are u talking to me ? and for ur information euro was bulllish the whole week u just couldnt recognize that . and it was bullish thats a fact . and there is nuthing wrong with my attitude if u read my posts clearly . i only said the truth . and i am no police lol . i just follow the facts of the market thats all . euro always made higher highs and slowly proceeded to the upside while u dint even recognized it going up . gbp fell horribly that makes me alarmed for the euro . though when the facts change i change my mind . what do u do sir ?

I gotta admit that on other days, with this kind of Stock Market, the Euro would have been killed by now. Anyway, like Codyb said, lighten up. You're taking the Euro defense too far. On the other hand, some of the things you say make me fall off my chair laughing. Maybe you should keep your style.

__________________
Live Long And Prosper!
Rickos.

Because EUR/GBP went from 8763 to 8936.

__________________
Live Long And Prosper!
Rickos.

no euro it self rose against gbp , usd , jpy . euro it slef was bullish

. cant u just admit 1 simple fact . higher highs and higher lows is a signal to buy ? just tell me this forget everything else . and its ok we having fun in the forum lol

ahaha why would i get a heart attack ? when the euro will fall it will sure tell me lol . and i follow the facts of the market . no feelings no emotions no fear .

The problem is the number of times that reversal takes place with no warning, and it doesn't care about your highs or lows. And the higher EUR/USD goes, the greater the danger of this happening. When you were saying to go long at 1.3250, that's cool. But, now you're treading on water. And perhaps you're right, but the risk factor is steadily rising.

__________________
Live Long And Prosper!
Rickos.

Something interesting is in the air. I replace stop near. 13245. I was systematic and did not exit my long, I will be also happy to see break of this level, and will enter short position on this level with 1.3030 target. More dip targets also can be made, aroun1.25. but first of all we should break 1.3240 and then 1.29. I am still long

ok buying euro now is not a good entry nor i said it . buying at support is ok . and determining support levels is a traders ability . i have been posting previous support here but nobody llistens lol . dont know where will euro settle from now . but here is something i know . if the euro tops 13385 from now then its support will be 13350 . and then buying at 13385 will be safe with a stop at 13350 . but this is just a scalp strategy . but ok lets c what happens next .

interesting thoughts . but if ero broke 13550 then its major resitance in dailys will be taken out and road to 1.5 will be clear in the long term

I just shorted EUR/GBP at 0.8930. You have an opinion on that?

__________________
Live Long And Prosper!
Rickos.

yep you are right, with out broke of 1.3240 my bias are bullish. just to add some points about TL and 1.35

Attached Thumbnails

 

This is what I'm talking about. Everybody wants their butts covered.


18:47 EUR/USD: Too Much Of A Good Thing? New York, May 7th. EUR/USD is on the back foot this afternoon as US equities get the jitters ahead of the Stress Test results due at 5.00PM. Tech traders got towed around after the topside break, throwing buy on break systems long, and currently wrong. On the other hand traders that track the daily overbought Bollingers noted the presence of a cluster of overbought levels intertwined between 1.3425 for the 5-day, and 1.3464/67 for the 10 and 21-day M/As. Given the primary resistance line across the tops comes in at 1.3555, and tomorrow is payrolls day, discretion became the better part of valour for some. Subsequent price action has dragged the single currency back into the 1.3300/1.3400 mire, which is a bit like the Swamp of Sadness in the kids" movie "Never Ending Story" (a classic). The hero, Artreyu loses his mount Artax to the overwhelming despair of the swamp that sucks him under. Speaking to some FX traders lately, price action has left them feeling like poor old Artax despite all these "Green Shoots" we keep hearing about.
It seems the equity markets have been doing a bit of gardening themselves, paring back longs, the major indexes are down 1.3/2.9% - techies talking about a bearish reversal day if the S&P closes below 904 and the Dow below 8403 (currently 905.88 and 8399 respectively). At present they"re just lopping off some dead twigs, but a bearish close and they"ll be wondering if those green shoots are popping up prematurely. Payrolls are due tomorrow, and the market has convinced itself that the ADP data means that a "5" handle is likely (talk of - 570/-590k) the real risk is a surprise to the upside of the original forecast, - 620k. In the interim event risk for 5.00PM is driving longs to the sidelines, and the pair looks destined to close in the 1.3300/1.3400 swamp of Sadness, spot last 1.3375/80. Peter.Wadkins@ThomsonReuters.com

__________________
Live Long And Prosper!
Rickos.

Butts covered? What forum is this ?

Its almost Friday, we've had a bit of an up-week in equities and commodities and some other ies.
Time for a break, take your profits and run for weekend.
But we have not seen the high yet. More to come this month. See you next week.

GL

__________________
Guilder is not a DailyFX Power Course Instructor.

Show up, throw a piece of meat, and then disappear.

__________________
Live Long And Prosper!
Rickos.