EURUSD

i'm waiting 1.4514

this bull run does not seem to want to subside, anyone have any thoughts on how long this will last?

Glad to get you a better entry. It's a precise science and a little luck.
Though as a wealthy trader once said, I'd rather be a lucky trader than a smart one.

Russian Oil Production Seen Up 2% In 2010

London Stocks Marginally Higher

N Korea Seeks "Fruitful" Ties With New Japan Govt (can't we just nuke'em'all)

Afghanistan Raid Ordered Despite Hostage Talks



Investor faith in the global economic recovery isn't so strong after all and the rallies in global equity markets and the prices of gold and crude oil are looking distinctly unsustainable???

We have had two days earlier this week were everything appeared bright and beautiful. G20 finance ministers promised to keep their rates at record low levels and investors returning from the beaches were keen to bet on the economic optimism.

The fact that the price of gold was soaring over $1000 an ounce and that the price of crude oil was staging another strong rally only encouraged the view that the worst of the recession is over and that risky assets were back in business.

At one stage, the move out of the safe haven dollar??? pushed its trade-weighted index down to the lowest level for the year...

However, the skies have already started to cloud again and it hasn't taken much to send investors scurrying back for shelter.



WHERE ARE WE GOING!!! CAN SOMEONE START THEIR SHOPPING SPREE!!!!

s. korea is gonna raise interest rates i bet first.. does anyone have s, korea in their platform.. i like to buy that one..

There is a very important fibo at 1.462 which also happens to be todays R2. But there will be a lot of volatility since a ton of news comes out as well as the result of 30yr treasury auction. I would wait until the dust settles and go from there.

Bear gartley almost played out & now forming bull pattern .
fontu

30 m nap time

nope.
TP1 = 4530
TP2 = 4500

Yes thanks for your concerns , usally i do not wait for the best entry & start prematurely building trades & if direction is ok then good pips results but if not & totally wrong or some news do any headfake to take loss to drawdown .but one thing I come to know if not doing so aggressively & using minimal lots most cases should come green even risking 250 pips 50 pips can be green in only disaster period? just did immolibilization with posterior caste & sit idle untill it happen & if restless activate EA to close at best rates.

Price again coming down to retest the bottom ,better take safety measures at a distant.
fontu

Fontu, What should be the TP for this long? I am trading on a timeframe different than most here. Just want to know to see if there is a need to revise my tps and sls.

it is going for the pivot

Take care with longs now ...cable forming H&S on daily ...this fiber can be easily drown to deeps where sun never shine : )

1.47

US bourse opens up.....

Should I lower my tp from 1.3767?

after 2 days with reds lines in my open positions I can see some green.
I'm still bearish below 1.46 expecting a return around 1.43 soon but if we break 46 next step could be 4720 and it seems a very fragile resistance ...

I think 1.4600 will do for now before any bigger up move (if any). I expect a nice retrace down to 1.4460 , 1.4380 and if more then 1.4200 is underway within next few days.

Let's see how it plays out.. I'm short off 1.4580 right now targeting 1.4460 short term..

Gold now at 988. It can either way from here. IMHO.

What happens to the Euro if Dow and S&P take a dive soon