Good to see you back.
I put bearish scenario in favor, but we'll see in couple of minutes :-)
Anyway, after my MT4 upgrade I find it really complicated to upload any screenshots from charts.
Anybody experienced the same?
Read Charts - Not Papers
EurAnalysis Kindergarten 24 replies
Disliked{quote} Hey PT... Good to see you back. I put bearish scenario in favor, but we'll see in couple of minutes :-) Anyway, after my MT4 upgrade I find it really complicated to upload any screenshots from charts. Anybody experienced the same? {image}Ignored
Disliked{quote} Hmmmm...... Not that I understand why its unfinished though. We broke it on 14: of feb and retested it on the 20. To me it looks finished. Do you want a retest after the 20:th feb?Ignored
DislikedSo..what happened later? Good US numbers pulled it down and then it recovered well. GBP testing Monthly resistence near 1.5600-20 do you think its gonna breach it today?Ignored
DislikedScenario 2. If the 1.3230 important area holds and offer significant resistance, we could see a move lower due to the “sell in May and go away” effect, as well as, a reaction to BCE lowering interest rates to 0.5% on Thursday. In that case we price could move lower to retest the 1.2980 area (or lower)....Ignored
DislikedWe see on the 4 hr EU a bearish rising wedge. Here is an example copied from babypips.com {image}Ignored
Disliked{quote} Good question. I think we will see a risk-on trade last until mid week next week. Whether or not the GBP follow suit is a tough guess. I say 1.5590 will still cap the move, but we'll have to wait and see how much gas this risk-on rally has. I'm gonna short the SP500 at 1625 like JK is suggesting... >> http://www.jkonfx.com/fx-daily-briefing/Ignored
Disliked{quote} Waiting to "Sell in May and go away"? I believe that we are will see a drop in SP500, cable and fibre this month. Its just a matter of time... I don't trade the SP500 and are only looking to trade the trends in fibre and cable (even though I took a small short at 1.5572). The trends in both Fibreand cable are bullish (looking at the daily chart). Fibre has a lower trend line that is intact. Not looking to short until its broken. Cable is trading in a larger upward trend channel. The price is now at the upper trend line and at the 50%...Ignored
Disliked{quote} My 1625 short on SP500 has been triggered. Cable looks like it is rolling over and I am short 1.5590 & 1.5470 . I think Fibre will be next, but probably a final push up first to the high 1.32xx to low 1.33xx zone. Sell limits waiting in that area. I am also long EUR/AUD at 1.2333 and 1.2393. Also short AUD/USD at 1.0529, 1.0471 and 1.0375 Just waiting for a nice big Ka-ChingIgnored
Disliked{quote} Sounds good. I'm short cable and long USD/JPY (and locked in in case we get a push lower). Also looking for AUD/JPY and AUD/USD to come down more before longing these again. Will add to my cable short if we get a break of the lower line of the trend channel. Happy trading.Ignored
Disliked{quote} Sounds great. I am waiting for AUD/USD to break below parity in the 0.98xx zone before considering a long. Reason is that I fully expect the RBA to cut rates further. Anyway, happy trading to you also.Ignored
Disliked{quote} My 1625 short on SP500 has been triggered. Cable looks like it is rolling over and I am short 1.5590 & 1.5470 . I think Fibre will be next, but probably a final push up first to the high 1.32xx to low 1.33xx zone. Sell limits waiting in that area. I am also long EUR/AUD at 1.2333 and 1.2393. Also short AUD/USD at 1.0529, 1.0471 and 1.0375 Just waiting for a nice big Ka-ChingIgnored
Disliked{quote} What is the instrument behind your SP500 trade ? Cause june futures never hit 1625.Ignored
DislikedI think you are correct in RBA cutting rates further, but I also belive they will start hiking the rate before the FED. Are we out of line here? This is not Euro talk? {quote}Ignored
Disliked{quote} You're right. It's not Euro talk, but the Euro is stuck in a tight range. So, instead of repeating myself about how the Euro has gone into a coma, I figured I would expand into other areas {image}Ignored
Disliked{quote} For 3305 to short -= big resistance and very good shorting opportunityIgnored