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  #21931 (permalink)  
Old 07-29-2009, 05:32 PM
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Thumbs up .....i'm stuck

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Originally Posted by adam6655nyc View Post
lol, yeh, my trading room is half that size
No, I am serious, for the past few years you had to build your own system, it is about time that someone out there thought about this, and the price is cheaper than buying 8 seperate screens, I looked at the price before I bought them, it took me a week till I REALIZED that it will save me money...and they are using samsung screens which top of the line

I got the three screen one and I am happy with it, now I CAN have one screen for trading, one screen for porno and one screen to chat with TWINKLE in kOREA LOL
why am i jealous of this posting...screw my +200 pip on eur/usd i need another screen
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  #21932 (permalink)  
Old 07-29-2009, 06:14 PM
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Quote:
Originally Posted by Le0 View Post
why am i jealous of this posting...screw my +200 pip on eur/usd i need another screen
LOL, le, I wish I would say it helps, your gains and loss has nothing to do with how many screen you have...but it is fun to have all those screen and pretend you are busy lol
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  #21933 (permalink)  
Old 07-29-2009, 06:17 PM
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here are the charts

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Originally Posted by fxaprendiz View Post
Hey guys!
I just got online to see the USD finally getting stronger, or is it less weak? hehe.
Not to be a party pooper, but a bearish bat just formed in the USD/CHF pair, and while there's no fractal in the eurodollar, there's a confluence of 3 Fib levels in the 1.4000-25 area.
As a disclaimer, I'm long term bearish on euro and bullish on usd/chf, so I'm happy the way things are so far, but for now I'll use hedge trades until I see validation or break down of the fractal and fib supports. I have left slip good profits in the past expecting things to go straight. Not this time.

I'll post charts in my blog in the next couple hours, I hope. In short, I expect some consolidation/retracement in both pairs in the next couple days before the USD resumes its comeback.

fxaprendiz out
I drew the charts and you can see them in my Fibonacci thread here:

http://forexforums.dailyfx.com/316273-post14.html

I hope that helps you in your decision process, not the opposite.
imho Euro it's going down for some months, but obviously it won't be a straight line. This might be the first bump on the road.

Be happy everybody!
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Last edited by fxaprendiz; 07-29-2009 at 06:21 PM..
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Old 07-29-2009, 06:55 PM
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Talking Good morning

A very good morning to all of you. Hope everyone made some pips yesterday!
I know I didn't...ha ha...well you win some and you loss some. Part of the game lah!

By the way someone said my picture is a bit distracting (maybe he is joking) so I have changed it. Hope it is not too distracting now.

Good luck and God blessed!

Cheers!
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Old 07-29-2009, 07:08 PM
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Quote:
Originally Posted by twinkle View Post
A very good morning to all of you. Hope everyone made some pips yesterday!
I know I didn't...ha ha...well you win some and you loss some. Part of the game lah!

By the way someone said my picture is a bit distracting (maybe he is joking) so I have changed it. Hope it is not too distracting now.

Good luck and God blessed!

Cheers!
Almost!
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Old 07-29-2009, 07:55 PM
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lets hope having faith

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Originally Posted by janusinho View Post
I dont think that eur/usd will fail to break 1.4340 and will fall to 1.3800-3750 levels, but if that happens, i'll pee my pants

well, its time to wait and be patient, come on usd, make me pee my pants!
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Old 07-29-2009, 07:57 PM
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ALLEZ USD!!

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Originally Posted by janusinho View Post
usd is done now, 1.4265-77 level broken, now 1.4290 next level is 1.4340, eur/usd will fail to break 1.4340 and will fall to 1.3800-3750 (LOL!)


COME ON USD!! COME ON!!!
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Old 07-29-2009, 08:02 PM
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Quote:
Originally Posted by twinkle View Post
A very good morning to all of you. Hope everyone made some pips yesterday!
I know I didn't...ha ha...well you win some and you loss some. Part of the game lah!

By the way someone said my picture is a bit distracting (maybe he is joking) so I have changed it. Hope it is not too distracting now.

Good luck and God blessed!

Cheers!
thanks

now what we really wanna see from you is a CHART

and some thoughts that go with it hmmmmmm

that will stoke some interest in you
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Old 07-29-2009, 08:04 PM
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Thumbs up Watchout SP500 Futures today

Good morning to everyone,

All E/U traders should look at the SP500 Future Contracts movement today to make up their mind on how to trade on EURUSD. My bias is in favour of an Strong Bounce Back as long as the Short Term Support at 960 is hold by the market.

My Decision line would be at the Pivot which is 962

If its holding on to the 960 Support I'll be opening LONG positions above 965 with TP1 at 980 & TP2 to as high as 990

Alternatively if the Support of 960 is taken out than i'll be sidelined as it might end up to 957 or 950 levels.

R3: 1000
R2: 990
R1: 985
PP: 962
S1: 957
S2: 950

Once again, as usual Good luck with your trades today.

PS: I'm not trading E/U today but doing CFD on SP500 Future Contracts.
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Last edited by asherewt; 07-29-2009 at 08:12 PM..
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Old 07-29-2009, 08:08 PM
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The trends are short-dollar, and will take at least two sessions of consistent Usd selling to change; in the mean time the momentum reads are at oversold. The indication is that a reversal will be coming in the near-term, that gets the major pairs out from under the dollar buying mode. The rejection of the major pairs test of yearly resistance have not as yet changed the technical outlook that the dollar is still more easily sold than bought. This is a pivotal session to gauge the strength of. Lets see what tonight brings, meanwhile I am trading futures tonight also while the FX market shakes itself out
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Old 07-29-2009, 08:21 PM
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good luck!

Good luck with your trades in the futures market, Asher and CodyB!
For least sophisticated folks like me, forex will do, hehe. But incidentally, today I'm practically out of this fx market, as I placed hedge trades to protect the profits in my euro and chf positions as I saw the contrarian fractals forming. I guess it will take a couple days for traders to to reasses their outlooks and reestablish positions. It's nice to be right once in a while...even if it took "only" a couple months..
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Old 07-29-2009, 08:29 PM
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Question Rebounce

Well, my friend in the banking sector have a tip for me.
It is going to bounce back once it hit below 14000 - 13900.
Not sure how she come up with it but since she is in the banking sector, she must know something.

Take it with a pitch of salt and let wait and see how it goes.

Profits all the way to everyone!

Cheers!
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Old 07-29-2009, 08:39 PM
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Quote:
Originally Posted by asherewt View Post
Good morning to everyone,

All E/U traders should look at the SP500 Future Contracts movement today to make up their mind on how to trade on EURUSD. My bias is in favour of an Strong Bounce Back as long as the Short Term Support at 960 is hold by the market.

My Decision line would be at the Pivot which is 962

If its holding on to the 960 Support I'll be opening LONG positions above 965 with TP1 at 980 & TP2 to as high as 990

Alternatively if the Support of 960 is taken out than i'll be sidelined as it might end up to 957 or 950 levels.

R3: 1000

R2: 990
R1: 985
PP: 962
S1: 957
S2: 950

Once again, as usual Good luck with your trades today.

PS: I'm not trading E/U today but doing CFD on SP500 Future Contracts.
It seems like the EURUSD/SPY relationship has broken apart over the last few days. Even the USDJPY has been rallying as the stock market has fallen modestly. Do you think this relationship still holds true?

I found it interesting that the SSI Index had the widest intraday swing for the EURUSD and GBPUSD since July 22, 2008, 4 days after the EURUSD topped at 160.385. Just one piece of data, but still interesting.
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Old 07-29-2009, 08:41 PM
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1.4005 & 1.3945

If I was trading E/U today, I would have been watching closely at the following levels

1.4005 & 1.3945

Quote:
Originally Posted by twinkle View Post
Well, my friend in the banking sector have a tip for me.
It is going to bounce back once it hit below 14000 - 13900.
Not sure how she come up with it but since she is in the banking sector, she must know something.

Take it with a pitch of salt and let wait and see how it goes.

Profits all the way to everyone!

Cheers!
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Old 07-29-2009, 08:46 PM
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Hi QED,

I've found quite a close relationship between the things you mentioned. Sometimes it has made my Exits quite easy by watching the SP500 Futures.

I havent had a look at the SSI as yet, its quite early morning here but thats definitely on my radar.

By the way, I'm already in Long Positions with SP500 (10 Points up) and Australia-200 (23 points up).

Cheers.


Quote:
Originally Posted by qed View Post
It seems like the EURUSD/SPY relationship has broken apart over the last few days. Even the USDJPY has been rallying as the stock market has fallen modestly. Do you think this relationship still holds true?

I found it interesting that the SSI Index had the widest intraday swing for the EURUSD and GBPUSD since July 22, 2008, 4 days after the EURUSD topped at 160.385. Just one piece of data, but still interesting.
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