View Poll Results: What impact will the ECB Rate Decision have on the Euro?
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Send Euro Higher!
Send the Euro Lower!
Will have no effect.
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04-03-2012, 02:40 PM #72091
04-03-2012, 02:42 PM #72092
1,3215 / 1,3175 is a good entry with excellent possibilities
Originally Posted by stryker
04-03-2012, 02:43 PM #72093
I had posted 2 buy areas this week, 3300/90 and 3230. we are around 3230 now, first signs of a base here and i'm triggering longs. line in the sand time.
04-03-2012, 02:48 PM #72094
04-03-2012, 03:06 PM #72095
04-03-2012, 03:14 PM #72096
BUTTERFLY & DOUBLE TOP
I am confused...
BUTTERFLY Possible trend reversal (30min chart)
DOUBLE TOP Possible target 1,3133
Last edited by Spyros; 04-03-2012 at 03:29 PM.
04-03-2012, 04:59 PM #72097
Good time to buy
After that hard hit, sounds like it's a good time to buy ?
What does everyone else think ?
04-03-2012, 05:03 PM #72098
Hmm it's tough to say i think we might retrace a bit but overall i think we broke down past the necessary level to continue the move down. I kind of upset i didn't get up early enough i would've made a lot more today.
04-03-2012, 05:04 PM #72099
What is it?
Originally Posted by Spyros
04-03-2012, 05:07 PM #72100
04-03-2012, 05:31 PM #72101
So far so good....
Originally Posted by Ikee
Never rush a trade. Make haste slowly.
04-03-2012, 06:45 PM #72102
A Long Wait...
Been waiting for this "big red bar" for a very long time... since last week, and I finally caught it for 95 pips!
There's good reason to believe that it will hold around 1.319... but the pent-up emotions.... well, when the bear shows up on stage, you shouldn't expect him to come down fast, as some comics suggest!
A beautiful mind is much more important than a fat pocket.
04-03-2012, 08:31 PM #72103
Trade imbalance remains. There are lots of companies who accumulate mountains of euros every day that they need to sell off. Recently 1.3375 was where they would all start dumping their euros: buying spikes would crash into that ceiling with a fury of blinking red and blue lights, and the resistance never broke. Those sellers are still out there, and they have to make up their minds what the price is where they will dump, since they can't expect to see 1.3375 again. Still early to tell, but 1.3233 might be the ceiling now.
Originally Posted by ridethetrend
ASIAN SESSION UPDATE: support at 1.3200 is weak, may break through and on down
Last edited by Robert Eckert; 04-03-2012 at 09:56 PM.
04-03-2012, 08:36 PM #72104
Are you asking what does FOMC stand for? It is the "Federal Open Market Committee", a meeting at the US central bank to decide what moves, if any, they will make. Today was the release of the notes taken at a meeting a while ago: it sounds silly that people put so much importance into reading between the lines of what these people said when it isn't even current information, but everybody was looking for an excuse to jump one way or the other.
Originally Posted by DominandoForex
04-03-2012, 09:37 PM #72105
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