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- acumen replied Aug 4, 2008
Should have been listening... — I told you where price was going when it was at .5595. Following the herd isn't always the best advice. Better hope those stops built up by large Euro names hold.
EURUSD
- acumen replied Aug 4, 2008
That's a text book trade... — Nicely done. Price touches the PP then begins to move up. It hits 80 psych level - pulls back (that's my entry) then moves nicely up to the next 00 level.
Psych Levels, Pivots, and Trendlines - Resurrected
- acumen replied Aug 3, 2008
Price continues to move north... — Price continues to move up on... well... nothing. .5550 sometime today.
EURUSD
- acumen replied Aug 3, 2008
Price modestly up prior to the EURO session — Price sits at .5585 as I type this. I don't expect much movement out of this session. We have a lot on tap for this week so I'm expecting some serious volatility but not today. In the attached pic ...
Psych Levels, Pivots, and Trendlines - Resurrected
- acumen replied Aug 3, 2008
Thanks eyevoltage... — I'll take a look at the file. Thanks.
Psych Levels, Pivots, and Trendlines - Resurrected
- acumen replied Aug 2, 2008
Surely you jest... — Iran can't Photoshop a picture correctly... how in the h#ll are they going to close anything down. Here's a thought: When one Naval Aircraft carrier leaves port with it's sundry other ships it becomes one of the largest ...
EURUSD
- acumen replied Aug 2, 2008
Sorry Eyevoltage... — Those files are huge. Folks... take a look at EV's chart directly above of the gpbusd. Price touches the .9800 almost to the PIP then pulls back hard. The next it nears .9800... it's down we go. Text book move. Also... ...
Psych Levels, Pivots, and Trendlines - Resurrected
- acumen replied Aug 2, 2008
eyevoltage... — You've quickly absorbed this system. Nice job... and you are correct... it seems to work best on: eur/usd gpb/usd usd/chf Pivots work in almost every market. As EV pointed out... I only trade eurusd. EV... how did you do last ...
Psych Levels, Pivots, and Trendlines - Resurrected
- acumen replied Aug 2, 2008
You've lost your mind — This pair won't see 1.6 this year. Euro-zone headed for a recession. Oil continues to come off its bubble and Monday it could come off hard after Obama's suggests he will compromise on off shore drilling. US bouncing ...
EUR/USD in Aug
- acumen replied Aug 1, 2008
Respect your analysis but... — My opinion doesn't change. .5320 by mid September if not sooner. Too much weight for Euro-zone to absorb. Oil will bounce and bring the Euro with it but Oil at 100 or lower is on the horizon. Big names will sell ...
EURUSD
- acumen replied Aug 1, 2008
Are we reading the same new reports?? —
ISM above 50 shows expansion. NFP - Lot's of losses but no as bad as predicted. UK's Manufacturing Index hits 10 year low. "Grim, bleak, dour, dismal, gloomy, miserable, dreary, depressing, wretched. ...EURUSD
- acumen replied Aug 1, 2008
By the way... — How magical is the .5580 line I mentioned in previous posts.
EURUSD
- acumen replied Jul 31, 2008
Not going to happen... — Soros said that the sub-prime debacle would bring about the end of the dollar as the world's primary currency. Well George and Indo - not likely. Central banks hold hundreds of billions in greenbacks. That move would ...
EURUSD
- acumen replied Jul 31, 2008
Keep Holding those longs... — I think if you go back and read my posts I've been crying sell for quite some time... even when it wasn't in fashion. By the way - just keep holding your longs - my Porsche needs new tires.
EURUSD
- acumen replied Jul 31, 2008
??? — Anyone know why the EURO just took a dump? News or just more bearish sentiment. 5560 right now.
EURUSD