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EURUSD

  • #649,061
  • May 29, 2012 8:49am May 29, 2012 8:49am
Bulls will defend 2470 lvl...
  • #649,062
  • May 29, 2012 8:50am May 29, 2012 8:50am
Did you people see candlestick on gold went short 2000 pips whoa!
  • #649,063
  • May 29, 2012 8:50am May 29, 2012 8:50am
Quoting grashid
yup..very very long time tho..the rest am not sure..some of them already have their own team...mine=lone ranger

ok bro talk later..2012 1st acc just close with gold. 2nd acc just on. 3rd acc for Eu waiting for phase 1 3rd target at 1.2450..then my phase 2...1.1850

enjoy your trade bro
spot on bro..the 1.1xxarea is a shore bet..am personnally nursing a long time short from 1.26area towards that region,just like the g/j crash back in the days..cheers bro..
Imanuel Parsifal
  • #649,064
  • May 29, 2012 8:51am May 29, 2012 8:51am
Got my 1.2500
  • #649,065
  • May 29, 2012 8:52am May 29, 2012 8:52am
Missed my short entry, time to see if 73 will go.
  • #649,066
  • May 29, 2012 8:52am May 29, 2012 8:52am
Quoting sidhujag
ur welcome where did u get in
I didn't feck me sideways I did not mate, but I knew you post gold stuff quite often so I asked.
Now Ive got a "gold head" to follow.
Thanks

I see nearest support at 1550,84/85
swing it!
  • #649,067
  • May 29, 2012 8:52am May 29, 2012 8:52am
Quoting ultra_knight
Bulls will defend 2470 lvl...
i can only say lol at this... just broken a level thats held for this week..
  • #649,068
  • May 29, 2012 8:52am May 29, 2012 8:52am
Quoting tomspin
It was shooting star wow can't believe now it was so obvious. amazing drop
And just 1 candle back on EU at M15 it was clearly a valid channel break (and previous low), I don't think taking long now is a wise decision. Currently for long the room for target is only about 10 pips away.
  • #649,069
  • May 29, 2012 8:52am May 29, 2012 8:52am
an hrly close below 1.24819area and i will double my short holdings..cheers
Imanuel Parsifal
  • #649,070
  • May 29, 2012 8:54am May 29, 2012 8:54am
Quoting marbellafx
Well done !
I applaud you for prasing some a**hole when you are down. your greens will come.
  • #649,071
  • May 29, 2012 8:56am May 29, 2012 8:56am
Quoting tightscalper
i can only say lol at this... just broken a level thats held for this week..
This 2470 is an yearly support... it just cannot crack... its a rock..

Watch the rebound now !!
  • #649,072
  • May 29, 2012 8:57am May 29, 2012 8:57am
Quoting Passerby
And just 1 candle back on EU at M15 it was clearly a valid channel break (and previous low), I don't think taking long now is a wise decision. Currently for long the room for target is only about 10 pips away.
Classic RR situation to deal with. Still you will find heads who wanna go against the current,
I will write one thing as I am chartist and candle freak - 1,1865 is a bottom for this year.
swing it!
  • #649,073
  • May 29, 2012 9:01am May 29, 2012 9:01am
Quoting sidhujag
ur welcome where did u get in
I was short in this area from top red candle next to that green doji when I asked but closed that short last night at 75,40

http://s13.postimage.org/6q5d1udlz/gold.gif
free picture hosting
swing it!
  • #649,074
  • May 29, 2012 9:02am May 29, 2012 9:02am
well looks like e/u is gonna be making lots of headlines today..cheers
Imanuel Parsifal
  • #649,075
  • May 29, 2012 9:03am May 29, 2012 9:03am
Quoting tomspin
Classic RR situation to deal with. Still you will find heads who wanna go against the current,
I will write one thing as I am chartist and candle freak - 1,1865 is a bottom for this year.
They all just want to be the next big contrarian investor but they don't have sufficient analysis to support their decisions besides the usual, "Oversold".

I wonder if sycho had access to billions of capital. The moment I said the Dollar was weakening, it reversed and shot up paring all negative loss.
  • #649,076
  • May 29, 2012 9:05am May 29, 2012 9:05am
looks like we might get some refueling towards s1 1.25017..where am looking to add more shorts...cheers
Imanuel Parsifal
  • #649,077
  • May 29, 2012 9:05am May 29, 2012 9:05am
Now lets evaluate,

This down move is fueled by below expectation of US consumer confidence survey. While some thinking that just a survey, it reflect the expectation of US resident. It a leading indicator because what majority ppl think about the future will be what we get. When ppl think that economy will retract they will anticipate that expectation by adjusting their spending or allocating their money on saving. To some extend they also will reduce their position in risky assets. Because majority off ppl doing that, actually expectation became reality.

The weakness on US economy that expected is a benchmark that the whole economic condition in not so distant future. History has told us that many use USD as a save haven. That is why EU is going down, because more ppl buying USD.

Now if we get back to the topic, we got an early warning that there is a possibility that fibre is going south (that's the rejection I mentioned in my previous post). We also got pool of analyst prediction that will be challenged by the outcome of the data(this could be considered fundamental side). Maybe if your communication is close to the news release you will be getting an early warning, but most of us not. This is just an example why I gave up on fundamentals and going to the technical side.
  • #649,078
  • May 29, 2012 9:08am May 29, 2012 9:08am
Quoting ultra_knight
This 2470 is an yearly support... it just cannot crack... its a rock..

Watch the rebound now !!
i really dont think you guys are reading the fundamentals everywhere else is going good except eur. usa is coming good. its a unique situation not something that has been seen for quite some time. sometimes the history is only a bump in a road on the way down the hill
  • #649,079
  • May 29, 2012 9:09am May 29, 2012 9:09am
Quoting tomspin
I didn't feck me sideways I did not mate, but I knew you post gold stuff quite often so I asked.
Now Ive got a "gold head" to follow.
Thanks

I see nearest support at 1550,84/85
lol i knew it
  • #649,080
  • May 29, 2012 9:10am May 29, 2012 9:10am
looking for a deadcat u can bet asians and will be pissed gold hit 2 sets of big stops
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