View Poll Results: What impact will the ECB Rate Decision have on the Euro?
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- 71. This poll is closed
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Send Euro Higher!
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Send the Euro Lower!
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Will have no effect.
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08-18-2010, 02:50 AM #44071
There is a downward sloping channel stalling the breakout up
Its going to be abit more choppy. Sitting on the side line before I add.
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08-18-2010, 02:51 AM #44072 No Faking Me Bud!!!
Last edited by smallcaps49; 08-18-2010 at 02:56 AM.
I Love """SUCKING The BLOOD""" Out of This MARKET!!! -
08-18-2010, 03:14 AM #44073
picked a bad stop i think might have been too tight  Originally Posted by avkuvalekar I saw the channel on the 30 min chart and when it broke it I put a short. Had put the stop at the entrance of the channel. Got stopped out. What did I do wrong?  FAITH is Believing what you Dont SEE The REWARD of FAITH is Seing What you BELIEVE -
08-18-2010, 03:21 AM #44074  Originally Posted by PoundGuy picked a bad stop i think might have been too tight Probably. But if I have to make money then the pair needs to move down which it doesn't seem to be in the mood to. So I probably would have made losses anyways, isn't it? -
08-18-2010, 03:23 AM #44075
hmmmm
thats a long way to go the level its @ if breaks might accelerate loses...
I am just thinking the $ has gained aggressively through the Asia session if replicated in Euro session might be another sea of red...
Just thinking out loud  Originally Posted by smallcaps49 I have lots Bought, Picked another 2 lots @ 1.28264!!! Sitting on 7 total lots now and will rest for now!!! All have a SL @ 2720 for safety sake!!! Have TP's from 2849 to 2912!!!
Going to cash in, or """HURTING for CERTAIN""" if you know what I mean???
542 needs to break for the run???
Best To Ya Money!!!
caps out!!!
PS-Going to bed now Dreaming of 2912??? LOL!!!  FAITH is Believing what you Dont SEE The REWARD of FAITH is Seing What you BELIEVE -
08-18-2010, 03:27 AM #44076
Why would you say that?
Price can take any direction and you can make money but of course when there is a sell off its a good time to make money.
Are you planning on just being a bear or follow market direction to make money otherwise known as trend trading... depending on tf used  Originally Posted by avkuvalekar Probably. But if I have to make money then the pair needs to move down which it doesn't seem to be in the mood to. So I probably would have made losses anyways, isn't it?  FAITH is Believing what you Dont SEE The REWARD of FAITH is Seing What you BELIEVE -
08-18-2010, 03:49 AM #44077  Originally Posted by dhan1163 That's true. It could bound back to 200-MVA at 15-m chart before It continues going up more.
Thanks Now, E/U have bounded back to 200-MVA at 15-m and 30-m chart. It's ready to be going up more.
Thanks
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08-18-2010, 05:19 AM #44078  Originally Posted by KUTERO Good morning..  -
08-18-2010, 05:36 AM #44079
Changed my ming about EUR/USD. Closed all shorts from the top, am buying plenty on 8 hour. Can see a return to 1.4000 to 1.5000 area now with monthly crosses.
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08-18-2010, 05:57 AM #44080
I Bullish too many trades i cant even list them anyway will close longs at any sign of momentum fading with force
FAITH is Believing what you Dont SEE The REWARD of FAITH is Seing What you BELIEVE -
08-18-2010, 06:03 AM #44081
If anything i think strong rallies should be sold if resistance levels hold strong
Lets see what happens 10-15 minuts to 12pm UK
FAITH is Believing what you Dont SEE The REWARD of FAITH is Seing What you BELIEVE -
08-18-2010, 06:12 AM #44082  Originally Posted by PoundGuy If anything i think strong rallies should be sold if resistance levels hold strong
Lets see what happens 10-15 minuts to 12pm UK Should hold all longs from here now, next few waves up are going to be thumpers. I'd stand aside if I was a bear for the next few weeks, as looks like it's a bull party.
Hmm, hopping on the EUR/CHF gravey train whilst it's still cheap. Long @ 1.3430
Last edited by Tigger; 08-18-2010 at 06:15 AM.
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08-18-2010, 06:22 AM #44083
I am in long and in the black just waiting to see is it will take out the high made early in the morning otherwise close and look to do something else
Whats you current projection chart wise???  Originally Posted by Tigger Should hold all longs from here now, next few waves up are going to be thumpers. I'd stand aside if I was a bear for the next few weeks, as looks like it's a bull party.
Hmm, hopping on the EUR/CHF gravey train whilst it's still cheap. Long @ 1.3430 FAITH is Believing what you Dont SEE The REWARD of FAITH is Seing What you BELIEVE -
08-18-2010, 06:30 AM #44084  Originally Posted by PoundGuy I am in long and in the black just waiting to see is it will take out the high made early in the morning otherwise close and look to do something else
Whats you current projection chart wise??? Good morning all, i see my longs got triggered shortly after posting that chart last night.... here are a few charts... mike
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08-18-2010, 06:34 AM #44085  Originally Posted by PoundGuy I am in long and in the black just waiting to see is it will take out the high made early in the morning otherwise close and look to do something else
Whats you current projection chart wise??? R1 Pivot level currently showing 1.29318. But, also there was some word of an emergency meeting of the US fed re interest rates. Perhaps someone can confirm?
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