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  • #651,161
  • Jun 4, 2012 8:44am Jun 4, 2012 8:44am
Price facing resistance at 1.24951. Awaiting for go sign to short when price falls back to 1.24570.

Check out my analysis here: http://emppuedge.blogspot.sg/2012/06...june-2012.html

Cheers
  • #651,162
  • Jun 4, 2012 8:44am Jun 4, 2012 8:44am
Thanks everyone for driving this up - I'll be toasting all of you when we get down to 1.18
  • #651,163
  • Jun 4, 2012 8:44am Jun 4, 2012 8:44am
Quoting BFSGcapital
Short covering makes me sick. Because you can't buy the momentum, (well you can but i never do, its risky), so unless you get in near the bottom, good luck getting in at all.

And then t here is no scalping whatsoever. Just straight up.

Targetting 1.25 and then probably going to have a big pull back.

Rarely get to see a market this exhausted with no news. And we are at the top of the channel from 1.328 now.
this was short covering i guess. if we hit 1.2510 today it will negate my opinion.
  • #651,164
  • Jun 4, 2012 8:44am Jun 4, 2012 8:44am
Quoting Esssex
Can't be. ECB is not allowed to trade the currency, if you look at the right place, you will see that people are moving their money into Europe. Especially countries like Spain and Italy.

Side note I am at BE+1 so let's see how far this train travels and whether it can reach my destination
Closed at +14, not really sure of the 200SMA encounter. Seems like a bright move.
Please, just slap me around if I'm being silly ...
  • #651,165
  • Jun 4, 2012 8:45am Jun 4, 2012 8:45am
Quoting rattyo
foolish person. Bull train LoL
For me it have to convince me if it breaks the 4h trend line than I will belive that bulll has taken over the bear trend
  • #651,166
  • Jun 4, 2012 8:45am Jun 4, 2012 8:45am
Quoting rattyo
foolish person. Bull train LoL
Scammer ignored. Still remember your shit when you were trying to mislead people.
  • #651,167
  • Jun 4, 2012 8:46am Jun 4, 2012 8:46am
Quoting rattyo
foolish person. Bull train LoL
i am still laughing at ur comment.
  • #651,168
  • Jun 4, 2012 8:46am Jun 4, 2012 8:46am
Quoting daemon_delux
Closed at +14, not really sure of the 200SMA encounter. Seems like a bright move.
I booked in as well. If it goes beyond 00 then I may consider again.
  • #651,169
  • Jun 4, 2012 8:47am Jun 4, 2012 8:47am
Quoting Esssex
Can't be. ECB is not allowed to trade the currency, if you look at the right place, you will see that people are moving their money into Europe. Especially countries like Spain and Italy.

Side note I am at BE+1 so let's see how far this train travels and whether it can reach my destination
That's why I have you to share your knowledge with me - thanks for explaining. 85 might end this or fool bears for a few. 12 minutes to next H1 bar
swing it!
  • #651,170
  • Jun 4, 2012 8:47am Jun 4, 2012 8:47am
R1 pushed it down
Sometimes it's better to be wrong,to learn..
  • #651,171
  • Jun 4, 2012 8:48am Jun 4, 2012 8:48am
no more pushing upwards? or is it a retracement?
  • #651,172
  • Jun 4, 2012 8:49am Jun 4, 2012 8:49am
Quoting ThirdMan
For me it have to convince me if it breaks the 4h trend line than I will belive that bulll has taken over the bear trend
yes a clean break of around 12510. Then drive up to 12550 then nice pullback to 12450 and of back upto 130

nothing like that at the moment for EssexBullTrain
rat
  • #651,173
  • Jun 4, 2012 8:49am Jun 4, 2012 8:49am
A lot of people in here are looking at other markets to trade the markets they want......LOL!!! All you need to do is look at the market you want to trade and trade that. For ex. don't look at the DOW to trade the EURO.....LOL!!! just look at the Euro to trade the Euro.....
  • #651,174
  • Jun 4, 2012 8:49am Jun 4, 2012 8:49am
Quoting Esssex
I booked in as well. If it goes beyond 00 then I may consider again.
WE think too much alike.
Please, just slap me around if I'm being silly ...
  • #651,175
  • Jun 4, 2012 8:49am Jun 4, 2012 8:49am
Quoting tomspin
That's why I have you to share your knowledge with me - thanks for explaining. 85 might end this or fool bears for a few. 12 minutes to next H1 bar
i don't think it is trrend reversal by any means and for me it is high till draghi comes on wednesday. probably it may have one more go at 1.2520 but thats about it.

the move from 1.2470 to 1.2498 was short covering and I am damm convinced about it.
  • #651,176
  • Jun 4, 2012 8:50am Jun 4, 2012 8:50am
Quoting tomspin
That's why I have you to share your knowledge with me - thanks for explaining. 85 might end this or fool bears for a few. 12 minutes to next H1 bar
you believe in up move in next h1?
Sometimes it's better to be wrong,to learn..
  • #651,177
  • Jun 4, 2012 8:50am Jun 4, 2012 8:50am
we gonna see , 2nd edition apollo .
  • #651,178
  • Jun 4, 2012 8:51am Jun 4, 2012 8:51am
Quoting AmeriTrini
A lot of people in here are looking at other markets to trade the markets they want......LOL!!! All you need to do is look at the market you want to trade and trade that. For ex. don't look at the DOW to trade the EURO.....LOL!!! just look at the Euro to trade the Euro.....
That is really silly to say for a guy with 10 V.......
swing it!
  • #651,179
  • Jun 4, 2012 8:52am Jun 4, 2012 8:52am
The feds have stepped in.
  • #651,180
  • Jun 4, 2012 8:52am Jun 4, 2012 8:52am
Quoting tomspin
That is really silly to say for a guy with 10 V.......

i think he is right tom. if you look at the s&p on friday it was down and euro was up.
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