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Rag2RichesFX replied Sep 14, 2012beautiful no 30m or higher closes above the 38.2 fib. not that that means anything significant at all for the bears. just pointing it out. in a normal market reaching that red line on the H1 is almost unheard of usually the green line and typically ...
EURUSD
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Rag2RichesFX replied Sep 14, 2012the reason this is so dollar bearish is because the fed is going to keep stimulus going even after we show signs of "recovery" they dont want stagflation or a slip back into recession. the good news is we can hang on his every word at FOMC and we ...
EURUSD
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Rag2RichesFX replied Sep 14, 2012Yup and we are still working on 1m TF.. we have been the entire move wait until 5m buyers and we see another surge
EURUSD
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Rag2RichesFX replied Sep 14, 2012How far do you think? I don't even think I want to sell at 1800. Maybe a little bit hoping I can buy back cheaper. But I think its going straight to $1920 or maybe even psych $2000. But it may take a while yet. Every month after FOMC it will move up ...
EURUSD
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Rag2RichesFX replied Sep 14, 2012It's ALL bull technically as well
And my chart agrees with those levels.EURUSD
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Rag2RichesFX replied Sep 14, 2012market is pricing in fed balance sheet expansion as fast as it possibly can. i dont know how far that puts EU though, i dont run any numbers like that..
EURUSD
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Rag2RichesFX replied Sep 14, 2012honestly.. how can you still holding shorts not give them up the moment you heard QE3.. i had my finger on the trigger and added to long position the moment i saw it pop $1.00 in 2 seconds (added $33.60)
EURUSD
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Rag2RichesFX replied Sep 14, 2012euro benefits more from dollar weakness, especially after it being very low levels and extreme net short
EURUSD
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Rag2RichesFX replied Sep 14, 2012thats a perfect area, 38.2 fib with current momentum can reach there no problem DXY 78 we will finally see a pullback, maybe 78.40
EURUSD
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Rag2RichesFX replied Sep 14, 2012agreed its the perfect spot but QE.... once we get above this purple line it is full bull. EU monthly
EURUSD
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Rag2RichesFX replied Sep 14, 2012offers @ 1.3080 momentum probably too strong for that to matter though
EURUSD
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Rag2RichesFX replied Sep 14, 2012its too cheap
we will see some stall @ 1.35 but i suspect that will break eventually tooEURUSD
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Rag2RichesFX replied Sep 14, 2012Euro rallying more than dollar is falling since the recent highs/lows
EURUSD
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Rag2RichesFX replied Sep 14, 2012near 22 actually. i thought that 5m bearish engulfing meant something. lets see if we cant make HH this is exactly why i always take quick profit when counter trending.. it always is gone very quickly
EURUSD