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  • #967,501
  • Mar 11, 2015 5:22am Mar 11, 2015 5:22am
Quoting Ck87
Sort of have to lose a bit of respect for myself longing the euro down here, it's the most pathetic worthless currency there is, but I can sense the hopelessness and defeat kicking into people, and many starting to go short all the way down here, usually means we're CLOSE to a bottom, but most likely not there yet.
and just because it maybe close to a bottom, what makes you think that we will bounce from the bottom? the bottom could become the norm and stay there for years....
gosh something a lot of traders here dont realise... you think its bottom, but market norm can slowly readjust the equilibrium and right now equilibrium is beign dragged down on the EURO Euro fundamentals may keep EURO down for a very very long time.... or possibly see EURO dissolved in a few years time....
if shit is going to hit the fan, Euro falling to parity is only the beginning in terms of the euro fundamentals.... it could get REAL SHITTY REAL FAST.....
We live in a finite world with infinite possibilities.
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  • #967,502
  • Mar 11, 2015 5:24am Mar 11, 2015 5:24am
Quoting fxtyrant
{quote} and just because it maybe close to a bottom, what makes you think that we will bounce from the bottom? the bottom could become the norm and stay there for years.... gosh something a lot of traders here dont realise... you think its bottom, but market norm can slowly readjust the equilibrium and right now equilibrium is beign dragged down on the EURO Euro fundamentals may keep EURO down for a very very long time.... or possibly see EURO dissolved in a few years time.... if shit is going to hit the fan, Euro falling to parity is only the beginning...
When I say bottom, I mean very short term/intraday/few days.... There's no shot euro is bottoming anywhere near here. I've been bearish on the euro since it was 1.35-1.4 and if I wasn't such an over leveraging dip shit buffoon back then, I would be sitting on hundred of thousands in profit from it. Euro will 100% hit parity and likely go way lower in coming years.
  • #967,503
  • Mar 11, 2015 5:26am Mar 11, 2015 5:26am
Quoting Ck87
Sort of have to lose a bit of respect for myself longing the euro down here, it's the most pathetic worthless currency there is, but I can sense the hopelessness and defeat kicking into people, and many starting to go short all the way down here, usually means we're CLOSE to a bottom, but most likely not there yet.
no long / no short for this pair. Ideally. nothing to do with.
Bottom is not foreseen. 1.0550 ? 1.0500 ? 1.0400? or parity tmorrow ?
Intraday only.
  • #967,504
  • Mar 11, 2015 5:26am Mar 11, 2015 5:26am
I just woke up. What a beautifull morning. Hail! Dont fight it, cant stop it. Kneel or get shot.
Quoting Tom_D_Trader
4 USD: https://www.youtube.com/watch?v=DelhLppPSxY
Now this must be the worst tradeplan of all eternity:
Quoting Tom_D_Trader
Is such a brutal alloverplace break of decade levels I dont know where to look first. UJ 8 year high, EU 12 year low, UCAD, AU, GU - only 2 year low pfff . But seems USD king is gonna rock the place. Hmm, lovely bucks.
Quoting Tom_D_Trader
Think no matter chart, it just kicks in USD stops and pulls the rest.
Quoting Tom_D_Trader
Aussie pulls UJ, UJ pulls Aussie, Aussie pulls EU, EU pulls ... now UJ turn again. Breaking 121,422, will pull EU, lol. UJ R 121,56 121,84 {quote}
"I know one thing, that I know nothing." Sokrates
  • #967,505
  • Mar 11, 2015 5:28am Mar 11, 2015 5:28am
Quoting navk
{quote} no long / no short for this pair. Ideally. nothing to do with. Bottom is not foreseen. 1.0550 ? 1.0500 ? 1.0400? or parity tmorrow ?
Ideal is to play it long term and just stay short till it goes way below 1.0. No reason to even look at a chart unless you're more of a short term trader, which i am, but I'm also a long term investor/trader as well. Any rally to 1.1+ would be an unbelievable opportunity to short with the parity target, I knew 1.15 was going to be the gift that it turned out to be, but damn these things always happen a lot faster than expected.
  • #967,506
  • Mar 11, 2015 5:29am Mar 11, 2015 5:29am
Quoting MaxDoom
below 1.0700 opens up 1.0550/70 {image}
morning peeps

the 1.0700 rejection today was nice and tidy, the move so far has taken it down to the top of the initial target zone...
Attached Image (click to enlarge)
Click to Enlarge Name: 2015 EU Mar 11a.PNG Size: 34 KB
  • #967,507
  • Mar 11, 2015 5:29am Mar 11, 2015 5:29am
$$$ finally euro is getting to the afordable levels ,
  • #967,508
  • Mar 11, 2015 5:29am Mar 11, 2015 5:29am
Quoting Ck87
{quote} Ideal is to play it long term and just stay short till it goes way below 1.0. No reason to even look at a chart unless you're more of a short term trader, which i am, but I'm also a long term investor/trader as well. Any rally to 1.1+ would be an unbelievable opportunity to short with the parity target, I knew 1.15 was going to be the gift that it turned out to be, but damn these things always happen a lot faster than expected.
Agreed. Short term Sharp correction is not ruled out. But the fuel has to come from US, not from Europe.
Intraday only.
  • #967,509
  • Mar 11, 2015 5:34am Mar 11, 2015 5:34am
sisse bro sorry u did not ride the botch down but i think we still have levels (some legs)

it looks like dragishtt wont to see eur= usd 1 for1

dxiy still horny equties same shitt

still looking for 10300

and what do u think the best level to start building longs
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4nn.png Size: 50 KB
  • #967,510
  • Mar 11, 2015 5:35am Mar 11, 2015 5:35am
Quoting MaxDoom
{quote} morning peeps the 1.0700 rejection today was nice and tidy, the move so far has taken it down to the top of the initial target zone... {image}
Morning mate

Lol Aussie and UJ. . Watch UJ breaking 8 years high. Right here, right now. Am very loaded, but tempted to buy anyway. Just for the fun of it
"I know one thing, that I know nothing." Sokrates
  • #967,511
  • Mar 11, 2015 5:36am Mar 11, 2015 5:36am
Quoting Tom_D_Trader
{quote} Morning mate
allo

what's your plan now we reached our first target?
  • #967,512
  • Mar 11, 2015 5:37am Mar 11, 2015 5:37am
It's fascinating to watch this pair, as it's in a territory that it has never reached for so many years.

I think it's pointless to call for levels atm, this baby is in searching for it's own salvation and will only stop when the majority is fucked hard enough and cannot scream anymore!
  • #967,513
  • Mar 11, 2015 5:39am Mar 11, 2015 5:39am
Quote
This looks atrocious...
​
Quote
This kind of drop is much worse than Lehman drop...
Quote
it's the most pathetic worthless currency there is, but I can sense the hopelessness and defeat kicking into people...
Quote
its a piece of shit.... would you buy a piece of shit?
...

Gosh this thread is getting emotional instead of technical or fundamental.

A point of order and my 2 cents to some of the posters in the thread: Relax !!! getting too emotional attach to a chart/trade will only end up in tears for your account.

Euro is just in a natural leg down so far on QE and rates differentials. We'll struggle to get to parity (its still lock for now) until the FED gives the go ahead on rates. Its not atrocious, Lehman, worthless its just trading at the levels we traded a few years ago before rates started to diverge (to the upside for the euro)....

For the intraday traders, we are trading air at these levels (nobody is holding/protecting longs) so there is no point in using anything in micro TFs. Dwelling on a missed train or trying to outsmart the market catching a falling knife will only add to the frustration ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #967,514
  • Edited 7:59pm Mar 11, 2015 5:41am | Edited 7:59pm
Notice: FFF user rbumbalough did not criticize anything or anyone in post 967530.

prior comment and attached chart deleted

  • #967,515
  • Mar 11, 2015 5:42am Mar 11, 2015 5:42am
bottomless pit!!!
  • #967,516
  • Mar 11, 2015 5:42am Mar 11, 2015 5:42am
Quoting sisse
{quote} ​{quote} {quote} {quote}... Gosh this thread is getting emotional instead of technical or fundamental. A point of order and my 2 cents to some of the posters in the thread: Relax !!! getting too emotional attach to a chart/trade will only end up in tears for your account. Euro is just a natural leg down so far on QE and rates differentials. We'll struggle to get to parity (its still lock for now) until the FED gives the go ahead on rates. Its not atrocious, Lehman, worthless its just trading at the levels we traded a few years ago...
good words
  • #967,517
  • Mar 11, 2015 5:42am Mar 11, 2015 5:42am
Quoting fxtyrant
{quote} its a piece of shit.... would you buy a piece of shit? if you would, i can give you plenty....
Looks like 1.05 def possible today,, yes it is a piece of shit.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2015-03-11 at 4.23.11 AM.png Size: 476 KB
  • #967,518
  • Mar 11, 2015 5:42am Mar 11, 2015 5:42am
Nice drop. The great line broken. WE have really reached the end of the long race since last year. How far will it go before the sudden recover what you took?
  • #967,519
  • Mar 11, 2015 5:43am Mar 11, 2015 5:43am
Quoting MaxDoom
{quote} allo what's your plan now we reached our first target?
I have very silly plan. We have a break of decade all over the place. Think noone can stop USD now. I dont care which chart pulls, it just kicks in USD stops and takes the rest. EU 12 year low broken, Will pull Aussie to new 2y lows soon, will pull UJ to new 8 years high soon. Kicks in stops, and so on and on. USD going hyperbolic. I just hail to the king .
Attached Image
"I know one thing, that I know nothing." Sokrates
  • #967,520
  • Mar 11, 2015 5:45am Mar 11, 2015 5:45am
Quoting kill56
sisse bro sorry u did not ride the botch down but i think we still have levels (some legs) it looks like dragishtt wont to see eur= usd 1 for1 dxiy still horny equties same shitt still looking for 10300 and what do u think the best level to start building longs {image}
what level to start building longs on EURO?? i would give it a risk at 0.88
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
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