DislikedDon't forget that's it's the start of the month / quarter, money is flowing...Ignored
and what the cause of the recent spike in EUR/USD in the last 30 minutes ?
thanks
Ayman
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DislikedDon't forget that's it's the start of the month / quarter, money is flowing...Ignored
Dislikedthen why were you asking the forex Gods to jack it up !?!?!?! damn, had to inject a few billions just to make it look good to you! I want my money back!Ignored
DislikedApologize, correct my post...Nasdaq 09 pivot is 1690, not 1666, it is now printing 1670.Ignored
DislikedHi fxswing, what is the usuall expected effect of start of the month / quarter on currency especially EUR/USD ?
and what the cause of the recent spike in EUR/USD in the last 30 minutes ?
thanks
AymanIgnored
DislikedI have a V-top at 4641 on EU with Bearish DIV on RSI....But looks like the CHF could drop a littel more to 0289....
Vinesh2 are you looking at a better place to SHORT....
Atlast your median line was around 4625 I believe....your thoughts are welcomed.....to many good arguments for a Short or LONG here....Ignored
Dislikednah. i am just an average trader
anyway, if you want to read more forex topics.. u can go my blog and click on forex... i have topics like... gold and usd ... S&P 500 and eur/usd relation
etc etc
www.thegeekknows.com
happy reading and best of trades !!Ignored
DislikedFly2 & trading801,
Thank you guys..i am negative at the movement, but it is still under 2% of risk..hopefully EUR will drop soon...
801, thanks for the link..i will go through it during the week-end.
-myfx-
Ignored
DislikedLots of players take positions at the start of the month/quarter.
This often gives big moves on the 2-5 first sessions of the month / quarter.
For the "spike" I would say that daily/weekly buyers entered the market again after a decent pullback, below 1.4500.
Nothing really changed and the trend is still up on higher time frame.Ignored
DislikedLook at the chart I posted...this will give you some direction...
http://www.forexfactory.com/showpost...stcount=148306Ignored