EURUSD

Would Domas4 be able to do that?

Yes, dead right too. Getting married to a position or an opinion is dangerous.

I'm sorry I don't understand. Can someone explain what's an overlay?

See this:
http://www.forexfactory.com/showthre...ay#post2947036

Oh, and Gator is desperatly seeking for one with a line chart instead. And if he found one, I would be greatful if he'd share

Just dropped by
Back out to the yard

Misspips or Cobra would be the ones to ask for a change

4h Down Signal very soon.

short added. and a 4250 tonight will make me happy

That channel started 7 days ago, to me it looks like it is running out of steam since for the third day in a row we have failed to make a new high, but like you said we shall see.

goodmorning all..

So, whaddaya think - Tokyo gonna run some stops back up above the DP, or what...?

Daily Technical Analysys

Posted: 8/25/2009 5:18:04 PM

Currency Pair

EUR/USD
4-Hour Momentum
1-Hour Momentum
https://secure.efxnow.com/myAccount/..._blue_down.gif https://secure.efxnow.com/myAccount/..._blue_down.gif
Support

1.4290
1.4250
1.4210
Resistence

1.4360
1.4390
1.4430

Comments

2047GMT may be topping out after failure above recent 1.4350 highs, below 1.4290 may see losses extend toward 1.4240/50 initially



Time Frames

“Medium term” relies on 4-hourly indicators
“Short term” is based on hourly indicators

Momentum Grid The color-coded arrows highlight momentum direction and overbought/oversold conditions.

 

1. “Up” arrows indicate that momentum is positive and moving higher, usually signs of higher prices ahead
2. “Down” arrows indicate negative and falling momentum, typically implying lower prices in the future.

The colors represent the point at which the signal originated or its current degree of overbought/oversold:
https://secure.efxnow.com/myAccount/...w_green_up.gifGreen arrows represent a new signal originating in overbought or oversold territory. Green arrows are the preferred signal for opening a new position (or closing an existing position after a reversal of momentum has occurred), but occur relatively infrequently.
For example, a Green Down arrow indicates that momentum has recently turned negative from within overbought territory, suggesting lower prices are ahead.
https://secure.efxnow.com/myAccount/...ow_blue_up.gif Blue arrows indicate that momentum is moving in the direction of the arrow, but that the signal is within a neutral zone and is neither overbought nor oversold. Blue arrows have less predictive capacity as position entry/exit signals and are more indicative of a “hold” for current positions in line with the direction of the arrow. Blue arrows are quite common and represent trend continuation, though with a higher potential for short-term reversals.
For example, a Blue Down arrow means that momentum is negative and falling, but that momentum is in a neutral zone and thus has less predictive utility.

Hy!
What's your indis name?
I like that... Could you post the indi?

Aw its on now, its peanut butter jelly time yo

If break 1.4280 most will continue to 4250

IMHO, Today US Crude Oil Inventory & other news will be most impact to EU soon~


U.S. Durable Goods Orders Report

Bullish Scenario:


If we see substantially deeper available liquidity on the Bid side of the market, this tells us that major price providers in the market are looking to buy the Euro against the US Dollar. Considering that close to 60% of all FX market volume is cleared through just six top banks, we see it prudent to be on the same side of the trade as major institutions and will favor a bullish bias on EURUSD ahead of the data release.


Bearish Scenario:

If we see substantially deeper available liquidity on the Offer side of the market, this tells us that major price providers in the market are looking to sell the Euro against the US Dollar. Considering that close to 60% of all FX market volume is cleared through just six top banks, we see it prudent to be on the same side of the trade as major institutions and will favor a bearish bias on EURUSD ahead of the data release.

any prediction from bro?

omg I am gonna be old and feeble b4 somebody gets enuf balz to crash .4280. What, is Godzilla sittin there with his d&*k hangin out? "Oh no, Godzirra, run away!" Is it Gandalf: "You Shall Not Pass!"

Somebody, please. Mr Gorbachev? Break down this frickin wall....

good one i have no idea why 1.4280 is such a big "support" there s nothing special

4280 is the bottom trendline on the H1