- Search Crypto Craft
-
pips4m3 replied Mar 11, 2015The SP500 closed flat (slightly down) today as expected on its inevitable march towards the 150DMA -> 200DMA/2000. I started to scale in shorts around the 1.05400 handle. Will add as I see fit. Holding for long term, not scalping. Money management ...
EURUSD
-
pips4m3 replied Mar 11, 2015There were talks leading up the the rate announcement that the NZ's economy outside of housing in addition to pressure from neighboring economies would prompt the central bank to hint at easing. This didn't happen.
AUDNZD
-
pips4m3 replied Mar 11, 2015Sorry to hear that man; we've all been there (at least I have). If you can withstand some drawdown, you might still be able to recoup some of your losses depending on your point of entry. At the very least, I like to think of losses as an ...
EURUSD
-
pips4m3 replied Mar 11, 2015There's always a chance equities could bounce back from these levels but I'm fairly confident they have a bit lower to go before the bounce. Every correction since October 2014 has resulted in testing the 150DMA, and back then, the macro picture ...
EURUSD
-
pips4m3 replied Mar 11, 2015EUR/USD touched 1.051xx briefly and immediately pulled back to 1.053xx-1.054xx. With NY winding down and SPX flat (as expected), we'll be consolidating at these levels. Meanwhile, the VIX continues it's march past 16.50 and I believe we will see it ...
EURUSD
-
pips4m3 replied Mar 11, 2015SP500 turned red and looking to close flat today. While entirely possible, I doubt it'll close down big today. Tomorrow will be a different story as we continue down to test the 150DMA and the inevitable 200DMA/2000. What does this mean for the ...
EURUSD
-
pips4m3 replied Mar 11, 2015Lots of chart posting, and so little discussion about macros and fundamentals.
What is the board's thoughts about a possible rate hike by the Fed mid-June? Yellen's in a bit of a pickle. Earnings have been flat to negative due to a stronger ...EURUSD
-
pips4m3 replied Mar 11, 2015I'd be super cautious going long on EUR/USD at the moment. Things are happening behind the scenes that I'm not quite privy to that could see this lower in the coming days. I think most people are a bit taken aback by the speed at which it's fallen. ...
EURUSD
-
pips4m3 replied Mar 10, 2015What a night! EUR/USD crashed through the important 1.07xx level and continues to move down towards parity. Check out the SP500; it also crashed below the 50DMA with conviction after yesterday's stall. There's still half an hour left to go in NY's ...
EURUSD
-
pips4m3 replied Mar 9, 2015Indeed. A lot of people have made a lot of money over the past several years while naysayers have been predicting a market crash. The adage "don't fight the Fed" rings true and clear
Opportunities like that and opportunities yet to come on the ...EURUSD
-
pips4m3 replied Mar 9, 2015Bulls lacked conviction during Asian + London + NY sessions. Risk themes are still in play and downward pressure remains on EUR/USD. Macro Snapshot - Oil rebounding off of today's lows - USD Index hovering around key technical levels, expected to ...
EURUSD
-
pips4m3 replied Mar 8, 2015First target of 1.08550 hit. I don't expect much action before London.
EURUSD
-
pips4m3 replied Mar 8, 2015My short term targets are 1.08550, 1.08820, and 1.09520, respectively. Despite the technicals, I doubt it goes any higher given the fundamentals.
EURUSD
-
pips4m3 replied Mar 8, 2015Looking to sell the retracement/profit-taking at around 1.08550 if it gets there. Also happy to stay on the sidelines if this target doesn't hit.
EURUSD
-
pips4m3 replied Mar 8, 2015Closed out my weekend short at the open. Waiting to see if a retracement is in the books.
EURUSD
-
pips4m3 replied Mar 8, 2015Not quite sure; I haven't checked but will next weekend. The quotes right now seem to be updating w/ a 10 minute lag so it seems legit.
EURUSD
-
pips4m3 replied Mar 8, 2015Currently at 1.08361 at xe.com, although I'm not quite sure how reliable those quotes are.
EURUSD
-
pips4m3 replied Mar 7, 2015I've been studying this pair, which is quite interesting because they're geographically and economically in close proximity to each other, particularly their trade relationships, especially with China, and carry interest. Given these similarities, ...
EURUSD
-
pips4m3 replied Mar 6, 20151) Continues to undermine own credibility Check 2) Employs selective reasoning and poor logic to support bigotry Check 3) Unable to articulate thoughts to effectively support point of view Check 4) Implies he is of higher class (not like them ...
EURUSD