Chinook's EUR/USD (E/$)Mumblings

Yea, I just sold some more at 111.25. Just building slowly. Chart has damage to it. However, could be creating a head and shoulders pattern with another leg up.
 
Chinook, how does the book look in ECZ4? You seemed to indicate it had a sell imbalance. Can you give me the exact numbers? This is something I rarely look at. Where can you see it other than on a trading platform (which I don't use)?
 
Quote from trade-ya1:

I'm saying hit my bid, champ. I need a Lotus to go with my Bentley.

Glad you're feeling so confident.... I'm still looking for more consolidation. Containment under 30/40 and target of 2830/2800.

I'll change my tune if 2960 is broken.
 
Quote from trade-ya1:

I'm saying hit my bid, champ. I need a Lotus to go with my Bentley.
You believe you're going to single-handedly move EUR/USD past 1.3000.

Good luck with that.

fxs
 
No, the whole world will help me as they have been for many months already. Typically, I like to buy first and then let everyone else buy after me. Just my preference. :)
 
Yes, I'm concerned about that. However, that's what has caused the choppiness that we've seen in the last few sessions, weeks, months. Otherwise, EUR would just go very smoothly to 1.35+. Overall, the $ weakness is so pervasive and pronounced across all currencies, EUR has no choice but to follow the plan regardless of the number of Spec. longs. The real backbone toward a weaker dollar is in place. Retracements are inevitable but should not be very deep in light of the $ revolution that is going on at present. Condition can also be corrected by sitting and having spec. players give up. I don't think anyone on this board has been pounding the table today that the EUR will go up. Most seem to be expecting little movement-possible retracement. This is what I look for to get very long. Nonetheless, I always have contingency plans in place and will admit if/when I'm wrong.
 
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