Its a Bullish flag, will it break to the upside, remains to be seen.

EURUSD

You know, I hope the readers on this forum really pay close attention to your posts, you really a wealth of great knowledge.

EurAnalysis

Yep, you really do gain a wealth of knowledge reading Cloggie's posts, his hints are invaluable, have definitely made me a better trader.

EURUSD

With all that Hopium out there, maybe we can retrace yesterday's entire decline. lol

EURUSD

I hedge the same way.

EurAnalysis

If you want to lose money really quick, you read Dailyfx, those guys are real maroons.

EURUSD

That's what makes a market, everyone has a different opinion, and we take different sides on our trades, I have no idea what the range is, I just don't see the Euro dropping like a rock until next year. I think it will be well bid in the low 1.34s ...

EurAnalysis

Well I've been buying this all up, I'm expecting to range through the end of the year, figure we can get enough headlines out of Europe and with US markets down again after yesterdays close for the year, you know those stock are looking super cheap ...

EurAnalysis

Italian Bond auction yield 6.087%, US money managers with be frothing at the mouth to buy stocks in the AM with a number like that. lol Gotta love Hopium.

EURUSD

Gotta love that Hopium!

EurAnalysis

I don't buy that rumor, I'm long now, but will be selling the rallies.

EURUSD

She just popped her head over the 61.8 daily fibo from the last move up from 1.31, I think a retest of the .50 fibo could be possible, but I think that's the extent of the retrace down, although when you're high on Hopium, who knows what can happen.

EURUSD

Hey, I've been long right along with you, however, I do think 1.42 is highly, highly unlikely. You never know, but I think the Euro will be well, well sold at 1.38ish assuming it gets there, I'll be out of my longs well before then.

EURUSD

If you believe market rumors, apparently sovereigns are buying the Euro here, a German bank and middle eastern institutions.

EURUSD

I've got my TP at 1.3690, but I will probably manually close it at 1.3645 if we get there, and I'm not sleeping.

EURUSD

I can only imagine the euro relief rally if somehow the yield went to 6.99.

EURUSD

Still a lot of Hopium in the tank I see. lol

EURUSD

Its still so early, but S&P futures are only slightly negative right now, could be a rebound in risk tomorrow, in a few short hours we'll know.

EurAnalysis

Wow, impressive call. I'm just shooting for 1.3690, but I like the big thinking!

EURUSD

I'm enjoying it, can't believe that Bachman or Perry have any support, clearly clueless.

EURUSD