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  • #557,041
  • Nov 2, 2011 8:01am Nov 2, 2011 8:01am
Quoting factorof2
Probably true although the bulls aren't pushing the price to any higher highs in the last few hours. Then again the bears aren't pulling them down either. Just looks like an ugly symmetrical triangle. I'll be curious to see where it goes.
bear and bull waiting for BEN support
Mohan
  • #557,042
  • Nov 2, 2011 8:04am Nov 2, 2011 8:04am
Quoting mohan76
bear and bull waiting for BEN support
maybe BEN wanna says anything again...
Let us be green
  • #557,043
  • Nov 2, 2011 8:06am Nov 2, 2011 8:06am
Quoting hakankhan
1.3820 maybe reach soon.

Attachment

galloping likewise
  • #557,044
  • Nov 2, 2011 8:08am Nov 2, 2011 8:08am
can anyone here explains this sudden move?
Forex will make you loose but you will stay gambling
  • #557,045
  • Nov 2, 2011 8:08am Nov 2, 2011 8:08am
long again @ 1.38059

http://3.bp.blogspot.com/-RRtPFbuflX...Bbuy%2Beu2.gif


TheTrad3r
  • #557,046
  • Nov 2, 2011 8:09am Nov 2, 2011 8:09am
Quoting wannaberich
too messy. waiting.
Patience is the key my friend
Now my longs are looking good

First station to stop at is 1,382x-3x
COT: The precious data ignored
  • #557,047
  • Nov 2, 2011 8:10am Nov 2, 2011 8:10am
Quoting Jawadnimri
can anyone here explains this sudden move?
many of moves has not any explain.
galloping likewise
  • #557,048
  • Nov 2, 2011 8:10am Nov 2, 2011 8:10am
Quoting Jawadnimri
can anyone here explains this sudden move?
Looks like a symmetrical triangle breakout. It's not as violent or volatile as news usually seems to be but I don't know, there might have been some news.
  • #557,049
  • Nov 2, 2011 8:10am Nov 2, 2011 8:10am
Quoting Jawadnimri
can anyone here explains this sudden move?
after 8 months of painful trading, i call this uncertainty....

we will never truly understand the cause of MOST MOVEMENTS
  • #557,050
  • Nov 2, 2011 8:11am Nov 2, 2011 8:11am
Quoting hakankhan
many of moves has not any explain.
yes i understand, but this move is against the news just released?? its the 5th time i trade as what the news suggests and the trade goes in the opposit direction, ill go gambling again, its better
Forex will make you loose but you will stay gambling
  • #557,051
  • Nov 2, 2011 8:12am Nov 2, 2011 8:12am
Quoting factorof2
Probably true although the bulls aren't pushing the price to any higher highs in the last few hours. Then again the bears aren't pulling them down either. Just looks like an ugly symmetrical triangle. I'll be curious to see where it goes.
It's not as if the bears aren't pulling them down. it's just that the bulls are absorbing all possible shorts. That creates the balance. The bears will need to wait at a higher level where some faint hearted bulls will be ready to give in and not match their sell order to a buy.

Just my own simple opinion. In life, nothing is sure, and so is price action.


Quoting Jawadnimri
the bears get tired, amazing amalysis
Thanks mate.
Don't just beat the markets, leave bruises.
  • #557,052
  • Nov 2, 2011 8:12am Nov 2, 2011 8:12am
Quoting Motion
so boring...

so the sell orders are coming in, but they're been absorbed by the bulls. Doing their best to keep prices close to the highs. When the bears get tired, I hope the bulls push prices to the next level. 1.3859.
3800 broke... possible bull trap or breakout ???
  • #557,053
  • Nov 2, 2011 8:17am Nov 2, 2011 8:17am
Quoting Cypher
open a dollar index chat watch that see how the eurusd acts
Some news coming down the pipeline over in europe...... I think China may buy some bonds after all....heard brazil will too.

Greece is still pooched. LOL May leave the union.
  • #557,054
  • Nov 2, 2011 8:17am Nov 2, 2011 8:17am
Quoting Jawadnimri
can anyone here explains this sudden move?
all i see bad news on wire

knot saying s " ECB bond buying program can't be unlimited " i read it as "can be unlimited" and closed my short , may be everyone did the same
Mohan
  • #557,055
  • Nov 2, 2011 8:19am Nov 2, 2011 8:19am
up this is not carry up and dump down process. lets watch and see mate!!!!
Maximizing your potentials!
  • #557,056
  • Nov 2, 2011 8:23am Nov 2, 2011 8:23am
E/U Long up 82 pips and climbing! May a break of 1.38 mean a retrace back to last week's prices?
  • #557,057
  • Nov 2, 2011 8:24am Nov 2, 2011 8:24am
Quoting harora
3800 broke... possible bull trap or breakout ???
Better to wait the close of the hour. See how long prices can stay above 3800 without visiting 377x. Still holding my longs though waiting for 3999. But who knows...anything can happen.
Don't just beat the markets, leave bruises.
  • #557,058
  • Nov 2, 2011 8:25am Nov 2, 2011 8:25am
Quoting Nik655
E/U Long up 82 pips and climbing! May a break of 1.38 mean a retrace back to last week's prices?
Anything can happen...be on your toes....

Fed could pull a rabbit out of its hat...who knows... LOL
  • #557,059
  • Nov 2, 2011 8:25am Nov 2, 2011 8:25am
Quoting FX Babie
Bear flag on 1 Hr eurdollar



upper trend line is holding price very well !!!!!!!!!!!!!!!!!!!!!
  • #557,060
  • Nov 2, 2011 8:31am Nov 2, 2011 8:31am
Quoting Motion
Better to wait the close of the hour. See how long prices can stay above 3800 without visiting 377x. Still holding my longs though waiting for 3999. But who knows...anything can happen.
i wonder why people never want to wait for candle bars to close ...lol
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