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  • #851,221
  • Nov 7, 2013 7:50am Nov 7, 2013 7:50am
Think we might be heading to 1.3262 today. Looking to aggressively sell any rallies for new lows.
  • #851,222
  • Nov 7, 2013 7:53am Nov 7, 2013 7:53am
Quoting Ck87
Think we might be heading to 1.3262 today.

Don't be greedy, it's moved 2.5 big figures already, and we're not talking about an easing cycle here. It's a 1-time cut with a likely poor headline NFP print tomorrow due to shutdown effects. You could be right, but imho the reward/risk is not there
  • #851,223
  • Nov 7, 2013 7:53am Nov 7, 2013 7:53am
Lots of buyers around 1.3300. Very interesting. Don't see them holding snake eye for very long.
  • #851,224
  • Nov 7, 2013 7:56am Nov 7, 2013 7:56am
Quoting eurusd_trade
{quote} Don't be greedy, it's moved 2.5 big figures already, and we're not talking about an easing cycle here. It's a 1-time cut with a likely poor headline NFP print tomorrow due to shutdown effects. You could be right, but imho the reward/risk is not there

I hear you, I'm holding short regardless, not a day trade. I believe we are going to see 1.32 if not way lower.

This whole rally was a huge joke to begin with. EU is definitely in a downtrend, it's just that too many people were short so we had to rally until a lot of the shorts gave up. Just the way I see it. Of course I also think every market is rigged to begin with.

Who knows
  • #851,225
  • Nov 7, 2013 7:59am Nov 7, 2013 7:59am
Another perspective -- we've filled in the Larry Summers gap from mid-September.
  • #851,226
  • Nov 7, 2013 7:59am Nov 7, 2013 7:59am
Gator
I told your norm was my mofu.
1.36 is dreaming

weathercheck
Quoting weathercheck
Expect EUR/USD to bounce upward now towards close close tonight near 13580
here we are 260 pips below your target.
  • #851,227
  • Nov 7, 2013 7:59am Nov 7, 2013 7:59am
this rate cut will make the euro stronger in long term. there is no more room to cut rates.
  • #851,228
  • Nov 7, 2013 8:01am Nov 7, 2013 8:01am
I am under the impression that the uberpositive US data paves they way to bear-carnage
  • #851,229
  • Nov 7, 2013 8:02am Nov 7, 2013 8:02am
Quoting NJaNeer
I wanna play, I say down to 1.335 cause it's a sexy number.
Quoting NJaNeer
If you are long now is a good time to gtfo. lol
http://charts.mql5.com/2/988/eurusd-...-division1.png

My 8Ball never lies
  • #851,230
  • Nov 7, 2013 8:02am Nov 7, 2013 8:02am
Quoting wannaberich
{quote} nope. i am out at the moment. 3344 might be interesting as is 3418 for the down side
take a look at 3051, I call that a valid cross through 3441.x
Attached Image
  • #851,231
  • Nov 7, 2013 8:06am Nov 7, 2013 8:06am
Quoting giveachance
this rate cut will make the euro stronger in long term. there is no more room to cut rates.
Don't care long term. Now we short the hell out of it.
  • #851,232
  • Nov 7, 2013 8:10am Nov 7, 2013 8:10am
Quoting Fx-gtg
Gator I told your norm was my mofu. 1.36 is dreaming weathercheck {quote} here we are 260 pips below your target.

Huh?????????
those who can, do. those who cant, talk about those who can
  • #851,233
  • Nov 7, 2013 8:11am Nov 7, 2013 8:11am
look at the last H4 candle in gold. crazy. draghi has caused lot of pain today for sure. another bubble in european stocks
  • #851,234
  • Nov 7, 2013 8:12am Nov 7, 2013 8:12am
anyone else with forex.com getting shafted right now? No live rates at all, cant trade.
Twitter: @TrendersGame
  • #851,235
  • Nov 7, 2013 8:12am Nov 7, 2013 8:12am
Quoting Mr Hatch
{quote} take a look at 3051, I call that a valid cross through 3441.x {image}
Inserted Video
those who can, do. those who cant, talk about those who can
  • #851,236
  • Nov 7, 2013 8:12am Nov 7, 2013 8:12am
Quoting BeginnerJoe
{quote} Don't care long term. Now we short the hell out of it.

don't short after a 200 pip fall. wait for a rebound. easy pips are being made
  • #851,237
  • Nov 7, 2013 8:12am Nov 7, 2013 8:12am
If we get to 1.3370 that will likely be a selling point
  • #851,238
  • Nov 7, 2013 8:13am Nov 7, 2013 8:13am
Now the tricky part will be to find a new entry for another go at new lows
COT: The precious data ignored
  • #851,239
  • Nov 7, 2013 8:13am Nov 7, 2013 8:13am
Quoting Citiboy
anyone else with forex.com getting shafted right now? No live rates at all, cant trade.
I am. but existing orders got filled correctly. I got oanda mt4 live acc to see quotes
  • #851,240
  • Nov 7, 2013 8:13am Nov 7, 2013 8:13am
Right, we are getting into 23.6% retracement zone here of today's swing move, roughly between 1.3346-1.3357 depending on whether you pick your top. Anyway, I'm done for the day, good luck all
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