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PipTrapper replied Oct 3, 2011Quick note — Hi everyone, I thought I would take a look at how my short positions are doing and what I saw on the charts just made me give my head a good shake. It seems we have landed on the 1.32 support. However, price was not rejected but ...
EurAnalysis
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PipTrapper replied Oct 3, 2011Welcome Bujang and I am glad this thread has helped you understand the markets a bit better. Keep it up and you will soon see your hard work paying off. Congrats
Rod, I'm afraid I am out of steam and out of time for today. I have been in ...EurAnalysis
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PipTrapper replied Oct 3, 2011Last chart for today, then I'm off to relax.
This is the H4 chart from my live account. As you can see, price has extended down to falling channel support which coincides with the 161.8% fib line of last week's upward correction. From here I ...EurAnalysis
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PipTrapper replied Oct 3, 2011Copy/Paste from zerohedge.com — The EURUSD as expected, is now in free fall mode, following a plethora of statement out of place, after coming ECB head Draghi says the bank in Europe have funding problems (aka a liquidity crisis), the Finland ...
EurAnalysis
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PipTrapper replied Oct 3, 2011Updated live account and analysis account H1 charts Looks like we have found channel support. Let's see if it holds there. Moved my sell limit down a few pips to 1.3500 .
EurAnalysis
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PipTrapper replied Oct 3, 2011Last week I got in at 76.46 and took 57 pips with 2 standard lots.

EurAnalysis
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PipTrapper replied Oct 3, 2011Hi Pbh, Thanks for your analysis. I will be waiting for a confirmation of an intraday bottom before I start recalculating how much of a bounce to expect but we're pretty well on the same wave length. Cheers
PTEurAnalysis
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PipTrapper replied Oct 3, 2011Yes Blobik, the euro certainly is a lot more bearish than we are today. Although I fully agree with you aqeelaputra, that if 1.3180 is broken, we will see the euro accelerate downwards, I do not see that happening today. But then what the heck do I ...
EurAnalysis
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PipTrapper replied Oct 3, 2011Well yes, you do have all the tools in your platform. I have nothing special installed. It's just trend lines, fib tools, shape tools and horizontal support/resistance lines. These are all placed manually on my charts and manually adjusted a few ...
EurAnalysis
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PipTrapper replied Oct 3, 2011The southbound EUR/USD train looks like it is getting ready to leave the station. Next stop 1.3260 possibly followed by 1.3200 Let's see what happens. EDIT: 1.3200 by NY session end will land us on falling channel support. that is where I expect a ...
EurAnalysis
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PipTrapper replied Oct 3, 2011Careful here with shorts. Now sitting on falling trend line support (FTL-3 on the chart) at approx 1.3290 and intraday support at 1.3285. .
EurAnalysis
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PipTrapper replied Oct 3, 2011Great! Unfortunately for me, not enough to trigger my sell limit
LOLEurAnalysis
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PipTrapper replied Oct 3, 2011aqeelaputra, Thanks for your thumbs up and welcome to EurAnalysis. I assume you have already had a look at page 1 and familiarized yourself with the objective and rules of this thread. If you haven't done so yet, please click here. Looking forward ...
EurAnalysis
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PipTrapper commented Oct 3, 2011By the way, that was Dalton McGuinty, leader of the Ontario Liberal government (circa 2009) who made that statement. A bit myopic, don't you think?
To fix the US economy, first fix the housing market
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PipTrapper commented Oct 3, 2011That's politics for you. The attitude goes something like this... "We are here to address the problems we face today. Any problems that may arise out of today's solutions in the future, will be the responsibility of future governments to resolve"
To fix the US economy, first fix the housing market