EURUSD

Quoting FXCapitalist

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The time has come to put on your version of a strategy for a directionless market, take it from the super options play book and get your: strangle, straddle, short straddle, short strangle, diagonal spread, vertical spread, bull ladder, bear ladder, strip, strap, guts, short iron condor, short iron butterfly, modified butterfly, ratio back spread(long/short), collar, long combo, short combo, bull spread, bear spread, butterfly spread, iron condor, iron butterfly, broken wing butterfly, broken pterodactyl wing on! LOL may the best strategy win. Get it in early so you get ahead of the pack early by 5 hours. Just random ideas for the layman to get interested in.

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Quoting Jay Walker

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How much for the iron butterfly In-A-Gadda-Da-Vida method?

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Quoting Jay Walker

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The pair hasn't moved muchin the past few hours. Some would call it a range.

I call it flatlining.

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Quoting mr.president

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I think today we'll reach 1.62 as the ECB raise 0.25 and it is logical since the cowboys suffer alot from the oil ......
So why are u afraid ?
any comments ?

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Quoting FXCapitalist

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Yeah who's afraid? It sure isn't me.

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Quoting tamster

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This person does brilliant analysis on Euro and is right most times. Here is his forecast for today's action:

only advice is to act on your own analysis... i will only tell what i see or what i intend to, kinda game plan...

The best trade I can spot carries only a stop loss of 10-20 pips, that is shorting fiber from rt around 5950 lvl. but who knows it can simply pass thru it as slicing N dicing an icecream cake.....

Going long or short; I agree kinda suicidal but lets try to reason a lil bit and plan a trade...

The buys or lucrative buys can start as early as 5910-25.... The? is how far is the stoploss, a genuine s/l doesn’t come around prior to 5770 or slightly below, but then again 5720-35 has been a decent supp as well....... you see the things goes haywire on finalizing the best spot to enter the mkt.....
Will there be a drop that can bring fiber to these lvls and not make it pass thru 5910-16 enroute to 5950.... no body knows........
No one knows if it would be a bear or a bull mkt after the news impact.... so what can we do........ Simply try to reduce the risk and automatically the reward would increase........
The only reasonable game plan as per the charts is to short euro from rt around 5950 lvl (+ - 5-7 pips), however 5930-44 is there as well....
For those wanting a long the closest possible lvl is actually rt above 5835-42 lvl...... for those interested in the closest buy possible on charts should be looking to buy a bounce on from these lvls..... these also happens to be the triple tops on dailies formed earlier and were able to thru in quite decent bounces... we did close comfortably above them.. is that an indication, yes a very strong one, but does it matter on news impact as such..... I DON'T THINK SO. TL's are meant to be broken and the fake’s one is the real killer........
so play safe / be a kamikaze, later today we would have some big smiley faces and we some well!..........
Hike on euro for 25bp has been totally discounted... NFP result too is as after yesterdays layoff report we saw the move carrying fiber above 5850.
so what could be next... continue the pace higher and reward the buyers from low to pile their gains way ahead of 1.6+ lvl.... i have a buy from 5477 and i say hell ya.............. Emotions don’t exist in my directory though at times they come and I end up licking my wounds............. we are human after all...........

with the buys intact from 5477 i could be on the way of breaking my all time most pip gains tgt, which has been broken if i take 5866+, but what i feel is that i can wait till around 5810 and below that i should get out on it....

With the hike from ECB, it should be able to strike the 5905-16 spot, then should drop if there are no more indications of further hike for the year. This drop would be the nervous profit taking before the NFP hits, should be a drop to around 5840 initially......... there should be rise on NFP numbers if the data is USD negative and the bounce should come close to 5933-47 and i would take a short with a smaller stops and avg lots.......

Basically before the data hits and if we could have a swing movements and we should wait for the spot to at the lvls where we have an interest to enter the mkt...

Everyone will play his game, my game plan is to be a bit safe but jump in slightly not so heavy but maintain a stoploss policy that would be not too far away..

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Quoting mr.president

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I see some guys talking about 1.57 for today which is ( in my opinion ) impossible with increase of 0.25

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Quoting FXCapitalist

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Nice range. I bet a break up to 1.60 then a hard selloff or just a straight up rocket to who knows where. then again it can tank down to 1.57XX easy. we shall see. Only time will tell when it will break out of the range and where it will go.

cheers.

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Quoting FXCapitalist

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so who might this be, some anonymous genius i presume?

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Quoting mr.president

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where. then again it can tank down to 1.57XX easy ( You said that )

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Quoting tamster

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This person is highly respected on this site and if you read through his posts and analysis you will see why:

http://www.learncurrencytrading.com/...2Fusd&page=453
Here is the url

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