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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:

EUR

Discuss EUR in this thread
 
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Machiavelli
Posted Anonymously
13 years ago
Apr 20, 2011 16:47
Dave 4630 is low of 1st Nov 2009 weekly candle which is an important resistance. Price (almost) always respects the tip of candle wicks coming from the other direction. That respect might be temporary (within a 50 pip range before continuing the dollar massacre) or full. Also, since it is important to identify s/r _zones_ instead of lines (the shorter the tf the more important it is), that's a good comfortable 50 pips from 4580, wrapped around a big figure. Also, above 4630 I only see 4850 as proper resistance, so a break of it can see acceleration to the next stop.
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Apr 20, 2011 16:44
Thanks Dave and digi.. Ican relax about my daily post count then?..
btw digi I havent been called that since school..
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 20, 2011 16:35
BP, ouch, I should have kept my head down on that one :-)
DaveO
UK
Posted Anonymously
13 years ago
Apr 20, 2011 16:34
@jacek. I don't do any cross hedging yet, just keep it very simple on forex for mo
Sir Ignore
United States
Posts: 3068
13 years ago
Apr 20, 2011 16:33
BP oil :) latr
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 20, 2011 16:32
I must try some of your yummy oil shrimps soon.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 20, 2011 16:30
I am hoping we will ultimately see the mother of all reverses in the usd for whatever reason. I transferred pounds to dollar accounts some months ago.
Sir Ignore
United States
Posts: 3068
13 years ago
Apr 20, 2011 16:29
anne was tuff chick much bounty

I'm lookin for her offspring :)

I have broken women on board rule:))
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Apr 20, 2011 16:28
Dave got this right.. my comment about doubling up, that is..
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 20, 2011 16:27
nah, women not allowed on board, cause too much trouble. Ok for trading though, no prob there. very focused traders.
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