Whats up with Eur/Usd ??

[JG Forex10]

Long or short EUR/USD ?? No one knows. people saying head and shoulders are forming, some saying it could go 14500, some 13700.... to be honest it has lost me... let me know what your thoughts are people...??

[JG Forex10]

Thanks for any input people

[petefader]

I have E/U analysis here: 1,500 PIPS PER MONTH with this method, VSA/SR/fibb etc.

banked one winner so far today.

[JG Forex10]

Kool i will check that out. SO what do you think the prospect for eur/usd is..? looks suspect to me.

Cheers for your response dude

[petefader]

Kool i will check that out. SO what do you think the prospect for eur/usd is..? looks suspect to me.

Cheers for your response dude

I'm an intraday scalper, but I'll tell you this. It's not acting like a bull machine anymore. One more push up to test the highs, then we turn down for a correction. 1.36 area by Months end. That's what I see.

[JG Forex10]

Cheers for that, yea the great thing about trading is we all see different things, some think its gona test the low then shoot of into space then plummet even further... who knows i guess. Maybe could test the low then the high..?

[petefader]

Cheers for that, yea the great thing about trading is we all see different things, some think its gona test the low then shoot of into space then plummet even further... who knows i guess. Maybe could test the low then the high..?

You must be short, lol. Here's the big picture. See, it made a LOWER low on the daily..that's a biggie. To make a NEW HIGH now has simply a low probability IMO.

[JG Forex10]

lol yea i see ypur thinking on that one. Your probably right. Dollar seems to weak to test any low right now.

[petefader]

Maybe could test the low then the high..?

..and, to test the low again now seems a bit redundant. If this overall up trend is going to keep going and not correct yet..it better hurry up cause it's not convincing me.

[JG Forex10]

well heres hoping that the high doesnt get touched and it drops like a led balloon... lol

if only it was that simple.

SO your short term bullish... long term bearish almost