EURUSD

K, the whole market is like sell. Prepare for possible spike up to flush stops

Just in case...

nice chart and nice trade my friend....

all blacks 38:0 Japan half time score~~
superb!
go all blacks!

@fx_13
13
RT @ForexLive: Talk of major Asian sovereign bids from 1.3780 in EUR/USD bit.ly/q0qXJp #forex

also coincidently the current location of th 100hr ema. might be a good level to defend if you lookin long or short on a clear break.

Moved my sl to be +1. Enjoying 2nd free trade today - nice...

Price failed to close below 3783. Shorts closed. Waiting out the next hour in search of longs. Better still, 80 pips is a good bargain on a friday like this.

if the 3780s are holding it, then we will be heading back to 3850 at least may be even 3910.

Yes bro, poor euro, poor pound, poor japan, will be hiding i on swissy too, stated this morning was eye eu cable swissy, wait all day but they pay me
au doone nothing yet, geppy same cable took a bash Brit open, is nasty 1hr pin, waiting see if confirm

Go long in EU sl 3765 tp 3900

Bankruptcy Greece is already in the price. It can not be otherwise when the market valued the probability of bankruptcy of the country at 99%. Question what's next. It is very important and that's what the market has not discounted, because I do not know how the situation will turn out. At the end of the week arrives for the Polish Mr. Geithner at a meeting of finance ministers of the European Union, probably in order to provide ministers like in practice (exactly) in the U.S. introduced three years ago TARP program (buy bad securities - in default of securities bankrupt (s), Greece ( other countries of the bloc PIIGS). This information is needed because soon probably very similar program - the European TARP - will have to be used for European banks, which fall into trouble because they do not keep an account of the Greek securities in accordance with the principle of "Mark to market" but " Mark is a model "(which is interesting in accordance with IFRS s) which means that in practice is still in the balance sheets are not covered by huge losses on securities Greece. Bearing in mind that in the previous week, Mrs Christine Lagarde mentioned that the weekend is the best term for bankruptcy, and next week we have a two-day meeting of the Fed, it seems that the upcoming weekend is now a good term for the final bankruptcy of Greece, as a powerful potential turmoil can be neutralized in the next week by the Fed. The market has already discounted the bankruptcy Greece, but discounted it as it is, whether controlled or uncontrolled. As with the state of the markets there can not be controlled because bankruptcy is more likely that it will be an uncontrollable impulse. The market is not discounted as to whether Greece will return to the lost coin, and This scenario is most logical in this situation (because the maintenance of the Euro is in this situation because no sensible reason not solve the most important problems - the lack of prospects for economic growth). Back to Drahmy as I wrote yesterday, it should trigger a quick and natural process of adaptation to other currently endangered countries of the Mediterranean (Italy, Spain, Portugal) to the new situation which should lead to rapid return of these countries for national currencies. For such a shock the financial markets are not ready. Please note that a bank such as ASSETS Societe Generale is now about 1 130 billion Euro, with a market capitalization of 14 billion euros gives the bank leverage 80-1. A similar situation is in other European banks (average leverage is now around 69-1, for comparison, after the recapitalization of banks in the U.S. leverage for U.S. banks is currently around 23-1), which means that suddenly you will need several hundred billion euros of capital (and there are bows TARP program for the 17 euro zone countries - but everyone pays for themselves) to recapitalize European banks, and this capital simply does not have much, because ... if that France wysupła suddenly around 150-200 billion euros for its own banks to prove that the rating agencies soon will be, cut its rating (AAA loss) and subsequent troubles ready. why Chancellor Merkel is right - the bankruptcy of Greece and the return of the country the drachma will trigger a domino effect. EUR / USD is now a problem with the output of the level of 1.37 - no closing the gap on the chart week in bear market - a very bad sign. I think it's time to start again observe the spread of Germany-France.
Sell the Euro into abbys.
Then buy it back.


Seb

Every other currency pairs are moving up except EURUSD?

moved my sl to 1.3775 - not willing to reload for the 3rd time - rather will sit and wait with 19 pip risk...

check crude oil correlation with eur/usd...

Divergence played out, did not get stops at 1st try. Will see if this ping pong ends up cracking support or 2nd move upside gets 17/18 done.

Glad I did that! Otherwise I would be forced to reload again - now I'm safe for the moment...

Patience bro, pairs I watch all over the place, is confusion, wait your triggers, patterns need confirm, not a nice time to enter either way, is need patience

4hr gold turning into doji? if so i'll be even more cautios of eurusd. Still looking for support at 1.3752, so longs are more feesible.

Moved my sl to be +1 again - If this doesn't play out, I will work on my patience more then...

I totally agree with Kiwi. With patience, you get more prudent and have more conviction once you're ready to trade. And you're chances of a profitable trade are highly increased.

I should've hold on to my trade short eu at 3868.

Oh well, its profit.

Thanks bro....newbie here, still learning.

Roger that!