Wazua
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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alutacontinua wrote:Data coming out of the US... CPI m/m 0.2% vs 0.3% exp , Core CPI m/m 0.1% vs. 0.2% exp, Core Retail Sales m/m 0.3% vs 0.5% exp and Retail Sales m/m 0.4% vs. 0.6% exp Dollar taking a hit - $DXY holding just above 99 - wondering what the FED must be currently thinking  karasinga wrote:considering eurusd long.... cash cow Great call here @karasinga hope you are still long...i was expecting further downside on the $EUR got some pips for the fuel. now considering short any time It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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karasinga wrote:alutacontinua wrote:Data coming out of the US... CPI m/m 0.2% vs 0.3% exp , Core CPI m/m 0.1% vs. 0.2% exp, Core Retail Sales m/m 0.3% vs 0.5% exp and Retail Sales m/m 0.4% vs. 0.6% exp Dollar taking a hit - $DXY holding just above 99 - wondering what the FED must be currently thinking karasinga wrote:considering eurusd long.... cash cow Great call here @karasinga hope you are still long...i was expecting further downside on the $EUR got some pips for the fuel. now considering short any time sell stop triggered at 1.09692. let us pile pips It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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E$ above 1.1050 level. Shorts up  update: short @1.10847. Objective open for now. SL at 1.1120. Lot size 0.20. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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hisah wrote:E$ above 1.1050 level. Shorts up burnt my fingers yesterday. tread carefully. considering short around 1.1168 It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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karasinga wrote:hisah wrote:E$ above 1.1050 level. Shorts up burnt my fingers yesterday. tread carefully. considering short around 1.1168 Between 1.1080 to 1.1130 are heavy layers of resistance on the weekly and monthly.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Member Joined: 3/23/2011 Posts: 304
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hisah wrote:E$ above 1.1050 level. Shorts up update: short @1.10847. Objective open for now. SL at 1.1120. Lot size 0.20. Superb entry..Right on the H1 wick  You dont have to be great to START but you have to start to be GREAT!!!!!!!!
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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hisah wrote:karasinga wrote:hisah wrote:E$ above 1.1050 level. Shorts up burnt my fingers yesterday. tread carefully. considering short around 1.1168 Between 1.1080 to 1.1130 are heavy layers of resistance on the weekly and monthly. IMHO  It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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Rank: Member Joined: 3/23/2011 Posts: 304
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alutacontinua wrote:karasinga wrote:alutacontinua wrote:alutacontinua wrote:alutacontinua wrote:$CAD on my watchlist...the first 2 hours after the Frankfurt open today showing signs of the start of a downtrend above 1.37. Still waiting to determine entry and downside targets but SL would be above Friday's High (1.3792) Trigger should be today's US Crude Oil Inventories news release And we have lift off Lets see if we can get some momentum going. Downside has a lot of legroom... like this  Despite Oil's continued rise USDCAD caught a bid yesterday after Moody's downgrades 6 Canadian Banks  https://m.moodys.com/res...adian-Banks--PR_366355?
"Oil continues its biggest rally since December: US stockpiles falling faster and earlier in 2017 than 5yr average as OPEC reduces output to trim global gut" My targets are 1.36 and 1.34 based off the above fundamentals Goldman (or as @hisah calls them LeSquid) have scrapped their Euro Parity call. Ups 12month forecast for $EUR to 1.05 from 1.00 on an upbeat ECB and see less scope for major policy divergence. They also lowered their USD outlook and believe it will lag Reagan's fueled rally in the 80's The 1st round French election vote gap up still looming in the background... UPDDATE: First target at 1.36 hit might be in for some consolidation before further downside continues You dont have to be great to START but you have to start to be GREAT!!!!!!!!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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karasinga wrote:hisah wrote:karasinga wrote:hisah wrote:E$ above 1.1050 level. Shorts up burnt my fingers yesterday. tread carefully. considering short around 1.1168 Between 1.1080 to 1.1130 are heavy layers of resistance on the weekly and monthly. IMHO 1.16 may be a stretch, but in this market nothing is impossible. The higher €$ goes the bigger the next fall unless it reclaims 1.22 handle.
€ bulls are still present having taken out 1.11 in asian session means the short trade will be stopped out. Will stand aside. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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hisah wrote:karasinga wrote:hisah wrote:karasinga wrote:hisah wrote:E$ above 1.1050 level. Shorts up burnt my fingers yesterday. tread carefully. considering short around 1.1168 Between 1.1080 to 1.1130 are heavy layers of resistance on the weekly and monthly. IMHO 1.16 may be a stretch, but in this market nothing is impossible. The higher €$ goes the bigger the next fall unless it reclaims 1.22 handle.
€ bulls are still present having taken out 1.11 in asian session means the short trade will be stopped out. Will stand aside. watching keenly. anything can happen from now... allow me to share a detailed Elliot wave. I know mnandii will correct me if I am wrong.  get your soldiers ready and remember it might be a complex correction to 1.093s or 1.086s It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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