DislikedIf the money flow in the global forex market is (supposedly) so much larger than the same in the equity markets, why does the E/U closely so correlate with the S&P?Ignored
http://veritefx.com/veritefx_blog/20...update-37.html
MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
EA for multiple lot limit order for EURUSD 0 replies
NFP nice bump up on EURUSD 2 replies
DislikedIf the money flow in the global forex market is (supposedly) so much larger than the same in the equity markets, why does the E/U closely so correlate with the S&P?Ignored
DislikedGonna work a bit, be back later. I have a pending short at 1.3550 with my stop above the 100 SMA on the 15 Min chart. Since the SMA is slightly below the 1.3600 level, I will go above this level with my stop at 1.3610.
MKIgnored
Disliked[i][font=Times New Roman][size=3][color=purple]The release of German GDP on Friday, which showed a contraction of -3.8% q/q, took the wind out of the EUR and the “Green Shoots” theory. Pundits over the weekend, such as Times columnist Anatole Kaletsky, described the data as "arguably the most catastrophic economic statistics produced by any official institution in the capitalist world since 1945". We see such comments as overdone, but it does highlight the fact that a near term recovery is not just around the corner as many had hoped and the ECB...Ignored
DislikedI sure hope you are the original poster of this clip from ACM:http://www.ac-markets.com/forex-news...orex-news.aspx because generally when you are cutting and pasting entire news articles with no credit to the original source that is called plagiarism...Ignored
Disliked...Potential retrace to either the green line a'rd 3510ish or the red line a'rd 3540/50...Ignored
DislikedI haven't posted here for a while but this is going to be really interesting.. I mean IF this double top doesn't hold and we get breakout north instead.
1.373 is the level to watch very carefully.Ignored
DislikedYou are right and if it pops through the double top the upside will be strong and fast so hold on to your socks. I am in at 3533 and 3529 so even if it makes it to the double top I am excited.Ignored
DislikedAnd........(my two cents, not worth much now-days in the USA) Watch the daily, this could also be forming a inverted H&S, getting ready to run for it.
fxstIgnored
DislikedWhat is an inverted H&S? I'm still learning....what effect would that have on our existing trading conditions?Ignored
DislikedOK! I think I found an example of the inverted chart that makes sense to me. Based upon our current uptrend we could continue to move up?Ignored
DislikedOK! I think I found an example of the inverted chart that makes sense to me. Based upon our current uptrend we could continue to move up?Ignored
DislikedPrice went almost to the level called out in this post and petered out at the 50 % Fib and my stops are right where I said they would be just above it. Only news will send it higher. This same thing happened last week only to see a plunge. Price could possibly go to 3570 area which is the 61. Fib level, but with no news to push it, I seriously doubt it. Look for a plunge short soon. Wait for an aggressive move below the 100 SMA before jumping in.Ignored