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  • #178,281
  • Jan 7, 2010 7:21am Jan 7, 2010 7:21am
Quoting DavidValera
ur a crazy man lol , just wait till the news come out , it might come out bad and still not affect eur ..
  • #178,282
  • Jan 7, 2010 7:22am Jan 7, 2010 7:22am
Quoting jaboo
yessir
Ahhhh...nostalgia...
  • #178,283
  • Jan 7, 2010 7:23am Jan 7, 2010 7:23am
Hmm some buyers woke up
  • #178,284
  • Jan 7, 2010 7:25am Jan 7, 2010 7:25am
Hmm, people taking profit before the news?
Greed and impatience are our greatest enemies.
  • #178,285
  • Jan 7, 2010 7:26am Jan 7, 2010 7:26am
Quoting Rabax
Hmm, people taking profit before the news?
yessir
  • #178,286
  • Jan 7, 2010 7:26am Jan 7, 2010 7:26am
News message h3 { font-size:14px; } p { font-size:12px; } [EUR/USD] lower but central banks are not giving up without a fight as dealers now report these players reemerging with a bid for Euro's into 1.4300.
  • #178,287
  • Jan 7, 2010 7:26am Jan 7, 2010 7:26am
Quoting skiffx
Hmm some buyers woke up
USdx peaked at same level than on Tuesday....on decline now.
They think they are smarter than I am.
  • #178,288
  • Jan 7, 2010 7:27am Jan 7, 2010 7:27am
Quoting Driver55
short usdjpy 92,96
as i said i think like this too.

could you tell me how far you think this move will go?
  • #178,289
  • Jan 7, 2010 7:27am Jan 7, 2010 7:27am
  •  jaboo
  • | Joined Dec 2009 | Status: Ray Comfort is....the banana man | 236 Posts
Quoting Rabax
Hmm, people taking profit before the news?
agreed.

i honestly hope it pushes the EURO down. depending on the outcome if its bad for the dollar having to go through all these resistance points again upward will be harder to judge where its going to stop, if it does.

if we can break this flag then i think trading will be easier. IMO.

thoughts?
  • #178,290
  • Jan 7, 2010 7:28am Jan 7, 2010 7:28am
Quoting Z3iz3i
USdx peaked at same level than on Tuesday....on decline now.
I think Jobs data going to be very lousy, below expectations.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #178,291
  • Jan 7, 2010 7:29am Jan 7, 2010 7:29am
from forexlive: "1.4285 is next support but more is arrayed down toward 1.4245, where the 200-day moving average is situated today."
  • #178,292
  • Jan 7, 2010 7:30am Jan 7, 2010 7:30am
Quoting jaboo
agreed.

i honestly hope it pushes the EURO down. depending on the outcome if its bad for the dollar having to go through all these resistance points again upward will be harder to judge where its going to stop, if it does.

if we can break this flag then i think trading will be easier. IMO.

thoughts?
I hope the market gods are listening.
  • #178,293
  • Jan 7, 2010 7:31am Jan 7, 2010 7:31am
Well the numbers are good, so lets see if we see .4280
Temporary consolidation before it resumes going down?
  • #178,294
  • Jan 7, 2010 7:33am Jan 7, 2010 7:33am
  •  jaboo
  • | Joined Dec 2009 | Status: Ray Comfort is....the banana man | 236 Posts
though better than expected i guess its not strong enough to break this flag.


yet......
  • #178,295
  • Jan 7, 2010 7:39am Jan 7, 2010 7:39am
Quoting jaboo
though better than expected i guess its not strong enough to break this flag.


yet......
Yeah I think there will be a small pullback before tomorrows news that will decide the direction...
  • #178,296
  • Jan 7, 2010 7:39am Jan 7, 2010 7:39am
Delayed reaction?
  • #178,297
  • Jan 7, 2010 7:40am Jan 7, 2010 7:40am
hav a buy limit .4275. are yous getting ready to long. missed the sell by a :niple hair:}
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  • #178,298
  • Jan 7, 2010 7:41am Jan 7, 2010 7:41am
Quoting kiadanai
as i said i think like this too.

could you tell me how far you think this move will go?
a daily open above 93,40.. is a bad sign for shorters
The best thing that can happen to you is to find out where you're wrong.
  • #178,299
  • Jan 7, 2010 7:43am Jan 7, 2010 7:43am
Cable started to tank again, so lets see if EU follows
also:
07 Jan 2010 13:37 GMT
BULLET: EURO-DOLLAR: Recovers to $1.4320 area after small at.
EURO-DOLLAR: Recovers to $1.4320 area after small prints seen at $1.4299
area on the last downdraft, the euro under pressure throughout the
European session on steady but not spectacular flows, traders say,
citing the usual mix of real-money names, hedge funds and perhaps a
sovereign or semi-official name as well. Pair erased demand interest to
$1.4300 but chatter suggesting some residual interest to $1.4290 and
additional demand at $1.4280/85 with stops below there. 200d ma at
$1.4248 a focus and also getting an honorable mention is the US
investment bank buys of short-dated euro puts, as noted earlier.

Provided by: Market News International
  • #178,300
  • Jan 7, 2010 7:43am Jan 7, 2010 7:43am
Quoting Matt99
Delayed reaction?
http://www.forexfactory.com/news.php?do=news&id=214594

It all depends on how you spread the news. Data is good, but presented so that it sounds bad.
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