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Thanks to shortie and to the moderator ES for the information. It was helpful. E/U now at 1.4136. +102pips. Would longs take profits at this price? How deep would the retreat be in next 60 minutes or so (if there would be a retreat)? 1.4110? Update: now at 1.4150 area. shorts seem to be...

Could someone check if e/u traded at or below 1.4034 this evening? It is now at 1.4060.

Trading is a negative sum game, and therefore the vast majority would in principle lose on average. Lack of knowlege may hurt, but knowing what is in books does not necessarily lead to profits and may even lead to losses. I would pay attention to this, because in any other field where you...

They did it again. 1.4083 was the bottom, e/u now at 1.4210.:)

1.4132 was the top! Now it is at 1.4083 (50 pips in a bit mroe than one hour). .:) I would not be surprised if those who recognize things in hindsight may have now noticed it. I would further not be surprised if earlier short sellers would cover on them for some profits.

e/u at 1.4132. They were talking short at the latest bottom.:) I bet they have now noticed that it has risen. A question that comes to mind, would it turn around after sucking them in? I like "round" numbers like: 1.4141.

People who were bullish at the latest top are now looking at the short side with EUR/USD below 1.40 (900 pips lower from the top). There are even explanations of the fall (in hindsight) that started to appear! Is it time to study the long side? Should I look at the politics/religion...

e/u at 1.4320 area. Are the longs going to take their profits?

e/u at 1.2278. +52pips.

E/U at 1.2226 now. Will it rise later today?

e/u at 1.4188. How high would be the bounce?

e/u at 1.4226. :)

Any thoughts on the risk impact of EUR/USD going down on EUR/JPY? EUR/USD at 1.4375. The area of 20 pips from current price might see sellers blocking rise or even bringing eur/usd down.

Why not a better candidate such as Shortie? ShortieInBillOut :cool:

It happens! It is now at 1.4344. My models are telling me to short it, but not to expect much. What do you think?

My pleasure. You seem to be on a roll FJ! I wish you well :)

I plan to step aside.Since you asked, I try to answer your question below. Have a good trading,and I wish you well in your work. Thanks. The main thrust of the post is a quote from the post below listed in page...

1.4340 (down 600 pips from 1.4940). Would it be "ridiculous" if you were short? If you were to surrender to price would it be with your ten up or with your 20 up?

I think I know your rationale behind .4200. :)

Just read your posts, now. It was good!