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EURUSD

  • #628,741
  • Apr 19, 2012 9:13am Apr 19, 2012 9:13am
Playing the range.
Short 1.3131.
  • #628,742
  • Apr 19, 2012 9:14am Apr 19, 2012 9:14am
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  • #628,743
  • Apr 19, 2012 9:15am Apr 19, 2012 9:15am
Quoting Anti_Losses
You sure? I am underwater of -$60... Dare not open new short position at the moment...
Nobody can be sure of nothing but SL around @317
  • #628,744
  • Apr 19, 2012 9:16am Apr 19, 2012 9:16am
do not short rather wait for confirmation..price action on m5 not promising 3165 should play out 3171 should cap it again
  • #628,745
  • Apr 19, 2012 9:17am Apr 19, 2012 9:17am
sorry, this is the chart:
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  • #628,746
  • Apr 19, 2012 9:21am Apr 19, 2012 9:21am
first possible swing short at 45
  • #628,747
  • Apr 19, 2012 9:22am Apr 19, 2012 9:22am
Quoting SnaveForex
do not short rather wait for confirmation..price action on m5 not promising 3165 should play out 3171 should cap it again
  • #628,748
  • Apr 19, 2012 9:22am Apr 19, 2012 9:22am
Quoting cloggie
We will get one more poke to 3148 here.

Simples.


How many muppets shorted this earlier not willing to wait for a confirmation??????
  • #628,749
  • Apr 19, 2012 9:22am Apr 19, 2012 9:22am
Quoting 853efx
first possible swing short at 45
  • #628,750
  • Apr 19, 2012 9:24am Apr 19, 2012 9:24am
Quoting cloggie
Simples.


How many muppets shorted this earlier not willing to wait for a confirmation??????
  • #628,751
  • Apr 19, 2012 9:25am Apr 19, 2012 9:25am
Quoting cloggie
Simples.


How many muppets shorted this earlier not willing to wait for a confirmation??????

I did....
  • #628,752
  • Apr 19, 2012 9:27am Apr 19, 2012 9:27am
As i said several times since 1st down leg from 1.33xx
Bear remain weak at this point and bull almost successfully applying same method that bear did in 1.3380-1.3250 range.

It's helping euro to buy time, but i am a bit confuse only about weekly bear strength. Let's see how bull can defend it. Bull cannot reduce weekly bear strength without significant force. For that type of force bull needs more time.
You cannot learn better without losing
  • #628,753
  • Apr 19, 2012 9:28am Apr 19, 2012 9:28am
worth a shot
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  • #628,754
  • Apr 19, 2012 9:31am Apr 19, 2012 9:31am
Quoting Bradifx
I did....

I hope you got a stop in place, 3148 is not going to stop the runup just yet, we still have 3166 to go. But you won't be the only one, 3148 will be a bit of a battle ground, I covered mine earlier (as posted here) just above 3132 before the news and am now just watching from the sidelines.

Let 3148 play out and see what she has left in her. The 30, hourly and H4 are still pointing higher, the 5 is running out of steam and the 15 is trying to consolidate, but wants to touch 3148 first.

Don't ignore 3166, do so at your own peril, but just let 3148 play out first here, should be a similar picture to what we had earlier around the 3098-3105 level play, look for similarities in momentum, play and patterns.
  • #628,755
  • Apr 19, 2012 9:31am Apr 19, 2012 9:31am
Quoting Bradifx
I did....
  • #628,756
  • Apr 19, 2012 9:32am Apr 19, 2012 9:32am
Quoting eliabreu
Nobody can be sure of nothing but SL around @317
But the problem is I never put sl!!! Heee...
  • #628,757
  • Apr 19, 2012 9:32am Apr 19, 2012 9:32am
Quoting cloggie
Simples.


How many muppets shorted this earlier not willing to wait for a confirmation??????
Large custodial name on the bid reported in EU + repatriation game before London close - this is going higher than that, I am looking @ sixties+
Quant Hedge Fund CEO
  • #628,758
  • Apr 19, 2012 9:33am Apr 19, 2012 9:33am
Quoting SnaveForex
do not short rather wait for confirmation..price action on m5 not promising 3165 should play out 3171 should cap it again
  • #628,759
  • Apr 19, 2012 9:34am Apr 19, 2012 9:34am
Quoting cloggie
Yup, putting the pokingstick to some good use here.
I've never posted on here before (unless i've got something really good to say i prefer to listen) but you made me do it!

Just finished reading a load of your posts and just want to say thanks; you're the shiningest light on here by a billion miles.

It's a priviledge to be able to learn from and be entertained by you!!!!!!
  • #628,760
  • Apr 19, 2012 9:34am Apr 19, 2012 9:34am
All I can think is Gold and EU hopes for a QE3...other than that not a lot of good fundamentals for the euro. Any other suggestions>
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