EURUSD

"Sigh", then you're not gonna ask for the video.
Thank you.

nope.. i put nothing on this pc..its my bread and butter..

In that case: don't you have backup? Desktop and laptop or so?
If this was my bread and butter I would have at least 3 computers and 3 different internet connections.
But I do really hope that within a year of so, I can say the same: this is my bread and butter.
I admire the people who have the courage to do this for a living. My NAV is just not big enough yet.

areas to watch for s/r the closer the numbers should be the strongest...3117

3083 3065 3054 3034 3005/2991 2966 2945 2928 2902 2879/73/71 2864/59 46 25 2763 55 wervt4vbvrberbeb bbhrtvywevtr3vybu

added later..
2966 area has been taken out... 2946 has been tested...gbp is weakening more and more... chf is testing upper trend line.(2 week old trend). eu is presently below the this recent moves fib 2977 area... 23.6%... im speaking as a longer trend trader... further down looks good... scalpers should give some respect to above numbers and 2977....if your gonna long move sl just below these numbers if able... the euro index did pierce the lower trendline of my friday chart but since is back in trend. its looks to be forming a bear flag on 4hr...ask a guro to comfirm this..also on the usd index from fridays chart has broken north ofthe 50 fib i posted.. do your own analisis.. my fuo is lower.. and longs are more risky considering we have a loaded spring.and i will add to my shorts on pullbacks.. consider this take your normal trade of 1% divide it by 400/500. use this amount for sl...and 1.5 X for tp.. if it continues short move sl just above that fib. but this gives it room to breath until then.the most risked is 1% the potential profit on a continued move goes higher if this trend continues..this is what is meant by let your winners run.... imfuo.. good luck...

even with backups im dont even let mypc talk to my other putor..ive had spyware virus ect. in the past.. i dont want anymore... if i use it in certain ways only it decreases chances of problems..most software is written with a back door..the less i keep on dc the better..

Yeah spyware and stuff is a PAIN I rarely surf around and don't install any software I really don't need especially tool bars.

Pretty much no one bothers to surf the net anymore they stick to there few sites they trust and thats about the end of it.

nearly 6am here, I better get some sleep, me addicted NO LOL

Euro Falls to One-Month Low on Concern Europe Economy to Worsen


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By Ron Harui
http://www.bloomberg.com/apps/data?p...d=i.fuMbdp9N2g

April 20 (Bloomberg) -- The euro fell to a one-month low against the dollar and weakened against the yen on concern the European economy will deteriorate as central bank officials disagree on the measures needed to combat the recession.
The yen rose versus all of the 16 most-active currencies as speculation the global slump will deepen spurred investors to cut holdings of higher-yielding assets. The Dollar Index approached the highest level in three weeks on prospects a U.S. report today will show a gauge of the economy’s outlook improved. The South Korean won was the biggest decliner against the greenback as importers may be taking advantage of six weeks of gains to pay their bills.
“Investors fear that European policy makers aren’t doing enough to safeguard the economy,” said Danica Hampton, a currency strategist at Bank of New Zealand Ltd. in Wellington. “Any sign that the euro zone economy is deteriorating will likely add to the downward pressure on the euro.”
The euro dropped to $1.3007 as of 1:26 p.m. in Tokyo from $1.3044 in New York on April 17. It earlier declined to $1.2967, the lowest level since March 17. Europe’s currency fell to 128.55 yen from 129.33 yen, after touching 128.17, the weakest since March 30.
The yen climbed to 98.82 per dollar from 99.16 last week. It advanced to 56.02 versus the New Zealand dollar from 56.32, and rose to 71.02 versus the Australian currency from 71.64. The won declined 0.7 percent to 1,341.35 per dollar.
Worsening Economy
The euro weakened against 13 of the 16 most-active currencies this month on signs the recession in the 16-nation region is deepening. Germany’s ZEW Center for European Economic Research in Mannheim may say tomorrow its gauge of current conditions fell to minus 90 in April, the lowest since September 2003, from 89.4 in March, according to a Bloomberg News survey.
ECB governing council member Miguel Angel Fernandez Ordonez will speak in Madrid tomorrow, and vice-president Lucas Papademos will speak in Strasbourg, France on the same day.
“There are cleavages on the unwieldy decision-making ECB governing council,” said Sue Trinh, senior currency strategist at RBC Capital Markets in Sydney. “The market sees the apparent disunity as a reason to sell the euro.”
ECB council member Axel Weber said last week the bank shouldn’t lower its 1.25 percent benchmark rate below 1 percent, putting him in conflict with policy makers who say borrowing costs can drop below that level. Council members George Provopoulos from Greece and Athanasios Orphanides of Cyprus have indicated they may support cutting the target rate below 1 percent and buying debt to pump money into the economy, a policy known as quantitative easing.
The ECB will lower its benchmark rate by a quarter- percentage point at its next meeting on May 7, according to a Bloomberg News survey of economists.
Yen Gains
The yen rose for a third day against the euro as concern the global recession will worsen helped push down Asian shares and U.S. stock futures.
“Worries that Europe’s response to its recession is lagging behind other countries is causing risk aversion,” said Tsutomu Soma, a bond and currency dealer at Okasan Securities Co. in Tokyo. “The yen is being bought and may strengthen” to 127.55 per euro and 98.51 against the dollar today, he said.
Japan’s Nikkei 225 Stock Average fell 0.7 percent and the Standard & Poor’s 500 Index futures dropped 0.8 percent.
Dollar Index
The Dollar Index climbed for a fifth day, its longest run of gains since January, before the Conference Board releases its index of leading U.S. economic indicators today. The gauge fell 0.2 percent in March, after dropping 0.4 percent in February, according to a Bloomberg survey of economists.
President Barack Obama said yesterday he will demand “accountability” from any U.S. banks that require additional taxpayer money following “stress tests” being conducted by regulators. The tests are being used to determine whether the companies have enough capital to cover losses over the next two years should the economic recession worsen.
“The policies being taken by the Obama administration are fast and comprehensive and there are signs the recession there is waning,” said Masanobu Ishikawa, general manager of foreign exchange at Tokyo Forex & Ueda Harlow Ltd., Japan’s largest currency broker. “This is positive for the dollar.”
The Dollar Index, which the ICE uses to track the greenback against the euro, yen, pound, Canadian dollar, Swiss franc and Swedish krona, rose to 86.083 from 85.981.
Lower Volatility
Gains in the yen may be tempered after the JPMorgan Chase & Co. benchmark index of investor expectations for currency swings dropped to a six-month low of 14.4 percent on April 17.
Lower currency volatility indicates smaller exchange-rate fluctuations that can erode profit on so-called carry trades. This strategy involves borrowing funds in countries with lower interest costs, such as Japan, and investing them in nations with higher rates, allowing investors to pocket the difference.
“Big currency moves are behind us,” said Maxime Tessier, chief of foreign exchange at Montreal-based Caisse de Depot et Placement du Quebec, Canada’s biggest pension fund manager, with C$120 billion ($98.6 billion) in assets. “The volatility spike has to unwind itself over time. Selling volatility has been the winning trade so far this year and will continue to work well.”
The benchmark interest rate is 0.1 percent in Japan and as low as zero in the U.S., compared with 3 percent in Australia and in New Zealand.
The Korean won fell against the dollar and the yen as importers took advantage of its recent gains to convert funds into dollars. The currency rose 5.3 percent in the past month as overseas investors increased bets on emerging-market assets amid signs the global recession is easing.
“There are not a small amount of import deals coming in,” said Roh Sang Chil, a currency dealer at Kookmin Bank in Seoul. “But the won is supported as foreigners remained net buyers of stocks, supplying the market with foreign exchange.”
To contact the reporter on this story: Ron Harui in Singapore at [color=#0066cc][email protected][/color].
Last Updated: April 20, 2009 00:27 EDT

HHHMMMM, No one trusting Norton and McAfee?

I closed my longs @ 1.3012 with 25 and 17 pips profit. I don't trust it anymore.
Keeping a close watch now for what to do next.

You buncha pervs... thought you could use these maybe...

PS.. g'nite.

if we dont hit paridy in the next 3 hours im going to sleep *L*

You better go to sleep now. In what time zone are you? Its 10:23 pm here in San Diego

central

eastern here.

trading will make u age fast

Why?
I believe you when you do it for a living.
Personally at this moment I see it as gambling with the edge of the house.
And of course if you have the edge of the house, you will always come out a winner, because the only way to win money in a casino is to own a casino.
Go ask Donald Trump for more info.

http://www.philly.com/philly/busines...p_motions.html

I think I'll pass, but thanks!

Just been topping down from the Daily to the 15 min, I see a good short soon at below 1.3007.

Keep an eye out if you see the same.

Philly....what a fun place

wake my up at 2485 so i can move sl up... time for a nap

Very interesting, but I don't think Trump will feel much pain in his wallet.
In fact, he's just playing politics, filing bankruptcies were he sees fit, and increasing his personal wealth in the meantime.
He's just an extremely smart guy.