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im considering EUR/USD here but i have a feeling its gonna end w/ me just being pissed i fought the trend...
yea ..
had stops all over 7475 ..
only went down to 7480 ..
once at 75 .. twice at 80 ..
hope it won't try to hit stops again but then who knows ..
eom
good support .7470/75, those export #'s prob had something to do with weaker AUD over the last 4 months though...
betting on aud for bottom ..
http://au.biz.yahoo.com/050704/19/56y4.html
Lord help me ..
:)
eom
EUR/USD trades down to 1.2020 then bounces all the way to 1.2010 but cant break the important 1.2020 level
the way i see it
"if" this can break through 2030 with force
it will hit a new low ..
but then what do i know ..
eom
ha, too many wedges i guess...
hmm ..
i was referring to the rising wedge that began with rise to 2110 from 2010 yesterday ..
guess u r talking about the daily wedge ..
anyway we just got first support at 2048 ..
still holding short ..
thx ..
eom
correct, a big descending wedge from end of May forming with trendline support ~ 1.2020 as well as an intraday wedge with support ~ 1.2080 that just broke down , under that I see shorterm support ~ 1.2045 ... right now the pair looks like it has a downward bias but the 1.20 figure and above should have a strong bid...
to the upside 1.2120 looks like a pivot, strong resistance and would confirm a break of the wedge if traded thru...
jon ..
what u think about eur right now ?
it's at an apex with absolutely no vol ..
looks like its gonna shoot one way or the other soon ..
eom
dawg ..
doesn't eu look like it's going thru an ascending wedge (bearish)?
don't know if these patterns apply to 4x ..
lots of head n shoulders totally get ignored ..
eom
"knew" that was too easy ..
it's gonna take a little longer ..
eom
eu/gbp going down ..
that was so easy i feel guilty ..
wheeew ..
eom
eu/gbp
looks so much like what happened to eu/us top at 2165 ..
that's why i think it looks too easy ..
anyone still awake?
eom
markets seem illiquid here, watch out for a pronounced move one way or another as it could trigger some stop outs into a thin market
man I want back in but I got to hit the sack I could be wrong but this might fly
the mac and the stoch look like we might go sideways I would like to see it run strait up or down hard and play the pull backs not going to stick around for the break out eur/usd that is wile I am posting looks like it wants to go north
just got back in good to see I am up going to get out and watch before I shoot again
excellent call dawg ..
excellent ..
eom
got in at 2072 myself ..
see what happens ..
eom
EUR/USD sees a 1.2113 HOD after breaking that key 1.2080 and putting in some large reversal candles, 1.2020 looks like its gonna be hard to get thru, and there is shorterm support 1.2060 and 1.2045, on top of that greenspan speaking tomorrow and i think market has already priced in +25 bp and continued hawkishness(or atleast greenspan has got the market believing that) so any sign of dovishness from the fed will be USD negative, bonds sold off today as 10yr traded over 400 bp earlier indicating traders preparing for this relatively determined fed, could we get a blink and a pause next meeting? even if we do will the EU and UK follow suite making the relative USD weakness play in EUR/USD moot, who knowsss, lol
so ..
what do u think now ?
a little retracement then continue the rise?
eom
whooah: sorry .......
didn't mean to repeat, ihub's lagging a bit
anyway, good job dawg, lol
good job dawg:
I'm still selling the dollar for the next 12 hours or so, maybe 2879 was the top for a long time
good job dawg
I'm still selling the dollar for the next 12 hours or so, maybe 2879 was the top for a long time
good job dawg
I'm still selling the dollar for the next 12 hours or so, maybe 2879 was the top for a long time
good job dawg
I'm still selling the dollar for the next 12 hours or so, maybe 2879 was the top for a long time
u got the cajones ..
i was long too but stopped out way before ..
:(
eom
no let it all hang out trusted the charts but I only had 1big lot so traded light
dawg ..
u didn't have any stops?
it went down to 2015 ..
eom
out for 36 pips
I slept through the big run
sleeping sux, you snooze, you loze, that's it, no-doze from now on
i quit ..
can't take all these fakeouts ..
yaawn ..
:(
eom
EUR/USD trades to 1.2079 and gets rejected...again
back in long eu ..
i hope u were right about 2080 jon ..
we shall see ..
won't hold against u if u weren't .. lol ..
:)
eom
jon
u r a friggin genius ..
right on the dot about 2040 area too ..
eom
scalped ..
back to long ..
eom
never mind ..
stopped out ..
going short now ..
eom
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