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- Shadowfx replied Jul 29, 2008
Gonna take a break....dip in the pool...
My expectations still overall bearish..but: Possible retrace to monthly pivot (1.563), rangebound 1.560 - 1.563 Two important news items tomorrow, Unemployment & Crude OiL Keeping a short position open with ...EURUSD
- Shadowfx replied Jul 29, 2008
Just a professional trader trying to make a few bucks....
Dont have time to mentor...to high an impact on my time and market focus...glad to be of help here at FF..which is a form of mentoring I guess..
..glad to see you made good ...EURUSD
- Shadowfx replied Jul 29, 2008
Please do NOT follow my advice blind...I'm on sideline now, took profit on my shorts, still some small positions open... Tip: NOT to enter a trade (patience) is part of trading Just my 2 cents...

EURUSD
- Shadowfx replied Jul 29, 2008
Your call..but my motto is: NEVER chase a trade...1.560 is strong resistance..if breaks..freeway to 1.55...but I wait till possible retrace and further market reaction Just my 2 cents...

EURUSD
- Shadowfx replied Jul 29, 2008
Your welcome...
Out at 1.5630...strong resistance level now at 1.560..(LTL Daily & Lowest Support) waiting for the dust to settle.. As always...Just my 2 cents...
EURUSD
- Shadowfx replied Jul 29, 2008
Bye Bye USD...

...next stop...TP @ 1.5633 (Support & Monthly Pivot) As always...Just my 2 cents....
EURUSD
- Shadowfx replied Jul 29, 2008
...that's a large pre-news drop...news leaked early...?
..possible...EURUSD
- Shadowfx replied Jul 29, 2008
...I'd call it "gambling"...EUR gonna range around this level till 3pm (GMT) news comes out...once digested..it can retrace..or drop further... Some people just want to learn things the hard way...
As always..Just my 2 cents...
EURUSD
- Shadowfx replied Jul 29, 2008
My roots are Dutch...they practically invented bikes...no surprise there...

EURUSD
- Shadowfx replied Jul 29, 2008
TP @ 1.57 - 1.569 (Support) US Open might push lower..but estimate it will range around 1.569 - 1571 till news releases at 2 & 3 pm (GMT)... If News positive, Oil weak, DJI stable or recover, we can see a low of 1.565 today...reverse might bring a ...
EURUSD
- Shadowfx replied Jul 29, 2008
Clear break of the short weak bullish LTL (3 days)...nothing artificial about it...good luck if you still feel confident enough to go long...this bear is stacking profit after profit...
As always...Just my 2 cents...
EURUSD
- Shadowfx replied Jul 29, 2008
IMO Oil is overbought since at least January this year..hence the current correction...will it effect the EUR...you bet..
(read stronger USD) Just my 2 cents...EURUSD
- Shadowfx replied Jul 29, 2008
Morning....good to see some people start to look at a more overall picture...Sure you are all familiar with the DJI....but how many look at the DAX? Lets put it this way...DAX is the European equivalent of the DJI If you wonder why EUR has not ...
EURUSD
- Shadowfx replied Jul 28, 2008
Done so in the past...read back my posts...might pick it up again soon...probably a bit less extensive, with short term insights and intra day targets..there are some excellent traders in this forum with a very good analysis... Dont follow any ...
EURUSD
- Shadowfx replied Jul 28, 2008
Nice one..saves me some extensive argumentation why I remain bearish..
Jbadoz..no disrespect...but 150$ to 122$, largest drop in Oil since 2002...and you call 122.8 towards 123.8 a rebound...you are joking I assume..
In the end...do what ...EURUSD
- Shadowfx replied Jul 28, 2008
Cant resist...
ECB already MADE changes, a rate hike..one of the drivers for the EUR to reach new high in past period...FED already strongly "suggested" last week a rate hike is to come sooner then expected...a major reason for the strength of the ...EURUSD
- Shadowfx replied Jul 28, 2008
...what a silence suddenly.... Only reason today for the retrace..."profit taking"...we are still bearish imo, not posting anymore analysis why, after comments about to complex, to deep, etc...seems some rather trade on "wishes & hope"...
...EURUSD