EUR/USD - Page 288

Your 4H R2 is pretty spot on, thats the bogey.
 

yep so are a few others there..

there is more than one way to calculate pivots

mjoke R2 resistance solid.

Closing trade at 1.2962 with some green, enough to buy some lunch! woohoo!

well.. free lunch right? better than starving! :)

Saw you close.. 2m or 20k .. lol

Quote:

Originally Posted by mjoke 

well.. free lunch right? better than starving! :)

 

Saw you close.. 2m or 20k .. lol

Yeah, thats how I role..

Quote:

Originally Posted by StockJock-e 

 

Yeah, thats how I role..

 

 

 

 

We have a big uptrend in the works.

nm

Anyways.. waiting on this apex to complete on the USD and then we will get a slight covering..

Rinse repeat.. will revisit at 1.30..

Quote:

Originally Posted by BobK 

Quote:

Originally Posted by StockJock-e 

 

Yeah, thats how I role..

 

 

 

 

 

We have a big uptrend in the works.

Loading up the truck and to da moon

Long since early yesterday at 1.2970

this is just plain out irrational now.

No one can determine direction, .. its a guess more than TA or anything of the sort.

Yep, no position here until somebody makes a move.

dunno what you mean by somebody.. when its data and the stupid bastard middle east hedge funds messing things up.

Turn the desert into glass i say... eh

eventually there will be no one else to short.. as everyone is..

Still downside to be priced in imo.. Still looking at my 1.10-1.12 target.

LOL.. that will happen next year.. I have a 1.20 but im not that bearish man.  ive seen results for parity as well, but really.. i cant envision that happening overnight or within a week or two, unless hell freezes over. I dont know what more there should be priced in, when really its taken everything into account pretty much..and you have other crosses which prevent a extreme dive as it would effect other countries as well.

If greece has another election expect a market rally for 3-4 weeks and then a possible disbandment in 6-8 months.

Quote:

Originally Posted by Jamesw 

Still downside to be priced in imo.. Still looking at my 1.10-1.12 target.

Quote:

Originally Posted by mjoke 

LOL.. that will happen next year.. I have a 1.20 but im not that bearish man.  ive seen results for parity as well, but really.. i cant envision that happening overnight or within a week or two, unless hell freezes over. I dont know what more there should be priced in, when really its taken everything into account pretty much..and you have other crosses which prevent a extreme dive as it would effect other countries as well.

 

If greece has another election expect a market rally for 3-4 weeks and then a possible disbandment in 6-8 months.

May be longer than a year lol.. Yeah I mean I am looking at a test of 1270's throughout the summer. I am just bullish on the dollar I guess..

I realize there is a head and shoulders inverse pattern setting up on the weekly, but that's a fools game imo.

well HS are 50 50 as some of them complete and some dont. Might not be a fools game, as bigger fish have alot more to lose if it declines than the smaller ones.

Long term yes bearish, .. but short term.. we will see spikes..  When something dies, it just doesnt die, it twitches and is in the death throws... and you can expect Germany to fight to the death to not allow countries leaving.. oh only if they could invade lol.

Come june ill reassess but i dont expect anything massively destructive yet.

Quote:

Originally Posted by mjoke 

well HS are 50 50 as some of them complete and some dont. Might not be a fools game, as bigger fish have alot more to lose if it declines than the smaller ones.

Long term yes bearish, .. but short term.. we will see spikes..  When something dies, it just doesnt die, it twitches and is in the death throws... and you can expect Germany to fight to the death to not allow countries leaving.. oh only if they could invade lol.

 

Come june ill reassess but i dont expect anything massively destructive yet.

Yes you are right. Looks like there could be some bouncing very soon, it's just very hard to pin point the bounces at this point. There is a lot of reward to the downside and price is having an easy time navigating in that direction for now.

Caveat..there are other inherit crosses and attributes which go into a decline...and fibs beyond 100 go 127%  161.8%  and so on same thing on the other side of the 0 line in essence and then becomes a negative.  But works either way i guess, just a label in the end.