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EURUSD

  • #640,781
  • May 7, 2012 8:34am May 7, 2012 8:34am
Quoting baherhosni
It just needs a bit of breath taking first I guess..
wouldn't all your prayer and worshipping make you a golden trader already
deep RoT is essential for everlasting happyness
  • #640,782
  • May 7, 2012 8:36am May 7, 2012 8:36am
I am expecting 1.3080 before a down move
Hedge Fund Manager
  • #640,783
  • May 7, 2012 8:40am May 7, 2012 8:40am
I chatted with them and explained. They said they will send email to me. Let me see.
Intraday only.
  • #640,784
  • May 7, 2012 8:40am May 7, 2012 8:40am
Trying a short here...let's see
COT: The precious data ignored
  • #640,785
  • May 7, 2012 8:44am May 7, 2012 8:44am
Quoting X.work
wouldn't all your prayer and worshipping make you a golden trader already
hmm.. If you trade in the same way you speculate, then I am not sure about your profits buddy!!

How can you tell if I am the "worshipping" and "praying" type?!?
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #640,786
  • May 7, 2012 8:44am May 7, 2012 8:44am
Hey guys, do you reckon a short or a long now?
  • #640,787
  • May 7, 2012 8:51am May 7, 2012 8:51am
Quoting cfxx
07.05.2012 08:51 EURUSD Buy
1.29908


45 pips plus
55 pips plus, profit is bigger every minute
  • #640,788
  • May 7, 2012 9:00am May 7, 2012 9:00am
its getting in a very intresting area 1.3067 is 50% retracement of the correction and where the support trend line was broken and it will act as a resistance now the sloss above 1.3095
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  • #640,789
  • May 7, 2012 9:02am May 7, 2012 9:02am
Quoting nawafasad1
its getting in a very intresting area 1.3067 is 50% retracement of the correction and where the support trend line was broken and it will act as a resistance now the sloss above 1.3095
67 (58 ~ 67 )was the most annoyed level in the past , looks it will play same game again
Mohan
  • #640,790
  • May 7, 2012 9:15am May 7, 2012 9:15am
Quoting mohan76
67 (58 ~ 67 )was the most annoyed level in the past , looks it will play same game again
yes you r right it was a level that frustrated the bears for a very good while now it should do the same to the bulls just to be fair lol
  • #640,791
  • May 7, 2012 9:29am May 7, 2012 9:29am
I think we`ll see 1.3092 before declining, i put a sell limit there let`s see.http://www.forexfactory.com/images/icons/icon5.gif
  • #640,792
  • May 7, 2012 9:34am May 7, 2012 9:34am
EUR/USD broke out of the wedge (red lines) and headed lower with strong momentum. The market stands now under the neckline of the H&S. The market found support at the major level of 1.30, the 61.80 % retracement level (1.2955) of the upward move since middle of January and Daily Pivot Point (S3) at 1.2953. Medium support is the 100 % fib extension below 1.29. The break of the recent lows (Stop fishing) is accomplished and market is likely react/retrace from there. A typical consolidation (Bear flag with 3 swings) would indicate further momentum down. However as market has already triggered the stops under recent lows and stands at strong support the market could retrace higher. Further price action will give hints.


On the 1h time frame we currently have a strong resistance zone below 1.31 due to gab close, Weekly Pivot Point, 61,80 % retracement and recent consolidation. Market is likely to turn around (short term) or at least consolidate there before further upward movement.

http://forexchartanalyse.blogspot.de/
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  • #640,793
  • May 7, 2012 10:04am May 7, 2012 10:04am
GBPUSD pa will never cease to impress me....it should have headed down hard, but it's being bought....Waiting for fundies to be aligned with the PA...then bye bye
COT: The precious data ignored
  • #640,794
  • May 7, 2012 10:07am May 7, 2012 10:07am
Quoting kuroro001
GBPUSD pa will never cease to impress me....it should have headed down hard, but it's being bought....Waiting for fundies to be aligned with the PA...then bye bye
may be french money moving

yes it's very adamant , love to see today closing level before make any bet
Mohan
  • #640,795
  • May 7, 2012 10:12am May 7, 2012 10:12am
Quoting mohan76
may be french money moving

yes it's very adamant , love to see today closing level before make any bet
Yes no ideas!

And Euro buying doesn't want to stop....they want a beautiful daily close for a move back to the top
COT: The precious data ignored
  • #640,796
  • May 7, 2012 10:46am May 7, 2012 10:46am
i make a sell on 1.3018 and i dont know what can i do please advise and now my lost is -40 $
  • #640,797
  • May 7, 2012 10:52am May 7, 2012 10:52am
guys you think is true what i read on twitter that FBIS bids and "protect" the 1.30 for e/u?

i am not in trouble to complaint, but i am tired of this e/u that goes nowhere nomatter what happens.
There shall be no QE3
  • #640,798
  • May 7, 2012 10:56am May 7, 2012 10:56am
Quoting Helloguys
guys you think is true what i read on twitter that FBIS bids and "protect" the 1.30 for e/u?

i am not in trouble to complaint, but i am tired of this e/u that goes nowhere nomatter what happens.

nobody can "protect" a currency pair. And no one will tell about it if they could. Especially not on twitter.

How come you think e/u doesnt go anywhere? Seems to have been a clear uptrend today, which is losing steam right now. And overall picture is still down.
  • #640,799
  • May 7, 2012 10:56am May 7, 2012 10:56am
Quoting Helloguys
guys you think is true what i read on twitter that FBIS bids and "protect" the 1.30 for e/u?

i am not in trouble to complaint, but i am tired of this e/u that goes nowhere nomatter what happens.

According to the trader Cloggie... which is a master trader in my book... He said that today the Eur/Usd was at crossroads and lots of politics involved. Not to mention it being a bank holiday in London decreasing the liquidity. So for now.. no trades for me... Just making candlestick chart flash cards... Hopefully I can memorize nearly 70 patterns in the up coming couple of weeks.. I need an extra brain. ha ha ha
Luck has no place in trading. Leave that for the poker table.
  • #640,800
  • May 7, 2012 11:05am May 7, 2012 11:05am
Quoting Pair-me-up
According to the trader Cloggie... which is a master trader in my book... He said that today the Eur/Usd was at crossroads and lots of politics involved. Not to mention it being a bank holiday in London decreasing the liquidity. So for now.. no trades for me... Just making candlestick chart flash cards... Hopefully I can memorize nearly 70 patterns in the up coming couple of weeks.. I need an extra brain. ha ha ha
damn this zero sum game.. How can I win of somebody dedicated so much to remember 70 patterns via flash cards

You go dude, I love such dedication.
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