Menu

  • Time To Sell EUR/USD Targeting 1.3450 & 1.3130 - JP Morgan

    From efxnews.com

    The classical countertrend rally in EUR/USD is approaching its key- resistance zone between 1.3795/1.3822 (minor 76.4 %/pivot) and 1.3880/93 (monthly trend/last top), notes JP Morgan in a technical note to clients. Such a move, according to JPM, looks massive and will certainly cap the upside in case we are only dealing with a countertrend rally. "If so, the downside would remain wide open for a minimum decline to 1.3436 (minor 76.4 %) with a strong option to extend to 1.3104/01 (pivot/internal wave 3 projection)," JPM projects. "If the latter and 1.3024 (int. 76.4 % on higher scale) would also give way we’d even ... (full story)

  • #1
  • Quote
  • Feb 19, 2014 10:16pm Feb 19, 2014 10:16pm
So what its saying is buy EURUSD?
All posts are my personal opinion
  • #2
  • Quote
  • Feb 19, 2014 10:20pm Feb 19, 2014 10:20pm
shit thing , now it's going up ...
  • #3
  • Quote
  • Feb 19, 2014 10:24pm Feb 19, 2014 10:24pm
I trust JP this time
  • #4
  • Quote
  • Feb 19, 2014 10:44pm Feb 19, 2014 10:44pm
already @1.3771 with tight SL
  • #5
  • Quote
  • Feb 19, 2014 10:59pm Feb 19, 2014 10:59pm
already sell,,,
SL @ 3780 ,,,
and now floating -,,,
i hope not MC,,,
:3
  • #6
  • Quote
  • Feb 19, 2014 11:22pm Feb 19, 2014 11:22pm
Rickroll waiting to happen!
  • #7
  • Quote
  • Feb 19, 2014 11:26pm Feb 19, 2014 11:26pm
Beware..This is a fake news..Eurusd now upswing to 1.40xx then 1.42xxx.
  • #8
  • Quote
  • Feb 19, 2014 11:30pm Feb 19, 2014 11:30pm
not sure..but at least this is a news for us to go through!
  • #9
  • Quote
  • Feb 20, 2014 12:56am Feb 20, 2014 12:56am
I believe this article but I only hope it will hold at 1.3850
  • #10
  • Quote
  • Feb 20, 2014 1:01am Feb 20, 2014 1:01am
Eurusd : Buy dip
  • #11
  • Quote
  • Feb 20, 2014 1:16am Feb 20, 2014 1:16am
  •  Trader#4F86
  • | Status: Unregistered Trader
JP Morgan always talks hits, do reverse just buy now
  • #12
  • Quote
  • Feb 20, 2014 1:30am Feb 20, 2014 1:30am
  •  Trader#4242
  • | Status: Unregistered Trader
Goldman: EUR/USD ---> 1.4, JP Morgan ---> Sell now..
  • #13
  • Quote
  • Feb 20, 2014 2:06am Feb 20, 2014 2:06am
Trust those guys, there should be a reason why many of the traders listen to them
  • #14
  • Quote
  • Feb 20, 2014 2:31am Feb 20, 2014 2:31am
Eurusd : Buy buy buy
  • #15
  • Quote
  • Feb 20, 2014 2:45am Feb 20, 2014 2:45am
When I first started trading, I lost around half my account trading what these expert analysts suggest. They are wrong far too often. The euro may go up or down from these levels, but shorting it now for these fantabulous gains they target would be nothing more than a coin toss. Before shorting it, it has to confirm a false break either @ 1.38 or it's Dec high @ 1.3880, otherwise i don't see how bias is not upwards
  • #16
  • Quote
  • Feb 20, 2014 3:16am Feb 20, 2014 3:16am
hopefully this time they are right ...
  • #17
  • Quote
  • Feb 20, 2014 3:55am Feb 20, 2014 3:55am
I think its only a pullback to 1.3655, will find resistance around there, then go bullish, if it breaks the mark then it might goes to 1.34 as they predict.
  • #18
  • Quote
  • Feb 20, 2014 4:26am Feb 20, 2014 4:26am
Quoting ozboy
I trust JP this time
LOL
BTC Return This Year: na
  • #19
  • Quote
  • Feb 20, 2014 5:53am Feb 20, 2014 5:53am
  •  Trader#AC2B
  • | Status: Unregistered Trader
Well the truth is that JPMorgan has absolutely no idea where EUR/USD will go next. So do I.
  • #20
  • Quote
  • Feb 20, 2014 8:09am Feb 20, 2014 8:09am
  •  Trader#C025
  • | Status: Unregistered Trader
Always sell on top level than u will not loss no heavy risk so so so sell sell sell eur eur eur
  • #21
  • Quote
  • Feb 20, 2014 8:10am Feb 20, 2014 8:10am
Just prepare to find the next tall building to jump from if you ever believe JP morgan..........ooops I meant any articles from efxnews.

Efxnews is as good an indicator as that chaos moron!
  • #22
  • Quote
  • Feb 20, 2014 8:23am Feb 20, 2014 8:23am
Eurusd blablabla... 1.40xxx
  • #23
  • Quote
  • Feb 20, 2014 9:19am Feb 20, 2014 9:19am
  •  Trader#D39E
  • | Status: Unregistered Trader
Jp Morgan has a crystal ball they know the exact ratios of buyers and sells. They fee
l its there way of giving back by giving the heads up. Thank you jp Morgan
  • #24
  • Quote
  • Feb 20, 2014 12:09pm Feb 20, 2014 12:09pm
yes it is time to buy eur/usd
  • #25
  • Quote
  • Feb 20, 2014 4:07pm Feb 20, 2014 4:07pm
  •  Trader#4ACF
  • | Status: Unregistered Trader
Quoting Rtm
So what its saying is buy EURUSD?
I am sure they are talking to their clients and if you are not one of course you can ignore them short-term (in any case they use pretty outdated tools and concepts to trade). I would buy the euro now to 1.39, buy GBP, Silver, Gold and Yen as well tonight and ride a mad wave up to crazy heights. And you can take that to the bank (and I mean now to gain full benefits). MS my foot.
  • #26
  • Quote
  • Feb 20, 2014 5:21pm Feb 20, 2014 5:21pm
JP Morgan is weird name....., so buy?
Markets always behave irrationally...fuzzy logic, fallacies, cognitive bias
  • #27
  • Quote
  • Feb 20, 2014 8:34pm Feb 20, 2014 8:34pm
Eurusd : I see the MACD chart - Buy
  • #28
  • Quote
  • Feb 21, 2014 5:35am Feb 21, 2014 5:35am
JP knows too many bluffs will spoil their game, now and then they should give honest trade calls..
  • #29
  • Quote
  • Feb 21, 2014 5:40am Feb 21, 2014 5:40am
Quoting asmadi78
Eurusd : I see the MACD chart - Buy
Nampak gaya indikator boleh jadi naik nih... tapi kadang kadang JP tu cakap benor jugak..sebab mereka boleh buat market naik turun..
  • #30
  • Quote
  • Feb 21, 2014 6:09am Feb 21, 2014 6:09am
Goldman sach kata eurusd naik target 1.40xx..Jp morgan kata turun..Jawapan paling betul terletak pada indicator MACD.Naik...naik..naik...
  • #31
  • Quote
  • Feb 21, 2014 6:10am Feb 21, 2014 6:10am
Signal buy yg kuat pada Indicator MACD H4.
  • #32
  • Quote
  • Feb 21, 2014 7:55am Feb 21, 2014 7:55am
jp morgan cuma bisa ngemeng
  • #33
  • Quote
  • Mar 10, 2014 12:00am Mar 10, 2014 12:00am
oops...
  • #34
  • Quote
  • Edited 12:37am Mar 10, 2014 12:13am | Edited 12:37am
Quoting okie dokie
JP knows too many bluffs will spoil their game, now and then they should give honest trade calls..
Oh they did, they called for 1.38 in October last year.
Of course, the trend was 90% advanced by then with the Euro trading (I think) at around 1.37, approaching resistance and a ridiculously poor R:R ratio, thus making the call untradeable.

Don't see swing trade calls such as this one from them too often as the profit potential is just too big and the R:R too advantageous for public release.

The good people at JPM, BOA and other respectable institutions much prefer to issue trade calls in line with the "current" trend, just as price is bouncing off major support/resistance and is in the early stages of developing a "new trend".

Strange huh...

This does not bode well for bears......
Come with me if you want to live....
  • #35
  • Quote
  • Mar 10, 2014 12:17am Mar 10, 2014 12:17am
Oh, and is this month going to close above the descending monthly TL from July 2008??

Who knows, but it is currently breaching it as I type.

Just a thought...
Come with me if you want to live....
  • #36
  • Quote
  • Mar 10, 2014 12:57am Mar 10, 2014 12:57am
  •  Trader#26E7
  • | Status: Unregistered Trader
Idiots. They have started again. I will keep buying eurusd until I see 'Morgan stanley' says to buy eurusd''. Then I would sell! Meanwhile, Eurusd is getting ready to run at 1.4250!
  • #37
  • Quote
  • Mar 10, 2014 2:47am Mar 10, 2014 2:47am
Hi, i no idiot. i following my heard to open position ... and i need my broker following my open position ...
for eurusd i am short too same "morgan stanley"
  • #38
  • Quote
  • Mar 10, 2014 3:04am Mar 10, 2014 3:04am
Clearly JPM is no idiot. They open their position for every body to see. What do they gain?
  • New Comment
  •  Trader#7F54
  • | Status: Unregistered Trader
Create Account
  • Story Stats
  • Posted: Feb 19, 2014 10:04pm
  • Submitted by:
     eFx Newz
    Category: Technical Analysis
    Comments: 38  /  Views: 12,873