However, I sold both of my units....since I'm treating this as a counter trend....Counter trends are tricky...most of us are trading Euro as a short..while I'm shorting it as a counter trend..EUR CAD has a bit more flexibility than EUR USD, though. ...

EurAnalysis

re EUR CAD ... Didn't mention that you need to buy two units at the ideal price that I set......you should sell the first one now...

EurAnalysis

1.35101 is the first resistance point on EUR CAD. But, from what I can see..it will probably go up before it goes down....so I'm just staying patient and watching... I mentioned earlier in the week that i would be buying into the Euro...so just ...

EurAnalysis

100 Pips... No price target...only price levels... Just testing the water on this one.. Selling into strength at this point..... I mentioned earlier that 1.35234 was an ideal time to short.... Next price level down is 1.35101....the goal is ...

EurAnalysis

Getting ready to cover Eur Cad....staying patient....Since i don't have a live feed of Italian Elections..not sure what's going on. Will not trade this one too much above 1.35113....as the Conservative party in Italy is most likely to win. ...

EurAnalysis

100 PIPS PER DAY...Love that name... I'm proficient at charting....perhaps a bit too much (lol).... My approach with this site is more about price levels... As Currency Man mentioned...fundamentals move the market....(except when they don't...lol) ...

EurAnalysis

Wait for 1.351....I always get in early....as I'm hoping for the trade to go against me......so that I can position the trade into another leg. keep in mind that I know exactly where my risks are.... If you are an observer and don't know how to do ...

EurAnalysis

This EUR CAD could go up to 1.35134....which is an ideal place to short it....I'm just testing it at this point...

EurAnalysis

sorry..I meant Buy into weakness...I tend to be a bit careless with my typing.

EurAnalysis

next price level is on EUR CAD 1.351...will probably sell it...and keep selling into strength....It's what I do..but into weakness and sell into strength...

EurAnalysis

71 traders now viewing...cool...EUR CAD..getting close..testing it out with a short stab.

EurAnalysis

Thanks Currency Man. Will check the link you sent. Seems like people are a bit reserved here...I'm a bit more outgoing, I guess...and also a bit careless sometimes..I hope to encourage your viewers to experiment a bit more... Trading is ...

EurAnalysis

I"m a bit surprised that there is no feedback right now. There have been 15 o 35 people observing and not a word. I would think that a site like this would be "throbbing" with interaction...but it's not...and this has been one of my frustrations ...

EurAnalysis

Interesting the EUR JPY is holding...hasn't covered the gap yet...as the saying goes "the market abhors a gap" I was long this one last Friday...and paid for it due to volume...but I don't hold these trades over the weekend...lesson learned...be ...

EurAnalysis

Been counter trend trading today..also some gap trading....right now in AUD USD long...short term scalp... Waiting for Eur to develop, pretty flat. Does anyone have a good live link to the Italian Elections live streaming? Also, any links on US ...

EurAnalysis

Hi Currency Man, Thanks for your excellent input. I use /DXY to follow the dollar. Eur/Usd seems to work as an indicator of Risk on or Off, but as you suggest, the Dollar Index is probably a better indicator and I need to watch Bonds more closely, I ...

EurAnalysis

EUR USD is currently on the top of my trade list. Will trade this as a counter trend bounce, depending on what Draghi says on Monday. I don't understand the way that feedback works on these threads. Do we just spew are views and wait for feedback? ...

EurAnalysis

I hate people that try to predict the market.. My guess is that you are flat right now... big talk...small balls..

AUD/USD - is it still risk adverse?

First of all..thanks for the post with no noise... Second...Aud Usd is pretty flat on the monthly charts.. However....the short term volatility has been profitable...Hope you've been trading it. The latest statements from RBNZ and FOMC has driven ...

AUD/USD - is it still risk adverse?

Wheeler says the RBNZ is ready to intervene on behalf of the kiwi if the need arises....your Abe impression needs work.. RBNZ's Wheeler appeals to bulls that starting to loose confidence. He wants investors to know NZD isn't a one-way bet. sounds ...

Aussie Trading Room and Cartoons Gallery