EURUSD

Next 2 30min candle if able to close below 1.3535 better 38 will continue a buy signal and in next 2 1H candle it able to close above 1.3538 better 48 then will constitue sell signal. if not within 2 candles then again may take few candles but price within the present ranges.anyway first to first looking m30.
fontu

usualy in my trading platform broker.
bloomberg. reuters .. etc.

don't think MT4 has reliable -streaming news

crappy news... took a small long til 3550

DJ German 4Q Adj GDP 0.0% On Qtr, Unchanged From First Est

Alright guys, taking a nap now. Will be back when NY opens.

Hi everyone...

Still holding long @ 1.3505...first tp is around 1.3580 and i'll decide what to do once it goes there

FRANKFURT (Dow Jones)--Germany's economy stagnated in the fourth quarter of last year, the Federal Statistics Office, Destatis, said in its definitive report for the period, confirming its preliminary estimate.
Gross domestic product, the total value of goods and services produced by the economy, was unchanged from the third quarter, Destatis said.
As such, it also confirmed its earlier estimates that GDP contracted 2.4% in calendar-adjusted terms from the fourth quarter of 2009, and shrunk 5.0% in 2009 as a whole. That is the worst outcome for Europe's largest economy in the 60-year history of the Federal Republic.
Destatis did, however, revise its estimate of Germany's budget deficit last year to show a larger shortfall, as calculated according to the standards of the EU's Maastricht Treaty. The deficit totaled EUR79.3 billion, or 3.3% of GDP, rather than the 3.2% originally reported.
In 2008, Germany had posted a balanced budget.

good morning all,

After 4 loosing trades I did get finally a winner late last night a quick short for 15pips not much but better then a 5th looser. 2 Systems are signalling short for today€ long usd/chf. Will be a hard day to trade cos of Ben later in the afternoon. I will test some very short term trading styles via demo and if they work will implement them into my tool box next week.

Good trading everyone and green pips to all of us,
T.Cat

I see a good news for all bears. How it happened not know but the daily TD count fixed last countdown 13 and it constinute sell signal but should be low risk one as daily not closed above 1.3646, but at least it a sell one & eu perhaps not changing its trend so soon & C wave not ending too . subwave III of 5 continuing down.forget those triangle!!

may not be right but specialist will confirm if not true.I want gold down as per my last week analysis in it for personal reason , to buy many gifts soon ( this week ) .
http://www.forexfactory.com/showpost...95&postcount=6

can see recounts for more down soon.

fontu

good luck mate and nice tp guess u have sl already in be?

When I look at daily timeframe, it looks like a formation of cup with handle. The strong support at 1.3400 base. Most obvious thing is that the handle will bounce off from 1.3450 to form a handle. I may be wrong, but when I try to change the candlesticks to Line chart, it obviously show perfect match.

200 EMA in PA on M5 = The market doesn't know what's going on. Will be a rocky ride till it breaks free.

Presumably to the downside, sooner or later...

PPP

Say whaaaa....?? That's some weird looking cup.


Upside down shot glass maybe.

Not sure which of the major banks just sold on my advice... But I am glad they did!

PPP

Gold dropping quite rapidly atm..

Quoted in US dollars so it's good for further bearish moves on EUR/USD

LMAO

@forex888 Cup and Handle? On the Euro/USD chart? Say what?

Yes I agree solid base, for now at 1.34 something (depending on how you structure your support down here since it gets dicey).....but C&H......come on. Maybe a drunken cup & handle pattern pouring it all over the counter....

Although, I do bet there is a wave up coming......but it's going to take some kinda catalyst, haven't seen it yet.

Selling starts. Live from London.

Europe traders are in the office.

will close my long if the h1 closes under 352.... 11 mins to go

added half position Long at 3516, tight stop.

Thank you... thank you very much...

ADD: a minute later... all positions at +1 SL. G'nite.