held beliefs....Id say we should advance heavily south from this point...lets C
Re: EurUsd short term 15 replies
NFP nice bump up on EURUSD 2 replies
DislikedEvening all, after another day of dealing with the great unwashed public, I see my euro shorts are still drowning in the deep end...I'm still hoping for a 200-300 pip drop but euro isn't obliging!!!Ignored
Dislikedheld beliefs....Id say we should advance heavily south from this point...lets CIgnored
DislikedOpened up a bottle of red and decided to see what is cookin here, the Mrs has friends over.
Plenty here have given a darn good overview of this pair today on the thread. Holding shorts in light of what is happening in DC is suicide on a day like today. Yes we had a good profit taking setup on the LO, but the market as a whole is dumping dollars in wholesale.
Till we get a resolution from DC, which we all expect this week don't go buying the dollar just yet.
Fundamentally there is a global shift happening this week from dollars into euros,...Ignored
DislikedI look at news the same as I do political parties.....all the same...just diff sheeps skinIgnored
DislikedYeah; mostly just trife anyways... although I do enjoy Jon Stuart and Stephen Colbert. That's my type of news.Ignored
Disliked24 will see some profit taking, you can count your chickens. Cloggie does not cover somewhere for no reason, however I would not see any retrace at this point of the day as a sign of a full blown reversal just yet. WE are fundie driven and only a change in fundie can change the direction here.Ignored
DislikedThere are deeper fundamentals. Perhaps, one should just rely on the chart.
40% of the world's debts are still dollar denominated. A shortage caused by even temporary default would have a catastrophic domino effect?? jmoIgnored
DislikedNice Cloggie.. What's your timeframe for levels - hopefully asksIgnored
DislikedA super liquidity crisis....much worse than the 2007-08Ignored
DislikedI got what I wanted out of the day, 24. We will see profit taking here, guaranteed. I posted my next 2 levels earlier today, as to timeframe on both of those, I tend to take time out of the equation, other then specific daily occurences, opens, closes, fixes, etc.
Without a fundie trigger this will continue, just a matter of you guys to figure out from where. Price never moves in a straight line and will give plenty of opportunities to either join in the party or cover losing trades at very obvious price levels and patterns.
Will I be buying...Ignored