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- acumen replied Aug 11, 2008
Hmmmm... — Does that mean you are a buyer at this level? "luck that the market pushed the Euro down" Time will tell.
EURUSD
- acumen replied Aug 11, 2008
Actually... that's pretty important... — Are you trading the EURO/OIL pair? If not... I think you mean the EURO and Oil ARE over valued. (We agree on something) The amount at which any instrument moves in a given time is very relevant. ...
EURUSD
- acumen replied Aug 11, 2008
Let me help out... — When do you expect this reversal happen? 2012 What if FED intervene again? They intervene everyday. What's your expectation? Thanks[/quote] I expect a lot of you buying right now to be back at your day job in December.
EURUSD
- acumen replied Aug 11, 2008
Did I wander to a different thread again? — Just curious - what pair are you looking at? This is the EURUSD thread. Just last week... I know... long time ago... this pair (EURUSD) came off a record 3% in one week. There is little or no chance ...
EURUSD
- acumen replied Aug 11, 2008
Depends on your system... — Are you and intra-day trader? Swing? Long term? Most intra-day guys won't have an SL greater than 30. The most important facet is not risk/reward... it's money management. If you trade a 5K account with a 30 PIP ...
EURUSD
- acumen replied Aug 11, 2008
On the sidelines for now... — There's a good chance we saw our low for the day at .4880. By the way... I had S1 at .4890. Hopefully we get a nice retrace before the London session.
EURUSD
- acumen replied Aug 11, 2008
Euro rally...?? — You sure you're on the right thread? Because I haven't seen much of a EURO rally for at least a week.
Let's see where the EURO crap finishes on the week.EURUSD
- acumen replied Aug 11, 2008
Bueller...Bueller...Bueller — You bulls still there? Holding your breath? .5300 some time tomorrow... Thursday maybe.
EURUSD
- acumen replied Aug 11, 2008
.4920 - A test but... — She could hold. If .4900 doesn't hold up - look out below. m
EURUSD
- acumen replied Aug 11, 2008
— Those pesky bulls are putting up a good fight. To no avail in the end but it's sure is fun to watch.EURUSD
- acumen replied Aug 11, 2008
Pivots... — Hello Ed, I stole the metatrader indicator that's on my site from someone. I don't remember who. If you aren't using metatrader you should be. It's free and it's the de facto tool for we currency people. Since I only trade intra ...
EURUSD
- acumen replied Aug 11, 2008
Tennis anyone... — We should see a tennis match around .5000. The big news on the horizon is GDP. It will show the zone it lots of trouble. Keeping it above .5000 will prove quite a struggle.
EURUSD
- acumen replied Aug 11, 2008
I believe we... — I'm guessing we bounce around until the next rumor. The trend is surely South but we are really due for some consolidation. Just some random thoughts.
EURUSD
- acumen replied Aug 11, 2008
More Bloomberg fun... — "The 4 percent surge against the single European currency this month was enough to prompt Bank of America Corp. to tell its customers to exit trades betting on more gains." That's what I like to see. Those BOA currency ...
EURUSD
- acumen replied Aug 11, 2008
More good news from the zone... — The French never let me down... French industrial output slipped further into negative territory in June against expectations of a mild recovery. In annualized terms, French industrial production fell 1.6%, ...
EURUSD