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- Shadowfx replied Jul 21, 2008
DJI open is strong...my eye on oil...if it breaks below 128-127...then the real fun starts....
...in the first resistance areas now...early days...EURUSD
- Shadowfx replied Jul 21, 2008
Market prepping for a larger move imo.... Oil coming down towards 130, 129....Eur settling around 1.585... Larger moves to start when DJI opens in less then 30min... If we get more and a response on the already positive earnings today from financial ...
EURUSD
- Shadowfx replied Jul 21, 2008
Not a lot on the economic calendar for today..but can be misleading We seen a lot of economic calendar price action been ignored last week but movements on mainly oil & stocks... Earnings of another few major financial institutions will be released ...
EURUSD
- Shadowfx replied Jul 21, 2008
Good morning...I reanalyze my positions everyday...1.585 towards 1.59 is not long for me..its a nice 50 pip scalp..within the rangebound (1.58 - 1.59) Oil made a small upwards move towards 131 and seems to retrace again (retrace down that is...) I'm ...
EURUSD
- Shadowfx replied Jul 18, 2008
Dinner Time here...will check up just before US closing.. Enjoy your weekend all...
EURUSD
- Shadowfx replied Jul 18, 2008
A possibility...Oil on it's knees at 128.5 for a possible outbreak downside, DJI up 11.500 for possible outbreak upside...if..then EUR should fall.. Very thin trading at the moment..low volumes..combination of Friday PM and seems to be hesitation ...
EURUSD
- Shadowfx replied Jul 18, 2008
....Barbie moves the stock market... Mattel Inc. (MAT) reported a 48% decrease in second-quarter net income as domestic sales continued to fall. The toy maker did recover from a troubled first quarter... Barbie, Mattel's flagship franchise, ...EURUSD
- Shadowfx replied Jul 18, 2008
Mmmmm...
...are we going into the weekend settling down at 1.585 once again, proven to be strong level...DJI easing down a bit...Oil...holding up well above the 129 level..tempted to say we have Status Quo for now...unless Oil gives us a ...EURUSD
- Shadowfx replied Jul 18, 2008
DJI 11.500...resistance now, OIL 129$ resistance now...we at a crucial point here imo....make or break....
Just my 2 cents...EURUSD
- Shadowfx replied Jul 18, 2008
Have a look at the DJI H1 Chart...what you think will happen if Index breaks 11458....the 26th of June low...freeway up to Monthly Pivot at 11800...with as result..Oil more south..EUR more south...any opinions..?
EURUSD
- Shadowfx replied Jul 18, 2008
Always possible......my trading week ends on Friday after US session closing...if no triggers..so be it...if there are..I can choose to trade them or not..all depends on your trading style I guess...
EURUSD
- Shadowfx replied Jul 18, 2008
Back to business... DJI slightly lower in opening...hence the retrace of the EUR Oil back to around 131$... Ranging around keylevel 1.585 for now... Watching DJI & Oil, if DJI picks up more steam...like yesterday...I will short EUR once again On the ...
EURUSD
- Shadowfx replied Jul 18, 2008
Loss....where?....
..Just kidding.. We all have to accept a loss once in a while...I try to convert them into a calculated loss...no need "crying over spilled milk"...part of trading...
EURUSD
- Shadowfx replied Jul 18, 2008
Love it how views can differ...
If I dont see it break the Daily & Weekly upwards in this retrace...I'm adding shorts around this level... Just my 2 cents....EURUSD
- Shadowfx replied Jul 18, 2008
Locked in some profit at 1.581..Oil at Daily LTL support of 129.5...EUR has support at 1.58...if a retrace will be from here..imo...better lose 10 pips profit then take my chances on a sudden retrace upwards...on sideline for now, with still some ...
EURUSD
- Shadowfx replied Jul 18, 2008
Oil found some support at 130.55, stalled EUR south...lets see if it holds again...or if US open will push down all the way...
EURUSD
- Shadowfx replied Jul 18, 2008
Interesting situation now....EUR is directly under both Daily & Weekly Pivot...any chances of recovery today will melt if it stays there to long...still short here..T1 at 1.58 Just my 2 cents...
EURUSD
- Shadowfx replied Jul 18, 2008
In the right corner...The Heavyweight Champion of World...USD...in the left corner..The Undefeated Challenger...EUR.....place your bets now...for the final round of the week...


No commentary necessary..just watch it on your screens live ...EURUSD
- Shadowfx replied Jul 18, 2008
In your signature..."Good to remember" url Time Tested Classic Trading Rules for the Modern Trader to Live By, by Linda Raschke Great link...

EURUSD