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EURUSD

  • #1,071,101
  • Jun 29, 2016 4:14am Jun 29, 2016 4:14am
IMHO, the EURUSD is up for another downturn as it continue failing to clear the 200-day SMA.
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  • #1,071,102
  • Jun 29, 2016 5:46am Jun 29, 2016 5:46am
Quoting Fx_Anil
IMHO, the EURUSD is up for another downturn as it continue failing to clear the 200-day SMA. {image}
Don't you think it will retrace a bit before down.

Whats your target for downside?
  • #1,071,103
  • Jun 29, 2016 6:26am Jun 29, 2016 6:26am
brexit in cartoons

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When life gives you lemons, make lemonade
  • #1,071,104
  • Jun 29, 2016 6:46am Jun 29, 2016 6:46am
SP500 made a pull back, and retraced almost 50%.

Now it should go down otherwise, we can say brexit is bull_it.

Price retraced 50 % whitout any pull back

Back to 2025 ??
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  • #1,071,105
  • Jun 29, 2016 7:18am Jun 29, 2016 7:18am
If we go below 1050 today, again, it won't go back up, but further down until 0960, I think, tomorrow or friday. Just saying I wouldn't buy another drop towards 1040+-.
Everyone can see the chart, but only a few can actually read it.
  • #1,071,106
  • Jun 29, 2016 7:33am Jun 29, 2016 7:33am
Quoting machine25
SP500 made a pull back, and retraced almost 50%. Now it should go down otherwise, we can say brexit is bull_it. Price retraced 50 % whitout any pull back Back to 2025 ?? {image}
No Brexit not bullsht - look for more QE and associated asset price inflation
  • #1,071,107
  • Jun 29, 2016 7:47am Jun 29, 2016 7:47am
Most pairs retraceing their "Brexit's" Most will regain 60 to 80%
Without having an understanding of down, you can never appreciate up.
  • #1,071,108
  • Jun 29, 2016 8:04am Jun 29, 2016 8:04am
Pound will recover, Euro will not. UK isn't going anywhere while European Union might.
  • #1,071,109
  • Jun 29, 2016 8:05am Jun 29, 2016 8:05am
Quoting 3Davy
{quote} Don't you think it will retrace a bit before down. Whats your target for downside?
1.0995 trend-line support is my near-term TP while i do expect the pair to revisit 1.0800 area.
  • #1,071,110
  • Jun 29, 2016 8:24am Jun 29, 2016 8:24am
lazy bastards i am done for today .. they will break R1 today later ... or tommorow ...or go fully down.
"I'm not answering stupid questions."
  • #1,071,111
  • Jun 29, 2016 8:30am Jun 29, 2016 8:30am
I rlly wanted that break ... but they reversed once more ... atleast
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"I'm not answering stupid questions."
  • #1,071,112
  • Jun 29, 2016 8:33am Jun 29, 2016 8:33am
EUR/USD is trading higher today making a high of 1.1117. Although we saw positive US data, the Dollar bulls could not impact price behavior and the pair is now trading higher than pre-news time. First resistance is met at 1.1110 while first support remains the level of 1.1050.
  • #1,071,113
  • Jun 29, 2016 8:36am Jun 29, 2016 8:36am
Quoting Fx_Anil
{quote} 1.0995 trend-line support is my near-term TP while i do expect the pair to revisit 1.0800 area.
I say we will test the 1.1190-1.1200 area I am short there
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #1,071,114
  • Jun 29, 2016 9:14am Jun 29, 2016 9:14am
Quoting baherhosni
{quote} I say we will test the 1.1190-1.1200 area I am short there
Actually we will need to test 1.1150 1st
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #1,071,115
  • Jun 29, 2016 10:02am Jun 29, 2016 10:02am
Wave 3 down starting in few bars. Dexit (Germany) Pound have hundreds of points to catch up to euro for the reversal.
Founder of Sutherland Wave Principle
  • #1,071,116
  • Jun 29, 2016 10:16am Jun 29, 2016 10:16am
Quoting suthmo
Wave 3 down starting in few bars. Dexit (Germany) Pound have hundreds of points to catch up to euro for the reversal.

what timeframe?
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #1,071,117
  • Jun 29, 2016 10:20am Jun 29, 2016 10:20am
Quoting baherhosni
{quote} what timeframe?
Now, final wave up is here.
Founder of Sutherland Wave Principle
  • #1,071,118
  • Jun 29, 2016 10:21am Jun 29, 2016 10:21am
Oh.. Seems GU may be closing that gap after all.. Someone here was waiting for that!! Green pips...
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #1,071,119
  • Jun 29, 2016 10:30am Jun 29, 2016 10:30am
Quoting suthmo
{quote}Now, final wave up is here.

may be for today! But I still think we may still test 1150 or 1160 up to 1200. that is where I intent to short honestly..
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #1,071,120
  • Jun 29, 2016 10:31am Jun 29, 2016 10:31am
Quoting baherhosni
Oh.. Seems GU may be closing that gap after all.. Someone here was waiting for that!! Green pips...
Count me in.
Do your homework, follow the footprints of smart money
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