what goes up will come down… its just a matter of time… for that inevitable retracement!!
22 Responses to “EURO @ 1.4950”
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AUTOREFRESH 
or go up to 1.5 and then retrace a bit… as of now, bulls looking quite persistent for this pair !
I pray for EUR toi go down at least to 1.46
Tomas – unfortunately prayers do not move the market
EUR/USD Options Maturity Calendar says:
22nd Thursday 1.4680 (200M) + 1.4750 (500M);
23rd Friday 1.5100 (200M) ;
26th Monday 1.3500 (400 M);
***27th Tuesday 1.400 (1 BILLION) + 1.500 (500 M)
28 th Wednesday 1.4680 (1 BILLION) + 1.4500 (250 M)
p.s. Options dont force them to buy& also numbers could be a little misleading but for now the calendar is this so may we keep an eye over them ?
Also USD/JPY UK Clearer along US BUY noted…
About options maturity calendar; I am b*ll sh*tting about it but if we consider the options could have a magnetic effect than the first of them is written 22nd of October – any critics welcome…
Ali – can you please tell me where to find the Options Calendars? Thanks. Mindy
Hi, Mindy: My broker is Oanda & it gives news feed under resources tab. It have (IFR Markets, Dow Jones, 4Cast ) (don’t know if they provide it with demo, you can check if they)
OK – thanks for the info. Mindy
Well, i’m trying to defy gravity and have gone short @ 149.16. Pray for me.
So far, so good. I’d like to see it get down below trend support at around 1.48 here soon. There could be a nice run to the downside coming.
I took my couple dozen pips and will wait it out. I have a buy/sell plan, so whatever. Still long chf/yen, so no gripes. You guys have a good weekend! It appears mine will be saturated by rain! :thumbdown:
Sean. Are you still short eur/usd? I just got back in at 1.4907. This spot makes me feel much better.
Yes Mike, still short EUR/USD and long GBP/JPY. I’m cutting out above 15010 hoping for 14650 but I have been in and out a few times just to improve the average
The technicals Sean and I were discussing late last week for this pair seem to be good as of now, or coming very close. I’m not speaking for him, by the way. A “broadening top” is in place (reversal pattern) and now the charts inside of the daily look a little better for a lengthy short position. I’ve got an entry order at 1.4946 (will adjust accordingly if prices rise) with a 50 pip wide, stop loss. Hopefully, can get on a roll for a few days, rather than picking up a few pips here and there. If it can roll over this evening, i’m looking for a break of the support line in the 1.4820 area first off, with a short term target in the 1.46 area.
Well, Michael, to be honest (as a member of Humble Heart Confessions Club- HHCC) 1.48861 also does well for me…Thanks for good mentioning…we will see or update my sell order..
Well! Apple “destroying” consensus, sure did dampen my mood on this trade.
What’ve u got on Mike? Short EUR/USD, anything else?
Still long chf/yen.
Are you still long pound/yen?
Yeah but I’ve now put a stop on it at 14685 but as i bought them at 14205 its still a very nice trade. I’m hoping that cable gets above 16450 and usdjpy above 9150 and then i’ll consider buying some more. EUR/USD isn’t looking particularly bid or offered at the moment but I’ll probably cover on a dip back towards 14850 and try again. I think we may be in for an extended period of range trading here so its a matter of picking the right entry levels. Now that 14965 has been broken I’m not overly sure where the range top will be.
Euro @ 2.35… Face it! it’s just the DM 10 years later . Remember the Pink Panther? Soros has it there, Obama Has it there , Merkel has it there and so on..