I think will will get another hit on the 3690, had a sell order in for 3680 and missed it by 3 pips. We may actually hit 3490 today. 4H chart still not showing any commitment though, been in a trading range for the last 15 bars, good for intraday however. Looking for the break out.
- #282
- Sep 29, 2011 10:42am Sep 29, 2011 10:42am
- Joined Jul 2008 | Status: "Not all information is beneficial. | 1,724 Posts
PT,
It just struck me funny!
EurAnalysis sounds alot like Urinalysis
Were you being "PUNny"?
It just struck me funny!
EurAnalysis sounds alot like Urinalysis
Were you being "PUNny"?
- #283
- Sep 29, 2011 10:45am Sep 29, 2011 10:45am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
PT,
It just struck me funny!
EurAnalysis sounds alot like Urinalysis
Were you being "PUNny"?
Those who say it cannot be done should not interrupt those who are doing it
- #285
- Sep 29, 2011 10:54am Sep 29, 2011 10:54am
- Joined Jul 2008 | Status: "Not all information is beneficial. | 1,724 Posts
Have you not read page 1 of this thread yet?
No offense was intended. I just said it out loud and it made me laugh.......it won't happen again
400+ pips in a day makes me loopy!
- #286
- Sep 29, 2011 10:58am Sep 29, 2011 10:58am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
I apologize if a medical procedure qualifies as vulgarity.
No offense was intended. I just said it out loud and it made me laugh.......it won't happen again
you really didn't read the first sentence.it starts off like this:
Yes I know it sounds like urinalysis but in a way the purpose of this thread is to do more or less the same thing. The only difference is that instead of urine, we are analyzing the Euro against its most major counterpart; the US Dollar.
Those who say it cannot be done should not interrupt those who are doing it
- #287
- Sep 29, 2011 11:05am Sep 29, 2011 11:05am
- Joined Jul 2008 | Status: "Not all information is beneficial. | 1,724 Posts
it starts off like this:
Yes I know it sounds like urinalysis but in a way the purpose of this thread is to do more or less the same thing. The only difference is that instead of urine, we are analyzing the Euro against its most major counterpart; the US Dollar.
My wife tells me I'm not the brightest Crayola in the box! My reply...... at least I'm a color in the box!
I am still waiting for the .369-.371 range for my sell limits to get activated. I agree that zone marked by PT is a heavy resistance (based on strong rejections and very poor response of EUR to some EUR-positive data. However I think this resistance will get a bit softer tomorrow, since many avoid trading Fridays, what should make it a little bit more accessible. This way I hope my sell limits to get activated.
If I am wrong - well, they say it's better to be out of the market being angry not to be in, than being in and getting mad cause of not being out...
In my timezone it's 10 pm, so I probably may change my mind if tomorrow morning things look different. Right now I am to sleepy to analize well enough.
And, as PT mentioned it - USD/JPY is still slowly raising.
That means... risk aversion OFF, Euro aversion... well... not really.
If I am wrong - well, they say it's better to be out of the market being angry not to be in, than being in and getting mad cause of not being out...
In my timezone it's 10 pm, so I probably may change my mind if tomorrow morning things look different. Right now I am to sleepy to analize well enough.
And, as PT mentioned it - USD/JPY is still slowly raising.
That means... risk aversion OFF, Euro aversion... well... not really.
- #290
- Sep 29, 2011 6:09pm Sep 29, 2011 6:09pm
- | Joined Aug 2011 | Status: Trader | 1,118 Posts
Thanks for your contribution pbh.
In the future, when making a trade recommendation, could you possibly attach some charts as a reference and/or a technical or fundamental rationale behind it?
It is part of the rules of this thread. Look here
Thanks
.. but this time, breaking news played against me, haha, you never know...Pbh
- #294
- Sep 29, 2011 7:29pm Sep 29, 2011 7:29pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Hey Pip, How have you been? Curious, 6 months from now a year from now are you bearish or bullish the Euro?
I cannot give you an answer to that question right now. Ask me in 6 months
Those who say it cannot be done should not interrupt those who are doing it
- #296
- Sep 29, 2011 7:43pm Sep 29, 2011 7:43pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Anyone thinking contrarion bullish?
Be sure to read the first 2 posts of this thread in order to understand what we are doing here.
As for your question regarding contrarion bulls, I have to say that I really hope so. In absence of the contrarion bulls, who will buy the Euros that I intend to sell?
A couple of posters here believe we will go higher (up to the 1.40 area) before continuing the downtrend. Also if you look at the poll results at the top of every page to this thread, you can see how a few respondents believe price will be between 1.4 and 1.5 by the end of 2011 and one even said that price will be above 1.6
However, the majority believe it will be between 1.2 and 1.3
Again welcome to EurAnalysis and I look forward to your participation.
.
Those who say it cannot be done should not interrupt those who are doing it
- #297
- Sep 29, 2011 7:48pm Sep 29, 2011 7:48pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #298
- Sep 29, 2011 8:03pm Sep 29, 2011 8:03pm
- | Joined Jan 2009 | Status: Trader | 1,259 Posts
Gmorning. 1.3678 still held.
keep it comin baby
- #300
- Sep 29, 2011 8:13pm Sep 29, 2011 8:13pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Good evening all. Wow, price failedtomake another high. If supply and support gives way, my returns will just be exponential.
I still feel we may see another rally to the upside but with the way the price is dropping now, it has broken outside the triangle shown in Pegasus54's post earlier. Plus equity indices are also down. If the Eur closes below the triangle in the 4H chart and equities don't rebound before Europe open, we may very well have a risk-off day which means further Eur downside. Too early to tell though.
Those who say it cannot be done should not interrupt those who are doing it