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EURUSD

  • #484,381
  • Jul 8, 2011 9:26am Jul 8, 2011 9:26am
Up? or Down? It's a tough problem.
Believe what you see instead of what you think!
  • #484,382
  • Jul 8, 2011 9:28am Jul 8, 2011 9:28am
I have read through some of the better traders back logs of posts....seems to me if u have to guess the direction then now is not the time to be gambling....gotta wait till the momo...


Quoting JasmineQu
Up? or Down? It's a tough problem.
  • #484,383
  • Jul 8, 2011 9:28am Jul 8, 2011 9:28am
What support levels do the bears need to break through?
Anything can happen.
  • #484,384
  • Jul 8, 2011 9:29am Jul 8, 2011 9:29am
Quoting Venice
Aye sisse... I am still looking for 448x as a first target, but the way euro has been working on that lower trend line of the triangle these last two days I may need to change my view.

But at the same time, pretty heavy rejection is shown as well... so the question then becomes.... rejection, or consumption?
Agree and difficult to call with the current TA and FA.

On the FA side, the puppet master keep saving the day for the Euro in every conference but losing impact each time with hikes and expectations openly on the table and with "magical"technicalities to try to avoid what politicians in the EZ refuse to do. However on the other side, the dollar is sluggish and refuse to take the driver seat and US #s keep disappointing so it all depends on the reaction of the stock markets.

On the TA side, that FA picture is clearly reflected. But everytime the euro is going to break the consolidation (that triangle or whatever), debt hit the tables and bears jump on board. And also like today when dollar can take the lead (for the first time in 3 years) dollar get hammered with bad numbers.... So rejection or consumption really don't know, hard to tell.

Daily and above keep holding the uptrend HH and HL but on the edge and the current pullback is closer to form a range than a new impulsive wave up. H4 and below bears are very strong and in full control all week.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #484,385
  • Jul 8, 2011 9:32am Jul 8, 2011 9:32am
1.4276
Anything can happen.
  • #484,386
  • Jul 8, 2011 9:32am Jul 8, 2011 9:32am
Quoting FX-Ray
Nice Trade!
Yes ... and some late sell-off activity now ...

As mentioned in my TA from last night at 00h38 CET and posted "im Bunker Wolfsschanze" ...

But sorry ... I did not foreward it for you ... but will do so in future if you like



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #484,387
  • Jul 8, 2011 9:33am Jul 8, 2011 9:33am
1 hour to destination..... worth a watch

http://www.nasa.gov/externalflash/135_splash/index.html

im out of here...going into the weekend.

catch ya all on sunday/monday

Jonas
Hero calls followed by margin calls...
  • #484,388
  • Jul 8, 2011 9:35am Jul 8, 2011 9:35am
Quoting mercy seat
Yes ... and some late sell-off activity now ...

As mentioned in my TA from last night at 00h38 CET and posted "im Bunker Wolfsschanze" ...

But sorry ... I did not foreward it for you ... but will do so in future if you like

;-|
Sure, why not
  • #484,389
  • Jul 8, 2011 9:35am Jul 8, 2011 9:35am
1.4 is going to be tested next week.
Don't get mad, get even!
  • #484,390
  • Jul 8, 2011 9:35am Jul 8, 2011 9:35am
Quoting mercy seat
Yes ... and some late sell-off activity now ...

As mentioned in my TA from last night at 00h38 CET and posted "im Bunker Wolfsschanze" ...

But sorry ... I did not foreward it for you ... but will do so in future if you like



;-|
Welcome back
Don't get mad, get even!
  • #484,391
  • Jul 8, 2011 9:36am Jul 8, 2011 9:36am
Stulic-

R u still in your short?

Quoting stulic
1.4 is going to be tested next week.
  • #484,392
  • Jul 8, 2011 9:38am Jul 8, 2011 9:38am
Friday is often about a dayhigh or daylow close...
  • #484,393
  • Jul 8, 2011 9:38am Jul 8, 2011 9:38am
Quoting arezab
Not every Friday is going to be choppy. Today the way market is moving is crystal clear to me. Simply put the bulls are in control coz they covered nearly %85 of what bears have endured today ... and there is a history of bulls activity (demand at 1.4220 area) from yesterday which highly strengthens the probability of the market being for bulls (midterm of course).

In the matter of daily and higher I see a flag formation which is going to turn highly bearish in near future that is coz I see those lower highs and bulls getting weaker with every...
the price can go on both side
  • #484,394
  • Jul 8, 2011 9:39am Jul 8, 2011 9:39am
Quoting cloggie
No


Why are all you muppets here, this is a fuckin trading thread and most of you have no fuckin clue, the noobie thread is 3 doors down the hall.

Kiss my orange ass.
Attached Image
  • #484,395
  • Jul 8, 2011 9:40am Jul 8, 2011 9:40am
Quoting needpips
Stulic-

R u still in your short?
Nah mate haha, all closed 10 min before nfp, was +30 scalp.
Don't get mad, get even!
  • #484,396
  • Jul 8, 2011 9:40am Jul 8, 2011 9:40am
Quoting cloggie


Why are all you muppets here, this is a fuckin trading thread and most of you have no fuckin clue, the noobie thread is 3 doors down the hall.

Kiss my orange ass.
Congrats on 10K
Anything can happen.
  • #484,397
  • Jul 8, 2011 9:41am Jul 8, 2011 9:41am
Quoting stulic
1.4 is going to be tested next week.
Possible but improbable.
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  • #484,398
  • Jul 8, 2011 9:41am Jul 8, 2011 9:41am
Weather Very very Hot OUT THERE
But we insist for freedom and Justice
2 sample photo
No one can stop US
http://www.facebook.com/photo.php?fb...&type=1&ref=nf

http://www.facebook.com/photo.php?fb...&type=1&ref=nf
  • #484,399
  • Jul 8, 2011 9:41am Jul 8, 2011 9:41am
Quoting stulic
Nah mate haha, all closed 10 min before nfp, was +30 scalp.
Reversed after for this one
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Don't get mad, get even!
  • #484,400
  • Jul 8, 2011 9:41am Jul 8, 2011 9:41am
wow what's with the selloff
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