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[Alizain]

Originally Posted by primarylogic

USD, only U/J can long.

And the best is short E/U after retracement.

feww, but Yen was gained againts all major currencies now,
is this the time to buy Yen ?

[Alizain]

i want to sell EU, but don't have any reason to do that :(

i can't find any good news from US, so at this time technical is better i think.

[primarylogic]

Originally Posted by Alizain

i want to sell EU, but don't have any reason to do that :(

i can't find any good news from US, so at this time technical is better i think.

The time has passed of sell E/U.
yes, it'sthe best to follow chart technical.

[TaoJin88]

Alizain, USA have too many bad news today, and maybe it will go up for some hrs, but, I think it wont go to 1.6

[ptaczek]

Originally Posted by TaoJin88

Alizain, USA have too many bad news today, and maybe it will go up for some hrs, but, I think it wont go to 1.6

I wouldn't be so sure The E/U seems to be pretty hysterical with bullish bias last few days. And we saw it once at the 1.6 so there is no reason why we couldn't see it again there
Moreover the 1.6 mark is just 130pips away now which is roughly one daily range of the E/U. Nothing is impossible...

[ashokshetty]

Originally Posted by ptaczek

I wouldn't be so sure The E/U seems to be pretty hysterical with bullish bias last few days. And we saw it once at the 1.6 so there is no reason why we couldn't see it again there
Moreover the 1.6 mark is just 130pips away now which is roughly one daily range of the E/U. Nothing is impossible...

yes, nothing is impossible. I loss lots these days

[primarylogic]

The Most Extreme Euro SSI Reading This Year Flags A Possible 1.60 Break

Retail EURUSD positioning is once again pressing extremes; but unlike the readings of two weeks ago, these extremes actually see speculators once again fighting an extension to new record highs. The euro’s Speculative Sentiment Index ratio fell to - 2.48 this week with nearly 71% of the retail crowd betting record highs would hold. Looking at the dramatic change in sentiment over the past few weeks, it is clear that traders have grown very confident in range conditions between 1.60 and 1.53. In fact, over the previous two weeks since support held the pair up for a triple bottom, the positioning gauge fell from 1.34 to -1.52 and then to today’s reading. This is a particularly excessive reading considering not only the presence of technical resistance but event risk as well. The unusual combination of an ECB rate decision and non-farm payroll release significantly increases the potential for volatility and breakouts.

* EURUSD – The Most Extreme Euro SSI Reading This Year Flags A Possible 1.60 Break
* GBPUSD – Last Week’s Range Break Leads To SSI Readings Not Seen Since November
* USDJPY – A Flip In USDJPY Positioning Suggests The Rally May Be Coming To An End
* USDCHF – USDCHF Open Interest Surges 30% As Positioning Flips To Longs
* USDCAD – Retailers Hold Their USDCAD Longs As The Pair Falls Back Into Its Range

[TaoJin88]

yes, ptaczek, seems it will go to 1.6 this week, too bad that I sell it!

[ashokshetty]

it is ok now, got profits from GU. I think GU will continue down. you can short at a high price

[TaoJin88]

ashokshetty, i got big profits by selling EU last night