Here it is... — #141420

EURUSD

Stay Out... — This battle isn't ours. Even with this pair being capped it sure seems like it's well bid. My recommendation from last night hasn't changed. Should we test the monthly pivot today I'm a buyer. Mike

EURUSD

hmmm. — if the market is being capped why would they allow a run past 1.46? Who knows. Mike

EURUSD

lol — if all the retail traders in the world sold at the very same time we might move this market 5 pips. m

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word is... — a large German bank... probably the big D... is anticipating the next move and is capping anything near .4600. this should be it. m

EURUSD

Trade Suggestions — Even though we saw two very large sell orders near the high I'm still on the long train. If this thing were bearish... we'd be moving south. We aren't... we are moving sideways to up. Quiet markets historically favor the ...

EURUSD

constipated. — you can see it on his face. m

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Hmmm. — last time i checked market's weren't about sense or logic. bias, emotion and fear. m

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Careful — .4600 appears to be protected. We may move up but I'm guessing some serious consolidation is in order after today's heavy sell orders. Mike

EURUSD

That's a lot but... — In this market... ain't enough to necessary swing the tide. But it sure does help the bear case . m

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sure... — if you trade with Oanda they have a free news source. these guys are plugged in and the majority of their news or rumors come out later as being on the money. m

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hmmm — Isn't that enough? m

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very large sell order — apparently an Asian name placed a very large sell order right near the top. like 500MLN euros. that's a lot of coin and not only retarded any move north but put some serious hesitation on the table. any time a large ...

EURUSD

sure. — it's all about pivots and s/r these days. m

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It doesn't happen often... — But it happens. I picked top and bottom and made buy and sell recommendations almost to the PIP on the chart I posted last night. #140909 Sure... I'd love to lie and tell you how great I am... but the only one who ...

EURUSD

1.5 — yep. that's what i'm hearing from the NY desks. some reality has to hit... but right now it sure as hell isn't. m

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He isn't... — We Americans are.

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Trade Suggestions — Last night I said I'd sell at R1 or buy at the pivot. I bought a little above the pivot last night... not much... about 20 PIPS worth. However... today... I sold at R1 because there was .4600, R1 and the monthly R1 to ...

EURUSD

wow... — then you are doing something really wrong. m

Defining who is a better trader...

yeah... — the UN. their track record is so great in the past -- let's do it. m

UN Says New Currency Is Needed to Fix Broken ‘Confidence Game’