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- eurusd_trade replied Nov 6, 2013
It could be relatively safe to re-enter EUR/USD shorts now, with the horizontal resistance taken out and no immediate obvious upside target. Just took out the 23.6s on this most recent swing move lower at 1.3533, the 38.2's are at 1.3590 which is ...
EURUSD
- eurusd_trade replied Nov 6, 2013
Not necessarily (and in fact usually not). EUR/GBP could continue this collapse lower, which would remain in line with fundamentals. Although on the knee-jerk reaction when GBP/USD pops higher on a good numbers print, EUR/USD does tend to follow a ...
EURUSD
- eurusd_trade replied Nov 6, 2013
I am staying flat in front of these GBP numbers. Best to see what happens to EUR/GBP after an hour before re-entering short EUR/USD. ECB will still almost surely stop longs out below TL but horizontal resistance at 1.3525 will also form a secondary ...
EURUSD
- eurusd_trade replied Nov 5, 2013
100% agree with this analysis. Although to be realistic it probably won't break until the ECB on Thursday. Best reward/risk is just to stop in on a break but it's also OK to maybe go short 1/4th of your max position here (very low leverage), and ...
EURUSD
- eurusd_trade replied Nov 5, 2013
Just keep in mind the 61.8% fib retracement roughly at 1.34175 guys using the swing low from 1.2750 (7/9) -> 1.3830 (10/25). There is almost no chance that we don't knock this out at this point before any possible retracement back to the 76.4% @ ...
EURUSD