EFSF outlook changed to negative from developing by S&P

you cant know if the tide has turned until price retests the highs. A fall on bad news just plays into a better price in which to re-accumulate more... We each play to our own strategy. Mine is about longs. I have not seen a significant change of behavior as yet. Price just fell to a point in which it would have more demand to move up again.

euro totally ignored the new s&p 500 high ..but my charts say it has room to 1.36 still anyway i do not trade this pair for now... it's a mess

I dont' know why S&P don't downgrade Germany debit to junk.
They should try, perhaps someone will believe it .... ha haha

i have downtrends drawn on all of my lower time frame charts. The tide has turned and is not the same reaction for the last 8 days or so. The lower highs/lows is the key for me. Especially the lows as they were non existent before. This sits on my 4h utl here.

tide has not turned!

lol....

niceeeeeeeeeeeeee!

uh huh. tide has turned

Uh oh. Time to buy EUR/USD.....

ut oh, u first

@ jaygee, do you think now is not the best time to buy EUR/USD?

So far for this week, WP is my support level. If daily cs close below this level bias for bearish. Else still under control by bullish maybe to area 1.36 (62%fiboret). My 10sen

If Greece defaults France should be downgraded again by all agencies. Sarkozy is done.

n here we go again...eur down for a while n after tat it shoots up!! in other words buy on dips...

Eu will down and down..ho yeah!