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EURUSD

  • #1,011,861
  • Jul 21, 2015 12:49pm Jul 21, 2015 12:49pm
What itches me right now, is what's the cause of the euro moving so fast like that. There are simply no news that could explain that.
  • #1,011,862
  • Jul 21, 2015 12:51pm Jul 21, 2015 12:51pm
Quoting ffleo
{quote} dow stalls. only nasdaq pushes up, and spx lifted a little by nasdaq. when nasdaq is out of steam, then boo.
and nasdaq will drop fastest among the three
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #1,011,863
  • Jul 21, 2015 12:56pm Jul 21, 2015 12:56pm
Quoting ffleo
{quote} that is me.
whatever works for you, my friend. but for me fundies, lines, drawings and indicators have little meaning.
As Above, So Below
  • #1,011,864
  • Jul 21, 2015 12:57pm Jul 21, 2015 12:57pm
Quoting tashkent
{quote} whatever works for you, my friend. but for me fundies, lines, drawings and indicators have little meaning.
fireworks are the best indicator imo
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #1,011,865
  • Jul 21, 2015 1:08pm Jul 21, 2015 1:08pm
Quoting Valilutzik
What itches me right now, is what's the cause of the euro moving so fast like that. There are simply no news that could explain that.
It hase been well justified move. Two major market makers went long.
Quoting Ken A
Because Gator short coverings
Quoting ExForX
MaxDoom went long as well... should have seen it coming.
Also very good reason is because of because.
"I know one thing, that I know nothing." Sokrates
  • #1,011,866
  • Jul 21, 2015 1:11pm Jul 21, 2015 1:11pm
this thing does not move now, stalled at weekly pivot. Considering the momentum today, asia open may push it up further, because there is cavity in the place above.

Attached Image (click to enlarge)
Click to Enlarge Name: euro-2015-07-21 13:08:28.png Size: 40 KB
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #1,011,867
  • Jul 21, 2015 1:14pm Jul 21, 2015 1:14pm
Attached Image


It went long because of this
  • #1,011,868
  • Jul 21, 2015 1:17pm Jul 21, 2015 1:17pm
Attached Image


See red arrow
  • #1,011,869
  • Jul 21, 2015 1:19pm Jul 21, 2015 1:19pm
maybe it had to pump up a bit for next thursday's Unemployment Claims..
  • #1,011,870
  • Jul 21, 2015 1:21pm Jul 21, 2015 1:21pm
I miss Chicky .

Anyway, am off, cya later, T
"I know one thing, that I know nothing." Sokrates
  • #1,011,871
  • Jul 21, 2015 1:25pm Jul 21, 2015 1:25pm
Quoting ffleo
{quote} i think i need to take another nap so that euro can go up a little more.
time for another nap.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #1,011,872
  • Jul 21, 2015 1:34pm Jul 21, 2015 1:34pm
Quoting marskaydir
{image} See red arrow
Could you explain more?
  • #1,011,873
  • Jul 21, 2015 1:43pm Jul 21, 2015 1:43pm
Attached Image
  • #1,011,874
  • Jul 21, 2015 1:45pm Jul 21, 2015 1:45pm
Quoting Tom_D_Trader
{quote} It hase been well justified move. Two major market makers went long.
Which market makers? I am curious to know
  • #1,011,875
  • Jul 21, 2015 1:46pm Jul 21, 2015 1:46pm
Quoting Valilutzik
{quote} Could you explain more?
Simple, it went up cos he put an arrow under it.
As the lights go by so too do the shadows move
  • #1,011,876
  • Jul 21, 2015 1:47pm Jul 21, 2015 1:47pm
Quoting Valilutzik
What itches me right now, is what's the cause of the euro moving so fast like that. There are simply no news that could explain that.
It was purely technical. I've been showing you divergence for 2 days. It got extremely strong yesterday and today. Additionally yesterday D showed block pattern. Trade the chart
  • #1,011,877
  • Jul 21, 2015 1:48pm Jul 21, 2015 1:48pm
Quoting Valilutzik
What itches me right now, is what's the cause of the euro moving so fast like that. There are simply no news that could explain that.
banker makers
Perfecting your entry will increase your profits
  • #1,011,878
  • Jul 21, 2015 1:51pm Jul 21, 2015 1:51pm
Real reason it went up

Yesterday, the eur/usd pair took out the May 27 bottom at 1.0818, but the selling stopped at 1.0808. This triggered a short-covering rally that carried over into today.
The first upside target is a loose price cluster formed by the long-term uptrending angle at 1.0875 and the long-term Fibonacci level at 1.0881. This area should provide resistance on the initial test, but be prepared for a breakout to the upside if 1.0881 is taken out with conviction.
A sustained move over 1.0881 could create enough upside momentum to challenge the next major downtrending angle at 1.0936.

Aha luckily i was not at my desk or i would have been stopped out
  • #1,011,879
  • Jul 21, 2015 1:52pm Jul 21, 2015 1:52pm
last 8 minutes to dump 1H
  • #1,011,880
  • Jul 21, 2015 1:55pm Jul 21, 2015 1:55pm
EUR/USD returned to the resistance at 1.0970, the question is whether it will be able to break above it so it can continue moving to the upside or should we expect it to test the support at 1.0820 again.
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