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  • #608,421
  • Mar 13, 2012 8:35am Mar 13, 2012 8:35am
Quoting rattyo
There is a big US bank long at 13050
oh thats great
Trade responsiblypatience is the key/Swing trader
  • #608,422
  • Mar 13, 2012 8:41am Mar 13, 2012 8:41am
Any one know what is wrong with cable?
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #608,423
  • Mar 13, 2012 8:42am Mar 13, 2012 8:42am
Quoting Avir
Any one know what is wrong with cable?
  • #608,424
  • Mar 13, 2012 8:42am Mar 13, 2012 8:42am
Quoting viitrader
I cant see how they will allow gold or silver to have a triple bottom... it must bounce up soon.
I think euro will bounce up with gold at 2880 (3rd of Jan 2011 Low)!
what do you think guys?

I hope my analysis is right....to be honest Im holding some bad longs

I don't think so...
Wasted all my afternoon waiting to go LONG, but no reasonable set up appeared, only total rejection of my plan.
What I'd expect now is a pullback to 1.30800-1.31100 and further depreciation.
If I'd have any LONGS I'd closed them around 1.31000 if possible…
Read Charts - Not Papers
  • #608,425
  • Mar 13, 2012 8:46am Mar 13, 2012 8:46am
Yesterday’s correction higher in Euro still leaves prices well below the recent bearish engulfing pattern and 100dma near 1.3243. The channel break is confirmed and we continue to look for a move to the mid-February pivot low of 1.2947 with more formidable support in the zone that encompasses the 2010 uptrend and January low between 1.2710-1.2624.
S/t, Euro appears to have entered a wave 3 down often characterized by sharp moves in the direction of the prevailing trend. Immediate targets on a break of 1.3079 support are the channel support level of 1.2960 and our projection targets of 1.2902.
Levels: Support - 1.3096, 1.2960/47, 1.2902 Resistance – 1.3191, 1.3291, 1.3367
  • #608,426
  • Mar 13, 2012 8:47am Mar 13, 2012 8:47am
Quoting ptetech
Yesterday the EUR/USD returned to last weeks mid-week levels. This is expected to continue throughout the week with peaks near the resistance of 1.330 and lows near 1.3060.
Try to feed that to your dog.
But have some rags or an old towel ready, he'll probably throw up.

By the way, the last time we had 1.33 was March 1, not last week.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #608,427
  • Mar 13, 2012 8:49am Mar 13, 2012 8:49am
poor turmaz whenever he starts using his megasized ''up'' and starts calling shorters ''losers'' euro punishes him and drops at least hundred pips I have to admit - I am using him as counter indicator and it's been working wonders!
  • #608,428
  • Mar 13, 2012 8:52am Mar 13, 2012 8:52am
any sell limit orders out there at 1.3080?

we might see some sweet resistance here from the 6am support yesterday ?!?
  • #608,429
  • Mar 13, 2012 8:52am Mar 13, 2012 8:52am
Quoting KillerWhale
Try to feed that to your dog.
But have some rags or an old towel ready, he'll probably throw up.

By the way, the last time we had 1.33 was March 1, not last week.
I will see you at 13300
  • #608,430
  • Mar 13, 2012 8:53am Mar 13, 2012 8:53am
Quoting halkins
I don't think so...
Wasted all my afternoon waiting to go LONG, but no reasonable set up appeared, only total rejection of my plan.
What I'd expect now is a pullback to 1.30800-1.31100 and further depreciation.
If I'd have any LONGS I'd closed them around 1.31000 if possible…
hmmm I may have the same fate as Happy Trader...
I just dont see the dollar strengthening forever.

anyhow, cheers
  • #608,431
  • Mar 13, 2012 8:55am Mar 13, 2012 8:55am
Quoting yperite
poor turmaz whenever he starts using his megasized ''up'' and starts calling shorters ''losers'' euro punishes him and drops at least hundred pips I have to admit - I am using him as counter indicator and it's been working wonders!
This is his explanation as to why he calls us losers:

Quoting turmaz
i call them losers because they are losers like you and me losing in this game is "cost of doing business"
if u dont know how and when to lose u will never be a winner,

so the posts which ppl are posting here shows thre are more losers than winners, i already have a 17yrs experience of losing, so i call young traders like you "losers" not because i want to mock or annoy u rather i want to tell you "how not to lose ur money"
this is the definition of trading,
see from another angle winning in this biz is not losing ur money which u made...
I still don't get it.
  • #608,432
  • Mar 13, 2012 9:01am Mar 13, 2012 9:01am
Quoting ptetech
I will see you at 13300
Who knows, but not likely in 2012
New voice message: Why are you calling me? If I need you, I'll call you!
  • #608,433
  • Mar 13, 2012 9:03am Mar 13, 2012 9:03am
Quoting Avir
Any one know what is wrong with cable?
EUR is getting dumped. Check EUR/GBP. It's always good to keep an eye on this cross.
Nothing worth having is easy.
  • #608,434
  • Mar 13, 2012 9:05am Mar 13, 2012 9:05am
Turmaz

Possibly wasn't the brightest spark in the class at school
rat
  • #608,435
  • Mar 13, 2012 9:06am Mar 13, 2012 9:06am
close long with +15 pips give 1 get 10
  • #608,436
  • Mar 13, 2012 9:07am Mar 13, 2012 9:07am
Quoting Patience
EUR is getting dumped. Check EUR/GBP. It's always good to keep an eye on this cross.
http://www.forexfactory.com/images/icons/icon14.gif Thanks
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #608,437
  • Mar 13, 2012 9:07am Mar 13, 2012 9:07am
good morning
  • #608,438
  • Mar 13, 2012 9:09am Mar 13, 2012 9:09am
the movement for the last hour does no show any signs that the market will run up - just from the eur/usd i cant see why i should go long...

even aud/usd and nzd/usd didnt recover to much and just with limited momentum, only the cable did but even this one i still keep short as the long term chart does not show an uptrend or reversal to the upside, at least not yet...
Attached Image (click to enlarge)
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  • #608,439
  • Mar 13, 2012 9:10am Mar 13, 2012 9:10am
FOMC

Federal Outrageous Money Collapse

Fruit Of the Month Club
Fell Of My Chair
Federal Open Market Committee
Families Of Murdered Children
Fiber Optic Micro Cable
New voice message: Why are you calling me? If I need you, I'll call you!
  • #608,440
  • Mar 13, 2012 9:11am Mar 13, 2012 9:11am
Quoting Avir
http://www.forexfactory.com/images/icons/icon14.gif Thanks
You're welcome.
Nothing worth having is easy.
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