Major Move Starting tonight in EURUSD ??

I know it sounds nutty, but I use a timing system for position trading currencies.

I got concurring signals on my method on several time frames. I think we may be in for some action this week.

The problem I have is that forecasting the direction correctly is (of course) not easy. To me, it looks like a big move down in the EURUSD is coming this week. Normally, I would expect consolidation after the big moves we have had and we have been getting that to some degree.

I have a couple time frames to watch.

8-25 Tonight, beginning at 7:30.
8-25 Tonight at 11:00
8-26 tommorrow morning around 6:00AM
8-28 Thursday - All day with either a major trend change after the close or major follow thru on the direction ending on Thursday.

The last time these signals lined up we moved down about 700-800 points over 30 days or so.

Guess I will just try to be alert and go with the flow. The signal I got started on 8-21 at 12:00 Noon in the NA session.

On this first leg (if it in fact does move down) I have about 100 -125 point move for today/tommorrow's session.

Interesting thoughts. Would like to see what happens.

DUDE, you must be omnicient (did I spell that correctly?). Like 15 minutes or less after your post it slid 30 pips

I will be watching your other times carefully!!

FW

PS what are those signals anyway??

Yea, was about to say... I did get those 30 pips.
what timezone are these times?

I was straddling that congestion and got lucky, moved my stop manually until it bottomed. Usually don't hover over the screen but just got lucky. I'm straddling 1.4725 right now cause it's gonna do something pretty soo...

whoop there it is.

I am in Eastern US.(EST) (GMT - 5) with DST -4

That was a great call.

Tokyo really punished the euro last night and it looks like it'll be another rought one tonight.

Especially if it goes under 1.4695, then it may retest the low.

Intresting theory BWRider, mind to share?
Also why does it imply a big move in EUR/USD? How about GBP/USD, should be the same,ha?

Now we are at the 6:00 AM milestone and we are down about 160 points. I see some big orders on the bid coming in on the futures.

I still have clear sailing down on the EURUSD, but on the EC I see a possible reversal of direction. Guess we will just have to see how it plays out.

Looks like Options Olympics are having opening ceremonies.

There is quite nice article on USD here:
http://www.forexfactory.com/news.php?do=news&id=102837

It says that USD get strong, but it's not quite a finnish.
Now Im long UJ and wait for US news, to decide. It's gona shade downrun from morning, or go further. No sideway option

l appreciate your finding i think one has to study it so that i wont be left out in the whole thing. but i am using a +1 gmt time zone how do i calculate the diffrence to meet up with your focast