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EURUSD

  • #716,681
  • Nov 11, 2012 5:28am Nov 11, 2012 5:28am
Quoting Bones
Did you concider what the weekly would look like to go to 1.2800 this week ? before lower

I mean we just broke that number
I'd think twice before going long already.
We broke important supports last week.
They tend to become resistance.

Equity markets are also below support turned resistance.
Fiscal cliff is getting closer.

We might see an acceleration of the down trend.
Attached Image (click to enlarge)
Click to Enlarge Name: eu 1 hr 11-11-12.gif Size: 26 KB
New voice message: Why are you calling me? If I need you, I'll call you!
  • #716,682
  • Nov 11, 2012 5:31am Nov 11, 2012 5:31am
Quoting KillerWhale
I'd think twice before going long already.
We broke important supports last week.
They tend to become resistance.

Equity markets are also below support turned resistance.
Fiscal cliff is getting closer.

We might see an acceleration of the down trend.
If we get a bounce I won't go long, I'll just wait to short at a better place.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #716,683
  • Edited 5:51am Nov 11, 2012 5:31am | Edited 5:51am
I think you think that last Q is bullish ,lol

whats its name ?


Quoting iqyu5an
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #716,684
  • Nov 11, 2012 6:02am Nov 11, 2012 6:02am
Attached Image (click to enlarge)
Click to Enlarge Name: eur usd quarterly 11-11-12.png Size: 29 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #716,685
  • Nov 11, 2012 6:53am Nov 11, 2012 6:53am
Quoting Vachus
Its not over yet, they will be meeting again on Tuesday to try to reach an agreement ...
Yup, I knew it. To be Continued...

I think... A lot possibilities, the Final agreement will take place at the third Meeting

The first, each Member give priority own interests and own advantages.
The second, seeking the Best solution with Council members of ECB.
The third, determines of Final Decisions for the common Good.
Always looking the GREAT, never left GOOD Point...
  • #716,686
  • Nov 11, 2012 7:18am Nov 11, 2012 7:18am
Quoting Bones
I put a couple of major tls on
Sure, drop down keep going
  • #716,687
  • Nov 11, 2012 7:25am Nov 11, 2012 7:25am
Quoting Bones
Trip the EUR Fantastic!

Here some Major Trend Lines for you Bones...

Break out to the downside out of Symmetrical Triangle built hard up against a down sloping Primary Trend Line.
Attached Image (click to enlarge)
Click to Enlarge Name: eur fantastic.gif Size: 10 KB
  • #716,688
  • Nov 11, 2012 8:15am Nov 11, 2012 8:15am
Yea Tod I think so ,anyway maybe push up a bit ,not 1.2800 ,I dont think so


Quoting todstars2
Trip the EUR Fantastic!

Here some Major Trend Lines for you Bones...

Break out to the downside out of Symmetrical Triangle built hard up against a down sloping Primary Trend Line.
Attached Image (click to enlarge)
Click to Enlarge Name: eur usd d1 11-11-12 plan.png Size: 35 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #716,689
  • Nov 11, 2012 8:56am Nov 11, 2012 8:56am
Attached Image (click to enlarge)
Click to Enlarge Name: eu111112.gif Size: 26 KB


whatever you do, play safe at these levels. and do not forget the September 12, 2010
I am more interested in daily and weekly. I do not hold trades for months, so monthly chart is out of my interest.
As Above, So Below
  • #716,690
  • Nov 11, 2012 9:02am Nov 11, 2012 9:02am
Are you from Tashkent?
Quoting tashkent
Attachment

whatever you do, play safe at these levels. and do not forget the September 12, 2010
I am more interested in daily and weekly. I do not hold trades for months, so monthly chart is out of my interest.
  • #716,691
  • Nov 11, 2012 9:27am Nov 11, 2012 9:27am
right ,this is the problem with retail traders actually ,

Quoting tashkent
Attachment

whatever you do, play safe at these levels. and do not forget the September 12, 2010
I am more interested in daily and weekly. I do not hold trades for months, so monthly chart is out of my interest.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #716,692
  • Nov 11, 2012 10:08am Nov 11, 2012 10:08am
Quoting baron193
Good sensible points being made here, it is refreshing to read posts like the one above, more so if you are a position or swing trader.
Trades technical moves enforced by fundamentals
  • #716,693
  • Nov 11, 2012 10:09am Nov 11, 2012 10:09am
Quoting Vachus
Long way to go doesn't mean that Euro will keep plunging , people now are selling first and asking question later - So, they assume the worst and move their money to heaven currencies. But, and this the nature of any markets once they realize that a greater opportunity is maybe on the other side of trade , the magic will happen...

Besides, why buying Euros at 1.31 on presumed scenario that it can reach 1.36, when you can take it from low levels as 1.26/1.25/1.24/1.20 - these is almost 80% return - and a guaranteed push up will secure at least...
Trades technical moves enforced by fundamentals
  • #716,694
  • Nov 11, 2012 10:25am Nov 11, 2012 10:25am
http://forexmagnates.com/q3-2012-us-...fx-pro-on-top/
  • #716,695
  • Nov 11, 2012 10:25am Nov 11, 2012 10:25am
Been short this past few weeks. Up a nice 700 pips
  • #716,696
  • Nov 11, 2012 12:21pm Nov 11, 2012 12:21pm
  •  tonus.FX
  • | Joined Oct 2012 | Status: Forex Trainer for Beginners - Free | 8 Posts
http://www.reuters.com/article/2012/...8A80WV20121111

Republicans say deal can be done on "fiscal cliff"
  • #716,697
  • Nov 11, 2012 12:24pm Nov 11, 2012 12:24pm
Quoting big_pipin
Been short this past few weeks. Up a nice 700 pips
What's your point? Post ur thinking not your gloating or else u will be down 700 next time
  • #716,698
  • Nov 11, 2012 12:30pm Nov 11, 2012 12:30pm
Quoting big_pipin
Been short this past few weeks. Up a nice 700 pips
good for you.
make sure you locked your profit.
As Above, So Below
  • #716,699
  • Nov 11, 2012 12:44pm Nov 11, 2012 12:44pm
Just returned to megapolis from my country cottage. Reconstruction done.Crop gathered.No losses.All save and sound
  • #716,700
  • Nov 11, 2012 12:50pm Nov 11, 2012 12:50pm
Quoting Tsar
Yup, I knew it. To be Continued...

I think... A lot possibilities, the Final agreement will take place at the third Meeting

The first, each Member give priority own interests and own advantages.
The second, seeking the Best solution with Council members of ECB.
The third, determines of Final Decisions for the common Good.
Tsar , you know why Britain is objecting to the new budget and the extra money ? And how come Germany itself is objecting the increase , at the same time trying to convince Britain not to use the veto ... i tried to understand the situation and get a conclusion out of it , unfortunately i couldn't !

What's the catch there , i don't really get it ?!
"It's the Margin, Stupid."
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