trading801's Koala Forex Articles and EUR/USD views

Like you for me too

Nice article King... keep the good work... I have a test run on gu, not looking good, will go and read candle patterns cancellations now, to know when they failed.

see you around...

I'm in a short at 4384 but it seems just to take 5pips ...

lol u r experimental forex

until I find something that fits me

Jan. 18 (Bloomberg) -- Japan Airlines Corp., facing possible bankruptcy this week, may drop partner American Airlines for an accord with Delta Air Lines Inc., according to two people familiar with the situation.

ok i am off, total 0 position 0 pip

All koalas take care and see you tomorrow.

Good morning Koalas !!!!!!!!!!!!!!!!

may all harvest great pips today !!

Jan. 19 (Bloomberg) -- Asian stocks fluctuated as higher oil and metal prices boosted commodity producers, while Japanese exporters of cars and electronics fell after the dollar weakened against the yen.

i like it when my chart works ... seems like it is testing 1.44

thanks forexlive

BoC expected to keep rates on hold later tonight
Written by Sean Lee
January 19, 2010 at 03:27 GMT

The Loonie should be in for a bit of volatility later tonight when first the release of leading indicators data is closely followed by the BoC interest rate statement. Rates are expected to remain at 0.25% and players will read the subsequent statement with interest although no change in wording or emphasis is expected.

interesting !


Jan. 19 (Bloomberg) -- The euro may decline to a seven- month low of $1.380, Tokai Tokyo Securities Co. said, citing trading patterns.

The euro is poised to fall to its 200-day moving average of about $1.4288, said Yoh Nihei, a Tokyo-based trading group manager at Tokai. Should the 16-nation currency drop below that level, it will decline toward $1.4120, a 38.2 percent Fibonacci retracement of its advance from $1.2457 on March 4 to $1.5144 on Nov. 25, he said.

If the 16-nation euro falls below $1.4120, the next support level will be $1.380, a 50 percent Fibonacci retracement, Nihei said. That would be the lowest since June 16. Support refers to an area where buy orders may be clustered.

“There’s a possibility that the euro-dollar will rapidly drop” to $1.380, Nihei said.

The euro traded at $1.4399 as of 8:19 a.m. in Tokyo from $1.4384 in New York yesterday. It dropped 0.2 percent last week.

Fibonacci analysis is based on a theory that prices rise or fall by certain percentages after reaching a high or low. A break above resistance or below support indicates a currency may move to the next level.

In technical analysis, investors and analysts study charts of trading patterns and prices to forecast changes in a security, commodity, currency or index.

Hi and good morning all koalas.

Hi king, yeah 1.44 was well analyze and predicted on your article.

no prob .. more from u coming ?

I think we see again 1.45 and sales on this price is good at least for 40 or 60 pips.

if i understand your means wrong tell me pls.

i mean more article coming from u ?

OK King, sure

Good mrning Koalas friends!!

Kraft, Cadbury finalizing terms of friendly deal

LONDON (MarketWatch) -- The boards of Kraft Foods and Cadbury said Tuesday that are finalizing the terms of a recommended takeover offer for Cadbury and that a further announcement will be made shortly. The statement came after reports that Cadbury had accepted a new takeover bid from Kraft worth around 840 pence a share

Hi my friend, good morning.