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- CounterTrend replied Apr 28, 2010
Does the market react only to negative news? I mean there were good news this morning.. and it's not 10% of this reaction. They are just finding reason to sell the EUR.. do not listen to the news anymore
- CounterTrend replied Apr 28, 2010
Do not tell me it will hover around 1.3200 until FOMC
- CounterTrend replied Apr 28, 2010
Back from bed lol.. let the party begin..
- CounterTrend replied Apr 28, 2010
I will sleep ~ ~ boring action ~~
- CounterTrend replied Apr 28, 2010
The bulls/bears war begin
- CounterTrend replied Apr 28, 2010
Nice play Now be careful of dynamic R 1.3260 presenting 55-ma on hourly chart..
- CounterTrend replied Apr 28, 2010
Did you see this spike?
- CounterTrend replied Apr 28, 2010
FOMC is key event.. but market is dominated now by Greek news/Risk mode
- CounterTrend replied Apr 28, 2010
Nice pips for EJ bulls, i think this eurusd spike was triggered by EJ breakout above 124..
- CounterTrend replied Apr 28, 2010
I am long now, tgt 1.3260 let's see how it plays
- CounterTrend replied Apr 28, 2010
it is 55ma of 30-minute chart now at 1.3224..
- CounterTrend replied Apr 28, 2010
So boring...boring..
- CounterTrend replied Apr 28, 2010
Nice analysis
- CounterTrend replied Apr 28, 2010
1.3260 the 55 hourly MA first EURUSD is so heavy.. there has to be a catalyst for such move above 1.33 again :/ Anyway, so early to tell.. It cannot even breach 1.3217.. bloody sellers
- CounterTrend replied Apr 28, 2010
No I was replying to SkyzerFX.. he said Anyone got Long that EJ with me? Guess not.
- CounterTrend replied Apr 28, 2010
bingo! This is exactly my thinking and analysis to EURUSD..
- CounterTrend replied Apr 28, 2010
The big bearish candle on EURJPY looked scary.. I didn't get in with you. I remembered the credit crunch days.. and so I stayed out of EURJPY
- CounterTrend replied Apr 28, 2010
4hr candle close above 1.3217 and I will be all long
- CounterTrend replied Apr 28, 2010
But 1.3217 held really well all day ~ even if it gets past that, too soon it meets dynamic R @1.3226 .. let's wait for candle close and reaction to these levels
- CounterTrend replied Apr 28, 2010
Yes!! The 21 ema stopped the previous run.. I am a fan of these dynamic S/R levels too