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  • #631,441
  • Apr 23, 2012 1:50pm Apr 23, 2012 1:50pm
Quoting staffpro
do you think we will go to 1.39? i need the price to go to 1.39

Longs underwater a bit there kiddo?
  • #631,442
  • Apr 23, 2012 1:51pm Apr 23, 2012 1:51pm
Quoting scottymoll
Hey Cloggie, what are you looking for next? Is there a level we need to restest to the upside, a range that needs to form, etc? Any if-then-if hints?
...
Quoting cloggie
Already gave you the level.
Probably the 1.3166 he mentioned the last few days.
But first the 1.3151 he mentioned today.
  • #631,443
  • Apr 23, 2012 1:51pm Apr 23, 2012 1:51pm
Quoting Stretch
...


Probably the 1.3166 he mentioned the last few days.
But first the 1.3151 he mentioned today.

You ain't no fun, taking notes now????
  • #631,444
  • Apr 23, 2012 1:52pm Apr 23, 2012 1:52pm
Quoting cloggie
Shorts underwater a bit there kiddo?
Longs you mean? or am i more than the usual crazy?
  • #631,445
  • Apr 23, 2012 1:53pm Apr 23, 2012 1:53pm
Quoting Stretch
Longs you mean? or am i more than the usual crazy?

Nah the other kid, he needs 1.39 desperately, probably still has some longs underwater from way back when.

I told you kids the bottom was in 3 hours ago, so carry on.

EDIT: ah crap you are right, getting all muddled up here with the slow response of FF. Corrected now, I thought it was already but my update didn't register.
  • #631,446
  • Apr 23, 2012 1:54pm Apr 23, 2012 1:54pm
Quoting cloggie
You ain't no fun, taking notes now????
Off course not sir
Just some lines on my chart... Some corresponding fibs, mm's and cloggs.
  • #631,447
  • Apr 23, 2012 1:55pm Apr 23, 2012 1:55pm
I hope for 30 pips run jj(1.31750?)
  • #631,448
  • Apr 23, 2012 1:56pm Apr 23, 2012 1:56pm
Quoting Stretch
Off course not sir
Just some lines on my chart... Some corresponding fibs, mm's and cloggs.

There is a new one now, 3148 (instead of 3151). 3166 has changed slightly to 3158 so there you have the latest goss. 3260 still stands.
  • #631,449
  • Apr 23, 2012 1:57pm Apr 23, 2012 1:57pm
Quoting staffpro
do you think we will go to 1.39? i need the price to go to 1.39

We will hit 1.39 next week, roughly about the same time hell freezes over
  • #631,450
  • Apr 23, 2012 1:59pm Apr 23, 2012 1:59pm
Quoting Dzm1
We will hit 1.39 next week, roughly about the same time hell freezes over

A bit of news and we can hit 1.39 before you know it. Techie wise, there is one side, there are still the fundies, never ever underestimate the power of Bullshit.

The Daily is itching for a major correction, today's drop was purely fundie driven on the back of some crap numbers out of Germany/France, the widening of spreads (however have a look where we stand now on Port/Spain, it will surprise you) and the French/Dutch elections.
  • #631,451
  • Apr 23, 2012 2:01pm Apr 23, 2012 2:01pm
Quoting staffpro
do you think we will go to 1.39? i need the price to go to 1.39

i am a position trader but short/medium term position trader

but excellent question you raised mate, i like this question very less traders asks this type of question now a days, this question is good one. how you come up with this question and this price level 1.39xx, i like it very much goood one, are you a position traders, swing trader day trader intra day trader scalper what are you man?

but very good question do i think we will go to 1.39xx?, how in the world you come up with this question man? my mind boiling but this one is good one really good one


ok now

on weekly time frame there is a triple bottom pattern at 1.300xx and triple bottoms are more valid/reliable then double bottoms, currently me myself is very bullish on this pair as most of traders here are more bearish and they talk about 1.26xx and 1.20xx levels, i see short term resistance at 1.3251-80 area after that we are flying towards 1.3661-1.3705 max


but the question you raised about 1.39xx very good question. It just reminded me of myself thanx mate what a question i really enjoyed it

on my charts 1.3661-1.3705 is max if this pair manages to trade above that level then we'll see what to do..

but good one mate
Charts are never wrong, but the chart reader often is.
  • #631,452
  • Apr 23, 2012 2:01pm Apr 23, 2012 2:01pm
Quoting Dzm1
We will hit 1.39 next week, roughly about the same time hell freezes over
700 move need some special news my friend

not that easy to crack 3480 & very hard to break 3650
Mohan
  • #631,453
  • Apr 23, 2012 2:01pm Apr 23, 2012 2:01pm
Quoting Stretch
Off course not sir
Just some lines on my chart... Some corresponding fibs, mm's and cloggs.
Just would be helpful to know how to play them. Closed my longs way to early around 1.3134.
  • #631,454
  • Apr 23, 2012 2:03pm Apr 23, 2012 2:03pm
Quoting mohan76
700 move need some special news my friend

Either that or the ECB jumping back in. They are ithcing already with the EFSF auction announcement today. And let's not forget about the ESM
  • #631,455
  • Apr 23, 2012 2:03pm Apr 23, 2012 2:03pm
Quoting fxkiller
Just up an update..

TP on all shorts on my this account hit too

Buy pending order not reached.. but got long on with the strategy..

lets see
thumbs up mate
Charts are never wrong, but the chart reader often is.
  • #631,456
  • Apr 23, 2012 2:04pm Apr 23, 2012 2:04pm
Quoting cloggie
A bit of news and we can hit 1.39 before you know it. Techie wise, there is one side, there are still the fundies, never ever underestimate the power of Bullshit.

The Daily is itching for a major correction, today's drop was purely fundie driven on the back of some crap numbers out of Germany/France, the widening of spreads (however have a look where we stand now on Port/Spain, it will surprise you) and the French/Dutch elections.
What about port& spain ? Could u give a good link?
  • #631,457
  • Apr 23, 2012 2:05pm Apr 23, 2012 2:05pm
Quoting cloggie
Either that or the ECB jumping back in. They are ithcing already with the EFSF auction announcement today. And let's not forget about the ESM
i have one macro for my wisdom target (1.42), hope it can hit by September
Mohan
  • #631,458
  • Apr 23, 2012 2:05pm Apr 23, 2012 2:05pm
Quoting Dzm1
We will hit 1.39 next week, roughly about the same time hell freezes over
one more muppet
  • #631,459
  • Apr 23, 2012 2:06pm Apr 23, 2012 2:06pm
Quoting Stretch
Just would be helpful to know how to play them. Closed my longs way to early around 1.3134.

if-then-if, find one, find the next, move stop to the previous, rinse and repeat, find the momentum or lack thereof and you know how the next one responds. Don't counter the next one, expect/anticipate a range, let it consolidate, trade the break, you are on to the next set.
  • #631,460
  • Apr 23, 2012 2:06pm Apr 23, 2012 2:06pm
Quoting hlina9
What about port& spain ? Could u give a good link?

Spreads been tightening sharply.
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