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  • #663,181
  • Jun 29, 2012 2:13am Jun 29, 2012 2:13am
Quoting Itrade24h
1.2620 can be a good point for the retrace, what do you think?
the heavy resistance is here between 2600 - 2610
it seems they are fighting here
so if it goes through 2610 i would not start selling at 2620 because probably a lot of short stops will be triggered...
if it falls under 2570-60 then long stops will be triggered..

watch the price action
'You must be the change you wish to see in the world' . Gandhi
  • #663,182
  • Jun 29, 2012 2:16am Jun 29, 2012 2:16am
Quoting Esssex
Don't' get too excited yet. This is Franky we are talking about they always reverse the moment they meet a little resistance.
there is reason to get excited
since morning it fell 7.81% and currently it is at 6.399

if i remember precisely the 6.36 level was the key so if it goes under...
eur boom i guess


edit:
yes i found the refernce, june low was 6.36
http://www.forexlive.com/blog/2012/0...-for-the-euro/
'You must be the change you wish to see in the world' . Gandhi
  • #663,183
  • Jun 29, 2012 2:17am Jun 29, 2012 2:17am
gm all

whats goin on?

Just woke up and saw the over 100 pips ride in asian session.. got suprised with that..

yesterday we broked 5550 on cable hardly and 2450 in eurusd and today this up..

question is, where is going now?? london open pushed it more higher, so for me its more bullish power today, but the month was just a shitty one, so not trading too much at all.. still scalping for me today..
  • #663,184
  • Jun 29, 2012 2:18am Jun 29, 2012 2:18am
On july 5th ECB may cut intrest rate !!!!!!
NEW SPECULATION that would bear the euro again.
I see that london is not bullish today.
It may down again
  • #663,185
  • Jun 29, 2012 2:23am Jun 29, 2012 2:23am
they might cut rates..

but does not not mean bearish for the euro as most probably they will announce some backstop measures as well with the rate cut...

so its still up in the air
  • #663,186
  • Jun 29, 2012 2:25am Jun 29, 2012 2:25am
Quoting Xantor
So I wake up and I'm going
http://gifs.gifbin.com/032010/1269259657_omg_cat.gif

wow in Red or Green ?
LOL
  • #663,187
  • Jun 29, 2012 2:25am Jun 29, 2012 2:25am
Waiting to see below 1.2550, if 1.2600 zone holds as lower high on 15min TF, Have half short from 1.2602, TP at 1.2550
TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
  • #663,188
  • Jun 29, 2012 2:26am Jun 29, 2012 2:26am
Quoting pengjunwen
they might cut rates..

but does not not mean bearish for the euro as most probably they will announce some backstop measures as well with the rate cut...

so its still up in the air
i dont say that they will and i think that they dont again, but till that time there is new bearish speculation against euro. so
  • #663,189
  • Jun 29, 2012 2:27am Jun 29, 2012 2:27am
Quoting Itrade24h
1.2620 can be a good point for the retrace, what do you think?
Very possible... but watch out if it goes above trend line.
Attached Image (click to enlarge)
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  • #663,190
  • Jun 29, 2012 2:30am Jun 29, 2012 2:30am
Asain central bank said to be selling into the 1.2600 level.
  • #663,191
  • Jun 29, 2012 2:34am Jun 29, 2012 2:34am
Will the EUR/USD uptrend continue in everyone's view?
  • #663,192
  • Jun 29, 2012 2:34am Jun 29, 2012 2:34am
Quoting bestrader98

wow in Red or Green ?
LOL
Luckily had a stop in place - so got taken out. red but not too much
  • #663,193
  • Jun 29, 2012 2:37am Jun 29, 2012 2:37am
Quoting cadencetrade
Will the EUR/USD uptrend continue in everyone's view?

Peer into the Crystal Ball...
Attached Image
  • #663,194
  • Jun 29, 2012 2:38am Jun 29, 2012 2:38am
Quoting Crassius
Asain central bank said to be selling into the 1.2600 level.
Hmm, it's good news. How you get this information?
TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
  • #663,195
  • Jun 29, 2012 2:40am Jun 29, 2012 2:40am
Peer into the Crystal Ball...

(from the movie "the Matrix") Neo, do you take blue pill or the red pill? Which one will it be?
With due respect to all (who might have a different viewpoint).
  • #663,196
  • Jun 29, 2012 2:41am Jun 29, 2012 2:41am
I have eyes on 1.2616 and 1.2570
  • #663,197
  • Jun 29, 2012 2:41am Jun 29, 2012 2:41am
Quoting sukkim
Hmm, it's good news. How you get this information?
..
Attached Image
  • #663,198
  • Jun 29, 2012 2:43am Jun 29, 2012 2:43am
Merkel is in front of a microphone....

She says conditionality applies to bailout funds....

she could be worth a dip if she keeps talking
  • #663,199
  • Jun 29, 2012 2:46am Jun 29, 2012 2:46am
Quoting Crassius
Merkel is in front of a microphone....

She says conditionality applies to bailout funds....

she could be worth a dip if she keeps talking
more jaw boning and delaying tactics in Europe. When did they ever take a firm action?

http://www.forexlive.com/blog/2012/0...iscal-compact/
With due respect to all (who might have a different viewpoint).
  • #663,200
  • Jun 29, 2012 2:48am Jun 29, 2012 2:48am
Quoting mjl
Peer into the Crystal Ball...

(from the movie "the Matrix") Neo, do you take blue pill or the red pill? Which one will it be?
http://img.photobucket.com/albums/v2...-thumbs-up.jpg
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