Thing that gets me is who the hell is selling at these levels, just a few pips above strong s/r?

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How do we know it's the Chinese? I think it was just put option writers protecting their positions. Since then the number of put options at 1.35 has reduced, so maybe they're preparing for the next leg down

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A bit harsh, isn't it? He's only stating his opinion. Isn't that what this forum is for?

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Blame it on the heat... LOL My oulook for EU is bearish next week. Maybe a bit more up first, but down after that. Put options at 1.35 are starting to dwindle, which I take as a bearish sign. Also, the majority of retail traders still seem to be ...

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It's not true of course. Even the link says it's false.

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Ah, thanks. "mofu" being strong support or resistance I suppose. It makes a bit more sense now.

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You dirty old man!

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Anyone here speak gator? What does um mean?

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Which is the opposite of what it did yesterday. So without a spike up, it will keep on dropping to 1.35.

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Looking bullish. Big bears waiting until 3720?

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Are you on drugs!? 0.5% is shit! Rate cut is inevitable. They're just hunting stops, is all.

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Personally I think 1.37 will be a tough nut to crack. Too many put options there being defended. But if it does crack, it will fall hard.

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But you'll be 97 by then! Anyway, sounds like a good plan. Good luck with it!

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Ah, I see! And if you get suspended you go back to no color, it seems. By the way, I've been meaning to ask you for some time. Do you really live in Sao Tome and Principe, Chicky?

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I could've sworn you had a red marker next to your name yesterday. Now it's yellow. How does that work then?

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According to recent studies, the following insights are associated with wisdom: 1. Don’t wait until you’re older and smarter. 2. See the world in shades of grey, not black and white. 3. Balance self-interest and the common good. 4. Challenge the ...

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I remember this post very clearly gator, and it's the main reason I didn't long at the 3870 area. Don't know why the other traders here are doubting you... I think you're one of the best. I'm still thinking about longing here (384x) for a few, or ...

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I always get the impression that ADP NFP is always different to actual NFP and can't be trusted.

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Wedge forming on M5. Could get a lot more interseting at US open!

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Interesting positioning on EU right now. Small sample I know, but the tide is definitely turning.

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