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  • #608,721
  • Mar 13, 2012 3:27pm Mar 13, 2012 3:27pm
my levels for long tem ride..

above 3125 buying level set and below 3050 down pending order sets..

for my view, we will see more down on euro.. but let see, 3050 will be not such easy at all..

c u 2row

gl all
  • #608,722
  • Mar 13, 2012 3:30pm Mar 13, 2012 3:30pm
market took a sharp turn,hope no body got hurt
Trade responsiblypatience is the key/Swing trader
  • #608,723
  • Mar 13, 2012 3:38pm Mar 13, 2012 3:38pm
Quoting kibescorp
"Dow ends up 218 points"

"Stocks close up sharply on signs of stronger economy"

"Nasdaq closes above 3,000 for the first time since 2000"


These are the headlines from the media over the past hour or so.

Does this seem BEARISH to you?
No doubt stocks on uptrend but euro different story. Euro trading below 200 and 50 ema. As long as that stays then i will short.
  • #608,724
  • Mar 13, 2012 3:40pm Mar 13, 2012 3:40pm
Quoting sidhujag
just watch bud... dow 36k anyone?

u haven't been reading anything I've been saying, infact I gave heads up on this months ago, the fact that it is happening shows that I wasn't talking out of my ass
Tell me how housing market can pick up when foreclosures are still in full swing?
Oh, I see, you think that if contracts for financing and housing are up, it is all settled?
Do you have any idea how many of those contracts are canceled before they become due?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #608,725
  • Mar 13, 2012 3:41pm Mar 13, 2012 3:41pm
Quoting kibescorp
Who says EUR/USD is trying to make lows?

Stocks are going up because sentiment is highly POSITIVE.

Only scalpers should be doing any shorting right now.
well it didnt...
  • #608,726
  • Mar 13, 2012 3:43pm Mar 13, 2012 3:43pm
are u not going to enter at the tip?


Quoting fxkiller
my levels for long tem ride..

above 3125 buying level set and below 3050 down pending order sets..

for my view, we will see more down on euro.. but let see, 3050 will be not such easy at all..

c u 2row

gl all
  • #608,727
  • Mar 13, 2012 3:46pm Mar 13, 2012 3:46pm
Here is my current position. I am long at 1.3071 with a SL at 1.3048 and a TP at 1.3186. If my TP is hit, I have a sell order at 1.3186 with a TP at 1.2720 and a SL at 1.3206. Hopefully, this hourly bar can close at or above 1.3092 or 1.3102.
  • #608,728
  • Mar 13, 2012 3:46pm Mar 13, 2012 3:46pm
Long for me. What do you think?
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  • #608,729
  • Mar 13, 2012 3:48pm Mar 13, 2012 3:48pm
Quoting Kowalczyk
Here is my current position. I am long at 1.3071 with a SL at 1.3048 and a TP at 1.3186. If my TP is hit, I have a sell order at 1.3186 with a TP at 1.2720 and a SL at 1.3206. Hopefully, this hourly bar can close above 1.3090.
Agree, good trade....I have TP 1.3158
  • #608,730
  • Mar 13, 2012 3:53pm Mar 13, 2012 3:53pm
Ofc housing market will rocket from here. FED has full balance sheet of MBS (mortgage backed securities), because it is such a great deal. And because it is such a great deal to buy MBS, they even changed the law in mid 2009, so MBS are no longer marked to market. Everyone knows price on the market doesnt matter at all.

I definitely think that those 16% of unemployed (oh sry, its only 8% as half of people aint looking for jobs anymore) are going to buy houses right now. And if they dont, BoA, Morgan or GS, who just got rid of their MBS and sold them to FED will invest some more.

T
"I know one thing, that I know nothing." Sokrates
  • #608,731
  • Mar 13, 2012 3:55pm Mar 13, 2012 3:55pm
On my 4H chart i got a Wedge showing a strong Bear and a forming reversal double bottom showing a bull, at the mo im riding a bear hopes something happens soon in my favour.
Im only a newbie and very confused, dont take me serious.http://www.forexfactory.com/images/icons/icon9.gif
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FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #608,732
  • Mar 13, 2012 3:55pm Mar 13, 2012 3:55pm
KillerWhale, my girlfriend is a nurse, i understand you
  • #608,733
  • Mar 13, 2012 3:56pm Mar 13, 2012 3:56pm
Quoting Kowalczyk
Here is my current position. I am long at 1.3071 with a SL at 1.3048 and a TP at 1.3186. If my TP is hit, I have a sell order at 1.3186 with a TP at 1.2720 and a SL at 1.3206. Hopefully, this hourly bar can close at or above 1.3092 or 1.3102.
1.3186 touched
  • #608,734
  • Mar 13, 2012 3:57pm Mar 13, 2012 3:57pm
I'm short ar 1.3065, but with an unimportant position, just to watch;

This is going to PAR in 2 yr.

Without reading the news, i'll tell you some things;
- The past bubble generated inefficiency in US, at residential level and industrial level !
- US is now 30% more efficient than it was 3 yr ago !
- I watched just ONE indicator - "US mining sector sales" which was up 40% from 2010Q3 to 2011Q3 and I suddenly remembered that US is a continent and has, let's exagerate, its OWN resources...
- UE... not much of those...

Time to go South bigtime.

I may be wrong; manipulation and politics do much in this pair, but please, someone correct me...
I'll shop after the drop
  • #608,735
  • Mar 13, 2012 3:59pm Mar 13, 2012 3:59pm
Quoting ptetech
1.3186 touched
I just opened a new long right before NY close. I expect it to touch 1.3190 before reversing. This should happen within the next ~14 hours or I will manually close.
  • #608,736
  • Mar 13, 2012 4:00pm Mar 13, 2012 4:00pm
Quoting ptetech
1.3186 touched
1.3186 touched??? when and where?
  • #608,737
  • Mar 13, 2012 4:01pm Mar 13, 2012 4:01pm
Quoting onlyfortrade
1.3186 touched??? when and where?
He either meant a couple of hours ago or 1.3086, not 1.3186.
  • #608,738
  • Mar 13, 2012 4:02pm Mar 13, 2012 4:02pm
Quoting onlyfortrade
1.3186 touched??? when and where?
sorry i m half asleep i wanted to say 13086
  • #608,739
  • Mar 13, 2012 4:03pm Mar 13, 2012 4:03pm
Quoting kibescorp
Who says EUR/USD is trying to make lows?

Stocks are going up because sentiment is highly POSITIVE.

Only scalpers should be doing any shorting right now.
seems you going to right
  • #608,740
  • Mar 13, 2012 4:04pm Mar 13, 2012 4:04pm
Quoting onlyfortrade
1.3186 touched??? when and where?
Should go up or down!!!!!
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