what do you guys make of EUR/USD?
- Thread starter sKaLpZ
- Start date
skepticaltrader
Guest
Does anyone see an end of a 4th wave in an Elliott wave sequence on the Daily charts? The 5th wave is down below the last low, but should take some time to get there.
I'm not much into Elliott wave patterns, but those people that are should see this very clearly.
Bottom line, the Eur/Usd is going lower, at least in my opinion.
I'm not much into Elliott wave patterns, but those people that are should see this very clearly.
Bottom line, the Eur/Usd is going lower, at least in my opinion.
It's expensive when you're wrong, is all I'm saying
The "higher it goes, the more I want to short it" attitude is a killer every so often. But I probably put you on the wrong time frame you trade on when you say "go back up", given the above, so I guess misinterpretations both ways. Nope, I didn't even realize we went anywhere in eur this week. But apparently you'd like a pat on the back for your efforts. There you go!Are you the guy writing my checks?
That's why it's your opinion 'Cause I don't share it.
As for this round, I shorted again at 1.2250 with a tight stop at 1.2267, but got stopped this time. However, a 17 pip loss is nothing when compared with the several hundred pips shorting. And if it breaks the pivot again, I'll continue shorting it.
And saying "We've gone nowhere" is rather interesting considering the chop the last few days, no?
'Cause I don't share it.As for this round, I shorted again at 1.2250 with a tight stop at 1.2267, but got stopped this time. However, a 17 pip loss is nothing when compared with the several hundred pips shorting. And if it breaks the pivot again, I'll continue shorting it.
And saying "We've gone nowhere" is rather interesting considering the chop the last few days, no?
I hate to be the odd-ball out. However, I am a strong buyer of EUR here expecting significantly higher EUR prices in the coming few weeks. I may load up on some knock-in options as well to supercharge this trade. I may have been the one writing checks to Ivan, however, I really in it for the year-end bonus.
I shorted at 12274 on the Euro Currnency futures. I wanted to add that I follow the spot market but place all of my trades through the futures.
On the spot, i have noticed the .2230 as a key level. If we can break this on the downside., I am looking for it to move to .2160 in the next couple of weeks. Also, it seems that there is a huge fight between buyers and sellers at the 2250 mark on the futures currency.
Of course, this is just my opinion.
BTW, can anyone suggest any Forex books with quality information for technical and fundamental anaylysis.
Good luck trading!
On the spot, i have noticed the .2230 as a key level. If we can break this on the downside., I am looking for it to move to .2160 in the next couple of weeks. Also, it seems that there is a huge fight between buyers and sellers at the 2250 mark on the futures currency.
Of course, this is just my opinion.
BTW, can anyone suggest any Forex books with quality information for technical and fundamental anaylysis.
Good luck trading!