EurAnalysis | Page 2740 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD

Similar Threads

EurAnalysis Kindergarten 24 replies

Attachments: EurAnalysis
Exit Attachments

EurAnalysis

  • #54,781
  • Sep 14, 2012 9:12am Sep 14, 2012 9:12am
Quoting nathan25x
In my opinion that U of M survey is highly suspect...i dont believe there is increased consumer confidence at this time in the US........

Unless they are oversampling democrats like the presidental polls do, and the welfare babies are confident their welfare checks are secure and going up........
It’s working!

Written by Jamie Coleman
September 14, 2012 at 13:57 GMT

Consumer confidence jumps to 79.2 from 74.3.

People love those gas prices!

Keep up the good work, Ben!

Honestly, I think no piece of economic data is more useless than the University of Michigan consumer sentiment survey
Those who say it cannot be done should not interrupt those who are doing it
  • #54,782
  • Sep 14, 2012 9:12am Sep 14, 2012 9:12am
Quoting Vtmn
couldnt image better day than this, i hope everyone is doing well !
Loving that market.
Scalped 155pips total in last 3 days and still have some longs open from 2820,2917 and added 3100 and 3125 for a little profit aswell.
  • #54,783
  • Sep 14, 2012 9:13am Sep 14, 2012 9:13am
Next stop, 1.3230 and 78.039 on USDX.

Even if we get a full 61.8% retracement from today's high, that only brings up to 1.24698, so I think 1.2440 is slowly becoming a pipe dream.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD_Sep14_0958.gif Size: 138 KB
Click to Enlarge Name: USD_Sep14_1003.gif Size: 142 KB
I observe your reality but live my own.
  • #54,784
  • Sep 14, 2012 9:17am Sep 14, 2012 9:17am
PT,i am short here from 1.3164,till now i have built quite a massive position.i think what we have seen is the exhaustion move.
Allah has permitted trade and has forbidden interest [koran]
  • #54,785
  • Sep 14, 2012 9:21am Sep 14, 2012 9:21am
Quoting PipTrapper
It’s working!

Written by Jamie Coleman
September 14, 2012 at 13:57 GMT

Consumer confidence jumps to 79.2 from 74.3.

People love those gas prices!

Keep up the good work, Ben!

[i][b][color=darkslateblue]Honestly, I think no piece of economic data is more useless than the University of Michigan consumer sentiment...
thanks PT, i guess i'm not alone on that one
  • #54,786
  • Sep 14, 2012 9:29am Sep 14, 2012 9:29am
First closely I will watch PA if I find any signs to short this sucker then I will short around 1.3180 Sl 1.3215 target 1.2790
Attached Image (click to enlarge)
Click to Enlarge Name: eu.w.gif Size: 16 KB
Bulls Run. Bears Bite. We Profit.
  • #54,787
  • Sep 14, 2012 9:36am Sep 14, 2012 9:36am
Quoting Harpe Eagle
First closely I will watch PA if I find any signs to short this sucker then I will short around 1.3180 Sl 1.3215 target 1.2790
my feeling is 170 should cap this move which started from 1.2040,now the big boys will start selling while its going down.regards
add. the move to the down will be very gradual till the end of the day while keeping alive the hope of price will start moving in trend to the upside again.
Allah has permitted trade and has forbidden interest [koran]
  • #54,788
  • Sep 14, 2012 9:44am Sep 14, 2012 9:44am
Quoting drzakir123
my feeling is 170 should cap this move which started from 1.2040,now the big boys will start selling while its going down.regards
add. the move to the down will be very gradual till the end of the day
There is market chatter circulating about a Spanish sovereign downgrade later today. Although that may be a double edge sword as it may compel Spain to actually request aid via the ESM/ECB bond purchase program. (aka Bailout Lite)
Those who say it cannot be done should not interrupt those who are doing it
  • #54,789
  • Sep 14, 2012 9:53am Sep 14, 2012 9:53am
USD outperforming both CAD and JPY today. Shows you where the safe haven money has been hiding.

Long USD/CAD at 0.9660
Long USD/JPY at 77.16

If I can't win short the Euro, I'll win long the USD against the other safe havens
Those who say it cannot be done should not interrupt those who are doing it
  • #54,790
  • Sep 14, 2012 9:55am Sep 14, 2012 9:55am
QE2 was announced November 3, 2012 although the public discussion started August 27, 2012.

November 4, 2010 - the day after EURUSD topped out at 1.4282 and started a Down Trend for another 1424 pips (it's low January 9, 2011).

I'm not saying it's different or not different this time just thought it's nice to know.

But this time we had a good run-up with discussion of of QE3 and now that it is announced we can look back and ask if it was priced in or not.

Perhaps we will soon see (Today, Monday, Tuesday or so) the mother of all "sell the news" events.
  • #54,791
  • Sep 14, 2012 9:59am Sep 14, 2012 9:59am
Quoting Harpe Eagle
First closely I will watch PA if I find any signs to short this sucker then I will short around 1.3180 Sl 1.3215 target 1.2790
I will follow you
  • #54,792
  • Sep 14, 2012 10:00am Sep 14, 2012 10:00am
Quoting PipTrapper
USD outperforming both CAD and JPY today. Shows you where the safe haven money has been hiding.

Long USD/CAD at 0.9660
Long USD/JPY at 77.16

If I can't win short the Euro, I'll win long the USD against the other safe havens
usd/cad is the one give me maximum pain,i am long on it for some time.what can i say but HAIL LOW LEVERAGE,give one the feeling i am the CASINO
Allah has permitted trade and has forbidden interest [koran]
  • #54,793
  • Sep 14, 2012 10:02am Sep 14, 2012 10:02am
Quoting PipTrapper
USD outperforming both CAD and JPY today. Shows you where the safe haven money has been hiding.

Long USD/CAD at 0.9660
Long USD/JPY at 77.16

If I can't win short the Euro, I'll win long the USD against the other safe havens
right on sir!

I have been long the USD/JPY 77.62 from last night.

Also to note that we have a potential gravestone doji forming on the weekly, if that alone is any indication, then we are near a reversal for the jpy.

We also had some positive data from the US today so that should continue to support the current risk-on sentiment and greater sell off in JPY rather than USD.
  • #54,794
  • Sep 14, 2012 10:03am Sep 14, 2012 10:03am
Quoting 2013
I will follow you
may be even better if u follow YOUR self regard.
Allah has permitted trade and has forbidden interest [koran]
  • #54,795
  • Sep 14, 2012 10:03am Sep 14, 2012 10:03am
Breaking:

"Banking union outcome possible this year."
  • #54,796
  • Sep 14, 2012 10:07am Sep 14, 2012 10:07am
Quoting drzakir123
may be even better if u follow YOUR self regard.
We may seen same thing here. I see weekly FR38.2 around here. But tight sl. Thanks for you advised
  • #54,797
  • Sep 14, 2012 10:10am Sep 14, 2012 10:10am
Ok, I had a good time, but it is time to leave now. Cya @ weekend,

T
"I know one thing, that I know nothing." Sokrates
  • #54,798
  • Sep 14, 2012 10:12am Sep 14, 2012 10:12am
Quoting Tom_D_Trader
Ok, I had a good time, but it is time to leave now. Cya @ weekend,

T
Later Tom. Good work today
Those who say it cannot be done should not interrupt those who are doing it
  • #54,799
  • Sep 14, 2012 10:13am Sep 14, 2012 10:13am
Quoting lumesh
Breaking:

"Banking union outcome possible this year."
Not probable. I think a banking union before year end is more of a pipe dream than 1.2440
Those who say it cannot be done should not interrupt those who are doing it
  • #54,800
  • Sep 14, 2012 10:17am Sep 14, 2012 10:17am
Quoting PipTrapper
Not probable. I think a banking union before year end is more of a pipe dream than 1.2440
I knew you looking something bottom there
17 traders viewing now