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- todstars2 replied Feb 15, 2012
Can the Bears muster any more strength? — ....or will the Bulls push this puppy up along the primary trend further before we see that Correction. Precarious point to be at. I'm loving these EUR bargains personally. Keep it up Bears!
EURUSD
- todstars2 replied Feb 15, 2012
Item 4-Follow the news but take it with a grain of salt. Every person and institution out there has their own bias and they may be seeking to sell or buy based on the opposite direction they broadcast to the public, so be careful. Trade your plan.
EURUSD
- todstars2 replied Feb 15, 2012
im just another trader going through the trials, neither good or bad but these are somethings ive learned are most important. Timing, Money Management, and Emotional Control Patience is key. You can be right on the trend and wrong on the support ...
EURUSD
- todstars2 replied Feb 15, 2012
strong resistance here dating back to 12/20 and 12/21 it took a couple of weeks to build in this base. i doubt these guys below this level will give in easily. they've defended it well for days now. come to think of that looks like a classic cup and ...
EURUSD
- todstars2 replied Feb 15, 2012
yep, playing for the long pull. thats why i use the daily, weekly and monthly.
EURUSD
- todstars2 replied Feb 15, 2012
Daytrader Panic! — Wow! Fantastic bargains, every time these daytraders panic out. Skittish breed they are LoL!
EURUSD
- todstars2 replied Feb 15, 2012
;-) Encouraging the public to sell I bet while their quietly buying at bargain prices. Same thing GS did with the mortgage paper. LoL!
EURUSD
- todstars2 replied Feb 15, 2012
EUR BULL! — EUR bargains galore this morning! Still within that channel I saw last week that we have building in on the daily. Still bouncing off those pre-Christmas highs as a nice base for the long pull.
EURUSD
- todstars2 replied Feb 12, 2012
Your trade is your trade. No one but you made the decision to pull the trigger, buy or sell. When you've learned that lesson you are well on your way. Until then you are just another follower, another wannabe. That said, still long term looks to be ...
EURUSD
- todstars2 replied Feb 10, 2012
Tell me what you see? ;-) A return to the lower part of the channel or a Correction depending how you see it. 1.29ish or 1.28ish depending on how overworked everyone gets. Always subject to change but the history is there. Staying long and strong ...
EURUSD
- todstars2 replied Feb 10, 2012
If this is indeed a Correction, which I suspect it is considering the strong resistance above. Typical corrections last from 50% to 66% of the original movement. This gives us downside targets of: 66%=1.28564 50%=1.29722 It will be interesting to ...
EURUSD
- todstars2 replied Feb 8, 2012
smaller position size, daily, weekly or monthly charts, and wider stops if any at all. check once daily. not as exciting but does the trick of freeing you from the monitor.
EURUSD
- todstars2 replied Feb 8, 2012
Swing high since 01/03/2011 stands at 1.42461. It is likely heading up to where you suggest, maybe higher.
EURUSD
- todstars2 replied Feb 8, 2012
yep, it likely will bounce around in this vicinity for a few days, maybe longer to consolidate for its next move higher. probably boring through the end of the week
EURUSD
- todstars2 replied Feb 8, 2012
Bargain EUR while they last! — Bargain EUR. Nice to see that support at 1.32 holding up so far. Feared it would pull back to 1.31 today
EURUSD
- todstars2 replied Feb 7, 2012
I have a long term bias up but if your not willing to withstand the upcoming fall, best to get out of the way. USD is moving up, EUR going down. Im watching it on the 4 hour.
EURUSD
- todstars2 replied Feb 7, 2012
Panic — "...men go mad in herds, and recover slowly, one by one..." Charles MacKay Its not that Greece falling would hurt America, its the reaction that would occur that could be dangerous.
EURUSD