EURUSD

trending faithfully inside 15tf triangle. waiting for breakout..either way.

Consolidation on both charts.

This is a way for USDx to tell fiber: "Luke I am your father!!".

In any case a break north or south equally possible.

Target north: ~1.2060.
Target south: ~1.1828.

LOL.

Cheers to all.

Defo - UJ heading down now also

First post, I've been lurking around this forum for a week-ish now, and its an awesome place! Always reading everyone's post and trying to grasp what and why people have planned their plans, and its very intriguing trying to decipher it. I hope I can be a part of this discussion and contribute in-depth analysis in the near future when I build my knowledge a bit more in the rookie forum :]

Still don't know how it'll play out, could break out either way IMO will happen in a few hours I think.. o.o (5M uptrend/1H downtrend) but if it went bullish, I got a feeling it wouldn't go that far above 1.2075. (Thoughts from a noob )

noose tightens..

Having a hard time crossing my 38.2 Fib

There's an unfulfilled/unsatisfied m15 bullish divergence pointing towards 1.2078.

M30 bull div. pointing to same target (1.2078).
Lets see how this plays out.

Bit of a stalemate, basically where we started Sunday. Because we seem to be short heavy at these levels, I'm leaning towards an up push. Bout time for an an old fashioned short squeeze

Good grief, does anyone think Ben Bernanke' speech tomorrow will make this thing move?

I was just looking at different time frames trying to get a different perspectieve. I found this on the 8hr chart, I just threw a few lines on, I could not find anything in that time frame to compare it to that was close enough. any thoughts.

Time for some coffee beans whilst she makes up or mind to head up or down

The ratio of buyers to sellers for the EURUSD is 1.34

This signifies that there are 1.34 buyers for every 1 seller.

Retail positioning is a contrarian indicator so further downside is expected.
http://i260.photobucket.com/albums/i...20100608204055

zzzzzzzzzzzzzzzzzz

Looks like TL test again

just chill.....wait for price to do its thing, you can only make money when the market has something to pay you.

usd bulls could awaken soon..

Where is USDX Chart in metatrader G?

Good morning all,

looks like no big change in asia session until now. Seems today is the key to decide South direction. If not, we could have an other week waiting like range in 1.34. Let's see.

Enjoy trading and have a Nice day.

gator if usdx bull then EU will go down right?

This gives me the impression the banks have no one to shake out right now.