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  • #1,106,321
  • Apr 26, 2017 2:59am Apr 26, 2017 2:59am
Hi,

It'll go down further for another 45 pips. I see a pullback upto 1.089 but comments from draghi will drag it 1.832 and may be further down. There's no stable trading above 1.09 till 1.10 at the moment. Dollar trying to make 1.08 as a bottom. It used used to be 1.06. since political risks faded that has put the EUR value up.
  • #1,106,322
  • Edited 5:30am Apr 26, 2017 3:03am | Edited 5:30am
on a different note, one of the biggest contributors to EU and ECB funds, was UK. Which now, refuses any more payments, due to Brexit. So, the question is, would ECB have strength, piles of cash and motivation to continue buying? I wouldn't be surprised if tomorrow some hints are out, and we head for 1.1 short term. Especially with Draghi
few pips a day, keeps the doctor away...
  • #1,106,323
  • Apr 26, 2017 3:12am Apr 26, 2017 3:12am
Healthy bear move, now back at the broken previous monthly high, 50% pull back of yesterday move and PP....
trading is simple but is simple is not easy.
  • #1,106,324
  • Edited 3:31am Apr 26, 2017 3:16am | Edited 3:31am
Good spot for a scalp long dollar/yen
Stop 111.12 , trget 111.35
  • #1,106,325
  • Apr 26, 2017 3:18am Apr 26, 2017 3:18am
Quoting deltaone
second try: long @1,09006 sl 1,08920 tp 1,0950
sl hit.
fortis fortuna adiuvat
  • #1,106,326
  • Apr 26, 2017 3:18am Apr 26, 2017 3:18am
Quoting eurBESTRADER
{quote} You're picture
Wish that stack was real
  • #1,106,327
  • Apr 26, 2017 3:21am Apr 26, 2017 3:21am
shitty DT during end of asia was perfect entry, fml best not drop 200 now
  • #1,106,328
  • Apr 26, 2017 3:21am Apr 26, 2017 3:21am
Quoting deltaone
{quote} sl hit.
I got stopped twice the same way. Focus more on selling the new highs. A lot of bearish pressure...corrections are weak. It's gonna come down to Trump's release later on. If it's a bust, we'll get back to previous 1.092-5 lvls.
The market atm is pricing the rumor not the actual news.
  • #1,106,329
  • Apr 26, 2017 3:22am Apr 26, 2017 3:22am
Quoting eatthis
{quote} Wish that stack was real
Lol
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  • #1,106,330
  • Apr 26, 2017 3:23am Apr 26, 2017 3:23am
Yeah
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  • #1,106,331
  • Edited 3:43am Apr 26, 2017 3:25am | Edited 3:43am
Everything sitting on center line to target again.. we're back inside the core of the vortex. 0888
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Founder of Sutherland Wave Principle
  • #1,106,332
  • Apr 26, 2017 3:26am Apr 26, 2017 3:26am
1.0885 the Mothly_R1 holding ...and the next immediate supports
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  • #1,106,333
  • Apr 26, 2017 3:32am Apr 26, 2017 3:32am
Quoting The_Roman
{quote} I got stopped twice the same way. Focus more on selling the new highs. A lot of bearish pressure...corrections are weak. It's gonna come down to Trump's release later on. If it's a bust, we'll get back to previous 1.092-5 lvls. The market atm is pricing the rumor not the actual news.
part of business. undecisive atm. might try later again.
fortis fortuna adiuvat
  • #1,106,334
  • Apr 26, 2017 3:35am Apr 26, 2017 3:35am
EURO has every possible chance to test the 200 SMA today which is around 10840 a very strong support then the bull might resume the advance again, on the flip side a sustain break of 10840 will create bearish sentiment for short time. IMO
Trades technical moves enforced by fundamentals
  • #1,106,335
  • Apr 26, 2017 3:43am Apr 26, 2017 3:43am
For those who are interested the tax reform speech thing is 2.15pm Washington time I think . Probably be going down till that time .

If it gets priced in till that time it probably gonna go up . That's the trend lately anyway ..

Good luck everyone .
  • #1,106,336
  • Apr 26, 2017 3:43am Apr 26, 2017 3:43am
Quoting post
EURO has every possible chance to test the 200 SMA today which is around 10840 a very strong support then the bull might resume the advance again, on the flip side a sustain break of 10840 will create bearish sentiment for short time. IMO
I missed my mail
  • #1,106,337
  • Apr 26, 2017 3:44am Apr 26, 2017 3:44am
Quoting thatforexguy
For those who are interested the tax reform speech thing is 2.15pm Washington time I think . Probably be going down till that time . If it gets priced in till that time it probably gonna go up . That's the trend lately anyway .. Good luck everyone .
good post
Achiever
  • #1,106,338
  • Apr 26, 2017 3:47am Apr 26, 2017 3:47am
Now Eur/usd buy 1/0883 Sl : 1/0873
  • #1,106,339
  • Apr 26, 2017 3:47am Apr 26, 2017 3:47am
Quoting deltaone
{quote} part of business. undecisive atm. might try later again.
I'm pretty sure that the shorts said thank you
  • #1,106,340
  • Apr 26, 2017 3:50am Apr 26, 2017 3:50am
Nice strong bearish momentum ...but it looks like hard to see it below 1.0880
The weekly TL seem to be the next bull stronghold.
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