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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765

Forum Topic:

EUR

Discuss EUR in this thread

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subway90

Korea Sout

Posted Anonymously

14 years ago

Oct 21, 2010 9:45

shorts filled at 4040....
minor support now at 3970... if holds could extend further to 4100 level b4 down...
below 3970 next stronger support comes in at 3890/3900 level...

if it closes the week above 3950 level... could be a bullish signal...

Catnip... what do you think? and did you short 3970 level? just wondering... :)

catnip

Frankfurt, Germany

Posted Anonymously

14 years ago

Oct 21, 2010 8:22

short eurusd any time it crosses 13970
this is systems analysis no chart / wave tea leaf reading involved

catnip

Frankfurt, Germany

Posted Anonymously

14 years ago

Oct 20, 2010 20:28

EURUSD doesn't cross the barrier of open shorts @13960. Now EUR is massively shorted vs GBP, too.
Strange.

redstone

bristol, UK

Posted Anonymously

14 years ago

Oct 20, 2010 18:33

agree subway . but feel short sharp correction heading to 10500-10300 before resuming uptrend to 12000

catnip

Frankfurt, Germany

Posted Anonymously

14 years ago

Oct 20, 2010 17:41

Huge amassing of open short pos and open orders in EURUSD never seen such....
I don't believe all traders are blind there must be something going on
I assumed the positions will be closed and open positions cancelled. Not at all they get more by the number.

subway90

Korea Sout

Posted Anonymously

14 years ago

Oct 20, 2010 16:47

redstone....

If and only if...
but looks like it's preparing to move higher.... maybe targetting somewhere around 12500 if it manages to break above 11250/60...

subway90

Korea Sout

Posted Anonymously

14 years ago

Oct 20, 2010 16:38

4020/30 level would provide strong resistance... it would be a good sell to target 3880/3900 level...

If bulls are seriously back... then 3880/3900 level would provide support to clearly break above 4050 level tom... which would likely confirm resumption of uptrend...

break below 3880 level would mean more consolidation before taking a direction...

redstone

bristol, UK

Posted Anonymously

14 years ago

Oct 20, 2010 16:30

if dow drops to 10300 0r so this is headin for 131

catnip

Frankfurt, Germany

Posted Anonymously

14 years ago

Oct 20, 2010 16:26

sub
i am confused with this piling up of sell orders at brokers @ 14000 ... do they know more...