If german Ifo Business data comes +ve then Euro surely surge to 1.3470-1.3490 level...
DislikedThis week somehow is almost the copy of the past week (charts of USD/JPY, EUR/USD, EUR/JPY for example). and any news is just noisy background , that can be created and interpreted by the market from differents points (and with different logic)... just the charts, looking like twins.Ignored
DislikedIf you wonder why EUR is surging up ... ?
Because EUR is the only rate going up: http://www.kshitij.com/graphgallery/eurlib.shtml#eur
USD is going down:
JPY is going down even some more:
Obvious conclusion is, EUR is the place to be. And JPY is the place not to be. Keep that in mind whenever you even think of going EUR short. Think twice. Or 3 times.Ignored
DislikedThe "big resistance" is at 1.3480 and even there I am scared to death to go long the dollar.Ignored
DislikedThat's precisely what the bullshit "Euro is dead" news fabricators are hoping for, send traders to the dustbin
I wouldn't seriously consider shorting this SOB until 3480.Ignored
DislikedProbably submerged in a sunken titanic with a big yellow submarine which it is commonly known as. When it is in red, it jsut disappear with no sound, lost sonar signal. When a miracle comes by, you will see where it is as its foghorn will start to fart arrogant comments.Ignored
Dislikedi remember something it said laughing last week or so, "What happened to 1.35 eur bulls?" lol, looks like they banked once more bahahaha!Ignored
DislikedYes I think I saw that duff comment somewhere as if that trader has a solid crystal ball.
I stopped long at .3403 this morning - missed the second part of the train, doesn't matter. What matters to me is I'm in GREEN pips.
Cautious about longing now, corelated .3370 to SP500 1500 yesterday and "overbought" conditions at the moment, so shorting till 10:50am before LTRO announcementIgnored
DislikedFully agree, i also banked half my positiom at 3408. Just trailed stop at 3422 for the rest of whatever she gives. Nice trading buddy! Yeah, one should be already long, entering now not a good idea at all. Who knows when BIS decides to sell some lolIgnored