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EURUSD

  • #805,241
  • Jun 6, 2013 12:00am Jun 6, 2013 12:00am
eu finally closes 3097+
those who can, do. those who cant, talk about those who can
  • #805,242
  • Jun 6, 2013 12:00am Jun 6, 2013 12:00am
Quoting gatorinla
{quote} if in the infant stages of china buying less, i dont know.. mofus are a mofu, we are in one and the edge is at 9432
Mmmm.. As much as I don't want to long this turd. Gonna take the r/r trade near your LM
  • #805,243
  • Edited 4:12am Jun 6, 2013 12:13am | Edited 4:12am
Quoting gatorinla
eu finally closes 3097+
See that close, but $/Yen is catching a bid now and it may have enough horsepower to take it back to 100.25........Could hold the Eur back for a while longer.....
  • #805,244
  • Jun 6, 2013 12:18am Jun 6, 2013 12:18am
Quoting diggo
{quote} Mmmm.. As much as I don't want to long this turd. Gonna take the r/r trade near your LM

its a steam roller. but LM can be tough, from the top. i am not saying shit
those who can, do. those who cant, talk about those who can
  • #805,245
  • Jun 6, 2013 12:57am Jun 6, 2013 12:57am
Hi all,

expecting pullback between now and same time tomorrow to 1.30 Support.

Sloped support suggests bear entry point. around 1.31 zone naturally expected though.

Break up will market at higher ground, more likely than not from USD weakness, bringing down USD/JPY...

Betting on the zone holding and USD/JPY coming back to 100.

...Will see what the news brings...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Retrace 1.30 Sloped Resistance.PNG Size: 54 KB
Even the worst trade can close with profit. Just give it time.
  • #805,246
  • Jun 6, 2013 12:59am Jun 6, 2013 12:59am
ok lets have all of us a great trading day.
  • #805,247
  • Jun 6, 2013 1:05am Jun 6, 2013 1:05am
Quoting maximinus
EJ near 129.74. If no bounce, and cross this level, it could give the south direction for eur.
The market is very kind this early morning. I let you choose your EP and SL with the help of ltf.
Attached Image
Don't be smart. Be rich.
  • #805,248
  • Jun 6, 2013 1:16am Jun 6, 2013 1:16am
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 16 KB
  • #805,249
  • Jun 6, 2013 1:17am Jun 6, 2013 1:17am
Good morning all (in Europe)

Seems that consolidation is terminating and we are escaping the box from the upside, hope we will have some action today...
Simplicity is the Ultimate Sophistication.
  • #805,250
  • Jun 6, 2013 1:24am Jun 6, 2013 1:24am
Quoting broketrader
Good morning all (in Europe) Seems that consolidation is terminating and we are escaping the box from the upside, hope we will have some action today...
surely! we got ECB press conference!!
  • #805,251
  • Jun 6, 2013 1:28am Jun 6, 2013 1:28am
The last pin bar on the 5 just pierced the upper channel line of the wedge on the 4h
  • #805,252
  • Jun 6, 2013 1:44am Jun 6, 2013 1:44am
Quoting Kingscalp
The last pin bar on the 5 just pierced the upper channel line of the wedge on the 4h
going back to test the bears
  • #805,253
  • Jun 6, 2013 1:45am Jun 6, 2013 1:45am
Quoting KiwiTrada
eu close to 3108 r cable 5413 r kiwi 7915 s worth an eyeball
i think there will be no rate cut on GU today so my bet is that it will sky rocket to weekly r3 or monthly r1, then i will start to look at a short (assuming the words would be the same a RBA, open to possibility of cutting rates within 2013)

kiwi is hard leave that to you!
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 37 KB
  • #805,254
  • Jun 6, 2013 1:46am Jun 6, 2013 1:46am
Any clues if might Draghi's speech would have a significant impact on the market? Can he tell something new?
  • #805,255
  • Jun 6, 2013 1:50am Jun 6, 2013 1:50am
Quoting yelena
{quote} i think there will be no rate cut on GU today so my bet is that it will sky rocket to weekly r3 or monthly r1, then i will start to look at a short (assuming the words would be the same a RBA, open to possibility of cutting rates within 2013) kiwi is hard leave that to you! {image}
Yes.. GU looks too high based on recent events.. 1.48..

Yes it came from 1.63.

But I am watching 1.57.

Net long in this pair,

AUD,GBP,NZD are dead to bulls for a while imo
Even the worst trade can close with profit. Just give it time.
  • #805,256
  • Jun 6, 2013 1:51am Jun 6, 2013 1:51am
Quoting Kingscalp
{quote} going back to test the bears

bulls broke, now waiting
  • #805,257
  • Jun 6, 2013 1:56am Jun 6, 2013 1:56am
Quoting Kingscalp
{quote} bulls broke, now waiting
Yes but not with much power. Certainly that not all shorts have covered yet. We will see if previous resistance becomes support and if it's the case, shorts should cover then and we would see a more energetic run up...
Simplicity is the Ultimate Sophistication.
  • #805,258
  • Jun 6, 2013 1:59am Jun 6, 2013 1:59am
Quoting broketrader
{quote} Yes but not with much power. Certainly that not all shorts have covered yet. We will see if previous resistance becomes support and if it's the case, shorts should cover then and we would see a more energetic run up...


seems bulls have little balls here, yes they are looking to buy cheaper.
  • #805,259
  • Jun 6, 2013 2:02am Jun 6, 2013 2:02am
Quoting Kingscalp
{quote} seems bulls have little balls here, yes they are looking to buy cheaper.
And certainly some longs which bought in April and early may at these levels are also closing their positions at BE...
Simplicity is the Ultimate Sophistication.
  • #805,260
  • Jun 6, 2013 2:18am Jun 6, 2013 2:18am
Quoting broketrader
{quote} And certainly some longs which bought in April and early may at these levels are also closing their positions at BE...

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