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EURUSD

  • #551,901
  • Oct 19, 2011 5:40am Oct 19, 2011 5:40am
www.fxcotlounge.com
  • #551,902
  • Oct 19, 2011 5:44am Oct 19, 2011 5:44am
My views. Happy trading
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There is no royal road to anything.
  • #551,903
  • Oct 19, 2011 5:45am Oct 19, 2011 5:45am
Quoting ultra_knight
new high 3867 ...but could not pass the wall of 3880

EU is all set to break the 3650 low now
When it broke above 1,3850 and immediatly went back below it was a big sign of weakness...
1,372x is the next interesting step....1,378x could provide a bounce but i won't play it.
COT: The precious data ignored
  • #551,904
  • Oct 19, 2011 5:46am Oct 19, 2011 5:46am
I don't get why it set highs ( for now ) at .38660.. Not having any relevant levels for this one. First important checkpoint/TL was some pips above. It should have at least touched that one before turning..

It may as well still do.
  • #551,905
  • Oct 19, 2011 5:48am Oct 19, 2011 5:48am
Quoting ultra_knight
new high 3867 ...but could not pass the wall of 3880

EU is all set to break the 3650 low now

Better be prepared for spiking around and wait for a run up to 1.39 to see where real resistance lies.

Stops above 1.3860 have been taken out. You see, there is no selling strength or buying around. View is bullish even though pair drops lower and may target for buy stops.

That would be the case spiking below 1.3815/30 or even further down.
They think they are smarter than I am.
  • #551,906
  • Oct 19, 2011 5:51am Oct 19, 2011 5:51am
Quoting Robertk
I don't get why it set highs ( for now ) at .38660.. Not having any relevant levels for this one. First important checkpoint/TL was some pips above. It should have at least touched that one before turning..

It may as well still do.
It was just a fake break that's why i could not get higher. So it could have been 10 pips, like 20 pips above 1,3850
COT: The precious data ignored
  • #551,907
  • Oct 19, 2011 5:56am Oct 19, 2011 5:56am
Quoting kuroro001
It was just a fake break that's why i could not get higher. So it could have been 10 pips, like 20 pips above 1,3850
I suppose so yeah. At any case not trading this for now.. Too unsure where it's going.
  • #551,908
  • Oct 19, 2011 5:57am Oct 19, 2011 5:57am
Quoting Robertk
I don't get why it set highs ( for now ) at .38660.. Not having any relevant levels for this one. First important checkpoint/TL was some pips above. It should have at least touched that one before turning..

It may as well still do.
We r not done yet for a day...day trend is still bullish...
  • #551,909
  • Oct 19, 2011 6:03am Oct 19, 2011 6:03am
EURUSD has been moving in tandem with the S&P for months now. As we look at the S&P chart, we see similar patterns as with the EUR. Price is at the top of the channel, but divergences are showing on the Trix and RSI. I expect the S&P to drop from here, together with the EUR. The target here is to the 50% Fibonacci retracement level of the latest up move which is at 1149.38.
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Observation is the path to discovery.
  • #551,910
  • Oct 19, 2011 6:12am Oct 19, 2011 6:12am
If you are new to Forex? Say Goodbye to your account!!
  • #551,911
  • Oct 19, 2011 6:18am Oct 19, 2011 6:18am
Quoting KiwiTrada
  • #551,912
  • Oct 19, 2011 6:19am Oct 19, 2011 6:19am
Quoting Z3iz3i
Better be prepared for spiking around and wait for a run up to 1.39 to see where real resistance lies.

Stops above 1.3860 have been taken out. You see, there is no selling strength or buying around. View is bullish even though pair drops lower and may target for buy stops.

That would be the case spiking below 1.3815/30 or even further down.
am agreed with you mate
If there was easy money lying around,no one would be forcing it into your
  • #551,913
  • Oct 19, 2011 6:25am Oct 19, 2011 6:25am
S/ 1.3838 sl / 3870

TP/ 1.3726 (Overnight min)

Want an hourly close below 3824

ES starting to weaken, let's c
  • #551,914
  • Oct 19, 2011 6:29am Oct 19, 2011 6:29am
Too unpredictable for now because of too much fundamentals, but technically speaking it is still bearish. trade with caution.
  • #551,915
  • Oct 19, 2011 6:34am Oct 19, 2011 6:34am
euro waiting for us to sell to go up

atheer1
atheer1
  • #551,916
  • Oct 19, 2011 6:35am Oct 19, 2011 6:35am
no today i said wrong. i see one mistake i made. closed with 20 profit. waiting another setup
looking for investors . pm me
  • #551,917
  • Oct 19, 2011 6:38am Oct 19, 2011 6:38am
With such setup it should have gone down already...cutting my short with 5 pips loss...flat and waiting for the next setup..
It's getting held up...
COT: The precious data ignored
  • #551,918
  • Oct 19, 2011 6:40am Oct 19, 2011 6:40am
Quoting Wilfred
S/ 1.3838 sl / 3870

TP/ 1.3726 (Overnight min)

Want an hourly close below 3824

ES starting to weaken, let's c
3870 was weekly open

3832 was mofu bro, we get through her we on our way other wise we stuck in this crap range

Rocket up Rocket down, dont care just want screen to move
If you are new to Forex? Say Goodbye to your account!!
  • #551,919
  • Oct 19, 2011 6:49am Oct 19, 2011 6:49am
Quoting KiwiTrada
3870 was weekly open

3832 was mofu bro, we get through her we on our way other wise we stuck in this crap range

Rocket up Rocket down, dont care just want screen to move

Still waiting for the hourly close to reconsider the position...

Won't be surprised if equities reverse to negative today
  • #551,920
  • Oct 19, 2011 6:50am Oct 19, 2011 6:50am
Its really excited as I was see that majority were believe this is the max of top now and starting short..whatever its am like to see how market react to this sentiment
If there was easy money lying around,no one would be forcing it into your
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