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  • EURJPY sellers – Middle East names cited

    From forexlive.com

    Hearing Middle East sellers behind that move on EURJPY; Good demand at 124.50 but beware stop-loss sell orders below

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  • Comment #1
  • Quote
  • Feb 19, 2013 2:40am Feb 19, 2013 2:40am
  •  ffmonry
  • | Joined Feb 2013 | Status: Member | 181 Comments
minor support at 124.70.. if it breaks then all the way bearish
 
 
  • Comment #2
  • Quote
  • Feb 19, 2013 2:40am Feb 19, 2013 2:40am
  •  k3nshinz3139
  • Joined Oct 2012 | Status: Chart can tell you everything! | 642 Comments
What it means ? @@
 
 
  • Comment #3
  • Quote
  • Feb 19, 2013 2:41am Feb 19, 2013 2:41am
  •  alimm0f
  • | Joined Feb 2013 | Status: Member | 100 Comments
confusing statement .....I do not understand it?
 
 
  • Comment #4
  • Quote
  • Feb 19, 2013 2:42am Feb 19, 2013 2:42am
  •  EuroTrader
  • | Membership Revoked | Joined Jun 2010 | 60 Comments
it means market manipulation by rubbish talking
 
 
  • Comment #5
  • Quote
  • Feb 19, 2013 2:44am Feb 19, 2013 2:44am
  •  Pip Anon
  • Joined Jan 2013 | Status: Trading defies logic | 1796 Comments
Fuck that euro with a baguette
When the facts change I change my mind, what do you do sir
 
 
  • Comment #6
  • Quote
  • Feb 19, 2013 2:44am Feb 19, 2013 2:44am
  •  ffmonry
  • | Joined Feb 2013 | Status: Member | 181 Comments
big fish playing the game. wait for euro data
 
 
  • Comment #7
  • Quote
  • Feb 19, 2013 2:49am Feb 19, 2013 2:49am
  •  Pip Anon
  • Joined Jan 2013 | Status: Trading defies logic | 1796 Comments
Quoting ffmonry
Disliked
big fish playing the game. wait for euro data
Ignored
Given the EU contraction, the German data should be poor. Maybe not a massive selloff, but 25-30 pips
When the facts change I change my mind, what do you do sir
 
 
  • Comment #8
  • Quote
  • Feb 19, 2013 2:49am Feb 19, 2013 2:49am
  •  cecakrowo
  • | Joined Apr 2012 | Status: Member | 63 Comments
lets all sell this euro down
like 200x when the big funds from middle east together selling usd till what happen called subprime mortgage
 
 
  • Comment #9
  • Quote
  • Feb 19, 2013 2:54am Feb 19, 2013 2:54am
  •  wahyudi.lb
  • | Joined Oct 2011 | Status: Member | 47 Comments
what kind of new is this ??
 
 
  • Comment #10
  • Quote
  • Feb 19, 2013 2:55am Feb 19, 2013 2:55am
  •  Pip Anon
  • Joined Jan 2013 | Status: Trading defies logic | 1796 Comments
Quoting EuroTrader
Disliked
it means market manipulation by rubbish talking
Ignored
Why does every selloff of the euro manipulation? Perhaps, to them its not worth having at the moment or a profit opportunity exists? It is called trading for a reason.
When the facts change I change my mind, what do you do sir
 
 
  • Comment #11
  • Quote
  • Feb 19, 2013 2:58am Feb 19, 2013 2:58am
  •  y2j2008
  • | Joined Feb 2013 | Status: Member | 37 Comments
EUR/JPY will probably touch 124.00
 
 
  • Comment #12
  • Quote
  • Feb 19, 2013 2:59am Feb 19, 2013 2:59am
  •  pips info
  • | Joined Jul 2009 | Status: Member | 23 Comments
It mean "wait and see"
 
 
  • Comment #13
  • Quote
  • Feb 19, 2013 3:00am Feb 19, 2013 3:00am
  •  ffmonry
  • | Joined Feb 2013 | Status: Member | 181 Comments
Quoting y2j2008
Disliked
EUR/JPY will probably touch 124.00
Ignored
uncertain!! hope it come down but be careful.
 
 
  • Comment #14
  • Quote
  • Feb 19, 2013 3:01am Feb 19, 2013 3:01am
  •  k3nshinz3139
  • Joined Oct 2012 | Status: Chart can tell you everything! | 642 Comments
bounce to 125 again plz
 
 
  • Comment #15
  • Quote
  • Feb 19, 2013 3:04am Feb 19, 2013 3:04am
  •  ffmonry
  • | Joined Feb 2013 | Status: Member | 181 Comments
Quoting k3nshinz3139
Disliked
bounce to 125 again plz
Ignored
you on buy side!! good its getting some support lets see
 
 
  • Comment #16
  • Quote
  • Feb 19, 2013 3:04am Feb 19, 2013 3:04am
  •  alimm0f
  • | Joined Feb 2013 | Status: Member | 100 Comments
when the euro data to be released?
 
 
  • Comment #17
  • Quote
  • Feb 19, 2013 3:05am Feb 19, 2013 3:05am
  •  Sunlight31
  • | Joined Nov 2011 | Status: Member | 30 Comments
buy UJ, target 100
 
 
  • Comment #18
  • Quote
  • Feb 19, 2013 3:05am Feb 19, 2013 3:05am
  •  y2j2008
  • | Joined Feb 2013 | Status: Member | 37 Comments
Quoting ffmonry
Disliked
uncertain!! hope it come down but be careful.
Ignored
Yes Buddy, but it went north that far with the Spike (123.42-124.70) happened 15th Feb

Well..2.25 hours to German data..Better wait and see
 
 
  • Comment #19
  • Quote
  • Feb 19, 2013 3:06am Feb 19, 2013 3:06am
  •  y2j2008
  • | Joined Feb 2013 | Status: Member | 37 Comments
Quoting ffmonry
Disliked
you on buy side!! good its getting some support lets see
Ignored
it will..but after going little more South..I want to buy too
 
 
  • Comment #20
  • Quote
  • Feb 19, 2013 3:06am Feb 19, 2013 3:06am
  •  ffmonry
  • | Joined Feb 2013 | Status: Member | 181 Comments
Quoting y2j2008
Disliked
Yes Buddy, but it went north that far with the Spike (123.42-124.70) happened 15th Feb

Well..2.25 hours to German data..Better wait and see
Ignored
hope data will bring bulls back to this most volatile pair.
 
 
  • Comment #21
  • Quote
  • Feb 19, 2013 3:09am Feb 19, 2013 3:09am
  •  iqyu5an
  • Joined Jul 2010 | Status: Always manage your risk & leverage | 118 Comments
Quoting iqyu5an
Disliked
111 +/- 1
Ignored
.
not euphoria follower
 
 
  • Comment #22
  • Quote
  • Feb 19, 2013 3:24am Feb 19, 2013 3:24am
  •  MisterSpread
  • | Joined Aug 2012 | Status: Trader, baker, candlestick maker! | 99 Comments
Quoting Pip Anon
Disliked
Given the EU contraction, the German data should be poor. Maybe not a massive selloff, but 25-30 pips
Ignored

Do you have any knowledge about the fundamentals? Given EU Contraction ??? Do you know what was the value of ZEW last month? It was at a 2.5 years high and also after all the selling in the last week i think we are going to see an upsing today on EURUSD and other EUR Crosses, but that's my opinion.

Cheers,
VladG
 
 
  • Comment #23
  • Quote
  • Feb 19, 2013 3:26am Feb 19, 2013 3:26am
  •  upasna
  • | Joined May 2011 | Status: Member | 801 Comments
Agree
Quoting MisterSpread
Disliked
Do you have any knowledge about the fundamentals? Given EU Contraction ??? Do you know what was the value of ZEW last month? It was at a 2.5 years high and also after all the selling in the last week i think we are going to see an upsing today on EURUSD and other EUR Crosses, but that's my opinion.

Cheers,
VladG
Ignored
 
 
  • Comment #24
  • Quote
  • Feb 19, 2013 3:28am Feb 19, 2013 3:28am
  •  Pip Anon
  • Joined Jan 2013 | Status: Trading defies logic | 1796 Comments
Quoting MisterSpread
Disliked
Do you have any knowledge about the fundamentals? Given EU Contraction ??? Do you know what was the value of ZEW last month? It was at a 2.5 years high and also after all the selling in the last week i think we are going to see an upsing today on EURUSD and other EUR Crosses, but that's my opinion.

Cheers,
VladG
Ignored
Eh, not even worth it. If you think fundamentals support a strong euro, good luck.
When the facts change I change my mind, what do you do sir
 
 
  • Comment #25
  • Quote
  • Feb 19, 2013 3:38am Feb 19, 2013 3:38am
  •  Ringo Star
  • | Joined Dec 2010 | Status: Member | 42 Comments
don't worry , even if Euro weaken , they will never let Yen appreciate because most companys in Japan are making profit out of Yen weakness and I think they urgently need that right now to save at least to keep things goin rather than stagnant.
Enter Signature
 
 
  • Comment #26
  • Quote
  • Feb 19, 2013 3:40am Feb 19, 2013 3:40am
  •  jegas
  • Joined Oct 2011 | Status: Forex is an Unpredicatable Game.... | 1208 Comments
Strong support is 124.55 for eurjpy,if it falls down comes 123.80 & 123.60 for next support ,Beware in this pair,trade carefully ?
 
 
  • Comment #27
  • Quote
  • Feb 19, 2013 3:44am Feb 19, 2013 3:44am
  •  Vitaluna
  • | Joined Mar 2012 | Status: Member | 3 Comments
I've been in since yesterday 125.88. Target 124. High five for me.

BUT worried now this news is out. It mostly means sellers=buyers
 
 
  • Comment #28
  • Quote
  • Feb 19, 2013 3:48am Feb 19, 2013 3:48am
  •  rigpa
  • | Joined Mar 2011 | Status: Member | 622 Comments
Many sellers are waiting to enter best short position....
 
 
  • Comment #29
  • Quote
  • Feb 19, 2013 3:59am Feb 19, 2013 3:59am
  •  Ringo Star
  • | Joined Dec 2010 | Status: Member | 42 Comments
strong resistance at 126.93 and strong support at 124.43 and this S/R had not been broken for the past 12 days - check daily chart but i still say that they will never let Yen appreciate .......
Enter Signature
 
 
  • Comment #30
  • Quote
  • Feb 19, 2013 4:08am Feb 19, 2013 4:08am
  •  Exodus
  • Joined May 2012 | Status: CoC'd again ! | 4752 Comments
Quoting Ringo Star
Disliked
strong resistance at 126.93 and strong support at 124.43 and this S/R had not been broken for the past 12 days - check daily chart but i still say that they will never let Yen appreciate .......
Ignored
Huh? Where you looking? Thursday close was ~124.10 and on Friday price punctured 123.0 before heading north...
Carbon-Dioxide: the gas of life!
 
 
  • Comment #31
  • Quote
  • Feb 19, 2013 4:29am Feb 19, 2013 4:29am
  •  Ringo Star
  • | Joined Dec 2010 | Status: Member | 42 Comments
I'm talking about the last 12 working days , thursday and friday is just 3 days ago but anyway you don't have to be too accurate when looking at daily chart.(single daily candle bar).
Enter Signature
 
 
  • Comment #32
  • Quote
  • Feb 19, 2013 4:46am Feb 19, 2013 4:46am
  •  rigpa
  • | Joined Mar 2011 | Status: Member | 622 Comments
Deutche bank is prepared to buy yen!!!
 
 
  • Comment #33
  • Quote
  • Feb 19, 2013 4:58am Feb 19, 2013 4:58am
  •  ForexDao
  • | Joined Dec 2011 | Status: Member | 5 Comments
who give a damm about these news.
pick the right entry level and make profit. that's all matter about forex
 
 
  • Comment #34
  • Quote
  • Feb 19, 2013 5:01am Feb 19, 2013 5:01am
  •  B.Colapsarke
  • | Joined Feb 2013 | Status: Junior Member | 2 Comments
its not yet. i will wait 130 to short.
 
 
  • Comment #35
  • Quote
  • Feb 19, 2013 5:18am Feb 19, 2013 5:18am
  •  Vitaluna
  • | Joined Mar 2012 | Status: Member | 3 Comments
Yeah, some say buy, some say sell. Goes to show NEVER listen to someone else for your analysis. Any other shorts just kak their pants with the sudden move up? I did.
 
 
  • Comment #36
  • Quote
  • Feb 19, 2013 5:30am Feb 19, 2013 5:30am
  •  MisterSpread
  • | Joined Aug 2012 | Status: Trader, baker, candlestick maker! | 99 Comments
Quoting Pip Anon
Disliked
Eh, not even worth it. If you think fundamentals support a strong euro, good luck.
Ignored
So you trade only on technical ? I'm curios what you did last week when Draghi spoke on that big drop, if any of your indicators announced that .

I don't want to argue, I don't want to tell you that you are wrong or right, I'm also a small fish who wants to take some pieces of this cake like you, but I've learned that fundamentals also have a high impact when you trade ( I.E: Remember QE/ Bernanke this autumn ? )

Green pips to you and all,
VladG
 
 
  • Comment #37
  • Quote
  • Feb 19, 2013 6:00am Feb 19, 2013 6:00am
  •  love.l0ve
  • | Joined May 2012 | Status: Member | 96 Comments
Uhhhmmmmm. I used only TA many year and fine with it without FA. I don't have to watch Cnbc, bloomberg,...
Watch HBO, cinemax,... if you can. Ops, you can't, cause busy with so many news :]]
 
 
  • Comment #38
  • Quote
  • Feb 19, 2013 6:11am Feb 19, 2013 6:11am
  •  Pip Anon
  • Joined Jan 2013 | Status: Trading defies logic | 1796 Comments
Quoting MisterSpread
Disliked
So you trade only on technical ? I'm curios what you did last week when Draghi spoke on that big drop, if any of your indicators announced that .

I don't want to argue, I don't want to tell you that you are wrong or right, I'm also a small fish who wants to take some pieces of this cake like you, but I've learned that fundamentals also have a high impact when you trade ( I.E: Remember QE/ Bernanke this autumn ? )

Green pips to you and all,
VladG
Ignored
Man, I don't want to fight lol. I am technical, but objective technical (rarely patterns) math here and there. I was there short 5 lot @ 1.3342, unleashed 2.5 yesterday morning at 1.3325 with the rest open looking at 1.3290.

I use DEMA which follows the price action splendidly. System works great on volatility. I won't open a trade spot FX on consolidation. I consider fundamentals but rarely trade off most of them. Fundamentals are biases. I think someone you may not which is fine but math is purely objective. There is no guesswork. Not perfect, but more perfect than human judgement lol.

Good luck
Pip
When the facts change I change my mind, what do you do sir
 
 
  • Comment #39
  • Quote
  • Feb 19, 2013 6:14am Feb 19, 2013 6:14am
  •  Pip Anon
  • Joined Jan 2013 | Status: Trading defies logic | 1796 Comments
Quoting love.l0ve
Disliked
Uhhhmmmmm. I used only TA many year and fine with it without FA. I don't have to watch Cnbc, bloomberg,...
Watch HBO, cinemax,... if you can. Ops, you can't, cause busy with so many news :]]
Ignored
The perfect mechanical system trades multiple markets, and the greatest benefit is that you don't have to be an expert on any one asset.
When the facts change I change my mind, what do you do sir
 
 
  • Comment #40
  • Quote
  • Feb 19, 2013 7:33am Feb 19, 2013 7:33am
  •  rigpa
  • | Joined Mar 2011 | Status: Member | 622 Comments
Now buing Yen is needed..........
 
 
  • Comment #41
  • Quote
  • Feb 19, 2013 9:15am Feb 19, 2013 9:15am
  •  Trader88q
  • | Joined May 2012 | Status: Member | 339 Comments
the reason why i dont sell EUR/JPY is that EUR/USD didnt hit 1.40 yet.
When it will i will come and sell EUR/JPY at 129-130-132 somewhere here
 
 
  • Comment #42
  • Quote
  • Feb 19, 2013 10:04am Feb 19, 2013 10:04am
  •  Ringo Star
  • | Joined Dec 2010 | Status: Member | 42 Comments
Quoting MisterSpread
Disliked
So you trade only on technical ? I'm curios what you did last week when Draghi spoke on that big drop, if any of your indicators announced that .

I don't want to argue, I don't want to tell you that you are wrong or right, I'm also a small fish who wants to take some pieces of this cake like you, but I've learned that fundamentals also have a high impact when you trade ( I.E: Remember QE/ Bernanke this autumn ? )

Green pips to you and all,
VladG
Ignored


I think E/J was already moving down on correction even before Draghi was thinking to speak about the drop or the drip .............
Enter Signature
 
 
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  • Story Stats
  • Posted: Feb 19, 2013 2:37am
  • Submitted by:
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    Category: High Impact Breaking News
    Comments: 42  /  Views: 10,706
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