EURUSD

i believe u can set that for your chart. u can choose bid or ask price. it depends u set it at. mines at bid... to me there isnt really really a very big difference on setting your chart to bid or ask. slight difference yes but not much, cox bid and ask are pretty much quite competitive. following the average spread, spread widens alittle in news event or extreme price spike, otherwise no big difference adding your indicators to bid or ask.

there was a news at 12gmt and was good now we are waiting for the ADP @ 13.15 gmt

USD 7:30am USD CHallenger Job Cuts y/y -Low Impact

We are all short...hm...maybe there will be stop hunt

is it a possible double bottom on H1, M30, M15?

yes it was, but why in FF calendar they don't have that

This is more likely double top... But better wait for break of this small range...

thats what i saw now ff has changed the time 8.30

hmm closed below 3994 on 15 min will see what happens on 60 min chart

I think i meant double top....just got confused a bit :-)

EURO SUMMARY: Opened in early Europe around $1.3976
-- Euro-dollar opened Asia around $1.3970 and initially pushed to mark
session highs at $1.3978 before meeting decent supply placed on
approach to $1.3980. US name selling provided the main counter with
stronger sales prompted as market reacted to a report that Fitch had
downgraded two Chinese banks. The news weighed on Asian equity
markets prompting strong sales in euro-yen and Aussie-yen, which
helped to squeeze euro-dollar to lows of $1.3947. Recovery in Asian
stocks allowed euro-dollar to recover, trading around $1.3970 into
early Europe. Asian sovereign dollar sales provided the necessary
impetus to take rate above $1.3980 before meeting stronger supply at
$1.3990. A narrowing in the Greek bond/bund spread prompted
further boosted the euro and lifted rate on to challenge $1.4000. The
break of $1.4005 exposed stops placed to $1.4025 with rate pushing on
to a high of $1.4026 before meeting Asian sovereign supply. Rate
settled around $1.4000 ahead of New York, off best levels.

Provided by: Market News International

8:15am USD ADP Non-Farm Employment Change FORECAST-31K

Pls., find below a 4h chart of my play.

Short @ 1.4010, TP 1.3875, SL 1.4025

GT

absolutelly right too good too be true...

US OUTLOOK: Goldman calls for -25k Jan payrolls and says there will be
crosscurrents in the employ data that mask improvement. These include
census hiring, cold weather and annual benchmarking.

Provided by: Market News International

Short Usd/Jpy @ 90.65

Wowser, how do you trade off that chart?

MNI Euro-Dollar: Fundamental levels (orders, options, technicals)
$1.4050/65 Medium offers
$1.4025/35 Strong offers, hedge funds and Asian sovereign
$1.4026 Int.Day high Europe, Asia $1.3978
$1.4000 Option expiry
$1.3995 ***Current market rate 1235GMT Wednesday
$1.3992 Medium demand, Japanese name bid/Pullback low off $1.4026
$1.3975/70 Minor demand
$1.3947 Int.Day lows Asia
$1.3925/20 Medium demand/$1.3924 NY low Tuesday
$1.3900 Medium demand/Option expiry

Provided by: Market News International

Nice one,

Should pay, if not i would not let it turn red

Let's see if the NY-ADP can push it further down and break the strong
.3900 support ???