Eur/USD

[achilles28]

Quote from 2cents:


wld you say there is still some strength to the recent eurusd upswing, a lot of strength, or we're about to reverse if we dont break above the monthly trendline?

IMO.

Upcoming major technical resistance points are thus:

1) 2225 off the weekly. (this may have already been hit).

2) 2357 off the weekly.

3) 2479 - monthly.


Long term bias is down (dollar appreciation), so on a confirmed move, one might consider piling it on.

A one or two day congestion around these points should be expected, i think.

 

[GlobalFinancier]

Quote from achilles28:

IMO.

Long term bias is down (dollar appreciation), so on a confirmed move, one might consider piling it on.

A one or two day congestion around these points should be expected, i think.

Whenever something breaks down in the short term and is at a bottom/reversal/top I see someone talking about how great/poor the long term trend is.

 

[2cents]

commenting is easy but... any views?

 

[achilles28]

Quote from GlobalFinancier:

Whenever something breaks down in the short term and is at a bottom/reversal/top I see someone talking about how great/poor the long term trend is.

That doesn't say much. Considering your doing exactly the same with your long euro calls.

If anyone could predict the market with the prophetic accuracy you claim, they wouldn't be posting here.

My short bias is based on nothing more than long term technicals. I could be wrong.

But I stand by my calls and will look for good shorting opportunities at these levels:

1) 2225 off the weekly. (this may have already been hit).

2) 2357 off the weekly.

3) 2500 - monthly.



If the market breaks 2500 convincingly, then hats off. But that doesn't mean i won't be long on the way up.

 

[achilles28]

Quote from Ivanovich:

I'm just wondering what happened to this guy.

Im still here. See my calls above.

I trade off weekly/daily technicals. So im not sure if my long term bias has much relevance to daytraders.

 

[kalzayani]

1.2250 to 1.1620 is targets range
GL

 

[Kastro_316]

Anyone else short eur/usd?

-Kastro

 

[newbby]

1.2150
1.2120
1.2085 1.2195
1.2240
1.2275 top is forming with m/t mom cross lower, below 1.2150 sees losses accelerate, look for pullback to 1.2070/90, upside test if over 1.2200

 

[illiquid]

Sticking my hand out to buy a few eur here, 1.2200 june futs.

 

[Prevail]

short the 12350 april calls.