EURUSD

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Re: EURUSD

Postby beast_master » Thu Feb 04, 2010 9:04 am

although I am still short on the EURUSD, this is something that bothers me: a bullish divergence forming at the dailies. Possible scenarios: 1) the price will form a double bottom near 1.3850. 2) The price will go lower but I am looking at 1.38 as the heavier support. 3) Unlikely as of this time, but a breach of 1.38 is possible especially that NFP is about to be released. This is the event that will make or break these possibilities.

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Last edited by beast_master on Thu Feb 04, 2010 9:34 am, edited 1 time in total.
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Re: EURUSD

Postby beast_master » Thu Feb 04, 2010 9:07 am

yeahbah wrote:wow congrats! i got left behind dahil nagsampung isip ako hehe. last night there was an ab=cd pattern in the 15min chart but i didnt take it. this morning, good adp non farm payroll number i didnt short it still dahil kaligo ko lang hehe.

hintay na lang ako retracement or just trade the news tomorow and on friday :D


ikaw kasi hanggang dalawang isip lang dapat wag sampu. Mahirap talaga yan.hehe
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Re: EURUSD

Postby hunter » Thu Feb 04, 2010 11:35 am

yeahbah wrote:this morning, good adp non farm payroll number i didnt short it still dahil kaligo ko lang hehe.


la ng ligo ligo! ahahaha! just kidding.. ^_^

master beast, RSI have bullish divergence too.. does that confirm anything? :D having 2 indicators pointing up.

also, Greece has come up with some plans on cutting their deficits and the EC approves and supports them..
Last edited by hunter on Thu Feb 04, 2010 2:18 pm, edited 1 time in total.
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Re: EURUSD

Postby yeahbah » Thu Feb 04, 2010 12:04 pm

Also, the AB=CD pattern in the daily chart is still valid, AB=CD + RSI Divergence = strong signal. The pattern suggest a reversal from 1.38.

Hangga't di pa tinatamaan ang 1.38, short pa rin ang bias ko.
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Re: EURUSD

Postby beast_master » Thu Feb 04, 2010 1:43 pm

hunter wrote:
yeahbah wrote:this morning, good adp non farm payroll number i didnt short it still dahil kaligo ko lang hehe.


la ng ligo ligo! ahahaha! just kidding.. ^_^

master beast, RSI have bullish divergence too.. does that confirm anything? :D having 2 indicators pointing up.

also, Greece has come up with some plans on cutting their deficits and the EC approves and supports them..

naka bold nga ako habang natingin ng charts eh hehe


RSI and CCI are almost the same in function. So its just repeating the signal not actually confirming. I want to see exhaustion candles to appear at these levels para mas malakas ang ibidinsiya.hehe
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Re: EURUSD

Postby yeahbah » Thu Feb 04, 2010 10:32 pm

Ayos ah, bad US unemployment number bumagsak pa rin he he

Long abangers 1.3795 :twisted:
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Re: EURUSD

Postby beast_master » Thu Feb 04, 2010 11:29 pm

I went long at 1.38. stops at 1.3715
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Re: EURUSD

Postby yeahbah » Thu Feb 04, 2010 11:32 pm

I went in also at 1.3795, stop 1.3735

Goodluck to us :mrgreen:
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Re: EURUSD

Postby beast_master » Thu Feb 04, 2010 11:46 pm

yeah. good luck to us. Make or break tong trade na to. :D
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Re: EURUSD

Postby yeahbah » Fri Feb 05, 2010 12:19 am

Anong target mo pards? or are you just going to do a trail stop run? or maybe it's too early to ask when we're still on the red :lol:
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