nice volume on down bars...i intend the play the area of 2500 to 2530.
my better volume indicators market stat indicators, are in zip file
my better volume indicators market stat indicators, are in zip file
Attached File(s)
MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
EA for multiple lot limit order for EURUSD 0 replies
NFP nice bump up on EURUSD 2 replies
DislikedI don't put the though out that we could push a little bit higher towards the larger shorts. I'm sure that last weeks covering rally shook out a lot of the weak shorts. With that being said, bulls might still try to cover a few more shorts.....I also wouldn't discount the fact that with volumes decreasing due to illiquid holiday (July 4) and summer trading conditions coming into effect, we could see a bunch of consolidation up here in the range from 1.2150-1.2645 until mid-July to August. Here's my chart.....Ignored
DislikedIt really depends on what the market sentiment think,
because if they think USD is no longer a safe heaven. It will end the Euro bear trend. Currently at least quite a bit of USD strength is drive by safe heaven.
negative NFP could turn the safe heaven confidence down or otherwise, we just dont know.Ignored
DislikedI don't think anyone is expect NFP to be anything but crap-tack-ular.
Market probably priced in the -110 or so already. There's so much negativity expected than over 110 shouldn't effect the market much (just confirmation) whereas anything under would surprise the heck out of people.
There's also a lot of capital waiting to jump into equities. Talk of "the bottom" is getting stronger. USA has shown its cards. The EU on the other hand is going to get worse in the coming months.Ignored