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Old 15-02-2006, 05:54   #2865
amberfm
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Re: Sell Eur/Usd

Hi everybody ,, nice see ya noor ,,

Why dont we use any of the chat rooms to exchange openions in fast moving market during news release ?

thanks
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Old 15-02-2006, 10:31   #2866
Noor
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Re: Sell Eur/Usd

Quote:
Originally Posted by Noor

Euro/Usd

Euro/Usd needs to see the upcoming TICS data,, Traders are waiting for the TICS data and see which resistance/support will firm...


..
As expected, Euro/Usd advanced north to 1.1920<>1.1960 level on position exit...

TICS data at 56... low numbers... 1.1940 level is firming on a low numbers signaling a strength in south positioning...

Shorts can be taken with stoploss only 15 pips above 1.1940...

We have FED event... It is hard for me to tell how the Market will respond to what the new FED chairman will say , which I count as US dollar negative...

Current price 1.1930... South is on.
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Old 15-02-2006, 10:41   #2867
MidnightRun
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Re: Sell Eur/Usd

When you say "south is on" do you mean the EURUSD is likely to go up above 1.2000 ?

Thank you
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Old 15-02-2006, 10:47   #2868
Noor
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Re: Sell Eur/Usd

Quote:
Originally Posted by MidnightRun
When you say "south is on" do you mean the EURUSD is likely to go up above 1.2000 ?

Thank you
Hello MidnightRun,

South= down
North= up

as long as 1.1940 holds,, then I can see south...
Though, FED event might whipe me out...

Keep tight stoploss,
Cheers,
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Old 15-02-2006, 11:36   #2869
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Re: Sell Eur/Usd

Thanks, Noor, 50 quick ones
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Old 15-02-2006, 11:58   #2870
Noor
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Re: Sell Eur/Usd

Exits can be taken from here 1.1895...

I can see North from here...
Euro/Usd is targeting 1.20 area...
The Bigmoney are going long on Euro/Usd
Bigmoney case scenario will be canceled if we get a close in the hourly candles below 1.1893...

I will provide charts later to explain why I turned bullish on Euro/Usd from here, if I get time...

Cheers,
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Old 15-02-2006, 12:06   #2871
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Re: Sell Eur/Usd

Quote:
Originally Posted by Noor
Hello MidnightRun,

South= down
North= up

as long as 1.1940 holds,, then I can see south...
Though, FED event might whipe me out...

Keep tight stoploss,
Cheers,
Noor, thanks for the clarification.

Now that both USD and GBP did go south after Bernake, what do you expect next? (It seems to me fundamentals are more important right now than technicals, and I am not good at fundamntals ).

Thank you Noor!
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Old 15-02-2006, 12:30   #2872
Noor
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Re: Sell Eur/Usd

Quote:
Originally Posted by MidnightRun
Noor, thanks for the clarification.

Now that both USD and GBP did go south after Bernake, what do you expect next? (It seems to me fundamentals are more important right now than technicals, and I am not good at fundamntals ).

Thank you Noor!
As I said my friend,,

Big money target is now at 1.20 area,
My case scenario will be canceled if we get a closing candle in the hourly chart below 1.1893 level...

If that was Greenspan speach, I would not open longs at this stage and would rather waiting...
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