EURUSD

If you're trading with a live account, you have bigger nads than myself Trading NFP isn't something that I like doing, more power to ya though. It's to unpredictable.

Happy for ya though

In FX sometimes you have to have steel balls, sometimes big balls, sometimes no balls, and sometimes your balls just get in your way.

Just what I saw on my charts told me so...Take this with a grain of salt but it is a holiday weekend---all the sellers got out of positions means they had to (buy their sell) so therefore bullish action noted end of day!You know how Friday goes . just my 2 cents.I may be wrong.I'm more technical than anything and my fundamental trading skills are crap.

I'm not sure how many of you actually do this, but it's something I do at the end of every week.

> I review all winning and losing trades
> Why did I enter when I did, did I follow my "system"
> If I lost the trade, why did I lose the trade? Did I enter to late? Did I exit to late?
> If I won the trade, could I have stayed in the trade longer? Why did I exit when I did?
> Did I let any trade run out of control? If so why?
> Learn from your all of your trades, both winners and losers.

Do yourself a favor and draw some Fib lines.Both ways!I see now where whoever that was possibly sees 1.4500.I used a daily chart on Oanda which sucks since it don't go back very far.I will redraw over weekend and analyze on a better platform to see my possible targets depending on my sentiment.I will redraw trendlines.IMO I see a lot of bad trend lines here on posted charts. But thats my 2 cents.To me a trend line that has been broken is just that!No Good to me for the overall analysis.A trend line that passes through wicks or candles is no good to me either,(Old News to me.)But they may serve to me as a retracement point or support or resistance in some way.I would only guess my trendlines are good for me since they mostly get hit to the pip where I can look to take opposite direction if my trading strategy says I can.Well as they say Back to the drawing board.Happy pippin!

Totally agree--

As Rush would say: "Ditto". Wish I did it more often myself. Big E

Weekend~ + after NFP + US holiday~

No ppl trading~

this sounds good

Undoubtebly!

Whatever works, works

Here's my chart (short from last week). Normally I don't keep eurusd over week-end but since my emotions didn't care about that I guess I am fine...

The setups I am using are all self made and works really well... (august 746pips, with 19 trades) Hopefully it will last for a looooong time.

This is my chart - ther we go 1.4360 max 1.4392 -

just posted my weekly review of eur/usd at my thread... do take a look if it pleases you !

thanks

http://www.forexfactory.com/showthread.php?t=193996

Will only trade inside this triangle until it is broken.

just recently discovered this pattern and its seems like Eur likes to build it

I think he controls... well... he and Bill... either way I believe it's the largest managed fund in the world. (Just shy of a trillion)

It's a must read.

http://www.reuters.com/article/ousiv...5833WL20090904

Mike

how's everyone this weekend ?

Just read a few of your articles. A familiar story to my own. I am desparately trying to control MM.
I'll keep a look out for your posts.
Happy weekend.

I've posted this weekly chart and some daily ones here.

Am I the only one bored to death by the action of the last few weeks? I was hoping for some nice action now September has started, but .. well ... pfff. Let's hope we get some EUR/USD action when the big boys come back next week

Luckily this week there was some movement of Gold ( http://www.forexfactory.com/showthread.php?t=4233 ) and Silver ( http://www.forexfactory.com/showthread.php?t=170692 )

i get the same read.. whats left out of most talk about jobs. the average work weeks hours are down 7 hours. now with a surpluss of workers the people being hired wages are down. kids graduating high school and college are moving back home with mom/dad. so mom/dad ar spending less on everything except the basics. baby boomers, many of would of retired boomers. are now staying longer in the job market to replenish lost 401k (raise boomarang kids) ect.

this will not improve sales over higher priced items such as beamers. hydai sales were up 50%. their gain is europe and japans loss. they are capturing market share as europe losses. the proff is even the mighty japan has closed plans for huge plant in mississippi to open. a brand new plant with buildings several miles long. and the other in california they recently pulled out of with GM. i have no doubt that even the mighty china will eventually have the same problem. they still have to buy raw materials india does not. both have large labor forces. so it comes down to who can produce cheaper. add in some americans actually buying amercan products again.

destroying usd value took years to do. from 35 per ounce gold till todays 1000 dpo gold. in the same period oil from 3 bpb. this was the price in 1970. im not gonna go into the reasons for this but it did make many rich people super rich. you can figure out your self what companies did better because of this. and what boards they sat on including your reserve bank stockhoders.

now the people who did not like us very much at oil 3 pb still dont like us much at oil 70 pb. the difference is now they got more money. we have less.

i do know in a single country it is extremily hard to keep it together with the infighting that goes on. i cant imagine many different countries keeping it together without the stronger ones wanting to split in tough financial times. we will have a open book test on this one day (i hope we studied).. im wondering whos buying the gold. same question i asked 3 weeks back. Why? Why did e-z reduce sale of its gold 3 weeks back.. Why?


im not saying mr. mustard shot john f kennedy with the candlestick in the hall. but something is up..

money is moving and when we know the reason its already too late.

to sum it all up. something is going on behind the scene..we have not been here before. we are not in kansas..things will not go back to the way they were in my liftime. consumers have changed.

i got a question.. did someone tweak employment number to stop wall street from falling in the interest of systemic risk. also all this money on the sideline talked about can also short markets..

all roads lead to rome. every action has a reaction


yes, gold was 25$ per ounce before ww2 i know that.

latter folks. be careful not to sit on your nutz..