Long EU 3111 (day trade) need to break through 3117 to attack 30

EurAnalysis

Oh I thought you were calling for 1.78 when EU was in 1.40s last year. I did misunderstand or just missed that 2015 part.

EurAnalysis

i mostly day/week trade so i really don't use this type of analysis that much.. only when a big trend has changed if you are going to be trading fundamentals and multimonth-year position trades then you kind of need to be able to predict at the very ...

EurAnalysis

Hmm... was it really? It was certainly possible until the EZ fail. Really I think this 1.80 scenario would only play out if we saw QE3 continue until sometime in 2015. The thing is this time it is different, the market will price it in month by ...

EurAnalysis

of course i'll take the price action as it is.. as for EW, it should not, doesnt meant it will not... i think it can still be valid because price action is never perfect. but its much easier to predict the market when we have historical reference ...

EurAnalysis

Nice chart Agreed with you on a possible retrace level. 1.30 will be tough to crack to the downside. True. Personally, I don't even think EW needs to be in a trend to work. It can work any time. It doesn't appear all the time but if it does ...

EurAnalysis

Well IMO technically you can call it bull now. I don't know why people think EU won't do what it has done twice in the past few years. But you are right above 1.35 TECHNICALLY it is full on bull Fundamentally it is already bull. Why? Because the ...

EurAnalysis

The only thing that could stop it from going higher while 80billion monthly is created (MBS and twist) is a Lehman like scenario in Europe where everyone panics for USD. Just look at your charts though from 2008 to now. If this is the start of the ...

EurAnalysis

You make a lot of good points here. However it doesn't matter that EU is fundamentally much, much weaker than the U.S. What matters it that the U.S. is bailing Europe out, essentially exporting Euro inflation to the U.S. As long as that continues no ...

EurAnalysis

Not many people have seen pre retail FX trading data... Well take a look at this chart. It's certainly possible we can go straight up... look at the bull run of mid 80s and the bull run early 2000s My eye honestly sees a move up to 1.60, then huge ...

EurAnalysis

Lol.. Really all Lehman to present has been is a correction in the yearly dollar bear.

EurAnalysis

Since this is more a long term thread I figured I would post this here. Assuming Ben continues the current policy from now until Summer 2014. I sure hope everyone closed or covered any remaining shorts they had the moment they heard the QE ...

EurAnalysis

sorry but history disagrees with you. you do realize the yearly trend of euro is up and dollar is down right? (i dont mean to be condescending) for that to reverse we need to have a great depression like scenario (which Ben won't let happen) anyway ...

EURUSD

You obviously don't.... calling me an idiot. How can you not remember Dec 2008. There was no need to call me an idiot. Just proving I'm not one by showing you it's possible... Hope we can move on from this...

EURUSD

hope you are just misunderstanding my horrible grammar and sentence structuring

EURUSD

dude chill out... first of all where did i say anything about a "call" you obviously haven't been trading long enough if you don't know what the fuck im talking about.. i could say you are a complete idiot for believing that its not possible, but im ...

EURUSD

I agree I have no clue what will happen. I book my profits daily. It's fun to speculate. I don't think by October that was Vachus. I think we could see 1.38 by January, which sounds a lot more realistic considering what we just went through. There ...

EURUSD

i think we are going to see it extend through 1.35 (not without a pullback), but certainly not by the end of october at 1.46. although its certainly possible and has happened before. 2000 pips in 10 days anyone?

EURUSD

and here is a speculative monthly chart i made from present until Summer 2014 fed sounding more dovish than ever before... all in good fun of course no one can predict whta happen.. but im pretty sure the dollar is going to be devalued more than it ...

EURUSD

this week going to be very interesting to see how price reacts at these levels. will it keep on charging? i think 1.35 EU is 78 USD (at least historically) FED changed everything, and this is potentially worse than QE1 and QE2, as they are currently ...

EURUSD