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    • Shadowfx replied Dec 9, 2008

      I'm short for another test of MS1 @1.28395, similar like y'days scenario... If it breaks..we could go back to 1.26 region, which would confirm a H&S scenario on the 1H chart.. Failure to break 1.28395 could once again proof the start of a bullish ...

      EURUSD
    • Shadowfx replied Dec 9, 2008

      Economic sentiment improved slightly...but again hesitation to follow trough with a solid bullish break out... Maybe we see a delayed one..maybe these figures were expected and build in..cant put my finger on it... Watching this on the sideline for ...

      EURUSD
    • Shadowfx replied Dec 9, 2008

      Good morning all, Yesterday turned out to be exactly as I described in my first morning post: T1 @ 1.2887 - R2 This is an important one, if it fails to break south, we might see another bullish outbreak towards R3 @ 1.2975 with an attempt to touch ...

      EURUSD
    • Shadowfx replied Dec 8, 2008

      I normally don't post third party opinions..but here is a view I share and which reflects my current thoughts... "Dollar is weaker against the euro and most other currencies as risk appetite improves and safe-haven flows are reversed. But analysts ...

      EURUSD
    • Shadowfx replied Dec 8, 2008

      As expected DJI has opened higher... Problem we have is last week some correlation was lost..then suddenly picked up again... If correlation is back in place..strength of upwards momentum should determine further directions for the pair... My ...

      EURUSD
    • Shadowfx replied Dec 8, 2008

      Hesitation and third failure to break R2 @1.2887 upwards with strength... Looks once again the DJI will have the deciding vote for further directions today.. Re-entered short @ 1.290 with tight SL.. IMO same scenario as I posted this morning.. As ...

      EURUSD
    • Shadowfx replied Dec 8, 2008

      Good morning all, Great bull run since the opening after the weekend, initiated once again by DJI last Friday... I wish I can get rid of the feeling..."floating on thin air"... Under current market conditions..I can only say..be very very careful ...

      EURUSD
    • Shadowfx replied Dec 5, 2008

      Just as a remark.... The art of trading is to "buy low..sell high"... Don't panic about swings in between resistance levels...like now in between MS1 and the daily pivot... As long as you are aware solid breaks of either will give you a ...

      EURUSD
    • Shadowfx replied Dec 5, 2008

      Never said they are my friend...they are always out there...I give plenty of warnings about them.... Perfect re-entry once again at MS1 here to add shorts...

      EURUSD