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  • #17,661
  • Sep 10, 2013 5:26pm Sep 10, 2013 5:26pm
The key for me is where the Dow is heading. If we see a major selloff in the Dow after the Obama Primetime Show at 9:00 PM which will be led by the open in Frankfurt and we see a risk off scenario then USD/JPY might retrace and bring EUR/JPY down as well. That should push EUR/USD back under 1.3200

Check out WWW.FINVIZ.COM for the picture graphics on the Money Flow movements.

Where does Oil go and will Gold bounce back.

WWW.FINVIZ.COM/FUTURES.ASHX

Watch the direction of the Yields on the 2 Year US Bonds and the 10 Year US Bonds and the spread between the two.

And now on with the Show.
  • #17,662
  • Sep 11, 2013 1:41am Sep 11, 2013 1:41am
Yes the aussie was mentioned. I sold because a long time did pass since it reached the level again. Looking good for now.
Euro under pivot now, also would like to sell probbably.

CURRENCYMAN nice view, how do you connect all that? For trend reversal or daytrading.
I am really null on fundamental...
  • #17,663
  • Edited 2:30am Sep 11, 2013 2:09am | Edited 2:30am
Quoting Vladimir1987
Yes the aussie was mentioned. I sold because a long time did pass since it reached the level again. Looking good for now. Euro under pivot now, also would like to sell probbably.
I'm also looking at selling eurusd later today, it seems this months pivot is looking tight.
  • #17,664
  • Sep 11, 2013 5:02am Sep 11, 2013 5:02am
Closed aussie short for couple and euro short for the same amount but for a loss. Shorted again at top...
  • #17,665
  • Sep 11, 2013 5:30am Sep 11, 2013 5:30am
Guys, this is my view of EURUSD.

So far looks like EURUSD dips have been bought. We may have risk on due to delay and possibly cancellation of Syrian action. Now, from technical perspective looks like the pair might be heading to 3350. I have marked fib retracements but still remember that 3240-30 zone (from yesterday) hold the rally. IF the market drops below 3230 we might see 3205 and 3185 deep retracement. So far it looks bullish and risk on appetite could help the break of 3280.

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  • #17,666
  • Sep 11, 2013 6:19am Sep 11, 2013 6:19am
Quoting T@rantula
Guys, this is my view of EURUSD. So far looks like EURUSD dips have been bought. We may have risk on due to delay and possibly cancellation of Syrian action. Now, from technical perspective looks like the pair might be heading to 3350. I have marked fib retracements but still remember that 3240-30 zone (from yesterday) hold the rally. IF the market drops below 3230 we might see 3205 and 3185 deep retracement. So far it looks bullish and risk on appetite could help the break of 3280. {image}
I also agree and think there is more room for it to go higher, I'm in long from 1.3259 with a target of 1.3325.
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  • #17,667
  • Sep 11, 2013 9:08am Sep 11, 2013 9:08am
Nice T, thanks.

Can i ask u with ur analyze do you do it always on 4h? I usually just look at 1h and jump in to fast..
  • #17,668
  • Sep 11, 2013 9:25am Sep 11, 2013 9:25am
Quoting Vladimir1987
Nice T, thanks. Can i ask u with ur analyze do you do it always on 4h? I usually just look at 1h and jump in to fast..
Hey Vladimir, yes H4 is my usual TF of analysis though I also do it on h1 sometimes.

Quoting GDR3k
{quote} I also agree and think there is more room for it to go higher, I'm in long from 1.3259 with a target of 1.3325. {image}
Yes 3300 has been reached we need a clear break of 3305 to proceed further.
  • #17,669
  • Sep 12, 2013 1:47am Sep 12, 2013 1:47am
Have this at the moment. A drop would be good for a better buy later?
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  • #17,670
  • Sep 12, 2013 2:49am Sep 12, 2013 2:49am
Tried a short, 1h resistance its mini but lets see. Giving 10 or less if its not holding.
  • #17,671
  • Sep 12, 2013 4:55am Sep 12, 2013 4:55am
Were at support now as seen on chart. Dont know if i would like to close it cause were now trapped under daily pivot and at support.
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  • #17,672
  • Sep 12, 2013 5:21am Sep 12, 2013 5:21am
Situation is clear today. We have 3275 region as very important zone. Now all traders are waiting for mr.Draghi's speech in 1h and 20 minutes. If 3275-70 holds 3325 3350 and 3385 are targets. Below 3270, 3240 and 3215 will be targets with 3205 as major support. On the chart we see a nice upward equidistant channel and confluence comes right at the marked region 3275. That is why that level is so important.

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  • #17,673
  • Sep 12, 2013 7:59am Sep 12, 2013 7:59am
Had a bit of luck here but just came home and see that it jumped up. Really consider closing this one...
Will wait for couple of 15min candles to see if this goes down...

Any thoughts?
  • #17,674
  • Sep 12, 2013 9:17am Sep 12, 2013 9:17am
Fk it closed for 20. Sad i wasnt home at news for 50... but still ok
  • #17,675
  • Sep 12, 2013 9:51am Sep 12, 2013 9:51am
Mistook news spike for break of 3270, shorted, lost 18. Got back in long at 76 when 70 held. I'm taking profit here around 3323 to keep the day profitable.

Great levels T. I need to learn how to read and trade them better.
Follow the money --Mark Felt (Deepthroat)
  • #17,676
  • Sep 13, 2013 7:42am Sep 13, 2013 7:42am
EURUSD is on its way to 3350 and possibly 3400. 3275-60 is excellent support zone. Daily is bullish, H4 turned bullish. I advise-buy the dips. Watch out for UOM data release in 1h.

Cable also TARGETS 5880.

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  • #17,677
  • Sep 13, 2013 10:32am Sep 13, 2013 10:32am
EURUSD HEAVILY supported at 3255. Rejections off the support proved very good for scalping/positioning.
  • #17,678
  • Sep 15, 2013 10:37am Sep 15, 2013 10:37am
Really nice PA on Friday sadly could not trade it. Here some nice entries as i see them
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As far for next week i think for this scenario...
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  • #17,679
  • Sep 15, 2013 4:05pm Sep 15, 2013 4:05pm
stupid open
  • #17,680
  • Sep 16, 2013 3:34am Sep 16, 2013 3:34am
Quoting Vladimir1987
stupid open
Gap. It was due to major news over the weekend (FED). We need to be prepared for gap close.
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