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- Sunsi replied Feb 8, 2011
We got a good 15min candle there. Larges move in about 4 hours. And completely Bearish. Do you have a daily TP or what is your plan
?EURUSD
- Sunsi replied Feb 8, 2011
Looking forward to NY open. CNY bank holliday,that`s a good reason for why USD have not gotten it`s boost from China rate hike quite yet. But I expect it to come. If not I will feel like a muppet in this FX-market..
EURUSD
- Sunsi replied Feb 8, 2011
Testing the High now. Would like to see a sharp recetion here to hold on to this short. And 1h close under 1.3644. If not I am out.
EURUSD
- Sunsi replied Feb 8, 2011
If they allready know, I don`t know. But I don`t think so? Bad news that makes investors less likely to do risky bets, is likely to help the USD!

EURUSD
- Sunsi replied Feb 8, 2011
In what timeperiod are you aiming for that target? Gl with your trade

EURUSD
- Sunsi replied Feb 8, 2011
Wait and see when NY session starts
Likely to make one more go at the top, fail. And drop. Why: ? China raising rates = Risk off -> Boost dollar Bad numbers from German -> Bad for Eueo. Conclusion : Bad for Euro, Good for Dollar.EURUSD
- Sunsi replied Feb 8, 2011
Will be exciting to see where this 1 closes. Under 1.3627 would be a nice confirmation. So far the @ 23.6 fib hold at 1.3627. I am sure there are some profit taking and intraday traders who traded that level. A 1h close under that level and I am ...
EURUSD
- Sunsi replied Feb 8, 2011
This should be what the Euro needs to drop! Those news, and the China rate hike! If Euro can strengthen agains that.. Well Then I am lost.
EURUSD
- Sunsi replied Feb 8, 2011
How much do you think the rate hike will effect the EU? Peronaly I expect atleast a touch of 1.3593 again. Very bad news for Euro, and also the rate hike! How could anyone make that into a bullish view?
EURUSD
- Sunsi replied Feb 8, 2011
Hehe, ya cool sentence
I will be surprised if this news dosen`t boost the dollar...I think we will see after 1h close. A 1h close under 1.3648 and bad Euro news will give a dollar bulls another boost.EURUSD
- Sunsi replied Feb 8, 2011
Can`t understand why that boosts the Euro ? As far as I have understood such a ratehike should boost the dollar like it did last time China raiset Intrest rates.
EURUSD
- Sunsi replied Feb 7, 2011
Thanks for answer!
But I don`t understand why 1.3581 now is the target, while 1.3572 seems to be a strong resistance. As I view it, it is likely to range some between 1.3572, and 1.3552 for some time now. What are your view on my view
?EURUSD
- Sunsi replied Feb 7, 2011
Expecting that, this hour? May I ask why? Why would it break trough 1.3572.
EURUSD
- Sunsi replied Feb 7, 2011
Okey
Personaly I am looking for a close lower then 1.3544 I am short myself from higher levels.EURUSD
- Sunsi replied Feb 7, 2011
Ye. I understand. I mean the 3 x 30min candles From 4. Feb. If you are looking for a close lower then their close to confirm a down leg, or if you where looking for a close lower then those candles legs.

EURUSD
- Sunsi replied Feb 7, 2011
Sounds like a good strategy!
When you are looking for a close. Are you looking for a close lower then the wicks of the candles from 4.feb. Or a close lower then their Close
?EURUSD
- Sunsi replied Feb 7, 2011
Thanks you!
One more question while I am at it, what does ATR stand for?EURUSD
- Sunsi replied Feb 7, 2011
I agree that Fundies are against the Euro. Was just a sceptic that we will see a strong down leg right away!
Would you like to explain why allready having had a down leg to 3508 make it more likely that we now get a bigger leg down? Thanks for ...EURUSD