EURUSD

Not even with all the overhead payments they make

what I love about forex.. all you need is yourself, a computer, and internet connection.

This job can also make you lose more than $7000 in just one day. Good work though

No kidding. It's great that he's made 7k. I just feel lucky that my account has not been completely wiped out yet after 3 months. They say newbies always lose and some will lose all in the beginning.

EURhttp://www.forexfactory.com/images/m...act_medium.gifRetail Sales m/m


This is coming out in 2 minutes. Anybody wants to predict which direction it will drag euro?

down down down it shall head down south.

Short @ 5471

big boys always get the news before public,the euro shows the weak signs before the news like GBP today.

I doubt you can be brought up on charges of insider trading in forex

Maybe time to long .

Bad news for euro zone should send this puppy down south. But there is also US news coming out later. Uncertainty still.

Thus our outlook remains that the downside is still in play and we would expect that we could see weakness that could extend to the 1.5184 level before the market finds a serious bottom. However, the key 1.5415 level still remains in place and as such the market could offer a base here before retesting toward the highs. Thus we remain cautious of attempting shorts from here and would be looking at building structural longs with a stop at 1.5331 aware that if this level falls then the market could move to the 1.5184 level. From a DeMark perspective, TDMA1 continues to suggest a bear bias on closes below 1.5554, but we posted a 9 count buy set-up on Monday, putting the market in line with USDCHF and USDJPY and suggesting USD bears may start to regain control. The house view remains that this market is long term bullish and has offered no termination of trend signals as yet. Thus we would be looking for the topside to be retested and fully expect that we will see the 1.60 level again during the next few weeks. However, this again would be offering a selling opportunity as the consolidation required appears to need a further month to two before it will be able to recommence the bull market.

hehe it's my feeling only especially when the news was so bad.

Just looking to lock in a quick profit since I know the short term move, which is obviously down

Not going to be present to make any moves during the US market session so Great many pips to you all who decide to trade during that news time frame

Closed @ 5455 +16 pips

out for the day..

good luck everyone lot of indicators in US today dont get stuck

Euro is

http://www.economist.com/images/colu...07w25/Bear.jpg

Falling like a rock! lol

Did anybody with ECB came out and say anything about cutting rates? What sent euro nose diving just now?

I just checked what had happened after I took a shower.. how could I have missed this

6:00amEUR
German Factory Orders m/m -0.6%0.3% -0.5%

would do the trick :X

Well it was waiting on EURhttp://www.forexfactory.com/images/m...act_medium.gifGerman Factory Orders m/m
http://www.forexfactory.com/images/m...etail_star.gif -0.6%

this of course