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  • #931,501
  • Oct 24, 2014 7:52am Oct 24, 2014 7:52am
Longs watch out 2688
  • #931,502
  • Oct 24, 2014 7:52am Oct 24, 2014 7:52am
Quoting kbmoonshinex
eu bullish . only longs
Is it cause by this :
ECB draft document shows 25 banks set to fail health check

then euro is bullish ?
  • #931,503
  • Oct 24, 2014 7:53am Oct 24, 2014 7:53am
Quoting kbmoonshinex
eu bullish . only longs
its 25 banks according to the draft and not 17 as it was believed so far.... so much more possibility some of them to be "big banks"

so i believe its pure bear from now on.... its all on the new homes to "test it"now...

its the fight that the bears "didnt expected"...i guess new sorts placed higher end...
  • #931,504
  • Oct 24, 2014 7:53am Oct 24, 2014 7:53am
Quoting kewell
{quote} Is it cause by this : ECB draft document shows 25 banks set to fail health check then euro is bullish ?
You see how much fundamentals count?
  • #931,505
  • Oct 24, 2014 7:55am Oct 24, 2014 7:55am
I believe its something to do with ebola, maybe this http://www.reuters.com/article/2014/...0SJ0PR20141024
  • #931,506
  • Oct 24, 2014 7:55am Oct 24, 2014 7:55am
Quoting CandleStar
{quote} You see how much fundamentals count?
i am not really understand why it is bullish even though i am on the bull side.
Could you light me up about the fundamentals happening now ?
  • #931,507
  • Oct 24, 2014 7:55am Oct 24, 2014 7:55am
I am filled with longs, I wish it will be a good day for me and for all other longs, by the way I am till yesterday long awaiting the 1.2730-40 area
" Accepting losses is the most important single investment devise "
  • #931,508
  • Oct 24, 2014 7:56am Oct 24, 2014 7:56am
Quoting kewell
{quote} Is it cause by this : ECB draft document shows 25 banks set to fail health check then euro is bullish ?
its cos U-Turn pattern on uptrend
looking for investors . pm me
  • #931,509
  • Oct 24, 2014 7:57am Oct 24, 2014 7:57am
105 banks passed the test... maybe better than expected lol
  • #931,510
  • Oct 24, 2014 7:58am Oct 24, 2014 7:58am
Quoting Kgp
{quote} its 25 banks according to the draft and not 17 as it was believed so far.... so much more possibility some of them to be "big banks" so i believe its pure bear from now on.... its all on the new homes to "test it"now... its the fight that the bears "didnt expected"...i guess new sorts placed higher end...
You'll have to explain that.
25 banks failed - which should, in theory, weaken the Euro not strengthen the bugger and it's now even fighting to go through the R1 resistance at 2675 . . . wtf as they say
  • #931,511
  • Oct 24, 2014 7:58am Oct 24, 2014 7:58am
Quoting CandleStar
{quote} You see how much fundamentals count?
maybe u right but i think chart suggest end of cycle by touch 2677maybe 2693 and then to his target down
not so sure and today Friday so till now sideline and watch but my mind try to figure best entry depends on my condition not market conditions
  • #931,512
  • Oct 24, 2014 7:58am Oct 24, 2014 7:58am
Quoting kbmoonshinex
{quote} its cos U-Turn pattern on uptrend
Oh yea, cause the SL hunting was hunt for bull and higher possibility it will turns to be bull day right ?
  • #931,513
  • Oct 24, 2014 7:59am Oct 24, 2014 7:59am
i guess the guys here complaining of being flat....they are now building sorts
  • #931,514
  • Oct 24, 2014 8:00am Oct 24, 2014 8:00am
Quoting nonlinear
105 banks passed the test... maybe better than expected lol
Yep, that's another way of looking at it.
Maybe the expectation was that a lot more banks would have failed and, as it's only 25, that's good news . . .
  • #931,515
  • Edited 8:17am Oct 24, 2014 8:01am | Edited 8:17am
Quoting chazzle
stopped again - now long from here for 706 - about 40 pips
will add on break/rt of yesterday high

EU H1
Attached Image (click to enlarge)
Click to Enlarge Name: euh1.PNG Size: 24 KB
  • #931,516
  • Oct 24, 2014 8:02am Oct 24, 2014 8:02am
Quoting Devonsent
{quote} Yep, that's another way of looking at it. Maybe the expectation was that a lot more banks would have failed and, as it's only 25, that's good news . . .
25 banks are a lot... We are talking about billions of euros....

I think that is negative and the downtrend on euro should resume in the next few days.
Buy at the Low, Sell at the High You make money by waiting not by trading.
  • #931,517
  • Oct 24, 2014 8:03am Oct 24, 2014 8:03am
Quoting kewell
{quote} Oh yea, cause the SL hunting was hunt for bull and higher possibility it will turns to be bull day right ?
yes. 2700 and more up
looking for investors . pm me
  • #931,518
  • Oct 24, 2014 8:06am Oct 24, 2014 8:06am
Quoting kbmoonshinex
{quote} yes. 2700 and more up
Alright, thanks, i shall hold the long for few days.. or weeks perhaps..
  • #931,519
  • Oct 24, 2014 8:06am Oct 24, 2014 8:06am
Quoting Lacunoide
{quote} 25 banks are a lot... We are talking about billions of euros.... I think that is negative and the downtrend on euro should resume in the next few days.

if no other news by then...sunday is going to be a busy night... until the morning ...especially with fitch's update on ratings
  • #931,520
  • Oct 24, 2014 8:09am Oct 24, 2014 8:09am
Waiting for a spike up hard before shoots down again, still a ton of room for an upside move, but I am not taking longs until it moves to 25
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