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EURUSD

  • #6,301
  • Apr 7, 2008 3:40pm Apr 7, 2008 3:40pm
Quoting Fx_Genius
Oh, give me a home where the yen's roam
Where the euro and the dollar play
Where seldom is heard a discouraging word
And the skies are not cloudy all day

Home, home on the range
Where the euro and the dollar play
Where seldom is heard a discouraging word
And the skies are not cloudy all day

The only thing being traded here is boredom.
LOL! Good one Fx_Genius...
  • #6,302
  • Apr 7, 2008 4:02pm Apr 7, 2008 4:02pm
Hello, i have been watching this forum for a while and it is amazing.

I say hello to all.

As i have learned, patience will be paid! I'm sleeping on my labtop and almost snoring. But, patience will be paid.

Thank you all for to build such a good forum day by day. I have learned a lot just reading.
  • #6,303
  • Apr 7, 2008 4:08pm Apr 7, 2008 4:08pm
Quoting Tradethepips
Hello, i have been watching this forum for a while and it is amazing.

I say hello to all.

As i have learned, patience will be paid! I'm sleeping on my labtop and almost snoring. But, patience will be paid.

Thank you all for to build such a good forum day by day. I have learned a lot just reading.

Just Learned and patience ?... Waitting Fed announcement ...cut rate or not...
  • #6,304
  • Apr 7, 2008 4:24pm Apr 7, 2008 4:24pm
Yeah Samclider, i have made good pips, good dollars, but few bad trades have took them away trying to go really long with them. Bite by bite i can make good pips, I have learned that for good.
  • #6,305
  • Apr 7, 2008 7:15pm Apr 7, 2008 7:15pm
what in the world is goin on ???????
"Lunch ? Lunch Is For Wimps !"
  • #6,306
  • Apr 7, 2008 7:16pm Apr 7, 2008 7:16pm
Quoting kharvell
Words wisely spoken, Dave.

I personally believe NFP results are not necessarily priced in yet. All we got from the horrible unemployment readings was a wimpy spike. I believe that someone(or multiple someone's) wanted to make money short while everyone was sleeping on Sunday, but the gap will be filled, and the unemployment numbers would make me believe we'll see a test of high's again.

In my opinion, this is a result of higher oil prices. We are pretty reliant upon oil, and more expensive oil creates essentially more expensive everything. With our weaker dollars, this is a bit of a double whammy.

Best of luck,

Kevin
150 pips here. The gap filled as I suspected, we'll see if we test new high's now.
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  • #6,307
  • Apr 7, 2008 7:22pm Apr 7, 2008 7:22pm
wow amazing in EURO..

i just made 70 pips on EURUSD and EURJPY hit TP 50pips just in 5 minute only
good start for today..acctually what kind of news?

anyone can explain for that
  • #6,308
  • Apr 7, 2008 7:22pm Apr 7, 2008 7:22pm
what caused this illrational move????



Quoting kharvell
150 pips here. The gap filled as I suspected, we'll see if we test new high's now.
  • #6,309
  • Apr 7, 2008 7:29pm Apr 7, 2008 7:29pm
Quoting alsup1955
what caused this illrational move????
My guess is it's a dollar-related thing. As I quote in my post above, I never thought that Unemployment #'s for U.S. (Extremely poor) were factored in last Friday. Sometimes it takes time for the news to kick in.

Why did the Euro start things off? No idea. Some big players probably started the move and others perpetuated it creating the spike.
  • #6,310
  • Apr 7, 2008 7:36pm Apr 7, 2008 7:36pm
Quoting kharvell
My guess is it's a dollar-related thing. As I quote in my post above, I never thought that Unemployment #'s for U.S. (Extremely poor) were factored in last Friday. Sometimes it takes time for the news to kick in.

Why did the Euro start things off? No idea. Some big players probably started the move and others perpetuated it creating the spike.
I just sat down to the monitor and was like, WTF?

Yea didn't expect that, but I guess it had to do something, other than sit on the weekly pivot all week long.
  • #6,311
  • Apr 7, 2008 7:39pm Apr 7, 2008 7:39pm
Quoting Ultraman
wow amazing in EURO..

i just made 70 pips on EURUSD and EURJPY hit TP 50pips just in 5 minute only
good start for today..acctually what kind of news?

anyone can explain for that
wow..i made 100pips again n currently i gain +57pips
short : EURUSD, EURJPY,USDJPY,GBPJPY,GBPCHF
  • #6,312
  • Apr 7, 2008 7:44pm Apr 7, 2008 7:44pm
Hi Ultraman,

What is your target for short gbp/chf please. Thanks
  • #6,313
  • Apr 7, 2008 7:49pm Apr 7, 2008 7:49pm
Quoting sharon_gpl
Hi Ultraman,

What is your target for short gbp/chf please. Thanks
+53pips
i already put TP n SL at thread GBPCHF..just trail u post
  • #6,314
  • Apr 7, 2008 7:51pm Apr 7, 2008 7:51pm
hi,

i'm the one who interest in this?

what happened now and next?
  • #6,315
  • Apr 7, 2008 7:53pm Apr 7, 2008 7:53pm
"Euro Rises on Speculation Interest Rate Advantage Will Widen "

April 8 (Bloomberg) -- The euro rose against the dollar and yen on speculation the European Central Bank's focus on curbing inflation will widen the region's interest-rate advantage.

doesn't really say much. best explanation yet nonetheless.

edit: oh wait, greenspan was badmouthing US in tokyo. so there we go.
  • #6,316
  • Apr 7, 2008 8:19pm Apr 7, 2008 8:19pm
Thanks for the info Kayoubi...

Have to think hard where euro gonna move today...
  • #6,317
  • Apr 7, 2008 9:11pm Apr 7, 2008 9:11pm
Hi there, i see the same formation than march 25th. Asia tryed to bring it dowm the day before, it close the gap same day. And on tuestday, Asia made his move and in two days it climb almost 400 pips, from 1,5457 to 1,5847. Same? Please post insights and views. They are very appreciated.
  • #6,318
  • Apr 7, 2008 9:14pm Apr 7, 2008 9:14pm
Quoting Kayoubi

edit: oh wait, greenspan was badmouthing US in tokyo. so there we go.
Sounds about right
  • #6,319
  • Apr 7, 2008 9:19pm Apr 7, 2008 9:19pm
1.5816 and 1.5888 trend line resistance ahead, if it keeps to the greater triangle. A blast through both could be fake or trend continuation. Hard to say witch.
  • #6,320
  • Apr 7, 2008 9:56pm Apr 7, 2008 9:56pm
This spike will certainly be corrected at the London open.
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