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- Cryptic replied Apr 20, 2015
Good morning traders! We closed our EURUSD position at 1.0774 from 1.0820, and placed another sell stop at 1.0922 with a stop at 1.0951, if filled, target 1.0680. Light schedule today, some pullbacks already took place, some will during the ...
- Cryptic replied Apr 17, 2015
As we forementioned, no surprises for the CPI were expected. 1.0770 needs to be broken to make another test at 1.0720 and eventually close the day around the 1.06xx figure, to confirm the end of the EUR correction. Yes WS121 our order got triggered ...
- Cryptic replied Apr 17, 2015
Good morning traders! Our selling order was missed by 7 pips (Sell at 1.0820 - Yesterday highs were 1.0813). We will be looking for another opportunity to sell around that level. CPI is the main driver for today, and is very important for the rate ...
- Cryptic replied Apr 16, 2015
End of day update: As mentioned today,with bad results eurusd could clear 1.0680 to test 1.0720. Tomorrow is crucial as the results of the US inflation are going to be released. Bad numbers could mean a run towards 1.0820 if cleared we could see ...
- Cryptic replied Apr 16, 2015
1st scenario: Sell at 38.2% retracement at 1.0820 for a run towards 1.0570. 2nd scenario: pair breaks the fibo level and make a run towards 1.0922 for another selling opportunity.
- Cryptic replied Apr 16, 2015
Eurusd looks like its consolidating in the same mini-channel for the time being, awaiting more data from the US and updates on greece for a trend continuation/reversal. Only driver for the day would be Housing and Unemployment claims for the USD. A ...
- Cryptic replied Apr 16, 2015
Good morning traders! Our USDJPY buy order has been trigger yesterday night (Buy at 118.81 - yesterday lows was 118.79), that was close. However, we will be tightning our position due to the uncertainty of the dollar during this week (High crude oil ...
- Cryptic replied Apr 15, 2015
end of day update: 1.0668 was never practically broken, as we stated, a fail will force the pair to consolidate in the lower 1.06xx levels to close the day. The greenback is under pressure due to a series of bad numbers and crude oil rise. Not ...
- Cryptic replied Apr 15, 2015
1.0668 was hit as mentionned, if momentum holds we could see 1.0720 in the NY session, same analysis remains, a fail to break above 1.0720 will likely end of the day around 1.06xx figure.
- Cryptic replied Apr 15, 2015
Euro is pushing on Draghi's comments about inflation and rate decisions, along with another bad figures from the US. A push towards 1.0668 is in play, if filled 1.0720 is eyed, a fail to break above that level will see the pair consolidating around ...
- Cryptic replied Apr 15, 2015
Mid-day update: Rate cut by BOC - could lay heavily on CAD/Oil Draghi attacked by a protestor - ECB conference on hold - Doesn't look too serious Eurusd range mentioned above still the same. a break out of either side could lead to further bleeding. ...
- Cryptic replied Apr 15, 2015
ECB Conference is due today, best to stay sideways till Draghi speaks. We are pretty sure that if Draghi does not mention it himself, a question from the floor will address it, regarding the growth and the possibility to cut the QE short, a positive ...
- Cryptic replied Apr 15, 2015
EurUsd: Sell at 1.0782 for 1.0585 SL 1.0845 UsdJpy : Buy at 118.81 for 120.84 SL 118.16 Visit I am afraid we do not go over the trades we make, although I will take it into consideration and explain some of them. Good luck traders
- Cryptic replied Apr 13, 2015
Yes pharmor i was long and u uposet me a lot! So many kids in this thread..
- Cryptic replied Apr 13, 2015
Why does it always feel like a game of football around here and you guys are the spectators. This is forex, no one knows what will happen next, if you're right today, they will be tomorrow. So trade like a professional, act like one and communicate ...
- Cryptic replied Apr 13, 2015
Profit taken. Will look to sell off bounce.
- Cryptic replied Apr 11, 2015
1.0555 needs to be broken to confirm the continuation towards new year lows. Only level to watch for for now regarding the downside. To the upside, 23.6% retracement is major resistance lying around 1.0678.
- Cryptic replied Apr 10, 2015
End of day update: Taken position: Short at 1.0745 Stop revised to 1.0678 Take profit on 1.0527 adjusted, will look to split if filled and cover another short. Have a good weekend traders see you on monday
- Cryptic replied Apr 10, 2015
critical point
- Cryptic replied Apr 10, 2015
As I mentionned earlier, loads and loads of profit taking around 1.0595 I was surprised it never corrected itself up to 1.0630 up till now, Indexes are a bit down as well due to the same factor. Fridays are like that. Besides no momentum for the ...