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  • #586,201
  • Jan 20, 2012 2:11am Jan 20, 2012 2:11am
Market dropping!
  • #586,202
  • Jan 20, 2012 2:12am Jan 20, 2012 2:12am
Quoting Alexone
+25 closed before retrace. Meh...Any1 caught this?
I caught it on EUR/JPY:

http://i.imgur.com/AVXh8.png
  • #586,203
  • Jan 20, 2012 2:13am Jan 20, 2012 2:13am
Quoting Liza J
Lol...am suddenly feeling hungry...so yummy...!
I could send some with Fedex?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #586,204
  • Jan 20, 2012 2:14am Jan 20, 2012 2:14am
Quoting johnnyrei
Guys I'm finished for today. Totally exhausted because I could't sleep last night.
Here's my 30m blue channel if anyone's interested. Check my morning chart for levels. Have a blast with Asia/Kiwi sessions. C ya @ Frankie.
Morning Guys - long @1.2957, Sl @ 1.2933
  • #586,205
  • Jan 20, 2012 2:14am Jan 20, 2012 2:14am
Quoting MaxDoom
I am short off the open here looking for a correction <90 pips. then a long.

Have to see if 50 holds up

looks like the game is on
  • #586,206
  • Jan 20, 2012 2:15am Jan 20, 2012 2:15am
Liza J! You said so yummy! yeah it is! but where is your favorite food! I haven't seen it!
very nice, good price..!
  • #586,207
  • Jan 20, 2012 2:18am Jan 20, 2012 2:18am
i hope it drops to 1.24
  • #586,208
  • Jan 20, 2012 2:20am Jan 20, 2012 2:20am
Quoting jayjb
added short at 1.2980
  • #586,209
  • Jan 20, 2012 2:20am Jan 20, 2012 2:20am
Quoting gatoman
i hope it drops to 1.24

lol nothing like hope in trading.

Not much chance of that chap.
  • #586,210
  • Jan 20, 2012 2:20am Jan 20, 2012 2:20am
Quoting mohan76
if 3004 tested before London more chance for good old 3070/80 get break today



30/12/2011 1.29981 / 1.3012 (r1)
3/01/2012 1.30762 /58 (r2)

4/01/2012 1.30721 - big one - on pullback if 50/40 hold it will get break today ,


upside : 3000/12 , 3050/55 , 1.3072/75 (big one) on pl
Downside i am looking at 50/46 , 32/25 psycho level 00 , 2880/72
Euro rejected by 2985..
if 40 break we may go lower..
Patience, Emotion Control and Discipline.
  • #586,211
  • Jan 20, 2012 2:22am Jan 20, 2012 2:22am
I don't know if this is the place to post this or not but I just thought I would throw this in since it seems like people talk just about anything in this thread. Maybe paradox is not even the right word but here goes. When you are looking at technical analysis sometimes you can't help but paying attention to the fundies. However, sometimes they just get in the way. Case in point is this week. For all intents and purposes the fundies point to the Euro falling like a rock. With that being said, if you had just ignored the fundies you would have made a lot of money the past few days but if you payed attention then in the best case scenario you would have been out of the market at least as far as the Euro is concerned. What do you guys think?
  • #586,212
  • Jan 20, 2012 2:22am Jan 20, 2012 2:22am
Quoting gatoman
i hope it drops to 1.24
it better b or i am done
;-(
  • #586,213
  • Jan 20, 2012 2:24am Jan 20, 2012 2:24am
Quoting johncen
Euro rejected by 2985..
if 40 break we may go lower..

All of you were waiting EUR/USD to rise for last a few days. Now you say it will go down You can't forecast anything. I entered at .2990 for EUR/USD and 100.11 for EUR/JPY and i am going to be rich soon
  • #586,214
  • Jan 20, 2012 2:25am Jan 20, 2012 2:25am
Quoting Passerby
Good for you, it's -5% for me!

I want to borrow your words ... strategy.
  • #586,215
  • Jan 20, 2012 2:26am Jan 20, 2012 2:26am
Hi all,

What are we thinking for today long or short.

Could be some potential for a bit of short action.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #586,216
  • Jan 20, 2012 2:28am Jan 20, 2012 2:28am
Quoting MidasFX
I have entered short on eur/usd. I will fade this if it goes higher and my target is 1.2925/1.2900/1.2875 areas.

Just a bit further ... ^_^
  • #586,217
  • Jan 20, 2012 2:28am Jan 20, 2012 2:28am
Quoting screwup
I want to borrow your words ... strategy.



always win strategy: buy high sell low, sel low buy high

  • #586,218
  • Jan 20, 2012 2:28am Jan 20, 2012 2:28am
Not really convincing short
New voice message: Why are you calling me? If I need you, I'll call you!
  • #586,219
  • Jan 20, 2012 2:30am Jan 20, 2012 2:30am
looking for 1.2880 - 1.2900 off this move why?

unlikely that we have seen the top of the rally yet, most likely this is the top of a wave 3 of 5 pattern.

That being the case I would look for this pullback to be equal is size to the wave 2 pull back about 100 pips.

we shall see

EDIT: 2920 might prove a testing spot
Attached Image (click to enlarge)
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  • #586,220
  • Jan 20, 2012 2:30am Jan 20, 2012 2:30am
Already test WR2 2980.Market drop to found daily pivot 2925..
If break further down..
Break daily pivot
TP 1 2880
TP 2 2830
Attached Image (click to enlarge)
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