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EURUSD

  • #644,881
  • May 18, 2012 2:43pm May 18, 2012 2:43pm
Quoting kuroro001
Today not likely.
It will depends on G8 meeting.

Technically speaking, H1 candle (ain't finished yet) is not looking good where it is now...not to mention all the sellers once we hit 1,2780 area.
I'm looking for a daily close above 1.2759. However, any close above 1.2742 will also be good IMO.
  • #644,882
  • May 18, 2012 2:45pm May 18, 2012 2:45pm
S&P looks ugly. I expect it to bounce off 1286-1293 area. This will help EU to fly high.
  • #644,883
  • May 18, 2012 2:49pm May 18, 2012 2:49pm
Break 1.2784 and 1.28 in sign
New support at 1.2757.
  • #644,884
  • May 18, 2012 2:51pm May 18, 2012 2:51pm
Quoting aaron80
so from what u r saying,i guess it will be more uptrend to go in next week (if G8 meeting came out with favors towards EUR)?????
Yes if a good news comes out, EU should head back up towards 1,3100.

The next week will be another important one i guess.
COT: The precious data ignored
  • #644,885
  • May 18, 2012 2:53pm May 18, 2012 2:53pm
Quoting Avir
when you say 2780 area where exactly coz she has hit 80/85s
I don't look at specific number, but at areas so when i say 1,2780 it's more like 1,278x, anything inside 8x.

But to be more precise, the number i have is 1,2776. I don't like numbers, areas is better for me.
COT: The precious data ignored
  • #644,886
  • May 18, 2012 2:54pm May 18, 2012 2:54pm
Quoting binFX
I'm looking for a daily close above 1.2759. However, any close above 1.2742 will also be good IMO.
Indeed, anything above the 2 previous daily high look good
COT: The precious data ignored
  • #644,887
  • May 18, 2012 2:57pm May 18, 2012 2:57pm
Quoting kuroro001
Yes if a good news comes out, EU should head back up towards 1,3100.

The next week will be another important one i guess.
today,there's alot of bad news but still EU still heads up north....hmmmmm.....im damn blur now abt wat to do........really have no idea.........
Super newbie trader
  • #644,888
  • May 18, 2012 3:00pm May 18, 2012 3:00pm
Quoting kuroro001
Yes if a good news comes out, EU should head back up towards 1,3100.

The next week will be another important one i guess.
In that case, even 1.318 is on the table , btw, 1H close 1.2775, this spike looks like a real breakout now.
1.2817 is next stop.
ADD: S&P is bouncing off 1293 as expected.
  • #644,889
  • May 18, 2012 3:04pm May 18, 2012 3:04pm
Quoting binFX
In that case, even 1.318 is on the table , btw, 1H close 1.2775, this spike looks like a real breakout now.
1.2817 is next stop.
ADD: S&P is bouncing off 1293 as expected.
Likely we will have a chance to touch next stop before end of day.
  • #644,890
  • May 18, 2012 3:05pm May 18, 2012 3:05pm
watch that daily trend line pull it back
Attached Image (click to enlarge)
Click to Enlarge Name: eur dailyj.gif Size: 16 KB
  • #644,891
  • May 18, 2012 3:06pm May 18, 2012 3:06pm
Quoting aaron80
today,there's alot of bad news but still EU still heads up north....hmmmmm.....im damn blur now abt wat to do........really have no idea.........
There was nothing today apart from the "bad german PPI.

It's mostly short covering becaue of the G8.
EU can't head down without correcting, and if G8 outcome is good, bears will be hurt.

Daily is double bottom...shorting a daily double bottom is not the best idea, hence the move up.

Edit : 1,279x hit...better....i should have kept my long
COT: The precious data ignored
  • #644,892
  • May 18, 2012 3:08pm May 18, 2012 3:08pm
Quoting kuroro001
I don't look at specific number, but at areas so when i say 1,2780 it's more like 1,278x, anything inside 8x.

But to be more precise, the number i have is 1,2776. I don't like numbers, areas is better for me.
Thanks for the reply, gotya. Good Weekend to you and all. will meet on sunday night!! GL
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #644,893
  • May 18, 2012 3:08pm May 18, 2012 3:08pm
Quoting binFX
In that case, even 1.318 is on the table , btw, 1H close 1.2775, this spike looks like a real breakout now.
1.2817 is next stop.
ADD: S&P is bouncing off 1293 as expected.

Countertrend.....that is all this is.
  • #644,894
  • May 18, 2012 3:10pm May 18, 2012 3:10pm
Quoting binFX
Likely we will have a chance to touch next stop before end of day.
I'd be impressed with a move above 1,2800, but hey it's forex anything can happen

I've got 1,281x area then 1,284x...maybe one monday
COT: The precious data ignored
  • #644,895
  • May 18, 2012 3:13pm May 18, 2012 3:13pm
Quoting kuroro001
There was nothing today apart from the "bad german PPI.

It's mostly short covering becaue of the G8.
EU can't head down without correcting, and if G8 outcome is good, bears will be hurt.

Daily is double bottom...shorting a daily double bottom is not the best idea, hence the move up.

Edit : 1,279x hit...better....i should have kept my long
ok...thanks bro.......
Super newbie trader
  • #644,896
  • May 18, 2012 3:20pm May 18, 2012 3:20pm
Quoting almo
Countertrend.....that is all this is.
If you call this counter trend, then OK. But this still can make me a living
Trade safe, bro!
  • #644,897
  • May 18, 2012 3:21pm May 18, 2012 3:21pm
Long at 1.27784. TP 1.28800
  • #644,898
  • May 18, 2012 3:23pm May 18, 2012 3:23pm
has anyone seen Killer Whale latetly?
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #644,899
  • May 18, 2012 3:24pm May 18, 2012 3:24pm
Quoting kuroro001
There was nothing today apart from the "bad german PPI.

It's mostly short covering becaue of the G8.
EU can't head down without correcting, and if G8 outcome is good, bears will be hurt.

Daily is double bottom...shorting a daily double bottom is not the best idea, hence the move up.

Edit : 1,279x hit...better....i should have kept my long
Kuroro
  • #644,900
  • May 18, 2012 3:25pm May 18, 2012 3:25pm
Quoting Avir
has anyone seen Killer Whale latetly?
account blown...margnined
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