EURUSD

"All Sessions SETUP SURVEY" ... 00h00 CET midnight update ...

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"All Sessions SETUP SURVEY" ... midnight update version ... with telegram text ...

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TABLE with ZIGZAG + PIVOT SURVEY for the EUR/USD pair:


1.)


2012-06-01_00h00 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-22 # A1 ss Day Ahead


24 hour probabilities ...


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2.)


2012-06-01_00h00 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-22 # A3 ss 3-Day Ahead


Daily, Weekly, Monthly and Quarterly Technical Outlook & Levels ...


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This is an advanced skills ZIGZAG + PIVOT SURVEY for experienced traders and user circles of strategy development who are concerned with suitable methods of successfully trading by the use of appropriate strategies.

(UPDATE 00h00 CET) Ausblick:

This is what we have got to work with for the trading sessions ahead and the period remaining until the end of Friday & Week No. 22 ...

Text and preliminary strategies as shown in the TABLE further hints will be (maybe) mentioned later ...





palim palim





;-|

Lets see what pmi will be if it comes out worse then we will have bull all the way today

Done

I agree
1.3 before 1.2 !

why?what makes you say that?
to me it has only pulled up to the 1hr trendline

If it breaks the 240X i'll look for 2363

Wellllll... actually, it kinda goes back to what were were discussing earlier Tight.... about the 1.2300 level having that option on it... and below it... a large amount of stop losses (that would be the stop losses of the option buyer...who was trying to keep price above 1.2300...and created that bounce i mentioned)

So... they were buying large amounts of e/u, to try to keep it up and make a profit at a higher level, to offset the amount they would lose if that 1.2300 level was hit.

And of course, because once 1.2300 was hit... they had no reason to be long anymore, so they would have sell stops below.

And for a BIG hedgefund...who may need to cover a few hundered million in eur/usd shorts (to take some profits).... those stops would be JUST the thing for the larger hedgefund to use.... in order to cover a very large part of his position, without causing price to move up.

He can't just close out a few hundered mil of eur/usd just anywheere...because if he does, by the time he gets filled, the market will be up 40-50 pips on his short covering. and that means he has MASSIVE slippage.

So, he looks to cover where he believes a lot of sell orders will be... .so those sell orders help him fill a large part of his buy orders.

So, that's who covers. He uses the stop losses of the option buyer against the option buyer... by "running stops", and buying up the market in a big way.

if you look back over what I typed, I mentioned more than once that below 2300 would be stops...and those stops would very possibly be a target for major players to take profits.

So, the big ripping move up? it was a whole lotta big players taking a whole lotta profits... so much that they used all the stops there, as well as other sell orders... and they still had more to cover.

so, lots of short covering + no more sell orders to match the big buying with = crazy move up.

I still don't think I would have taken it...since I really didn't have a plan to do so, or expect such a short squeeze... but, it was always veyr much a possibility...and a predictable possibliity at that...as you can see if you check out my previous postings.

X

Bulls are about to face the inevitable

looks possible now..,

lol. so much for a potential bounce at 2405.

man, that was a bad call if there was one.

maybe not as much as "i'm short at 2320" that I saw somewhere..but, 2405= no bounce.

bahh, more precise than me it´s impossible..
I´ve said today a lot of times, it will mlow up 100/150 pips and the rest of the day down to 2365, to close in a cross again on daily.

Was justing thinking about you GF....

although I believe the increased likelyhood of a QE absolutely changes a lot for the USD in general... I wasn't discounting the value of what you thought... I just want to know what factors you were considering to come to that conclusion... Otherwise, It's jjust kinda an ego play....right? either a stroke or a smack.... depending on if your right or wrong.... but, it really doesn't do much for participants here, and its not like your learning a whole lot by making an annoucement that you and you alone have concluded.

I don't wanna come off as overly combative, but if you wanna share some shred of what went into your thinking with this... it may help some of here... and maybe someone can suggest something you haven't considered.

Otherwise, just open an account explorer... post a link to that, and we can all watch you rake it in.

I'm here to help otheres and to get better myself... not judging you exactly, i do lots of stuff for my own personal gratification... but if thats what it is and you don't wanna share... well, I for one have little interest in it.

But, this may work out as you said. kudos. enjoy your profits.

X

50 measly pips taken from scalps, I must be the worst trader of the NFP's so far.

I'm out, ya'll have a good day.

Mates.... hold your shorts, wait a bit, in case you already in, it would retrace upto 1.25, (if not, well... than it's time to short)
Though quick 4 pairs with long positions all to TPs, the big hammer (some Doji) did the work (EU, EJ, AU and GU)
(sorry for not posting the charts for those trades, I have 2 boys and its hard to be in the Forum, 8-10 different graphs and children)
Green pips

I think it will stay in highs 23s or lows 24s, but its very unstable and acting fast, im off for the weekend, i dont like this kind of action XD

I wouldnt hope on that ;p

Euro is at about its bottom, there will be a major event soon (almost for sure) that will make the euro pop up once again, and for the winter back in a very high position towards the usd. My say.

Very good option.

This morning's news created a great selling opportunity as long as we don't get more QE3 talk from the Fed.
The current Congress will not want another stimulus with the upcoming election.

Chill bro, at least you got 50pips...

Looks like i'll be doing my classic stand aside, until the dirt settles. This thing is all over the place

Started to build long-term short position on EURUSD. First entry 1.2422. Stop. 1.2510. Targets will be 1.18-19 area. If FED doesnt confirm the third QE, than we will see these rates in 1-2 weeks.

hi
what's NFP ?