Eurusd/gbpusd - page 1397

 

That is a conclusion of traders that ECB will cut rates and not a solid decision yet. I think that if ECB does not do that (as it was with FED and QE tapering - remember how sure everybody was that FED will taper the QE) then we can see interesting action

 

It will probably do the opposite of what most think it will do

whether they cut rates or not, is not really important, S/R (usually is)

The Euro and GBP are quite nr (some) support, and due for a bounce this wk once its hit

one thing we can be sure of is, there will be plenty of whipsawing

 

The ratios before the start of the trading week

Files:
ratios.gif  24 kb
 

No gaps at the opening - according to bloomberg data

 

It stopped free falling? That will be interesting

 

Not a single pips gap

Seems we are back to boring Asian sessions again

 
eurofreek:
It stopped free falling? That will be interesting

It was falling too fast. Some consolidation is normal (and of course a confirmation that ECB rate cut was not just a wild guess is needed for a further downhill tumble)

 

Week no. are signals buy/ sell,trade week no. same no. all the week,every day ,24-h,5-days,trade with the trend -no indictors ,only week no.enter on week no.posted once a week on monday for all the week. use week no. as enter trade point.,news is just event that can speed up or down the price movment

rules:enter olso( +-)6-9p,or week no.

week no.(11/4/2013)

have a nice green week! ()

week no. eu----3417, 3458, 3466, 3477, 3526, 3518, ..gu----5872, 5895, 5908, 5932, 5955, 5968

 

The EU will have to make a convincing correction, maybe back to the EMA 20 before the bearish move resumes

 
avi1:
Week no. are signals buy/ sell,trade week no. same no. all the week,every day ,24-h,5-days,trade with the trend -no indictors ,only week no.enter on week no.posted once a week on monday for all the week. use week no. as enter trade point.,news is just event that can speed up or down the price movment

rules:enter olso( +-)6-9p,or week no.

week no.(11/4/2013)

have a nice green week! ()

week no. eu----3417, 3458, 3466, 3477, 3526, 3518, ..gu----5872, 5895, 5908, 5932, 5955, 5968

week no. gu----5932, 5955, was signal buy----- ()