EURUSD

its a short signal or short hope?

Max

we will only see a lower low if one of the big 3 get cut, UK,FRANCE or dare I say it GERMANY.

depends on the outcome but would certainly add fuel to the euro problems.

Germany gets cut we will see 1.0 before NY close.

lol, your probably not wrong there, keep an eye out where the DOW finishes today, hopefully below both the 200 and 50 day ma

What do you think about moving my stop to 1.2170? Too tight?
I placed it here because I'm thinking there is at least two levels
of resistance from where we are now on Fri close @ 1.2124:
1)1.2140 Fri high after bounce from 1.1203 (near Fri low) and ~50%
fibo from Friday high to 1.1203
2)just above 61.8% fibo (1.2159)of 1.2213->1.2077) and a prior intraday
support for Friday

If it breaks these, then I will wait until a break of 1.2213 to glong
or play smaller fibos to look for small pip gains until there is a clear
direction??

I want to be in a somewhat of a decent position just in case if it
breaks out of this daily consolidation. I might be able to re-enter
on a bounce of 1.1205 area and back down off of 1.2200 area. What do you
think of my reasoning?

How can I improve this type of fibo support/resistance analysis ... maybe with some indicators? I noticed the intraday and daily double tops and headandshoulders, btw, but didnt mention them. Both are trend reversal signals, so it is a high probality we will see more downside, but it's still kind of iffy as to when for me.

i will put a light cigar on this fuel
hope it go down

I'm a french passport holder, but I'm secretly hoping for france downgrade :lol:

I am also in short position, so i think if new york closed we will see long candle downn :_))

lol...

Anybody still trading?

flat at the moment Amani - but still with the charts open

sell at 1.34

I'm short till 1.3003

short from up theeere.

I am also short

short from 1,3064 too

usdx looks very bullish right now, 15-30 and 1 hour chart

I don't think they will call it quits at todays open.

only the 5 min looks shitty on USDX