EURUSD

if we break 1.4751 ,looking for long,but on 5 min chart it looks like 4th wave and expecting another drop for the 5th wave

stops below 90 aud/usd..

usx weekly... monthy has a doji if we close now. so next week this continue. mondays in history can be as bad as a friday...... for the record how high did oil get? what happend after.........when did oil move above 75 and what happend shortly after..to high too fast.. it has to be gradual..market cant handle 85 oil yet.. more true with people not working...imho

Bad move to put long here we have broken thru some significant support levels. Sell on spike is the order of the day. This thing might be heading to 1.45 area.

As expected 154280

http://www.forexfactory.com/showpost...stcount=157291
Till the end

Hi all Hope you did all wright yesterday and today.For start from me 1 news maybe you alredy know that but if you dont then hear it is.Yesterday was the last day that USD goverment purchase treasuries.So you know what that means?

They stoped for now to print and pump money in the system,which means that the offer of USd will be smaler in time and they will start slowly to take that money out because of incoming inflation.All this up trend on DOW JONES was because of weak dollar not strength of companys, and because banks got free money to make loans to companys to start paying paychecks and to invest.

Now we need to see will this DOW stay alive when they pump out that printed money which was put on the market by purchase treasuries.They will start soon to sell it and to collect some money from market( i mean dollars).USD starts to fall when they start to purchase treasuries at begining of that well-know BILL of some 700 bil dolars( i hope i remebered it wright).

So from fundamental side i think our EU will start to go down also becuse europe has problems with strong euro too because they cant export i mean they can but euro is high now(spain and others export in non europe union countrys,Germany exports to europe countrys but others have problems).

Bank of Japan recently said that if new fall happens on UJ they will do something.They didnt say what but we all know they will deffend yen because yen is to strong to now.Since they said that UJ move from 88 for second time but this got nothing with EU topic so sorry for last one.


Now from technical side on daily it is to early for fire short and forget because we are still above that cloud and we still need to break that trend line,so we could test some uper leves but on 4hr we are well below on 1 hr we tryed yesterday to break cloud on that GDB news but failed so i think sentiment is changing slowly.


So far when DOW was going up USD index was goind down which make euro go up which is unlogical but when you think it isnt.They print money they share it with very low intrest rate almost 0 so banks and other players buy stock becuse they have cheap money in hands,so why not to invest it for a little.Real recovery of economy will be when unempoyment starts to change in down trend.I think we can see some new lows on DOW but will see.

Based on this thinking and some chart i was shorting at 5000 level and at 4850.Theare was some longs on that GDP news but i am for now bull on dollar bear on euro in big picture.


Sorry if post is to big and if some dont undestand something but even this took me a lot of tiime to wright and i dont like to wright, i am more talking person.That is i dont wright any more that much like in the beginig of my trading profesion.So for more you can contact on some mesenger or on private.


Will see how will clouds do and what will FED do from monday and will do trades acording to that.see ya alll

USD BULLS ROCK!!!!!!!!!!!!!!

Yeah for now i begin to think that you are taking control slowly but woill see maybe it is early for that but i think that USD is begining to come back

Then it was a day of massive shorting . shorted many pairs including eu in the morning before left for lunch & now closing them one by one,they should go up before closing for the week. . It was better not seeing & close when seen any profit & due office works no time to do so too. Better than regular day to take all pips .
Hope all done well too.
fontu

BTW today is anniversery of 1929 crash of the stock market

was 28th and 29th. we celebrated yesterday!

Hey, what a coincidence ! Today is the 34th anniversary of my first accordian lesson !

Its a tough market but here are some of my trades this week...

My hedge plays have kicked in high gear as well....now I have time to focus a bit on my small account which has been suffering somewhat..

bought 1.4747

With interest rates so low investors have been using the dollar as a funding currency for riskier investments. The bearish case against the dollar is that interest rates are so low and that the US will increase interest rates far after other major countries. The bullish case for the dollar is that the US and global economy is still not out of the woods and will experience further pain and declines in GDP. It is starting to look as if the US equity rally has gone too far too fast – over 80% of S&P companies having reported have beaten earnings by the S&P is down from its highs during this period. With the decline in the S&P, foreign exchange investors are becoming increasingly worried about risk and are starting to move back into the dollar. I’ve taken off my long euro vs. the dollar trade. Waiting for further data points until I go long the dollar against the euro.

Just checking before leaving to what happened to old chart .Price still to break the ltl daily successfully ( sustain below 1.4726 ) and hence there are chances that it will dance for more time before doing so next week.Though there are good chances break it but perhaps no more time to do so. Much more to down in time.
fontu

damn... lost all last nights charts.. electrice went out..

is ff tread format messed up to others atm ... mine sucks..