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EURUSD

  • #592,181
  • Feb 6, 2012 11:05am Feb 6, 2012 11:05am
Quoting KillerWhale
Euro lost 83 pips over the whole last week.
Do you call that down trend?

It's the same down trend it's basically been on since May. That's all it's going to move when averaged out, about 80 pips a week.
  • #592,182
  • Feb 6, 2012 11:07am Feb 6, 2012 11:07am
is it time to short again
any thoughts
  • #592,183
  • Feb 6, 2012 11:07am Feb 6, 2012 11:07am
Price just skirted the spike last night before shooting up; 1.30088 seems relevant after the algo's sniffed for orders on sunday...

http://i.imgur.com/xuH3F.png
Politics is the womb in which war develops.
  • #592,184
  • Feb 6, 2012 11:08am Feb 6, 2012 11:08am
Quoting torkay77
looks not bullish anymore, took profit @ 1.3128

I Herd it will rise above 3160, ... is it? ..
  • #592,185
  • Feb 6, 2012 11:09am Feb 6, 2012 11:09am
AP-- Greece says it accepts cuts of 15K public service sector jobs
  • #592,186
  • Feb 6, 2012 11:10am Feb 6, 2012 11:10am
per avg daily range it should reverse from the 3175 or so
  • #592,187
  • Feb 6, 2012 11:11am Feb 6, 2012 11:11am
a lot of volatility right now in the market interesting to see in what direction it breaks out to
Trade what you see not what you hope
  • #592,188
  • Feb 6, 2012 11:12am Feb 6, 2012 11:12am
Quoting fizmhd
I Herd it will rise above 3160, ... is it? ..

It may, but that would only be for the brokers to shake out the short positions. As the broker looks to change it's direction.
  • #592,189
  • Feb 6, 2012 11:13am Feb 6, 2012 11:13am
Quoting fizmhd
I Herd it will rise above 3160, ... is it? ..

Large offers said to be ahead of 3150 and that makes a lot of sense
  • #592,190
  • Feb 6, 2012 11:15am Feb 6, 2012 11:15am
Quoting torkay77
looks not bullish anymore, took profit @ 1.3128
If you look at weekly chart, price closed above the 61.8% level of the break out candle from mid December (blue arrow), so price looks like testing 1.3375.

A dollar rally is looming, judging by the BS they spewed last friday.

WEEKLY CHART BO

http://i.imgur.com/bHc6q.png
Politics is the womb in which war develops.
  • #592,191
  • Feb 6, 2012 11:18am Feb 6, 2012 11:18am
excuse me crassius but could you please tell me where do you get your news from? I am subscribed via rss feed to a couple of sites and I got the same news you shared with us here in this thread is just that you got them a little earlier and I thought it was interesting, thank you
Trade what you see not what you hope
  • #592,192
  • Feb 6, 2012 11:19am Feb 6, 2012 11:19am
I reckon this week's gap will get closed today.
  • #592,193
  • Feb 6, 2012 11:19am Feb 6, 2012 11:19am
As my thinking eur can't break 1.3136 so took a short at 1.3135 , anyone agree with me here?
  • #592,194
  • Feb 6, 2012 11:19am Feb 6, 2012 11:19am
I have several feeds, but the best is IFR Forex Watch
  • #592,195
  • Feb 6, 2012 11:19am Feb 6, 2012 11:19am
Quoting FiatFap
If you look at weekly chart, price closed above the 61.8% level of the break out candle from mid December (blue arrow), so price looks like testing 1.3375.

A dollar rally is looming, judging by the BS they spewed last friday.

WEEKLY CHART BO

http://i.imgur.com/bHc6q.png
yeah i mean end of bull for my short term trade from the 30 min chart...lol...today the pivot central level @1.3143 might be too strong resistance...my longer term outlook is bullish too
  • #592,196
  • Feb 6, 2012 11:20am Feb 6, 2012 11:20am
Quoting Crassius
AP-- Greece says it accepts cuts of 15K public service sector jobs
Where you reading it?
  • #592,197
  • Feb 6, 2012 11:21am Feb 6, 2012 11:21am
thank you crassius I will look into it
Trade what you see not what you hope
  • #592,198
  • Feb 6, 2012 11:22am Feb 6, 2012 11:22am
Quoting Henryk
Where you reading it?
http://www.forexlive.com/blog/2012/0...ctor-jobs-bbg/
Trade what you see not what you hope
  • #592,199
  • Feb 6, 2012 11:24am Feb 6, 2012 11:24am
what scenario do you prefer ,, lol !
Attached Image (click to enlarge)
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  • #592,200
  • Feb 6, 2012 11:29am Feb 6, 2012 11:29am
I had a small burn from that red candle 4 hours ago !!! Bit-h ate my stop !!!
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