{quote} Nice! EURJPY is about to shoot up as well I think
Meanwhile closed 3rd GJ short today, and placed another pending short 171.15
- #904,082
- Edited 7:03am Jun 11, 2014 6:43am | Edited 7:03am
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- #904,084
- Jun 11, 2014 6:45am Jun 11, 2014 6:45am
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- #904,085
- Jun 11, 2014 6:50am Jun 11, 2014 6:50am
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Time for comedy: ECB, deposits 9th of June = 33.9 Billion Euros ECB, deposits 10th of June, one day before the negative interest come into effect = 39 Billion Euros.
thx for info
fokyou forexfactory
- #904,086
- Jun 11, 2014 6:51am Jun 11, 2014 6:51am
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- #904,087
- Jun 11, 2014 6:53am Jun 11, 2014 6:53am
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{quote} really? ..interesting...very much so thx for info
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- #904,088
- Jun 11, 2014 6:58am Jun 11, 2014 6:58am
think the short is still ok... we are in a box.... everything will depend on the move up at 13537 it might fail... usd hit 8064 and suggests it could move too 8111.... either buy off 1.3537 or look for failure on lower timeframe after the 1.3537 swing.. think earlier message got a bit emotional as ended up another break even after todays short was taken out at 
It is a difficult decision though as that 80.88 is holding and was the logical place to short USd but I think Euro came down too low to make it back up
It is a difficult decision though as that 80.88 is holding and was the logical place to short USd but I think Euro came down too low to make it back up
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- Jun 11, 2014 7:19am Jun 11, 2014 7:19am
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- Jun 11, 2014 7:20am Jun 11, 2014 7:20am
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- #904,092
- Jun 11, 2014 7:24am Jun 11, 2014 7:24am
waiting wait ing waiting... hoping to see euro plough through 1.3537 too 1.3528... will enter the short again then at 1.3544.. same entry as had earlier and got knocked break even.. staying out of the long as I seen a point on USD index at 62 that I missed earlier and the long for 8111 today is still in tact...
I wouldn't consider short until unless it breaks well below at least 1.3530. I can see it going down to that level and possibly even to 1.3510 but lower it's very difficult to see based on what I see. We are at a major turning point. Bears are exhausted. Might have one last breath left to make it down to 1.3510 but I think the bulls are strengthening up imho
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- #904,093
- Jun 11, 2014 7:53am Jun 11, 2014 7:53am
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Good morning everybody! Anybody thinks this could come back up to 1.3700? This is also near the 38% Fib retracement for the current downtrend. Just wondering..
)
People wont learn to post analysis in forums not "I think its down/up!"
- #904,094
- Jun 11, 2014 8:09am Jun 11, 2014 8:09am
{quote} Im not as experienced as you but the"M" model in weekly says to me its going down at least another 200 - 250 pips . ( I mean pips this time not pipetts
Then have to read what the chart says at that point. Anything is possible in the world of forex so we will just have to wait and see... 
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{quote} This is what I'm seeing in the weekly chart. The uptrend is still on. And looking at that long leg (orange line), I think it extending even lower breaking the trend line like in #2 is lower in probability than it going up at least a bit like in #1. My only aim is to catch about 30-50 pips up from where we are at now
Me, i see the EUR really low on the next year .. :
- #904,098
- Jun 11, 2014 8:29am Jun 11, 2014 8:29am
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- #904,099
- Jun 11, 2014 8:32am Jun 11, 2014 8:32am
{quote} Hi RussJ, I wouldn't consider short until unless it breaks well below at least 1.3530. I can see it going down to that level and possibly even to 1.3510 but lower it's very difficult to see based on what I see. We are at a major turning point. Bears are exhausted. Might have one last breath left to make it down to 1.3510 but I think the bulls are strengthening up imho
Good luck mate ... you will have your chance to short at 1.3530 if it comes back off 1.3504.. if it doesn;t pullback then it will stop at 1.3586 and 1.3531 will be tomorrow's short... I'm hopeful that 1.3504 brings it back to cover 1.3530 and it keeps shorting
I totally understand where we are... USD we are at a pint critical but at 62 it said higher.. based on fractal geometry... euro fell too far..... and is too weak.. if it held at 39 or 86 I wouldn;t have had a problem.. I actually tried 39 twice yesterday only to come out break even as it was weak..... price be targeting 1.3390 now... I will be playing USD and looking for USD to get too 8175 before we have a significant retrace... I then want UASd back at the point I thought 88 might have shorted it too that being 7940/25.. but now think USD reaches 8173 then retraces too 7940/25...
But in short term as todays target USD 8111 expect a small retrace then and then continuation on USD
but everyone to their own plans and best of luck.... I follow my my own plans and wish everyone else well
- #904,100
- Jun 11, 2014 8:37am Jun 11, 2014 8:37am
{quote} Hi RussJ, I wouldn't consider short until unless it breaks well below at least 1.3530. I can see it going down to that level and possibly even to 1.3510 but lower it's very difficult to see based on what I see. We are at a major turning point. Bears are exhausted. Might have one last breath left to make it down to 1.3510 but I think the bulls are strengthening up imho
also it didn't break the rectangle formation... I call it the mess on the chart.... rectangle break suggests 1.3486 so your 135 will be gone without a shadow of doubt once we come out of the rectangle to the downside....
If we don't pullback too 1.3530 off 1.3504 then we should pullback off 1.3486... obviously I'm hoping the former 1.3505 pulls back as per fractal... and to fill the resistance... some people if it misses and goes down to say 1.3486 expect the pullback because a vacuum.... others can read fractals and map the price... and others expect a re test of the rectangle break
If however, we break to the upside then I will short 1.3587 down too 1.3557 then enter long but ive chosen the short currently right or wrong but am watching price action and stoch cycles