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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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DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 23, 2011 22:04
If EU has finished its ret up at 4068, projections for downside targets would be 3940 or 3862. Between the two levels we have a daily chart 50% level at 3898
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 23, 2011 20:40
NYSE bid/ask delta clean trend day down so far, reflected more by overnights than day session prices. Typically expect price to trend down into the close now
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 23, 2011 20:35
I see what ya mean about foreplay UC.
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
May 23, 2011 19:22
Eur recovers a bit with spain debt. US 5 y falls so does USDx. Possibly EURUSD targets 1.41 by end of NY session. Stocks won't fall further today .
Sir Ignore
United States
Posts: 3068
13 years ago
May 23, 2011 18:38
euro bulls lookin for some action...nervous on dem trading desks
Sir Ignore
United States
Posts: 3068
13 years ago
May 23, 2011 18:19
usd/chf has had enuff foreplay in da tunnel..time to get off now..
Sir Ignore
United States
Posts: 3068
13 years ago
May 23, 2011 18:15
if u wait for 4060 4138 measurable target on pattern ...and more if we b lucky mates...
Sir Ignore
United States
Posts: 3068
13 years ago
May 23, 2011 18:11
btw..Captain Sparrow and I are too handsome to be pirates, but we are anyway.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 23, 2011 17:09
Meant to say "Nothing is always perfect" instead of nothing is ever perfect.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 23, 2011 17:05
If price should head north from here and exceed the cluster we are focusing upon you will notice another cluster at the 4155 level and again another higher cluster at the 4232 pivot high level. If this happens we can employ more symmetry to add to the map as pattern (structure) develops. The more levels that are clustered together the more potentially powerful S&R's.

This makes sense when you consider the sum total effect of all trader methodologies in the market.
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