EURUSD

i think , we gonna see 3480-3515 before or during speak draghi
it's sooooooooooo good to short from there

i studied the rise to 1.6038 (2008) then the drop for thousands of hours. i cut it up a thousand ways. i made as many charts, and more calculations. the common truth is 1=1=2 and that sequence. .5+.5=1. in that sequence. opposite is always a negative, or a mirror image. between any 2 points is a center and weighted center pp...

Over sold, bounce is sure to come...

Guys, is this move from 1.3294 to 1.3324 just a retrace?
or there is another news and sentiment shifted?

Are you talking bout Mofus? I kinda see those are mids, but often mids of something I never find. Would love to study it, but first I need to delete that stupid drawdown I have.
Anyway, Yen deleted almost whole move, luckily I booked few @ 99,3. And now going to have a break, so cya later.
T

I'd say it was pushed up to trigger all SL's for bears at 3410 level

looking for a gu short setup atm.. a scalp i can hold Lt

S&P ES Weekly: Usually when price has closed above the weekly Bollinger band and the Yellow Keltner band, we get a pretty decent pullback.
Would think so here too especially at the toprange of a 5year TL.

Shorted both ES and UJ today. Hope to ride it for a while.

Mhm, kind of strong rejection at that 98,8. Wonder if we get Guppy?

1.3415 interesting level to watch

not only 5 years, it is a ~ 15 years trendline. but I wont be surprised those crooks (Fed plus bankers) want to make history by pushing it higher and higher, only for it to crash harder later at the expense of ordinary middle class' retirement funds. In the 2008/2009 crash, my retirement account shrank more than 50%, at that time it was managed by Fidelity.

EURO bull now, what is going on.

What a disaster.

Still have some trader seems. I would share some information for those who still on a pinch, a bit off subject but maybe could be useful. I am currently taking a break on fx to settle something until new year.

This came from economist circle, young economist to be precise, from several securities company at my country. I decide to abandon my previous choice as equity analyst to economist, albeit lower salary range in return for satisfaction.

From last month we came to the same conclusion that market will fail on q2 next year, this result were reported internally only. The move by ECB earlier were out of our prediction, as reaction came early - this could be preventation measure to counter what we got with our models. There is two scenario here:
1. It's as I explained that it was to prevent or ease what would come.
2. It's as most of you think.
I suspect it was the first one, while most of my circle still holding to their prediction (case 2). The outcome should wait as it was midnight here, it should be included in the models and our take is still based on "i think" aka speculation.

If you trade by opening volume window, here is my take:
1. The first 200ish move is genuine.
2. The next down move and the overall movement and density is too high. So it looks like it was a long shake, to shake weak demand after the first move.
3. The move north afterward is not only to close position. If youlook only at shorter volume average it seems that it was only a retrace. But switching to longer volume average, I think there is accumulation there.

Your trade is yours, but I hope this alternative view could betterarms you against the big boys

if Draghi also lowered the ECB rate for a better positioning of the EUR (lower price) Then he needs really dovish in 20min...or?! The effect in the EUR is almost gone!!

The reaction is consistent with PA infront of M/T TLs.. over the near term, it may just be ranging here between the descending TL & the weekly Guppy clusters prior to a good size break.. anyways, this rejection plus all those eager SOB (Sell On Blips) stacking the 1.3450 line is causing havoc with my EJ longs..

That retracement has surely gone too far now, definite SHORT at 13430

Well it's a rollercoster today

who's at the controls?

UJ at daily tl watching pa for pull back.

3450 to be watched. there is a strong sell of USD against yen. wonder who doing it.