EURUSD

1.4644 fib, 30SL, then wait for new R area 1.4660-67 to load more;

The same guy that ask Bruce not to repeat a link that someone ask for is posting a comic figure that as absolutely nothing to do with this thread and filled almost all my screen.
Don’t you feel a little childish Jay Walker?

Just Trying It Out !!!


Bruce

I think it can get much lower today. But only got a small short open. I did short the Aussie though and above 30 pips in profit now, think it can get another 50+ pips lower, there was a strong contrarian long signal according to Oanda's positioning - above 75%, but a retrace in EU could pull it back up too maybe, I'll wait and see a bit profit locked already

Long at 4635

Hey man, I resent that!

I don't feel a little childish. I AM childish!

And if you observe, the cartoon pic was a tongue in cheek reply to trading801's comment about getting "owned".

t try


Don't try to chase the pips against trend!

06:50 EUR/USD: Slammed Sub-1.4650 On Stops - 1.4600 Options Eyed London, August 19. The Dollar appreciation paused yesterday but the US unit rally has re-surfaced into Tuesday trading with EUR/USD slammed sub-1.4650 following the early Asian failure to rebound into the 1.47"s. The move below 1.4650 is said to have found decent sized stops to fuel the descent and 1.4631 has since traded. The Dollar Index rose in Asia while commodities fell once again and this latter factor is seen as a major contributing factor to the latest Euro selling/Dollar buying.
However, the sustainability of the downside remains questioned and quality names have already been noted on the bid into the European return. As a result, the Euro may look to bounce. But any EUR/USD rebound can only expect to encounter fresh selling into strength in the short-term as many models point to a test of the 1.4600 option barrier level into the medium-term. Stops are touted below 1.4630/25 support so expect a blip lower should this zone be erased.
Having seen no key data yesterday today we have key data in both legs. German ZEW data is first up, at 09:00 GMT, with the August index widely expected to rise slightly. The prior -63.9 reading marked a record low so a slight consolidation could see a drift to -62.0 in the gauge of economic sentiment.
Technically, EUR/USD has now broken below key longer-term trend-line support and if the price can sustain the latest weakness and close the day below support at 1.4655/60 then further downside risk will be opened. This would put the pair on course for a test of 1.4450/4500 amid the next leg of the move lower. [email protected]

I know we have had differing views but Thanks for posting the links today, I have found them informative (not being sarcastic).

Ok, forgiven, peace

Hey Jay, just put the guy on ignore, that's what most of us here did already.

jurrasic r u on short?

Yes, small one, don't mind holding it through some red for a while. Think we could head lower soon..

I would like a new start with you. You are very knowledgeable and I will try to take your suggestions if any on my posting style.

Sincerely yours


Bruce

I've got to say, I like the way you're thinking!

short dollars today

short dollars????????? meaning long eur/usd eh?

Ok, same here.

For short-term sells on condition of formation of topping signals the targets will be 1.4720/40, 1.4660/80, 1.4600/20 and/or further breakout variant up to 1.4540/60, 1.4480/1.4500, 1.4420/40