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EURUSD

  • #766,181
  • Mar 1, 2013 6:25am Mar 1, 2013 6:25am
Quoting Ken A
Sorry, Math
It is OK, I will live - I hope I hope you are on the right side mate... One of us should get lucky today at least...
  • #766,182
  • Mar 1, 2013 6:26am Mar 1, 2013 6:26am
Quoting USD-Bear
Attachment
very funny
looking for investors . pm me
  • #766,183
  • Mar 1, 2013 6:27am Mar 1, 2013 6:27am
Quoting Tadej89
I'm so disappointed about euro how it goes. From 1,3700 to under 1,3000 in less than a month, this sucks!
Charts tell it all. I think it was a mistake for many thinking it was the strongest currency.
When the facts change I change my mind, what do you do sir
  • #766,184
  • Mar 1, 2013 6:28am Mar 1, 2013 6:28am
Quoting USD-Bear
Attachment
thank you very much...gotta cook something..i need food
  • #766,185
  • Edited 9:55am Mar 1, 2013 6:29am | Edited 9:55am
.........
  • #766,186
  • Mar 1, 2013 6:29am Mar 1, 2013 6:29am
Quoting adrian1v2000
we will see ..anyway as i recall it has tested 119 at least 3 times...it has to take it out at least 118.70
it looks like it is heading to 119 as predicted..still holding shorts on eur/jpy
The market can stay irrational longer than you can stay solvent!!!
  • #766,187
  • Mar 1, 2013 6:30am Mar 1, 2013 6:30am
Quoting Tadej89
I'm so disappointed about euro how it goes. From 1,3700 to under 1,3000 in less than a month, this sucks!
Its definitely disappointing how much influence mouthing off & Italian politics have been able to have, big drop on the back of moaning about currency rates & the Italian elections. But it's provided a good excuse for the big boys to flush longs & then probably setup another run up
  • #766,188
  • Mar 1, 2013 6:30am Mar 1, 2013 6:30am
Quoting math_GB
It is OK, I will live - I hope I hope you are on the right side mate... One of us should get lucky today at least...
Got lucky this round. Can't short E/U at 1.3019 but managed to close E/J long then open short while U/J topping at 93.00 for few pips now. Will close E/J short when E/U hits 1.2950/60.

Attached Image

  • #766,189
  • Mar 1, 2013 6:31am Mar 1, 2013 6:31am
Quoting Pip Anon
Charts tell it all. I think it was a mistake for many thinking it was the strongest currency.
Well I still have a strong belief in euro, it will recover sooner or later.
  • #766,190
  • Mar 1, 2013 6:31am Mar 1, 2013 6:31am
Quoting Tadej89
I'm so disappointed about euro how it goes. From 1,3700 to under 1,3000 in less than a month, this sucks!
i dont want to go all tin foil hat here but for me, what mario and the big boys want, they get.

mario said the euro would be stronger by year end and it was.

mario spoke of a weaker euro last month and look where we are now.

imo this is a big boys/girls game, end of.

i try my best not to trade against them because whenever i do i get crushed.
  • #766,191
  • Mar 1, 2013 6:32am Mar 1, 2013 6:32am
Quoting adrian1v2000
it looks like it is heading to 119 as predicted..still holding shorts on eur/jpy
Glad to have a comrade. I been accumulating following my analysis.
When the facts change I change my mind, what do you do sir
  • #766,192
  • Mar 1, 2013 6:32am Mar 1, 2013 6:32am
I might be getting my 20 back..

+23 now..
  • #766,193
  • Mar 1, 2013 6:33am Mar 1, 2013 6:33am
This is continuation from what I talked about yesterday
  • #766,194
  • Mar 1, 2013 6:34am Mar 1, 2013 6:34am
Quoting adrian1v2000
it looks like it is heading to 119 as predicted..still holding shorts on eur/jpy
I got two targets
113,520
111,400
but I am looking at the bigger pircture here
swing it!
  • #766,195
  • Mar 1, 2013 6:34am Mar 1, 2013 6:34am
This is a 12 hour euro chart. Does not look like it is interested in any significant move north any time soon. 13000 area is weak demand at best, 12875 does not look much better....time will tell.
Attached Image (click to enlarge)
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  • #766,196
  • Mar 1, 2013 6:35am Mar 1, 2013 6:35am
Quoting godrich
i dont want to go all tin foil hat here but for me, what mario and the big boys want, they get.

mario said the euro would be stronger by year end and it was.

mario spoke of a weaker euro last month and look where we are now.

imo this is a big boys/girls game, end of.

i try my best not to trade against them because whenever i do i get crushed.
Logical, but I don't like this bleeding. Everything is so manipulated, I simply cannot understand its THAT simple when Draghi opens his mouth, euro goes in his wanted direction.
  • #766,197
  • Mar 1, 2013 6:35am Mar 1, 2013 6:35am
Quoting Tadej89
Well I still have a strong belief in euro, it will recover sooner or later.
It may, but I think it is just the flow of the market. Assets are deemed valuable by what people are willing to pay for it. Hitting 1.34 could have just been a reason to sell. As 1.34 was the reason high, the economic data coming out of EU just wasn't enough to sustain it.
When the facts change I change my mind, what do you do sir
  • #766,198
  • Mar 1, 2013 6:35am Mar 1, 2013 6:35am
Quoting godrich
i dont want to go all tin foil hat here but for me, what mario and the big boys want, they get.

mario said the euro would be stronger by year end and it was.

mario spoke of a weaker euro last month and look where we are now.

imo this is a big boys/girls game, end of.

i try my best not to trade against them because whenever i do i get crushed.
Good advice, the big picture makes sense. He wanted a strong euro and his 'whatever it takes' speech sparked a decent run up, but it went too far for some so we had all the mouthing off, Mario then says the strong euro could case issues and its driven back down. It's now created room for it to rise again and keep confidence without hurting exports
  • #766,199
  • Edited 9:54am Mar 1, 2013 6:36am | Edited 9:54am
........
  • #766,200
  • Mar 1, 2013 6:36am Mar 1, 2013 6:36am
Quoting math_GB
It is OK, I will live - I hope I hope you are on the right side mate... One of us should get lucky today at least...
Sorry Mate....
Well, you had all time frames against you.
So probability was also against you, too.
Read Charts - Not Papers
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