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EURUSD

  • #125,461
  • Jul 27, 2009 6:14am Jul 27, 2009 6:14am
Quoting Domas4
Still goin for 4300
4300 then?
  • #125,462
  • Jul 27, 2009 6:14am Jul 27, 2009 6:14am
Quoting Domas4
Still goin for 4300
Just hit weekly R1 at 1,4295 at the pip, might not get to 1,4300 and chances it will retrace back to weekly pivot at these overbought levels are rather high.
Kjellik74
  • #125,463
  • Jul 27, 2009 6:15am Jul 27, 2009 6:15am
Long-term it's going to 1.08, we are in a harsh and awful downtrend, that isn't done. We're not going to bounce back up and see a test of 1.6, and go above to 1.8. I don't think we'll see a double top at 1.6 either, .. This problem is we have a president that won't notice, and is too busy talking to the media...
  • #125,464
  • Jul 27, 2009 6:21am Jul 27, 2009 6:21am
I would really hope for 1.43 to hit. There seems to be already some profit taking along 1.429x so once those positions are out, we should see a steeper dive down.

Just my thought.
  • #125,465
  • Jul 27, 2009 6:27am Jul 27, 2009 6:27am
Quoting Clouds
Long-term it's going to 1.08, we are in a harsh and awful downtrend, that isn't done. We're not going to bounce back up and see a test of 1.6, and go above to 1.8. I don't think we'll see a double top at 1.6 either, .. This problem is we have a president that won't notice, and is too busy talking to the media...
I cant look that far in the future..
  • #125,466
  • Jul 27, 2009 6:39am Jul 27, 2009 6:39am
Hmm... looks like a huge protection of 1.43...
  • #125,467
  • Jul 27, 2009 6:42am Jul 27, 2009 6:42am
Quoting Xaron
Hmm... looks like a huge protection of 1.43...
Yes, as soon as people get the idea, we'll see a whole lot of selling.
  • #125,468
  • Jul 27, 2009 6:42am Jul 27, 2009 6:42am
Now go, Dollar and Yen, GO!

Ugh... that I (the Euro bull) would ever say that...
  • #125,469
  • Jul 27, 2009 6:48am Jul 27, 2009 6:48am
Xaron,

is it time to short now ?
Trading Forever !!!
  • #125,470
  • Jul 27, 2009 6:51am Jul 27, 2009 6:51am
Quoting cscheat
Xaron,

is it time to short now ?
For me it was already time a while ago. But please do your own decisions. Personally I think this is a great short now with stops above 1.4350.

But in the end the market is always right. Expect the unexpectable. Maybe we see a short squeeze... There is still a lot of cash out there which want to be invested...
  • #125,471
  • Jul 27, 2009 6:59am Jul 27, 2009 6:59am
Careful shorts...

Its not over yet..
  • #125,472
  • Jul 27, 2009 7:00am Jul 27, 2009 7:00am
I don't like that. Looks very explosive - the only question: In which direction?
  • #125,473
  • Jul 27, 2009 7:02am Jul 27, 2009 7:02am
US just got on, they have been bearish.
  • #125,474
  • Jul 27, 2009 7:05am Jul 27, 2009 7:05am
PA looks like short (in almost all timeframes below H4) but be careful...
  • #125,475
  • Jul 27, 2009 7:07am Jul 27, 2009 7:07am
Some cycle guy (McLaren) has "predicted" (through his cycle theory) that today on monday will be a low in the USD index. Well, let's see if he's right.

BTW: He's been always right in the last months...
  • #125,476
  • Jul 27, 2009 7:09am Jul 27, 2009 7:09am
time to sell??
  • #125,477
  • Jul 27, 2009 7:10am Jul 27, 2009 7:10am
Ashraf Laidi, chief foreign exchange strategist at CMC Markets, has a short term bearish view on the Euro as well before it reaches 1.50-60 by the end of the year...
  • #125,478
  • Jul 27, 2009 7:11am Jul 27, 2009 7:11am
Quoting acahje
time to sell??
Who knows? If I'd know for sure I won't post in forums but have some nice drinks on some island.
  • #125,479
  • Jul 27, 2009 7:14am Jul 27, 2009 7:14am
Quoting Xaron
Some cycle guy (McLaren) has "predicted" (through his cycle theory) that today on monday will be a low in the USD index. Well, let's see if he's right.

BTW: He's been always right in the last months...

low??
like 0.7?
1.4000 ?
what was his estimated low price?
  • #125,480
  • Jul 27, 2009 7:14am Jul 27, 2009 7:14am
Quoting Xaron
Who knows? If I'd know for sure I won't post in forums but have some nice drinks on some island.
i can have some nice drinks but in my bed room...islands dont have internet
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