EURUSD

thats the problem its factored in. and shrugged off. swept under the rug. no matter what business your in you need buyers. less jobs less = less buyers. stock market goes higher on less buyers..all this up crap it built on hope. hope in one hand and crap in the other... then tell me which one fills up the fastest..im playing it but dont believe it.. ill shut up now..

its like wipping your ass before you crap. it makes no sense..

ok now ill shut up

-35K Huh! listen Peter I think we can help you here. First of all whatever it is you are doing you need to stop doing it. And from now on whenever your gut instinct tells you to buy the euro we will kindly like to tell you to SELL instead . this would be an obvious solution to your trade loss problem!.

Looks like EU going down.. joke..


Ok.. I fink, EU can go to (H4 chart) "H4 channel" middle line ~1.4307 or some support ~1.4292 or trend (Daily chart) to 1.4297

if price brakes below.. we can aspect move down, lil bit more, to.. ~1.4186 Weekly Pivot..

Low volume stop hunt in effect?

I closed my short for +15. Let's just see where this climb goes and I'll have a look at re-entering short if my plan still looks good

Welcome Peter,Moscow and russia
russian Indicators

just pocket my 20pip long trade. I entered at 1.4338.

Here, gone, back again, gone again....

))<>((

Interesting little climb going on here on the M15

What do you guys think will happen to the dollar if the jobs number is 10 percent tomorrow? This is my first monthly jobs report as a forex trader so I'm actually kind of excited haha. I've heard/read the market goes wild when the number is announced.

nfp nfp nfp nfp nfp

I had this exact problem last month as PA wiggled between 138 and 140.

Looking for downside, I crapped in one hand and wished in the other.
Before all was said and done, I ended up crapping in the other hand as well.
So there I was, two hands, both full of shit, and nowhere to turn to.

If it matters at all, as prices rose, the 2nd hand filled up faster.

This is actually quite common among dyslexic people.

Mate, how did you lose the $35k? All in one go? Over time? That's terrible!

Maybe he crapped in one hand (and hoped in the other) and the Russian police fined him 35K.

But true, that's not good. I'm currious too... How'd that happen Peter ?

Do u still have a long position open??

Price going to 1.4260/70.

Short a buck @ 1.4363.

Re: NFP numbers... won't matter soon, you ain''t seen nuthin yet.

http://www.bls.gov/web/laummtrk.htm

Look at the top where the numbers are <5% and see where they are. Ask yourself what doubling those numbers would look like...

Double the unemployment in lowest rated Bismarck North Dakota or similar place ((est. metro pop a'rd 100k)) goes from 3.8 to 7.5%

OK. That's tough on the folks that live there but a drop in the bucket nationwide. 100k/7.5% = 7,500

Double the unemployment in one of the higher rated and large industrial areas like Detroit (est metro pop just over 5mil) from 17% to 34% and you have a different scenario. 5million/34% = 1,700,000

On that note ((which is maybe even optimistic)) The Detroit Free Press had unemployment at just over 22% as of January. The disclaimers and caveats on the Fed numbers almost make them irrelevant anyway and have for some time now. One of my favorite old bookmarks... http://blogs.wsj.com/economics/2008/...s/?mod=WSJBlog

Anyway, multiply that picture by similar numbers in similar places... then imagine posting next year or two if you think NFP going from 16 or 17% to 15.5% will matter to anybody... Statistics are losing their value to mean anything.

Does anybody even know or care how many people are no longer looking for work or have given up and fallen off the grid of Federal databases?

Throw in another catastrophic natural disaster like a mega quake or tsunami somewhere in the world and ask yourself what the US Foreign Aid package will look like then... gonna have to dig yourself out. Yankee go home with a twist... OK.

Think something like this can't or won't happen...?? Bookmark this post.

My bias is still short

Just putting this out to the scalpers:

(1) does anyone use Depth of Market (DOM) indicators to scalp?

(2) how effective are DOMs in scalping news (e.g. like NFP tonight)?

(3) Which broker offers good DOM analysis? I've d/led MBTrading demo which has DOM but still try to make heads or tails of it...

Chngster

try dukaskopy.com , though its not an analysis its just real order flow volume