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EURUSD

  • #700,681
  • Oct 1, 2012 8:16am Oct 1, 2012 8:16am
Quoting Itrade24h
Yesterday EUR gave the first hit to USD, winning the Ryder Cup going back 4 points in Saturday session. In markets bearish tone in the beginning of the week, ECB next Thursday should give more guidelines. EURUSD supports at 1.28(PS1) after Sidney open broke 1.2830(200 dma), then 1.2750(PS2). Resistance starts at 1.2890, then 1.2970(PR2). We like to sell on rallies to 1.2930, with SL above 1.2975, target 1.2760.

GBP complete first downside wave to 1.6135, selling figure we anticipate last week, worked great, and we prefer waiting to sell again...
  • #700,682
  • Oct 1, 2012 8:16am Oct 1, 2012 8:16am
futures are all pointing higher daily ATR reached...unless the start of 200 pip moves has begun
  • #700,683
  • Oct 1, 2012 8:17am Oct 1, 2012 8:17am
don't know what their game plan is.
  • #700,684
  • Oct 1, 2012 8:19am Oct 1, 2012 8:19am
Quoting KillerWhale
Seems like we're hammering out a top
i hope so but i dont think its yet.. still too much momentum
Be hopeful in a winning position, and fearful in a losing position.
  • #700,685
  • Oct 1, 2012 8:19am Oct 1, 2012 8:19am
If you had to bet your life. From the current price. WoULD the next 10 points be up or down?
He who guess is LOST!
  • #700,686
  • Oct 1, 2012 8:19am Oct 1, 2012 8:19am
damm that fellow just needs to fuck off. whenever he comes he by default creates volatility
  • #700,687
  • Oct 1, 2012 8:19am Oct 1, 2012 8:19am
bulls will continue to prevail till the level 1.2939. At least I hope so
  • #700,688
  • Oct 1, 2012 8:20am Oct 1, 2012 8:20am
I'm waiting for 1.2935 for short (channel trend line, 200 SMA).Let's see.
  • #700,689
  • Oct 1, 2012 8:21am Oct 1, 2012 8:21am
Quoting Rag2RichesFX
i hope so but i dont think its yet.. still too much momentum
That momentum gets less every minute at the moment
New voice message: Why are you calling me? If I need you, I'll call you!
  • #700,690
  • Oct 1, 2012 8:21am Oct 1, 2012 8:21am
Does ANyone on This Place Knows Why Did It Rallied That Much !! ?? !!
-
Just One WoRd ""HOW""
  • #700,691
  • Oct 1, 2012 8:22am Oct 1, 2012 8:22am
Quoting huchonok
bulls will continue to prevail till the level 1.2939. At least I hope so
I was all but expecting it to sink to 1.277 today. Oh well, short at 1.2940 is still within the trendline.
  • #700,692
  • Oct 1, 2012 8:22am Oct 1, 2012 8:22am
Quoting KillerWhale
That momentum gets less every minute at the moment
It's just consolidating though, no real sellers yet

sucks
Be hopeful in a winning position, and fearful in a losing position.
  • #700,693
  • Oct 1, 2012 8:23am Oct 1, 2012 8:23am
Quoting Rag2RichesFX
i hope so but i dont think its yet.. still too much momentum
Historically, once the pair reaches its previous weekly close, it always goes to it's weekly open before making its next massive move.

We've reached the previous weekly close this morning. But not retraced back to the weekly open ....yet
COT: The precious data ignored
  • #700,694
  • Oct 1, 2012 8:23am Oct 1, 2012 8:23am
Quoting AnveshS
Does ANyone on This Place Knows Why Did It Rallied That Much !! ?? !!
-
Just One WoRd ""HOW""
Ben effect. He is larger than GOD for that matter. he has a printing press which no one can ever create. even GOD
  • #700,695
  • Oct 1, 2012 8:26am Oct 1, 2012 8:26am
Gdday to ya. First time today on the screens. Looks like I missed a pretty nice upmowe.
  • #700,696
  • Oct 1, 2012 8:26am Oct 1, 2012 8:26am
Evans speaks, dollar falls; Coincidence?
  • #700,697
  • Oct 1, 2012 8:26am Oct 1, 2012 8:26am
Quoting AnveshS
Does ANyone on This Place Knows Why Did It Rallied That Much !! ?? !!
-
Just One WoRd ""HOW""
Why are you guys so surprised? I told you to watch for that 2874... Anyway, if one payed attention to the wires, fed Williams (voter) drove this up... I think he said something about 85B/mo instead of 83..

Besides, the better reason.. it's forex..
  • #700,698
  • Oct 1, 2012 8:27am Oct 1, 2012 8:27am
Quoting Nachiket
Ben effect. He is larger than GOD for that matter. he has a printing press which no one can ever create. even GOD
But Seriously He Will not Speak For Some 4 Hours Without That How Didi It rallied lIke Hell !!!
  • #700,699
  • Oct 1, 2012 8:27am Oct 1, 2012 8:27am
Quoting AnveshS
Does ANyone on This Place Knows Why Did It Rallied That Much !! ?? !!
-
Just One WoRd ""HOW""
Today is a new week, a new month, and a new quarter.
Time turns trend. - W.D. Gann
  • #700,700
  • Oct 1, 2012 8:27am Oct 1, 2012 8:27am
moved sl to break-even
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