyy in advance..... long at 3725 then add to long at 3685..........let's see how my lucky guess pans out
  • #551,123
  • Oct 17, 2011 7:01am Oct 17, 2011 7:01am
Quoting FXConveyor
Hey, Micho,

You still waiting for this pair to hit 3930?

Whilst I was being laughed at for "guessing" the direction from 3890 look where we are at now. You and the other dude that accused me of being on crack, did give me a laugh on Friday.
Well I didnt read you fridays story but I am laughing to you now.

T.
"I know one thing, that I know nothing." Sokrates
  • #551,124
  • Oct 17, 2011 7:02am Oct 17, 2011 7:02am
signal confirmed 3630 today or tomorrow
looking for investors . pm me
  • #551,125
  • Oct 17, 2011 7:04am Oct 17, 2011 7:04am
Quoting kbmoonshinex
signal confirmed 3630 today or tomorrow
Maybe............but you'll get a good bounce off 3685 first.
  • #551,126
  • Oct 17, 2011 7:05am Oct 17, 2011 7:05am
Quoting Tom_D_Trader
Y, y, I agree. But still, I would make that first grey line of yours longer to 1,39, I think this bullish wave was too strong to end without the last spike up.

T.
Yes of course we might test the 1.39 as wave b for double top. That would bearish as f@ck imho.



Seb
  • #551,127
  • Oct 17, 2011 7:06am Oct 17, 2011 7:06am
Quoting SlyQsx

Attachment
Nice...

Seb
  • #551,128
  • Edited 7:40am Oct 17, 2011 7:22am | Edited 7:40am
Does anyone have the time to explain why eur/usd should go down in the next few weeks ? I saw lots of studies showing that it should fell to 1.34 (see http://mediaserver.fxstreet.com/Repo...3cdb37898b.pdf)
Beside the fact that next Tuesday perhaps the Eurozone interest rate will be diminished, i don't see a strong reason for the eur decline. Once major issues in the euro zone are debated this week and after the "great" financial plan proposed, things should be looking better for euro.
Another argument for storng eur: in my opinion stocks are the leading indicator vs eur/usd for now and it has a bulish perpective. De30 didn't registered any decline (it stil trades at the values registered on Friday) even if the preasures for less risky actions are high.

Ths.
  • #551,129
  • Oct 17, 2011 7:26am Oct 17, 2011 7:26am
1h and 4h looking good for shorts. pullback at 3808 area as first target and 3827 as second and definite target where i ll look for shorts from my 15 min and 5 min
  • #551,130
  • Oct 17, 2011 7:30am Oct 17, 2011 7:30am
Quoting stormtrader
1h and 4h looking good for shorts. pullback at 3808 area as first target and 3827 as second and definite target where i ll look for shorts from my 15 min and 5 min
targets for these shorts would be 1.3690 fridays low.

if we break that then we re looking for bears back in power

gl to all of you
  • #551,131
  • Oct 17, 2011 7:34am Oct 17, 2011 7:34am
Quoting stormtrader
targets for these shorts would be 1.3690 fridays low.

if we break that then we re looking for bears back in power

gl to all of you
Pullback to 1.3830 ? I can see 1.380x only for now...time will tell
COT: The precious data ignored
  • #551,132
  • Oct 17, 2011 7:38am Oct 17, 2011 7:38am
Quoting kuroro001
Pullback to 1.3830 ? I can see 1.380x only for now...time will tell

that would be the top and the most i d concider shorts from. above that everything changes imho 3800 - 3810 should cap this. but u never know with the BASTARDS around....lol
  • #551,133
  • Oct 17, 2011 7:43am Oct 17, 2011 7:43am
waiting to short 1.3830-50 'ish if some great bearish candles form (50% retrace plus resistance level plus trendline break area)
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WARNING: Don't follow me as I'm just learning
  • #551,134
  • Oct 17, 2011 7:45am Oct 17, 2011 7:45am
Quoting FXConveyor
Maybe............but you'll get a good bounce off 3685 first.
for me does not matter bounces. i hold my short from 3903. target 3630
looking for investors . pm me
  • #551,135
  • Oct 17, 2011 7:45am Oct 17, 2011 7:45am
hmmm
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #551,136
  • Oct 17, 2011 7:47am Oct 17, 2011 7:47am
Quoting kbmoonshinex
for me does not matter bounces. i hold my short from 3903. target 3630
GL, nice profit if comes off.
  • #551,137
  • Oct 17, 2011 7:47am Oct 17, 2011 7:47am
Most likely short opportunity again at 1.3837/38 +/- 10 pips.

Smaller upside test targets at 1.3797/98 and 1/5min EMAs.
They think they are smarter than I am.
  • #551,138
  • Oct 17, 2011 7:51am Oct 17, 2011 7:51am
More Short-Term weakness....
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Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #551,139
  • Oct 17, 2011 7:56am Oct 17, 2011 7:56am
first short at 3795. sl 3835 target as above
  • #551,140
  • Oct 17, 2011 7:59am Oct 17, 2011 7:59am
then long to... 3870? if entry pops, of course.

hapipipin
dreams do come true.
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