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EURUSD

  • #646,681
  • May 23, 2012 10:36am May 23, 2012 10:36am
Quoting binFX
OK, I see. Closed my both longs for 11pips total, at least green pips are better than red ones.
See? no bounce before weekly neckline
swing it!
  • #646,682
  • May 23, 2012 10:39am May 23, 2012 10:39am
Quoting tomspin
See? no bounce before weekly neckline
as expected market gone crazy , but i did not expect this bad
Mohan
  • #646,683
  • May 23, 2012 10:41am May 23, 2012 10:41am
Quoting mohan76
as expected market gone crazy , but i did not expect this bad
closed my longs , entered short.
  • #646,684
  • May 23, 2012 10:41am May 23, 2012 10:41am
Quoting mohan76
as expected market gone crazy , but i did not expect this bad
We may be not finished for today as EU summit lies ahead
  • #646,685
  • May 23, 2012 10:45am May 23, 2012 10:45am
Quoting mohan76
as expected market gone crazy , but i did not expect this bad
Now there's a question if we are done for today or NY will go crazy again. Long trading days lately.
swing it!
  • #646,686
  • May 23, 2012 10:47am May 23, 2012 10:47am
Quoting tomspin
See? no bounce before weekly neckline
Maybe. Just booked another 5 pips thanked to the spike
  • #646,687
  • May 23, 2012 10:50am May 23, 2012 10:50am
Quoting binFX
Maybe. Just booked another 5 pips thanked to the spike
Also could spike down and hit you with 20
swing it!
  • #646,688
  • May 23, 2012 10:53am May 23, 2012 10:53am
Quoting tomspin
Now there's a question if we are done for today or NY will go crazy again. Long trading days lately.
as i said before no trade for me today barrier looks shifted to 2590/00 i did not notice any considerable profit taking @ London close , 70/60 holding at this moment it could be TP , breaking will wide open door for 2520
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Mohan
  • #646,689
  • May 23, 2012 10:54am May 23, 2012 10:54am
Quoting tomspin
Also could spike down and hit you with 20
Lucky me this time
  • #646,690
  • May 23, 2012 11:00am May 23, 2012 11:00am
Quoting mohan76
as i said before no trade for me today barrier looks shifted to 2590/00 i did not notice any considerable profit taking @ London close , 70/60 holding at this moment it could be TP , breaking will wide open door for 2520
I thought about 2615 but since we are under 26 your level make much more sense to me now. I stayed away from E/D but cheated a bit and short EJ with nice profit right now.
I agree this is not the best moment for entry but as you said, crazy market + EU summit can do wonders here.
swing it!
  • #646,691
  • May 23, 2012 11:01am May 23, 2012 11:01am
Look like it is going to breakdown again.
  • #646,692
  • May 23, 2012 11:06am May 23, 2012 11:06am
Quoting tomspin
I thought about 2615 but since we are under 26 your level make much more sense to me now. I stayed away from E/D but cheated a bit and short EJ with nice profit right now.
I agree this is not the best moment for entry but as you said, crazy market + EU summit can do wonders here.
if any rumor of eu bond can reverse it in blink of eye
Mohan
  • #646,693
  • May 23, 2012 11:06am May 23, 2012 11:06am
GREEK FIN MIN : EUROZONE MEMBER STATES WERE NOT ASKED TO PREPARE PLANS FOR GREECE TO EXIT EURO

I wonder if they release these messages to play with retailers heads, I've been reading all day this bs "we agree, no we didn't, I don't know anythink about plan, EZ members agreed on plan"

Neckline is coming mind the gap like they say in London, two things can happen
1. Nothing will happen
2. Brutal will happen

http://s16.postimage.org/4pczbgw05/euro.gif
picture hosting
swing it!
  • #646,694
  • May 23, 2012 11:06am May 23, 2012 11:06am
is anybody else hoping for a rebound to 80-85 to be able to short comfortably?
Daily Target: 20 pips
  • #646,695
  • Edited 11:18am May 23, 2012 11:07am | Edited 11:18am
could be a bounce here at 1.2558 daily S2, sell the rallies to state the obvious.. how high can a dead cat bounce?
  • #646,696
  • May 23, 2012 11:08am May 23, 2012 11:08am
I can't believe there is still momentum for downside movements
  • #646,697
  • May 23, 2012 11:12am May 23, 2012 11:12am
Quoting Esssex
I can't believe there is still momentum for downside movements
Why? The monthly chart has been saying this for some time now....
  • #646,698
  • May 23, 2012 11:13am May 23, 2012 11:13am
Quoting almo
Why? The monthly chart has been saying this for some time now....
And don't forget about what happened at NY's close yesterday....there's good reason to believe that we are only beginning the rapid decent to 1.22
  • #646,699
  • May 23, 2012 11:14am May 23, 2012 11:14am
Quoting suthmo
Drop till 1.2541 3pm 38 retrace range next two days then down to 1.2400 Thu
Here's what I'm expecting now. A chance for bottom out at 24402 Not going the way first thought lots of deviation from course mon/today now comes right back to the projected path here.
Attached Image
Founder of Sutherland Wave Principle
  • #646,700
  • May 23, 2012 11:16am May 23, 2012 11:16am
Quoting almo
Why? The monthly chart has been saying this for some time now....
I am expecting at least a bottom to form before another drop.

At least back to 00.
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