DislikedI think I was talking about average daily range....mines is at 118 pips but can't see how that will be achievedIgnored
Here may be useful info and indies for you ..
EurAnalysis Kindergarten 24 replies
DislikedI think I was talking about average daily range....mines is at 118 pips but can't see how that will be achievedIgnored
DislikedTough one.
Since Europe is in this crisis I'd say that every single resistance is serious. But the ones that will hold?
Let's assume this is now uptrend (which is surely not confirmed yet). I'd say closest is 1.30 - not so much technical or fundamental way, but psychologically.
Next ones:1.353 - Novembers turn point (Lets not forget that traders do look history...)
And then 1.41 absolutely holding resistance - no doubt. To get there I'll say lot of money must flow in Euro river... It also needs that Mr Sarkozy and Mrs Merkel stop bouncing...Ignored
DislikedBefore I went To Bed I put on a short at 1.27879 and I got taken out at 1.27706 for 17 PIPS at 2:54 AM.
This mornings pattern was an inverse one where it rose until 2:30 AM and then it reversed on my 15 Minute chart down to 1.27415 until 3:30 AM.
As Europe went Positive it hit a high of 1.2809 and hence I asked about Resistance at 1.2813 and above.
I now Follow the Dow Futures showing up at 96 now and note Strength in Gold at $1628 US Up substantially.
My thinking now is where and when to short EUR/USD as I watch to see if the...Ignored
DislikedI see from IFR Market Charts next Resistance is at 1.2847 or Round Number 1.2850
These are times where EUR/USD might move to 1.2850 ?
The operative word is MIGHT ?
I also watch EUR/JPY at 98.38 now with High at 98.44...
At 6:00 AM EST I will start to Monitor US Bond Yields on the 2 Year and the 10 Years.Ignored
DislikedTough fight
1. 1.2810 cross and staying above
2. 1.2860 cross and staying aboveIgnored
DislikedHi GP - is this what your looking for - the grey market profile type indy on the RHS of the screen - the look period back can be set, so with a low setting it would show more as a real time indy. This shot is set at 500 bars.....its attached....
Cheers
IslanderIgnored
DislikedEUR/USD managed to probe to a 1.2810 High amid the 1.2800 Expiry Option.
Fresh offers are seen THICK from the 1.2829's to 1.2850/s and signs of fatigue are looked for.
Dow Futures Up 104 now and Yield on 2 Year US Bonds is .25% and 10 Year US Bond is at 1.98% with spread at 173 Basis Points. Gold STRONG at $1630 now.
EUR/USD at 1.2802 and EUR/JPY is at 98.36Ignored
DislikedI see from IFR Market Charts next Resistance is at 1.2847 or Round Number 1.2850
These are times where EUR/USD might move to 1.2850 ?
The operative word is MIGHT ?
I also watch EUR/JPY at 98.38 now with High at 98.44...
At 6:00 AM EST I will start to Monitor US Bond Yields on the 2 Year and the 10 Years.Ignored
DislikedWith my trading plan I see a significant cross on the 4hr chart...I do not trade this chart because I am a short term trader but can anyone shine any light on what I'm looking at?Ignored
Dislikedjust covered as it the Bollinger on a 5 Minute with Sar went red...
My sense now is 1.2815 is good resistance as long as Dow Futures stay below 125 !!!Ignored
DislikedI'd say BIS is moving markets now. They sold at 1.28050 and caused price to turn down.Ignored