EURUSD

still holding out for 1086 or more myself. it will probably need 0885+
closed before atempt.

edit that 0888 post to 0886+

Hey,

Nice technicals, but what is your take on this:

OPEC(40% of the worlds oil production) getting rid of their production ceiling on friday=free market for oil=saudi's can pump pump pump until their competitors can't compete i.e. canada.
which means oil prices should drop(didn't the brent and WTI get crushed the other day?)
USD/CAD has a negative correlation with oil so it should continue up with the margin squeezing by the saudi's and the anticipation of the US rate hike.

buried face down in a hog pen = no virgins.

At the point 1.0959 hit couple of time but unable to break that. Getting strong resistance their.
At the point 1.0855 hit couple of time but unable to break that. Getting strong support their. Even at this point a false break out also happen.

Until break one of those point we unable to get idea where market will go end of this week.

Everyone have the same confusion? where it goes.

Unless something else strange happens, looking at very good chance of moving to 1.08080 at a minimum and possibly moving to 1.07060. Nothing ever guaranteed, but very likely.

Just For Laughs Gags - Best Off

Just awesome...

I have said the same message all over- At 1,39 I said the euro was too strong It must come down due to fudamental reasons.
All along I have said that the euro is too strong due to all the problems in the eurosone. At 1,06 I started to change the mind looking for the bottoming of the euro.
I february people on this thread taked abouth a rate hike in the US in march, in june in september in october etc. I have said all along it will be no rate hike. The fudamentals in the US are not good enough and the USD is getting too strong for competive reasons. I belive in what I have said all along that it will not be rate hike this year.

It will always have to be a balance between the currencies. One can not be too strong and the other can not be too weak. The fudamentals will always win in the end.
In my opiniom the figures from the US are manipulated. They have a different way of measuring the figures than in Europe which makes it look better.The percentage of working americans is quite stable which is a different way of looking at the figures.
The euro had to come down due to all the problems in the eurosone, unemployment deflaltion etc. BUT is it not the same as saying it is the right level for the euro at 1,06. The eurosone is improving now and that was the reason why the rate was not reducted. As I have said before I think we will se the euro/USD at 1,2 in a year which is a more correct level for the euro/USD.
This is my personal opinium after beeing many years in the realestate market and in the currency market. We already can see som sign the the GPB is getting too strong too and investors and now investing in the south of Europe due to the exchange rate.

It is a strong connection between the housing market and the labour market. If you have read what I have been written I have had a good feeling of the market. I am thinking of the longer waves. Not day to day.

The Fed is saying it will be a rate hike in desember I am saying no I have said no the whole last year.. I may be mistaken.I also think that even if there was a rate hike in the US we are bottoming of the euro. I had many discussions with sisse in march who already expected a rate hike in may due to the fudamentals in the US. I said no due to the same fudamentals and so far we have not seen any rate hike.I think I have an advantage with my experience in the real estate market and knows a lot of the importance of the currencies for the money flow into the housing markets which again shows economics fudamentals.
From an article this morning;
"As we approach the end of 2015, researchers at both JP Morgan and Citigroup agree that the probability that the U.S. economy will soon plunge into recession is rising. Just last week, a member of the U.S. House of Representatives asked Janet Yellen about Citigroup’s assessment that there is a 65 percent chance that the United States will experience an economic recession in 2016. You can read her answer below. And just a few days ago, JP Morgan economists Michael Feroli, Daniel Silver, Jesse Edgerton, and Robert Mellman released a report in which they declared that “the probability of recession within three years” has risen to “an eye-catching 76%”…"


Everyone is responsible for their own trading and stoplosses is needed.Those who are subscribed to me I think they have a mind of their own at the same time they read what other think. I write what I belive in. At least I am clear with what I mean due to many others fog talk on this threadWE see persons on this thread with hundreads of subcribers that make huge and serious mistakes abouth the money flow.....
I also say 1,06 +- abouth is the bottom of the euro and that we never will see rates like this again due to the balance between the currencies. The more correct level for the euro/USD is 1,2 although one in short term nede a lower euro to to money flow in other markets.

Super Monday.
Market behaving like: "Hey don't disturb me, Live me alone. I want to move less than 8 pips per hour only"

iTrader
Then why are you here? If you have this sediment........ I don't understand I personally have got good advice on this thread....I know no one will make me rich but myself, however I have picked up some nuggets along the way.

The next real and serious question is what is a better alternative? I would like to know

Thx

Hopefully, almost end of fiscal year for most, so in January I expect another nice donation in Euro's from the Netherlands

Look EurDkk.
I`m watching eurdkk and eursek.

I don't

LOL, this has to be the best post on this boring monday.

Something's not right. Your profile says you're 3 hours ahead of me, which places you in Eastern US or Canada, yet your profile also says you're trading from Singapore. Who are you trying to fool?

FF has a broken clock?

Its such a boring monday, i'm trying very hard to fool the whole world.

In 6 hours and 43 minutes something serious is going to happen!
Take my word for it!

Pending LONG triggered
S/O