EURUSD

Short 1.3455...SL 1.3480...TP 1.3380-
Downside momentum ...pair doesn't have steam to go up...PA is supporting the downmove for now

trigger of 1.3375 next target 1.3120

good luck mate I am on the short side too today, lets hope we get to our tp's mine is only 3400.

These are my cable charts:

It could be nice area 4 going LONG !





.
.
.
.
.
.
.
.
.
.
.
.

Still riding this sucker....woohoo!

Here's a song to celebrate and cheer anyone who's on the wrong side up...

Sorry for the late ,internet connection failed .
Anyway it is still bullish as per my Td analysis & i am holding longs here ,bear momentum not settled yet & may even fall to next support 1.5166/49 sl just below here , will add more if there , tp 1.5373,5424,5507 now how can be limited too as 1.5302,5335 ( break up can chance more ) ,5358,5374
gap remain open ,H4 buy setup perfection & retracement area to complete cd .
h1 sell setup perfection also retracement area to up before fall , so price may up then fall to continue down as per h1 but ultimately up as per H4.

price

closed cable short opened at 1.54

European Forex Technicals: JPY To Extend Strength



Intraday :


EUR/USD :


Extends the setback off the 1.3586 lower high to close the upside gap at 1.3500, and congested support at 1.3439 is under threat. This includes a 1.618 extension target projected off the 1.3679 lower high, and should attract a modicum of support. However, regaining ground above 1.3499 is required to lift the tone and open 1.3563. Failure to hold 1.3439 would deepen the setback and expose 1.3366.


Weekly chart EUR/USD trend: Range.



;-)



http://cdn.forexfactory.com/images/attach/pdf.gif 2010-04-19_European Forex Technicals.pdf (9.0 KB)



Bischen was zu lesen - während der Wartezeit :


Guten Morgen Jungs !

Morning CAT - Moin Hatch - morning everybody else!

Thank you for your useful post there TCAT - always a good read - I like it...

Jawohl - gut Jungs - mal sehen was nachher kommt. Nachrichten sind nicht viel auf der Tagesliste. Es ist bloody Monday - Wochenauftakt der 16. Kalenderwoche.

Mal sehen - es spricht vieles für beide Strategien - Catty's - but Mr. Hatch as well.

Und schließlich muß niemand sich in seinen TRADE verlieben oder verbeissen. Keiner ist je davon gestorben, wenn er mal zwischendurch ein wenig Kasse gemacht hat.

So halte ich es jedenfalls immer. Always play a bit with your Break Even. Adjust it - mal was neu herein tun - dann aber auch wieder mal auftauchen und etwas abatmen - was wegwerfen meine ich. Geben ist seliger denn Nehmen - ha ha...


Viel Glück und natürlich Erfolg Jungs!


Soll heißen - good luck - happy pippin' !


And as you mentioned already Catty - all day long 20 - 60 pips - und das in each pair traded - na das macht die Katze froh !



bibib

Above 1.35 March/Q1 close, below 1.3437

Shanghai Composite Closes Down 4.8%

Whilst it can have a life of its own, today’s sharp 4.8% drop is worrying, especially if you are long AUD. Reuters stated that the bourse was pressured lower by a tumble in the property sector after China ordered local governments to stamp out speculative activity. The property sector was down 6.7% whilst banks were under pressure on the back of the Goldman’s fraud case.

yep mate I agree with all of it. so far my short not looking good, but also no need to panic all in acceptable parameters. My short term trendlines are still good for more down move and have space for more up as well. so far price moved in staircase pattern, which could continue like this till who knows... 3440 was good support sadly it went even lower and got my pendings short, should we get there and break my tp will be reached no problem 3400. Otherwise just normal ranging which sucks for my trading plan.
We will see where price will get us either way I will accept it, no stress

Planning eu to buy again at lows , In h1 tf buy signal confirmed and H4 already sell setup perfection & fell enough down , both indicate retraments up . price at or any below 1.3440 towards 1.3394 place more longs now.

1st set of longs failed with min profitonly decide hastely seeing price below 1.3439, my last # ,not though if it hold or not.
fontu

Greek 5-year CDS widens another 24bps from the NY Close

In what is becoming a repeat of last week and the week before that etc etc, Greek CDS ’s continue to blow out and are now trading 460 points over German bunds.

Portuguese bonds approaches 150 bps from last friday (!!) and are now @ 146 bps vs. German bonds.

Another Greece...???

he Euro has been going through a steady decline from 1.3675 high on Wednesday, which extended on Asian session, with the pair weighed by risk aversion after Goldman and Sachs' fraud accusation, to cover last Monday's gap and hit 6-day low at 1.3435,

Still mid term move still unclear, USD weekly chart, week before last bearish hammer rejecting 2008 closing level 82.5, last week bullish hammer rejecting a historical key level 80.

BREAK of 1.3375 next target 1.3120

so far 3440 still holding this was just some stop hunting, but more down coming 3400 shouldl be seen today.

EURO-DOLLAR: Drops back below earlier lows at 1.3437, clears below the
broken Fibnacci retrace level at $1.3439 (61.8% $1.3282/1.3692) to
extend lows to $1.3433. Move seen as markets react to a further widening
in the Greek bond/bund spread, adding to risk aversion. Support now seen
at $1.3430, a break to open a deeper move toward $1.3410/00. Below here
and rate can ease on toward $1.3380, with stops noted below.

Provided by: Market News International

Big wedge on hourly about to blow. A HH will point to substantial upside.