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- RafflesHsiao replied Mar 22, 2019
How is GBP so strong and EUR so weak..
- RafflesHsiao replied Mar 22, 2019
Well it has to get there first. A safer option would be 146.50, but we might not get there.
- RafflesHsiao replied Mar 22, 2019
I'm no expert, but I think it will break 1.32 after London close.
- RafflesHsiao replied Mar 22, 2019
Your buy was at 124.898? Are you still holding this? Thanks.
- RafflesHsiao replied Mar 22, 2019
I do hope we make a move to 1.33, that would be an awesome place to throw in shorts. I think we will break 1.32, give it some time. Likely it will happen after London closes.
- RafflesHsiao replied Mar 22, 2019
Good luck...I'm long on the Euro as well...I should think the bloodshed is over...I hope..
- RafflesHsiao replied Mar 22, 2019
Yes, 0.7070 has held and even when EU and GU got destroyed, this pair held. I will be looking for buy entries on this pair next week. It should be making a run for 0.7200 next week.
- RafflesHsiao replied Mar 22, 2019
After this battering of Euro, anyone taking Euro longs for nice swing trades? EUR/JPY and EUR/NZD both look attractively cheap right now.
- RafflesHsiao replied Mar 22, 2019
Yes, euro bulls got slaughtered very badly today... I hope we have seen the low of the day for Euro pairs.
- RafflesHsiao replied Mar 22, 2019
Wow...why is Euro so weak? My buys are getting smoked 100 pips..
- RafflesHsiao replied Mar 22, 2019
Wow...madness...I'm 100 pips out...any advice friends?
- RafflesHsiao replied Mar 22, 2019
It's forex...anything can happen....USD took a deep dive and Cable is at 1.32....If not for my pesky EJ positions, I would had taken a sell on Cable..
- RafflesHsiao replied Mar 22, 2019
GU and AU both flying up, EU is lagging behind. Euro can't catch a bid to save its life. Hopefully Euro bulls wake up from their slumber soon.
- RafflesHsiao replied Mar 22, 2019
I have EJ buys at 125, I'm hoping the US Equities market open will take it higher, but it seems like EUR can't catch a bid. EUR just can't catch a bid today. I don't like this, might have to leave these longs over the weekend. What about you? What's ...
- RafflesHsiao replied Mar 22, 2019
I had a buy stop triggered at 125 for EUR/JPY, you're not alone. I believe we will still retrace to at least 125.300 region. I guess we have to wait for the US markets to open.
- RafflesHsiao replied Mar 22, 2019
JPY is very strong at the moment..my EUR/JPY longs are also struggling at the moment.
- RafflesHsiao replied Mar 22, 2019
That would be a great region to build sells....I hope GBP and EUR goes on a bull run during NY session..
- RafflesHsiao replied Mar 22, 2019
Would be great if we get there...I would be looking to build more sells at that level for sure!
- RafflesHsiao replied Mar 22, 2019
EUR/JPY was even more dramatic... I hope we see a good retrace for EUR/USD and EUR/JPY so we can all re-enter short positions.
- RafflesHsiao replied Mar 22, 2019
Euro just can't seem to catch a bid today...I will be looking to sell rallies during the NY session.