Disliked{quote} Yeah, all I see is a retracement back up to 1.2700 in this kind of market. I think going short here for a few pips here and there is bad risk/reward - I could be completely wrong.Ignored
The Thief of Wall Street
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Disliked{quote} Yeah, all I see is a retracement back up to 1.2700 in this kind of market. I think going short here for a few pips here and there is bad risk/reward - I could be completely wrong.Ignored
Disliked{quote} at the moment its all about the next set of results (german unemployment data/PMIs) and the US later on...Ignored
Disliked{quote} It should retrace to 1.2700, but may be in a few days. The way it is going down at the moment, seems unstoppable. Once it hits something hard, I plan to go long. There is no fundamental justification for it to go 1.2000, may be somebody is trying to create that justification, but at least not yet.Ignored
Disliked{quote} yes. With Yellen, I doubt she will say anything to further spur usd strength. I'm fairly certain they're not entirely happy with it's strength.Ignored
Disliked{quote} Agree. Despite economic disparities, I don't sense sufficient conviction towards further downward moves.Ignored
DislikedAs I told before. It's not easy to turn back from this kind of level. Technically daily TF was the culprit that push down this pair and now it's renewing its power. Any spike up will pull down by next day.Ignored
DislikedAs I told before. It's not easy to turn back from this kind of level. Technically daily TF was the culprit that push down this pair and now it's renewing its power. Any spike up will pull down by next day.Ignored
Disliked{quote} Yes I dont understand why not just look for short? So much easier! and higher prob as of the time beingIgnored
Disliked{quote} Because few crazy traders want to retire in 2017. These are two out of few possible scenarios. Number of scenarios keep on increasing and getting fragile as one moves to smaller time-frames. {image}Ignored
Dislikedwe back to bearish move.. just like that.. just single word from yellen we back to bearish market what a freaky lady.. draghi will be happy for that, dont forget draghi try to weakening EURO.. its hard for buyer but thats the fact.. scalping short mode on..Ignored
Dislikedthe euro keep falling as break the key support at 1,2750. Now at 1,2599 it's in near the key support @ 1,2626. Fed yesterday confirmed the end of QE, which means less dollars in the market so it's very bullish for the USD and very bearish for EUR, plus ECB easing for a long time. So, fundamentals are very bearish and the the average forecast from analyst's for 3Q15 is 1,2250 and for 4Q14 is 1,2590. The euro has a weekly pivot point @ 1,2704 and now the price is looking for the support 1 (S1) @ 1,2576 and support 2 @ 1,2477. Above 1,2704 should look...Ignored
DislikedThe size and direction of the move demonstrates that although expected the FOMC decision yesterday was not fully priced in The time of the move (outside European markets) leaves open the possibility of a further step down today this is the easy method.... the trend down remains in tact so sell rallies for short entries this is harder method.... try going long and enjoy the short rallies with limited profits whilst constantly exposing yourself to that next step down.....Ignored