EURUSD

No help real for EUR on trade balance...below forecast..but gap narrows...lets see...

No major impact of USA Trade Balance News,,,

EURO will test 1.5000

looks like uptrend going to start soon

???

Looks like market was expecting more positive result than what it got.

its up.. maybe wait for NYSE open ?

good time for short

12:29 USD/JPY: Stock Downgrades, Write Downs Help Weigh on USD San Francisco, August, 12. USD/JPY trades at 109.90 this morning having eased sharply from 110.20 over the last hour and approaching the London low of 109.85. Seen weighing on the USD this morning are stock downgrades and bank writedowns with JPMorgan Chase taking a $1.5 bln write-down late Monday. Goldman Sachs has been downgraded by Deutsche Bank this morning and McDonald"s has been downgraded by UBS. In addition, the UBS losses are also weighing on sentiment with DJIA futures down 23 pts so far this morning. Overall, the USD is due for a correction from recent gains, and the USD retreat is also seen reflecting that sentiment. Support is eyed at 109.30 and 109.15 on a move lower. [email protected]

Looks like it...

this will do

I wouldn't make way too hasty conclusions about that...
Just today we had a new low and things appear to progress well to at least complete the move for the double top reversal on Daily, which is around 47-475..

I hope you guys caught it but still be careful and use tight stops to lock in profits.


Bruce

May be this will try to touch 50 today, but the trend is still down IMO

Short,

Partial entry

Would have liked to see a better spike north first, still might get it. Balance entry better if we do

My target once again 1.4820-25

fast money

after NYSE open I might go short

Like I said, reversal near 50 likely. Took a quick 13 pips, I think it may give it another shot before dropping.

Those google guys... see what absurd amounts of coin can do?

What is the market doing? It looks like it really wanna test 1.5000
Stopped my shorts really bad. But in my opinion it has to go down... longer term trend looks like still South.

Took another short at 43, I believe that if it's not taken out (sl in mid 60s) soon I'll leave it running for a good 100+ pips today.

I lost today 10% of my account. Not because I was wrong, but because my stops were to tight or I put the buy/sell order to low or too high.

This s*cks

we'll see 1.5050 very soon