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EURUSD

  • #793,981
  • May 2, 2013 10:21am May 2, 2013 10:21am
guys just imagine if "sell off" triggers here??? Lolz!!! Draghi will kill himself!!
  • #793,982
  • May 2, 2013 10:21am May 2, 2013 10:21am
I like to know your idea loadedgun bcs you don' believe in fundamentals and you see what Draghi does when he clarifies he is looking for weaker Euro and the same thing happened when he said don' bet against the Euro last year, as long as I know when it comes to central banks policies they are real game changers and for this pair I am pretty sure that 1.27 can not hold either and it is just a matter of time while technicals as trend or weekly head and shoulder, rsi, or any mathematics justifications just come after to justify price action which has been driven by ECB comment. I do welcome your idea because I follow your ideas and respect your deep analysis. thx in advance
  • #793,983
  • May 2, 2013 10:22am May 2, 2013 10:22am
Why did i trade today!

Made decent profit Mon-Wed, blew it today after getting sucked into the ECB PA vortex. Went into total revenge trading mode and lost control
  • #793,984
  • May 2, 2013 10:22am May 2, 2013 10:22am
Quoting WhiteHorse
{quote} ok then, coffee from me.... btw GBP trade is doing well London bridge is falling down....

  • #793,985
  • May 2, 2013 10:22am May 2, 2013 10:22am
another 50 pips to the downside, then we could see some shorts cover. til then, let her drop.
"It is not enough to have a good mind; the main thing is to use it well"
  • #793,986
  • May 2, 2013 10:22am May 2, 2013 10:22am
Quoting kbmoonshinex
{quote} i see now bounce to 3133 minimum .
Yep. I'm waiting on the 3138 stall.
Time turns trend. - W.D. Gann
  • #793,987
  • May 2, 2013 10:23am May 2, 2013 10:23am
wow... missed the drop... am i seeing a support point at 304.. let me know wat you think guys
Z
  • #793,988
  • May 2, 2013 10:27am May 2, 2013 10:27am
Quoting Tom_D_Trader
{quote} There is too much debt in Southern Europe and their deficits are 5%+. No way they could repay it or they could grow up. Still the same imo. Nevertheless, all eyes on Japan now, imo EU has kicked the can firmly. T
I don't think that is the main problem anymore. Slow/No growth, internal economic forces in a mess and losing appetite for reform is the problem. Economic growth is the name of the game.

In any case, 1.318x is going to held the combo. Only NFP left and Euro back inside of chop zone as expected and equities ready for a new assault on the highs as soon as Europe goes home.

Final rate cut across the develop world completed, Lower US Unemployment Claims in a decade, US unemployment expected to tick down with strong NFP tomorrow and FED in full printing mode... what else do you want and we still have +4 weeks before the summer ... everything in a silver plate...

I hope you are loaded...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #793,989
  • May 2, 2013 10:28am May 2, 2013 10:28am
Quoting ngbans
wow... missed the drop... am i seeing a support point at 304.. let me know wat you think guys
Weekly open 1,3028 watch out that one.
COT: The precious data ignored
  • #793,990
  • May 2, 2013 10:29am May 2, 2013 10:29am
e- close soon... small longs i look to take.. made my month target already..
Attached Image
those who can, do. those who cant, talk about those who can
  • #793,991
  • May 2, 2013 10:30am May 2, 2013 10:30am
Quoting sisse
{quote} I don't think that is the main problem anymore. Slow/No growth, internal economic forces in a mess and losing appetite for reform is the problem. Economic growth is the name of the game. In any case, 1.318x is going to held the combo. Only NFP left and Euro back inside of chop zone as expected and equities ready for a new assault on the highs as soon as Europe goes home. Final rate cut across the develop world completed, Lower US Unemployment Claims in a decade, US unemployment expected to tick down with strong NFP tomorrow and FED in full...
energy, game changer, snowball affect.
those who can, do. those who cant, talk about those who can
  • #793,992
  • May 2, 2013 10:32am May 2, 2013 10:32am
Quoting kuroro001
{quote} Weekly open 1,3028 watch out that one.
that's were i have my eyes on
  • #793,993
  • May 2, 2013 10:32am May 2, 2013 10:32am
Quoting bennyblanco
Why did i trade today! Made decent profit Mon-Wed, blew it today after getting sucked into the ECB PA vortex. Went into total revenge trading mode and lost control
its you again...blanco from the bronx...yes that is one long candle there...full of sellers....no worries tomar is a glory day
  • #793,994
  • May 2, 2013 10:32am May 2, 2013 10:32am
Long at 3039 tp 3197
Founder of Sutherland Wave Principle
  • #793,995
  • May 2, 2013 10:34am May 2, 2013 10:34am
Quoting Rui Texieira
{quote} that's were i have my eyes on

I'm close to that at 0260.
  • #793,996
  • May 2, 2013 10:34am May 2, 2013 10:34am
Got a nice conspiration . Bastards may have made a deal. ECB says they´r gonna cut if banks send big chunk of those cash in sovereign bonds, so governments have a bit more space. In the end, result of this action is lowered expenses of governments, therefore, they dont need to be so austere and in the end if it all works (haha), it may result in a bit of growth. Ah, forgot that if they got 5%+ deficits and whole this action will cut 0,5%, they´r still facked. But if a bit of growth produces another 1%, hey only 3,5% more left (Not mentioning Greece here, who would still be @ 10%). But let us celebrate in Europe, we may spend some more.

T
"I know one thing, that I know nothing." Sokrates
  • #793,997
  • May 2, 2013 10:35am May 2, 2013 10:35am
Quoting suthmo
Long at 3039 tp 3197
suthmo reason for the trade and target
  • #793,998
  • May 2, 2013 10:37am May 2, 2013 10:37am
Quoting gatorinla
{quote} energy, game changer, snowball affect.
Nay .... sure important but is not the core problem. You can give Greece, Spain and friend all the Oil reserves of Kuwait and the Gas reserves of Canada ..still they will be in a mess ...closer to Venezuela rather than Norway ... they need to correct so many structural economic issues that energy is not the issue ...

In any case, done for the day ...GL gator in your trading..

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #793,999
  • May 2, 2013 10:39am May 2, 2013 10:39am
Quoting SnaveForex
{quote} suthmo reason for the trade and target
That's actually a good buy area on one of my charts. 180 degree turn from the swing low (open), on 4-04. Nice bounce off the 3038.
Time turns trend. - W.D. Gann
  • #794,000
  • May 2, 2013 10:41am May 2, 2013 10:41am
Had buy orders placed while I was asleep, buying into this dip and got absolutely slaughtered. So much for the bounce I was looking for!.
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