EURUSD

1 hour. Pffft! Much too long!

Does anyone know where Psiholog is?

He should be back after break of that longer term trend line

1st post,but active lurker...don't think this baby can hold up much longer at 290 pips off Friday low...holding short for the backfill and will reevaluate after the backfill...

Not many would do this to a Blacksheep, but we welcome you to the thread Blacksheep6.

Me too think same way. But let's see.

Thanks Chicky...been at this 3 years and didn't start "making my own road" till last summer...have some input here but chillin for now...thanks again for the welcome aboard...

It has been way off the lower PV for a while now and if you look at the daily 354X is the middle PV then if you take the 1hr chart and look at the 38% Retrace it falls right on it........ in short combined with that long move up im short to 3540s maybe lower depending on how this swings and mostly how fast it swings

in at 13650

Blacksheep6- indeed, it takes time to make a road. We will wait for your contribution, whenever you feel like.

fridays thoughts

gone long gone short.. a what the puke moment for me. i didnt have a horse in this race.. my what the puke was wheres the beef?? gone long gone short?? im gone fishing for a couple of hours.. bbl....maybe dust settled on the beef when they realised people are making less....and although numbers show a slow down we are not out the woods..and the slowdown was census workers hired by gov.

long eu gu and ey... i will feel better if we close above 3517eu and gu above 5281.

double edge sword. equitys up and in corolation oil is going up.. at what point does the price of oil slow down equitys? at what point do both fall or stagnate? i dont think we will see 1.6 anytime soon. wages are down and employment still high. this dog wont hunt till one or more of these things change. im gonna enjoy the ride till reality sets in..then ride it on down.. imfuo we have been here before just after all time equitys high..

no i was commenting on the gap thing said.. no i think this north movment has legs as long as equitys move up.... but i will feel more comfortable when gu closes above 5281 eu above 3517

im on the gravey train for as long as it last.. i do see problems though as equitys go up so does oil. at some point oil will be to high to sustain further growth of equitys..and both will fall as it did last year. employment is still down. sure eventually chinindia will create a big demand for oil. but not as long as employment is down.. you cant buy as much cheap crap without a job. there is a lag time between employment and equitys pointing a direction. equitys say north. employment slowed but has not turned yet. maybe it will next month. if eu continues to head north until next nfp and employment increases.. this could be a rocket.. i guess then inflation will kick in and the raises will began..

i tend to agree with your chart as long as employment is heading south.. at some point something has to give.. just dont know what the numbers should be, at what point.. timing is everything.. but i will ride this train till the wheels fall off..then board the south bound train..less real estate down then there was last summer at 1.6/1.23 move . this is not a prediction just an awarness of whats going on around us. every action has a reaction..

PA poised for a upmove to take out 13780.....ignore at you own risks.

Congrats on making your own road and welcome to FF.

hi folks.. hope you had a good weekend.. just looked in my positions.. since friday.. overall up 3.5 % at this moment and still have not locked in any profit..will do if gu gets above 5281...

playing in the traffic

Thanks Gator. Good analysis. Just one quick question: That was USD. If you have any thoughts on Europe, will help complete the pair.

What do you mean PA can you explain i think it means PRICE ACTION ??

So, it doesn't mean Political Analysis.

Damn it!

Yeah, Price Action makes more sense

nope...its a wait n n see game.. eg overall since nov has been bearish.. using this i would say lets see the stronger (gbp) of the 2 get above the next long term fib...and the stonger lately is the gbp..make no mistake the euro and the dollar suck against other majors acording to their index the dollar just still sucks a little less. i got the eu aready north to make a bull run.just wanna see gu follow up its move.. before relaxing... i would not be surprised to get back to 3517.. but im willing to keep my long for now..

*cof* *cof*

Sorry!

yea that too... its a winter illness... lots of time to mutate of summer months..i hear it may put viagra out of business because new strand makes pennis swell..there was three cases reported where 2 ladies died from this..

G.Morning all freind here.. i am looking for sell after breacking TP 3550