EURUSD

never underestimate bart or bs

period.

touched the up tl of h1 up channel @ 1.2695 i hope it is happy now . shall we fall now ?

this rally sucks, but that's the game, watch for big move... UP. Yes, up to kill shorties who positioned now.

.2740 looks even better #1702

hi all this will be my history in posting within this usefull forum....is the market done with its high point, meaning to say, is it good to short now on E/U?

good moment for sell.. 1.2685 (SL: 1.27)

don't you think it's a good idea to back up your statements with something?

Shooting Star on M5

usd index >>> down

hahha this is good ^^

going below 83.82

LOL need to memorize that- Bart Simpson spike

Thanx Cat ! Always a good and useful read those Sostratos. As I know their methods - and they are more than welcome to me. Many Jongens and Mädeles are standing around here and like to piss against the wind. It looks a bit as if so.


All the best !


palim

Yes just read " European bank stress test results due on July 23" from someone linked it here & one good comment & other information but understand nothing as to clue to the craziness bull showing today , extremes of anything is bad , I like the formula & when it fail bear automatically come even if not willing to . something must come do or die permanently . yes eu passed the stress test after it crossed 1.2674 as per chart & market , that is true & some up likely but we observed crazy movements like this will always fail at one point/firing level reached now or soon .
fontu

http://cdn.forexfactory.com/images/attach/pdf.gif


2010-07-08_European Forex Technicals.pdf (9.0 KB)



European Forex Technicals : GBP/USD Eyes Break Above 1.5230
8 Jul 2010, 08:27



Intraday


EUR/USD:


Wednesday's inside day consolidation has prompted a push into fresh seven-week highs above 1.2663, and is looking to tackle resistance near 1.2700. The main objective lies at the wave equality target at 1.2765, which is close to the long-term bear resistance line at 1.2788 for the current session Thursday. Corrective weakness will attract support around 1.2600, and only below 1.2553 would concern near-term bulls.


Weekly chart EUR/USD trend: Bullish.





und tschüss

I guess, they are trying to pull it up to 1.27 and get their profit. The bull is very weak, as if someone's trying to pull it up with all his power, but it won't make it further; after 1.27 it's free fall time :-) will close long and go short at @2700 get 20 pips and then long for another 20.

1,27 at any moment. All pairs are still going up. I don't know how much long will hold

Since we are at a pivot area question is where are we going next.

from what i see there is big volume being accumulate on the short side.

my immediate question is: where is the ceiling?

the simple answer is: it's above our heads if we are inside. but when it comes to EU i really don't know. have heard some informed opinion here saying 1.2711 or 1.2740... we will see.

i am long (+30 pips) right now and i am considering taking these out and waiting for the unfold. on the other hand i can hold on and let it run (if it does) up to my TP at 1.2727.

probably i will let it run since i see (yet) no clear signs of reversal. also we are far from daily average trading range.

will we have a huge move down when the smart money comes in? or are we still to see a big struggle before the downer?

any thoughts on this are welcomed.

I know fontu, I know, this annoys me, too. But as you now, before we reach 1.35 this moves can keep on. Lots of shorts have to be covered.
Timeframe is essential these days, pros have it difficult to play the daily game.

By the way, they cannot drop it below 1.2677(76) right now before reaching at least 1.2705 (about) or they don't earn money, but that's another story.

Jack