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EURUSD

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  • Post #591,901
  • Quote
  • Feb 6, 2012 2:19am Feb 6, 2012 2:19am
  •  MaxDoom
  • | Commercial Member | Joined Feb 2010 | 13,255 Posts
good morning.

EURUSD still in a very distinct corrective pattern of the run up from 1.2623 to 1.3232. Note the heavily overlapping waves A, B and current wave C.

Technically wave C should at least reach 1.3025 as a minimum, but more likely targets are 1.3010-1.2975 zone or 1.2930-1.290 zone.

From there it is anyones guess as to direction...
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  • Post #591,902
  • Quote
  • Feb 6, 2012 2:24am Feb 6, 2012 2:24am
  •  ssotiro
  • | Joined Sep 2006 | Status: Member | 277 Posts
Good morning all.

Happy and successful trading everyone.
 
 
  • Post #591,903
  • Quote
  • Feb 6, 2012 2:32am Feb 6, 2012 2:32am
  •  fxprocessor
  • | Commercial Member | Joined Dec 2006 | 1,085 Posts
Similar pattern to last week. EURUSD headed north pretty much from the Asian open. Lets see if the London traders care to continue with the overnight trend or close the gap.
 
 
  • Post #591,904
  • Quote
  • Feb 6, 2012 2:39am Feb 6, 2012 2:39am
  •  PokerPlayer
  • | Joined Jan 2012 | Status: Beachbum in Training | 145 Posts
Must confess I haven't got a clue at the minute......

I don't want to do anything until the news comes out of Greece as the resulting news will move this currency like the non farm payroll figures does.....

Anybody else like this, or is it just me ?
 
 
  • Post #591,905
  • Quote
  • Feb 6, 2012 2:42am Feb 6, 2012 2:42am
  •  Ultimate6
  • | Joined May 2010 | Status: Member | 1,017 Posts
Quoting PokerPlayer
Disliked
Must confess I haven't got a clue at the minute......

I don't want to do anything until the news comes out of Greece as the resulting news will move this currency like the non farm payroll figures does.....

Anybody else like this, or is it just me ?
Ignored
likely to.
 
 
  • Post #591,906
  • Quote
  • Feb 6, 2012 2:45am Feb 6, 2012 2:45am
  •  KillerWhale
  • Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
Surprise surprise,

Longs got closed for BE + 2 @ 1.3088 while I was sleeping.

But have better longs open now. 1.3055 - 1.3060 and also stops @ 1.3065
New voice message: Why are you calling me? If I need you, I'll call you!
 
 
  • Post #591,907
  • Quote
  • Feb 6, 2012 2:54am Feb 6, 2012 2:54am
  •  KillerWhale
  • Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
Quoting KillerWhale
Disliked
Surprise surprise,

Longs got closed for BE + 2 @ 1.3088 while I was sleeping.

But have better longs open now. 1.3055 - 1.3060 and also stops @ 1.3065
Ignored
I hope London wants to close the GAP
Moved stop to 1.3070 Don't feel like taking risk now.
New voice message: Why are you calling me? If I need you, I'll call you!
 
 
  • Post #591,908
  • Quote
  • Feb 6, 2012 2:56am Feb 6, 2012 2:56am
  •  prashant7
  • | Joined Aug 2010 | Status: A M S | 1,012 Posts
Quoting KillerWhale
Disliked
I hope London wants to close the GAP
Ignored
yes mate it does
finding A M S
 
 
  • Post #591,909
  • Quote
  • Edited 3:09am Feb 6, 2012 2:59am | Edited 3:09am
  •  mohan76
  • Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
looks similar to last Monday move , i will back 1 h later

edit : dax showing some bear signal
Mohan
 
 
  • Post #591,910
  • Quote
  • Feb 6, 2012 3:08am Feb 6, 2012 3:08am
  •  joop
  • | Joined May 2010 | Status: i am swinger,so what? | 240 Posts
Bah!! BAh!!! "moooo...moooo.." Bahh!! Bahh!! lazy bull
patient is my attitude, rushing is a dog
 
 
  • Post #591,911
  • Quote
  • Feb 6, 2012 3:09am Feb 6, 2012 3:09am
  •  Crassius
  • | Joined Jan 2009 | Status: Don't Tread On Me | 2,059 Posts
Greek PM office says there in NO DEADLINE today at 10:00 GMT as has been widely reported across media including Ekath. He will be meeting with coalition leaders midday Athens time.
 
 
  • Post #591,912
  • Quote
  • Feb 6, 2012 3:17am Feb 6, 2012 3:17am
  •  Retek
  • | Joined Oct 2009 | Status: Member | 374 Posts
I'd better stand still until something happens. There's too much pressure on EU from both sides.
 
 
  • Post #591,913
  • Quote
  • Feb 6, 2012 3:24am Feb 6, 2012 3:24am
  •  alxdlx
  • | Joined Jan 2011 | Status: Member | 17 Posts
short signal in 5mn
parabolic SAR and magic trend are starting to be short
confirmation with 30mn trend, which are short
short at 1.3083 target 1.3053 stop 1.3095
 
 
  • Post #591,914
  • Quote
  • Feb 6, 2012 3:27am Feb 6, 2012 3:27am
  •  Henryk
  • | Joined Jan 2012 | Status: Member | 219 Posts
This gap isnīt big. Must be this gaps fill, which created at the weekend?
 
 
  • Post #591,915
  • Quote
  • Feb 6, 2012 3:27am Feb 6, 2012 3:27am
  •  Gearsim
  • | Joined Feb 2012 | Status: Junior Member | 2 Posts
The Grey Zone (1,2850-1,2870) - achieving 90%, only a matter of time. The coup 1,3230-1,3240. Sorry for my English, Google translator helps :o) ..
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  • Post #591,916
  • Quote
  • Feb 6, 2012 3:30am Feb 6, 2012 3:30am
  •  Crassius
  • | Joined Jan 2009 | Status: Don't Tread On Me | 2,059 Posts
Quoting Henryk
Disliked
This gap isnīt big. Must be this gaps fill, which created at the weekend?
Ignored
IFR is reporting large offers at 1.3100... would have to overcome that... all PIIGS bond yields rising except Greece ( ECB in there holding down?) and Euro banks under pressure don't make that likely without some news to change the direction.
 
 
  • Post #591,917
  • Quote
  • Feb 6, 2012 3:32am Feb 6, 2012 3:32am
  •  bennyblanco
  • | Joined Jan 2012 | Status: Member | 1,086 Posts
Quoting Crassius
Disliked
Greek PM office says there in NO DEADLINE today at 10:00 GMT as has been widely reported across media including Ekath. He will be meeting with coalition leaders midday Athens time.
Ignored
Please let it end! Wish this Greek situation would get sorted one way or the other. It's turning trade in this pair to a complete nonsense
 
 
  • Post #591,918
  • Quote
  • Feb 6, 2012 3:33am Feb 6, 2012 3:33am
  •  Baks
  • | Joined Feb 2012 | Status: Member | 7 Posts
Good morning!

as think? go down or go up more on this week
 
 
  • Post #591,919
  • Quote
  • Feb 6, 2012 3:33am Feb 6, 2012 3:33am
  •  Henryk
  • | Joined Jan 2012 | Status: Member | 219 Posts
Quoting Crassius
Disliked
IFR is reporting large offers at 1.3100... would have to overcome that... all PIIGS bond yields rising except Greece ( ECB in there holding down?) and Euro banks under pressure don't make that likely without some news to change the direction.
Ignored
Offers at 1.31 to short?
 
 
  • Post #591,920
  • Quote
  • Feb 6, 2012 3:34am Feb 6, 2012 3:34am
  •  Crassius
  • | Joined Jan 2009 | Status: Don't Tread On Me | 2,059 Posts
Offers mean there are people selling.
 
 
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