EURUSD

eur lower than 1.4400. now is 1.4392

now we switch to buying my friends

aaaa ha hahahah ahhaa

while I whas deploying all my skills and picaso tallents to draw this master plan of mine it broke. GREAT, al salut

http://img190.imageshack.us/img190/3505/img6s.jpg

what is also interesting is what will London do with current situation ?

what is the mist is that? who believes that??

Anyone who knows where we will stop today will we be under 1.4350 so we must follow the trend today looks like I can't swim against the river cuz.

That's only thing can do is wait the commodity market rebound to rise. Then eur can rise too.

But now, no too much reasons for me to short eur.

hm.. for me, EUR is looking for a break... no trade for me until the break is happen...

what should be the target TP...we can bottom out anytime now...?

Those of you who know me, know that I am long again This time with better confidence, as we did finally get down to the right levels for sustainable up trend.

PS: And yes, I could be wrong, and more down will follow, so do whatever you want, I'm long

Edit: My last entry would be @370, SL's are 320 and 300, as I expect a possible down to 350, then back up.

O I think tuch of a 1.4360 - 50 is most probable before retracement.

http://img94.imageshack.us/img94/8272/img7b.jpg

I have see to open long signal now. :-)

.4337 will be a key area to watch if 4350 level is breached...

http://www.forexfactory.com/showpost...stcount=181309

SPOT ON!!!

I hope you made some good pips on this!!!!

good morning everyone,

what a crap that the € moved at 03.00 last night, I just couldnt get myself to the computer at that time.
Anyway DAX is on the move so far 34points in green I expect it to get up to 6030-40 which would be 6-16 points more before retrace happens.

no clear take on the € for now the the current hrly bar looks horrible, if we are very unlucky € could get again above 4446 -> back into the range.

so far no position € and DAX. € no decision DAX will long.

The Cat

EURO-DOLLAR: Back above $1.4500 but seen meeting resistance from offers
placed toward $1.4410. Above here and rate can edge toward $1.4420/25.
Support seen back at $1.4380 through to $1.4370, with middle eastern
names noted on the base. Stops reported on a break below.

Provided by: Market News International

ZURICH (Dow Jones)--Switzerland's central bank should withdraw excess liquidity at some stage but must act carefully so as not to endanger the current economic recovery, the Organization for Economic Cooperation and Development said Friday.
"Since the recovery is still fragile, the current expansionary monetary stance will need to be maintained until the recovery strengthens and deflationary pressures recede," the OECD said in its economic survey for 2009 available Friday. However, the dangers of a deflationary spiral are small, the OECD added.
The main challenge for the Swiss National Bank is the shift to an exit strategy, or a move away from the current record-low interest rate level of 0.25%, according to the OECD.
Once the economy improves, the SNB should withdraw excess liquidity in order not to jeopardize price stability over the medium term. "At the same time, it must not act too soon, for otherwise the recovery could be put at risk. The exit strategy must be clearly communicated," the OECD said.
The Swiss central bank's recent interventions in the foreign exchange market have proven to be successful, the OECD said, noting the SNB has emphasized it didn't engage in competitive devaluation.
The OECD expects Switzerland's economy to contract by 2% in 2009 and grow by 1% this year and by 2% in 2011.
OECD Web site: www.oecd.org

Morning TradingCat..I loose my trade ability..Horrible candle it shows me no idea in wich level we should trade it is in the middle of two levels

but US data can be good today..This is something to follow anyhow

Morning Cat,
Why don't you like 1H candle on EUR? For me such long tails are very beutifull.

Bulls be careful...

There is a Merkel Resignation Rumor ...

i like my lines over +80 pips of floating profit, 50% of position already pocketed