5 replies to this topic

[eminimee]

Euro may be a short if it pops and fails at the parallel it's up against...also top of small channel with slight divergence on rsi and cci. It just might spend more time in the zone.
Those parallels are approx. 4 cents apart.
...it's probably a long if it holds that parallel if/when it got on top of it and held on retest.



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[jjc]

Euro may be a short if it pops and fails at the parallel it's up against...also top of small channel with slight divergence on rsi and cci. It just might spend more time in the zone.
Those parallels are approx. 4 cents apart.
...it's probably a long if it holds that parallel if/when it got on top of it and held on retest.



Click Here to see Full Sized Image

Odds of short are better after 10:30

[eminimee]

shorted june contract at 1.388 with a stop at 1.1406

[Tokyo]

shorted june contract at 1.388 with a stop at 1.1406

Tea
is it 1.3388 instead of 1.388
if so, where is your stops? 1.1406 does seem a bit odd...
thanks

on Spot, I am waiting for 1.3367/82 area (not sure what the equivalent in June future) to go short.

[eminimee]

sorry...I meant 1.3388 with stop at 1.1406

[Tokyo]

sorry...I meant 1.3388 with stop at 1.1406

thanks Tea
I am sorry but I have to ask you AGAIN
is your stop 1.1406 Eur/USD?
or is it 1.3406?
oh, never mind.... I asked u too much lol

If $/yen closes above 117.00 tonight, there are still some chance for USD to move higher. In that case I will go long first thing in Monday morning. Otherwise I will wait for 116.00-116.50 to go long, targeting toward 117.50/80