EURUSD

from a fundamental side it is easily conceivable for the euro to continue going up this year, if there are no systemic shocks to the global or European economy.

when looking at the markets in terms of risk and highest possible yield.......a stable global economy will continue to entice large amount of cash and investments into higher yielding assets. By this mechanism alone you will see a depreciation of the USD, the correlation of USDX against the Euro from 2009 to now is -.91, the correlation with equities is .68.

in a low rate environment capital will flight to greater return and less risk.

Bernanke has given the benchmarks to what will be the trigger to a interest rake hikes, so improving US growth, economic indicators and global economic conditions do not necessarily mean USD positive unless and when these interest rate hikes start to come into play.

as it stands right now it is conceivable for the euro to continue appreciating and this will be evident in the fact that 1.30 will serve as support, if we do not go below 1.28 then odds are we are not going to revisit 1.20 anytime soon.

right now the rate stands at 1.3078, if we are going to bet on what is more likely I think a revisit to the 1.32 highs is conceivable short term.

however besides the risks of debt ceiling (which will be raised) and the economic indicators like unemployment, trade balance, and PMI's I think one of the real determinants is the RBA rate cuts.... and there are 4 large banks to my understanding that are taking their own initiative to cut their lending rates.

Okay ...

No traders in currently ...

I will publish later then ...






;-|

They're never here.

I think i will do nothing till my weekly candle close because not sure yet 2980 will b touch or not
OR my 4h close above 3090

Bought at 70, risk is slim to none, bought this thing for peanuts. If it goes in my direction, I'll add later..

ok...ill cover +40 ...half off also here from 55 for +23...other half sl +19 at 74ish bid (done)

target still 97 for the half...some sell there also but tight and eatable

dollar king? gnight

EUR/USD

First Target : 1.3380 (10-15 days later)
Second Target 1.3460 (4-5 weeks later)
Third Target 1.4250 (6 months later/second half of 2013)

GL

looking at the circled areas for buy/sell... flat until then.


just as expected

[quote=davidsayli;6342060]EUR/USD

First Target : 1.3380 (10-15 days later)
Second Target 1.3460 (4-5 weeks later)
Third Target 1.4250 (6 months later/second half of 2013)

GL[/qu

What's the target for today

hi there this is heavy stuff mateeee are you in a long position if you are where is your sloss and where did you buy it from

Hey guyz how r u all
hope its a green week for us all

We can see 1.3117-1.3133 area today...

GL

I have a heavy position(4 standart lot) at 1.2718 i also added 2 lots near 1.31.
I can carry it for long term. Because i use a non-swap broker.

My SL:1.2870

GL

My main position for the week. Target 200 Pips. LONG 1.3074

Purple dotted Line is 1440 EMA on H1 chart.

hmm.. looks like market will be in a tight range today.

Scalped for 9 pips. Have another pending order at 66, now I'm off to bed.

thats very good trades gluck to you but i d give you my opinion no charge lol after 300 pips drop you should have some doubts that it s still going to the upside at least on short term and i ll be trading to the upside only for corrections of that drop once we get a 3 wave up into 50%-61.8% fib of the drop around 1.3150-1.318 its a sell to go much deeper and in 2 weeks instead of going to 1.338 it might break 1.266 thats only a senario what needs confirmation at least by getting the correction in 3 waves to the mentioned area

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