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PipTrapper replied Dec 6, 2013Hey Rekon. We missed you here. I think we still see 1180, but then who knows.
EurAnalysis
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PipTrapper replied Dec 6, 2013It's normal for VIX to tremble a bit before event risks. Anything over 20 and I would start watching, but where it is now is not out of the ordinary IMO.
EurAnalysis
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PipTrapper replied Dec 6, 2013GBP is in the Twilight zone. The strength has come to an end. However, if USD weakens, then obviously we will see new GBP highs.
EurAnalysis
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PipTrapper replied Dec 6, 2013My thoughts are that if we break and hold above the 3830 highs, we're heading for 1.42/1.44 area... maybe even higher before the big fall comes. But yeah absolutely. I agree that next year should be very USD bullish and not so good for Euro across ...
EurAnalysis
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PipTrapper replied Dec 6, 2013Phone call transcript between Fed and BLS... Fed employee: Hello, Ben asked me to call and let you know about our dilemma. Apparently a good NFP number is going to put pressure on the FOMC to start tapering. However we cannot do that because then ...
EurAnalysis
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PipTrapper replied Dec 6, 2013Hmm tough call mate. Reduce your exposure coz if this puppy goes north in a hurry, you will not get the execution at 1.3685 and you will be slipped by many pips anyway... only for it to fade quickly to 3630 area for the next launch. I am projecting ...
EurAnalysis
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PipTrapper replied Dec 6, 2013Either close now or hedge it with an SL on the hedge below the low.
EurAnalysis
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PipTrapper replied Dec 6, 2013Hey Navin. Hope you enjoyed your holiday. Welcome back

Cable Update (GBPUSD)
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PipTrapper replied Dec 6, 2013ECB’s Nowotny says EZ recession is over inflation expectations stable no need for further action says every EZ country apart from Cyprus expected to grow next year fiscal and monetary policy must give growth a chance EZ competitveness assured ...
EurAnalysis
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PipTrapper replied Dec 6, 2013Actually they are both threats, but I agree taper is a bigger threat; specifically to periphery sov bonds.
EurAnalysis
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PipTrapper replied Dec 5, 2013Oh I know. That was just a joke. I was referring to pictures, not the chart. Have you noticed the strong double confirmed bearish divergence on the weekly chart? I do not see any bullish divergence or oversold conditions on any chart. It's hard to ...
Cable Update (GBPUSD)
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PipTrapper replied Dec 5, 2013And this would be impulse down for wave A of an ABC with C completing at a low 17xx area?
The Club!
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PipTrapper replied Dec 5, 2013
I tried to find 3 white "universal soldiers", but I could only find 2 and a black one. image Cable Update (GBPUSD)
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PipTrapper replied Dec 5, 2013With weekly MacD and RSX bearish divergences, I wouldn't trust those soldiers any more than I trust my dog with my dinner
The three soldiers pattern I would trust is the one that started at 1.4812 (Actual reversal... Not continuation) Food for ...Cable Update (GBPUSD)