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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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cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Jun 2, 2011 11:45
goodness...the robot started long @ 4393 and exit @4476 ... when it detected sustaining changes or trend in relative strength. Now its idling in EURUSD. Yes EUR rs got up ( after spain auction ) but USDrs fell even more.
Qingyu
manchester, UK
Posts: 1763
13 years ago
Jun 2, 2011 11:27
also, please dont attack cat again. he concern on strategy, not day trading.
Qingyu
manchester, UK
Posts: 1763
13 years ago
Jun 2, 2011 11:25
sub, yes, maybe a trap right before real crash.
subway90
Posts: 1078
13 years ago
Jun 2, 2011 11:13
i wonder what CAT has to say about this....
he was pretty happy and confident for a short while... :)
subway90
Posts: 1078
13 years ago
Jun 2, 2011 11:10
haha..

that was quick... always happens when entering with simple assumption and without confirmation..
subway90
Posts: 1078
13 years ago
Jun 2, 2011 10:51
dave...

yes.... i think it will look very ugly and messy.... expecting a lot of false breaks up and down...

many bears thinking downside is a given.... but i think many could get trapped... :)

could range trade 4200/4700 level quite sometime...

if we see continuation to the upside... i see stopover at 4530(where we could see a 100 pip pullback) then test of 4580/4600... at least that's what i see short term...
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jun 2, 2011 10:43
For further upside my next signif cluster level of resist still at 4568/77 but I have a lower level first to get through at 4498
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jun 2, 2011 10:32
G/mornin subs, nice short trades you had, well done that man. Not so sure about direction here on EU, pattern not helpfull. I'm now flat my GU short to see what the ret looks like.
subway90
Posts: 1078
13 years ago
Jun 2, 2011 10:27
expecting current Euro recovery to move much higher than most expect....

seeing a test of 4730/50 level.... very crucial level coz if it breaks and settles above that level... favor move to the uspside....

any bigger pullback(most likely to happen after test of 4570/4600 level) will be limited to 4150/4200 level... with max 4050(crucial... break of this level would likely mean move south already) level...

break south would likely mean test of 3600 level then probably could extend further to 3200 level...

only break of 2873 level would mean resumption of downtrend... until then (we may see the dip or not) even it may dip as far as 3200 level.... it would only be treated as correction....

gl/gt
subway90
Posts: 1078
13 years ago
Jun 2, 2011 10:05
still think downside not done yet... see 1 more dip to 4280/4300 level.... if current 8 hour candle closes above 4430... good sign it could be headed higher already... break above 4458 and it could be headed toward to 4570/4600 level....

gl/gt
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