EURUSD....Euro

[Kauri]

too much clear space in the pink paddock to be a good coil... maybe a triple bott.. who nose...


Cheers'
............Kauri

 

[CanOz]

Everything falling now Kauri, S&P Futs in free fall on the hourly.Waiting on a few currencies for the best setup.

Cheers,





CanOz

 

[Kauri]

Everything falling now Kauri, S&P Futs in free fall on the hourly.Waiting on a few currencies for the best setup.

Cheers,







CanOz

Talk emerging of a possible IMF bailout, in excess of USD 1Trln, for recently embattled EM (emerging market) countries. Nothing confirmed yet but smaller units are picking up gains and the Euro is rallying against the Dollar on the back of the increase in speculation.


Cheers
..........Kauri

 

[CanOz]

Awesome times Kauri.....Awesome times....got to be the most volatile currency markets in some time. Smaller time frames (30 minute) have more patterns than i can recall.

CanOz

 

[Kauri]

Awesome times Kauri.....Awesome times....got to be the most volatile currency markets in some time. Smaller time frames (30 minute) have more patterns than i can recall.

CanOz

Yep... I haven't had as much fun since someone dropped thier overalls in Mrs Murphys chowder...

Cheers
..........Kauri

 

[CanOz]

This is busy work though! I had lots of fun with the FXGame, but now thats its live i find myself second guessing some setups....got to step back at times and keep the broader market in view....love the small lots though!

Cheers,


CanOz

 

[CanOz]

Well the EUR has a nice candle going on the 30minute. Maybe a bottom here?

Cheers,


CanOz

 

[Kauri]

news surfaces that German banks were the largest lenders to Iceland according to official BIS statistics - finally a crisis not made in America (well at least not geographically). According to their data German banks are on the hook for $21.32bn of $75.27bn in total debt. The UK"s share was a paltry $4.21bn. German banks were also the primary lenders to Ireland and Spain with their beleaguered housing industries ($240bn and $310bn respectively). According to a Reuters news story Bayern L/B who announced they"d be the first to access the government"s bank support plan will write off E800mn in Iceland losses. In comparison the US had $1.3bn to Iceland, $36.9bn to Ireland, and $40.6bn to Spain. European banks had a total $42bn to Iceland, $797bn to Ireland, and $996bn to Spain.... watch out Euro???

Cheers
.............Kauri

 

[Reealjrd]

Hello Friends,

Today EUR/USD is looking better.

EUR/USD intraday

Strategy Entry Stop 1st target 2nd target
LONG 1.2730 1.2720 1.2830 1.2880

Pivot: 1.2720.
Our Preference: LONG positions @ 1.276 with 1.2975 &
1.3075 as next targets.
Alternative scenario: The downside penetration of 1.275
will call for 1.265 & 1.2525.
Comment: the 30-min RSI has broken above a declining
trend line.

Trend: ST Ltd Upside; MT Bearish

Key levels: Comment:

1.293* Fib retracement (61.8%)
1.288** Fib retracement (50%)
1.283* Fib retracement (38.2%)
1.2756 Last
1.272*** Intraday pivot point
1.266** Intraday support
1.26** Intraday support


Source AVAFX

 

[CanOz]

Still short the EUR today. Probably get shaken out when the other sessions start, but for now i'll just sit tight. May take another position later depending on how the S&P shapes up before the open.

Cheers,


CanOz

 

[CanOz]

Stopped out at 1.25997 ==> total pips 127ish

Lets see how the charts setup over the session changes.

Cheers,


CanOz

 

[BentRod]

Stopped out at 1.25997 ==> total pips 127ish

Lets see how the charts setup over the session changes.

Cheers,


CanOz

Nice buddy

I missed out on the triangle and all the current formations on the hourlies.

Currently waiting for the triangle on DOW daily to pop, if so euro and aud/jpy should follow.

 

[CanOz]

Should have popped Bent?

EUR holding up quite well. Got stoppedinto two other AUD trades but missed the EUR by a hair.

Cheers,

CanOz

 

[BentRod]

Should have popped Bent?

I thought it did but zooming in on the hourlies it looks like a bounce.

Either way, Aussie and cable got crushed(cable breached a TL from 1983 too)

As for Euro, holding up well.
Not sure how to read that one, looks strong though.

 

[IFocus]

Looks like the EUR has a ticket to ride

.

 

[IFocus]

Wrong train......


.

 

[CanOz]

Yeah, wow!

Return trip back to the station....What the?

Is it the "i" word?

Cheers,


CanOz

 

[Whiskers]

Looks like the EUR has a ticket to ride

.

Yeah, got the right ticket this time... a Morning Star on the 30min.

Should see it rise for a lttle while at least.

May be the tipping point for the USD Index.

 

[Wysiwyg]

Which follows what I wonder.Oil follows EUR/USD or EUR/USD follows oil??

Surely they aren`t moving simultaneously.

 

[Whiskers]

Which follows what I wonder.Oil follows EUR/USD or EUR/USD follows oil??

Surely they aren`t moving simultaneously.

Had to know what or who's pullin the strings atm, but it looks like oil (Brent at least) got a 4 to 5 hour start. The AUD seems to be making a bit more ground against the USD too.

Startin to see a few Morning Stars in a few stocks and the one on the DOW is still good too. Got this feelin somethin's gonna break soon.

Suspect it might be some sort of Bush/Obama announcement.