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- Caravanpark replied Mar 31, 2010
I will second that! However, I am a mug as I went short at 1.3540!
EURUSD
- Caravanpark replied Mar 31, 2010
Maybe but Eur/USD has already gone up 130 pips from its low today and the ATR daily range is 132 so I wonder how much more steam it has?
EURUSD
- Caravanpark replied Mar 31, 2010
I am looking to load more shorts but the news is due and it is quarter's end so it seems very risky.
EURUSD
- Caravanpark replied Mar 30, 2010
I know very little about these things but Bloomberg said it is bad for the euro.
EURUSD
- Caravanpark replied Mar 30, 2010
Yes it was announced on Bloomberg about 10 minutes ago. Apparently it was a huge spike. Funny how it happened at a key resistance level.
EURUSD
- Caravanpark replied Mar 29, 2010
But where is that level? Logic and charts tell me that there will not be a huge mass of buyers above 1.35-1.355.
EURUSD
- Caravanpark replied Mar 29, 2010
I am still short but I have a long term view rather than intraday.
EURUSD
- Caravanpark replied Mar 29, 2010
If Germany leave, the euro would be in very serious trouble. Presumably this is only a rumour at the moment or is it confirmed?
EURUSD
- Caravanpark replied Mar 29, 2010
Many thanks TC, your advice is much appreciated. However, I am looking at charts and I see that this retracement was expected after such a steep drop last week so I am still taking shorts as a long term view with stops at 1.3530-1.3560.
EURUSD
- Caravanpark replied Mar 29, 2010
It is what I see but we need to get back under the critical support/resistance at circa 1.3440 and stay below. None of the Euro problems have gone away.
EURUSD
- Caravanpark replied Mar 29, 2010
According to esignal it jumped to 1.3525 at 17.15 yesterday. My Broker platforms were closed otherwise I would have taken a large short!
EURUSD
- Caravanpark replied Mar 29, 2010
Does anybody think this will go short sometime or is everyone a euro bull now?
EURUSD
- Caravanpark replied Mar 26, 2010
There will be millions of sellers from 1.34 to 1.35 so it should struggle to go up.
EURUSD
- Caravanpark replied Mar 26, 2010
I disagree. I think we are close to the top before a huge fall but we will see.
EURUSD