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Free Forex Signals Forums General Trading Discussions Forex Signals – The Cyprus Experiment

This topic contains 15 replies, has 6 voices, and was last updated by  Dean 4 years, 4 months ago.

Viewing 16 posts - 1 through 16 (of 16 total)
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  • #22160
    Profile photo of PipHut Team
    PipHut Team
    Keymaster

    Happy Pipping! If you have any questions you can get a hold of PipHut Support by emailing support@piphut.com

    Permalink: Forex Signals – The Cyprus Experiment

    #22164
    Profile photo of Kobe
    Kobe
    Participant

    thanks @Mark!

    Looks like the bulls are already scared away a bit.. or day traders are getting a better entry again to go to 3050 again. I thinkw e will go up to 1.31 and then back down, and with now piphut having the same view i’m even more convinced. so i leave my eurjpy long open and my pending short on eurusd.

    maybe today is Gap closing day?

    Enjoy your day, i hope we all make some pips!

     

    #22166
    Profile photo of smile
    smile
    Participant

    Thanks Mark. This eu again bounce up 2880/90?

    #22167
    Profile photo of PipHut Team
    PipHut Team
    Keymaster

    [quote=22164]thanks @Mark!

    Looks like the bulls are already scared away a bit.. or day traders are getting a better entry again to go to 3050 again. I thinkw e will go up to 1.31 and then back down, and with now piphut having the same view i’m even more convinced. so i leave my eurjpy long open and my pending short on eurusd.

    maybe today is Gap closing day?

    Enjoy your day, i hope we all make some pips!

    [/quote]

    @kobe: I think we are seeing, and will continue to see in the short-term, heavy risk aversion. Even if we view this Cyprus deal as Euro-positive there are so many questions about the unintended consequences of the deposit seizures that players are hedging their currency exposure. USD almost always benefits in these situations.

    #22168
    Profile photo of PipHut Team
    PipHut Team
    Keymaster

    [quote=22166]Thanks Mark. This eu again bounce up 2880/90?[/quote]

    @smile: I think EU is fundamentally down for the count right now, based solely on risk-aversion. 1.2700

    #22169
    Profile photo of Kobe
    Kobe
    Participant

    thanks @piphut for your response / view. I thought we’d see a bit more of the bulls today.

    so far so good, my second tp of 1.2660 is underway!

    but i still think we could see a nice correction up to 1.31 before going under 1.28, the falling resistance on the daily chart is quite aggressive, we had a spike above it today, but no close. I think (i try to use just common sense) we could have a bullish week or two and then go back down and break the 1.28 or the stronger 1.2750 support. But that is just following my instinct, better to use the piphut swing trades to make nice profits in this market!

    i hope the euro bulls didn’t get hurt too much, its okay to loose some (i have lost a lot in the years i trade) as long as the winners are bigger ore more often.

    goodnight!

     

    #22170
    Profile photo of Kobe
    Kobe
    Participant

    calm day here today..

    #22171
    Profile photo of Phil
    Phil
    Participant

    Youd think there be more excitement in here with a 200 pip drop of the euro, but I guess when you jump on the bull and he bucks you off really hard you get pretty quiet pretty fast ;>

     

    [quote=22170]calm day here today..[/quote] @kobe:

     

     

     

    #22172
    Profile photo of PipHut Team
    PipHut Team
    Keymaster

    Today’s low is a new low since November of 2012… BIG bearish engulfing on the daily (depending on the close, but it’s hard to imagine it not closing below at least Friday’s close.

    @kobe: I wouldn’t be surprised to see a another short-squeeze / bullish correction before further drops either, but if I were a betting man – and I am when the odds are stacked in my favor :) – I think tomorrow will be further losses. Today’s thrust downward is a support break on the daily charts as well.

    #22173
    Profile photo of Kobe
    Kobe
    Participant

    Kobe replied to the topic Forex Signals – Market Kaleidoscope in the forum Trading Discussions 1 week, 3 days ago

    good morning!healthy correction in the bear trend
    under 1.3145 look for shortssl above 1.32tp 1 1.2880tp 2 1.2685tp 3 1.2438
    nice al these new  comment style!

    Enjoy your trading!
    test to include previous messages

    #22176
    Profile photo of Kobe
    Kobe
    Participant

    @ piphut it works fine now to include prevoius posts, but i cannot reply to myself?

    #22177
    Profile photo of John R
    John R
    Participant

    Haha…can you believe this Dijsselbloem ( DijsselBOMB) dude, who said something silly to the effect that ALL EUROZONE deposits over $100K are now at risk. haha. Didn’t know Cyprus could take down the whole EUR by itself.

    EURUSD is now set to bomb to the bears now. Closing below 200DMA. Even when he tried to take back his words, the damage is done. The market is hating EUR.

    #22178
    Profile photo of PipHut Team
    PipHut Team
    Keymaster

    [quote=22176]@ piphut it works fine now to include prevoius posts, but i cannot reply to myself?[/quote]

    @kobe: hmmm, not sure. I’ll look into it

    #22179
    Profile photo of PipHut Team
    PipHut Team
    Keymaster

    [quote=22177]Haha…can you believe this Dijsselbloem ( DijsselBOMB) dude, who said something silly to the effect that ALL EUROZONE deposits over $100K are now at risk. haha.[/quote]

    @johnr: The only silly thing I see in that sentence is the word *now*. Our money has always been at risk of government taxation and confiscation. History is littered with examples from Ancient Romans to Nixon’s gold seizure. Wasn’t it good old Ben Franklin who said that “in this world nothing can be said to be certain, except death and taxes”?

    #22180

    Dean

    What I see,wow,our nice 4 hour butt worked well,now expect 1.28-27 bottom,before sharp rally up,lol.

    #22181

    Dean

    Sorry @Dean, I dont see the Butt (You mean Bat I suppoose?) on the H4….But what I do see is some good strength in Macd in H1 and H4  :-)

     

    Johnny,I use zup 99,butt was on 4 hour,soon bulls start rally in your favor,Johnny.

    But now 1.27 in the cards,its 0/8 Murrey level,coz it broke 3/8 at 1.3060.imho

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