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  • #33,721
  • May 9, 2013 12:35pm May 9, 2013 12:35pm
Been watching John Kicklighter's analysis of this pair on DailyFX, and he believes that if it breaches 100, it's gonna shoot up immediately because of all the buy and stop orders sitting right there...plus the expectation's been building for months. Will be interesting to see if it goes today.
  • #33,722
  • May 9, 2013 12:38pm May 9, 2013 12:38pm
9x.xx ? 95 or 96?

Quoting 1candlepower
{quote} it always happens when you least expect it... this move will take us over 100, probably within hours. question then will be: how long before we see 9x.xx again.
  • #33,723
  • May 9, 2013 12:39pm May 9, 2013 12:39pm
Quoting trylikeafool
Been watching John Kicklighter's analysis of this pair on DailyFX, and he believes that if it breaches 100, it's gonna shoot up immediately because of all the buy and stop orders sitting right there...plus the expectation's been building for months. Will be interesting to see if it goes today.
i watch this pair a lot and i agree about the stops. few traders believe it will happen ...momentum, oversold/overbought, etc means little the key is surprise. today we have surprise.
  • #33,724
  • May 9, 2013 12:42pm May 9, 2013 12:42pm
99.8 has been key resistance in the past, but the pair is toying with this mark now, so we could see 100 before the week ends. I took a nice profit at 99.75, will now wait to see if it can breach the 99.8 barrier
  • #33,725
  • May 9, 2013 12:44pm May 9, 2013 12:44pm
Quoting iahmedz
9x.xx ? 95 or 96? {quote}
based on recent history with this pair, it waffles around for an extended period, then rips your face off (if you're short). i'm talking about shooting way above 100, and wondering how long before it dips below 100 again.
  • #33,726
  • May 9, 2013 12:44pm May 9, 2013 12:44pm
Once it breaks through 100, it will be a strong support.

Quoting 1candlepower
{quote} it always happens when you least expect it... this move will take us over 100, probably within hours. question then will be: how long before we see 9x.xx again.
  • #33,727
  • May 9, 2013 12:45pm May 9, 2013 12:45pm
right now, i think it's consolidating before the shot to 100.
  • #33,728
  • May 9, 2013 12:49pm May 9, 2013 12:49pm
There are a lot of sell orders to chew through at 99.90 apparently, so it depends on whether the bulls are ready for the fight yet. I've got a pending buy order a little above 100 should it go, but I can't say that I'm not skeptical this will go. It may stall here again and dip. The move was on the back of U.S. Treasury Bond sales, so I don't know if that's a strong enough catalyst.
  • #33,729
  • May 9, 2013 12:56pm May 9, 2013 12:56pm
bingo!
  • #33,730
  • May 9, 2013 12:56pm May 9, 2013 12:56pm
here it comes...
  • #33,731
  • May 9, 2013 12:56pm May 9, 2013 12:56pm
holy mother of ....
  • #33,732
  • May 9, 2013 12:58pm May 9, 2013 12:58pm
Ahahaha anyone riding this w/o TP?
  • #33,733
  • May 9, 2013 12:59pm May 9, 2013 12:59pm
Well, what do you know. Hopefully it follows through.
  • #33,734
  • May 9, 2013 1:00pm May 9, 2013 1:00pm
Quoting mm2mm
Ahahaha anyone riding this w/o TP?
what was TP again?
  • #33,735
  • May 9, 2013 1:01pm May 9, 2013 1:01pm
Quoting Plofkip
{quote} what was TP again?
Take Profit? Profit Target? Limit Sell?
  • #33,736
  • May 9, 2013 1:01pm May 9, 2013 1:01pm
wow !! what a quick move, I was very bullish on this pair, but did not expect it move that fast
  • #33,737
  • May 9, 2013 1:03pm May 9, 2013 1:03pm
101 coming?
  • #33,738
  • May 9, 2013 1:03pm May 9, 2013 1:03pm
with this move anybody got the next key level to watch
  • #33,739
  • May 9, 2013 1:03pm May 9, 2013 1:03pm
Quoting timandrobin
wow !! what a quick move, I was very bullish on this pair, but did not expect it move that fast
No kidding. I was in at 100.20. Looking to move to BE hopefully soon.
  • #33,740
  • May 9, 2013 1:06pm May 9, 2013 1:06pm
Quoting trylikeafool
{quote} No kidding. I was in at 100.20. Looking to move to BE hopefully soon.
I was in from 99.8, now locking in profit and see what is next
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