EURUSD

1.369X , 1.378X & 1.388Xis a potential reversal point , it could see the second top in the bigger scheme of things ... though i highly doubt it, but you never now!

The arguments are quite simple:

1- 1.369X doesn't correspond to the time allowed for this move ... aka it too early!
2- Technically speaking, Euro appreciation has taken a new level today - its holding at the highs with a daily candle !
3- Budget talks are back ... i wouldn't give it much thought, but the reaction on Gold& sliver is firmly serious! ( Gold printed 3% and sliver 4% in one trading session because of a news title)
4- Feds are too smart to go into a Christmas talking about tapering. November NFP number could be deceiving - season employment.

So, the trade is quite simple: On 20th to 25 of December, if price is near one of this number - that's where i will be looking for the second bear leg on a daily tf.

For the bulls, with current levels in mind, that would imply a rise to the 1.3750 area. Sounds entirely reasonable to me.

your kids may inherit this open position after long time .

Still can't find a reason for this to crash

Gidday Ken

Hard case EUR/YEN

I was banking on another surge to 140 would be great

would not take much as EUR/US is getting up there

knowing my it will drop a turd before I get rid off some longs

fcker closed me down, as always breakeven trades are no good, reenterde again 36714

Short EJ @ 139.210

Weekly. Riding this tl for a long time now. Wonder if we go above it?

3675, high of the week? month? i think "smart" bears gave up by now

OUT -3

back to 3410 would be awesome.. dreamin

Does seem to be a resisted area...(weekly charts)

Figured it'd be as much, just didn't think we'd take as long to get here.

But definitely the target zone as posted HERE and HERE (November 5th).


Officially, El Hidden Gappo has been filled. Right before NFP? Yeah, this wasn't planned...

Will get in at a better price

Try E/A good pips machine

Thanks

I am not GT

Kind of the No Trade Zone for EJ...

Ken, You think EA still heading up?

Yes, as A/U downside is not done.

Disclaimer:

Personal opinion not to be mistaken as thread oracle