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- Shadowfx replied Aug 1, 2008
Great to exchange opinions with you in a healthy discussion Jurrasic..
With regards to interest rates...I understand the opposite..USD hike sooner to come then expected...EUR might have to cut sooner then expected.... Totally agree with ...EURUSD
- Shadowfx replied Aug 1, 2008
Not a prevailing insight...1.6+ down to 1.55..(500 pips)...is a clearly bearish signal IMO...Question like always is...when do we reverse..since we are "used" to it... Look at previous posts..just before we dropped out of 1.6+ zone..plenty of ...
EURUSD
- Shadowfx replied Aug 1, 2008
Morning all, I stick with my Double Top scenario, not cause I want to believe it...I'm fine if it heads north to be honest and make money on longs...
Reason to stay bearish are identical as I posted before, summarized in current trend & market ...EURUSD
- Shadowfx replied Jul 31, 2008
Nice...even lower, heading towards the Daily Pivot @ 1.557, nothing better then leaving the screens..coming back and collecting profits...
This only strengthens my believe in my first chart post today...The Double Top... Lets see how it works ...EURUSD
- Shadowfx replied Jul 31, 2008
Dust settling a bit...still 2 shorts open...looks like the EUR will eventually settle around the Monthly Pivot (1.5633) for now..how appropriate on the 31st of July...
I cant tell myself enough how valuable these pivot levels have been over and ...EURUSD
- Shadowfx replied Jul 31, 2008
Finian...I think I share my opinions more then often here...
Read back mine and other experienced traders posts..and there is your answer...the decision in the end is yours and always should be...train yourself to learn what moves the market and ...EURUSD
- Shadowfx replied Jul 31, 2008
It's a pleasure to share opinions with you Jurrasic...
Today's news based upon ADP yesterday and forecasts was expected to be in favor of USD....like we seen before...it was not.. Tomorrow...expectations are bad news for the USD...will ...EURUSD
- Shadowfx replied Jul 31, 2008
Hedged positions at 1.561, collected profit long at 1.568, shorted on 1.568, with hedged short at 1.561 still open Still have faith in my earlier posted double top... Lets see...
Just my 2 Cents...EURUSD
- Shadowfx replied Jul 31, 2008
Short on 1.5680, don't think it will break out higher Just my 2 Cents...

EURUSD
- Shadowfx replied Jul 31, 2008
Interesting technique....does the deviation strength indicate the likes of a bearish or bullish move?
EURUSD
- Shadowfx replied Jul 31, 2008
I wish it was that easy...would put an EA on it and let it run forever..just cashing in...
What you see is often high volatility between Sydney session close, Tokyo still running and the overlap into European session...EURUSD
- Shadowfx replied Jul 31, 2008
Small Off Topic but this url is a great site if you are relatively new and want to get more insight in the world of Forex and trading in general...

EURUSD
- Shadowfx replied Jul 31, 2008
Quote: "I favor up though, and it's also the potentially larger move so if that's the case it'll be lots of nice pips in the pocket.
" I have a trading rule in my book: I'm a great believer in MR. GREAR... Mr Grear is a combination of Greed & ...EURUSD
- Shadowfx replied Jul 31, 2008
To complement my earlier posted chart... Yesterday & Today IMO a perfect setup is being created...why? Strong economic News Items for the USD today, likely to be positive... Oil at 126$...with room to fall towards the 120$... Still positive USD ...
EURUSD
- Shadowfx replied Jul 31, 2008
Hi Jurassic, glad to see your analysis today and to be honest..you were right yesterday about the retrace and made good pips on it...
I do not disagree with your opinion, you just believe stronger then me that the Lowest TL will ...EURUSD
- Shadowfx replied Jul 31, 2008
You will find all in the FF Calendar at the Homepage, you can change time in left hand corner above calendar...been released already...

EURUSD
- Shadowfx replied Jul 31, 2008
Morning all, Sometimes a picture tells you more then a thousand words...
Seldom seen a more beautiful example of two double top patterns in the EUR Daily chart... I'm bearish..with a Target of min 1.54 As always..Just my 2 Cents...
EURUSD
- Shadowfx replied Jul 30, 2008
My mistake, I need to explain that different.. There are four major LTL imo...yours started as 1st diversion of main lower TL in July 2007 at 1.3375, 2nd div in Feb 2008 at 1.475 and the latest div on 8 June at 1.530 With shift back I mean...the ...
EURUSD
- Shadowfx replied Jul 30, 2008
Oil enjoying a moment of happiness after a slight draw (-0.1 M) in Inventory..not a major figure..hence small response (+2$) and USD retrace minimal...but enough to save the EUR for now...
IMO lowered chances of break below the 1.552 we seen today ...EURUSD