Im still seeing an overshoot to the 1.043X before a meaningful move down.... The CNY data may prove me wrong though..Im still long from the 1.0220 area averaged in... These moves are very sentiment drivin and it seems more like a USD move than an ...

EurAnalysis

Hello my friends Im sorry to see so many not do well this week. I ended in the green. But just barely The question is "Was this move capitulation?" Upon review of the ECB moves as well as NFP numbers and some very significant channel numbers being ...

EurAnalysis

that was why i was mearly trying to educate him on the fact all traders are not watching the same thing It was the same back when the EU was in the mid to high 1.4's and all the perma bulls were coming out screaming about the EU going to all time ...

EurAnalysis

Its hard to compare "which" trends people are following. The trend is your friend but on what TF... for guys like PT who is holding shorts from the mid 1.4's a 750 pip counter trend move is an expected retrace. I do agree obviously intraday players ...

EurAnalysis

Above that we have the 1.3329 and the 1.3728 Todays move didnt seem like capitulation to me because of how we are continuously pressing the highs. Typically an overshoot with a dramatic selloff is indicative of a capitulatory move. 1.2695/1.2742 is ...

EurAnalysis

Id like to see a close OVER the .9807 or higher.... if it does Ill most likely look to buy dips for a longer term trade

EurAnalysis

Watch the 1.2792 level intraday..... IF this is in fact a capitulation day for those with a bearish sentiment, that number will be pivotal and will certainly have a reaction(95%) chance)

EurAnalysis

this is true bro... stay off my turf ...

EurAnalysis

good morning guys.... Momentum looks firm to the upside as we are clearing out liquidity above the 1.2740 area.... a few critical breakout on such pairs as the UCAD and other commodities. If we close the day strongly above this area it leaves the ...

EurAnalysis

I brought up some FA on why we may see some short term Aussie strength the other day when i entered the net long aud positions. The techs support a bit of a bounce from the 1.017x weekly/monthly demand level. The 1.0351 is critical on the au and if ...

EurAnalysis

PA on the larger TFs showing some signs of topping out on the EURAUD and a short term bottom forming on the AUDUSD Targets are 1.2152 on the EA and 1.043X on the AU.... THE EURAUD bounced off the critical 1.2254 bias number(as expected)... And the ...

EurAnalysis

PT des a good job keeping the riff raff out.... Im falling asleep watching this draghi speech

EurAnalysis

Q&A is starting now

EurAnalysis

zee price stabeletee

EurAnalysis

Here we go....lets see if super mario has any magic mushrooms

EurAnalysis

Im still holding some underwater EURAUD shorts and AU longs from the 1.2300/1.0240 levels respectively that Im managing... risk is limited to 2% per trade with my SL at the 1.2450/1.0150 levels... we will see if I was justa bit early and the ...

EurAnalysis

If the 1.2600 breaks it will probably trigger some orders and drop 20-40 pips... oftentimes price tends to get a jump on the early sentiment move before big fundie announcements... Like i said though Im not trading till after the dust is settled....

EurAnalysis

Hey guys.... with the major news coming into play this next 24 hours I think its prudent to write up a bit about the current market conditions and the situation in Europe Taken from my trading journal: DOW – up 11.54 points to close at 13,047.48 Oil ...

EurAnalysis

Eyes on EurGbp... Breakout level at. 7900 failure.... Gotta see if it holds

EurAnalysis

When i am taking "countertrend" trades like this I am always quick to protect myself and/or flip my trades back toward the larger trend direction if needed.... I certainly have eyes on the 1.2400 area if we make it there however..

EurAnalysis