EURUSD

i'm trade at TF15M refer only at TFH1,
today im not use Stop Loss or Trailing Stop,
i have a bit confidence that EURUSD may going up after touch a new low today which someone expected will be touch at 1.5550..

hope my long post getting better

where ur 2nd and 3rd target?
im choose ur 3rd target
i getting floating LOL

i have a long at 1.5639, right before it plummeted. hopefully it will go back up

what do you think news at 10AM US session?
if bad news for US then good news for EURO,

Just don't know any more. Not sure what the news will do for euro, whether the news is good or bad. This thing doesn't seem to have any life left in it. Just keeps dropping...

And I note again, it's not because USD is strengthening. Look at other major currency pairs. It's only strengthened against euro. Don't understand why.

i like to say,...again, and again,..im all in at 1.55730, tp 1.56066, sl at 1.55286, will add if we pass my entry,...lets hope together...

I shouldn't have put the stop at breakeven.....


new target... 1.5418

Think I found the reason why euro dropped:

http://www.bloomberg.com/apps/news?p...mEg&refer=home

i also hopping dude,
but do u know news for US at 10AM?

Long TP 1.9850

IMHO news are not that important for today.
I have recently observed that last couple of weeks, EJ [that i refer to] used to range. So most of a days at the time around US open it used to go back.
Today support wasent breaken. [I mean price didnt left below it] so I expect price to go back - everything is for. Even your morning news.
Now we can see some corrections, so I wouldn't go long yet. But when US will wake up I'm taking first signal up.
If low for today will be hited violently I'm changing plans.

There is a thread for gbpusd exclusively. You should post there.

lets start screaming together...LONG EU LONG...
shall we...:

so Kaligula are u looking for long post since US session soon?

yerp, LONG EU LONG just wanna keep smooth in my heart

I was in at 5630 miss my target by 4 pips and still holding on. Now its bouncing of 5539 which is a strong res. I think the news will push this thing even lower close to 55xx or maybe even 54xx. 4hr and Daily TF shows strong bearish momentum. Not a recommendation just my trade- I could be wrong

Good Luck

come on EURUSD,
u should up rite now

Also caught the ride short... Wouldn't put my money long, but it might be OK for you ultraman.

Good luck

15:23 04/28 (CEP News) – Economists expect the Conference Board's consumer confidence index to continue falling to 62.0 in April's report on Tuesday, following substantial declines in other measures of consumer sentiment.
In the previous month, consumer confidence fell almost 12 points to a five-year low of 64.5. Both components saw dramatic losses as the expectations category declined to a 35-year low, falling to 47.9 from 58.0, with the present situation component plummeting to 89.2 from 104.0.

Sal Guatieri, senior economist at BMO Capital Markets, said the report is "not too important" because there have already been dramatic declines in the Reuters/University of Michigan index as well as the weekly consumer comfort report, which he expects this report to simply confirm with a 61.0 reading.

Haseeb Ahmed, U.S. economist at JPMorgan, said the headline will likely drop several points to a level below the consensus forecast of 62.0, but his eyes will be focused on the labour market assessment, which he said provides a good gauge of how the job market is.

Consumers' appraisal of the job market was quite pessimistic in March, with those saying jobs were "hard to get" increasing to 25.1% from 23.4% and those claiming jobs were "plentiful" decreased to 18.8% from 21.5%.

Guatieri said economists translate the labour conditions index into forecasts for the unemployment rate, which may uptick to 5.2% when April's employment report from the Bureau of Labor Statistics is released on Friday.

The Conference Board report follows a 26-year low in April's consumer sentiment index from Reuters and the University of Michigan, which fell to 62.6 in the final release last week, down from 69.2 in the previous month.

Meanwhile, the consumer comfort study from the Washington Post and ABC News tumbled to -40 last Tuesday, the lowest level since July 1993. The weekly index has been below -30 for 12 consecutive weeks.

After the March report, Lynn Franco, director of the Conference Board's consumer research center, said, "Looking ahead, consumers' outlook for business conditions, the job market and their income prospects is quite pessimistic and suggests further weakening may be on the horizon."

Before the economic turmoil began, the Conference Board's consumer confidence index reached an annual high of 111.9 in June. The subprime crisis caused a four-month decline to 87.0 in November before rebounding by a few points before the holidays. The index then resumed its downward trend in January, falling from 87.9 to 64.5 in the first quarter.

By Patrick McGee, [email protected], edited by Cristina Markham, [email protected]
(END) CEP Newswires - CEP News Ltd. 2008. All Rights Reserved. www.economicnews.ca