One possible scenario out of I'm sure many plausible others. Also, I recall reading somewhere that QE could possibly be INTERPRETED as bullish usd (perhaps a little far fetched).

EURUSD

Wild guess, I'd say 1.45 by Christmas, but I think it will re-test the bottom of the rising channel first. (approx. 1.32 area). Ps. I think this current trend has at least one leg left in it. For what it's worth, up until last month I was calling ...

EURUSD

He's saying he wants to go long about 60 pips below that number...

EURUSD

Depends on volatility really, that low could easily get taken out by a stop hunting spike, that would be a bit too close for most of my set-ups, but it really depends on your trading style whether you're swing trading or scalping and what you're ...

EURUSD

So QE required or no? Already priced in?

EURUSD

Anyone know the time Bernanke is scheduled to speak GMT? Thanks...

EURUSD

I reckon it's just taking a well earned breather...

EURUSD

Cool.. Looking to buy uc on a spike, holding off till 7pm GMT

EURUSD

Did you call that off of the TL?

EURUSD

Good call...

EURUSD

Agree with you that prices often overshoot, but I would say that obvious confluence would only serve to increase significance.

EURUSD

***Anyone know the latest on the US State Department's European travel alert?***

EURUSD

Rough guesstimate, pull-back to 1.34 area from current levels, then a resumption of up-trend to the 1.45 area completing a standard 5 wave pattern.

EURUSD

Maybe Bleek has already given you all you need, try researching "order flow" and how it can be read in price charts. url

Dice Man

url

EURUSD

My main reservation is the price action from late Friday, the pattern looks set for a bullish continuation, but has gone up on low Friday night liquidity and if you look at the 4 hourly there are a number of price rejection spikes around that level, ...

EURUSD

How do you know that?

EURUSD

What are your reasons for thinking it will make 1.40 before putting in a significant retrace, other than it being a psych level. 1.38 is 161.8% extension of the Aug down move, it's also a clean channel high and prior strong resistance from Mar.

EURUSD

Aim for the stars and you may just hit the moon. Any newbie will have their disillusions addressed after a little experience at the hard right edge. Regarding the whole, "don't divulge your method" thing, are you really going to lose any kind of ...

Dice Man