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

EUR

Discuss EUR in this thread
 
subway90
Posts: 1078
12 years ago
Feb 17, 2012 7:42
...
subway90
Posts: 1078
12 years ago
Feb 17, 2012 7:28
if Euro settles back above that middle line.... bias turns positive and risks move higher already....
if not expecting 1 more dip to 2870/90 b4 move higher toward 36xx level....
subway90
Posts: 1078
12 years ago
Feb 17, 2012 7:20
i have pending short orders @ 3170 and 3200..... with 3045 tp....
8 hour close above 3180 or clear break above 3200 could see extension higher to 3250/70 level....

break below 3100 suggests immediate top is made and will see pullback to 3025/45 at least or next leg lower to 2900 level.....

gl/gt
jacek
Melbourne, Australia
Posts: 2579
12 years ago
Feb 17, 2012 5:46
wttf is going on?.. is everyone waiting for big gorila's (PBOC) next move or what?.. :-)

"There is talk now of sovereign selling interest just above the NY highs of $1.3159 and
further offers layered up to $1.3200.."
jacek
Melbourne, Australia
Posts: 2579
12 years ago
Feb 17, 2012 0:08
btw this might be easier to trade..
jacek
Melbourne, Australia
Posts: 2579
12 years ago
Feb 16, 2012 23:55
and here something for scalpers..

pretty much agree with subz here.. only difference.. trading it vs. watching it..:-)
jacek
Melbourne, Australia
Posts: 2579
12 years ago
Feb 16, 2012 23:35
g'day.. fading never easy.. unless u have 9 lives like Cat:-) or never sleep:-)

anyway here is my big picture blah:-)..

tech - 50.0% fib of 2624 to 3322 swing has supported.. and aussie confirmed with close above 1.07 and dxy rejected 80..

fundi- now ECB is to swap junk for more junk.. this can work for a while as Milken has shown:-)

and finally Stolper has capitulated on his euro long!..

so all in all higher for now..
subway90
Posts: 1078
12 years ago
Feb 16, 2012 23:09
only break below 3100 would be safe short for 3040 level.... if 3100 holds could see extension higher to 3200 level b4 it settles down...

back below 3100 would shift focus to 3040 initial support... and clear break would signal resumption of downtrend to 2870/90 support...

if 3040 holds may see jump to 3180/3200 b4 moving lower again....

in any case(less likely but possible) it continues higher and breaks above 3322... it will open up 3650/70 level.... :)

In the bigger picture.... as long as 2850 holds... may see test of 36xx level b4 moving lower....

gl/gt
cat0nip
Frankfurt, Germany
Posts: 1632
12 years ago
Feb 16, 2012 18:05
close short eurusd 3106 ...wait
Qingyu
manchester, UK
Posts: 1763
12 years ago
Feb 16, 2012 17:44
chinese officals weak up do their job?