The sentiment of UNCERTAINTY is still in the air. Even if Greece manages to get its government up before the end of the week, it's still not going to do anything to reduce the UNCERTAINTY. The market is still not sure what the politicians in Europe ...

Probably going to get shot by half (or more), but it seems that the "GAP" is on its way of closing. Still on the sidelines.... not sure if I want to get it anytime soon.

I just realized something.... If a lot of people will be closing off their positions, both shorts and longs (weekend + Greek elections), how will that affect the market in the winding down hours of today's trade.

Thanks. I'm betting on the UNCERTAINTY. As you pointed out, USD becomes stronger in UNCERTAINTY. After all the actions have been taken, then only Market will figure out what's left.

Dutch banks just got downgraded by Moody's.. might have led to the 20 pips southward move in the past 30 mins.

I'm betting that the outcome of the elections are as follows: 1. SYRIZA finishes first AND / OR 2. Results are inconclusive We will open on Monday with a big gap down due to the UNCERTAINTY. Will put a stop loss on my short positions (I have AAAFx ...

Have you read babypips.com... it's very good in how they explain forex trading especially for beginners.

I might be wrong... but doesn't pennant formation works towards the main trend and the main trend is still overall bearish... and based on the chart, we might see a break after this weekend (either way) depending on the results of the election in ...

I think we are due for a test of .9820 sometime today. In which we will not break it on first try (maybe not even on 2nd try - if we get there today) For a strong support such as .9820 we also need help from fundamentals, and I don't see any thing ...

At a minimum .96 (could be worse). Time frame is more related to potential uncertainties relating to this coming wknd Greek election.

This might be the last chance IMHO to go long. If the price doesn't breach parity in another try we might be looking at a one way street down south. Might be wrong.

glad to be of help...

My thinking is much more simpler with regards to Greece.... The main issue with Greece and Eurozone that there is a lot of UNCERTAINTY. Taking Forextradex's sentiment analysis view, it's a bit hard for the market to identify which way to go (hence ...

Greed doesn't pay — Just wanted to share experience from Friday's trading session. I was doing well throughout the day, scalping shorts (5-15 pips) per trade.. and accumulated up to USD 390 for the day, right before Obama spoke. So, what ...

I think he means when the data comes out over the weekend when the market is closed... how would it look like after it re-opens.

Anyone here believes that in 12 hrs time when the employment data comes out that aud will continue it's bearish move?

Shorted from .9775 (scalping mode)

Lol.. good thing I didn't jump in for my short... would have been down 15 minutes in a matter of minutes...

Waiting for 26 more minutes before I enter my short (don't like paying for the swap if I don't have to)

Apparently one of the Fed (whatcmacallit) made a statement that there should be a strong push for policy accommodation which signals the possibility of QE3 or any other type of government intervention.