Chinook's EUR/USD (E/$)Mumblings

fandelem · Nov 10, 2004

Quote from chinook:

@&*%@#+*&

WAiting for a bounce back to high 40s with weak volume...

Did a quick short. Now got in long. I'm getting short term chop signals here.

I'm long around 1.2930 for short term as well ;o)

fandelem · Nov 10, 2004

Quote from fandelem:

I'm long around 1.2930 for short term as well ;o)

"Fresh all time high made at 1.3005 but sharp reversal lower seen from here and
the long trade has been stopped on on the dip back below support at 1.2940.
The daily charts continue to ignore overbought levels and there remains scope
for further topside action. 1.2870 now the next support level eyed. (AS)
[14:32 GMT]
"

chinook · Nov 10, 2004

Quote from fandelem:

I'm long around 1.2930 for short term as well ;o)

I have a feeling that it might pop up to 60s...

fandelem · Nov 10, 2004

Quote from chinook:

I have a feeling that it might pop up to 60s...

I agree. I just wish I had put a little more in. Ahh well. Better to be conservative when first starting out, I always say! :>

chinook · Nov 10, 2004

Quote from fandelem:

I agree. I just wish I had put a little more in. Ahh well. Better to be conservative when first starting out, I always say! :>

Damn , this little chop is driving me nuts!!!

Ended up getting stopped out!

V-Viper · Nov 10, 2004

I'm going to wait it out alittle before I go long.

fandelem · Nov 10, 2004

Well the sudden drop was definitely unexpected ;o)

illiquid · Nov 10, 2004

I think a test of 1.2860 is in the cards.

V-Viper · Nov 10, 2004

Going to see how far the market will go down, then go long, thinking maybe 1.900<

chinook · Nov 10, 2004

I hope this bounces to 20-25, then I'll short. No more longs for a while...