Oh yes and it is the 38.2% Fib level of the drop since high yesterday... which means that bulls need to break it to be a bit more positive on the EUR

EURUSD

Yes 3160 is a very important level to take imo... so I am also playing it very cautiously. I am hoping for a break up... reason for 3160 is it is the H4 100MA, H4 R1, H1 R1 and M5 100MA... so there is quiet a bit happening here at the moment. Let's ...

EURUSD

Been long since 3130... We just need to get through 3160 area and then 3198 and the 3204-3206 area... I don't mind however to close above 32 today. Let's see how 3160 play out

EURUSD

And I am out at 3145 for the moment... I need to go on lunch which means I can't watch and rather TP... lets see maybe I can buy lower later

EURUSD

ok, fair enough, but my daily S2 is at 3161 and is the reason why I said earlier that I'd expected it to stop in range of 3150-3160... Which obviously it broke through... lets see how day pans out I have a small long from 3140

EURUSD

Well 3140 is my 50% fib level of the previous climb... Should this not pose a better support togehter with 3105 (61.8% plus some other strong support levels from past) than 3125?

EURUSD

I was initially eyeing 3150 myself since yesterday - well really I was more speculating that we needed another drop to about 3150/3160 (at that stage it seemed a vague possibility)... at the moment 3161 (daily support and 3150 is still on my map) ...

EURUSD

I'd Say if 3170 is not broken, then lets see how she deals with 3204/3208 and 3214 first... they are the Monthly and Weekly Pivots together with strong level 3214

EURUSD

Is there a divergence forming on M5, M15 and M30?

EURUSD

Don't worry Clogg... there are a lot of traders in here (that I can see at least) that stand whole heartedly behind your efforts!!!

EURUSD

Yip... Thanks Cloggie for all your input. ps... I am going to copy and past this so that I can always remember it (amongst other things that he taught me )

EURUSD

I reckon 1.32 - 1.3209 area at the moment... but still watching how she reacts

EURUSD

My initial TP was 1.3236 (basically here)... but I am uncertain myself at the moment

EURUSD

And out comes the measuring tape again... wait... how long is yours?

EURUSD

I can second this... ps. What happened to taratula?

EURUSD

What is your maximum upside to change your view? or will it stay this way for today?.. also how does Japan influence this decision who said this morning that they will interfene again if Yen strengthen too much?

EURUSD

Sorry... I thought you wanted me to show you where you went "against" Cloggie in the sense that he said up and you said down (i.e. against his call). None the less, I do appologise for including Infinitus in that statement as it appears he never ...

EURUSD

What statement in particular? Not sure I made any statement other than newer guys would rather want to learn how to trade on their own instead of some one telling them where to go long/short from? -or the statement that you won't get it? - if you ...

EURUSD

Hey Nestle... don't even bother to waiste your time with rattyo and infant... i'm sorry infinitus - they just don't get it... I (and I am sure I speak for most people here) are not interested in knowing necesarily where they think we should go long ...

EURUSD

Why would that be?

EURUSD