Are you kidding me? Euro going to the toilet has got nothing to do with this move or any trading move for that matter. In the long run the probability of our survival is zero as zero hedge likes to put it. So then lets all stop eating and just die? ...

EURUSD

Interesting view. But the sheer strength tells me something more important is at play. A long term technical breather for EUR. This has nothing to do with where the EUR will be eventually. Anyway, lets hope we both make some money now. I believe ...

EURUSD

I am curious because it is important to know the other side of the trade. Are you seriously suggesting that the short squeeze and break above 1050 was manufactured and we will be back to square one.

EURUSD

Cool. Good luck, bro.

EURUSD

When the move has started FOMC is just a buying opportunity, if at all. It is a non-event as far as I am concerned. This has broken the possible triple top formation at 1050 in all intraday time frames with immense strength. There is no way this is ...

EURUSD

Did pretty well so far. My expected range till FOMC, 1120-1180. Sorry for lack of details in the figure. ETA: I will wait for any spike toward the bottom or below this range near FOMC to buy again (always heavy).

EURUSD

Yah I have used the london whipsaws several time but I need to stay awake for that. So will wait to see if retail japs can bring it down a bit and then close. Thanks.

EURUSD

Thanks! I did not notice that. So dumb of me. Hmm, looks like I will wait some and fold.

EURUSD

I know but this trade should have been wrapped up by now. My bad. So just planning ahead a bit. I want to wrap it up soon. FOMC is out of my horizon at the moment.

EURUSD

All: So if you had shorted at 0939 would you wait? The strength bothers me a bit. I intend to wait for the japs to bring it down and actually make me a profit but wary of going into london. Don't want to stay awake and babysit. I trade heavy and ...

EURUSD

Look at the weekly/monthly charts and judge for yourself whether the base of the descending triangle that was broke at 1.20 needs to be tested or not and you will know our answer. This will be the only is so far the best opportunity for EUR to do so ...

EURUSD

Depends on the flux of countries from the sinking ship called EU. GB enters EU, GBP goes to 1.20. Greece exits EU EUR goes to 1.2. Right now the latter seems more probable to me.

EURUSD

Well it sure seems like 1.20 is coming. Grexit needs to work out though.

EURUSD

GBPUSD close is very telling of what is to come. Other relevant pairs are also showing the sign.

EURUSD

My reading with some imagination thrown in: Unless Greece exits (or stays for sure) pair will remain range-bound between 1.10 and 1.05 with range tightening as more time goes into a symmetric triangle formation. Greek exits pair breaks 1.10. Greek ...

EURUSD

Without much fundamental news looks like it will be continuation of the medium term 'technical correction' especially with the 200 ma and short term BB providing solid support. But then again who knows.

EURUSD

That's my view as well.

USD/JPY Discussion

Just hedged to keep it safe. Looks like it could drop a bit.

USD/JPY Discussion

The PA looks like it just needs more fuel. So far we can only say australian session don't have that. Oh bummer . Asia next.

USD/JPY Discussion