EURUSD

Hey,

isn't 3235 still in the play?

if 3362 is the st top ill target 3181 min st.. 3189 should be a big #..

hello gatorinla ! do you not sleep?

i'm sorry, but this post correlates in any way to the your before post?

im bearish... im posting expected pullback if and only is 3236 is breached.

only when i trade. or have sex.. i do that when i trade also.

ok, ok.

Didnt get that.

Nice ES on Daily. Lets see , where to go from here. Watching PA.

probably it will go down little bit than move up quickly

See the magic of EW. 2 BIG trades.

yeah, the key here is if 3236 is breached. IMO, possible place to short is at 1.3249 & 1.3273. I will short there if the PA permit it.

Here we go!

Let's hope we get to 3171

I have been short off & on since about 1.40, learned my lesson on many 'overpassed' pips.

I am sticking with a short for the long haul with my main account and going to intra-day trade the PA with my 2cd account.

With that said, I think we are headed to a eventual placement of the 1.00-1.20 zone ... pretty much import/export parity with the U.S.

Using common sense and looking into the future. IMO, Europe is expensive & the EURO is overvalued & has been for a while {since 2001 maybe}.

I keep reading comments on here comparing the U.S. to the EURO, i personally cannot make that comparison as EURO is a group of countries/zones & the U.S. is it's own entity.

Saying the Euro is doomed could maybe validate that yes, the EURO is doomed but the countries are not .. saying the U.S. is doomed when compared to the EURO is like comparing a Team of basketball players to a single player.

No one knows, I just think that the overall correction is headed to more of a parity move between states {and by parity, I mean the cost of import/export & not a 1:1 currency ratio}.

With China & India booming, personally I think it is only a matter of time before manufacturing comes back to Europe & U.S., seeing that the U.S. pay raises have been 0% for the most part of the working class & China see's annual raises amongst it's workers as high as 15%, and then you compare inflation from 1% in the U.S to 5% in China ... the cost to do business is growing exponentially & at this rate, 10-30 years & it will almost be cost-effective to produce goods domestically.

This is just my take on things, my account for long term trades I check maybe once every week or two & I am bullish to the U.S right now and Bearish to the AUD, NZD, GBP & EUR.

Good luck & good trading.

But please compare the NZD/USD & AUD/USD monthly charts I provided as they are very well connected.

& IMO to the Euro after reading some comments here, I personally just ignore December as PA can be over-exaggerated by a couple hundred pips.

if and only if 3236 is crossed. upper pink box.

There is much more to just time ............... West would need to adopt to a whole new order, and that would be difficult part but will eventually come ................ I hope.

"whole new order", nah ... not IMO, right now if I own a business that needs goods to be produced. I look at the cost of manufacturing, the cost is higher in the U.S. so I outsource to overseas.

If overseas becomes expensive & it is cheaper in the U.S., then I will have it done in the U.S., it is a very slow process, but I personally think manufacturing will at least grow in the U.S. instead of shrink ,starting in a few years {by few I mean 10-30}.

Remember K.I.S.S. {keep it simple stupid} ... I try to just keep it dumbed down & uncomplicated. the uncomplicated truth ... it's expensive to build stuff in the U.S., if it is cheaper, then we will build. Just my opinion though.

KISS - A drastic change is never easy but I hope the US and Europe with all their technology and wisdom will ultimately find a way ......... but I am still of the opinion it will not be so easy.

ps. I am short until 3188

I guess to sum-up what I am saying, i am not saying a 'pro-U.S.' or 'pro-Europe' comment, I am saying that we are in the early stages of a global revolution for the way things are done.

In life, nature, etc, everything has a cycle, I think that the worlds cycle will even it self out a little bit more. I just see more parity between the cost of goods between countries.

when it comes to export or import, a few months can change how much you pay from 1% to 40%, this I think, inevitably, will change to smooth out a little bit more.

U.S. military stationed overseas are paid 'COLA' {cost-of-living-allowance} and this is a few hundred u.s. $'s to even out the cost of goods in a country.

Look at it this way, a military paycheck goes up {depending on rank} 5%-35% to just make up for the cost in that area.

It will even out IMO.

even of theories, back to the EURO, as 'Yung Joc' would say ... 'its goin down'

1.3230 ahead.. good luck

What's up f@#kers!