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    • PayTheLimit replied Dec 6, 2010

      I saw your posts from last night. I'm just not convinced that the currrent move is down yet. I think this hourly bar is key, close under 3343 and I'm with you. Bounce back above and I'm not. Good luck PP... ps, 15min is showing some decent weakness ...

      EURUSD
    • PayTheLimit replied Dec 6, 2010

      Yes, I favor long setups too. Would like to see 3343 hold again on the hourly. If not I could just as easily start looking for shorts down to 3299 then 3246. I'm on the sideliness for now...

      EURUSD
    • PayTheLimit replied Dec 6, 2010

      GM sisse, I'm not very good at reading the daily. I agree the these highs are important though in the longerterm trend. All I can tell you is on my hourly resistance starts thining out after 3413/33 rather quickly. Good luck today. PTL

      EURUSD
    • PayTheLimit replied Dec 5, 2010

      On the 15min, we are also near that NFP close, 3332. Bears would like to some closes inder there. Bulls will run into some resistance 3380/83, before they aim for the highs. Hope we see some action in London, good luck PTL....

      EURUSD
    • PayTheLimit replied Dec 5, 2010

      For monday I'll be looking back at the big NFP bar for clues. I expect good support starting at 3343. A close under 3246 on the hourly and the bears are back in charge. Above the market I'll be watching 3433 and 3473.

      EURUSD
    • PayTheLimit replied Dec 5, 2010

      Just a little heads up on the CME closing price discussion. The 1.3378 is the settlement price taken from the 2pm pit closing range. So while it did not trade there, the settlement price is always the last print.

      EURUSD