No I don't open shorts, I have a long term target of 1.28 and until then I just constantly try to grow my long exposure by managing my longs (trying to sell some high and buy back more lower). In this case my long exposure grew to big today, so I ...

EURUSD only

This looks a bit like a rising wedge to me intraday, think I sell some of the excess longs I bought at 1.2105..

EURUSD only

Cool stuff how you do it. I am just happy that your 1.1930 forecast for today is off the table

EURUSD only

It rebounded nearly exactly at 90.37 (90.35 indeed), so let's see if this can be cracked now.

EURUSD only

nice one indeed

EURUSD only

A miracle how you keep winning with shorts in an upwards trend.

EURUSD only

Think this will be a nice wedge, good buy upportunity just above 1.2100 image

EURUSD only

Think 1.2100 is major support now while next big resistance is 1.2275. However, we first have to pass 90.37 in DXY, think this is also a big resistance. Not sure what this is in terms of EURUSD, probably 1.2150 or so. What do you reckon?

EURUSD only

Seems like these numbers are totally random. It's like wtf really. Or smart money just makes research for dumb money investors..

EURUSD only

What a bummer - in my view there is a very high probability of a sustained uptrend now for some days - this was definitely not what the FED was looking for, the process of thinking of thinking about tapering is off the table for now. Also it is ...

EURUSD only

Lol, got back in with my 20% long at a worse price but my overall position has huge profits so be it.

EURUSD only

Haha, true that. Won‘t buy back before the numbers anyway, glad I sold 20%, made some free cash available.

EURUSD only

Sold 20% of my longs as well in order to have some cushion. Will add back directly when report below 900k, otherwise I wait for the technical picture. If report is close or above 2mm I sell more.

EURUSD only

image 1110k is the shadow expectation. If the shadow expectation is met there will probably be a selloff followed by a slow but full retreat.

EURUSD only

Yes sure, that makes sense - but in case a 2mm number shows up we might see below 1.20s, so there is some known tailrisk here and someone who is very long can reduce a bit to be able to buy much lower just in case.

EURUSD only

For someone with huge long exposure it might make sense to close a bit before NFP. Just in case. Most wall street banks expect payrolls above consensus of a million, apparently big data based indicators are that strong. That said the shadow ...

EURUSD only

Hey Ata, where would you sell your long? Thinking of selling 10% as well before NFP, maybe at 1.2095?

EURUSD only

At around 1.2095 we reach the resistance through the Jan/Feb highs again.

EURUSD only

Finally you have the wedge in your chart

EURUSD only

Quite unexpected to see tapering headlines from EU side

EURUSD only