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yellowlion · Oct 29, 2009, 04:44

Quote:

Originally Posted by yellowlion

filled 1 long @ .4747...
filled 1 long at .4715...

Good Morning All,

A little trade management later and I'm holding 1 long at .4712 b/e with a $0.00 profit balance. Orders are in and pending.

Catch you in the US morning.

yellowlion · Oct 29, 2009, 14:56

Hi All,

Had a target for the trade at .4812 and per the way things have been going lately they got in front by 4 pips so I closed at .4792 for 80 pips.

Have a great day.

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Well no sooner said and they had the strength to take it to .4812. No bad...there was good resistance and a valid reason to close 1 lot.

Kinda strong here.

yellowlion · Oct 30, 2009, 05:21

Good Morning All,

Well I may call it a month. I'm happy with +16.58%. They just kept stepping in front of me. Kind of frustrating but at least I didn't lose my head.

Happy Halloween.

FXWizard · Oct 30, 2009, 10:22

Ha ha, Happy Halloween Yellowlion!!! Beware of the Forex witches!!! BTW, which Vincent Price's film is the picture above? Any Poe's story? I have it on the tip of my tongue!!!

Regards,
FXWizard

yellowlion · Oct 31, 2009, 02:35

Quote:

Originally Posted by FXWizard

Ha ha, Happy Halloween Yellowlion!!! Beware of the Forex witches!!! BTW, which Vincent Price's film is the picture above? Any Poe's story? I have it on the tip of my tongue!!!

Regards,
FXWizard

Hi Wizard,

I'm thinking that is a promotional shot from "House Of Wax" but I could easily be wrong.

Gonna spend the next couple evenings watching Vincent do his abominable things so I may know by the end.

Have a great weekend Mr Wizard, I'll call on you if the FXWitches swoop in. Or maybe not...

wwwin · Oct 31, 2009, 16:33

I was looking at the fibs on the hourly, and we are currently right at 61.8 % retracement. A bounce from here shoud take to 50% retracement around 1.4800. If it goes lower from here and goes below 1.4680, it is a good sign that the bears have taken control for a while.

yellowlion · Nov 2, 2009, 06:12

Good Morning All,

Hope everyone had a splendid Halloween weekend.

This month, I believe the US Dollar can show more strength than what we have seen already.

I think the Dollar Index will make 78.30/79.30 before the first half of November is over. That may be all there is for the current strength. After that we will have to wait and see.

Oil looks to support at 75.00. Gold is just overbought.

10 year US benchmark futures continue to print higher lows paving the way for lower rates.

We'll see if the S&P's cant hold the low at 1019.95 as it becomes near-term oversold into the first half of the month.

As such, I don't see why .4529 EURUSD can't be realized as an initial downside target. Right now we are working off an oversold condition that may take the pair into shorting territory.

Here we go into Thanksgiving. Let's harvest some pips.

wwwin · Nov 2, 2009, 19:34

EU, News good for but can't seem to keep up the momentum, and can't seem to break 61.8 fib on downside. Range trade. Then go with breakout.

yellowlion · Nov 3, 2009, 05:03

Quote:

Originally Posted by wwwin

EU, News good for but can't seem to keep up the momentum, and can't seem to break 61.8 fib on downside. Range trade. Then go with breakout.

Hi wwwin,

I would ask that you kindly post your analysis in your own thread. I would have asked you this privately but you have blocked private messages.

Thanks Much.

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And Good Morning All,

Logistics day so no involvement for me yesterday. I had a sell order at .4877 but it went only to the now legendary .4844. That level still carries some weight...117 pips worth yesterday midday.

In reality I have no feel for the market right now so I'm gonna spend some time re-connecting.

Will post if a light comes on.

yellowlion · Nov 4, 2009, 05:50

Good Morning All,

Well I've been lollygagging around these markets. Nothing looks especially interesting to me. I would like to see EURUSD higher and I think I will. Some extra logistical stuff the beginning of this month has me preoccupied for 1 more day.

Went on the hunt for scalps for a couple hours during mid-US at the coffee shop and again early/ mid-Asia for a grand total of 2 pips.

We're a little overbought short-term but we may be able to extend things a bit. I'm really not interested in what's being offered right now.

Catch you later.....

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