EURUSD

forget about it , we can do lots other thing without a camel too .

No any reversal pattern so far , bear continuation possibly , wave 3 of 5th apparently where subwave 2 is about to end before subwave 3 start,where subwave 2 can even go 1.3690 . not think though.

Tertiary supply in action but likely in shortage soon to retrace per tactical strategy to 2ndary supply area & if the invading force become fierce then to the ultimate supply. posted before the picture from monthly chart.

daily TDSC still in rally down /setup but may end despire this bear started creating since 15th this month if price go above & hold 1.3386 close and at the same time weekly having similar setup down since 14 march if weekly close above 1.3490 will also loss this status.

1.3386 daily close & 1.3490 weekly close not impossible & so are at risk.

In h4 tf buy cd on at 11th now & if there may occure a good buy signal price may need go at or below 1.3324 by min 2 or more H4 candles.

In present buiding tf m5, buy signal confirmed , retraced dulet & may continue bull next.

In h1 , same as m5 , so they both accord of bull contnuation right now.

food luck.

sometimes fun also good though when anything can happen in forex.
fontu

3360 is coming. The camel was drunk! I think at least it will touch 13310.

euro yen is shaking

whoo hoo thanks market for letting me out my shorts in profit. Now rise to the sky and show them.
The pivot did it already 57 is close enough to55 from now on up up and away.

wait for 3343 +slip to take a decision

thanks mate I am already out of my shorts, the pivot did it for me so no worries. Shall we slip below I can again short. Soon above 75 good place to long with sl below pivot.

euro yen shakin some stop losses

I need to short... give me a short -.- *took out my 84 for a mere 9 pips -.-

{0} Trade idea: Bullish (direct rise). An immediate rise is expected on the market. Details: The market is upside oriented today. We advise to play this bullish strategy as long as the market does not go below 125.08, as we anticipate a direct rise to 126.58. Buy close to 125.49 to play a rise to 126.58. The invalidation level of this trade idea is at 125.08.

EURO-DOLLAR: Asian trader suggest that Bk of Korea intervention to
support dollar-won overnight amounted to around $1bln. Expecting book
balancing euro-dollar demand to be seen during the day.

Provided by: Market News International

EURO-DOLLAR: Opened Asia around $1.3385 with early demand continuing
late NY's short squeeze, which had seen rate recover off a late Europe
dip of $1.3299. Rate moved above $1.3400, meeting US investment and
Nordic bank supply around $1.3405, but buy interest overwhelmed with
reported stops above $1.3420 targeted. Sell interest ahead of this level
capped move at $1.3417. The corrective pullback picked up momentum on
risk aversion, prompted by losses in Asian equity markets, with a major
French name a noted seller from around $1.3390. Added sales in euro-yen
squeezed rate to a low of $1.3364. Hedge fund demand ahead of $1.3360
provided a decent cushion, allowed rate to recover to $1.3385 ahead of
the European open, easing back to challenge the overnight lows in early
European dealing, extending the base to $1.3358 (50% $1.3399/1.3417).
Rate currently trades around $1.3364. A break below $1.3358 to open a
deeper move toward $1.3345/40 ahead of $1.3327 (76.4%). Resistance
remains toward $1.3420, with stops reported above. Further stops above
$1.3430. Offers then seen at $1.3450, with more stops on break.

Provided by: Market News International

current H1

right in the middle of the wedge, if we get to ~3420 i will "load on shorts" *gg

Yesterday, I've lost little. But today I'm might wanna go with the price action. Here is my plan. As we know that currently the price respecting the fibo resistance and support of 38.2 and 23.6. As we see 25EMA is almost horizontal which means the price feels comfortable where it is right now. Also ATR 14 is falling down, meaning that the average range is shrinking, volatility is decreasing. These means volatility has no directional bias; we don't know the direction of the next move, we know only that a move is imminent. As we all know during the consolidation or low volatility a common formation is symmetrical triangle. Today I'm planning to trade this break out. What do you think guys? But we have to respect psycholical supports and resistances as well.http://i262.photobucket.com/albums/ii81/Togu1/eu7.gif

FX: Option expiries for today's 1400GMT cut,
* Euro-dollar; $1.3250, $1.3300/05, $1.3330, $1.3340
* Dollar-yen; Y93.50(lge), Y94.00, Y94.45, Y94.50, Y94.60
* Euro-yen; Y126.40
* Cable; $1.5200
* Euro-sterling; stg0.8700
* Euro-Swiss; Chf1.4315
* Kiwi-Canada; C$0.7150

Provided by: Market News International

http://www.tradingfloor.com/en/Blog/...2010_04_27.pdf

good morning,

we bounced of 55EM on H4... if we brake daily pivot point, we could go pretty much down.

Triangle formed on M15 just before London open... looks like we will have pretty clear situation

I bought fiber @3384, based on that chart:



although my SL is incredibly big - 80 pips, I will monitor this trade and get out as it reach -30 / -40 pips; pretty risky but I'm ready to take the loss.

Just playing some conservative , closed long at 78 and waiting pendings activate at around , if fall to 44 very good 24 as in h1 more retracement can takes place & as per h4 at of below 24 will have a good buy signal but hope not so early min 2x4hrs of play if intact by this time .
so scalping mode , short & long both will do, so short now first.
fontu

I dont know how you do it but man this short and long all the time whoo hoo not bad. Can I get anywhere info about your trading style?or is it self taught?
Good luck man love ur analysis.
Tcat

Choppy little bugger first thing today.

Lets hope for some better moves as the day progresses.

G-Man

yup very choppy, guess they just stop hunting for now and in the noon they'll decide the direction.