Generally, Consumer Confidence is not a major news release and it usually doesn't do much impact on related pairs I've taken my 18 pip loss, let's move forward

Inflation is around 4.3% Things are quite messy here speaking economically... You can get a quick look at Lithuania's economic prospect and forecasts here url Oh, and the EURO, that'll have to wait till 2010 I guess

Let's celebrate the closing of monthly candle with bearish attitude, shall we?

This pair should test 1.3690 for a possible strong resistance. If this level is breached, continous bullish movement is expected. Otherwise, bears should own a place a bit longer

All ye conservative traders r killin' me, aaaaarrrghh~~~ I would say 20% - 100% is doable. Too many variables. But remember, the main variable is YOU EDIT: Oh, right. When I came to FX I was thinking 'bout making some serious money, ...

200 pips per month is a very good milestone. If you keep those pips and take another 200 every month, it's more than enough! My advice: Don't change your strategy. Polish those skills that already are bringing you profits.

YUUUUUP, after that things should definitely go back northbound

I didn't know there were THAT MANY new homes sold in US So far so good. Bearish momentum till news I suppose...

Well, it looks like the second scenario is taking place... That's really a huge drop, and it's possible it will go down till 1.3680.

Ok boys and girls, time for some market analysis At the moment I see 2 support levels. The first support level is @ 1.3770, which will probably hold and provide some strenght for bulls, especially if New Home Sales comes out worse than ...

Hi. Could you please elaborate why did you come up with such a scenario ?

I don't know mate. I'm just sitting and watching... I think there comes 1.3795

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A joy to share maybe?

@ the very moment I'm getting a lot of mixed signals, so it's no good time to trade. Anyway, I do believe there's a possibility we'll see a correction to 1.3750 (1) or 1.3660 (2) this week. With that being said, I'm moving my house to bears camp ...

Wow, that was an amazing post! Giving this thread a 5 stars in order for this post to be noticed!

P Fed MI is stinkin' low. Departing north

Right now it feels like 1.3800 is a nice short term support for this pair... DUH, let's find out if I'm right, cause if by chance I am, then I think we'll see 1.3900 in near future

Well, more power to you mate My setup is also not at the very perfect point, but I reduced the risk accordingly and waiting for some action...