Forex Signals – EURUSD Still Falling

Recap: We didn’t enter any new trades before the weekend (as promised), or yesterday since the US Banks were closed for Memorial Day. The markets did open with a bullish gap, however, which has already been closed and the pair is within 20 pips of it’s Friday closing price.

The medium trend is definitely bearish – taking a look at today’s chart you can see the price very steadily goes from the top left of the chart to the bottom right after a steady diet of lower lows and lower highs. Driving this of course is the political turmoil in Greece and the greater eurozone. Traders fear the unknown and the unknown in this scenario is a Greek exit from the eurozone.

Today’s Important News Events:

Date Time (UTC) Event Forecast Previous
Tue
May 29
12:00 EUR German Consumer Price Index (YoY) (MAY P) 2.1% 2.1%
12:00 EUR German Consumer Price Index – EU Harmonised (YoY) (MAY P) 2.2% 2.2%
*To see a more extensive list of news events (not just those we consider important), visit our Forex Calendar.

Trading Idea: We are still very bearish on the pair but we are tracking a clean falling resistance from yesterday and will take an aggressive long on resistance break with targets at 20/20/20/20 for 80 pips. We will close and get short on a support break with the same targets.

 


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  1. Profile photo of sahara
    sahara
    May 29, 2012 at 06:19 Reply

    Gm @Mark and @all thank you for today signal !!!

  2. Dilip kumar
    May 29, 2012 at 06:33 Reply

    really eur will fall today

  3. Dilip kumar
    May 29, 2012 at 06:41 Reply

    I need daily confirm 30 pip how??

  4. Profile photo of yasser
    yasser
    May 29, 2012 at 06:48 Reply

    GM all
    Thanks Mark

  5. demo
    May 29, 2012 at 06:59 Reply

    hi all
    I went long EU and GU
    Did you guys pro-pipphuters have signals to go long?
    Have a good trading day!

    • Profile photo of sahara
      sahara
      May 29, 2012 at 07:10 Reply

      yes after alert !! a new alert R break a few mn ago (alert price 2549 R 2539

  6. BeMoreWild
    May 29, 2012 at 07:00 Reply

    GM all….Dilip sell at 12590:) how r u yasser?how did u managed ur long yesterday

    • Profile photo of yasser
      yasser
      May 29, 2012 at 07:32 Reply

      Hi Be

      i am ok, thank you very much for asking,
      i didnt do any thing but as you said i will wait 1600 for hedging.

  7. Profile photo of Clem
    Clem
    May 29, 2012 at 07:23 Reply

    Good morning@ Mark-Thank you.
    @All-Good morning. Happy Piping.

  8. Profile photo of sahara
    sahara
    May 29, 2012 at 07:55 Reply

    5750 gu ????

    • Profile photo of sahara
      sahara
      May 29, 2012 at 08:02 Reply

      in for 40 or 45 pips

  9. demo
    May 29, 2012 at 08:02 Reply

    Took some profits on EU and GU.. Let the rest run to 1.5750 and 1.26 (hopefully they will get there!) how about you guys?

  10. Chip
    May 29, 2012 at 08:04 Reply

    Good morning @all I went short from 1.2572 and if it will go up a little bit more I will open another short

  11. Profile photo of yasser
    yasser
    May 29, 2012 at 08:13 Reply

    i think above 126 good for short

  12. Profile photo of yasser
    yasser
    May 29, 2012 at 08:15 Reply

    above 12540 good for long

  13. smile
    May 29, 2012 at 08:23 Reply

    GM@ all. Back to sit desk. Looking for long level. Suggest me any level?

    • Profile photo of sahara
      sahara
      May 29, 2012 at 08:29 Reply

      hi@smile am long 2535 area !! waiting to bke 26 !! a new entry (broking 2570 ??

  14. Profile photo of sahara
    sahara
    May 29, 2012 at 08:32 Reply

    but still fighting inside a triangle !! (2520 area 2580 !!) when y are inside grrrrrrrrrrrrrr !! up and down !!

  15. Profile photo of sahara
    sahara
    May 29, 2012 at 09:16 Reply

    will make a travel till 2530 and buy there again !! only my idea

    • Profile photo of sahara
      sahara
      May 29, 2012 at 09:43 Reply

      closed short for 14 pips

      • Profile photo of sahara
        sahara
        May 29, 2012 at 09:48 Reply

        second for + 20 !! closed !!

  16. Profile photo of sahara
    sahara
    May 29, 2012 at 09:49 Reply

    and bouhgt !!

    • Profile photo of sahara
      sahara
      May 29, 2012 at 09:51 Reply

      second buy

    • Profile photo of Kobe
      Kobe
      May 29, 2012 at 09:53 Reply

      nice trading sahara, i’m in long as well one yesterday 2570 and one lot today 2533, planning to close them @2640, maybe today? stop is under 1.25.
      Good luck and keep up the good work!

      • Profile photo of sahara
        sahara
        May 29, 2012 at 10:05 Reply

        am bad this month !!!

        • Profile photo of Kobe
          Kobe
          May 29, 2012 at 10:11 Reply

          sorry to hear that, but the month is almost over, so i hope next will be better for you!

          • Profile photo of sahara
            sahara
            May 29, 2012 at 10:16

            i accept !!

          • Profile photo of sahara
            sahara
            May 29, 2012 at 10:19

            whenyou have an idea if you decide to entry first you have to know where you will exit if market goes against you and you will be safe !! i do it and am safe like that but am still with a mistake i do not know how to let running my “green pips ” … It will come even for a camel !!hahahah

  17. Profile photo of sahara
    sahara
    May 29, 2012 at 09:54 Reply

    grrrrrrrrrrrrr so bad camels !!!

  18. Profile photo of sahara
    sahara
    May 29, 2012 at 09:56 Reply

    if my sl below 2413 will not hold !! will be bad

  19. Profile photo of sahara
    sahara
    May 29, 2012 at 09:56 Reply

    2513 sorry

  20. Profile photo of sahara
    sahara
    May 29, 2012 at 10:12 Reply

    will test lower!! ??

  21. Chip
    May 29, 2012 at 10:46 Reply

    @sahara I see no point in going long, because it’s against the trend, at least until things settle down in Greece and in Spain, so if you want safe trading – wait for a rally and go short in the 1.2570 – 1.2600 area. It’s what I’ve been doing the past few days and it brought me a lot of pips. I agree that you can make the pips going long too, but it’s more risky – maybe you like the adrenaline rush :)

    • Profile photo of sahara
      sahara
      May 29, 2012 at 11:45 Reply

      yes @chip sorry was away ! agree with you (but just pips when up or down : pips are safe now only one lot still working if any rally !!! … but i beleive 25 is a strong S for moment

    • Profile photo of gybankster
      gybankster
      May 29, 2012 at 13:14 Reply

      its been the way to trade for weeks chip,but some people are just too stubborn,and full of ego

      • Profile photo of sahara
        sahara
        May 29, 2012 at 13:18 Reply

        am piphutterboy !!! (

      • Chip
        May 29, 2012 at 13:26 Reply

        @gybankster I believe that some people make money going long to from 1.2520 up, and it’s not necessarilly because they are stubborn or full of ego – it’s only that they have a bigger appetite for risk than me and they want to take advantage of the rallies too. I agree with you that some people are stubborn to defend the Euro – they are joined by the european banks which sit on many billions of Euros and don’t want to see them lose value.

  22. Profile photo of Kay
    Kay
    May 29, 2012 at 11:06 Reply

    Good day @all, i remain bearish on fiber but bullish in swissy.mt bearish stance has paid off after my mega loss on my suicidal long 2 weeks ago. i have learnt to also stick to the trend even while scalping.

  23. Profile photo of sahara
    sahara
    May 29, 2012 at 13:06 Reply

    am testing scalping strategy with piphut pro (in a demo !!!!(last 30 if pullback 3 with a SL 30 tp 9 !!!

    • Profile photo of sahara
      sahara
      May 29, 2012 at 13:08 Reply

      TP SL Pullback Total
      wins Total
      losses Consec.
      Wins Consec.
      Losses Win % Profit
      Factor Net
      Profit
      9 30 3 29 7 10 3 81% 1.54 91 pips
      False Signals Strategy

      • Profile photo of sahara
        sahara
        May 29, 2012 at 13:11 Reply

        grrrrrrrrrr closed !! tp hit so early !!!!

    • Profile photo of Kay
      Kay
      May 29, 2012 at 13:29 Reply

      haha, scalp based on what myself and Johnr called VIBRATION theory, add our theory to trend direction gives us unusual advantage. I am enjoying myself real good

  24. Profile photo of sahara
    sahara
    May 29, 2012 at 13:15 Reply

    will try it with gu 15 mn !!! no pullback till nowTP SL Pullback Total
    wins Total
    losses Consec.
    Wins Consec.
    Losses Win % Profit
    Factor Net
    Profit
    7 10 5 20 3 12 1 87% 4.67 110 pips
    5 18 2 28 7 17 3 80% 1.21 23 pips
    False Signals Strategy

    • Profile photo of Kay
      Kay
      May 29, 2012 at 14:15 Reply

      that is what i call CONTRA position and it is great fro scalping style

    • Profile photo of John R
      John R
      May 29, 2012 at 15:02 Reply

      @Sahara!

      If you’re interested, let’s you, me and Kayus hook up and AUTOMATE your strategy!

      • Profile photo of sahara
        sahara
        May 29, 2012 at 15:09 Reply

        a camel is very clever , but it will be necessary long time to explain !!!!even if i tquickly understands !!!!floor by floor ;it s the first time that i test this strategy ;am better with pullback one ;;;;;give time to all camels on earth !!!hahahahahah

        • Profile photo of John R
          John R
          May 29, 2012 at 15:12 Reply

          I was just offering. You could document all your specifications, and let us develop the system for ya!
          I’m not advertising…it’s all free for our friendship. We only have one business plan….to pip for ourselves! haha

          • Profile photo of sahara
            sahara
            May 29, 2012 at 15:14

            no problem @friend!!

  25. Profile photo of sahara
    sahara
    May 29, 2012 at 13:26 Reply

    nothing(now) open in eu !!

  26. Profile photo of sahara
    sahara
    May 29, 2012 at 13:34 Reply

    2550 no passaran !!!

  27. Profile photo of sahara
    sahara
    May 29, 2012 at 13:52 Reply

    trying pips up here aud usd (by 16 pips

  28. Profile photo of Kay
    Kay
    May 29, 2012 at 14:13 Reply

    269 is a decision point to the bull and bears based on my chart, above or below will tell if to continue witht he bear or join the bull train

  29. Profile photo of sahara
    sahara
    May 29, 2012 at 14:20 Reply

    if you are in eu yen have an from a lot h in a S !!

  30. Profile photo of John R
    John R
    May 29, 2012 at 15:00 Reply

    Hello everyone. I had a nice long weekend holiday, remembering the troops of Freedom!

    Pipping has been great, even on Monday. Believe it or not, a slow ranging market also does wonders for my pipping system.

    Let’s keep the pipping and screaming going!

    • Profile photo of sahara
      sahara
      May 29, 2012 at 15:09 Reply

      hi @johnr

    • Profile photo of Kay
      Kay
      May 29, 2012 at 15:25 Reply

      who says trend is not your friend? i is better late than never, sticking ot he trend is a sure way of wininig

      • Profile photo of John R
        John R
        May 29, 2012 at 15:52 Reply

        Speaking of that…our friendly Trend is back and biting!
        EURUSD has fallen to 2477 in a hurry

        • Profile photo of John R
          John R
          May 29, 2012 at 15:53 Reply

          End of London session is very close. I expect 2450 to hold…or even 2475.
          Try again another day.

      • Profile photo of John R
        John R
        May 29, 2012 at 15:53 Reply

        Even a ranging market has a biased Trend underneath.

  31. Profile photo of sahara
    sahara
    May 29, 2012 at 15:52 Reply

    not in!!!

  32. Profile photo of sahara
    sahara
    May 29, 2012 at 16:17 Reply

    some one take this train ??

  33. Profile photo of sahara
    sahara
    May 29, 2012 at 16:32 Reply

    see you tomorrow

  34. Profile photo of Kay
    Kay
    May 29, 2012 at 17:16 Reply

    bye for today. do enjoy your trade like Mark said FIBER IS STILL FALLING

  35. Profile photo of Maria
    Maria
    May 29, 2012 at 18:09 Reply

    Come on boys, admit it, which one of you broke the euro again?

    I’ll go into defense on longs on a 4h closing under 2480. Still think there will be a correction coming at some point and when it comes it will probably be fairly evil, but as said under 2480 too gamey for me to hold short term longs.

    • Profile photo of John R
      John R
      May 29, 2012 at 20:51 Reply

      I didn’t do it! It can do whatever it wants to.
      But Maria….I sense that you are hungry for more shorts. So, I’ll root for nasty Longs for your fades.

      • Profile photo of Maria
        Maria
        May 29, 2012 at 21:59 Reply

        I’m always hungry for more shorts for mid-terms, but not at these levels John

        • Profile photo of John R
          John R
          May 29, 2012 at 22:02 Reply

          What? You’re finally giving up?

          • Profile photo of Maria
            Maria
            May 29, 2012 at 22:10

            I started looking for long opps end of last week, as said I want my 270-275 back for starting to re-position mid shorts, I might be way off here again of course, but I’ll take my chances until 2460-2480 holds intraday closes.

  36. BeMoreWild
    May 29, 2012 at 21:10 Reply

    Dear john n maria be carefull with ur longs till Olympics start GBP is weak but will take euro up in the air:) but we still have almost 15 days more for shorts just try to catch it from secure levels…im thinking of 12420 n 12390 for long and 12550 for shorts…..has any1 seen a gap near 1100 area maybe its coming to fill that…

    • Profile photo of John R
      John R
      May 29, 2012 at 22:02 Reply

      Thanks.
      No one can predict when the trend changes. So, I just do whatever as long as it is along the current trend.

    • Profile photo of Maria
      Maria
      May 29, 2012 at 22:05 Reply

      Um, not sure what plan your trading but none of these levels does anything for my game, but whatever works for you of course.
      Nighty night, have a good one everybody

  37. Harry
    May 30, 2012 at 05:40 Reply

    Morning all.

    I have longed euro and cable this morning. Small “dead cat bounce” expected I think!

    • Chip
      May 30, 2012 at 08:29 Reply

      @Harry please watch out for the EU economic data due today at 11:00 CET because if they are really bad your SL might be hit. It’s just my feeling but I think Economical Sentiment and Consumer Confidence will be lower, but we shall see.

  38. Profile photo of sahara
    sahara
    May 30, 2012 at 07:49 Reply

    gm @all

  39. Profile photo of sahara
    sahara
    May 30, 2012 at 07:50 Reply

    my order for this morning

  40. Profile photo of sahara
    sahara
    May 30, 2012 at 07:55 Reply

    am in eurogbp for 45/55 pips http://imageshack.us/photo/my-images/820/eurogbp.png/

  41. Profile photo of sahara
    sahara
    May 30, 2012 at 07:57 Reply

    will scalp eu btw 2460 to 2435 if possible (by 10 or 12 pips

  42. Profile photo of sahara
    sahara
    May 30, 2012 at 08:27 Reply

    make it twice!!

  43. Profile photo of sahara
    sahara
    May 30, 2012 at 08:34 Reply

    79 11 usdyen !! will try it!!

  44. Profile photo of sahara
    sahara
    May 30, 2012 at 09:20 Reply

    sahara speacks to sahara

  45. Profile photo of sahara
    sahara
    May 30, 2012 at 09:26 Reply

    is it possible to see 9690 area in aud usd !! (i try to find a nice entry

  46. Profile photo of yasser
    yasser
    May 30, 2012 at 09:32 Reply

    Hi sahara

    how are you today ?

  47. Profile photo of sahara
    sahara
    May 30, 2012 at 09:38 Reply

    scalping camels !!

    • Profile photo of sahara
      sahara
      May 30, 2012 at 09:50 Reply

      NOW waiting to short eu aud usd and eu gbp !! as i said (looking for prices send it earlier

  48. Profile photo of yasser
    yasser
    May 30, 2012 at 09:52 Reply

    i am long waiting 125

    • Profile photo of sahara
      sahara
      May 30, 2012 at 09:55 Reply

      camels buying are in hollidays !! only camel sell 1 and 2 are in the field!! hahahah

      • Profile photo of yasser
        yasser
        May 30, 2012 at 09:58 Reply

        but you dont think we should see by today 125?

        • Profile photo of sahara
          sahara
          May 30, 2012 at 10:02 Reply

          my order sell is 2485 area !! yes possible 25 !!

          • Profile photo of sahara
            sahara
            May 30, 2012 at 10:06

            2444 was (a doji 15v 30 mn and hourly bullish one !!! !!!

          • Profile photo of yasser
            yasser
            May 30, 2012 at 10:07

            realy i dont know where it going to take us down 118,120,122
            no idea

        • Chip
          May 30, 2012 at 10:06 Reply

          I think we will see 1.2380 sooner than 1.25 after the bad economic data from the EU.

          • Profile photo of sahara
            sahara
            May 30, 2012 at 10:09

            yes @chip let s see how 2420 area (if pullback there a up to 2460 area with a thight sl 10 or 12

  49. Profile photo of sahara
    sahara
    May 30, 2012 at 10:33 Reply

    as i see made a pullback (12 ) if possible with a sl 2415 area we will see 2468 area

  50. Profile photo of Maria
    Maria
    May 30, 2012 at 10:48 Reply

    Hello all, I’m out of longs on both fiber and cable, started the defense but it was dropping too fast and decided to take a 100 pip loss combined across all positions. I’ve had an excellent month and didn’t want to risk that now in the last 2 days.
    I still think that a correction will be coming at some point and when it does it will most likely be quite angry but my plan was definetly invalidated for the moment.

  51. Profile photo of sahara
    sahara
    May 30, 2012 at 10:57 Reply

    nice!!!! better @maria no risk !! and gm !!

  52. Profile photo of sahara
    sahara
    May 30, 2012 at 11:01 Reply

    closed e gbp (+ ) because near support !! will entry again

  53. Profile photo of sahara
    sahara
    May 30, 2012 at 11:02 Reply

    hahah !! 68 hit (was not in !!

  54. Profile photo of yasser
    yasser
    May 30, 2012 at 11:15 Reply

    US: MBA Purchase Applications

    Composite Index – W/W Change
    Actual: -1.3%
    Previous: 3.8%

    Purchase Index – W/W Change
    Actual: -0.6%
    Previous: -3.0%

    Refinance Index – W/W Change
    Actual: -1.5%
    Previous: 5.6%

  55. Chip
    May 30, 2012 at 11:16 Reply

    The last 15 minutes there was more action than the entire day … nice

  56. Profile photo of yasser
    yasser
    May 30, 2012 at 11:17 Reply

    EU willing to “envisage” direct ESM bank recapitalization

  57. Profile photo of yasser
    yasser
    May 30, 2012 at 11:19 Reply

    @Chip

    i close all my long positions on 124699 on this action with nice profit

    • Profile photo of sahara
      sahara
      May 30, 2012 at 11:19 Reply

      congrats !!@yasser

      • Profile photo of yasser
        yasser
        May 30, 2012 at 11:23 Reply

        thanks Sahara

        i hope the same to you also as i know its bad month for you and for me as well

        • Profile photo of sahara
          sahara
          May 30, 2012 at 11:24 Reply

          from a few days i am back !! it s forex !!

          • Profile photo of yasser
            yasser
            May 30, 2012 at 11:27

            Yah Sahara we have to be very careful with 24 hours eyes on chart

    • Chip
      May 30, 2012 at 11:21 Reply

      Wise move. You took a big risk with those longs … Congrats!

      • Profile photo of yasser
        yasser
        May 30, 2012 at 11:25 Reply

        yes my dear i was on loss but i add some more posotion on 12530 and after 30 second remmove my loss and have profit

  58. Profile photo of yasser
    yasser
    May 30, 2012 at 11:31 Reply

    for now i want to see US opening then i will take decision

  59. Profile photo of sahara
    sahara
    May 30, 2012 at 11:39 Reply

    aud going 9 808 but not in

  60. Profile photo of sahara
    sahara
    May 30, 2012 at 11:43 Reply

    my order sell gu not so far!!

    • Xish
      May 30, 2012 at 11:52 Reply

      @sahara
      what setup you see in GU
      Plz share it with us

      • Profile photo of sahara
        sahara
        May 30, 2012 at 11:57 Reply

        area 25/40 !!@friend i mean 56

  61. Profile photo of sahara
    sahara
    May 30, 2012 at 12:00 Reply

    i have to go see y in 1H!!

  62. Harry
    May 30, 2012 at 12:02 Reply

    Hi everyone

    I see a firm retracement with a 2650 or even 2700 target

    • Chip
      May 30, 2012 at 12:09 Reply

      Please share with us the fundamentals for this retracement

  63. Harry
    May 30, 2012 at 12:06 Reply

    Buy, buy , buy (I hope!!)

  64. Harry
    May 30, 2012 at 12:41 Reply

    Nice little fake out. Still very bullish IMHO

    • Profile photo of DDimopoulos
      DDimopoulos
      May 30, 2012 at 13:11 Reply

      Harry I hope so cause I have gone long here all because of you ;)…

  65. RahmanSL
    May 30, 2012 at 12:43 Reply

    GM, GA, GE @All

    Buy, buy, buy????????….hmmmmm….might become “Die, die, die” as nothing good can possibly come out from the EZ to boost any confidence in the Euro.

    • Profile photo of DDimopoulos
      DDimopoulos
      May 30, 2012 at 12:54 Reply

      Well there could be baqd news from the US ie. bad enough to strenghthen the euro rather than increase risk aversion. Remember every where has its problems, its just which one is less serious. So EU could easily streghthen as well as weaken.

  66. Profile photo of sahara
    sahara
    May 30, 2012 at 12:51 Reply

    back

  67. Johnny (from PocketPc)
    May 30, 2012 at 13:14 Reply

    Long @2425 1tp 2470 2tp 2490 3tp 2510 sl just below 2400.

    • Profile photo of DDimopoulos
      DDimopoulos
      May 30, 2012 at 13:20 Reply

      My thoughts exactly johnny but there seems to be a big heavy rock tied to the eu and not sure its going to let go anytime soon. Lets hope someone cuts it and eu shoots up to where it should be…i have my doubts though…

  68. Profile photo of sahara
    sahara
    May 30, 2012 at 13:21 Reply

    hi@johnny

  69. Johnny (from PocketPc)
    May 30, 2012 at 13:22 Reply

    Sahara have given everybody something to drink accept me….

    http://www.newsnow.co.uk/A/576702561?-641

  70. Harry
    May 30, 2012 at 13:32 Reply

    ddimopoulos please don’t trade on my recommendations everything I say here is just IMHO and I’m normally wrong! Ha Ha

    • Profile photo of DDimopoulos
      DDimopoulos
      May 30, 2012 at 13:34 Reply

      Its too late now – i have put everything on. I have sold my house, my car and even my clothes. Everything is LONG BECAUSE HARRY SAID SOOOOO ;)…

      • Harry
        May 30, 2012 at 19:17 Reply

        Whoops – don’t worry what goes down must go up!!

  71. Profile photo of sahara
    sahara
    May 30, 2012 at 13:33 Reply

    harry harry up !!! hahaha

  72. Johnny (from PocketPc)
    May 30, 2012 at 13:34 Reply

    @Ddimi – Tomorrow and on Friday it seems some stormy weather is forecast in the US? :-)

    (Some News events coming up, special fridays NFP could bring thunder and lightening??? lets see :-))

  73. Johnny (from PocketPc)
    May 30, 2012 at 13:37 Reply

    @Ddimi – If you’ve put in everything on your Longs….read this: (Poor Greeks if a Grexit!)

    http://www.newsnow.co.uk/A/576692264?-641

  74. doc1
    May 30, 2012 at 13:45 Reply

    gm all….

    only one thing will stop the plunge…
    massive govt money printing

    Having said this I think the USD is close to a correction

    ——————————————————————————————————-
    Prices are staging an intraday bounce but a bearish Breakaway candlestick pattern remains valid and continues to warn of a larger pullback ahead. Initial support lines up in the 10134-41 area, defined by the 76.4% Fibonacci expansion and the October 2011 swing high, with a break lower exposing the 61.8 expansion at 10078. Alternatively, a daily close above the 10225-41 area marked by the May 25 high and 100% Fib would neutralize bearish cues.
    ————————————————————————————————————-

    FWIW.. I have closed all my shorts and will wait for a sustained break below 2400 or a correction to reopen another position.

  75. doc1
    May 30, 2012 at 13:51 Reply

    geez…not even a gm…where’s the love …lol… just kidding…..

  76. Johnny (from PocketPc)
    May 30, 2012 at 13:52 Reply

    Howdy….

  77. doc1
    May 30, 2012 at 13:52 Reply

    lol…howdy @johnny

  78. doc1
    May 30, 2012 at 13:53 Reply

    German two-year note yield falls to 0.007%; lowest on record

  79. Johnny (from PocketPc)
    May 30, 2012 at 13:58 Reply

    No intention running after this south bound to catch it at this stage….

  80. RahmanSL
    May 30, 2012 at 13:59 Reply

    Are we still going “Long”??????

  81. Johnny (from PocketPc)
    May 30, 2012 at 14:01 Reply

    Me yes, as long as 2400 holds! If pierced I may join you’ll? But I guess once I open a Sell trade this thing may bounce up like a rocket ???

  82. Johnny (from PocketPc)
    May 30, 2012 at 14:02 Reply

    Have to go, an appointment….

    GL all.

  83. RahmanSL
    May 30, 2012 at 14:06 Reply

    Ok, but seems like a rubber ball at the moment….

  84. doc1
    May 30, 2012 at 20:31 Reply

    Trading simply does not get any easier than this…

    What we are seeing is a slow deliberate and methodical dissolution of euro positions..
    Notice the uniform size of the candles in the various tf’s….

    There is very little volatility attached and any corrections have been relatively predictable…

    However… as I do believe a correction is due any positions I hold are intraday only now and have a small sl.. fwiw still short from 2396 …gl all

  85. Profile photo of Kobe
    Kobe
    May 31, 2012 at 08:31 Reply

    goodmorning to all, i think 1.236 was the midterm bottom, we will go up to about 1.2650 at least before taking another dive into the deep. Just my view of course and probably wrong, but i give it to you anyway. So long 1.24 stop 1.234 tp 1.264. With a small lot of course…
    good luck today! should be a good day because it is my birthday!

    @johnny nice article you posted there, there are some smart people in Leuven!

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