DislikedQuote:
Originally Posted by goodbadmas
i m already short since 197 .. waiting for her to go back there !
hehe
goodbadmasIgnored
lol naatha !!
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DislikedQuote:
Originally Posted by goodbadmas
i m already short since 197 .. waiting for her to go back there !
hehe
goodbadmasIgnored
DislikedNice to have some TA with that statement please ....
Right now we are trapped under the 50 sma on the 60 min with a doji forming , which if it finishes like this on the 60 min bar will also be an inside bar.
However we have that major support zone of 199.20 rigght underneath price that we have not broken yet.
Looking in on the 10 min we have symmetrical triangle forming ( a continuation pattern) and 199.2 needs to be broken for this pattern to fail .Ignored
Dislikedi have a feeling . i will be screwed somehow ! lol
well cheers ..
goodbadmasIgnored
DislikedRanging market now...but normally 5 minute after london open, London will push to 200xx....then....US open will follow....and US open will push it to 201xx.Ignored
DislikedSo what do we have?
3 really weak currencies battling things out on a daily basis.
Pick the order from 1-3 but the USD, GBP and JPY all are pretty weak at the moment and on any given day the order of weakest to strongest changes.
The GBP and USD are both going to cut interest rates in the near future, so the JPY is strongest. Except, the BOJ doesn't like that.
The US is set to dump billions more into prop up their side of the ledger.
The US stimulus package will create positive financial news and further increase the "strength" of the dollar, at least on paper.
the EUR zone and Asian zone are poised to start making some bad announcements as the spin off from the US goes more global.
The US will "coming out of recession" as everyone else has to deal with bad news. The dollar will strengthen and battle the EUR for #1.
The Aud-USD seems to be the new carry trade.
Commodities will get stronger as the GBP and JPY weaken.
The bottom line is that there is huge opportunity in front of us, IMHO.
Any thoughts?Ignored
Dislikeddone for today
back in the morning. I am more of a hit and run trader , rather than spend hours at a time sitting in front of the computer.
I agree there seems to be strong support at 199.2 , however we have moved 300 pips with very little retracement , in a bearish overall economic environment. I would expect a decent pullback before the next leg up.
It is going to be an interesting night. I do not hold overnight and rarely even trade in the evening.
My zone is the 4am to 8am pacific zone , the euro / us overlap.Ignored
DislikedSo what do we have?
3 really weak currencies battling things out on a daily basis.
Pick the order from 1-3 but the USD, GBP and JPY all are pretty weak at the moment and on any given day the order of weakest to strongest changes.
The GBP and USD are both going to cut interest rates in the near future, so the JPY is strongest. Except, the BOJ doesn't like that.
The US is set to dump billions more into prop up their side of the ledger.
The US stimulus package will create positive financial news and further increase the "strength" of the dollar, at least on paper.
the EUR zone and Asian zone are poised to start making some bad announcements as the spin off from the US goes more global.
The US will "coming out of recession" as everyone else has to deal with bad news. The dollar will strengthen and battle the EUR for #1.
The Aud-USD seems to be the new carry trade.
Commodities will get stronger as the GBP and JPY weaken.
The bottom line is that there is huge opportunity in front of us, IMHO.
Any thoughts?Ignored
DislikedSo what do we have?
3 really weak currencies battling things out on a daily basis.
Pick the order from 1-3 but the USD, GBP and JPY all are pretty weak at the moment and on any given day the order of weakest to strongest changes.
The GBP and USD are both going to cut interest rates in the near future, so the JPY is strongest. Except, the BOJ doesn't like that.
The US is set to dump billions more into prop up their side of the ledger.
The US stimulus package will create positive financial news and further increase the "strength" of the dollar, at least on paper.
the EUR zone and Asian zone are poised to start making some bad announcements as the spin off from the US goes more global.
The US will "coming out of recession" as everyone else has to deal with bad news. The dollar will strengthen and battle the EUR for #1.
The Aud-USD seems to be the new carry trade.
Commodities will get stronger as the GBP and JPY weaken.
The bottom line is that there is huge opportunity in front of us, IMHO.
Any thoughts?Ignored
DislikedThere is plenty of support at this level-I'm tempted to nibble here with a long looking for a retest of 200 before bedtime. Where is our fearless leader?Ignored
DislikedThe US coming out of recession
hate to be a doom spreader but things were not even this bad in the 30's
I think the worst is yet to come.
Commodities will get stronger ( gold ) due to the fact that it is considered a safe haven for investors.Ignored