EUR/USD smell

K

KS96

Currently @ 1.1780

It smells like a quick run up to 1.20...
Anyone else smells this?

(also, EUR/JPY ---currently 139.89--- smells like 142+)

Anyone short? :D :D :cool:
 
I do not smell that. I see very important technical levels at 1.1870-1915. So, I will short again and again until these levels will be broken. The daily chart is still downside. So I will wait until volatility will become lower to short again. ;)
 
Quote from Digsyman:

I do not smell that. I see very important technical levels at 1.1870-1915. <snip>
More...

Everybody can see that...don't be a sucker...:D :D :D
 
I agree. Posted this in another thread couple days ago.

11-21-05 01:53 PM

Long Again. @ 1727. Anyone else??


Target 1 = 1923
Target 2 = 2016

Might need straight jacket for this one.




Hoping some longer term shorts will finish squaring this morning for fear of a move up.
 
Right now with EURUSD back at 1710 is an excellent opportunity in my opinion. I know it's hard to imagine, but I think next week will see at least 250 ticks up next week. Could be more. I think evey dollar in the world was bought the last couple days. Must have been repatriating Turkeys or something. I think this is a critical level if it holds.

Happy Thanksgiving everyone. Let's hope it works out. :)
 
Quote from Digsyman:

I do not smell that. I see very important technical levels at 1.1870-1915. So, I will short again and again until these levels will be broken. The daily chart is still downside. So I will wait until volatility will become lower to short again. ;)
More...

This was a nice trade if you got short on the spike up Good call.
 
I do not see any reason to buy euro right now and right here. First of all, I like to have a rest on weekends and not to think about opened positions and worry about them. :)

I assume that upside correction looks very real because there interest rate decition planned on December 1. I guess it there will be a good chance to short after December 1 :) and I will do that!
 
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