6 bounces off 1.36 in the last 6 hours. I'm a bit nervous for my shorts because if it actually breaks 1.36 could see a bit of a break out.
- #908,947
- Jul 7, 2014 10:03am Jul 7, 2014 10:03am
- Joined Jun 2013 | Status: Trader by hobby not by profession | 7,087 Posts
- #908,950
- Edited 10:47am Jul 7, 2014 10:27am | Edited 10:47am
- | Joined May 2013 | Status: Trader | 1,210 Posts
- #908,954
- Jul 7, 2014 10:40am Jul 7, 2014 10:40am
Hehe saver you just beat me few seconds on post, wanted to post same level for short: http://prntscr.com/40abyv
Focus, Patience, Determination & Order in chaos
- #908,955
- Jul 7, 2014 10:48am Jul 7, 2014 10:48am
- Joined Mar 2010 | Status: aka QueenB | 4,808 Posts
{quote} I was looking for 102.00 to get some off, seems the ship has sailed perhaps, now I might try some longs near 101.64...
took it because of you talkin about shorting it
- #908,957
- Jul 7, 2014 11:14am Jul 7, 2014 11:14am
hey guys
looking at one week implied volatility, a move outside of 1.3550 and 1.3650 is now considered a >1SD move! thats crazy!
Markets are so dead that a 100 pip range is considered a lot... sad times.
Also, I'm no tech expert, but weekly chart looks hella bearish to me (also our tech desk at my shop seems pretty bearish and their track record is one of the better ones ) add that with rising US rates and lower EUR rates it does seem like quite a bad mix for EUR longs. But so long as there are strong inflows, and low volatility it can't drop!
chart is EUR vs interest rate difference. crazy move last few weeks that hasn't been seen in the FX markets. something to keep an eye on me thinks.
anyway, jsut introducing myself, I got a thread here (http://www.forexfactory.com/showthread.php?t=493230) mostly on macro etc, but would love for some people to check it out and say hi and chat.
Good luck
looking at one week implied volatility, a move outside of 1.3550 and 1.3650 is now considered a >1SD move! thats crazy!
Markets are so dead that a 100 pip range is considered a lot... sad times.
Also, I'm no tech expert, but weekly chart looks hella bearish to me (also our tech desk at my shop seems pretty bearish and their track record is one of the better ones
) add that with rising US rates and lower EUR rates it does seem like quite a bad mix for EUR longs. But so long as there are strong inflows, and low volatility it can't drop!chart is EUR vs interest rate difference. crazy move last few weeks that hasn't been seen in the FX markets. something to keep an eye on me thinks.
anyway, jsut introducing myself, I got a thread here (http://www.forexfactory.com/showthread.php?t=493230) mostly on macro etc, but would love for some people to check it out and say hi and chat.
Good luck
- #908,958
- Jul 7, 2014 11:47am Jul 7, 2014 11:47am
This is how I'm expecting this to play out based on the way it looks now. Green pips!{image}
Focus, Patience, Determination & Order in chaos
- #908,959
- Jul 7, 2014 11:56am Jul 7, 2014 11:56am
- Joined Oct 2013 | Status: Trader | 1,929 Posts
I just cannot believe two nights ago i was still stargazing in the wild (Yosemite National Park).
Look at me now and backed to my station.
BTW, That's Vernal Fall.
Hope everyone had a great weekend.
Looks like EU is having a bull run and break above 1.3600 huh?
Look at me now and backed to my station.
BTW, That's Vernal Fall.
Hope everyone had a great weekend.
Looks like EU is having a bull run and break above 1.3600 huh?
If u luv happiness, start w/ discomfort, make friends w/ pain and failure.
100 Hits 0 Miss All Time Return:
35.8%
- #908,960
- Jul 7, 2014 11:59am Jul 7, 2014 11:59am
- Joined Oct 2013 | Status: Trader | 1,929 Posts
{quote} Here is another reason why I am long on EU on the next leg down. The correlated pairs are also showing that the bulls got the upper hand for the next day or two. {image}
If u luv happiness, start w/ discomfort, make friends w/ pain and failure.
100 Hits 0 Miss All Time Return:
35.8%