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EURUSD

  • #652,941
  • Jun 6, 2012 1:23pm Jun 6, 2012 1:23pm
Issuing Q3 positive or negative news for obama for november election?
  • #652,942
  • Jun 6, 2012 1:36pm Jun 6, 2012 1:36pm
Quote
Issuing Q3 positive or negative news for obama for november election?

Negative. Q3 means incurred debt and bailouts that are contrary to conservative republican ideas have not been successful. Economy is the main focus of the election.
Why go long...When you can go short!
  • #652,943
  • Jun 6, 2012 1:46pm Jun 6, 2012 1:46pm
Does anybody got the same thing on Gold???

http://s13.postimage.org/7b8dkx97r/gold.gif
free image hosting
swing it!
  • #652,944
  • Jun 6, 2012 2:02pm Jun 6, 2012 2:02pm
Quoting tomspin
Does anybody got the same thing on Gold???

http://s13.postimage.org/7b8dkx97r/gold.gif
free image hosting
FGOLD ? What does that stand for ? Fool's gold ?
  • #652,945
  • Jun 6, 2012 2:04pm Jun 6, 2012 2:04pm
Quoting tomspin
Does anybody got the same thing on Gold???

http://s13.postimage.org/7b8dkx97r/gold.gif
free image hosting

I still see gold bullish, we might see another test of 1640 and then from there will be able to tell the actual trend
  • #652,946
  • Jun 6, 2012 2:05pm Jun 6, 2012 2:05pm
Quoting tomspin
Does anybody got the same thing on Gold???

http://s13.postimage.org/7b8dkx97r/gold.gif
free image hosting
pretty much the same over here..
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDM15.jpg Size: 79 KB
  • #652,947
  • Jun 6, 2012 2:07pm Jun 6, 2012 2:07pm
Quoting tomspin
Does anybody got the same thing on Gold???

http://s13.postimage.org/7b8dkx97r/gold.gif
free image hosting
yes, wished i was able to trade gold with leverage. would have shorted the lights out of it today. seeing all the toppings and not able to do anything is painful.
  • #652,948
  • Jun 6, 2012 2:42pm Jun 6, 2012 2:42pm
Quoting pkimnyc
yes, wished i was able to trade gold with leverage. would have shorted the lights out of it today. seeing all the toppings and not able to do anything is painful.
I meant those ridiculous PA 4 lines next to each other, used to seen them on M5 wonder whats that says about my broker data feed.
Btw
F stands for FUTURES I've got like
Fgold
Foil
Frice
FSoyabean etc.
swing it!
  • #652,949
  • Jun 6, 2012 2:58pm Jun 6, 2012 2:58pm
Quoting Doomfor
Is there a possibility that the trend has changed, or this is just another phase?
little further to go before you could call it a trend change

more of a reaction
  • #652,950
  • Jun 6, 2012 3:01pm Jun 6, 2012 3:01pm
Could this be a head and shoulder forming. Hope so you can see my shorts.

http://webpages.charter.net/Nazzcus/h&s.bmp
Why go long...When you can go short!
  • #652,951
  • Jun 6, 2012 3:25pm Jun 6, 2012 3:25pm
Quoting Nazzcus
Could this be a head and shoulder forming. Hope so you can see my shorts.

http://webpages.charter.net/Nazzcus/h&s.bmp
Hi,

be carefull to short this market. Actually market is looking to 1.262x or even more.


forexBOOM
  • #652,952
  • Jun 6, 2012 3:25pm Jun 6, 2012 3:25pm
Quoting Nazzcus
Could this be a head and shoulder forming. Hope so you can see my shorts.
you know , I was looking for a short scalp and saw this but didn't take it - would normally be pretty good , but after PA like today -- it's not worth it , it's not reliable - the move up is too strong. You just got to wait it out if you are not already in a long ( I'm talking relatively short term with stops less than 50 pips or so )
Attached Image (click to enlarge)
Click to Enlarge Name: give.jpg Size: 93 KB
  • #652,953
  • Jun 6, 2012 3:32pm Jun 6, 2012 3:32pm
Hi, Im looking on 1H and I think that 1,2606 will be max..now I have S on 77 and second S on 82..TP - 56...
  • #652,954
  • Jun 6, 2012 3:36pm Jun 6, 2012 3:36pm
The pair has created a new HIGH in H4 timeframe...so it means that something is changing in the market...and i have longed this pair when the resistence was broken...and targeting 2790-2800 ish...
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 26 KB
Imagination rules the world ...
Selym Hyll Return This Year: na
  • #652,955
  • Jun 6, 2012 3:55pm Jun 6, 2012 3:55pm
Quoting selym_co
The pair has created a new HIGH in H4 timeframe...so it means that something is changing in the market...and i have longed this pair when the resistence was broken...and targeting 2790-2800 ish...
Could very well be Selym, I will watch it closely although I am more like bearish on this one, that monthly pivot might be just too close for me...

http://i1064.photobucket.com/albums/...2-06-06-01.gif
  • #652,956
  • Jun 6, 2012 3:59pm Jun 6, 2012 3:59pm
Although I had a long trade for the Euro on the London session for the 5 minutes, it may depend on time frame I think...

http://3.bp.blogspot.com/-U-KlX2VfuR...06-06+-+01.gif
  • #652,957
  • Jun 6, 2012 4:12pm Jun 6, 2012 4:12pm
Quoting selym_co
The pair has created a new HIGH in H4 timeframe...so it means that something is changing in the market...and i have longed this pair when the resistence was broken...and targeting 2790-2800 ish...
becareful agreed is new high, but could also be forming skewed double top

still dont believe is any need rush longing yet possibly is in process of sideways for bit to form inverted right shoulder, may wiser to find range of shoulders and scalp long the bottom of range, I am try scalping the top this range
If you are new to Forex? Say Goodbye to your account!!
  • #652,958
  • Jun 6, 2012 4:52pm Jun 6, 2012 4:52pm
Quoting KiwiTrada
becareful agreed is new high, but could also be forming skewed double top

still dont believe is any need rush longing yet possibly is in process of sideways for bit to form inverted right shoulder, may wiser to find range of shoulders and scalp long the bottom of range, I am try scalping the top this range
There is always a risk of failure....in case ı am wrong SL works...so i dont think that i shud stay back and watch the others earning money
Imagination rules the world ...
Selym Hyll Return This Year: na
  • #652,959
  • Jun 6, 2012 5:26pm Jun 6, 2012 5:26pm
Quoting Goldflake
Yes. Now it is very safe to buy @ 1.2330 rather than short. Give it a week time. It will pay nicely.
Quoting Goldflake
Just look at DAX yesterday closing. anyway, i got buy entry with my strategy. I'm just sharing my entry here. Should retrace safely till 1.26 zone.
booked now.. may not test dat 1.26 level...
When Scalpers win, I lose and Vice varsa...
  • #652,960
  • Jun 6, 2012 5:31pm Jun 6, 2012 5:31pm
Fed Must Be Ready: Williams

Yellen Argues for More Fed Easing, Cites Europe Risk

Quote
Yellen's views carry great weight with Fed Chairman Ben Bernanke, and her comments suggest the Fed may be close to taking more easing steps this month in response to ongoing housing problems, a weak jobs market and the escalating euro zone crisis.
I think the scene is set for risk on so Euro, Aussie, gold, FTSE, SPX all should rise.


Ben speaking tomorrow so markets may fly high at least until then. all the ground work made for him to indicate tomorrow that Fed will print in some way or other.


Seems last week's drama was just to create an excuse for these guys to print.



Suddenly Germany also seem to be ok to fund bankrupt Spanish banks without bailout restrictions.


Who cares what rating agencies say these days anyway. Last week they downgraded UK rating - since then GBP and FTSE both have been rallying.


After all this is an election year and incumbents can't take any risks. They'll do whatever to float risk rally higher until the US elections. We may get dips and volatility on the way. But that will be used as an excuse for more Central Bank interventions.
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