EurAnalysis

Making some adjustments on this 10 day hourly chart. Watching data releases like a hawk. If this rally goes anywhere...I'll add another position if it breaks resistance and retests...will add at the retest point..get in a bit early if possible...

Wondering how to reply to others. The only option that I see is reply to thread. Would like to be able to communicate a bit more directly. Newbie in this area.

I see bounce from equity craze. Loading up on bounce for additional moves down. Sub 1.2850 is my target. TP there.

Don't trust the bounce to last.

click on quote on the post you want to reply

hi

Morning ALL...

Intersting view from MONTHLY perspective on eurodollar...

Hey guys!

Whats happened to PT???

Here's quick update from Alpi guys...
His comments on ADP starts on 1:30min
The guy says it doesn't have much inpact on price, which seems to be acurate.

Hello all,
the Dollar Index is the King and it's good to analyze where/when it could top-out. This is my latest analysis for it.

The Dollar Index could be very close to a reversal. On the daily chart, the sequence of measured moves higher, which was currently trading in extensions long, failed with price moving below 82 (I had indicated that level in the free weekly Newsletter). That failure, along with the traditional long that offered support yesterday and today (see scenario 1 below) is pointing to highs at 82.78-85 or slightly higher.

http://www.forexfactory.com/attachme...1&d=1362580767

Following are the two scenarios I was able to identify. I think the second scenario has less probability to take place:

Scenario 1. After failing the sequence of measured moves higher, with price moving below the 82 level, the Dollar Index found support in the same area. The 81.90 level held indicating a target in the 82.78 level. This is very close to the 82.84 first target of the failed extension long (Busted setup pattern). So I anticipate price moving into the 82.70-90 and then a swift move lower due to profit taking.

Scenario 2. There is still a possibility for price to continue higher, but that would mean that the Euro-Dollar could not find participation at the 1.2900 area.

Let me know your thoughts.
Thank you
Have a great day
G.

I asked about PT over 4 hours ago... i take it no one knows anything then??

A lot has changed on the forum.... Anyone can shed some light would be nice.

Thanks

Maybe if you clarify what the h**k is PT maybe someone can answer you....

We've been told PT was on holidays.
He disapeared completely, so I assumed he must have spent his holidays somewhere in Bermuda Triangle...
Few guys trying to keep the thread "alive" but it won't last long if PT does not return quickly...
Hey, PT, get back to work man...
---

Maybe Pt is taking a break from having to be the one who always makes this thread go. Sorry if I'm out of line. I am a newbie here and don't know much about your history. But, I've encountered 3 traders who are at a high level...legit...and trustworthy...

This thread can rebound on it's own merit...

I just want to make some friends...express myself....without having to worry about my computer getting screwed up or getting put down because I said something wrong....or being chastised because I'm going the opposite way of the thread...

Whatever made this thread great, is still there....just might take a bit of tweaking to get things popping again...

I posted a link to Robin Williams rebound last week....

The guy is a genius...

Not one reply...It's like there is no true sense of humor here...

Like the place is dead...

meanwhile...there are some real issues at stake...like the current ECB rate decision...I can see why PT would prefer to leave this place.

Ni disrespect, but if you dont know what PT means or who he is then i rest my case... Those who do are the ones i will appreciate their answers.

Thanks

Hi everyone I'm sure that PT will be back in due course as and when he is ready. Given that he is just back from a lengthy holiday & moving house a few weeks back...add the factors that life can throw at u to hinder progress & time scales...I'm sure you have all been there and therefore can draw your own conclusions

May I suggest that those few that still do pop in every now and again post their thoughts as we can still interact without PT, whom I'm sure will appreciate his work being sustained in his absence

If the markets have taught us anything..it is not to assume anything, so lets keep that in mind with all the speculations about PT..

Agreed 100%

EURUSD

Nice! I'm waiting for a signal to long up into the 60/84 area...