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View Poll Results: What impact will the ECB Rate Decision have on the Euro?

Voters
71. This poll is closed
  • Send Euro Higher!

    19 26.76%
  • Send the Euro Lower!

    48 67.61%
  • Will have no effect.

    4 5.63%
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Thread: Closed: Discuss EUR/USD News with a DailyFX Analyst

  1. #32881
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    Yearly Support Broken

    Yearly Support Broken at 1.31
    New Lows coming up.
    Good Luck!!! Yeoooowwww!!!

  2. #32882
    heyjoe is offline Member
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    Quote Originally Posted by maXmood View Post
    now that's some profit..

    Well done, stronger nerves than me!

    I bailed earlier, thinking a correction was due, only to jump back in again at 131 for a few pips thinking if the Euro wants to jump off a cliff then who am I to stop it.

  3. #32883
    stanchiam is offline Banned
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    Talking

    Quote Originally Posted by CreativeSilence View Post
    Yearly Support Broken at 1.31
    New Lows coming up.
    Good Luck!!! Yeoooowwww!!!
    I simply love it. Extreme bearishness.
    Time for the squeeze up. Mad bull being release
    just kidding

    anyway, i have added more short around 1.3085
    u can be new low, but i am standing right in front waiting to be crash.
    I have no fear.
    Attached Thumbnails Attached Thumbnails Closed: Discuss EUR/USD News with a DailyFX Analyst-sp32-20100504-202515.jpg  


  4. #32884
    Pippin is EZ is offline Member
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  5. #32885
    stanchiam is offline Banned
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    wow, that is very bearish news for euro
    I also ask for bailout, give me 1 billion is enough :-)

  6. #32886
    Mary R's Avatar
    Mary R is offline Member
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    Quote Originally Posted by stanchiam View Post
    I simply love it. Extreme bearishness.
    Time for the squeeze up. Mad bull being release
    just kidding

    anyway, i have added more short around 1.3085
    u can be new low, but i am standing right in front waiting to be crash.
    I have no fear.
    I took a profit on half of mine - how low do you think it will go?

  7. #32887
    Pippin is EZ is offline Member
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    Quote Originally Posted by stanchiam View Post
    wow, that is very bearish news for euro
    I also ask for bailout, give me 1 billion is enough :-)
    lol. i'll take even 10% of that and be happy!

  8. #32888
    Steve125 is offline Member
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    Quote Originally Posted by Mary R View Post
    I took a profit on half of mine - how low do you think it will go?
    1.3030 is the 78.6 from the Mar '09 low, today's daily S2, 127% fibo of last week and S1 of 4h . Big stop signs there.

  9. #32889
    Mary R's Avatar
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    Quote Originally Posted by Steve125 View Post
    1.3030 is the 78.6 from the Mar '09 low, today's daily S2, 127% fibo of last week and S1 of 4h . Big stop signs there.
    yes, that looks like a good area at which we might have a retracement

  10. #32890
    bill2759 is offline Member
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    Good Evening Earthicans!

    For Smallcaps sake: My short at 1.3157 was hit while I snoozed for 50.4 Pips
    The short order I placed at 1.3225 was never touched and has been removed.
    In catching up on the overnight posts, Im overwhelmed with a feeling of gloom and doom for the Dollar. There was one Guy last night who was absolutly venomnous towards the U,S. Economy Ouch!
    If My cheerleading for the short side of this pair has hurt anybodys feelings, I apologize. I tend to cheer while I'm making money.
    As the "Godfather" said when when offing someone, "nothing personal, just business." I am honestly ready to jump on the long Bandwagon when the Trend changes.
    What to do now? Madaam Babushka is still in a blue funk from what She calls bad grape poisoning. I Myself remember My Hangovers lasting longer when I got older. But She wont admit to anything over twenty nine years of age. (liar)
    Perhaps I'll stand aside and watch for a little while and absorb the Gestalt determining the Pairs direction. The Old Girls mumbling, stay short You Fool. I'll wait till Her Head clears before taking Her advice.

    Good Luck and Good Will to those with opposite opinions than Mine.
    Last edited by bill2759; 05-04-2010 at 09:27 AM.

  11. #32891
    stanchiam is offline Banned
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    Quote Originally Posted by Mary R View Post
    I took a profit on half of mine - how low do you think it will go?
    with such a bearish news on spain, if true, should go towards 1.3
    but there should be some correction first, i am ready to go all the way down.

  12. #32892
    Mary R's Avatar
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    Quote Originally Posted by stanchiam View Post
    with such a bearish news on spain, if true, should go towards 1.3
    but there should be some correction first, i am ready to go all the way down.
    I think the Spain news may just be a rumor -
    Why do you say "aspiring to work on wall street""? You ARE working on Wall street, and probably making alot more money than the "professionals" employed by brokerage firms. the smartest people are doing it on their own Stanchiam

  13. #32893
    Steve125 is offline Member
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    Quote Originally Posted by Mary R View Post
    yes, that looks like a good area at which we might have a retracement
    At the current price we are 130 pips off yesterday's close. That's about the average daily move. For 30 more pips it's a risk.

  14. #32894
    maXmood is offline Member
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    just did a stupid mistake by going long @ 1.3079..........

  15. #32895
    Mary R's Avatar
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    Quote Originally Posted by Steve125 View Post
    At the current price we are 130 pips off yesterday's close. That's about the average daily move. For 30 more pips it's a risk.
    yes, I think I am going to set stops slightly above current levels. There is also an ECB meeting Thursday which may limit additional price action

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