Sell Eur/Usd

[pelle64]

Im buying eur/usd in the 5250 zone for a new alltime high

[Speculator]

I'm afraid it could reach even lower if the sharks go for the kill.
EURUSD closed bellow 08 pivot of 5402. Retail buddies are heavily long and a large scratch down for their stops is quite possible. Tight stops with TP 100 day MA.
Oil just below the top of long term and short term channels (~ 125) viewed on log scale. Oil could spike above but given the behavior of Goldman and others scaring the market with $200 oil and the bullishness of most analysts makes me view this market as bearish if the channel is hit in next few days.
If someone has tradestation and data some log charts would be highly appreciated.
Regards to all...

[pelle64]

Buying gdp/usd now @ 9515 an exelent trade with s/l @ only 20 pips - low risk

Target 9645

[rufffen]

Yes, GBP USD can pullback to the sup/res, however Im only adding NET SHORT for 9200-9300, you can add more when we reach sup/res levels at 9640-9660 and then on break below recent low (9500).

[Noor]

Hello Everyone...

Central Banks Buy positions are now fully activated,,

Buy at 1.5365... Stoploss: 1.5300... Target: 1.6
Current price... 1.5400

Will Add to double my position on a close back above 1.5395<>1.5405 on the one hour chart.

The South move is now over

[Noor]

Originally Posted by Noor

Hello Everyone...

Central Banks Buy positions are now fully activated,,

Buy at 1.5365... Stoploss: 1.5300... Target: 1.6
Current price... 1.5400

Will Add to double my position on a close back above 1.5395<>1.5405 on the one hour chart.

The South move is now over

Added at 1.5411... Stoploss goes to 1.5320

[Yardbird]

Originally Posted by Noor

Hello Everyone...

Central Banks Buy positions are now fully activated,,

Buy at 1.5365... Stoploss: 1.5300... Target: 1.6
Current price... 1.5400

The South move is now over

(with respects)
...and this you know RE: the CBs?
don't the COTs show a heavy commercial short position?

Altho I too am lg fr. 5298/315, must give the strong possibility that this
bounce or retrace will fade as 5500/60 approaches
--consider pealing off some profit --5438/75 and TSL-ing the rest

here's a wkly view --can not this major Trend Line come into the unwinding picture---5150 area---??
then deeper to 1.500/4960
--just speculating the complex corrective move this now has launched into

edit: add an hrly matrix and pattern view of the so far retrace

---presuming nothing ---weighing the possible---managing the Risk/reward


~~~~~~~~~~~~~~

[Noor]

Originally Posted by Yardbird

(with respects)
...and this you know RE: the CBs?
don't the COTs show a heavy commercial short position?

~~~~~~~~~~~~~~

Hmmmm,, Try looking at the ones provided by softwarenorth ... it shows the opposite.

Always look at softwarenorth... And take it by the numbers ... Not charts.

I have been bullish since the start of this week... but yesterday brought me to close all my buy positions when we had an hourly close below 1.5395.

Now Commercials/Central Banks added their final buy positions at 1.5310.

A close back below 1.5395 will get me to close my longs again... As this move must be sharp and fast.