EURUSD

Since everyone is talking about how they have done.. here is my story.

Started with 5k .. Got to 13k within 6 months. (ALL GOLD)

Started doing FOREX and burned it down with gold + forex . got back to 4 k .

Now again goin up am at around 8 k.

Lesson : DONT READ TOO MUCH !.. Just keep it simple.

Closed it with a BE + 3 coz i have to leave the system for the day.

Hate that i closed gold short at 1653 with only +3$ crashed to 1645

Don't think so. It reversed at 46 again. At times, I feel my broker peeps through my limit orders and turn prices away 1 or 2pips shy of the spots. It has being happening recurrently since the beginning of this year.

I think I'm just gonna forget today's trading. The fiber has been holding up to the 28 level short conglo for too long. It might break through. The 28xx holds the DR1, WR1 and alternated support turned resistance and a supply level. But instead of moving away swiftly, it posts a bullish outside bar on the 4hour. I call this, INDECISION!!!

Why is € going up after TIC Long-Term Purchases that is in green numbers...? I dont understand it.. :-(

http://img440.imageshack.us/img440/8409/downrs.png
Wonder where this one is heading?

not only green but also double the prediction, if it was understandable FX trading would not exist

Thats a great chart thanks : )

Highest short entries been 1.2843 (14h36 CET) with mine ...

Been big trunks ...

Very profitable unwindings between 1.2812 and 1.2803 ... (15h02 CET) ...




;-|

The changing face of capitalism Traditional capitalism: * You have two cows. * You sell one and buy a bull. * Your herd multiplies, and the economy grows. * You sell them and retire on the income. American capitalism (or enro-capitalism): * You have two cows. * You sell three of them to your publicly listed company, using letters of credit opened by your brother-in-law at the bank, then execute a debt/equity swap with an associated general offer so that you get all four cows back, with a tax exemption for five cows. The milk rights of the six cows are transferred via an intermediary to a Cayman Island company secretly owned by the majority shareholder who sells the rights to all seven cows back to your listed company. The annual report says the company owns eight cows, with an option on one more. Sell one cow to buy influence with a new president of the United States, leaving you with nine cows. No balance sheet provided with the release. The public buys your bull. An australian corporation: * You have two cows. * You sell one, accept an LAW tax promised credit payable in 4 year's time, and force the other to produce the milk of four cows. * You are surprised when the cow drops dead. A french corporation: * You have two cows. * You go on strike because you want three cows. A japanese corporation: * You have two cows. * You redesign them so they are one-tenth the size of an ordinary cow and produce 20 times the milk. * You then create clever cow cartoon images called Cowkimon and market them worldwide. A german corporation: * You have two cows. * You reengineer them so they live for 100 years, eat once a month, and milk themselves. A british corporation: * You have two cows. * Both are mad. An italian corporation: * You have two cows, but you don't know where they are. * You break for lunch. A russian corporation: * You have two cows. * You count them and learn you have five cows. * You count them again and learn you have 42 cows. * You count them again and learn you have 12 cows. * You stop counting cows and open another bottle of vodka. A swiss corporation: * You have 5000 cows, none of which belong to you. * You charge others for storing them. A chinese corporation: * You have two cows. * You have 300 people milking them. * You claim full employment, high bovine productivity, and arrest the newsman who reported the numbers. A new zealand corporation: * You have two cows. * That one on the left is kinda cute...

movie was good i could not come in halfway , looks i have missed action

so now we are officially in bull garden ? last pull down was supported by former resistant trend line

Where is up maximum?! 1.29? 1.2870? 1.28.50? I thing no more 1.286 no this power.... but nobody know

2850 on this next bounce.

http://img703.imageshack.us/img703/9534/downol.png

until we break 50 bear have some hand , looks we have to break it tomorrow in Asian session 80 is double top

today Euro moving cross all pair which is a good sing , hope we can see 30 this week

Edit : did any one seen big stop blowing ? , chart not convincing me

It will be very interesting, there is no time to go down next us market will close or it will dont have liquidity

mohan76
I think that is not possible to go up to 1.30 before back almost to 1.27.20 did you think?

wedge formation after an uptrend = bearish signal - please feel free to tear my analysis to shreds im still learning, constructive feedback would be appreciated.

Planning to sell at 1.2849 -

GL to all

Seriously, if I knew that, I wouldn't be trading.

calculation tells 2nd set of stop above 2850 , long time traders holding short for more than 4 weeks , if we manage to take stops we can touch 2900 they might start taking profit which will drive this pair above 30

i am not holding any long just my view , big bad news can turn think around

Small intervention from SNB ? may be not

Edit : Taking 2950 will wide open door for 3000+ may be 3200

That does not look like an intervention on eur/chf but it probably had something to do with eur/usd rangeing.

You've said it all mate. Tooshey.

BTW, if this hour closes above 2827, it would be a case of bullish continuation which changes everything for me. Let's see...