View Poll Results: What impact will the ECB Rate Decision have on the Euro?
- Voters
- 71. This poll is closed
-
Send Euro Higher!
-
Send the Euro Lower!
-
Will have no effect.
| -
04-16-2012, 01:40 PM #72706
eurusd is hit 3115 you gotta kiddin me !!! 10 pips to resistance 3125
-
04-16-2012, 01:48 PM #72707
Poll was interesting Even with Small Sample Size
Poll was interesting Even with Small Sample Size- Though our poll is ongoing to the end of the week, it is interesting to note that Euro bears are 3 times greater than the bulls and the Euro is rallying.
You can see in "real time" how the Speculative Sentiment Indicator works in theory.
What are your thoughts?
Last edited by Gregory McLeod; 04-16-2012 at 01:50 PM.
Trader, Gregory McLeod moderates the DailyFX Forum.
If you are a new user to the DailyFX Forum, or not sure where to get started, please go to: How To use the DailyFX Forum and Introduce Yourself! Section. I’ll introduce you to the community and point you in the right direction.
Please use the “Ask the expert” section to ask me trading questions or reply to me in this thread.
Webinar: Watch me Trade Live Tuesday, Wednesday, and Thursday at 5:30 ET/9:30 GMT in Pip & Run Trading Room.
For short term forex trading or scalping follow me on Twitter @gregmcleodtradr
-
04-16-2012, 01:48 PM #72708
I guessed that they decided to do the
-
04-16-2012, 01:49 PM #72709  Originally Posted by rcopadilla  SHORT SQUEEZE NOW!!! what is this short sqeeze???
-
04-16-2012, 01:55 PM #72710 Originally Posted by Spyros what is this short sqeeze??? A short squeeze is when the market makers start to raise the bids, triggering the stops of whoever is short, which then raises the bid again, etc, etc...
-
04-16-2012, 01:56 PM #72711 Originally Posted by rcopadilla A short squeeze is when the market makers start to raise the bids, triggering the stops of whoever is short, which then raises the bid again, etc, etc... when it will stop ?
-
04-16-2012, 01:56 PM #72712
Spyros, Great analysis, I agree fundamentally with both time frames. I can't post charts due to NDA as I test FX SW platforms.
Does Ano Glyfada mean anything to you? I lived there for years in the early 80's. I just took some off the table (40%) at 3140 and will let the rest stop or float!
Holistic Method Euro Day Trader. Ask me how! Twitter Email
Call or Text +1-915-373-0118
-
04-16-2012, 02:02 PM #72713 Originally Posted by buggypilot Spyros, Great analysis, I agree fundamentally with both time frames. I can't post charts due to NDA as I test FX SW platforms.
Does Ano Glyfada mean anything to you? I lived there for years in the early 80's. I just took some off the table (40%) at 3140 and will let the rest stop or float! I know ano Glyfada my friend...what were you doing here??? I took like you at 3140 & 3117... no stop but my eyes wide open...
-
04-16-2012, 02:05 PM #72714
15min
Here's some 15min targets. There is one around 1.3223 that could get hit with the next few hours. That idea seem so preposterous just a few hours ago.
-
04-16-2012, 02:09 PM #72715 Originally Posted by Spyros when it will stop ? A short squeeze is possible when too many are going short. It stops when enough people have exited their shorts and there are not enough stop orders for the Market Makers to raid. Then too many bulls will step in thinking the rally will continue. Negative divergences sets up and eventually things reverses again.
-
04-16-2012, 02:10 PM #72716
Repatriation of the Eruo
Originally Posted by Spyros I know ano Glyfada my friend...what were you doing here??? I took like you at 3140 & 3117... no stop but my eyes wide open... I worked by at the University observatory (Pendeli) by day and traded metals (as a terminal operator order taker) for then EF Hutton at night.
The ECB is getting nervous with all this QE here recently, this may be more than a little squeeze here.
Looks to be a VERY bearish setup if true.
Holistic Method Euro Day Trader. Ask me how! Twitter Email
Call or Text +1-915-373-0118
-
04-16-2012, 02:12 PM #72717 Originally Posted by rcopadilla A short squeeze is possible when too many are going short. It stops when enough people have exited their shorts and there are not enough stop orders for the Market Makers to raid. Then too many bulls will step in thinking the rally will continue. Negative divergences sets up and eventually things reverses again. what causes it? manipulation?
-
04-16-2012, 02:15 PM #72718 Originally Posted by buggypilot I worked by at the University observatory (Pendeli) by day and traded metals (as a terminal operator order taker) for then EF Hutton at night.
The ECB is getting nervous with all this QE here recently, this may be more than a little squeeze here.
Looks to be a VERY bearish setup if true. I like you...
-
04-16-2012, 02:19 PM #72719
4Hour chart shows more upside potential
Initial targets are above 1.32
-
04-16-2012, 02:22 PM #72720 Originally Posted by Spyros what causes it? manipulation? A sharp move like this could have been the ECB doing some Spanish bond buying.
Trader, Gregory McLeod moderates the DailyFX Forum.
If you are a new user to the DailyFX Forum, or not sure where to get started, please go to: How To use the DailyFX Forum and Introduce Yourself! Section. I’ll introduce you to the community and point you in the right direction.
Please use the “Ask the expert” section to ask me trading questions or reply to me in this thread.
Webinar: Watch me Trade Live Tuesday, Wednesday, and Thursday at 5:30 ET/9:30 GMT in Pip & Run Trading Room.
For short term forex trading or scalping follow me on Twitter @gregmcleodtradr
|
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
English
Español
Français
中文
Deutsch
Italiano
العربية
Sverige
Ελληνικά
