Navigation

Prev Story | Next Story

  • Weekly preview - Sell the Euro rally

    From investica.co.uk

    Read Full Story at investica.co.uk

    It is a case of déjà vu again and again this week as Greece will inevitably dominate the headlines. It will basically come down to German Chancellor Merkel’s decision whether to push ahead with a deal package which totally lacks credibility or whether to put Greece out of its misery now and gamble with default and Euro exit. It looks increasingly likely that Germany is prepared to take the gamble and let Greece default. If, however, the Eurogroup does decide to prolong the agony and approve the loan deal on Monday, then any Euro rally should be seen as a huge selling opportunity. The Eurogroup of ... (full story)

    • Guest

      IP XXX.XX.65.2
    • This is the third article I've read today talking about euro weakness/selling. You know what that means? Buy buy buy :-)

    • Guest

      IP XX.XXX.98.188
    • But why is the Euro up before the market open? It should have been 200 pip down at least.
      The marked is funny, have they really think about IMF and their less antribution in this "game" or possible standard?

    • Mike Haran

        802 posts
    • You can be sure with headlines like this it will continue to rise.

    • jonahky7

      4,531 posts
    • That's right, risk on. At least such headlines are better than those tech analysis from fxtimes, lol. Good luck to your trade Mike.

      Germany FinMin has tone down his critism on Greece today, looks like a go deal tomorrow.

    • Guest

      IP XX.XX.132.7
    • China news is bullish for risk + no bad news = eur short covering
      I'm waiting from the start of the year to sell at 1,35-1,36. From then onwards i'll bet my house on the euro crash. Now still too many shorts around.

    • Guest

      IP XX.XX.123.11
    • dear friends
      it is clear that the e/$ will go north, because, on monday opening, the CHF/$ will move the market not any thing else, if this pair is down, that is meaning, simply e/$ will go north, and look , only for few tfx15 min x 6 to 8 only, then it will be held by the bankers in asia, then it will go down down down , i mean the e/$
      now as i have expetcet the e/4 is north, wait another 15 min x 6 to 8 bars, then it will go down - check now the curve-chart and say hi hi hi Samer

    • toptrader11

      308 posts
    • Eur/USD It fail to break though the 1.32 level. So as long it won't break this level. The trend could be down.

    • Guest

      IP XX.XXX.169.20
    • Any one have any info on euro/ yang..i shorted it last week and now im in a big loss..will it go back down?

    • Tw0eleven
      Tw0eleven's Avatar

      1,666 posts
    • Hhmmm...EU 1.3205. There goes that theory. :-) so many people looking to short, that is why it will go up.

    • wawasalsa

      474 posts
    • well, short from here and take 50 pips untill europe open

    • Tw0eleven
      Tw0eleven's Avatar

      1,666 posts
    • How's that short working out for you wawa?

    • kostakaini
      kostakaini's Avatar

      11 posts
    • papadimos is aproaaachiiiingggg )))) up up

    • vian8989

      1 posts
    • heeemm this is short or long bull??

    • wawasalsa

      474 posts
    • i did not yet!
      Quoting Tw0eleven
      How's that short working out for you wawa?

    • wawasalsa

      474 posts
    • seems going to 1.3270/80 with asia

    • Tw0eleven
      Tw0eleven's Avatar

      1,666 posts
    • Just my observations...while I personally don't see how Greece can pay its debts and should default, my opinion doesn't matter. Europe is supporting Greece, china is, japan, and the US. Shorts just aren't the play unless something major happens to spoke the markets.

    • turanius

      355 posts
    • Wow,..I just finished the middterm and intraday analysis and can tell you guys one thing only: This is a huge short trap manipulating the EUR higher until enough traders have the conclusion that the EUR is going up and buy, just to slam it down (by the central banks)! if you have long positions...close it before it is too late, because you will not have time enough to close them sometime tonight when it slams down so fast or so slow that you will think that it will come back up again, while getting deeper in red!

    • wawasalsa

      474 posts
    • thanks for the advise
      Quoting turanius
      Wow,..I just finished the middterm and intraday analysis and can tell you guys one thing only: This is a huge short trap manipulating the EUR higher until enough traders have the conclusion that the EUR is going up and buy, just to slam it down (by the central banks)! if you have long positions...close it before it is too late, because you will not have time enough to close them sometime tonight when it slams down so fast or so slow that you will think that it will come back up again, while getting deeper in red!

    • tradingpalu

      80 posts
    • Quoting turanius
      Wow,..I just finished the middterm and intraday analysis and can tell you guys one thing only: This is a huge short trap manipulating the EUR higher until enough traders have the conclusion that the EUR is going up and buy, just to slam it down (by the central banks)! if you have long positions...close it before it is too late, because you will not have time enough to close them sometime tonight when it slams down so fast or so slow that you will think that it will come back up again, while getting deeper in red!
      like this !

    • jonahky7

      4,531 posts
    • sssshhhhhhhhhhh the manipulators are looking at this forum, don't tell them we know...... it's typical



      Quoting turanius
      Wow,..I just finished the middterm and intraday analysis and can tell you guys one thing only: This is a huge short trap manipulating the EUR higher until enough traders have the conclusion that the EUR is going up and buy, just to slam it down (by the central banks)! if you have long positions...close it before it is too late, because you will not have time enough to close them sometime tonight when it slams down so fast or so slow that you will think that it will come back up again, while getting deeper in red!

    • jonahky7

      4,531 posts
    • buyers at 1.317, more at 1.3145 Enjoy the up and down till tomorrow morning - it's a slow and gradual fall, but expecting rally in the early hours again.

      Expect risk on still on.

    • Guest

      IP XX.XX.91.6
    • Quoting Guest
      This is the third article I've read today talking about euro weakness/selling. You know what that means? Buy buy buy :-)
      yeah join the fooool buyers

    • chick3n420

      63 posts
    • waiting for price action at 1.325/1.328 ^^ good luck all. hope you're all on the right side of the market.

    • turanius

      355 posts
    • Quoting chick3n420
      waiting for price action at 1.325/1.328 ^^ good luck all. hope you're all on the right side of the market.
      expect rather a price action @1.3183 downward, since the consolidation has already started and will probably continue the downward correction from here

    • tradingpalu

      80 posts
    • its goin south fastly, f**k the greece, foool everybody

    • wawasalsa

      474 posts
    • Quoting tradingpalu
      its goin south fastly, f**k the greece, foool everybody
      not yet ..you will get your chance ,,,

    • grandia

      131 posts
    • hmmm... buy the rumour sell the fact?

    • Guest

      IP XX.XXX.34.145
    • Me,I'm a little old fashioned,I've got 4 timeframes on.
      The 4hr,1 hr,15 min,5 min.
      The MA's are the 15 ema,50 sma,100 sma,and the 200 sma on all charts.
      The Indicators are the MACD and Stochastics both on standard settings.
      I use candlestick charts.
      The news is set to Forex Factory and an optional vocal newswire through ZeroHedge.
      I look for divergence opportunities and major news opportunities as a swing trader at 50:1 leverage
      It's that simple.
      "there's never a bad time to take a profit."

    • turanius

      355 posts
    • Quoting grandia
      hmmm... buy the rumour sell the fact?
      No, get as much retail traders money as possible by manipulating the currency market.

    • jonahky7

      4,531 posts
    • asia stock rose - good stuff for the pair.

    • jonahky7

      4,531 posts
    • damn stayed up for 3 hours for only 95pips buy and sell - slow. Packing up going to bed now.

    • tradingpalu

      80 posts
    • Quoting jonahky7
      damn stayed up for 3 hours for only 95pips buy and sell - slow. Packing up going to bed now.
      dont worry it will gonna down for big bearish soon.. greece will begin th eur collapse
    • Feb 19, 2012 9:57pm | Edited Feb 20, 2012 1:00am
    • #34
    • Quote

    • Sanguis

        2,137 posts
    • EURUSD: There is a little gap between 1,31439-1,31532. AUDUSD huge gap gapes.
      This should go down 1,315 at least.

    • Guest

      IP XXX.XXX.10.14
    • Why bother to analyse, just follow the technicals. If your indicators show bulls, then go long, if rbears then short it. Just remember to put a s/l .Unsure? ..then wait till your're sure.

    • timandrobin
      timandrobin's Avatar

      51 posts
    • I have been short this pair since last week, am betting the euro will crash soon

    • Guest

      IP XX.XXX.164.54
    • So what you guys are sayin to buy buy buy lol

    • jsmitty

      1 posts
    • It's at 1.32 now, Still a buy buy buy?

    • Sanguis

        2,137 posts
    • Uk's ftse 100 seen opening up 0.8 pct, germany's dax seen up 1.1 pct, france's cac 40 seen up 1.1 pct -financial bookmakers

    • valim1975

      21 posts
    • US holiday... normal...limited sell oportunity at 1.3225...

    • tradingpalu

      80 posts
    • sell oportunity is now.. before the london session, it will goes down..to the real fact.

    • Sanguis

        2,137 posts
    • Will he be DOW above 14000? Unbelievable what is done. EURUSD a Dutch name flung it up in the evening yesterday the 1,3236. one single dealer. Liquidity equal with the zero.

    • valim1975

      21 posts
    • london analysts see that Greece will take the 2nd trance. target for friday : 1.3285 to 1.3438....even if I don't belive I will see 1.35 before 1.30. We will see...

    • Mike Haran

        802 posts
    • Quoting Mike Haran
      You can be sure with headlines like this it will continue to rise.
      You can see why these jokers have to write articles, these calls are just pathetic. Had you sold you would be looking at a nice loss now of about 118 pips. Not to say selling a rally might not be a good idea just when is it going to end.

Top of Page

  • Story Stats