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  • #583,301
  • Jan 12, 2012 12:13pm Jan 12, 2012 12:13pm
Quoting motoro
still far from 2873.dont think will be able touch it in the next 10 hours
Hi brother. I am not talking about touching it. Talking about going above it and hold. By the way touching it today is as easy as 1,2,3.
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #583,302
  • Jan 12, 2012 12:13pm Jan 12, 2012 12:13pm
Quoting forexpert310
What the hell are we doing?
Waiting for it to break and close on the hour above 1.2847 so I can wee wee wee all the way home..... You?
  • #583,303
  • Jan 12, 2012 12:13pm Jan 12, 2012 12:13pm
this double top is now fully... i think bigger one 1.2852
  • #583,304
  • Jan 12, 2012 12:17pm Jan 12, 2012 12:17pm
NZD/USD looks really high priced here.

AUD/USD too.

Might be worth a nibble between .793 and .798 for some long term play
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  • #583,305
  • Jan 12, 2012 12:18pm Jan 12, 2012 12:18pm
Looks like there EURUSD might go down with RSI showing a Lower High, and the Price showing a Higher High... guess we'll see what happens
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  • #583,306
  • Jan 12, 2012 12:18pm Jan 12, 2012 12:18pm
I'm gonna wait till it goes back to the 2790 to 2810 area to enter a long. Though I should have entered there when it retraced like I wanted. Heh

No shorts for me as long as this thing stays above 2800.

Glad I was long from 2740 and cashed +50, though.
  • #583,307
  • Jan 12, 2012 12:20pm Jan 12, 2012 12:20pm
seems weird is that, mostly every pair against the USD was bullish the past few hours, but yet GOLD has dropped all of its gains today..
  • #583,308
  • Jan 12, 2012 12:24pm Jan 12, 2012 12:24pm
Quoting samdani786
2873 is the KEY #. Stay below and we go down .
Hi...
Why 2873 ?
  • #583,309
  • Jan 12, 2012 12:30pm Jan 12, 2012 12:30pm
Tried some euraud and audusd trades with eurusd profits and gave some back.

Think I'll take a nap and wait til tomorrow.
  • #583,310
  • Jan 12, 2012 12:36pm Jan 12, 2012 12:36pm
Quoting SlyQsx
Hi...
Why 2873 ?
Open a weekly chart and you will see a huge low point on 01-09-2011 and that is 2873 and we are moving around it .
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #583,311
  • Jan 12, 2012 12:36pm Jan 12, 2012 12:36pm
I see there are people here who are believing that the price will go down to 1.25xx ..... I will give no point of view of mine over that but I do know that a upside trend channel has formed ... !!!
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Human
  • #583,312
  • Edited 12:54pm Jan 12, 2012 12:39pm | Edited 12:54pm
Testing 1.2820, hourly close is important. It will be risk off, - if closing more than 10 pips below - rest of the session.

Otherwise buyers still try to buy intraday high, targeting above 1.2850, maybe 1.29....it is a bit unclear yet.

EDIT: 1.2857/60 looks first target.
They think they are smarter than I am.
  • #583,313
  • Jan 12, 2012 12:42pm Jan 12, 2012 12:42pm
Quoting Chanya
I see there are people here who are believing that the price will go down to 1.25xx ..... I will give no point of view of mine over that but I do know that a upside trend channel has formed ... !!!

Eurusd is going for big correction upward...and it is possible because many traders got stuck with their shorts at 1.2680 ...and they are hoping for downturn ..surely they will add shorts at each rally and price will never fall till their accounts got squeezed and blown away...thats forex..yesterday MIG bank gave short at 1.2680 with sl 1.2850 really big sl ....and i m sure lot of traders made same mistake thats y ppl. earn on other table...btw my long targets are 1.2910-1.2920-1.2965...
"We can't predict the future.But we can create it."
  • #583,314
  • Jan 12, 2012 12:43pm Jan 12, 2012 12:43pm
Quoting samdani786
Open a weekly chart and you will see a huge low point on 01-09-2011 and that is 2873 and we are moving around it .
Now i see Thx...
  • #583,315
  • Jan 12, 2012 12:47pm Jan 12, 2012 12:47pm
Quoting SlyQsx
Hi...
Why 2873 ?
Hi bro..ur analysis indeed gr8...i m big fan of EW TL fibo CS patterns ....i wanted to add u in yahoo...pl.
"We can't predict the future.But we can create it."
  • #583,316
  • Jan 12, 2012 12:51pm Jan 12, 2012 12:51pm
I have doubt in my short now
Just closed everything out @ 1.28266 for like +3 PIPS...

its just wouldn't come down ... i'll wait for another hr or 2 hr to see
I would look for retrace .. since it move about + 130 PIPS already
  • #583,317
  • Jan 12, 2012 12:56pm Jan 12, 2012 12:56pm
Quoting BossTrader
Guys 1 hr chart shows double bottom
Just like back in 2009 when the euro was too high , nearly 1.50

Trichet just said the usd dollar needs to be stronger and look what happened

The fact is that forex is manipulated by central banks, and now the euro is unacceptably weak.

Strange tonight something is making the euro tick up slowly... Central banks probably ...., we will see tomorrow
  • #583,318
  • Jan 12, 2012 1:00pm Jan 12, 2012 1:00pm
Thats very un forex.... No retrace after a move.... So then you can all see that its being maniplulated by the banks bevause draggis job was to create a trend change today
  • #583,319
  • Jan 12, 2012 1:09pm Jan 12, 2012 1:09pm
Quoting mkvy
Thats very un forex.... No retrace after a move.... So then you can all see that its being maniplulated by the banks bevause draggis job was to create a trend change today
Someone just tried to sell after hourly close with some volume.

Well, moved like 7 pips. Maybe they might pack more punch....
They think they are smarter than I am.
  • #583,320
  • Jan 12, 2012 1:15pm Jan 12, 2012 1:15pm
I'm looking at 2770 in Asia then up through London.
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