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Kyen replied Oct 31, 2008Wow I cant believe there really wasn't a huge spike after the news.. I guess it wasn't what the market expected but its still a cut though.. any ideas?
EURUSD
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Kyen replied Oct 31, 2008But Psi - like your post before, the EUR shot up on expectation of USD rate cut. After cut, EUR shot up some more which further weakened the dollar. I can see carry trade pairs shoot up because they'll be getting more rollovers, but i just cant get ...
EURUSD
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Kyen replied Oct 30, 2008neckline level — Can you guys clarify where you are identifying the neckline price + shoulder price?
EURUSD
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Kyen replied Oct 30, 200815m — Ok folks, SHORT @ with stop at 1.2860 // TP: 1.2650 Wait for news, and sell with final TP around 1.2400
EURUSD
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Kyen replied Oct 30, 2008well let me ask you this, where do you think price action will go to before the rebound?
i have some speculative thoughts but would love to hear what you have to sayEURUSD
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Kyen replied Oct 30, 2008Ticker — What are you looking for in AUDUSD? IM just looking for short carry and eurusd
EURUSD
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Kyen replied Oct 30, 2008cheers, got in 2 standard lots, closed out at 40. are you waiting on the 2800 break also? Japan is priced in for .25 bps basis cut tonight. if it cuts, i think initial reaction for a massive selloff - which will eventually start a carry buy frenzy.
EURUSD
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Kyen replied Oct 30, 2008break — im guessing you saw that diagonal break eh? im short at 72 with target at 30 as well
EURUSD
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Kyen replied Oct 8, 2008Not too late to jump onto the EURJPY folks, I held it long and the retracement has just begun. Cheers.
EURUSD
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Kyen replied Oct 8, 2008Your shorting it till it tests the next support which is 1.3535. I just went long GBP/USD and will be looking to long EUR/JPY(maybe EURUSD as well) to scalp a 30-40 pip retracement.
EURUSD
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Kyen replied Oct 8, 2008Kasper, keep an close eye on it, its in a technical consolidation period right now and is a great time to scalp. Set tight stops and protect whatever profit you can get, lets enjoy some good short profits
Cheers.EURUSD
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Kyen replied Oct 8, 2008I know what you mean Kasper - however you need to keep your eyes on EURJPY and USDJPY movements for they have similar correlations. EURJPY broke past its support, and as I type, so has EURUSD
EURUSD
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Kyen replied Oct 8, 2008Absolutely. it just broke the resistance line on the 15 min chart, next support price to be tested is 1.3545.
EURUSD
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Kyen replied Oct 8, 2008Went short on EURUSD as well, looking for a good ride on that. Be careful with your USDJPY - I don't see that hitting 101.43 after the joint intervention. 103 was its grace price yesterday, looks downhill till 93 before another invention, then its ...
EURUSD
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Kyen replied Oct 6, 2008Few things to look out for folks. Tomorrow will be interest rate decision for AUS as well as JPY. In my opinion, Aussie should be cutting 50 BPS while JPY leaving it unchanged. GBP meeting on thurs regarding their interest rates which surely will go ...
Cable Update (GBPUSD)
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Kyen replied Oct 6, 2008IMO — Folks, EUR broke a major support today 1.3500. I figure that after a short term uptrend to book profits, Asia markets will be relentlessly selling off when it opens in the next 4-5 hrs. Short term target: 1.3375
EURUSD
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Kyen replied Oct 6, 2008Shorting till 7200 — With the asian markets kicking in, in about 4 hrs, I dont see any reason why cable will have a problem pursuing a downtrend after this this small uptrend wave ends.
Cable Update (GBPUSD)