EurAnalysis | Page 3152 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD

Similar Threads

EurAnalysis Kindergarten 24 replies

Attachments: EurAnalysis
Exit Attachments

EurAnalysis

  • #63,021
  • Dec 12, 2012 9:51am Dec 12, 2012 9:51am
Hope no pigs got slaughtered
  • #63,022
  • Dec 12, 2012 9:52am Dec 12, 2012 9:52am
Quoting ingmarforex
Hope no pigs got slaughtered
If there are no pigs, then none got slaughtered.
Those who say it cannot be done should not interrupt those who are doing it
  • #63,023
  • Dec 12, 2012 9:53am Dec 12, 2012 9:53am
Quoting 100PipsADay
Very bad for Bears...

Boy am I glad I got out of my NZD/USD shorts the other day! I see .88 next for NZD. 1.08-1.10 for AUD. Not too sure about EUR but probably 1.33-1.34
Did you reverse to long?
  • #63,024
  • Dec 12, 2012 9:55am Dec 12, 2012 9:55am
bad news for me, i'm a little overleveraged :/
  • #63,025
  • Dec 12, 2012 9:56am Dec 12, 2012 9:56am
Quoting Ken A
Did you reverse to long?
Nah...

Still long A/J though and E/A.

A/J is performing nicely, E/A is kind of stuck but still think it should be a good long term play. Should start picking up once the "fiscal cliff" fiasco starts to show itself again.

I'm looking to close A/J at about 88.50 or so.
  • #63,026
  • Dec 12, 2012 9:57am Dec 12, 2012 9:57am
Fed Statement change tracker from WSJ

http://projects.wsj.com/fed-statement-tracker/#
Those who say it cannot be done should not interrupt those who are doing it
  • #63,027
  • Dec 12, 2012 9:58am Dec 12, 2012 9:58am
Quoting 100PipsADay
Nah...

Still long A/J though and E/A.

A/J is performing nicely, E/A is kind of stuck but still think it should be a good long term play. Should start picking up once the "fiscal cliff" fiasco starts to show itself again.

I'm looking to close A/J at about 88.50 or so.
I will close some to deleverage but will wait until Dec 16 official outcome if LDP wins.
  • #63,028
  • Dec 12, 2012 10:04am Dec 12, 2012 10:04am
Got some pips this week buyin the euro. I know i got out too soon on some trades but pips in the bank are pips in the bank for me.
  • #63,029
  • Dec 12, 2012 10:05am Dec 12, 2012 10:05am
This should continue to Asian Session.


Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 54 KB

  • #63,030
  • Dec 12, 2012 10:07am Dec 12, 2012 10:07am
Quoting Ken A
I will close some to deleverage but will wait until Dec 16 official outcome if LDP wins.
Nice!
  • #63,031
  • Dec 12, 2012 10:08am Dec 12, 2012 10:08am
Quoting PipTrapper
You might have a point there. However, those who maintained their shorts through the bottoming process probably burned through their profits with the negative swap... so I don't think there are many of them still hanging in unless they are hedge positions.
http://i1356.photobucket.com/albums/...ps964115d6.jpg

7500 pip down move. A 20% pullback which would bring us to the 90 level is healthily & still keeps the downtrend in tack. Just something to think about & keep in mind. Above 90 & we can make an argument for a change in trend.
It works till it doesn't
  • #63,032
  • Dec 12, 2012 10:13am Dec 12, 2012 10:13am
EUR/JPY almost hit 109.00, should get to 111.00 very soon.
  • #63,033
  • Dec 12, 2012 10:14am Dec 12, 2012 10:14am
Quoting ferndog
Got some pips this week buyin the euro. I know i got out too soon on some trades but pips in the bank are pips in the bank for me.
and everybody else too. Always a good thing when one banks pips
Those who say it cannot be done should not interrupt those who are doing it
  • #63,034
  • Dec 12, 2012 10:15am Dec 12, 2012 10:15am
Quoting Ken A
EUR/JPY almost hit 109.00, should get to 111.00 very soon.
It works till it doesn't
  • #63,035
  • Dec 12, 2012 10:16am Dec 12, 2012 10:16am
Quoting PipTrapper
and everybody else too. Always a good thing when one banks pips
Did you catch the move PT? Your big should be YES.
  • #63,036
  • Dec 12, 2012 10:18am Dec 12, 2012 10:18am
So who hates Bernanke now? I love him.
  • #63,037
  • Dec 12, 2012 10:19am Dec 12, 2012 10:19am
Quoting Ken A
Did you catch the move PT? Your big should be YES.
No... As I mentioned earlier today, I'm waiting for the dust to settle. The market is still digesting the implications of the Fed statement because of the surprise change in fed funds rate target.
Also certainly not going to make any moves until after the pressie.
Those who say it cannot be done should not interrupt those who are doing it
  • #63,038
  • Dec 12, 2012 10:20am Dec 12, 2012 10:20am
Quoting PipTrapper
No... As I mentioned earlier today, I'm waiting for the dust to settle. The market is still digesting the implications of the Fed statement because of the surprise change in fed funds rate target.
Also certainly not going to make any moves until after the pressie.
Yea ain't over until the fat lady sings.
  • #63,039
  • Dec 12, 2012 10:21am Dec 12, 2012 10:21am
Something Interesting from J Kickligher
Attached Image (click to enlarge)
Click to Enlarge Name: pic2.jpg Size: 302 KB
Trade smaller than rational because the market is irrational...
  • #63,040
  • Dec 12, 2012 10:21am Dec 12, 2012 10:21am
Quoting Ken A
So who hates Bernanke now? I love him.
Actually I love him more now than before. Finally he has tied the fed funds rate to an economic indicator (unemployment rate) rather than a specific date. So this means that now monthly NFP and weekly US Jobless claims will have a lot more meaning than before.

I'll bet you the USD will rally tomorrow if the US jobless claims number comes in lower than expected.
Those who say it cannot be done should not interrupt those who are doing it
20 traders viewing now