EURUSD

Nope. But it looks like it won't have any effect on market open, it should open around 7115-20.

Good risk/reward, position sizing and something that gives you probabilities, that's all you need. Plus respecting your own stops.

had a good friday. Took another 2 pips profit and sold at 3607

Really looking forward to monday !

good weekend all !

EURUSD bid 1.3605 offer 1.3609
gatorinla now holds bearish and bullish views at the same time. If you don't find this comical then I dont know.

and what is your plan?

and whats your point. i posted i have bullish and bearish views at the same time. its not big secret you reveal. what did you think 1.4146 meant as a target, but going to 3102 before happens most times. i guess you will have to get a new name again.

Which year values you enter there?Thanks

aussie eu and cable and swissy are still ranging east, waiting for breakout

dont know if anyone actually kept an eye on UC & Kiwi,

posted this 14hrs ago, check out the last 3 x 4hr candles, 100 pips in 12hrs to cap off the week was not too bad, more importantly bodes well for next weeks trading , enjoy the weekend.

Gidday Kiwi

Read your posts

Been doing any fishing

nope is middle of winter and been raining for like forever :-(

on the left in the picture.
edit
its just the high low, when we were there.. its not year

Morgan Stanley says:

"EUR Is a Sell

EUR has rebounded over recent weeks, but we stay
convinced that EUR will trade lower in the medium term. Of
course, with EMU banks awaiting the outcome of the AQR,
these banks are unlikely to add to their portfolio of foreign
asset holdings. Hence, the recycling of the current account
surplus into non-EUR-denominated long-term assets will have
to work via non-bank private portfolios. Indeed, the outlook of
EMU private non-bank accounts shifting funds into non-EURdenominated
assets has improved over recent months.
Peripheral bond yields have come down and with the €400
billion TLTRO standing ready to boost commercial bank
balance sheets, peripheral bond yields are likely to fall further.
However, falling peripheral yields should reduce the
attractiveness of this asset class for non-bank investors.
Investors will likely look for alternatives and, with crosscurrency
yield differentials widening in favor of non-EUR
currencies, EUR should come under selling pressure.
The level of volatility will decide if EUR is falling slowly or at a
brisk pace. Should volatility stay low, carry will remain the
dominant theme, suggesting EUR crosses trading moderately
lower. Nonetheless, as soon as volatility picks up, EURUSD
should trade sharply lower. The reason is two-fold. First,
foreign investors have bought more than €1 trillion of foreign
assets since August 2012. Most of these asset purchases
have remained currency-unhedged (see Channels of EUR
Weakness, June 12, 2014).

Higher asset volatility should see investors either reducing or
currency-hedging their asset positions, resulting in EUR
selling. Second, unless triggered by geopolitics, the rise of
volatility should come from US rates breaking higher (see:
Triggering FX Volatility, May 29, 2014), suggesting EURUSD
yield differentials widening sharply. With liquid peripheral
bond yields no longer offering a yield advantage, foreign
holdings in this asset class should soon start to fall. Exhibit 7
shows the yield differential of the average Spanish and Italian
5-year bond yield compared to the US 5-year Treasury bond
yield. As long as foreign bond investors helped in reducing the
spread, EUR rallied, supported by bond flows. With bond
spreads turning negative, the motivation for these flows will no
longer exist. Instead, foreign investors buying €229 billion in
EUR-denominated bonds since August 2012 now have anincentive
to shift these funds into higher-yielding US bonds.
Meanwhile, aggressive ECB action pushed real rates across
the yield curve sharply lower (see Exhibit 8)."

if this weeks look familiar.. they are here from march 20 and earlier

i looked and cant find it. i will delete it, i thought it was the year one. it may be on another pc..

I think we are getting the bears next week =)

look you don't understand the fact that 10 pips movement in US session does not mean trend is up and people who are shorting are not wrong. there are still lot of risks associated with europe

The same

In Forex trade rational decision is required in placing trade. So whether sane or not so far the result is good. Shorting E/U this time maybe because of the rumor that the dollar is likely to go bearish. However, even if this will happen, there will be a move upward before the eventual crash.

I know that, all I said was that all that bears can target is 1.36...price goes to 3620, all they can target is 36 and even that is going to end soon. For me, its crazy to short something that doesn't even want to close below 1.36, because when price is rejected like this, its only a matter of time, until it spikes up with no return, until all shorters have margin calls. Give it a few more tests of 1.36 and then bears will wake up to 1.37-38 one day and will think of a way to save their accounts. Then when all shorters are dead, smart money will enter short and we may go through 1.35 like knife through butter. These patterns never change.

The more I look at it, the more I'm wrong about the Bull. This could go much lower in the short term. And I'm talking 500 to 600 pips lower.

We will see soon. I'm going to stop looking for Bullish trades and take what the market gives me.

have a good weekend

cheers
Ryder