Some long term food for thought? 1.4750 possibly a monster wall.

EURUSD

From June 2006 ( eurusd was ~1.20 area ) till it's all time high at 1.60 took about 2 years in the best economy we've had in decades (or so we thought). Then we go through the worst recession in over 70years. Somehow we've recovered well over half ...

EURUSD

The beautiful thing about this is that the big guys know the psychological toll it's putting on a lot of traders right now....we will never go down, we're going straight to 1.50+ etc. Just think about all the trailing stops being pulled up from ...

EURUSD

1.4645 seems to be the place to short in my honest opinion. Take a look at the charts. Huge divergences 150% retrace at 1.4645 Along with the other reasons why.

EURUSD

Yea it's pretty clear we're being driven by stocks. Although not hitting new highs in eurusd is a good sign that maybe the euphoria is wearing thin. It'll be an interesting end of month and October that's for sure. I'm also waiting on China to start ...

EURUSD

My technicals tell me it's extremely overextended and bounced at 1.4636 on the hourly many many times. Now that fundamentals agree, I'd focus on your stop loss. If anything, it's going to take a few weeks if not months to get that high. ...

EURUSD

With it coming to the middle of September and the end of the quarter, I'd assume all this run up is because of gold/stocks and some positive info stuck in between. Also the big boys needed to book/show profits and padding their performance numbers ...

EURUSD

Just a few excerpts I've been seeing: EU says that Poland may be the only member to post GDP growth for the year 2009. Global Macro Theme: Go Short Export Dependent Currencies in the Wake of a Possible Trade War Between China and the United States. ...

EURUSD

Who in their right mind hits the buy button at 1.4612.....

EURUSD

Check out what happened the last financial crises .....should still be on your daily screen.

EURUSD

I agree and I'm not necessarily speaking about todays action. It's the thought behind the trade that I'm after. They're putting a lot on the line in a counter trend trade in the face of a train. This also shows me that they are not only looking at ...

EURUSD

So if two very large countries/banks are selling a TON of eurusd (more then usual I'd imagine and both at the same time) couldn't one suspect we are in for a very long fall as they would not be holding those positions and take that kind of risk for ...

EURUSD

Your guys give you a time frame? I'm really interested to see how 1.4620 reacts. In my head I see a spike up to it before news and a deep retracement from there with possible targets in the high/mid 1.43's (1.4347 is also 61.8% retrace from lows of ...

EURUSD

With all the supply in oil (BDI) and the summer being over wouldn't one expect oil to fall? Opec meeting is tonight, and some head hancho said he was happy with 70-75 (does that mean true value could be well below? hrrmmmm). What's your short to mid ...

EURUSD

Also looking in the 61.8% retrace at 1.4620 ..... If we don't get there this week or next that should be a huge sign for bears. Can the market be up for all September AND October? There's nothing that's stopping it from reaching that point (it's ...

EURUSD

Consumer credit was a RECORD LOW and the EurUsd soars? Everything is lovely? That is one of the reasons why we're in this hole to begin with.....why was it just shrugged off?! That just doesn't make sense. Looking at the dollar index the 78.6% ...

EURUSD

So Fisherman you feel like this is just a spike to gain momentum to break down <1.420 ? There's an expanding wedge I'm looking at and it's hitting some pretty firm resistance here. Time will tell....

EURUSD

Do gaps in the USDX always fill similar to forex?

EURUSD

I think it was, the market can stay irrational longer then you can stay rational. And the market will stay overbought as long as some fool is willing to buy it at a higher price. We'll see if that's above 1.4450

EURUSD

That's usually how it goes man. It's better to learn it the hard way though. Still waiting patiently btw Where'd you short?

EURUSD