While Euro takes an escalator down AUD i think prefers something bigger little MACH speed down the hill..
9310 possible for 2day if stocks don't show any promise later on...
GL..
Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us
The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...
Tx stryker, after reading your cmt I deceided to exit all the trades with 1,3194 Waiting for more clearly signal <3
hard to say on euro since EG bounce coming rt off imp supp of 8530.. Euro fall could be sustainable as long as EG starts staying above 8560-66 and hence GU as mentioned earlier could find difficult in sustaining off supports...
GL..
Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us
The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...
very realistic, we have been chopping all year, these moves come this time of year. just like we have long choppy markets there no reason why we can;t have enormous moves in one direction. This is why people get killed in trending markets because they natural tendency is to fade moves because it was working before. We could very well be at the yearly low in a couple days 1.2880 ish... take a look at the monthly and consider the factors surrounding the euro and the global market. Its not that far and euro panic sell has not happened .
Yep.. It's just that there are some imp supporting lines been broken and projecting actual drop then this looks lower n lower.. unless until possibly above 3225-30 we could see some move up but eventually under 3440-60 pressure stays down..
GL..
Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us
The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...
Dropping too fast.... retracement will come this week to at least 33+, will be good for most.... just my thoughts.
Nothing is impossible in this mkt........
GL..
Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us
The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...
This is pretty much matches with my analysis. I shorted at 1.3220 and targetting it for 1.3012 [ a little above the target 1.2980]. In case I am stopped out, I will try to short again at 1.3365
well lets hope we dont have to and get some good or better out of it..
EG surge will make gu on the defensive..
would be nice if aud proves once more how to drop in a st line.. it does that pretty good .........
Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us
The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...
well lets hope we dont have to and get some good or better out of it..
EG surge will make gu on the defensive..
would be nice if aud proves once more how to drop in a st line.. it does that pretty good .........
I hope it dont come to it..... i hope min 3130-33 prior to it.. if EG starts slipping then 3070-80 likely...
but who knows and with ECB and the rest later might get volatile...
GL..
Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us
The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...
I hope it dont come to it..... i hope min 3130-33 prior to it.. if EG starts slipping then 3070-80 likely...
but who knows and with ECB and the rest later might get volatile...
GL..
I don't think this is really the day to be picking the bottom, maybe next week after the ecb meeting
Inverted Head and Shoulders Pattern Could Lead to Euro Bounce Higher
Good Morning Traders! Inverted Head and Shoulders Pattern Could Lead to Euro Bounce Higher- Bernanke's testimony and US Factory Orders at 10:00 AM may be a catalyst for breakout. I have an inverted head and shoulder's price target in the 1.3276 area. A close below 1.3144 could open path to 1.28000 and would invalidate the pattern.
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I don't think this is really the day to be picking the bottom, maybe next week after the ecb meeting
i cashed what i had to bank in nicely.. the one's open don't have a limit yet.. and all scalps so far were to the short side and i did iit on all the pairs.... I just don't see buys yet to and hence no hedge taken so far..
3122-33 on eur is simply if EG starts staying higher or starts making fresh highs and then i doubt it could drop any big whereas GU to head down under 5330 then.. GU currently off another 4 hrs supp rt the low of the day..
Anyways shorts is the slogan and i hope the fundies don't play too much jittters and so happy to be short..
GL..
Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us
The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...
i cashed what i had to bank in nicely.. the one's open don't have a limit yet.. and all scalps so far were to the short side and i did iit on all the pairs.... I just don't see buys yet to and hence no hedge taken so far..
3122-33 on eur is simply if EG starts staying higher or starts making fresh highs and then i doubt it could drop any big whereas GU to head down under 5330 then.. GU currently off another 4 hrs supp rt the low of the day..
Anyways shorts is the slogan and i hope the fundies don't play too much jittters and so happy to be short..
GL..
I really like your consistency and analysis; I hope to learn a lot from you. I feel inspired from many in this forum.
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Originally Posted by Arumi 
Good Morning Gregory :)
