EURUSD

Buy @ 1.3198 SL @1.3200
an error occured... Lol

need little fire to boost...thats all...waiting for some good news for euro to boost...

not only for the Scalp ....

nice trade and strategy man.

why buy before 3180?

not error, just moved my sl above entry that's all. anyway got stop out.

support should be at 1.3170-1.3180. maybe alot of sell stop here.

When it comes to 'signals form the market' we can
see that while Portugal never left the spotlight, the attention has started
to turn towards Spain. The strongest indications that Spain is starting to
become more of an issue for the market is 1) the inability of 10-year Spain
to stay below 5.00% and 2) a widening of the 10-year Italian/Spanish
spread.

Policy makers are also cognisant of the risk that Spain poses to a return
of the bad old days of the crisis with Italian PM Monti expressing concern
over contagion from Spain, and EU's Olli Rehn pointing to perceptions that
Spain was relaxing fiscal targets to explain why Spanish bond yields had
risen "several dozen basis points".

Having just agreed to a more flexible target of 5.3% for the budget deficit
for this year it is difficult to see what else Spain can do to try and win
market confidence. For the market, holding peripheral debt has gone from
trading rates to trying to stay away from credit risk that is 1) prone to
restructuring/default risk such as Portugal and 2) stay away from credit
that is prone to jump risk such as Spain or Ireland.

Equilibriums on peripheral debt are never to be considered as stable and we
should expect Spain to trade in a 5.00-5.80% range as sentiment goes from
positive (closer to 5.00%) to negative (closer to 5.80%). The sentiment
shift will come when we break above 5.80% and it is then that wider
contagion aspects will have to be considered.

Euro never made it above 1.33!

Euro also never made it below 1.30! Could that mean bulls were on cocaine ?

There's way much supports lined up protecting 1.30 than resistances protect 1.33. But you never can tell...the market always does what it wants.

Wait for a move below 1.3133 before counting on bears.

Hey mate! Splendid morning! Long time. Hope you're good.

Opps. Jump and ahead to my tp @3125

http://www.economy-news.co.uk/us-dol...rclays-5756756

if no spike to push eur/usd high, 1hr tf targetting support at 1.3130 next. 1.3180 will also be broken

I am down 70 pips, i plan to go aggreisevly long at 1.3180, lets see what will happen

agree

Usually I have better entries but this time I'll have to settle for 1.3198

Dont try to guess where is top and bottons...

hey buddy
all is good looking forward to the week ahead

And now let it cook for some time, maybe add some and see where that lands us. Is NY gonna do us a favor and reverse this whole thing? still almost 3 hours away. Toooooo long

I am not going to call it a top but for now I am patiently awaiting for it rise up somewhere around 1.3470. If it gets up around there then I would be inclined to go very heavy on the shorts. But that is just me. If it does not get up there in the next week or two I'll have to rethink it.

close short and let it long at 3207 run. it will go up if it had not going down below 3180.
daily candle close 3193. it will up to 3429, probably not today. maybe ...:nerd:

if this pair takes out 1.3170 then im bearish its technically finding support "macd" plus trend line

if 1.3170 breached then the breakout which was on friday will considered "bull trap" or false break out

im long now @ 1.3200 with SL 3169

TP 3305
TP2 3380-90