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EURUSD

  • #644,461
  • May 17, 2012 5:19pm May 17, 2012 5:19pm
Quoting Andreenzo
you get the same value? I get a lower 1.2664.
At Dukascopy it is 1.26678 (Ask).
  • #644,462
  • May 17, 2012 5:19pm May 17, 2012 5:19pm
Quoting Andreenzo
you get the same value? I get a lower 1.2664.
im on Oanda and the low is 1.26655
  • #644,463
  • May 17, 2012 5:21pm May 17, 2012 5:21pm
I get 1.26666 and the previous at 1.26669
  • #644,464
  • May 17, 2012 5:22pm May 17, 2012 5:22pm
Quoting beyon
I agree. These days natural language processing algorithms and software is state of the art.
So I guess they combined "downgrade"+"spain"+"bank" for this spike.
But why did it come back so fast then?
Maybe activated buy limit pending orders
  • #644,465
  • May 17, 2012 5:23pm May 17, 2012 5:23pm
Quoting beyon
I agree. These days natural language processing algorithms and software is state of the art.
So I guess they combined "downgrade"+"spain"+"bank" for this spike.
But why did it come back so fast then?
Bulls defending support at 1.268ish
Attached Image (click to enlarge)
Click to Enlarge Name: eur dailyj 7.gif Size: 17 KB
  • #644,466
  • May 17, 2012 5:24pm May 17, 2012 5:24pm
1.26661 @ admiral markets
  • #644,467
  • May 17, 2012 5:28pm May 17, 2012 5:28pm
let's see if previous 2688 support, becomes resistance.
  • #644,468
  • May 17, 2012 6:23pm May 17, 2012 6:23pm
Quoting HDA
Traders

Good Morning

DO NOT LISTEN TO Kuroro001

Sell all rallies


Respectfully,
HDA
Hey Bro

I agree about selling rallies but disagree about not listen to Kuroro, he is right this support must be given due respect, there are buyers around eu 2684 and seller around swissy 9470, this is battle zone, very important battle zone,
my advice forget smaller timeframes and go 4hr and daily for sign of who is win this battle, rr is long eu and short swissy, however, it is a bear train that has arrived this level, 60/40 to bear, fundies 60/40 bear, tech strong support, 60/40 bull, so although bear is slight favourite, suggest unless you have excellent mm, is better stand aside, ping pong here will kill most stops,
Again if this support breaks, bear train continue, quickly, if support holds, will take time to build bottom, ping pong crap, then pa will rally, this levels is gun slinger territory beware
If you are new to Forex? Say Goodbye to your account!!
  • #644,469
  • May 17, 2012 6:37pm May 17, 2012 6:37pm
Quoting KiwiTrada
Hey Bro

I agree about selling rallies but disagree about not listen to Kuroro, he is right this support must be given due respect, there are buyers around eu 2684 and seller around swissy 9470, this is battle zone, very important battle zone,
my advice forget smaller timeframes and go 4hr and daily for sign of who is win this battle, rr is long eu and short swissy, however, it is a bear train that has arrived this level, 60/40 to bear, fundies 60/40 bear, tech strong support, 60/40 bull, so although bear is slight favourite, suggest unless...
swissy resist extended to 9480 EU support 2666
If you are new to Forex? Say Goodbye to your account!!
  • #644,470
  • May 17, 2012 6:51pm May 17, 2012 6:51pm
i miss the momment of bearish when i slept..
  • #644,471
  • May 17, 2012 7:30pm May 17, 2012 7:30pm
Quoting Sarvegus
i miss the momment of bearish when i slept..
IT IS STILL BEARESH
If you are new to Forex? Say Goodbye to your account!!
  • #644,472
  • May 17, 2012 7:35pm May 17, 2012 7:35pm
Quoting KiwiTrada
IT IS STILL BEARESH
aussie has felled of cliff and look like kiwi going to follow her
If you are new to Forex? Say Goodbye to your account!!
  • #644,473
  • May 17, 2012 7:36pm May 17, 2012 7:36pm
Quoting KiwiTrada
aussie has felled of cliff and look like kiwi going to follow her
what have happened to aussie bro??

edit: ASX under pressure I think
Patience, Emotion Control and Discipline.
  • #644,474
  • May 17, 2012 7:42pm May 17, 2012 7:42pm
Quoting KiwiTrada
aussie has felled of cliff and look like kiwi going to follow her
is crunch time aussie, if bull not make her move poor old aussie
If you are new to Forex? Say Goodbye to your account!!
  • #644,475
  • May 17, 2012 7:43pm May 17, 2012 7:43pm
Still in down channel. Bulls hit 100MA ON 5min without follow through, bounced of bollinger bands 20 as well.

If it does bounce higher,

sell at 1.2720 - 1.2750,
TP 1.2620 or 1.2670
  • #644,476
  • May 17, 2012 7:46pm May 17, 2012 7:46pm
Quoting KiwiTrada
is crunch time aussie, if bull not make her move poor old aussie
We are at the lows now. Looks like bulls are trying, but it wont last im sure
An opportunity lost is not a capital cost.
  • #644,477
  • May 17, 2012 7:47pm May 17, 2012 7:47pm
EUR pairs inching upwards
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurgbp15.gif Size: 15 KB
Click to Enlarge Name: eur dailyj 15.gif Size: 17 KB
  • #644,478
  • May 17, 2012 7:53pm May 17, 2012 7:53pm
Quoting BFSGcapital
We are at the lows now. Looks like bulls are trying, but it wont last im sure
need to be patient her, 9860 is daily MOFU, if her go, I havnt even contemplated next level is lot s fresh air

Bulls need gather thier herd, they not want to lose this level
If you are new to Forex? Say Goodbye to your account!!
  • #644,479
  • May 17, 2012 7:56pm May 17, 2012 7:56pm
Quoting KiwiTrada
IT IS STILL BEARESH
if we look on the daily chart, we can see that the bearish trend is starting to fade. I no longer short until more bad news. I might buy EURUSD at 1.2625, but if nothing happen, we might get a ranging market
Alternatives are more important than the plan itself
  • #644,480
  • Edited 8:10pm May 17, 2012 7:56pm | Edited 8:10pm
Quoting KiwiTrada
need to be patient her, 9860 is daily MOFU, if her go, I havnt even contemplated next level is lot s fresh air

Bulls need gather thier herd, they not want to lose this level
my bull wake up today , i don't when and where may be late london


kiwi , what is the long trem target for cable , 5620 or 5300 ?
edit 2 : Aussie what level you are looking @ 9853 or 50 (new low as per my broker 52.4)
Mohan
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