EURUSD

price shoot up but no volumn to support this action, thus looking forward to go down again.
my second pending short will be on 1.4190, sl 1.4220, tp 1.4110.
expected to trigger later when USｓｅｓｓｉｏｎ　ｓｔａｒｔ．．．

Thats what I'm aiming for but I'm short at 75 already

yes thank you..my yesterday high is wrong..yes it is 1.4155

http://quotes.ino.com/chart/?s=NYBOT...i&w=15&t=l&a=2

after a long walk, he needs to rest........

I show 4154 give or take the gmt +or-

good one....
set another pending SELL at 1.4190 for the same target and same sl....

daily FPV 1.4153

so it means average pivot on all brokers is 1.4155

that is y when pricing reach there very hard to break!!!!!!!!!

Date: 2009/08/11Time: 07:18 (GMT +2)Ticker: EURLast: 1.4137Pivot: 1.4211st sup.1.412nd sup.1.40653rd sup.1.4011st res.1.4212nd res.1.42553rd res.1.43Title: EUR/USD intraday: under pressure.Summary: Update on supports and resistances.Story: Pivot: 1.4210.
Our Preference: SHORT positions @ 1.42 with 1.41 & 1.4065 in sight.

Alternative scenario: The upside penetration of 1.421 will call for 1.4255 & 1.43.

Comment: the RSI is mixed to bearish, the pair remains under pressure and is challenging its support.

Trend: ST Ltd Upside; MT Range

Key levels Comment

1.43*** Intraday resistance
1.4255** Intraday resistance
1.421** Intraday pivot point
1.4137 Last
1.41** Intraday support
1.4065** Intraday support
1.401*** Intraday support
http://www.tradingcentral.com/chart/...0811071714.GIF

same ..i am going to w8 this candle to close though if upper chanel line hold i am in with SL :4200 TP: around 4080

good one.....

http://www.actionforex.com/action-in...2009081193622/

what is the chart attached for?

http://www.actionforex.com/action-in...2009081193610/

Snippet:

Preview On FOMC Meeting: Less Dovish Tone Anticipated

Last week's US employment report reignited the market's speculations that the Fed will tighten its monetary policies earlier than previously anticipated. Fed funds futures indicated a chance of over 60% that the Fed will increase its policy rate by its January meeting after the Labor Department reported that unemployment rate in July surprisingly dropped to 9.4%, from 9.55 in the prior month.
The FOMC meeting on August 12 is the highlight of the week and the several things we will be focusing on are 1) How will the Fed handle the asset purchase program which will expire in September; 2) if the Fed will drop the statement that 'the Committee will maintain the target range for the federal funds rate at 0 to 1/4 percent and continues to anticipate that economic conditions are likely to warrant exceptionally low levels of the federal funds rate for an extended period' and 3) any change on the Fed's forecasts given recent improvements in economic data.
We believe the Fed will not extend the $300B asset purchase and will possibly explicitly announce that it will expire as scheduled in September. In the last meeting, the Fed said it 'will buy up to $300 billion of Treasury securities by autumn. The Committee will continue to evaluate the timing and overall amounts of its purchases of securities in light of the evolving economic outlook and conditions in financial markets. The Federal Reserve is monitoring the size and composition of its balance sheet and will make adjustments to its credit and liquidity programs as warranted'. Although the previous statement did not imply extension in both the size and timing, we expect the Fed will want to deliver a clearer statement this time so as to remove speculations.
Although recent economic development suggested the pace of contraction has declined and recovery may come faster, the Fed will likely restate the interest rate will remain for an extended period as we do not think any rate hike is warranted until mid 2010 given current market conditions. With this reiteration, the Fed can reverse recent market speculations of rate hikes.
Concerning economic outlook, we expect an upgrade from the central bank. We will not feel surprised if the Fed anticipates growth in 2H09. In the previous statement (June), the Fed stated that 'the pace of economic contraction is slowing…economic activity is likely to remain weak for a time'. We think these phrases will be dropped.

I have 1.4067 as a M1 line---1.4092 as S 1

sp500 also very bullish looking .....maybe it will go over 1050

I only look at S/R line...

my 1H S/R :1.4210, 1.4153....

looking forward for EUR to break this 1.4153.....