yeah... I chickened to enter short at 5550... in case of good news they would shoot price to 5600 and more... stuff it... . BUT, now I now that 5485 is breached, news are bad, so pullback-short is what I will do.

Spider's Den

GERMAN IFO BUSINESS CLIMATE (JUL) COMES IN AT 103.3 VERSUS 104.5 EXPECTED AND 105.3 PRIOR. 25 Jul 10:00:19

EurAnalysis

@ Vantage Yes, I agree. I am waiting for Prelim GDP. Posible scenario could be breaching 5485, pullback to it and short from there.

Spider's Den

Ah those politicians... someone says something and PUF! Euro, Sterling and Aussie all climb at least 30 points against the US Dollar following Nowotny's comments on the ESM. 25 Jul 9:20:13

Spider's Den

I was just thinking about that and writing down some of my thoughts about this: Lot of ppl were expecting deep pullbacks on EUR journey to the south... and it didnt happend, because of bad "funda". And now every day bad news, than bad news, than ...

EurAnalysis

SNB?

EurAnalysis

Cable is still very calm, still in the range, while AUD and EUR were falling yesterday. I suppose market waits for Prelim GDP today. AUD was the thing to trade yesterday, IMO... wonder what will be today. Support for cable still at 5485.

Spider's Den

Cable — Looks like a range on cable to me... 5530/33 - 5485 Short at 5530, could be a tripple top maybe? Only 1 way to find out. My DP is on 5536. Addon: Hm... Closed that for -3 pips... Bottom of range at 5485 is double bottom, and I didnt ...

Spider's Den

Italian 10-year bond yield climbs to 6.5%, first time since January.

EurAnalysis

Spain — Spain bans short selling on all stocks for three months. Ban could be extended beyond 3 months. 23 Jul 14:32:47

EurAnalysis

Fresh daily LL on A/U, G/U and Gold... so far not on E/U. Holding short from 2122, SL @ BE. Cmon bears... Addon: Spain bans short selling on all stocks for three months. Ban could be extended beyond 3 months. Addon2: LL on E/U also. Banked ...

Spider's Den

Bunch of bad news for EU... just a matter of time when EUR/USD will take another dive, IMO... EU Commission says decision of disbursement of next tranche of assistance to Greece unlikely before September. Spain's Guindos says current yields don't ...

Spider's Den

Bearish sentiment looks strong... closed my long.

AUD/USD

I agree. That is next if 1.03 doesnt hold.

AUD/USD

Small DB at 1.03... I see a bull. dvg. at M15 also. Is that going to be enough for a rise? Entered small long at 1.0304, watching 1.0320, if gets broken to add more on pullback, aiming at 1.0380. Another scenario is break of 1.03 to the downside, ...

AUD/USD

1.03 stands as support, but IMO stronger support lies at ~1.022. Previous SR level there, fibo 50 (1.0855 - 0.958 downswing on daily), and recent TL of support also there. Round number is always a place of interest to me, so watching 1.03...

AUD/USD

Ubio si ga bre... 7 komada, qq lele..

Spider's Den

OK, thanks stulic.

Spider's Den

You are adding to position on pulbacks on smaller TF, or... ? Nice job.

Spider's Den

I also watch besides that: MarketWatch Oil N' Gold All articles are biased and many times contradictory... It is up to you as a trader to make a choice what to read / accept / agree or not. Many of them are total BS. But it kills some ...

EurAnalysis