EURUSD

closed my long uj

great Gatorinla

hope next month is more profitable

Bonner, the long killer.

shall we next see you in April then?

Never a profit until it is closed but I think we may yet see some more squeezed out of it today

You are the richest dude on FF

possible. but why? after a bounce from 2894 2909... i would expect 319x that may cap it.. unless we get some closes below 2909 on the larger tf.. what ever happens.. i will be less bearish to neutral till after the bounce..

Holy batman Scottish people can drink...it's 4:30pm and I can still feel the booze from last night. No trading today, can't do that when hungover...work's bad enough

I can't double V you, but have to mention once again. I love the honesty and you deserve respect for being real.

no, i got some red ones still unclosed. i just plugged into that thingy to keep tract. first time not using a calculator. getting in the modern world.

even thinking about getting rid of the old ladies rock and buying her a washboard now. she about wore out the rock. she keeps bitching about her feet getting wet and cold when the creek rises. i am not so sure about doing this. when she washes the cloths she brings the kids. and when the kids get in the water, the larger gators come. that washboard may fu a good meat source.

29 level is of massive support if it is broken it can move down to 25 level. waiting for the right time

EJ long 121.05

You are scaring me

good call man, where did you get that figure from? have you been taking lessons from Cloggie???

Finally back after the Italian Elections (and who cares would you say? We are here to make money! I know). A good result of my party (the M5S new party with 25%+ of votes)...

... for an update on the Euro. My swing shorts are in deep green. Anyway I have kept publishing my view on the Euro (check the collection of posts in the 'Euro/Dollar' thread) and the possibility for it to move into 1.2900. We are a few pips away from that level and this is my updated view:



As anticipated in the last days and weeks price is coming all the way back into the 1.2900 area of support. On the daily chart (above) the current short setup 1.3160 area is pushing price lower into the first target 1.2950 and second target at 1.2840 which lines up with that 200-day SMA. That is where I see price stopping and reversing.

Below the 1.2700 level the Euro has the potential to correct all the way back into the 1.2130 area. But I consider this a less probable scenario at the moment. Reality on the US Dollar should pop in again, and we could see a reversal. Such reversal could take 15 to 20 sessions to take place though (if history repeats).

Scenario 1. If price finds support at the 1.2840-1.2900 area and this case will be confirmed with price above 1.2950 and then 1.3040. If price bounces and moves above 1.3040 we could get a lateral move in March, with two retest of lows (M-for-Murder pattern against support at in the 1.2900 area) before seeing a move into 1.41. This would leave time to the dollar to invert the current long trend.

Scenario 2. Price keeps moving lower below 1.2840 after a bounce and it breaks the 1.2700 area. In this case we could just continue lower into 1.2130 maybe before a large bounce

The related video will be on my blog. Let me know what you think.
Enjoy.

Cheers
G.

I truly don't but have to leave you... Dinner is almost ready. Have a fabulous weekend...! God Rest Ye Merry Getlemen...

Fook off..!!! I don't buy that one...! You are already in the loo in the pub across your house asshole! I can't thank you enough for the EJ post you had... God bless you mate...!

kind of dont understand
i prefer looking into market action then action...market have invisible hands and many kind of movements, it would be better for swing if we know market ready for oversold or over bought then we know its time to jump follow the market.. (in my opinion)
anyways.. i think you have good plans there

not yet, but the bar is calling

+20