Anybody watching EUR/USD and GBP/USD today?

O

operator

These pairs are going nuts. They are ripping. I just caught 50 pips in the GBP/USD in 30secs and all of my trades today are winners....
 
Quote from operator:

These pairs are going nuts. They are ripping. I just caught 50 pips in the GBP/USD in 30secs and all of my trades today are winners....
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That makes me want to go short:D
No harm meant,
 
I did and I made myself a few good pips, I traded the pair for only two hours in the 5M chart and got 230 pips. I usually trade longer time frames but with such an excited market I’m fearing it will retrace any time without prior notice.
 
Quote from KrispyKreme50:

Today may very well be the top for EUR/USD (short term top).
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Been trying to short but there is still some strenght. Got in and out many times after the close, now short @ 1.4430, stop 1.4459, target 1.3955. I'm most probably not going to hold till there.
It is very stuborn.
 
March Euro be going to 1.4919!

Holmes!

Sorry, I have to learn to paste from my DTN feed. I have a nice monthly chart of the Euro future going back several years.

Euro just broke above key monthly resistance of 1.4113 and this level may now act as minor support.
 
I have a 50% retracement in Eur/Usd at around 1.4350. I think the move is done for now. But it will not fall quickly, prepare for a couple weeks of sideways action, then a move back to 1.35 area.
 
Quote from RiceRocket:

But it will not fall quickly, prepare for a couple weeks of sideways action, then a move back to 1.35 area.
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It might hit 1.35 on monday, ha....
 
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