Trading EURUSD only

Also USD positive

US: Existing Home Sales rose 0.8% to 4.98M in February

Looking for an Expanded Flat
1H Chart:

Cyprus contagion?

Euro .2660!

Expect a Stop Run below 2880?

Some current FA

Euro tried to hold the 1.2900 handle but was overwhelmed. Small bids around the previous low at 1.2880 may halt the slide but I think the pressure is on. The important 200 dma is at 1.2868 ahead of more bids at 1.2860.
Cable is slowly following suit having slumped to a session low of 1.5124. Bids on Mikes earlier order board are very heavy so if the selling intensifies don’t look to those to hold up. On the H1 the 55 and 100 dma are down at 1.510/15 with bids just ahead of he big figure

Statistically, EU up on Fed days and down the following day.

The lines forming in Cyprus at the ATM is incredible. You would think they were giving away money instead of taking it away.

I would post pics but you get the idea.

Thanks for the observation Gray Suit. VERY TRUE.

Could bounce here off 76 Fib

TA chart porn.

I think I am going to sell travel urinals to traders so they dont have to leave to go to the bathroom on days like today.

took a SMALL long @01

PA went over the 5 SMA. kind of risky because the 5 didnt X the 15

Have an existing short @ 1.2860 so now I wait on Ms Market to bring home the long or short pips to me.

Out at +1 move petered out

greetings

I was out all day.
lets see if can find an OPP to trade

1H CT

Daily Ranges
tuesday 126
wednesday 122
actual 76

long @ 10

Cyprus/Eruogroup teleconference at 18.00 gmt. Statement after.
I’m in two minds whether the Cypriot gov will push for a result before the weekend.
The Euro seems to think so as we come of the lows and push back above 1.2900.