EURUSD

I would rather for big players to actually post in Forex Factory. I see a lot of people posting really good stuff though, so I'm pretty sure we have some big players here, if not they must be on their way.

this going to be ridiculous

The yen pairs all look like they are trying to catch up to the EuroDollar takedown, in which the Asian session quickly dropped it, then let it up, then took it back down. The lazy yen pairs woke up and finally went down too....

Hope you followed it up with action, just enter at the right price.
Cheers

triple bottom on hourly and 15m?

I'm looking at that too, but I'm waiting until it looks like a break of either side of the wedge that's formed before I do anything.

methinks you're abit turned a'rd there...

take the 1900hrs gmt candle... here's the range for the 3 pairs I'm folowing closest.
GY = 247 pips
EJ = 150 "
EU = 53

Now you see why I have been saying this is a yen driven move. Lazy yen? Not.

Up & down again & just check if any news time , none in FF before 2-15 hrs .becoming narrow & narrower ....

It bubble should burst naturally but without fuel may back to pavilion again.

lets see .
fontu

Yea,
you are right. Will check

is it confirmed TB? haha

edit : There is also a Bullish reversal candlestick on EJ hourly...

Uhh, no. Why would it be?

omg!
psiholog put in a short at 1.2819 target 50 pips...no way!



after riding the wave up which shouldnt be surprising...

omg those bastards!!...1 pip away...or 3 possibly(spread)

You do know that news thing that FF hosts is available on any of the major financial or media websites where you can also get all the OTHER news that FF does not have the room to post, or is outside the scope of their intent, right?

There is probably more so called "news" that is driving the current draining and reordering of the global pond that does not get reported as an "economic indicator" than the few scheduled reports and releases that are, most of which are known or have well educated guesses in place well in advance by teams of corporate analysts that get paid to study and evaluate the various forecasts.

That's what "already priced in" means. It's not like the institutional traders are completely in the dark like we are, waiting to see what to do. Some of those releases trigger black box trades that have access to speed and price levels you and I will never see, if the actual result turns out to be a surprise.

I have a paid subscription to a global intelligence and "report on developments" service as they happen or nearly so. I get several dozen 2-3 sentence alerts and followup articles on various things thruout the day. I pass on most of them, but for example there has been a big increase in the number of one paragraph blurbs that this govt or that govt has had to inject some billions into their CB system to avert some problem or disaster.

Most of these things will not even get a footnote on the mainstream media like CNN or whoever. The cumulative effect of all that kind of thing alone has been one of the big factors behind the current yen demand, which is reshaping the entire forex world. That actually stopped being news weeks or months ago. It became the way it is, and will continue until it's not. Don't know any other way to say it.

Here's a taste...
Venezuela and Mexico have released their 2009 budget expectations. The figures show that neither country is well-prepared to weather the effects of the global financial crisis...
--------
The panic rate hike in Hungary also threatens to trigger a contagion effect, similar to the 1997 East Asia financial crisis that was triggered by a panic rate hike in Thailand...

A complete collapse of the forint could trigger banks and depositors to flee, and threaten to take other emerging-market neighbors along with them... so almost all are at risk...

Specifically, if Hungary topples, it could well take Austria with it, and Austria in turn is heavily tied into Switzerland...

This Hungary one actually did get a few seconds I think on FOX, but no mention of the potential consequences... Fodder to ponder.

good decision , scalping within the triangle to me the most safest but this time wasting time without it to see the breakout & big pips .

it should be a,b,c,d,e,failed break last night X,a,b,c( now at 1.2793 to go to finish it at about 1.2740 or less -76 ),d 1.2726 ,e 1.2724-92>>break up or down exact with 10:45am EUR

OR
French Consumer Spending m/m

-0.1%-0.3%


12:00pm EURCurrent Account

-5.0B-1.7B
12:30pm GBPRetail Sales m/m

-0.8%1.2%
12:30pm GBPBBA Mortgage Approvals

20.5K21.1K



Just all assumptions ,forgive me.
fontu

your post amuses me. it sums up my thoughts in a nutshell. what happens next is we move around in a circle thats what happens...dont get dizzy now!


btw...no need for forgiveness...im as confused as you are

A little technical in a couple places but overall excellent article to expand on what i posted earlier about "developments" vs the news. Also includes a link to a good daily blog site by the author for ongoing discussion.
http://www.forexfactory.com/news.php?do=news&id=118600

There was a few second 100 pip bear spike a little while ago on the GBP... There's some specualtion someone may have gotten the GBP release numbers a bit early... will be watching to see if it's significanly off estimate.

i want to show you guys something...its quite amusing. as you know i use overlapping fibs big time. so what i do is draw fibs from each low to high...high to low...see where fibs overlap. the range is getting tighter and tighter. bottom is now 1.2765 top should be 1.2800...dont let the fibs overwhelm you now...im still managing!



scalp heaven...oh man this brings back memories...havent done this in a looong time....screw the big moves...little bites here and there

These are no endorphins Psi!

We go downward, but a descending trend was slowed