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- todstars2 replied May 17, 2012
Adding to my short here 1.27 A close above 1.275ish at 4pm est would signal a coming change in trend possibly.
EURUSD
- todstars2 replied May 17, 2012
Im keeping an eye on the 1.261 level. This is a good breakout to next leg down.
EURUSD
- todstars2 replied May 17, 2012
Greater than 5% into the move you should wait for a pullback. 3% plus is the time to pull the trigger. Some of the other x/USD pairs are still within range for a short.
EURUSD
- todstars2 replied May 17, 2012
If you go short one of the pair, you are going long the other. EUR short, long USD
EURUSD
- todstars2 replied May 15, 2012
Ummmmm, looks to me like today was PROFIT TAKING all day long during the US markets. Distribution, risk instruments going from strong hands into weak hands all the way down.
EURUSD
- todstars2 replied May 15, 2012
Previous Accumulations began here in January 2012 and September 2010
EURUSD
- todstars2 replied May 15, 2012
as I see it the short trade a bit long in the tooth. Long above 1.26 is a no brainer until it's not and that will be when it sinks below that level(1.26).
EURUSD
- todstars2 replied May 15, 2012
the girl that does that is a crack whore that has spotted her MARK... ;-) Seriously LoL!
EURUSD
- todstars2 replied May 15, 2012
You have it right, sort of... Put another way...Those who Accumulated at higher and higher prices on the way up are now Distributing on the way down. No conspiracy against retail traders just against the ignorant, uneducated masses HOPING to get ...
EURUSD
- todstars2 replied May 15, 2012
the thing to watch for now is the arrival of "SUDDEN GOOD NEWS". Short squeeze in the making.
EURUSD
- todstars2 replied May 15, 2012
EUR Cheap — With all due respect, I beg to differ. Support around 1.28 to 1.266 still holding. EUR is dirt cheap at this point and thus presents a good risk to reward opportunity with minimal downside risk to the stop loss. Other majors ...
EURUSD
- todstars2 replied May 14, 2012
Support @ 1.281 — So far so good for 1.281 support Nice if it makes it through the night to Greece answer to the 430m loan payment tomorrow, if any.
EURUSD