EURUSD

yea looks like it wont be easy to reach pivot, but I might as well just place a sell there, if it reaches pivot I am pretty sure we go lower then. Also just realised pivot = recent high area (yesterday europe)-> so lots of resistance also move up can be capped at 3277 s/r could be a 50%50% trade sell at35-40 sl 80 tp 3200 sort of thing.
Tcat

Maybe they have some inside information . Such as last week someone knew that Moody will delay their credit rating on Greece while I was waiting for EU to drop like previous week. Maybe someone knew for sure (or speculated) that the rescue package will be approved and Greece will get the money this weekend. Just guess .

http://cdn.forexfactory.com/images/attach/pdf.gif 2010-05-04_ASIA DAILY FOREX OUTLOOK - Majors.pdf (11.1 KB)




EUR/USD - to trade with risks skewed lower. Pair undermined by investor doubts Greek government will be able to enact severe austerity measures mandated by EU-IMF EUR110 billion aid package, worries Greece's debt woes could spill across euro-zone. But EUR sentiment soothed by strong rise in euro-zone manufacturing PMI to 57.6 in April from 56.6 in March (vs 57.5 expected), general improvement in market risk appetite following strong Wall Street gains. Data focus: 0600 GMT German March retail trade, 0900 GMT euro-zone March PPI. EUR/USD daily chart mixed as MACD bearish, but stochastics bullish at oversold. Support at 1.3152 (yesterday's low); breach would target 1.3112 (Wednesday's low), then psychological 1.3100 level, 1.3090 (76.4% Fibonacci retracement level of advance from March 4, 2009 low of 1.2455 to Nov. 25, 2009 high of 1.5144) and psychological 1.3000. Resistance at 1.3252 (hourly chart); breach would expose upside to 1.3359 (yesterday's high), then 1.3413-1.3421 band (April 27 high-April 22 high), 1.3447 (April 21 high) and 1.3522 (April 20 high).




GBP/USD - to range-trade. Pair supported by positive risk sentiment from higher equities; but topside limited by concerns over weak UK fiscal situation, prospect of hung UK parliament after Thursday's general elections: latest YouGov opinion poll shows Conservatives leading with 35% support, Liberal Democrats and Labour neck on neck at 28%. Data focus: 0830 GMT UK March BSA savings & mortgage lending figures, 0830 GMT UK April CIPS manufacturing PMI. GBP/USD daily chart mixed as MACD bearish, but stochastics neutral. Support at 1.5210 (yesterday's low); breach would expose downside to 1.5074 (61.8% Fibonacci retracement of 1.4797-1.5523 March 25-April 15 advance), then 1.4797 (March 25 reaction low). Resistance at 1.5332 (yesterday's high), then at 1.5390 (Friday's high); breach would expose upside to 1.5498 (April 26 reaction high), then 1.5523 (April 15 high), 1.5575 (Feb. 23 reaction high), and 1.5586 (100-day moving average).




USD/CHF - to consolidate with risks skewed higher. Pair supported by positive USD sentiment, short-CHF carry trades on stronger investor risk appetite, fears of more CHF-selling FX intervention by SNB; but gains tempered by surprise rise in Swiss PMI to 65.9 in April from 65.5 in March (vs forecast for drop to 64.4). Daily chart mixed as MACD bullish, but stochastics bearish at overbought. Resistance at 1.0888 (yesterday's high); breach would target 1.0924 (Wednesday's high), then 1.0934 (July 30, 2009 reaction high), 1.0956 (July 6, 2009 reaction high) and 1.1020 (June 24, 2009 reaction high). Support at 1.0806 (hourly chart); breach would expose downside to 1.0729 (yesterday's low), then 1.0697 (April 27 low, just above 55-day moving average), 1.0670 (April 22 low) and 1.0655 (April 21 low).




Ich warte auf einen Ausbruch



palim palim

Either they are showing me their muscle or it is, If I remember correctly gator said that EU is like a teenage Girl you really don't know what in the hell they are going to do. I can speak form experance their as for raising teenage girls, I am on my second and have one more to go.

Next H4 candle starts as bear though 4 hrs to play , lets see how down it can go.1.3187 at it's finger tip. so more & down can be expected rather in one direction with most down pressure , may be below 1.3210.
fontu

Good morning traders !

Moin Malta !


Wollte Dir nur mal kurz guten Tag sagen. Danke für Dein Sostratos noch von Gestern. Bin gestern noch kurz da rein gegrätscht bei 3207 und 3212 - aber das dauert mir erheblich zu lange. Hab den Kram bei 3191 weggeworfen. Bin flat jetzt. Keine gute Trading-Zone.


Bis später


und tschüss !

good morning dont we all wait for the same thing... Now below 3200 the pivot looks like less likely to be reached. Its a shame really as the pivot trade would have been good. Now looking at a breach of 3183 to go net short.

its a good time for coffee and shower

take care man

manic depressant teenage girl.. aud/viagra didn't boost eu... we are less then 100 pips from last weeks low and below 3215... 3042 is saying "over here over here" gravity at the new center of the universe (3052) is pulling.

anyone with usdx and eurox please post if we get a new H/L its the cliffs edge.

Sell on everything by the looks

sucks how dare it go down with caring me

watch it reverse once we all loaded up on the shorts

Got no eurox...heres dxy tho




gotta smoke a cigarette brb, let me know if you need other tf's or whatever

its up to 3161 bear.. hopefully just a bump..
3170 is a bull #

lets see whos got the ball

Intraday Retest of previous support likely.

Still it's a sell.

set those alarms..

i wouldn't long before there or 3042/52

i had other levels on other charts but i don't know what they are. its gonna cost me

well hell I should be good at this my first daughter was manic depressant and my second one is defenfatlly manic, I just pray that the third one is a little closer to the pivit so far so good.

http://www.netdania.com/Products/liv...Chart.aspx?m=c

So can consider Bearish Breakaway cabdlestck mentioned yesterday in daily levels & recheck the levels down.Now already in buy set up perfection level close at present but what it will next 4 more hours ? so lower targets. 1.3155 tl ,42 support & great supply , 16 last supply not so strong to prevent fall .
fontu

1.3075 ATR projection down from today's high.