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EURUSD

  • #1,083,501
  • Dec 11, 2016 3:03pm Dec 11, 2016 3:03pm
Quoting Lilly88
{quote} There is a small gap, so good for you.

yep... 1.0532
  • #1,083,502
  • Dec 11, 2016 3:25pm Dec 11, 2016 3:25pm
bounce should be at 1.03xx !?
  • #1,083,503
  • Dec 11, 2016 4:41pm Dec 11, 2016 4:41pm
The EURUSD looks like it is on an extended downtrend with very crucial meeting of US Fed officials soonest.
  • #1,083,504
  • Dec 11, 2016 5:45pm Dec 11, 2016 5:45pm
I would suggest NOT jumping in short here, but play the retracement....use your entry orders and let the price/market come to YOU...don't chase it.
I may not be right...BUT, I am never wrong
  • #1,083,505
  • Dec 11, 2016 5:54pm Dec 11, 2016 5:54pm
Quoting Spartanholds
I would suggest NOT jumping in short here, but play the retracement....use your entry orders and let the price/market come to YOU...don't chase it.
So short where?? 
 
I would trade little tiny bit. 
Buy if it drops...Sell if goes 0650+
 
Stay safe
Beware of robber banks (RB), bad advisors.
  • #1,083,506
  • Dec 11, 2016 6:10pm Dec 11, 2016 6:10pm
Quoting Not-KPMG
{quote} So short where??  I would trade little tiny bit. Buy if it drops...Sell if goes 0650+  Stay safe
Hi K...I closed my shorts and am looking to a possible move to 1.065 (same as you).
My Indicator has a sell at that level. It may NOT reach my entry order today but it will sooner or later....no sense giving anything back to this market..patience is a virtue.
Also, there is a 1.06 and 1.075 (large) option expiry today at the NY Cut and the 1.05 barrier (no touch) is still intact....I don't know when it expires. Best wishes...
I may not be right...BUT, I am never wrong
  • #1,083,507
  • Dec 11, 2016 6:15pm Dec 11, 2016 6:15pm
Quoting Not-KPMG
{quote} So short where??  I would trade little tiny bit. Buy if it drops...Sell if goes 0650+  Stay safe
...short now before it crak the 1.0500
  • #1,083,508
  • Dec 11, 2016 6:35pm Dec 11, 2016 6:35pm
Quoting Mirco-world
{quote} ...short now before it crak the 1.0500
Hi MW...you may be right, but I don't see the wisdom in the call... do you have a technical view that would support the call? Are you just looking for 50 points?...or do you believe the barrier has expired...please elaborate.
I may not be right...BUT, I am never wrong
  • #1,083,509
  • Dec 11, 2016 6:45pm Dec 11, 2016 6:45pm
Quoting Spartanholds
{quote} Hi MW...you may be right, but I don't see the wisdom in the call... do you have a technical view that would support the call? Are you just looking for 50 points?...or do you believe the barrier has expired...please elaborate.
200 pips south, from now without any doubt you can short as much as you can, and knowing that it'll never go up to 1.070 untill it reach 1.03xx!
  • #1,083,510
  • Dec 11, 2016 6:52pm Dec 11, 2016 6:52pm
Quoting Mirco-world
{quote} 200 pips south, from now without any doubt you can short as much as you can, and knowing that it'll never go up to 1.070 untill it reach 1.03xx!
Ok...thx....So in your view...there can be NO retracement before 1.03? No gap to be filled before 1.03? No profit takers? Just straight down?
I may not be right...BUT, I am never wrong
  • #1,083,511
  • Dec 11, 2016 7:00pm Dec 11, 2016 7:00pm
No way. Its a bad place to short now. We will see 1.07 and even up to 1.12
  • #1,083,512
  • Dec 11, 2016 7:02pm Dec 11, 2016 7:02pm
Quoting Mirco-world
{quote} 200 pips south, from now without any doubt you can short as much as you can, and knowing that it'll never go up to 1.070 untill it reach 1.03xx!
pls go ahead and short now sir.. you loss is needed i guess
  • #1,083,513
  • Dec 11, 2016 7:05pm Dec 11, 2016 7:05pm
Quoting Spartanholds
{quote} Ok...thx....So in your view...there can be NO retracement before 1.03? No gap to be filled before 1.03? No profit takers? Just straight down?
we all have diferent ways to trade, we have different finance as well. i don't like to miss opportunities and that thing want to go to 1.03xx, and yes it's possible that it can go strait from now... but personaly, my finance allowed me to short even if it retace to 1.070 witch it'll never do! ...anyway, it's realy not the time to long as it's targeting parity
  • #1,083,514
  • Dec 11, 2016 7:19pm Dec 11, 2016 7:19pm
Quoting EUROtech
No way. Its a bad place to short now. We will see 1.07 and even up to 1.12
Curious - what time frame are you talking about with regards to 1.07 and 1.12?
  • #1,083,515
  • Dec 11, 2016 7:26pm Dec 11, 2016 7:26pm
Quoting Mirco-world
{quote} we all have diferent ways to trade, we have different finance as well. i don't like to miss opportunities and that thing want to go to 1.03xx, and yes it's possible that it can go strait from now... but personaly, my finance allowed me to short even if it retace to 1.070 witch it'll never do! ...anyway, it's realy not the time to long as it's targeting parity
...and the winners midset = 0% emotion & 100% confidence
  • #1,083,516
  • Dec 11, 2016 7:27pm Dec 11, 2016 7:27pm
Quoting MrsTrader
{quote} Curious - what time frame are you talking about with regards to 1.07 and 1.12?

Considering the news this week its anywhere between one to three weeks. I tend to think its closer to three weeks and then of course a plunge to very low levels in january-february. Also keeping in mind brexit the lowest could coincide with march-april
  • #1,083,517
  • Dec 11, 2016 7:27pm Dec 11, 2016 7:27pm
Quoting Don96
{quote} also got 1.0520... {image}
got in at 29
Attached Image (click to enlarge)
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  • #1,083,518
  • Dec 11, 2016 7:37pm Dec 11, 2016 7:37pm
Quoting EUROtech
{quote} Considering the news this week its anywhere between one to three weeks. I tend to think its closer to three weeks and then of course a plunge to very low levels in january-february. Also keeping in mind brexit the lowest could coincide with march-april
Thanks! Not that I disagree with the 1.07 (not so sure about 1.12), but I would be too chicken to long this pair. I'd rather short because like you, I expect to see very low levels eventually. Short is still a safer bet for me.
  • #1,083,519
  • Dec 11, 2016 7:39pm Dec 11, 2016 7:39pm
Quoting Don96
{quote} got in at 29 {image}
Well done Don...very nice entry....whats your tgt?
I may not be right...BUT, I am never wrong
  • #1,083,520
  • Dec 11, 2016 7:50pm Dec 11, 2016 7:50pm
Quoting EUROtech
No way. Its a bad place to short now. We will see 1.07 and even up to 1.12
Hello ET....I can easily see a spike up to the 065/07 levels...and could make a case (weak) for 1.1044 but I can NOT find any reason for a move to 1.12...could you post a chart with a comment or 2 that justifies 1.12..just curious. Thx in advance...
I may not be right...BUT, I am never wrong
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