EURUSD

I'm still looking to short EURUSD, as long as it doesn't go above 1.346.. the 38.2% retracement for the leg down from 1.36323 to 1.33595 on a M30 chart...

JICAGAFF

(Just In Case Anyone Gives a Flying F@#k)

My current positions.

EUR/USD - Weekly chart; long @ 1.2758
Daily chart; short @ 1.3486 (yep, a hedge).

EUR/GBP - Daily chart; short @ 0.8682

USD/JPY - Daily chart; long @ 82.36

USD/CHF - Daily chart; long @ 0.9966

And more recently

AUD/USD - Daily chart; short @ 0.9844

Silver - Loaded up 150 more ounces @ 27.04

I'm also watching 3405 on the hourly fontu, and waiting is better than losing...good luck today

I was about to short it as well... at 1,3400 for 1,3360...but when i was about to do it the pair dropped 10 pips in a matter of seconds...the RR wasn't good after that.
Now lets wait for London i have to say

Its early K, I'm sure we will get some good opportunities later. BTW nice trading yesterday...

In long term was c move above 1.45 but seems it fail don't know why and today candle on my chart give sign to much more drop coming
So weekly close will confirme reverse if not much more fall

I think u also was expecting and read fly on ur chart.

huhu

did you close the short yesterday or keep it?

i had to catch some sleep, so i woke up to a nice 1.8% profit.

Yes it is only the beginning of a sweet day.
Thank you...nice for you too...another profitable day
Good luck for today.

I covered early, like a jackass...nice trade by you brother

It's not surprising considering that the proverbial shit is hitting the fan in Ireland and soon Portugal, Spain and Italy may very well follow.

The last domino to fall will be France. That one, if it gets there, will hurt...a lot.

But I have no confirmation on my weekly chart yet.

if a nice setup develops apart from the scalping this tiny range right now, i am going to take 40% profit at 3333, move sl to be and watch out for the bounce.

if we don't get up tp the dpp... kazooom

you thinking of selling against 5min 200ema, for a scalp?

3350 and 2950 should act as a good support.
hope all of wise traders know why

According to charts 3303 is next target. I am short.

Targets: 3350, 3303

582 on those irish spread early, down 4bp

Yes when weekly candle close we will C , For me now it's standing @Turning point.

in this situation i wouldn't even call that a scalp, even if it shouldn't bounce sufficiently. the direction is down and i would not even flinch now when it became necessary to keep a trade open for some time. but keep in mind that my positions are rather tiny.

portugal is next, though i thought portugal might be outraced by spain.

say do you ever mess with the 55EMA on the 15min?

UPDATE:Mersch:Market Can Distinguish Among Eurozone Countries
–Updates the story transmitted at 01:33 ET
PARIS (MNI) – European Central Bank Governing Council member Yves
Mersch on Wednesday sought to downplay the danger of contagion from the
Ireland crisis, saying that financial markets could ascertain the
differences among EMU countries.
“Markets are able to assess the difference from one country to
another,” Mersch said in an interview with CNBC Europe, a small excerpt
of which was played moments ago.
“A question that is being asked is whether [the crisis] will spill
over into the whole region, and if I look at the markets there are
differences in bond yields. In some cases bond yields are extremely
low,” he said, noting that this would not be the case if the crisis were
affecting the Eurozone as a whole.
Mersch, asked about the future of the ECB’s sovereign bond-purchase
program, known as the Securities Market Program (SMP), noted that the
environment today was much more secure than when the program was
launched in May at the height of the sovereign debt crisis.
He observed that at the time, the ECB was acting in the absence of
any institutional crisis resolution mechanism and that since then, the
European Financial Stability Facility has been created, Greece has been
rescued and Ireland is now next in line for help.
“So we are in a wholly different environment now than we were when
this mechanism of SMP was set up, and we have to take into consideration
this change,” he said.
“But this does not mean that the SMP will have to be swept
altogether, only it is not at the present moment in the same functioning
mode as it has been six months ago.”
In the debate over economic governance, in which the ECB has
criticized EU leaders for not proposing stringent-enough rule changes,
Mersch expressed optimism that the European Parliament would come
through with sufficiently strengthened measures.
He noted that the Parliament had played “a very important role in
strengthening” macro-economic surveillance. “So why would we at the
outset be negative and not expect that the European Parliament would
again come up with a very responsible attitude towards economic
governance and that we would have a strengthened procedure not only for
the 3% [of GDP] deficit [rule] … but also to strengthen macro-economic
surveillance, which is insufficient inside Europe?”
He added: “Inside a currency union, we need to go in that way, and
we cannot leave all the responsibility to the private markets.”

www.forexlive.com

Ideally if i see a new daily high during Frankie it will be my trigger for a long for 1,3470 first but 1,3600 as THE target.
Otherwise a beautiful engulfing candle might make go long..time will tell.
For the downside i will target 1,3310-1.3290-1,3250 for today.