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- Shadowfx replied Dec 12, 2008
I'm not arguing about the cross...I already said yesterday "keep an eye on one of the most "forgotten" pairs..." It gives a better insight in whats currently happening and why the "normal" correlation between DJI & commodities been out of sync the ...
EURUSD
- Shadowfx replied Dec 12, 2008
Hence why its such a good indicator...if you read back my post this morning...the current weakness of the GBP is one of the catalysts for the EUR bull run..besides the risk aversion we see with the USD at the moment...
EURUSD
- Shadowfx replied Dec 12, 2008
Failed for now...still its currently one of my main indicators for USD v EUR..unless it doesn't collapses (EUR v GBP) I`m not shorting...
EURUSD
- Shadowfx replied Dec 12, 2008
Looks to me EUR v GBP attempting to break resistance to set another new record high at 1pm (GMT) add volume of USA session starting at the same time... If it succeeds..well we've seen the last days what can happen...
Just my 2 cents...EURUSD
- Shadowfx replied Dec 12, 2008
True, I was only referring to the currencies..I'm fully aware the UK is a full member of the EU, maybe I should have stated it a bit more clear. Cheers
EURUSD
- Shadowfx replied Dec 12, 2008
Good morning all, Since my previous analysis didn't work out the way I expected I've done some extra research to see where I'm being tricked.. Its now fully clear to me the weakness of the GBP is the main catalyst behind this strong bull rally which ...
EURUSD
- Shadowfx replied Dec 11, 2008
Good morning all, First of all, BTL was right..there was more room in the bubble... This upwards break out was spotted by Ax4x also in early Asian session, glad he "Googled" buy...well done..
As for today European session: R1 @1.039 acting ...EURUSD
- Shadowfx replied Dec 10, 2008
BTL.. you familiar with the expression..."Watch a bubble burst"... Moral of the story...you only need a very small needle to burst a bubble..that needle might just prove to be a by most "forgotten" pair..EUR v GBP...believe you me..it can sting...
...EURUSD
- Shadowfx replied Dec 10, 2008
No worries Britc...read back my posts..I share your opinion along with some well respected traders in here..we've seen a lot of bullish PA in the last 48 hrs..result bulls gained only 100 pips...and not broken out higher then the previous bull ...
EURUSD
- Shadowfx replied Dec 10, 2008
Been to busy trading to post during the day Just a remark, cause I see a lot of confusion about directions...and misunderstanding about the volatility of the market around this 1.3 level.. Besides the normal correlations..DJI and commodities I ...
EURUSD
- Shadowfx replied Dec 10, 2008
Take it easy guys... Like I stated in one of my posts before...remarks are fine, remember we are not here for a competition who's wrong or right... We here..at least I am..to share opinions and different views on trading.. There is no holy grail and ...
EURUSD
- Shadowfx replied Dec 10, 2008
Closed it with a small loss..since it broke to the upside..SL was tight
EURUSD
- Shadowfx replied Dec 10, 2008
Its worth while watching EUR v GBP also a bit closer currently....correlation strength has increased with EUR v USD since its hit a new low again today...
EURUSD
- Shadowfx replied Dec 10, 2008
[quote=peyman;2408800] That would be in line of expectations..having said that...and looking at the bull runs over the past days...it might just go completely in the other direction..with the market already having build in the approval... I would ...
EURUSD
- Shadowfx replied Dec 10, 2008
Careful...needs to break Hourly R1 @ 1.2934 first, which can be the exact entry point for another test of 1.29 Just my 2 cents...

EURUSD
- Shadowfx replied Dec 10, 2008
Good morning all, Another "bail out day"... These kind of circumstances make any predictions unreliable. European session: Key levels: 1.29630 (MR1) a clear break above might give another test of 1.3 1.29270 (Fib 0.382) a break below opens the way ...
EURUSD