The slide should resume around that level. I will be on the side lines then and re-enter short at break of 1.3940 on the way down after we hit 1.3980 first.
"I am convinced that He (God) does not play dice." - Albert Einstein
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DislikedWe shouldn't see 1.4 ... selling interest is too overwhelming at that level .. 3 big swiss sell orders total 1.3 yards, ACB's selling interest noted there too, not forgetting BIS sell orders are clustered at 1.4.
The slide should resume around that level. I will be on the side lines then and re-enter short at break of 1.3940 on the way down after we hit 1.3980 first.Ignored
Dislikedyou mean today ? i think we can reach it.
it is an important level but. we've been there before.
but for me 1.396 is an important level +- some pips.
let's seeIgnored
DislikedTime to reload the longs, dip buying for me, building position with long entries below 1,3880. Target would be a new high, market should bounce around 1,3865 ( stops below 1,3834 should be fine).
A close below 1,3913 today would signal failure, and would have me leaving the bull camp, until then, playing the trend... until it really bends.
USDX 1H crossed up the 200sma, let's see if that really sticks...Ignored
DislikedWe shouldn't see 1.4 ... selling interest is too overwhelming at that level .. 3 big swiss sell orders total 1.3 yards, ACB's selling interest noted there too, not forgetting BIS sell orders are clustered at 1.4.
The slide should resume around that level. I will be on the side lines then and re-enter short at break of 1.3940 on the way down after we hit 1.3980 first.Ignored
DislikedLong position still look ok, let's see if USDX continue to weaken or rebound...
Be careful with the EURUSD shorts, imho.Ignored
Dislikedyou mean today ? i think we can reach it.
it is an important level but. we've been there before.
but for me 1.396 is an important level +- some pips.
let's seeIgnored
Dislikedyou should probably stop plagiarizing from forexlive.com, im sure those guys wouldnt be happy......Ignored
DislikedI tell you the truth, we take out the guys at 1.4, the sell off is officially off for the week. The guys at 1.4 are very heavy - if taken out, their stops are at 1.4015 and once triggered, the previous rally will continue to target 1.41 and above.
Taking out 1.4 sellers will cause a short covering panic among dealers. China still buying - have a target of 150 pips from lows .. let's see if they will out-maneuver 1.40.Ignored
Dislikedwe'll see. don't really care who's selling or buying on FX. all I care is price action. So I try to avoid "news" like Big European order is coming. trader talk, trader rumors. what ever. not for me.
China buying china selling. China hedging.
I had my 1.396 print btw.Ignored
DislikedNot really, they know nothing about the swiss 1.3 yards at 1.40 - the ultimate hallmark test for the rally.
The forexlive guys do not offer a conducive platform to challenge their views. So, I should mention them and then challenge the opinions in an open forum.Ignored