DislikedDJI trying to rally into green....I smell possible trouble ahead for the EUR...
Just my 2 cents....Ignored
Good one
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DislikedDJI trying to rally into green....I smell possible trouble ahead for the EUR...
Just my 2 cents....Ignored
DislikedDJI trying to rally into green....I smell possible trouble ahead for the EUR...
Just my 2 cents....Ignored
DislikedSee the chart. RSI and MACD both pointing towards down signal.
20SMA at 1.5800 level if it breaks then down move will be confirmed.
Daily showing range bound since it fell from 1.60.
Fundamental Issues:
Oil and Gold is coming down and if it continues next week then dollar will move from it's oversold position.
Euro economy is not strong enough to deal with strong euro.
If Oil comes down then the inflation will come down and no more rate hike for Euro. Maket realized that world can't except oil at 145 a barrel. That was the top and now it's time to move downward. Speculator's are not betting to move it higher anymore. Now, they will short to make profit from down move.
That's all my opinion. You guys can input yours.Ignored
DislikedWhat's everyone's views on the pair? I have a long 1.5717 and my stoch and rsi show overbought on the higher tfs.Ignored
DislikedWhat's everyone's views on the pair? I have a long 1.5717 and my stoch and rsi show overbought on the higher tfs.Ignored
DislikedI'm just holding my shorts.. I would not enter any new trade at this stage.Ignored
DislikedWhat is your stops ? Where do you think it will reverse ? is that @ 1.5777 ?
CheersIgnored
DislikedPartial Out at 1.569....
DJI losing steam...Oil survived break below 125.5$
Still some shorts open, possible retrace towards 1.571...looking to enter again around that level...
Just my 2 cents...Ignored
DislikedCan you guys keep shorting. You are making me feel better about going long. Please short some more. Most the time doing the opposite of what most are doing in here is the way to go.Ignored