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- todstars2 replied Jan 10, 2012
Hammer right there at the 1.274 area on the 15 minute chart. same stop as 12 hours ago. accumulation should be able to resume now.
EURUSD
- todstars2 replied Jan 10, 2012
...with a typical 50 to 66% recession after a decent run i would guesstimate we get support around 1.27 to 1.274 and then its back up. below that it might be time to flip.
EURUSD
- todstars2 replied Jan 10, 2012
"Price is a function of supply and demand" This is exactly how people buy homes, cars, Black Friday shopping, etc Stocks and currencies too. Theoretically, they go shopping in droves when the price is at what they believe is historic lows or near ...
EURUSD
- todstars2 replied Jan 10, 2012
One can only hope. The bear side moves to its conclusion much faster than the long side. All it takes is a good panic

EURUSD
- todstars2 replied Jan 10, 2012
We shall see. ;-) The short trade, like I said, looks a little played.
EURUSD
- todstars2 replied Jan 10, 2012
that's makes a market.


No investment in direction for me. Long and strong since yesterday morning until its no more.EURUSD
- todstars2 replied Jan 10, 2012
Ill take the other side of that. Long term...for the moment "The trend is the trend until its no longer the trend" Judging from what I read on your profile you should know that.
EURUSD
- todstars2 replied Jan 10, 2012
I see you are prescient? Your prognostication is about as good as anyone else's here or elsewhere, but since you offered that you know the direction of this ever changing market.... Please enlighten the board rather than leaving us all hanging. I'm ...
EURUSD
- todstars2 replied Jan 10, 2012
Looks like we are stuck in a channel trade for a while before we get some direction.
EURUSD
- todstars2 replied Jan 10, 2012
Not sure of your experience level so forgive me for the disclaimer: That said: Risk is not such a bad thing but recognize that you will more than likely lose in these markets. Most people do. play only a small portion of your money at a time and ...
EURUSD
- todstars2 replied Jan 10, 2012
Agreed. Close stops for cap preservation until the bottom is found.
EURUSD
- todstars2 replied Jan 10, 2012
Looking for a pop to the upside soon. — Probably within the next hour volume should pick up and price will spike again to the upside...
EURUSD
- todstars2 replied Jan 10, 2012
EUR Accelerating — Looks like the EUR accelerating to the upside
EURUSD
- todstars2 replied Jan 10, 2012
Whats the story? We still heading up in the long run? Im still long from yesterday morning. Seems to be moving up well.
EURUSD