Search results

I am still Long and not budging. My view has not changed. If I get out I will let you know. I am still Long at 1930 and 1876. I am also Long JY fairly heavily. DRT

Last but not least, the star of the show....Da Bonds. Posied at the bottom of the channel. Bounce up or failure to the downside?

Dollar Index. Regression Channel connecting the 1985 high to the 2001 high. Same story. Moments of truth are fast approaching. Looks like it is set up to move down, but a thrust upward into the top channel would be very powerful most likely. DRT

Set up an experimental desktop for a while. Keep a 240 minute chart up. Start to try to define support and resistance and watch price action on your estimates. Give a man a fish he eats for a day, teach a man to fish he eats for a lifetime

The Daily chart belowis the expanded version of the weekly chart. What I find interesting here is that we moved below the median line before the end of the year and bouced strongly up to the 1.23 area. Now we are testing it again. We have a small double bottom working here and you would think...

Hey Marc....thought of you on this one. I don't know if you looked at any of the charts I have been posting in the other thread I mentioned. But I keep this one up on my desktop all the time. This Weekly chart represents a regression channel connecting the 1998 high and the December 2004...

Methodolgy Development Thanks for reminding me about this.... People will see many differnent things when they look at this chart. When developing a methodology, longer term lookers may see a sustained trend. This is certainly valid and after all don't you always here how currencies tend...

Good synopsis BLR. I think this is a valid plan and good luck. I would like you to consider something. I think mostly every other trader in the Euro world is waiting for that low to be taken out. It is the easy conclusion to make and more importantly the most obvious...... It has been my...

Can you explain why you have positioned the box labeled "4" where you have it. Why not at the pullback high that proceeded it?

Da Bonds. Poisded for a Bounce at the bottom of the channel or is it a drop below? DRT

:p he he. No need for that, I will just schedule when the market is closed.

Just keep in mind that indicators are lagging tools. It is the price that leads and makes profits. Once price moves up on a weekly chart, then the indicator will follow.

I was really just planning on checking in once a day and re-setting stops, etc. I would not consider trying to trade live. Best bet would be to close up shop before I leave I guess.

I know this is a little off the wall, but I am leaving next week for a cruise down in the Caribbean. Headed out on Royal Caribbean Cruise Line.(RCCL) I have never needed to worry about this before, but there is a chance I may have some postions that I want to keep an eye on while I'm gone...

I did not think he was talking about the $Index. Sorry. Was thinking EURUSD currency. DRT

I won't comment on the 1.40 prediction, but I am long. I added to my positon late Friday at the bottom. I posted several long term charts (just for the fun of it) in this thread if you want to take a look. The View Down River

I think this is certainly the most prudent thing to do. I am a very high risk trader and in no way am suggesting you should do anything other than this. I really do not disagree with any of your strategy and explaination but........ I am long here. Let see how things work out. Good luck...

I think this may be the lowest price you will see for a while. I am raising my target to 1.2530. :eek:

Yes. I am still long one postion from 1.1930 and I just added at 1.1876. Looks pretty bad I guess. Let's see. I have some traveling to do in the next several days, so I am positioning for a little longer hold time. The Euro is going up and the Yen is going down. I am sure of...