EURUSD

I agree. It would take some very bad news for it to drop and current uncertainty to be removed for it to rise.

This shows how scary FX market could be.

I show Usd/Chf below the 700 figure on my platform... This should take EU to 3680 at least.

grrr it shook me off and got out 0.7 of a pip profit, went below40 and found reistance on my line at 39, next time I just re-enter.

right market may prove scary today, though analysis in favour of big shorts yet the opposit also knocking the door. should stay away till US news are over in the evening.functions of big round bottoms ahead together before proved wrong otherwise. anyway still have time of the weekly close & date 13 & so bais not changed .

fontu

Moved SL to BE

http://www.cnbc.com/id/35810290

http://www.marketwatch.com/story/chi...0-03-10-222900

What has George Soros been up to lately? How many other hedge funds will be following suit? How much instability has there been in Europe? If you take Germany and France out of the EU, who is left to keep it afloat? Portugal? Italy? Ireland? Greece? Spain? None of them have the economic stability to do so. As I see it, there are two kinds of members in the EU... The first is there because they are strong and steady economies. The second lot are in there because they seek the protection (er, did someone mention Greece NOT being bailed out?) that the partnership implies.

This market is still headed down... Its just looking for the right time to move. I don't think it will be months away. We are potentially around only a couple of days before the current PA reaches the trend line that started back in early December... It may break it, and retrace for a while (and probably solidly at that), or it may go south immediately... Either way, its headed down...

PPP

you did the right thing, wel well I guess I just entered my long to late and move sl to quickly.

Is probably the price go up anytime breaking triangle.

There are different objectives.

http://img691.imageshack.us/img691/6927/dibujoecy.jpg

It will....temporary until the next drop

I am looking at that too... if it holds I short if it breaks I long

EURO-DOLLAR: Pulled higher to retest overnight highs at $1.3659, with
rate making a show above earlier reported sell interest at $1.3660. Rate
trades to $1.3664 with one trader noting next area of resistance/offers
between $1.3670/80. Above here and next offers noted from above $1.3690,
with interest extending toward recent highs at $1.3705. Demand remains
back at $1.3620, with interest now said to extend toward $1.3600, with
downside stops placed between $1.3595/90.

Provided by: Market News International

That's true with all moves.......

London opening, E/U kissed daily pivot of 1.3627 and bounced nicely.

I agree.. E/U is stalled.

There are no buyers above 1.37/1.38 and no sellers below 1.34.

Still holding from 1.354 and added another long at 1.362.

http://pcinternational.co.uk/wp-cont...03/eurusd6.gif

Good day,

We raised the target price for our long EUR USD to 13775.
Stop remains at 13615.

Bye,
Quantts.

News is only good for the 30min period of the news, the Pro's will move us in the direction they like regardless.

Recently, I've got the feeling EUR and GBP is in a distribution phase, which means most likely, it'll head down at some stage.

Even with Bad US News, the market is still being sold, but for the close of the day the market recovers again on low volume, why ?? so they can dump and short more.

I could ofcourse be wrong LOL