even with maximum zoom in, i can´t decide.
technicaly if tom demark is broken everything points to 1,53.
but fundamental usd bad data today doesn´t match.
difficult.
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Dislikedlilmoe
what is your viewpoint about EURUSD ??
TMIE IS BUY OR SELL EURUSD ??
BEST REGARDS
HUSSINIgnored
Disliked1.45 is next (crapper mode)
check the post before that
by the way. if this possibility proves to be true, i think this means strength for the dollar, which would for GJ up more. OR, it's just the EURO weakening big time.
as for equities. i think the downtrend is over. BAD NEWS and UP on Dow means more up. not a big fundies expert, but it's possible.Ignored
Dislikedyes, if the upper part of body of the red candle would be above the upper part of the green candle.
even with maximum zoom in, i can´t decide.
technicaly if tom demark is broken everything points to 1,53.
but fundamental usd bad data today doesn´t match.
difficult.Ignored
Dislikedok ok... after more in depth analysis of Euro, i think we might be heading to 1.45 very soon (by next month)
and i really think that's a good h/s formation on the dailies.
today's high (left shoulder) was the same as march 17th (left shoulder) making 1.6 the head.
today's bearish engulfing pattern puts high possibilities on the start of a major downtrend. time will tell.Ignored
Dislikedi live in euro land, everything is getting worse here, but i think its nothing
compared to the bad usd. Time for change hasn´t come yet, IMHO.
well known chart weekly since 2006.
sorry for hijaking this thread...Ignored
DislikedI mean no disrespect whatsoever. But if that is a head and shoulders formation, I have much more to learn about price patterns.Ignored
DislikedI mean no disrespect whatsoever. But if that is a head and shoulders formation, I have much more to learn about price patterns.Ignored
Dislikedmr. tom demark is holding as resistance for now, but below my SL will be hit, and a sell limit order is triggered.Ignored
Disliked
euroland has 2 major sources of income:
1) tourism
2) exporting manufactured goods.
euroland doesn't have enough oil to export
euroland doesn't make money out of dept.
euroland cannot print euros like the US can.
without cheap euro, 2 sources of income are BAD.
euroland wants out of big trouble? euroland must send euro to the shitter
i had a call from them last night, they offered me big euros for my crapper. lolIgnored
Dislikeddiscussing fundamentals for eur and usd goes maybe a little bit far for this thread.
but have a look for opinion of well known trader:
http://www.forexfactory.com/showpost...postcount=4151
also very good source:
http://www.bloomberg.com/apps/news?p...currency_rates
"The dollar has traded from $1.53 to $1.59 per euro in the past two months. The currency must weaken beyond $1.6020 to break out of the range and head for a decline to $1.67, wrote Kevin Edgeley, a London-based technical analyst at Goldman Sachs Group Inc., in a research note today. He uses charts to predict currency movements."Ignored
DislikedHere I explain why I see a complete 360 to 159 tonight.. But I'll sell if my Sl is hit
http://www.forexfactory.com/showpost...ostcount=13052Ignored
Dislikedthat makes sense to me. But beware of the strengthening jpy, the upside
for ej is limited, price is now in his upper part of his daily channel.
Oh my god, switch to the weekly e/j....
a perfect doji, it has no body only shadows.Ignored
Dislikedhere's UJ weekly, and a daily zoom in.
clear hammer on UJ weekly, unless friday reverses that. BUT if friday or today closes above 106.83 (50% fib), hello 109. u guys know what that means to GJ.
Attachment
AttachmentIgnored
Dislikedon your chart its defenitly an bearish engulfing at the end of an bullish daily
trend. So for confirmation of this candle during asia/london this is
a short.
I learned, confirmation is very very importend.
Hussin may verify this candle please.
I`am long, SL below 1,5670.Ignored