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- dragoncat replied Jul 14, 2008
still hedged, waiting for more indicators to suggest continuation of uptrend, by the look of the price action, this could happen very soon, but still need confirmations...
EURUSD
- dragoncat replied Jul 14, 2008
I'm hedged and undecided right now... waiting for confirmation, and need to see signs that the uptrend have resumed..
EURUSD
- dragoncat replied Jul 14, 2008
yes, I would look to sell now, anything above is a big resistance, 1.5760 support would very likely be tested now unless we move back up to 1.5920 very soon.. we may not see 1.6018 for a long time now, this was the best chance and it failed...
EURUSD
- dragoncat replied Jul 14, 2008
i've covered my longs long, waiting for further confirmation before my next action, if the price does not go back above 1.5920 very soon, it could be the start of a long term down trend for euro...
EURUSD
- dragoncat replied Jul 14, 2008
the 1.5870 still looks good, but if it breaches, then look out below...
1.5760 will be retested... there goes our long trade, I'll need to cover my long, and wait for selling chances..EURUSD
- dragoncat replied Jul 14, 2008
actually the price action is starting to look bad, like all of a sudden there's no buyers interest, will have to watch your support and stop levels everybody..
EURUSD
- dragoncat replied Jul 13, 2008
where's steelhead when you need him, hey, steelhead, sell me the euro at 1.5905...

EURUSD
- dragoncat replied Jul 13, 2008
damn i set to long again at 1.5905, and didn't get filled by 0.1 pip, where as other chart showed 1.5901/04... think something is fishy here!
EURUSD
- dragoncat replied Jul 13, 2008
sounds reasonable, so to trade your forecast, you'll sell the break below 1.586, but no indication when you will buy? Guess you're a bear then...

EURUSD
- dragoncat replied Jul 13, 2008
part 1: SL below the hourly support, no TP until trend changes part 2: I forecast that support will build up and form a base around of 1.5880, the sight of slow down of the fall from 1.5970, good potential gain vs tight stop loss as short term range ...
EURUSD
- dragoncat replied Jul 13, 2008
ah ok.. just that I heard too many people "think" that EUR is going to fall when we were at 1.57, 1.575 1.58 etc.etc... I don't forecast anything more than 1 hours in front, although i trade to hold for weeks if possible, but as no one can tell the ...
EURUSD
- dragoncat replied Jul 13, 2008
I heard this ages ago, but it's ok, we can keep thinking, when we gather enough mind power, it may finally start falling, but don't hold your breath too long though...

EURUSD
- dragoncat replied Jul 13, 2008
FULLY AGREE, just as every fundamentals predict the news and forecast differently, technical traders all read their chart different too...
just entered longs, 1.5893, wanted to wait for a better price, but i just can't risk to miss out... LOL... ...EURUSD
- dragoncat replied Jul 13, 2008
for those that are thinking, dreaming, praying that such a strong trend is going to reverse in a matter of minutes, they're helpless, it's not going to help even if you pointless yell that it's going to fall, you can sell all you want, but we're ...
EURUSD
- dragoncat replied Jul 13, 2008
I agree 100% People just don't understand! In short term, speculators always wins, and this is enough to blow anyone's account who is trying to trade with a rational mind, you've heard this enough, a market can stay irrational longer than you can ...
EURUSD
- dragoncat replied Jul 12, 2008
it's got to make a new high above 1.5946 quickly on Monday to show that it's got plenty of momentum to continue rising, otherwise we may see 1.5800 retested very soon if the bulls let go...
EURUSD
- dragoncat replied Jul 12, 2008
looking at the daily and weekly charts, it's bloody incredibly bullish, it's so bullish that it's SCARY!!!
EURUSD
- dragoncat replied Jul 12, 2008
I've seen this argument since euro was down at 1.26ish about 1.3, but the problem is the US$ weakness, that no bullshit talk from the central banks can do anything about it
EURUSD
- dragoncat replied Jul 11, 2008
YOU COULD, with a 50 pips slippage or a 30 pips spread, that's only if you could get the platform working, most of the time, it freezes... LOL..

Broker took my $2k back