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  • #737,801
  • Dec 21, 2012 8:54am Dec 21, 2012 8:54am
Quoting John Gray
1.32 range is gone.

watch news, 2 minutes
Closed half @1.3175 rest running TP 1.3130 or stop BE @1.3190... No need for a hunky donkey... It has been a fantastic day/week/year so far...
  • #737,802
  • Dec 21, 2012 9:01am Dec 21, 2012 9:01am
Quoting fxnav
3172.


Of course as it has always been for decades, bad news in the US sends the dollar up, flight to safety. This is something I have been going on about yesterday a bit with Kenny here, but he had no clue and I tried my darnest to set him straight.

Kenny will probably still not get it, but I sincerely hope that some of his followers will see the error of his ways and ignore what he posts when it comes to fundamentals and basic money flows.


Enjoy your Christmas everyone, yes including Kenny, and keep an eye on the news, 3172 is the line...

This 3172 and the correction here is only of the daily and H4, the weekly and monthly are still looking for higher, but that can't happen until we have some good news out of the US that will send the dollar down again, so don't take this level as a trigger for longer term shorts, this is just a news driven retrace so trade accordingly.

And with that titbit of info, I will leave you to your trades and wish you all a very mery Christmas.
The great majority are rarely capable of thinking independently.
  • #737,803
  • Dec 21, 2012 9:07am Dec 21, 2012 9:07am
Quoting Jay Walker
The pair has gone down. But is it far enough down to go short?

Not for me.

Attachment

According to the doomsday scenario, I'm supposed to be dead today. For me to be short, this pair would have to go below .3039. I believe both scenarios are just as likely.
Let see what Boehner does today ...
Attached Image (click to enlarge)
Click to Enlarge Name: 2112121500.JPG Size: 81 KB
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #737,804
  • Dec 21, 2012 9:12am Dec 21, 2012 9:12am
just retrace n give me a chance to sell...
  • #737,805
  • Dec 21, 2012 9:12am Dec 21, 2012 9:12am
Quoting Avir
Let see what Boehner does today ...
get a textbox..
Even the worst trade can close with profit. Just give it time.
  • #737,806
  • Dec 21, 2012 9:13am Dec 21, 2012 9:13am
Quoting fxnav
This 3172 and the correction here is only of the daily and H4, the weekly and monthly are still looking for higher, but that can't happen until we have some good news out of the US that will send the dollar down again, so don't take this level as a trigger for longer term shorts, this is just a news driven retrace so trade accordingly.

And with that titbit of info, I will leave you to your trades and wish you all a very mery Christmas.
Merry Christmas Sir
If there was easy money lying around,no one would be forcing it into your
  • #737,807
  • Dec 21, 2012 9:14am Dec 21, 2012 9:14am
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  • #737,808
  • Dec 21, 2012 9:17am Dec 21, 2012 9:17am
someone kindly tell me when Boehner is having a press statement, in GMT please, much appreciatiated.
  • #737,809
  • Dec 21, 2012 9:17am Dec 21, 2012 9:17am
Quoting John Gray
get a textbox..
Cant do it with this particular broker, and the internet connection at where i am right now is a pisser tnx
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #737,810
  • Dec 21, 2012 9:18am Dec 21, 2012 9:18am
Quoting wambua
someone kindly tell me when Boehner is having a press statement, in GMT please, much appreciatiated.
He just finished
  • #737,811
  • Dec 21, 2012 9:20am Dec 21, 2012 9:20am
Quoting Avir
Let see what Boehner does today ...
ye, that consolidated zone before breakout to 1.3300, will be an obstacle for the bear. they need to clear all of that zone before going down easier.
  • #737,812
  • Dec 21, 2012 9:23am Dec 21, 2012 9:23am
Quoting wambua
someone kindly tell me when Boehner is having a press statement, in GMT please, much appreciatiated.
Just keep an eye on

http://www.c-span.org/
  • #737,813
  • Dec 21, 2012 9:23am Dec 21, 2012 9:23am
Quoting KillerWhale

You can just tell me what you don't like and I'll give you an answer.
I mean I always thought that's the way human interaction works
New voice message: Why are you calling me? If I need you, I'll call you!
  • #737,814
  • Dec 21, 2012 9:23am Dec 21, 2012 9:23am
Quoting KillerWhale
I mean I always thought that's the way human interaction works
But who knows................ maybe I'm dead wrong
New voice message: Why are you calling me? If I need you, I'll call you!
  • #737,815
  • Dec 21, 2012 9:24am Dec 21, 2012 9:24am
Buyers are waiting at 1.3125
  • #737,816
  • Dec 21, 2012 9:25am Dec 21, 2012 9:25am
Quoting math_GB
Give it max 30 mins...
wait
still nothing is decided
The Phoenix Trader....
  • #737,817
  • Dec 21, 2012 9:31am Dec 21, 2012 9:31am
Quoting 5percent
ye, that consolidated zone before breakout to 1.3300, will be an obstacle for the bear. they need to clear all of that zone before going down easier.
we go up from here see the new channel beautifully formed after break of previous one

4 HRS chart eur usd
Attached Image (click to enlarge)
Click to Enlarge Name: untitledfasfasf.JPG Size: 60 KB
  • #737,818
  • Dec 21, 2012 9:33am Dec 21, 2012 9:33am
I will just advise every one to be careful with shorts
The Phoenix Trader....
  • #737,819
  • Dec 21, 2012 9:34am Dec 21, 2012 9:34am
Quoting Afarensis
Buyers are waiting at 1.3125
level of 1.3165/75 has to be convincly broken
The Phoenix Trader....
  • #737,820
  • Dec 21, 2012 9:35am Dec 21, 2012 9:35am
Quoting sunilpawar
I will just advise every one to be careful with shorts
The bears got quiet in here.
Time turns trend. - W.D. Gann
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