Doesn't look good. Euro has a nasty habit of not making things too easy.

EurAnalysis

Oh, I don't necessarily agree with that. Holding a swing or long term position when price is grinding against you is awfully painful, even with modest leverage. But I guess we all have different tolerances to pain.

The Club!

To trade with wide stops like that, you need confidence and patience. Those come with experience. Pain (the desire to avoid it) is a good teacher, lol.

The Club!

I'll be really surprised if euro doesn't print an outside reversal today.

EurAnalysis

And awaaaay we go! video

EurAnalysis

Seems kinda coincidental that it's happening right before some of us expect a profound move in other commodities, wouldn't u say?

EurAnalysis

Wonder how much Jim Rogers has lost today...

EurAnalysis

Wow. That's what you call a widow maker. Trade safe bro.

EurAnalysis

And the bears get confirmation.

EURUSD

Holy cow, I can understand that statement. My high school French teacher would be so proud!!

The Club!

Blow out new home sales #. Let the taper talk commence!

EurAnalysis

Pretty similar views here, except I decided to take the plunge and enter around 1.0280. Thanks for sharing.

EurAnalysis

I've seen you post analysis on loonie before Likerty. How's that pair look to you at the moment?

EurAnalysis

I've got 1.5358 as the daily pivot on cable and 1.5390 as the R1. Gotta love accurate pivots....

EurAnalysis

Yes, I agree. I've been avoiding the yen crosses lately because they've been so choppy. I'm not seeing that. My wave counts on every time frame from monthly on down point to a healthy move lower in the euro. I think this is just the last gasp for ...

EurAnalysis

No surprise there. Market slow played pocket Abe's.

EurAnalysis

Euro making it's gains on the crosses.

EurAnalysis

Great, thx for the reply. I always enjoy seeing how others analyze. I see your EW software is assuming we're getting close to finishing 3 of 5. Anything is possible but you might consider getting a count if we're finishing a diagonal zigzag, ABC ...

The Club!

Hi Gespiri, If you don't mind sharing, what do you mean by that? Are you targeting a certain weekly RSI level?

The Club!

Hi Godim, welcome back from your trip. Do you have any longer term Gann predictions about cable?

The Club!