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- operigote replied Aug 28, 2009
To me, from I what I see on the charts right now and because of the fact is is the last Friday od the month, I would say we could see 1.4250 today. Not short yet though, waiting for a break out with a decent risk/reward ratio, hopefully after ...
EURUSD
- operigote replied Aug 27, 2009
Looks like there could be a break out to the down side coming right now, may be good for at least 20 pips or so.
EURUSD
- operigote replied Aug 27, 2009
LOL, you just described my sentiment and expectations as well as the way I traded today, cool!
EURUSD
- operigote replied Aug 27, 2009
They have been in control pretty much all month, remember there is only tomorrow and monday left in the month, I think ahead of September, historically the worst month for the market, I think we will see them taking profits tomorrow and therefore ...
EURUSD
- operigote replied Aug 27, 2009
Screw that I sold it, like they say, bulls make money, bears make money, but pigs get slaughtered.
EURUSD
- operigote replied Aug 27, 2009
I have been favoring the shorts cause I think this rally in equities is unsustainable and it is running out of steam, so I made money in the morning on the short side then stayed out of this long, in hind sight I wish I have got in but what the hec, ...
EURUSD
- operigote replied Aug 27, 2009
The 42B 7 year bond auction happened 1 and 20 minutes ago, it took a while for the market to react on this one.
EURUSD
- operigote replied Aug 27, 2009
It looks like purely technical move, a brake out of the inside bar range on the 4HR TF, that's what I see. Does anyone know of a fundamental reason for this?
EURUSD
- operigote replied Aug 27, 2009
Looks like if we are going to brake 4205 it will not be today but potentially tomorrow, with the end of moth position adjustments, could be a very interesting day. It will be up to Deutsche, UBS, Barclays and RBS.
EURUSD
- operigote replied Aug 27, 2009
Oh you don't know what inside bar trading means...just look it up on you tube or Google it, you will find plenty about it.
EURUSD
- operigote replied Aug 27, 2009
What do you mean, you sound like you believe the opportunity has passed, when I mean the contrary. When you get inside bar trading the opportunity is when the price brakes out of the range. In this case the range is between 1.4202 and 1.4285.
EURUSD
- operigote replied Aug 27, 2009
Come you guys, you know better than that, they did something like 3 months ago when they sold part of the company or something, when the shares were at 3 dollars, so they cut the number of shares that everyone had by like 5 or 6 and bumped up the ...
EURUSD
- operigote replied Aug 27, 2009
and if it does not, there may still be a pretty decent short trade left for today.
EURUSD