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vontogr (togr)
Dec 16 2016 at 08:42
4862 posts
HarriOshord posted:
1.040, it was the lowest position and will now grow have increased to 1.043

It brake trough 1.04, it did not go up just because you wish so
mlawson71
Dec 16 2016 at 11:32
1487 posts
Do you think it will continue falling below 1.0400?
kieran (snapdragon1970)
Dec 16 2016 at 13:11
1948 posts
With more rate hikes ahead we could see parity early next year , Brexit to deal with too , better to be a seller than a buyer for now.
"They mistook leverage with genius".
mlawson71
Dec 17 2016 at 12:22
1487 posts
I very much agree. Actually at this point I wonder whether it will fall below parity.
kieran (snapdragon1970)
Dec 17 2016 at 15:19
1948 posts
mlawson71 posted:
I very much agree. Actually at this point I wonder whether it will fall below parity.
You can keep an eye on Euro sentiment on timingcharts.com
"They mistook leverage with genius".
Karel (Bohdan73)
Dec 18 2016 at 08:03
51 posts
It is actually rising now 😄 RSI and Momentum show similar signs for bullish movement, so I would not expect a fall below 1.04, not today at least. 1.0483 is the resistance I would watch for in short term.
Trade with determination!
Karel (Bohdan73)
Dec 19 2016 at 12:44
51 posts
The slight bullish sentiment continues as we enter this new week. A short term resistance could be at 1.0460. I don't see a strong trend yet, maybe not the best time to open a trade now.
Trade with determination!
kieran (snapdragon1970)
Jan 03 2017 at 16:39
1948 posts
Looking at most indicators Euro is looking weak against Dollar, I would expect further downside risk.
"They mistook leverage with genius".
kieran (snapdragon1970)
Jan 05 2017 at 01:02
1948 posts
FED meeting has changed its train of thought, you can read the update ,will be interesting at the London open.
"They mistook leverage with genius".
kieran (snapdragon1970)
Jan 13 2017 at 13:08
1948 posts
US retail sales at 1.30, might be worth keeping an eye on Dollar trades.
"They mistook leverage with genius".
kieran (snapdragon1970)
Jan 13 2017 at 13:56
1948 posts
A quick scalp trade just after the retail sales, waited for the spike to find a bottom then went long.
"They mistook leverage with genius".
mlawson71
Jan 14 2017 at 12:34
1487 posts
Do you think it will keep rising next week?
kieran (snapdragon1970)
Jan 14 2017 at 14:50
1948 posts
Who can tell, its 6 days till Trump takes his seat, traders will be sitting on the edge of their seats all week, take each day as a build up.
"They mistook leverage with genius".
rob559
Jan 15 2017 at 08:35
1916 posts
below 1.0 for the euro soon😈
mlawson71
Jan 15 2017 at 12:06
1487 posts
snapdragon1970 posted:
Who can tell, its 6 days till Trump takes his seat, traders will be sitting on the edge of their seats all week, take each day as a build up.

You’re right. I am considering whether I should trade at all this week. I probably will, but with very short-term trades.
kieran (snapdragon1970)
Jan 15 2017 at 19:20
1948 posts
News update, Theresa May is going for a hard Brexit , if this is the case it will be a good EUR/GBP trade on pullbacks, Trump on Friday, heaven knows what way the market will react, no real commitment on policies, I could guess it will be Dollar positive leading up to the event, stocks should get pumped up after we hear some commitment, Monday open might be an indicator of what's ahead , keep a close eye on data.
"They mistook leverage with genius".
vontogr (togr)
Jan 16 2017 at 11:03
4862 posts
rob559 posted:
below 1.0 for the euro soon😈

Nope,
I have seen such predictions by big banks already in 2014, still did not happen.
mlawson71
Jan 16 2017 at 11:22
1487 posts
Previously there was a lot of talk of a soft BREXIT, what changed, I wonder.
kieran (snapdragon1970)
Jan 16 2017 at 11:24
1948 posts
The only way I see Euro going to zero is if UK get everything they want,other countries will follow suit,until nothing is left,EU has to take a firm stance this time or it's finished,the immigration policy will be first and foremost.
"They mistook leverage with genius".
kieran (snapdragon1970)
Jan 16 2017 at 12:40
1948 posts
mlawson71 posted:
Previously there was a lot of talk of a soft BREXIT, what changed, I wonder.
That was the perception of the UK that they would get a soft exit, a hard exit would frighten voters, I think it was Merkel who first said they can't cheery pick what they want from a deal, parliament wanting to be involved made PM May's position look weaker, plus they believed they can still have market access without tariffs, Immigration is the sticking point and the EU will not move on this.
"They mistook leverage with genius".
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