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EURUSD

  • #823,081
  • Aug 8, 2013 11:07am Aug 8, 2013 11:07am
I think the dollar is strangling the Euro but it will balance out. Both want economic stimulus but it looks like the US is winning for now.
Taigen Profit This Month: na
  • #823,082
  • Edited 11:18am Aug 8, 2013 11:07am | Edited 11:18am
Quoting giveachance
{quote} whats your view on the eur/usd bro?
@giveachance:

The supply zone failed - but it allowed for some profitability. My attention has shifted.

I will now currency shop -

GBP/USD Supply Zone is at 1.5670 and maybe approaching it so I have to wait

USD/CHF is back the Demand Zone so I will now look to this currency for an entry to place a trade.

EDIT: But I have to be patient and wait for the close of market on Friday before I place a trade on the USD/CHF on Sunday and look at all the information I have available to me.

I'm out of my USD/CAD trade with 390pips (-20) = 370pips profit
I'm out of my EUR/USD trade with 250pips (-90) = 160pips profit

Total pips made in TWO trading weeks and FOUR days - 530pips
Total pips lost in TWO trading weeks and FOUR days = 110pips
  • #823,083
  • Aug 8, 2013 11:07am Aug 8, 2013 11:07am
Quoting ffleo
do you guys think euro will not challenge the last swing high at 3418 while it is so close? there must be tons of stops just above 3418.
it does not make sense that euro is pushed all the way up to here without challenging the last swing high while it is within touch.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #823,084
  • Aug 8, 2013 11:08am Aug 8, 2013 11:08am
Quoting iNSIELD
{quote} Attila ur thinking of longing here?
didn't decide yet..
  • #823,085
  • Aug 8, 2013 11:10am Aug 8, 2013 11:10am
Quoting swing 123
I do not know why ppl are predicting the top and taking the shorts why not go with the flow? Yes 3390 is an important no. and should be cautious here but if you have longs running let them run in my opinion.
until ?
  • #823,086
  • Aug 8, 2013 11:10am Aug 8, 2013 11:10am
Want EU to make a run for the border at 1.34xx and hopefully that will be my last short.
Taigen Profit This Month: na
  • #823,087
  • Aug 8, 2013 11:13am Aug 8, 2013 11:13am
long should be good around 3380.. if it goes from here, could be a fake.. pretty tricky..
  • #823,088
  • Aug 8, 2013 11:17am Aug 8, 2013 11:17am
Quoting JimmyC
{quote} Don't you think it could still go to 0.900xxx? {image}
If I'm wrong about the Euro for sure the fact that Euro is towards its daily highs and USD/CHF isn't anywhere near its low is a good sign
  • #823,089
  • Aug 8, 2013 11:17am Aug 8, 2013 11:17am
Quoting cspip
{quote} until ?

I wouldn't mind shorting UNTIL the PA says so. if you see the daily right now I do not see any weakness in EUR at all.
  • #823,090
  • Aug 8, 2013 11:19am Aug 8, 2013 11:19am
there we go..
  • #823,091
  • Aug 8, 2013 11:22am Aug 8, 2013 11:22am
aussie never retraced leaving me behind (i closed all longs too early, still captured over 100 pips)
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #823,092
  • Aug 8, 2013 11:26am Aug 8, 2013 11:26am
Quoting attila
long should be good around 3380.. if it goes from here, could be a fake.. pretty tricky..
You know what I miss? That penguin cam from a few years back.
  • #823,093
  • Aug 8, 2013 11:26am Aug 8, 2013 11:26am
Quoting swing 123
{quote} I wouldn't mind shorting UNTIL the PA says so. if you see the daily right now I do not see any weakness in EUR at all.
Just shorted.......for now....
  • #823,094
  • Aug 8, 2013 11:27am Aug 8, 2013 11:27am
Quoting ffleo
aussie never retraced leaving me behind (i closed all longs too early, still captured over 100 pips)

she don't have ABS break she always stop little away from station
Mohan
  • #823,095
  • Aug 8, 2013 11:28am Aug 8, 2013 11:28am
Quoting Venice
{quote} You know what I miss? That penguin cam from a few years back.

he he that was a good one, wasn't it?
  • #823,096
  • Aug 8, 2013 11:29am Aug 8, 2013 11:29am
Quoting cspip
{quote} Just shorted.......for now....
though there is still more room for longs yet, for tomorrow......(and GBPUSD)
  • #823,097
  • Aug 8, 2013 11:32am Aug 8, 2013 11:32am
what london is going to do? push it up through or push it down?
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #823,098
  • Aug 8, 2013 11:32am Aug 8, 2013 11:32am
Quoting mohan76
4 hours going to close , any one expecting bull magic , if it break we might see blood
Yeah,
Feckin' mine if it keeps going up!
  • #823,099
  • Aug 8, 2013 11:33am Aug 8, 2013 11:33am
Quoting cspip
{quote} Just shorted.......for now....
It may be ok if you trade 1, 5, or 10min charts or if you are a scalper but for me it is larger time frames.
  • #823,100
  • Aug 8, 2013 11:36am Aug 8, 2013 11:36am
Quoting swing 123
{quote} It may be ok if you trade 1, 5, or 10min charts or if you are a scalper but for me it is larger time frames.
close of weekly may bring some reaction from bears.
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