EURUSD

next 2 weeks extremily important..one way or the other.. it could be volitile. many traders took last week off (extended weekend also). unemployment report is still sinking in..so far the crazies have not blown anything up this weekend. so without a sunken ship, blown pipeline, attacked platform, ect. my sediment remains the same.
http://www.bloomberg.com/apps/news?p...d=aR7yfqUwTb4M
http://www.bloomberg.com/apps/news?p...d=a8_dpTbkyBlU

http://www.bloomberg.com/apps/news?p...d=aYvKkO4t5tCc
http://www.bloomberg.com/apps/news?p...d=ay5VLXmvWVHs
the above news is mixed..some are fact... some are opinion.. separate the 2.. some dollar bullish some bearish..fact is fact to me.. the rest is bs. imfuo


Unemployment in the 16-member euro region increased to 9.5 percent in May from a revised 9.3 percent in April, the European Union statistics office in Luxembourg said this week. The U.S. unemployment rate rose to 9.5 percent in June, the highest since August 1983.
U.S. Consumer Confidence
A separate report showed confidence among U.S. consumers slipped unexpectedly in June. The Conference Board’s sentiment index decreased to 49.3 from a revised 54.8 in May.
National benchmark indexes fell in eight of the 18 western European markets. The U.K.’s FTSE 100 slipped 0.1 percent, while Germany’s DAX dropped 1.4 percent. France’s CAC retreated 0.3 percent as PSA Peugeot Citroen and Renault SA declined.

to many other things to mention.. i posted both sides if you want to read full stories. just click

Gator, could you kindly paste a link to a site that shows USD index? Is there any GBP index? Thanks.

Breaking news:

BBC reports that Russian energy giant Gazprom firm has signed a deal for a joint venture with a Nigerian state-operated firm to build refineries, pipelines and gas power stations in Nigeria.

The new firm will be called NIGAZ.


We kid you not.

So now instead of blowing the pipeline up, the Nigaz wil just turn it off!

here chickie.. i added some lines that at thought could be important at a glance. they are within 25 pips or so..i also added the ex. i added a few trends also. but i trust trend lines less during consolidation.. consolidation/trendlines can say they are broken when they are not. i only trust numbers. imfuo.. i hope you see what your looking for..i see something but you have to come to your own conclusions. no gx that i know of.. i figured a chart is what you needed.. id pay attention to the bottoms..

*LMFAO*

Thanks Gator, a silly way of thinking, but I can not ignore thought in the below link. That is why want to keep an eye on the indices.

http://www.forexfactory.com/showpost...&postcount=488

Here you can get many informations like Dollar Index and more : http://www.ino.com
Here's the link for Dollar Index : http://quotes.ino.com/chart/?s=NYBOT_DX&t=f

This site give for free many informations but they sell things like signals ... The free part is ok. Hope this can help.

what conversion are brokers recommending now? mine did not recommend one. originally they just gave the option..you checked the one you wanted. but im like you. in believing they would recommend the one in the brokers favor.

Nonsense, period.

Every week is equally important.

Lets bring up a chart of weeks importance levels and slap a MACD on it and see what we can do with it, shall we?

Well I did some analysis on the 1H chart and the current downtrend was halted by a stopping volume bar. It appears as though smart money has absorbed most of the selling at this price level. The next bar an upbar was confirmation for me to enter a long position based on the hourly chart. Mainly because, there is strength in the background.

not really if you put the 1.6035 high week equally as important as last week your in the wrong business..

From near as I can tell, the original indy of this was called "#SpudFibo", however, all those that I can find on the internet have missing lines of code preventing some of the fibo lines from being displayed. And that includes the one currently on Sonic's site. That is where I first came across this indy many moons ago. It is still listed there, and it still has missing lines of code and a coding error that prevents one of the lines coded from being displayed....these problems are consistent in every version I have found on the internet. I have attached two indys to clear up these problems.

#SpudFibo_v1 is from the original version. Coding has been restored and corrected so that all originally intended fibo levels are displayed. Additional coding enhancement allows each of the three fibo groups to be turned ON/OFF independently of the others. And the indy itself has an ON/OFF switch, so that it can remain in your chart's list of indicators, but activated only when you want it.

#SpudFibo_v2 makes two further refinements which make for a cleaner look on the chart. One: the diagonal line across the central fibo is changed to a left boundary vertical line; the same as with the upper and lower fibos. Two: The bottom level of the upper fibo was the same as the top level of the main fibo. The result was the line was the color of the top fibo and the text was the color of the main fibo. Now each fibo group color is confined from the others. This required shifting the upper fibo so that its bottom level was not the same as the top level of the main fibo, and this in turn required assigning new values to all the upper fibo levels, values that would put the shifted lines where they should be. Do not be surprised if occasionally there is a level 1 pip different from that shown in v1....with computer "rounding" of numbers it cannot be helped because with just a fraction over half a pip you end up 1 pip lower or higher. Comparing v1 and v2, so far I have not found more than two levels out of all 43 levels that show a 1 pip difference. But, it is for the reason of this difference that I took the time to fix v1, just in case you prefer it.

Edit: Removed attached indys for a quick fix.....will add them back soon.
Edit: Attachments added back. One label had a wrong # in it.

Edit: Added v3. This version restores all levels to both the upper and lower fibos. Display of lines is better coded to eliminate overlap causing the two colors of adjacent fibos to display on the same level/text label. An indicator ON/OFF "switch" is added so that the indicator can remain on the chart's indicators list, yet be turned on only when desired. Each fibo can be turned on/off independently of the others. The main fibo diagonal line can be switched to a fibo left border line as with the upper and lower fibos for a cleaner chart appearance.

The v3 version is recommended over v1 and v2, as it has all the features of v2 without having to shift the upper and lower fibo levels, i.e., v3 is based on v1 coding of the upper/lower fibo levels, but with "display decision" enhancements that keep each fibo group apart from the others, and assures all appropriate levels appear in the proper color, no matter what combination of fibos is selected to be displayed.

other then macd rsi parobolic stochastic coral... do you know of a drop dead direction indicator?

Yes. Price bars!

researching it now on ff.. any short cuts? any auto for met4

Ditto. Not all trading weeks are created equal. These coming days are important vis a vis the big wigs may decide it is time now to sell.

OLD peak @1.47xx ,Possible @1.6xxx Enjoin ...

Drawer.. Not Trader..

Somebody Know EURUSD will brush up Or Brush Down...

For me ..Nature Trend... Smart money..

im betting they are but buying insurance by scalping the uc on pullbacks..short on both positions only... eu long term position (short) but uc to get me even just in case.. im pulling mega pips on uc shorts only after pullbacks.. eventually one will burn me since im not using a sl but the other will make up for it.. in theory putting me eventually at zero (in live trades).. ..but my account is growing....the live trade is not my concern.. my account is.. i was up 17%-2% friday =15% green.

Hey Gator

Here's two articles you might find interesting

http://www.financialsense.com/fsu/ed...2009/0625.html
http://www.financialsense.com/fsu/ed...2009/0701.html

I've been scanning my charts this weekend (as usual) and by the looks of things, I think even I'll be looking for short positions until around 1.3850, 1.3800 or maybe even 38.2 monthly fib ... actually why don't we just bang out Goldman Sachs stop at 1.3720 just for a laugh.

I do maintain an acccount with them, but a small one that mostly remains dormant. So far my trading is unaffected by these new rules. However, they do charge some conversion fee. I am going to play the game according to the new rules with two U.S. based brokers as long as they do not start hurting my interests. Many options open and therefore I am not in a hurry.