1263 is likely to hold.. i guess we might see something between 1267 and 1253 today. besides, i consider qe3 unrealistic at this stage. 
- #659,324
- Jun 19, 2012 7:37am Jun 19, 2012 7:37am
- | Joined Apr 2007 | Status: Trader | 1,553 Posts
More on my Blog...
- #659,326
- Jun 19, 2012 7:40am Jun 19, 2012 7:40am
- | Joined Dec 2011 | Status: Trader | 2,927 Posts
swing it!
- #659,327
- Jun 19, 2012 7:40am Jun 19, 2012 7:40am
EU falls to catch some stops or better building industry means no QE?
Today is ridiculous. Should stop trading for today
Why euro is falling..?
Check S&P.. It will be clear for you.. Hey, you have short from 1.2625 and you still unhappy?
- #659,329
- Jun 19, 2012 7:41am Jun 19, 2012 7:41am
QE is unrealistic then why it should go up?
ps: however, if resistance at 1263 were broken, there could be a rise to 1267. but actually that doesn't seem very likely to me.
- #659,332
- Jun 19, 2012 7:44am Jun 19, 2012 7:44am
- Joined Aug 2009 | Status: Trader | 12,448 Posts
Trading the AUD is like having sex with your wife of 10 years, simple, predictable and not as exciting.
Trading the EUR is like having sex with that hot, wild maniac bitch you met at the club who does LSD. Wild, exciting and you never quite know what is coming next.
Bottom line though, both have their pros and cons.
I have sex my wives, yes is same ol smae ol, but is free
Wild exciting sex with stranger maniac womans, is cost me
I prefer wives and free
If you are new to Forex? Say Goodbye to your account!!
- #659,333
- Jun 19, 2012 7:45am Jun 19, 2012 7:45am
- | Joined Dec 2011 | Status: Trader | 2,927 Posts
swing it!
Big banks and funds want QE 3.. They will do everything to get it.. So they sell and take down S&P to force FED to start QE3..
Why euro is falling..?
Hey, you have short from 1.2625 and you still unhappy?
"Study the past if you would define the future." Confucius
- #659,337
- Jun 19, 2012 7:55am Jun 19, 2012 7:55am
- Joined Aug 2009 | Status: Trader | 12,448 Posts
There is always reasons for long and for short, 100 people look at same charts, same news, will get all sorts of reasons to buy or sell
For me is 60/40 short.
If you open clean 4hr eu chart, zoom right out put horizontal line at 2622 have a look, we in big down trend, right now building bear flag, with her close to ltl of chanel / flag, long is valid, trundle back up to utl etc, short is long shot, bear flag breaks, will be very very quick pips, I prefer, violent quick pips, today
For me is 60/40 short.
If you open clean 4hr eu chart, zoom right out put horizontal line at 2622 have a look, we in big down trend, right now building bear flag, with her close to ltl of chanel / flag, long is valid, trundle back up to utl etc, short is long shot, bear flag breaks, will be very very quick pips, I prefer, violent quick pips, today
If you are new to Forex? Say Goodbye to your account!!
- #659,340
- Jun 19, 2012 7:59am Jun 19, 2012 7:59am
There is always reasons for long and for short, 100 people look at same charts, same news, will get all sorts of reasons to buy or sell
For me is 60/40 short.
If you open clean 4hr eu chart, zoom right out put horizontal line at 2622 have a look, we in big down trend, right now building bear flag, with her close to ltl of chanel / flag, long is valid, trundle back up to utl etc, short is long shot, bear flag breaks, will be very very quick pips, I prefer, violent quick pips, today
TRADE WHAT U SEE NOT WHAT U WANT TO SEE.