dears, friends it is possible that the market go to 14812/800? why not? because the trending is changing
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MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
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DislikedTake a look at the chart below.
Double top or break out?
The fib in the pic retraced to 38 then headed north.
That's a sign of strength but I'd be willing to bet some longer term players are shorting this top.
I'd wait for some kind of confirmation.
My guess... a breakout to new highs but I'll be on the side lines until then...just like T.O.Ignored
Disliked1 hr with most recent fib.
Also, the daily with an inverse h/s pattern. It may dip to the 4820 area or more before breaking the neck line.Ignored
DislikedI was missing that H&S
Thanks for bringing it up
Target is what? 1.53 give or take?Ignored
DislikedExactly. SO I will be watching it during eur session tonight for a possible buy around 4820.
Have to be careful when it gets to the 4820 area becasue it may need to come down more in order to gather steam to break the NL. Depends on data releases too.Ignored
DislikedExactly. SO I will be watching it during eur session tonight for a possible buy around 4820.
Have to be careful when it gets to the 4820 area becasue it may need to come down more in order to gather steam to break the NL. Depends on data releases too.Ignored
Dislikedits crazy, 1 man.
totally whipping out and sending to dust the $ ,one time almighty currency.
his name = TRICHET -> converting americans into poors, making perform dollar worse than even a 3rd world currency. sad.Ignored
DislikedI know I may be utterly wrong here, but the more I read about the Euro and the more I see traders almost take it for granted that 1.50 is in the cards.
Just think about this for one second:
if we are "only" 100 pips away from 1.50...and 1.50 MUST BE TESTED before we go down..."it acts like a magnete"...etc...
Why aren't we at 1.50 yet???
Why don't we all just get long and collect the free 100 pips?
It just seems so obvious to me that we are going to 1.50. Everyone is thinking about what to do when we finally reach 1.50. Are we going to 1.60? Are we going to pull back a little?
What if we don't go to 1.50? What is the plan then?Ignored
DislikedI know I may be utterly wrong here, but the more I read about the Euro and the more I see traders almost take it for granted that 1.50 is in the cards.
Just think about this for one second:
if we are "only" 100 pips away from 1.50...and 1.50 MUST BE TESTED before we go down..."it acts like a magnete"...etc...
Why aren't we at 1.50 yet???
Why don't we all just get long and collect the free 100 pips?
It just seems so obvious to me that we are going to 1.50. Everyone is thinking about what to do when we finally reach 1.50. Are we going to 1.60? Are we going to pull back a little?
What if we don't go to 1.50? What is the plan then?Ignored
Dislikedomg, if its break 1.4820 this thing goes way down...
we as a traders have to know why these things happens...
germany has just comented growth is slashed from 2.9% to 2.5%.
after the report euro started loosing. next victim is chf today.
anyway....
investors are making the idea Trichet is like a dog who barks but not bite.
1.50 is looking every minute more far away, in the fundamental way.
probable could be offset by really weak report from usa today, but maybe there is a surprise hidden there, the PPI???.
remember the last drop to 1.43???
a surprise, traders were ready to launch it straight to 1.50.
if there is a surprise and goes big the way down, even with a 50 rate cut from fed. euro could lack strenght in the technical way, a big head shoulders pattern in the weekly to the downside. + ecb would be close to do the same as capitals flow to usa again.
+ another thing is BNP Paribas, today reported to their investors dont make big bets in the euro and better get into aussie or yen.
they were the euro bullish ones, whats going on??????.Ignored