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- todstars2 replied Feb 7, 2012
Not a good idea to go against the primary trend. Easy to get burned when renewed strength kicks in. Just a word to the wise
EURUSD
- todstars2 replied Feb 7, 2012
What about the possibility that if Greece were to go under and leave the EUR that the EUR soars? Everyone seems to think it will lead to disaster. Not saying this is what I definitely think, but a counter point to think about. The end result could ...
EURUSD
- todstars2 replied Feb 7, 2012
Long term support at 1.311 area with a nice slope up to the Daily Trendline. Near term we may be starting to build in a new support atop the range we have been in for days now at 1.32. I wouldn't count on it for a trade just yet but it is there. If ...
EURUSD
- todstars2 replied Feb 7, 2012
Yep!
Could just be taking a breather here and charge higher sooner rather than later as I bet it will. Don't fight the trend. EURUSD
- todstars2 replied Feb 7, 2012
What? The charts have been showing this for days on the Daily technical analysis. Supply takes time to absorb.
EURUSD
- todstars2 replied Feb 7, 2012
Train Left the Station! — EUR support held at 1.307. Nice. Now that we have broke into new high territory after days of building in a base, Looks like we have a new support zone at 1.32 for the Bulls to defend. Let's see how it holds up over ...
EURUSD
- todstars2 replied Feb 6, 2012
Forecasting the "future price" with patterns or any similar system is just like weather forecasting. imprecise, you bet, but when you see a hurricane drifting across the Atlantic you can bet it most likely will make land fall somewhere in the ...
EURUSD
- todstars2 replied Feb 6, 2012
;-) Not likely, but worth trying. At least a high school level....
EURUSD
- todstars2 replied Feb 6, 2012
No disrespect, but your ignorance of those "imaginary patterns" does you and others that come across such a post a huge disservice. Much as any other system traders may use, they all seek to do one thing, some better than others, when used properly. ...
EURUSD
- todstars2 replied Feb 6, 2012
thanks, im just putting out some probes for the bottom. could be in here at the .99000 area
EURUSD
- todstars2 replied Feb 6, 2012
I like that BREAKING Imminent release of rumor of rumor.
good stuffEURUSD
- todstars2 replied Feb 6, 2012
good time to start watching and probing the usd/cad for a long entry. daily trend nearing flat. ripe for some up move after days of decline.
EURUSD
- todstars2 replied Feb 6, 2012
If you pull outside the field of candles the magnetic line effect doesnt pull it to a candle involuntarily trendlines nothing but an upward sloping s/r
EURUSD
- todstars2 replied Feb 6, 2012
Look at that. Back inside the daily trendline and above support at 1.31700 dating back to 12/21/2011 Numbers, numbers, numbers ;-)
EURUSD
- todstars2 replied Feb 6, 2012
I dont know. Judging from the strong closing numbers pushing both EUR and GBP upwards daily. I wouldnt count on much more downside from here. IMO
EURUSD
- todstars2 replied Feb 6, 2012
Hope everyone is green this morning. Looks like that support around 30700 held up over night might finally make that move to the upside today. Price action looks good this morning since 1030 gmt
EURUSD
- todstars2 replied Feb 6, 2012
oanda.com open all weekend comes to life 12 to 2 pm EST in the US
EURUSD