EURUSD

My short from 4880 is now set for TP at 4630. I added to this with another short at 4825, same TP. Might not get to the target this session, but that's fine......Nearly mid night here so time for a last coffee before sleep

4787 looks very tasty

now please watch buyers

PARIS -(Dow Jones)- The president of the European Central Bank said Monday that current interest rates in Europe are appropriate

wow big jump down for factory orders....

not good

i am long due to screen from 2 hours ago

I 've started to pray... eur/usd 1,4984 ? in 3 days ?

we'll see who is right... all those people who see eur/usd at 1,44 or me

so far trendline contained this one. but it did breach it some. another attack expected imho.

keep an eye on these

168951
168906

those are posting numbers

I seriously do not understand what people see in a currency that is one of the most of phoney currencies in the world, i am not saying the dollar is not flawed, however euro is flawed since its birth.

I also think so...........EU will go to that level like 1.4984 or more............

Forex: the growth of the U.S. dollar is unlikely to be prolonged

Despite the recent strengthening of the single European currency on Monday morning EUR traded in the range $ 1.486-1.49, and failing to gain a foothold above 1.4900 in the interests of players to the USD. "Bucks" is growing against the major currencies, and short-term uptrend of the dollar is not something out of the ordinary. The only exception was against the rules now become the yen, which partly acts out last Friday's shameful fall.

On the side of "American" on Monday is the recent makrostatistika Market Employment States, where data showed the level of 20% against 10.2% previously. </span>Coupled with the figures for the number of jobs in the U.S. (-11 thousand) investors did against prevailing in the past polgola rules: they were buying the dollar. </span>Against the background of optimism, which is peculiar to traders, the players seem to have revised dates Fed raising interest rates, moving them to the middle of 2010, although previously denied any options prior to 2012.
</span>We emphasize that the data Friday sector employment even though markets were perceived positively, it was only the first and very relaxed "swallow" - without work in the States now, one in ten. </span>Therefore, under serious doubt is the fact of an early Federal Reserve interest rate increase when the situation of unemployment in the country's appalling. </span>In addition, we note that it was unlikely the Fed will soon abandon a milder monetary policy - in fact in the current environment of falling demand from consumers, low inflation and a lack of price pressures is very convenient. </span>Conclusion - "American" yet remains extremely cheap, so its growth today - no more than a not very justifiable optimism.

Today in the afternoon, the number of speculative transactions in the currency market can grow, because in the absence of any significant macroeconomic statistics, the attention of traders will be focused on the presentation by Mr. Bernanke, Chairman of the Fed, at 20:00 Moscow time. </span>But even under favorable bucks for statements unlikely he will leave for the range of 1.4720-1.4850.
At the moment we consider the growth of the U.S. dollar on Monday as short-term and continue to adhere to the views on the growth of the single European currency in the next six months. </span></span>

No concern to me i`m euro only trader.

Closed trade at 4810. Sorry Allanuk, the boredom and itchy finger disease showed up.

I know the feeling but i took this sod at 4796 at break even now so gonna see if i can gain anything for my waiting..she looks bearish but i would have liked her to move a bit quicker for confidence!! anyways dont u worry fella i`l try to sail this ship on my own......unless anybody else wants to join in lol

I have just closed some of my short positions.

Earned 610 pips..

I am happy with this

For the first time in the last month me an d my broker have the same opinion...that the trend line has been broken, there are no important news coming that can change the descent.
I'm with a short with take profit at 1.4681.

hehehhe its funny how the brokers normaly always have a different opinion.