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EURUSD

  • #888,381
  • Apr 8, 2014 7:03am Apr 8, 2014 7:03am
And this is where we are going....
Attached Image
  • #888,382
  • Apr 8, 2014 7:05am Apr 8, 2014 7:05am
Quoting sami4240
{quote} It looks like USDJPY is going to break the low 102.00 and it will drag EURUSD to 1.3800 as im seeing it.. a green news of job openning may help it to reverse...
break or not,that's JUST THE QUESTION.
A chart helps those who can read it.
  • #888,383
  • Apr 8, 2014 7:15am Apr 8, 2014 7:15am
Still not not shorting this despite it hitting my top TL. An 80pip move up with no pullbacks speaks of bull strength imo. We could be jumping back on board of the mid Feb weekly bull BO. I'm sidelines till I see reaction of (if) 1.3800+ (around monthly TL)
As the lights go by so too do the shadows move
  • #888,384
  • Apr 8, 2014 7:19am Apr 8, 2014 7:19am
Quoting Matts Micro
Still not not shorting this despite it hitting my top TL. An 80pip move up with no pullbacks speaks of bull strength imo. We could be jumping back on board of the mid Feb weekly bull BO. I'm sidelines till I see reaction of (if) 1.3800+ (around monthly TL)
Bull strength or weak bears ....
  • #888,385
  • Apr 8, 2014 7:21am Apr 8, 2014 7:21am
We're in the eye of the mofu.
Founder of Sutherland Wave Principle
  • #888,386
  • Apr 8, 2014 7:24am Apr 8, 2014 7:24am
Quoting suthmo
We're in the eye of the mofu.
well noted was waiting this level + there is a pretty good voume above our heads
  • #888,387
  • Apr 8, 2014 7:29am Apr 8, 2014 7:29am
Short from 3795
  • #888,388
  • Apr 8, 2014 7:30am Apr 8, 2014 7:30am
Quoting Martingale
And this is where we are going.... {image}
Done ;-)
  • #888,389
  • Apr 8, 2014 7:32am Apr 8, 2014 7:32am
Slowly but surely we go higher... if we get above 1.3830 then 1.3930 and then 1.4050 and my target of 1.42..... GBPUSD 1.69/170.00 levels expected also...

Loving the price action so far and will be very confident if and once we get above the 1.3830 level!!!
Cheers!!
  • #888,390
  • Apr 8, 2014 7:40am Apr 8, 2014 7:40am
I think bull finished... Euro not strong enough.. going down again to 1.36s
visit www.OlimpiaFX.com
  • #888,391
  • Apr 8, 2014 7:43am Apr 8, 2014 7:43am
Quoting gatorinla
{quote}still {quote} {image}
over the hump now. i closed longs and didn't get the new entry after. the 40ish pip theme. 3834/35 getting closer
Attached Images
those who can, do. those who cant, talk about those who can
  • #888,392
  • Apr 8, 2014 7:45am Apr 8, 2014 7:45am
Quoting PipsMaster23
Slowly but surely we go higher... if we get above 1.3830 then 1.3930 and then 1.4050 and my target of 1.42..... GBPUSD 1.69/170.00 levels expected also... Loving the price action so far and will be very confident if and once we get above the 1.3830 level!!!
Above 3807 this week means sure shot 3938.
  • #888,393
  • Apr 8, 2014 8:00am Apr 8, 2014 8:00am
Quoting Magicmen
{quote} Above 3807 this week means sure shot 3938.
I've been a spectator all morning...all shorts setup failed...100% of them.
Its very unusual
COT: The precious data ignored
  • #888,394
  • Apr 8, 2014 8:00am Apr 8, 2014 8:00am
Short scalp & profit taking @ R3 3811
Founder of Sutherland Wave Principle
  • #888,395
  • Apr 8, 2014 8:01am Apr 8, 2014 8:01am
Inserted Video
Howlin' at the Moon on the Roof
  • #888,396
  • Apr 8, 2014 8:01am Apr 8, 2014 8:01am
Just look at the pressure coming up to top of this channel so quickly and violently US overlap ! I will be shorting this heavy
BIG DAY today
Attached Image (click to enlarge)
Click to Enlarge Name: Selection_008.png Size: 17 KB
All posts are my personal opinion
  • #888,397
  • Apr 8, 2014 8:04am Apr 8, 2014 8:04am
ECB won't money-print until the Euro is in the 1.4xx. Even then, they probably won't. Someone mentioned a little while back that Draghi may be expecting the exchange rate to sort itself out naturally i.e. the market will significantly weaken the Euro. To me this makes perfect sense as analysis of higher time frames shows that once we get to 1.41 and higher Eur/Usd will reverse and start a bear trend towards the low 1.2xxx. This thinking is why the ECB will hold off printing all they can because money printing can be dangerous. Couple that with an exchange rate that wants to go down in the second half of this year anyway then printing could spark an inflationary problem.
It'll be alright on the night
  • #888,398
  • Apr 8, 2014 8:07am Apr 8, 2014 8:07am
from daily,weekly and monthly. long wick today ? taking shorts.
  • #888,399
  • Apr 8, 2014 8:08am Apr 8, 2014 8:08am
Quoting kuroro001
{quote} I've been a spectator all morning...all shorts setup failed...100% of them. Its very unusual
Indeed!! Yesterday's high was supposed to retrace at least 30 pips. The set up had so far 90% accuracy but this time it did not retraced at all. Got burned on that one so now I'm in the sidelines waiting until the buying gives some sign of weakness.
So, you think you have rights? LOL
  • #888,400
  • Apr 8, 2014 8:09am Apr 8, 2014 8:09am
Stay away from short
Last week price failed to break 3670 even after QE rumor. I will try to buy after consolidation, of course after FOMC.
You cannot learn better without losing
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