Sell Eur/Usd

[nahiyar]

today sell order is good. today usd got strenght after releasing New Home Sales and Core Durable Goods Orders m/m. in my view till you can enter in market.we can see downtrend in eur/usd 1.3672

But the strength of USD was for only few hours.The EU has again climbed to 1.3900, which shows that the pair does not like the bearish movement.If the result of EU summit comes better, so we will see the EU at 1.42 before the end of week..

[chuna1985]

The pair has returned to 1.3900 level due to good news from EZ meeting today. This i think will go a long way to push this pair for another 100 pips to reach and test the important resistance standing at 1.4000 in the next few trading sessions.

[Noor]

Hello Everyne..........

Last week we had a South break @ 1.3700 onto 1.3660/50 Zone which has proven to be strong Support as the Market advanced to head North to Position for a South Reversal prior to the Euro Summit outcome tomorrow on 10/26.

Currently the Eur/Usd Market is attempting a disorientation with eratic swings.

We are Patient...and Prepared.

Let's place Sell orders to Position into that South Reversal Zone and wait for the decline avalanche.

Euro Optimal Weekly 618F fractal Sell Zone @ 1.4015<>1.4050.

With the South Reversal breaking 1.3850 onto 1.3650 enroute to 1.3550<>1.3510 Zone.

We will begin pre-Positioning...Now let's see what the Market decides on the Euro.

Time the Wave

IRIS FX

Looks like the price has just entered the bottom of your sell zone, I was very surprised yesterday when it reversed on me on the news that china has agreed to invest in Europe rescue plan and then came the confirmed news that banks will cut 50% off greek debt which got the Euro to sky rocket. I really don't like unschedualed news

Good luck with your trades Iris. So far your calls have been very clean and to the pip since your come back

[nahiyar]

AT last, the EU broke the resistance near 1.3975, and reached the new 51 days high value of 1.4035 in a spike.I had two pending order at 1.990 and TP was 1.4020, which I got already before my waking up in the morning.Currently, it is time only for long positions.Once the price goes above 1.4100, so I will sell the pair..

[andry777]

AT last, the EU broke the resistance near 1.3975, and reached the new 51 days high value of 1.4035 in a spike.I had two pending order at 1.990 and TP was 1.4020, which I got already before my waking up in the morning.Currently, it is time only for long positions.Once the price goes above 1.4100, so I will sell the pair..

It's a little bit hard for today to reach 1.4100 but it is possible for tomorrow especially in the near of
closing market. The tendency condition is bullish but it's still in sideways condition so far. If it was
reaching 1.4100 so I prefer to set 1.4160 because its resistance will be in that range (R3)

[chuna1985]

It's a little bit hard for today to reach 1.4100 but it is possible for tomorrow especially in the near of
closing market. The tendency condition is bullish but it's still in sideways condition so far. If it was
reaching 1.4100 so I prefer to set 1.4160 because its resistance will be in that range (R3)

It has already touched 1.4046 so to get to 1.4100 is not a hard thing. You do not even know how the market can get too volatile when the fundamentals are against it. It might not reach 1.41** region today, but i just want to point out to you that it is not hard for it to get there.

[chuna1985]

It's a little bit hard for today to reach 1.4100 but it is possible for tomorrow especially in the near of
closing market. The tendency condition is bullish but it's still in sideways condition so far. If it was
reaching 1.4100 so I prefer to set 1.4160 because its resistance will be in that range (R3)

It has already touched 1.4046 so to get to 1.4100 is not a hard thing. You do not even know how the market can get too volatile when the fundamentals are against it. It might not reach 1.41** region today, but i just want to point out to you that it is not hard for it to get there.

[Iris]

Hello Noor my Old Friend...Everyone......

Last week we had a South break @ 1.3700 onto 1.3660/50 Zone which has proven to be strong Support as the Market advanced to head North to Position for a South Reversal prior to the Euro Summit outcome tomorrow on 10/26.

Currently the Eur/Usd Market is attempting a disorientation with eratic swings.

We are Patient...and Prepared.

Let's place Sell orders to Position into that South Reversal Zone and wait for the decline avalanche.

Euro Optimal Weekly 618F fractal Sell Zone @ 1.4015<>1.4050.

With the South Reversal breaking 1.3850 onto 1.3650 enroute to 1.3550<>1.3510 Zone.

We will begin pre-Positioning...Now let's see what the Market decides on the Euro.

As Alan Greenspan would say ..."irrational exuberance has taken hold of the Market".

Now its Time for a Reality Check in the EuroZone and USDollar.

The Euro advances North thru our Sell Zone hitting our tight Stops @ 1.4075 as the Market unwinds it's North Positions on the Euro Summit outcome...but let's remember that the EuroZone is in the lower tier of GDP performance into 2013 with potential rate cuts along the way as US GDP prints @ 2.5% signaling strength and resiliency in the USDollar going forward...as the Fundamental outlook brings clarity to future trends.

The Market taketh away...and Now it's Time to give back.

Euro Sell Zone @ 1.4135<>1.4115

South decline onto 1.4050<>1.4015 for a retest @ 1.3850<>1.3660 enroute to 1.3550/10

IRIS FX

[andry777]

It has already touched 1.4046 so to get to 1.4100 is not a hard thing. You do not even know how the market can get too volatile when the fundamentals are against it. It might not reach 1.41** region today, but i just want to point out to you that it is not hard for it to get there.

It is only prediction so there is possibility if my analysis was wrong and for today, the movement is so volatile.
I didn't think if the movement can be this volatile. If it reached 1.4160 so I prefer to set sell in there because
it will move bearish, at least for about 50-100 pips as correction before it moved to 1.4200 or 1.4300 but I don't
think if it can reach 1.4200 for this week. Maybe it is possible for next week but no one know what will happen
in the future. If it reached 1.4200 so movement of EU is more than 300 pips (High and Low) for today only.

[Iris]

Hello Everyone..........

As Alan Greenspan would say ..."irrational exuberance has taken hold of the Market".

Now its Time for a Reality Check in the EuroZone and USDollar.

The Euro advances North thru our Sell Zone hitting our tight Stops @ 1.4075 as the Market unwinds it's North Positions on the Euro Summit outcome...but let's remember that the EuroZone is in the lower tier of GDP performance into 2013 with potential rate cuts along the way as US GDP prints @ 2.5% signaling strength and resiliency in the USDollar going forward...as the Fundamental outlook brings clarity to future trends.

The Market taketh away...and Now it's Time to give back.

Euro Sell Zone @ 1.4135<>1.4115

South decline onto 1.4050<>1.4015 for a retest @ 1.3850<>1.3660 enroute to 1.3550/10

Will be Selling Euro again along with 1.4135 Zone already active.

Euro Sell Zone 1.4200<>1.4180

As I'm anticipating a final spike into this Zone for a South Reversal.

IRIS FX

[Noor]

Hello Everyone..........


Will be Selling Euro again along with 1.4135 Zone already active.

Euro Sell Zone 1.4200<>1.4180

As I'm anticipating a final spike into this Zone for a South Reversal.

IRIS FX

Be careful Iris, if this is just a spike up for a south reversal into below 1.40 then it really needs to happen tomorrow

I have sold from 1.4215 just because I can't see this flying any further "today", as the daily candle low is printed at 1.3860, which means the pair has moved up over 355 pips today without any retrace at all... I have my stoploss at 1.4250 level and will not hold unless I see a sharp south reversal within the next 8 hours from now

The Euro does not seem to count in the debt crises anymore, which I believe was the sole reason why it broke below 1.4000 at the beginning of September after so many failed attempts

Cheers

[nahiyar]

The EU is the king and winner of the day for being the most volatile pair in market today.It has moved 380 pips in upward direction from the lowest price of the day.I think, the sellers of EU will again never think to sell it ever, because they will have already got destroyed their accounts due to big losses..

[chuna1985]

It is only prediction so there is possibility if my analysis was wrong and for today, the movement is so volatile.
I didn't think if the movement can be this volatile. If it reached 1.4160 so I prefer to set sell in there because
it will move bearish, at least for about 50-100 pips as correction before it moved to 1.4200 or 1.4300 but I don't
think if it can reach 1.4200 for this week. Maybe it is possible for next week but no one know what will happen
in the future. If it reached 1.4200 so movement of EU is more than 300 pips (High and Low) for today only.

It has even reached 1.4264 during the New York session. It is about 400 pips movement just today. I hope to see some retracements of about 70 pips by the end of the sydney session.

[Speculator]

Keep in mind that despite all the commotion... $JPY was taking it easy - doing it's thing.
Consider the possibility that the rest of the pairs may have just ran far away, as Godzilla is out of the cage and it may awake as soon as next month in this breezy weather.

Just my 2

[andry777]

It has even reached 1.4264 during the New York session. It is about 400 pips movement just today. I hope to see some retracements of about 70 pips by the end of the sydney session.

Yes, it's really surprising me when I looked that too. I suffered stop loss because of this condition. It's really out
of my prediction. I didn't know what made this happen, although the condition of EU is turning back to 1.4200 and
now it was 1.41xx now.