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EURUSD

  • #566,781
  • Nov 28, 2011 7:27am Nov 28, 2011 7:27am
This is my view of the pair..and it retraced the %50 of the previous completed wave...a SELL order might drive the price down to 1,3075....and SL shud be placed at 1,3445..
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 27 KB
Imagination rules the world ...
Selym Hyll Return This Year: na
  • #566,782
  • Nov 28, 2011 7:35am Nov 28, 2011 7:35am
Long at 1.33681... T1 1.34150... and then ... 1.3459..

Quoting selym_co
This is my view of the pair..and it retraced the %50 of the previous completed wave...a SELL order might drive the price down to 1,3075....and SL shud be placed at 1,3445..
  • #566,783
  • Nov 28, 2011 7:38am Nov 28, 2011 7:38am
Quoting Simr
Long at 1.33681... T1 1.34150... and then ... 1.3459..
well...i already placed a pending order at my stop loss with double lot so i ll take profits in any case ...but my long target will be 1,3703
Imagination rules the world ...
Selym Hyll Return This Year: na
  • #566,784
  • Nov 28, 2011 7:40am Nov 28, 2011 7:40am
Quoting alvelino
1.32700 first target for shorts. Should not take long.
Depends what you call long. Could take a few days.
S&P is already up 2.83% at this moment
New voice message: Why are you calling me? If I need you, I'll call you!
  • #566,785
  • Nov 28, 2011 7:41am Nov 28, 2011 7:41am
Guys I have a question.

In any case if France were to get downgraded, will E/U be below 1.30? :nerd:
  • #566,786
  • Nov 28, 2011 7:43am Nov 28, 2011 7:43am
Quoting 3in1coffee
Guys I have a question.

In any case if France were to get downgraded, will E/U be below 1.30? :nerd:
that seems like a Big IF
  • #566,787
  • Nov 28, 2011 7:47am Nov 28, 2011 7:47am
Quoting selym_co
This is my view of the pair..and it retraced the %50 of the previous completed wave...a SELL order might drive the price down to 1,3075....and SL shud be placed at 1,3445..
the upper trendline is WRONG ! you connect the highs
  • #566,788
  • Nov 28, 2011 7:49am Nov 28, 2011 7:49am
Quoting Pip and Run
the upper trendline is WRONG ! you connect the highs
its not "trendline".....its equidistant channel ....but yes..the bottom line was a little wrong...but doesnt change anything...
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 29 KB
Imagination rules the world ...
Selym Hyll Return This Year: na
  • #566,789
  • Nov 28, 2011 8:05am Nov 28, 2011 8:05am
almost 100pip up in Europe session do u think this uptrend will continue and in USA session???
  • #566,790
  • Nov 28, 2011 8:22am Nov 28, 2011 8:22am
Quoting xtenas
almost 100pip up in Europe session do u think this uptrend will continue and in USA session???
hope not coz am short !!!!!!!!!!!!!!!!!
  • #566,791
  • Nov 28, 2011 8:23am Nov 28, 2011 8:23am
Quoting xtenas
almost 100pip up in Europe session do u think this uptrend will continue and in USA session???
i hope till the time its in the channel it will continue to go up..
Attached Image (click to enlarge)
Click to Enlarge Name: 5 min.jpg Size: 78 KB
  • #566,792
  • Nov 28, 2011 8:24am Nov 28, 2011 8:24am
right now it's gotta go down !! i mean come on: 1.339 is D R1 and the 500 SMA!! Any thoughts ?
  • #566,793
  • Nov 28, 2011 8:24am Nov 28, 2011 8:24am
Quoting selym_co
its not "trendline".....its equidistant channel ....but yes..the bottom line was a little wrong...but doesnt change anything...
what are you arguing about ? that channel IS WRONG !!!!!!!!!!!!!! price is supposed to be contained in the channel ..look at yours itsnot !!!!!!
and some people wonder why they make poor trades ....????

just look at it again.
  • #566,794
  • Nov 28, 2011 8:28am Nov 28, 2011 8:28am
Quoting Pip and Run
hope not coz am short !!!!!!!!!!!!!!!!!
What??? Were u short the whole upmove? There goes another 50$. U know what they say...3rd time is a charm.
  • #566,795
  • Nov 28, 2011 8:28am Nov 28, 2011 8:28am
its all uphill from here until 1.38 or until further notice
When life gives you lemons, make lemonade
  • #566,796
  • Nov 28, 2011 8:28am Nov 28, 2011 8:28am
i will try some shorts (1,3387).... for half hour until the US New Home Sales lets see...
  • #566,797
  • Nov 28, 2011 8:29am Nov 28, 2011 8:29am
Quoting xtenas
almost 100pip up in Europe session do u think this uptrend will continue and in USA session???

US will take it down!
  • #566,798
  • Nov 28, 2011 8:29am Nov 28, 2011 8:29am
i am currently flat (on the eurusd); however, i think could go either way this week... but with all the positive new over the holidays, it could go to 3500 - 3800 by years end; before tanking (note: eurusd long term will be testing 1800 next year; but between now and January we could get a bear rally).

Quoting xtenas
almost 100pip up in Europe session do u think this uptrend will continue and in USA session???
  • #566,799
  • Nov 28, 2011 8:33am Nov 28, 2011 8:33am
Quoting micho
its all uphill from here until 1.38 or until further notice
Let's take it resistance after resistance
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  • #566,800
  • Nov 28, 2011 8:33am Nov 28, 2011 8:33am
Thank you Pip and Run ...but its not wrong i have been trading like that for a long time...and i dont have poor trades...but thanks for ur concern...its nice to be warned sometimes...But its just an equidistant channel with two bottoms and one high...and it is an amazing tool to estimate the potential reversals..you shud give it a try too...
Imagination rules the world ...
Selym Hyll Return This Year: na
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