EURUSD

...going to 1.3916

I were just thinking the same

possible to retest low. Will it break? time will tell

No, please, please don't give up. If I don't get a steady dose of your regurgitated "wisdom" I don't know whatever I shall do!

a long at 1.3915 for 10 pips is not a bad idea don't u think.

I have a very small short from 1.3951 sl 1.3997.
Will close this position on Dec 31, 2009, if not stopped out earlier.

Morning Trooper & hope all ok.
fontu

try

Your name says the rest...

hello traders, Ive been a part time trader for along time now and also a part time forum reader. i'll stop in here every other month or two and follow the posts for awhile. People come and people go maybe they get rich and go off to live a new life and forget all about us.

As traders we look for pattern in the market and try to profit from following them. the reason i'm writing is because i want to share the pattern ive found in this forum.

90% of post include:

1. You need to trade a plan to make money.
2. You have to control your emotions.
3. You are your biggest enemy.

Just because somebody does that or says that doen't mean they make money. Just because you know this won't help you much. But most of all you really don't need to be repeating it. Anybody have serious about trading will run accross this many times

Is anybody really helping anybody make actual $$$$$

Lets focus on things that acually may help somebody make money. Post your charts tell us why you entered, share a new idea???

Anybody interested in starting a post where we can work together to build a trading system that works and/or sharing new ideas......

"Don't trade with your emotions" is NOT a new idea.

Pm me if your interested. thanks bye till next month.

English is my second language.

In school, I went through great efforts to learn this language. And although I admittedly make spelling and grammatical mistakes at times, I make every effort to write correctly so that my peers understand me.

For those of you that are not familiar with this feature, I suggest that you spell check your posts before putting them up.

English may not be your first language and I'm sensitive to that. But please, if you do not have a spell checking feature installed on your computer, may I suggest a site such as http://orangoo.com/spell/ where you can check your spelling for free.

In the same vein, unless you have fingers that have been amputated, I ask that you please refrain from using abbreviations (what is a "boz" anyways?). You are on a site and not sending text messages to your friends so please act as such.

can anyone tell me what drading opposite
100 ema
is not safe
?

Did that but it's regurgitated "wisdom"

Why would one need to send you a PM over a new thread?

As always - eloquently said, my friend!

The greenback has been supported across the broad by the end of the last week after the release of May US non-farm payroll which has shown a loss of 345k jobs which are lower than the market consensus of 525k. The labor data show that the recession pressure has got down recently and the recovery is aggregating. The market believes is this recovery have increased recently after the release of US Consumers confidence of May which increased to 54.9 and these new labor data came to ensure these believes again. The US stocks indexes future have increased strongly directly after the data and the Dow has opened above 8800 gaining more than 100 before exposing to the profit taken with the beginning of the US session directed it to the red territory before getting back some of its lost gains to close at 8763 up by just 12 points. The greenback has suffered from these strong gains in the beginning before making its strong rally across the broad.

The single currency has fallen below 1.4 by the end of the last week after last Thursday ECB decision to keep the interest rate unchanged at 1%. Trichet has confirmed the ECB executing of its 66B Euros buying of AA covered bonds with mortgage loans or public loans plan to afford liquidity to stimulate growth from the beginning of July. The ECB is expecting the growth in the Euro zone to shrink from 4.1 to 5.1 percent in 2009 and the inflation to be from 0.1% to 0.5%.

The cable which was already undermined by the political concerns around the Labor party future has come under the same pressure to close below 1.60 too. The BOE decided too to keep the interest rate unchanged at .5% keeping its quantitive easing plans of buying 125b pounds of UK bonds affording the required funds to stimulate the current struggling economy. This program has initiated with 75b pounds to be ended by this month but it has been extended to 125b and it can be prolonged to August.

The gold after finding support at 960 $, it could not be sustained above 980 after the labor data and it has fallen too below 960$ again. The gold has found support recently from the worries rising about the US treasuries confidence amid the current increases of the commodities and energy prices which come accompanied with the rises of the market confidence in the recovery.

God Willing, it is important to wait for the release of US Retails sales of May later this week which are expected t be up by .3% after April declining by .5% excluding the auto sales and also, we wait by the end of the week for the preliminary reading of University of Michigan consuming sentiment survey of June which is expected to increase to 69.9 from 68.7 in May.

Best wishes

good talk man u real understand

that takes all the fun out of it

Well at least I can understand that the f@#k you're trying to say...even if I have to read it two or three times.

But some of the newcomers I can't understand after reading it 10 or 15 times. I can be dense but not that dense.

*L*

i dont think with all that temper u can even trade this market...

patience is most important factor to trade Forex isnt it?