Attachments: EURUSD

EURUSD

Last Post
1 10211 10212 Page 10213 10214 10215 61391
1 Page 10213 61391

#204,241
Mar 1, 2010 10:19am Mar 1, 2010 10:19am

Redeemed1
| Joined Feb 2010 | Status: Fast dimes are better than slow $s | 581 Posts

Can those here with a little more "know" outline the ramifications to EUR/USD of the various scenerios with Greece (bailout/default/bond sale etc) ? I get the sense that the next week or so will be a crucial one as ECB/EU will likely want to beat a potential and perhaps likely downgrade. Thanks in advance, I appreciate you guys.

#204,242
Mar 1, 2010 10:19am Mar 1, 2010 10:19am

freedom48
| Joined Sep 2009 | Status: Trader | 1,621 Posts

Quoting Trading Cat

Disliked

EURO-DOLLAR: Rebound said to be driven in part by investment bank buys
of euro-dollar and cable. Euro trades to $1.3505 now.

EURO-DOLLAR: While the reasoning behind the last downdraft in
euro-dollar remains obscure, traders say some good quality selling hit
the currency ahead of the London fixing, though perhaps too far ahead to
be fixing related. Good quality names and some funds hit the pair on
the way down from $1.3500 for a base at $1.3460 with euro now regaining
some poise to near $1.3500 now that the selling has run its course....

Ignored

they always speak after things happen...Is there anyone who speaks before things happen....)))

" Accepting losses is the most important single investment devise "

#204,243
Mar 1, 2010 10:20am Mar 1, 2010 10:20am

uabaid
| Joined Mar 2010 | Status: Trader | 4 Posts

first target is 1.3505 and seconde target is 1.3531

#204,244
Mar 1, 2010 10:20am Mar 1, 2010 10:20am

Clouds
Joined Apr 2008 | Status: Trader | 7,674 Posts

this consolidation, it'll break down, but 'WHEN'

#204,245
Mar 1, 2010 10:23am Mar 1, 2010 10:23am

dean walker
| Joined Feb 2010 | Status: Trader | 450 Posts

went right thru my upper fib if she gets below 3500 should be a straight shot to 3460

Still holding long[/quote]

#204,246
Mar 1, 2010 10:23am Mar 1, 2010 10:23am

speedyscalp
| Commercial User | Joined Feb 2010 | 35 Posts

Quoting Clouds

Disliked

this consolidation, it'll break down, but 'WHEN'

Ignored

When it breaks down maybe?

#204,247
Mar 1, 2010 10:24am Mar 1, 2010 10:24am

TheLastCoke
| Commercial User | Joined Feb 2009 | 5,030 Posts

Quoting Clouds

Disliked

that's a pretty heavy daily candle, wouldn't want to go against that, even if we're at support

Ignored

Two Sentences:

1. Heavy daily Candle: We haven't seen any 200+ pips move lately.
2. We are at support: What's the best place to buy if not at support.

So, why not go ''against it''.

Attached Image (click to enlarge)

Click to Enlarge

Name: average.gif
Size: 15 KB

#204,248
Mar 1, 2010 10:25am Mar 1, 2010 10:25am

ozobU
| Joined Feb 2010 | Status: Trader | 191 Posts

Found this interesting

The put call ratio on MAR FXE is extreme

Not so much in APR

Attached Image (click to enlarge)

Click to Enlarge

Name: 2010-03-01-StockAndOptionQuoteForFXE.png
Size: 51 KB

#204,249
Mar 1, 2010 10:25am Mar 1, 2010 10:25am

Micjon
| Joined May 2008 | Status: Trader | 59 Posts

Quoting freedom48

Disliked

they always speak after things happen...Is there anyone who speaks before things happen....)))

Ignored

Prophets

AND

fortune tellers

#204,250
Mar 1, 2010 10:26am Mar 1, 2010 10:26am

onewish
| Joined Aug 2009 | Status: past price-shows-future price | 224 Posts

Quoting gatorinla

Disliked

lots of greece news allowing it not to go down. but many fail to see ez (as a group)can not bail out greece without a charter change. a charter change would not be easily done or fast. germanys public is against any german money in bailout. and there are many hands out behind greece. im still selling tops.. still looking for 3400 but math says 3340.. st. later long term 1.2 and 1.04... might want to stop listening to people in the media with their guest trying to move the market in their favor. tick tock

Ignored

Gat,

looking at the positions in the options market I don't think you will have long to wait for 1.04.
Last month strike price bets put on for 1.08 by july.

We wait to see if this becomes reality

#204,251
Mar 1, 2010 10:26am Mar 1, 2010 10:26am

Clouds
Joined Apr 2008 | Status: Trader | 7,674 Posts

Quoting TheLastCoke

Disliked

Two Sentences:

1. Heavy daily Candle: We haven't seen any 200+ pips move lately.
2. We are at support: What's the best place to buy if not at support.

So, why not go ''against it''.

Ignored

too risky for me, id rather sell below support

#204,252
Mar 1, 2010 10:27am Mar 1, 2010 10:27am

Kambooj
Joined Dec 2009 | Status: Trader | 2,319 Posts

Quoting Clouds

Disliked

this consolidation, it'll break down, but 'WHEN'

Ignored

Around 3515-3520
in half an hour I say

#204,253
Mar 1, 2010 10:31am Mar 1, 2010 10:31am

uabaid
| Joined Mar 2010 | Status: Trader | 4 Posts

During North American session on Monday, the U.S. dollar rose to a 4-day high against the euro. At 10:30 am ET, the dollar hit a high of 1.3462 against the 16-nation currency. As of now, the euro-dollar pair is worth 1.3485, compared to Friday's close of 1.3634.

#204,254
Mar 1, 2010 10:31am Mar 1, 2010 10:31am

speedyscalp
| Commercial User | Joined Feb 2010 | 35 Posts

Quoting dean walker

Disliked

went right thru my upper fib if she gets below 3500 should be a straight shot to 3460

Still holding long

Ignored

[/quote]

We'll see where this takes us.

#204,255
Mar 1, 2010 10:32am Mar 1, 2010 10:32am

gatorinla
Joined Oct 2008 | Status: sideline is a position | 105,124 Posts

Quoting onewish

Disliked

Gat,

looking at the positions in the options market I don't think you will have long to wait for 1.04.
Last month strike price bets put on for 1.08 by july.

We wait to see if this becomes reality

Ignored

it takes time for a ship to change course. i had my ticket before the band was playing. but that tf seems early.. but i will not complain