EURUSD

Did the bull wake up, are we back in business... any thoughts?
my target is still 2960
Thank you

if close candel 1h upper 1.2916 .. yes . maybe i see 12960

it doesn't look like we are going to break 2920, it's time to test the lows again
patients is a virtue

Check EURGBP, EURJPY, EURUSD...


Hows that for correlation!?

Good night guys! Later!

I think we are stuck in this channel till the Morning, I am off to bed,

Pips for everyone

There's a big bad bear and his brother in the 1.2926 and a couple bulls at 2864 - it's going to take the London market to break this cycle.

I am thinking long !!!

impresive, 2920 or so.... to the mark, I wish when I grow old, be like you Sr.

Bemac isn't the Oracle, he tells the Oracle what to do.

Bemac predicted that the eur/usd pair would go up to 3100...in 1986

Bemac doesn't get pips, they just surrender.

Just busting your chops Bemac

The 4hr chart shows a symmentrical triangle in a downtrend. Price could plumment off the triangle if not today could see price seesaw back this triangle.
The 1hr chart price is heading up.
http://1.bp.blogspot.com/_sj5wN7PNZB...+09+eurusd.gif

EUROPEAN FX OPEN] The Pound dumped across the board in preceding sessions ahead of a likely very negative UK Jan jobs report to come.

[CREDIT SUISSE] swung to post a Q4 net loss of Chf 6.02 bln, more than forecasts on a Chf 4 bln loss, and coming on the back of writedowns amounting to Chf 3.19 bln for structured products and big buyout loans.

The [GBP/USD] traded on the backfoot for most of the Asian session slipping from an earlier intraday high around the 1.4565 to an intraday low around the 1.4400 level filling buying levels at 1.4440 on selling from an Asian name and UK Clearer. The pair was also dragged lower on heavy buying of the Eur/Gbp by a European name and macro funds sending the cross to an intraday high around the 0.8955 level. With market players anticipating more job losses and higher unemployment when the data is release at 9.30 GMT as well as the BOE expected downgrade of both economic growth and inflation when the BOE Quarterly Inflation Report is release, earlier selling orders at 1.4565 with more at 1.4590 will prove to be a formidable resistance ahead of the data.

if the gbp bust threw support 4403 then 4361 both extremily strong supports you can ping pong off each other... after this next small bump 4276.....then srong support 4208........ at least they were on the way up and down last time

*drops a pin* damn it is quiet

That pin fell on my bare foot. I think it broke the skin

for some reason i dont think the euro is going to rally during the us session like the passed 2 days it might if stocks rally

A me too, please

BTW: See you on friday for a scotch in the bull&beer

man im back to reading tea leaves.....the bad part is i have trouble reading english... so tea leaves is a stretch..gbp hit my.... sl but at least i got 67 out of it first....re-enterd with a tiny position at 4442...sl 4511.......might be a crap shoot...

Today like yesterday I am doing an almost identical trade. I am long until 2980. I have a stop at 2888. I'll see how things pan out with the trade and modify if necessary.

My strategy is based around pivot pts and psyche levels.

...any particular reason...? or is that 'just a feeling'...?

edit: i am getting really hacked off with this forum platform not working properly, replies lost... refresh don't work half the time...lost connection b/s..