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Old 18-07-2007, 02:50   #5825
dimmi
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Re: Sell Eur/Usd

Echo echo echo echo...
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Old 18-07-2007, 04:30   #5826
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Re: Sell Eur/Usd

Hi Catalonia, Niteflite, MidnightRun,
while we watch a most possible bulltrap in EUR/USD - I tell you what:

if you go and read my post # 5114 on Iris' thread

http://www.moneytec.com/forums/f59/s...tml#post222179

We were in almost a similar situation like this one these days (it was the days around April 20, 2007. Iris has been announcing for days to go short with Eur/USD. But the Euro went long - you all know where it ended up by end of April.
After I put my post into this thread I felt sorry about it and mainly about my sarcastic sound against Iris.

What I like to tell here it's more the sound what makes the difference! If Catalonia goes like:

Quote:
...And what I like most is to spot those masters of the universe with esoteric stuff saying a pair will or not will do this or that. They sell or they say they sell and keep doing this. The pair goes the other way, but they keep selling. Then, they do not pop up to say where they have the stop loss or what they have been doing.
...Look at that poor Noor. He said all that garbage about eurusd and so on.

you see? That's kind of stuff that doesn't belong here. It is kind of sick and absolutely contrairy to what we say constructive critisism.
It would be the same thing as,
imagine if I meet Catalonia and his wife on a party and I would tell him, hey Catalonia, you know what? Your wife looks really like a piece of sh..

It is everybody's own taste what makes our beautiful world so colorful. For this I try my best always learning from my mistakes.
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Old 18-07-2007, 06:34   #5827
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Re: Sell Eur/Usd

Hi there Iris, Phillip

All you other guys are w**kers Phiilip and Iris are doing a great job and if you dont appriciate there work get off the forum as people are not perfect and if you traded with them the whole time you would be in a profit anyway

Great work Phillip, Iris
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Old 18-07-2007, 07:23   #5828
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Cable

Hello Everyone........

As Always Thank You for your critical reviews and good words...Now back to the Market and current Positioning...
Quote:
We have Exited All Cable Buy Positions @ 2.0225 and we are in a Sell Reversal Zone for Cable...

Cable Sell Zone 2.0210<>2.0235...with extension Sell's @ 2.0245...

Target ...Open.

Cable Sell's @ 2.0230<>20228<>2.0226 are activated...let see if we can add Sell's @ 2.0235<>2.0245 Zone.

Have added Cable Sell's @ 2.0255<>2.0245 along with existing Sell's @ 2.0230<>2.0228 and 2.0226.

Target ...Open.

We have no major data releases today which should have the Market in Technical adjustment mode...have added another Cable Sell @ 2.0315 to hedge into our lower Sell Entries in Cable as I see a potential High today @ 2.0338/40 and will add if these levels are achieved today...if not may add on the decline above the lower Sell Entries.

I have added another Cable Sell @ 2.0340.[/font]
We were in Cable Buy's off the 2.0060 Lows and Exited @ 2.0225 and very early on this advance onto the current 2.0548 High...to begin building a Sell Position with current Sell Entries @ 2.0226<>2.0228<>2.0230<>2.0245<>2.0255<>2.0315 and 2.0340 and another Sell just activated @ 2.0505 with a Final Sell @ 2.0520 yet to be activated as the initial series of Cable Buy's profited nicely into Exits with the current drawdown being taken into context of the overall Cable Buy's into Exits into current Cable Sell Positions...and tho the hedging of Cable was stipulated above for those Pro's/MM/INST.who are inclined...we will go with just the current Posted Sell Positions to maintain transparency.

Cable Sell pending... @ 2.0520
Cable Sell's activated @...
2.0505
2.0340
2.0315
2.0255
2.0245
2.0230
2.0228
2.0226...

And a potential Cable Low @ 2.0300<>2.0340 Zone has us building an overall Net gain on this Sell Position.

Time for the Market to decide the outcome...and as always Thank You to those who have the courage and convictions to post their Positions and Analysis openly regardless of outcome as well as critical reviews.

IRIS FX
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Old 18-07-2007, 07:44   #5829
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Canadian

Hello Everyone.....

From the 9/7/07 post on the Optimal Usd/Cad Buy Zone that we awaited to be activated...which was achieved in early London Session today...
Quote:
We have a Usd/Cad Buy Zone forming @ 1.0405<>1.0425 off a Weekly 618 Fractal...with Time to assess and Position this Buy Zone with a current Low @ 1.0444...

Usd/Cad Buy Zone @ 1.0405<>1.0425...

Target ...Open.

Let's see if our Canadian Buy Zone is activated.
The Usd/Cad Buy Zone @ 1.0405<>1.0425 is activated with a current Low @ 1.0401...

Usd/Cad Buy's @ 1.0405<>1.0410<>1.0418 are activated...Key advance break @ 1.0485<>1.0525 onto 1.0550<>1.0600 Zone.

IRIS FX
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Old 18-07-2007, 07:56   #5830
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Swiss

Hello Everyone.....
Quote:
We have reached a Major Low in the USDollar @ 1.1990<>1.2025 as the Sub-Prime downgrade from the S$P had USD Bulls Exiting to this Major Support. The FED has insisted that this aspect of the US Economy has its problems but should not have a major impact overall as US Industrial output has strengthened. Yet anything is possible in the Market.

We are @ a Major Low/Buy Zone for the USDollar in the Swiss...

Swiss Buy Zone @ 1.2000<>1.2025...with extension Buy's @ 1.1990

Target ...Open

Swiss Buy's @ 1.2005<>1.2008 and 1.2010 are activated...let's see if we can get additional Buy's below in the 1.2000<>1.1990 Zone.

Our Buy Entry Zone in the Swiss has been Open since the middle of last
week...Key North break @ 1.2040<>1.2080 to advance onto 1.2120<>1.2150 Zone...with extension Usd/Chf Buy's @ 1.1977<>1.1990 Zone

We are @ a Major USDollar Low in the Swiss as indicative of this Basing with improving US GDP/Industrial data with a FED containment on inflation...that's the facts...does the Market Buy or Sell...our Position is above and we are still waiting going into a 5th Day's Session.
The Usd/Chf has a Low @ 1.1961 and I have added Swiss Buy's @ 1.1977<>1.1990 along with existing Usd/Chf Buy's @ 1.2005<>1.2008 and 1.2010 for a Key North break @ 1.2040<>1.2080 to advance onto 1.2120<>1.2150 Zone.

IRIS FX
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Old 18-07-2007, 09:14   #5831
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Re: Sell Eur/Usd

I think the safest buttom to press now is the Buy on the USDCAD, it has the most clear reversal confirmation.
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Old 18-07-2007, 18:45   #5832
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Re: Sell Eur/Usd

Bored here
here is a analysis of the euro.


15 minute chart
Still stuck in a bullish price channel

1 day chart
Possibility of an upsurge creating a divergence scenerio like the previous two dates
If price remains the same the rest of the week
I think price will be able to break the channel and go down
RSI is serverly overbought

The major resistance area is 1.3840 on the monthly
If this area is broken the next major resistance area is 1.4000

which would in turn create a major divergence on the daily


Weekly chart shows the price channel
Hard to tell where the exact top will end up
but eventually will fall like previous dates
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