EURUSD

Ok, SLs were at BE Equity still intact, on to the next entry...

was interesting -

KEEP SHORTING

1.2644

Hmm, I didn't like how quick it's selling off. I closed the position at BE and I'm waiting for the bottom.

now that was a breakout!!!

Are the Asians on Steroids? -

Daaang, closed up on the shorts too early I guess

Uhh, I think the correct TA term on bottom right is Bolli-Freak-n-ger Bands.

....this was predictable!!

I argue all to study Ichimoku really hard!!
PA very easy to read!!

Glory be...

That was...intense.

Gee Whilackers - I'm sorry. Didn't really mean to scare everyone by posting all those doom-and-gloom articles.

But it sure looks like they DID THE TRICK !

Ho Ho Ho...

How you liking those charts now Buckaroo?

rebound in the making? (oversold)

To say the least... now going long 1.26771

I see only drops this week, but there are always a but!!

For now I have two important TP at, 1.2644 and 1.2622 all depends if we will see a nice retrace now or later!!!

Levels to enter short again 1.2726, but with this power, simple open shorts and go to bed.

Do not be greedy!!!

Time to bed for me, with a couple of shorts open!!!

bye people, and please do not long this!! FOR NOW!!

The [DLR/YEN] rises through 92.00 along with the [EUR/DLR] sales led overall Dlr strength, and as a result stops at the figure are probably tripped as the high is 92.05. Generally offers are noted at the 92's, but some banks report mixed orders to 92.50. 92.20-40 still looks like the heavy level that is not easy to clear.

The [AUD/USD] rose to an intraday high around the 0.6530/35 level on buying from a Japanese investment bank and a local before drifting back to 0.6510 prior to the release of the RBA Minutes. The pair hit an intraday low around the 0.6475 level on the release of the Minutes which showed that near-term growth remains very weak and that the A$42 bln stimulus package would take time to be effective. With clear evidence that inflation remains in a downward trend, the minutes suggest that interest rates could still come down but at a measured pace which will be a tad negative on the pair.


The [EUR/DLR] is hammered down by a French name's sales, and the 1.2700 barriers are filled. The structures follow at 1.2690 and 80.

My system is telling me to go short. All my rules are in place and I will enter if they are still valid in 30min a short position.
SL will be around 80-90pips, this will be for me a longer term trade eg more then 1h.
Potential of getting to 1.2330 first target 1.2560.

The [EUR/YEN] is rebounding back to the 117's from 116.95 quickly along with the [NIKKEI-225]'s rebound, but heavish [EUR/DLR] is weighing on the pair.


Despite bearish comments from BOE Dep Gov Bean, the [GBP/USD] was able to reach an o/n high of 1.4320 after an earlier low of 1.4150. The Dep Gov said that the depreciation in the Pound was necessary for rebalancing and that the move for the currency was "the right one." Bean also said that there was a 75% risk that growth would be weaker than the BOE's best f/c. He also highlighted the bleak outlook for the economy saying that the central bank may have to "expand the range of assets purchased under the scheme to include government debt" since the Monetary Policy Committee is "running out of room for further cuts". The pair's downside may be at risk ahead of UK Jan CPI f/c at -1.0 m/m & DCLG house price f/c at -10.1%(-8.6). Buying orders at 1.4210 by a M/E name will provide support and selling orders at 1.4320 by a UK Clearer will dictate the range this session.

Aside from technicals, maibe fundamental risk aversion is kiking in.

EUR/USD broke down below 1.2705 support. Suggesting further fall to 1.2600 - 1.2549 level