Selling strength- I am shorting EUR on spikes, counting on it going under 18 tonight/monday. I am still not sure about medium to long term, however, pricing long term more in 1.21 area. NYCDT
There's no way EUR/USD will go under 18 tonight. And, medium to long term will be over 1.23 area, in fact, we'll see it by the end of the week if not in the next few days. If you're shorting EUR/USD tonight better prepare yourself for a string of losses.
Hi globalfxllc, I would agree with you on that condition of breaking of low or 1.1700 level to hit 1.1300... For you all, 1.1300 is about the range of price for MA 100 of weekly chart. At the moment the price is around MA 50 of chart weekly. It is feeling the heat of melting through MA 50. Short term wise it is 1.1760 is where it want to head with little upside at the moment. It would take a few week before it can go down to 1.1300 if indeed the market is getting weak for EUR.
HA! You guys are DREAMIN! EUR/USD will be LUCKY to see 1.1775! There's NO WAY it will drop to 1.1300 - not 'til Hell freezes over. LMAO... If you're on the other side of my trade you're going to make it EASIER for me to make money! You guys actually trade forex?? *LAUGHS HYSTERICALLY*
TradeOff, I can tell that you are quite a good trader. Anyhow, 1.1837 is MA 50 weekly. If indeed this can hold up, then it will go your way to about 1.2060, and much further if MACD weekly are not yet below 0. But if it break 1.1830 level going down strong, and also breaking 1.1750 strong, then you are in trouble all the way to 1.1300. So we are at quite a turning point. That is why we have to be careful at this moment to really know where it is heading and trade from there.
Trade off, under 18 is not unreasonable for tonight and tomorrow. As you said, 1.13 is a stretch (and I also second that I don't see that happening anytime soon... but what do we know?).
Dude... "my way"?? I am "in trouble???" WTF are you talking about???? *BUSTS UP LAUGHING* I could care LESS if it goes up OR down 1500 points! I make money either way! And I never even heard of a "MA 50 weekly." *LMAO* I'm blowing this phuckin screwed up forum. Good luck you guys.
are we at the level of working together and discussing the possibility or are we at the level of ridicule other for their opinion and ideas? Like I said Forex is player vs. dealer/economy... I would say in this particular thread. Let's Tradeoff be our leader, then we'll discuss from there. I really want to avoid any harsh words among us while giving opion and be ridiculed at. Then this thread would turn into another trashy place as I seen so many on other threads. TradeOff, I can tell that you have made a lot of winning trades that make you are more experience at play off and getting to Super bowl, so it would be ideal if you can help us in term of short term direction and we'll share our opion politely from there.
Anyway, back to my topic, anybody feel that they can benefit and curious in what I can offer eventually, please PM me, we'll dicuss more.