Maybe. (Greece is the wild card.) But it would be a damn shame to make a new high without collecting the stops below 1175-50 first

The Really Useless Thread

Prolly won't make it to 65 now after ZEW

The Really Useless Thread

That bounce just now there at 1329 was right on 50% of the daily ADR (using the monthly average). Lately it's been going to 75% of the Adr and quitting on up days. 75% is at 1365, which also happens to be the top of a London OR that overshot it and ...

The Really Useless Thread

This pattern is not a reversal pattern. It's a pattern that says when it's likely that a given higher high or lower low will get taken out. Like yesterday, when I posted I said that the pattern on the one hour said that price will attempt to take ...

The Really Useless Thread

What? Don't quite understand what you mean here?

The Really Useless Thread

Well the first part of it ( the H1 pattern ) in in play. It's a difficult to say at this point if it's played out because this side (the H1 side of the move) wasn't quite as perfect looking of a pattern as the H4 side was, but probably it wants a ...

The Really Useless Thread

Interesting article about the yield spreads url

The Really Useless Thread

About to talk about Greece

EURUSD

Speaking now. Said he will say a few words on Greece. Watch here: url

The Really Useless Thread

Draghi speaking now . Watch here url Says he is going to say a few words on Greece

EURUSD

Wonder if he's going to say anything about Greece. That would be a showstopper if he did.

The Really Useless Thread

I have two contradictory signals today. One on the H1 says we are going to take out (or at least try for) the high at 1295. The other says we are going to take out the low at 1156 (H4 signal). The H4 signal looks cleaner than the H1 signal. The ...

The Really Useless Thread

Which one do you use?

EURUSD

Nice post. Not bad for a country that used to think that real men played football (American-style) and soccer was for Eurowimps, and girls....

The Really Useless Thread

here url

EURUSD

Yeah but Jun 3 they told their clients to get ready to sell it: url (And you know what that means: they're buying it)

EURUSD

Additional hypothesis: The Goldman effect. Last week Goldman told its clients to get ready to sell the Euro - it's heading for parity. And by now the market knows when Goldman tells the muppets to do something you should do the opposite.

EURUSD

Well this is very interesting. Merkel comes out against a strong Euro and USD data is good, and neither of those is enough to hold the EURO below the bottom of the range longer than an hour. Conclusion 1: Somebody is definitely unloading dollars, ...

EURUSD

Perfect! Thanks!

EURUSD