EURUSD

B Careful

Is that a good scotch?

When I was first learning to play chess, my dad would continually use that on me. It took me about week to start recognizing it consistantly. He would throw in random moves just to throw me off.

Added to my Long position today, in also at 3144.

I guess maybe it's better to trade an intra day trading for now which I'm still look at the short side for this pair. What do you guys think?

Yeah the dollar looks bullish up to 82ish

http://i214.photobucket.com/albums/c...an/dollar1.jpg

I think i will try something else , have u seen this

Inserted Video

Don't forget some salt

That's hilarious!

I think that Technically it makes alot of sense for us to see a bounce off of near 1.33 here. But I think that nfp will help us see just how much of a bounce we might get here. I'm waiting...

LOOOL,

Awesome video, awesome conclusions, i'm still laughing over here!

Holy tequilla!

yeah, What about u ?

Morning to all . yes , shorts seems ok & doing .

levels of rections raised a bit for easy passage of the product perhaps , 3151 , about break & hold ,3137 already tested and 3124 ltl for targets perhaps another 1.3066 ltl ,2968 or to 2868 ltl again . All should be reachable or breakable with very short ranges .

Looking for more action today .
fontu

Up or Down? #2352

There's the solution for education. If Tila Tequila slept with everyone who graduates and gets accepted into college, there would be a whole lot less uneducated dumbasses in the USA.

good morning all....hope every one is doing well

http://cdn.forexfactory.com/images/attach/pdf.gif

2010-08-05_ASIA DAILY FOREX OUTLOOK - Majors (01h28 CET) 003.pdf (18.0 KB)



SINGAPORE (Dow Jones)--Following are expected trading ranges and outlooks for nine major currency pairs today:


EUR/USD - to consolidate with risks skewed lower as markets await 1145 GMT ECB interest rate decision & 1230 GMT ECB Governing Council meeting press conference: central bank widely expected to leave its main refinancing rate at 1%, but market participants eyeing press conference for possible comments on liquidity situation and results of stress tests on euro-zone banks. EUR/USD weighed by improved USD sentiment; downward revision of euro-zone July services PMI to 55.8 from flash estimate of 56.0; flat on-month euro-zone retail sales in July indicating consumers scaling back given severe fiscal retrenchment in region. But EUR/USD downside limited by EUR demand for long-EUR carry trades on improved risk appetite. Other data focus: 1000 GMT German June manufacturing orders. EUR/USD daily chart mixed as MACD bullish, but stochastics turned bearish at overbought. Support at 1.3130 (yesterday's low); breach would expose downside to 1.3051 (Monday's low), then 1.2978 (Friday's low), 1.2949 (July 27 low), 1.2874 (July 26 low) and 1.2791 (July 23 low). Resistance at 1.3211 (hourly chart), then at 1.3239 (yesterday's high) and 1.3261 (Tuesday's high); breach would reinstate near-term positive bias, exposing upside to 1.3342 (April 30 reaction high), then 1.3510 (50% Fibonacci correction of 1.5144-1.1875 Nov. 25-June 7 decline) and 1.3551 (200-day moving average).


AUD/USD - to consolidate with bullish bias after hitting fresh 3-month high of 0.9182 yesterday. Pair underpinned by AUD demand for long-AUD carry trades on increased risk appetite, firmer commodity prices (CRB spot index closed up 2.35 yesterday at 278.98); lingering effect of Tuesday's record AUD3.5 billion Australian June trade surplus data, Aussie demand on rising AUD/NZD cross. But AUD/USD gains tempered by better USD sentiment. AUD/USD daily chart positive-biased as MACD & stochastics bullish, although latter at overbought, suggesting sideways or higher AUD/USD trading near-term. Resistance at 0.9182 (yesterday's high); breach would target 0.9217 (top-line of rising wedge pattern formed with July 6 low of 0.8315 & July 8 high of 0.8791), then 0.9324 (April 30 reaction high) and 0.9382 (April 12 top). Support at 0.9129 (hourly chart), then at 0.9093 (yesterday's low) and 0.9068 (Tuesday's low, matching bottom-line of wedge); breach would target 0.9042 (Monday's low), then 0.8963 (Friday's low), 0.8902-0.8894 band (July 28 low-July 23 low) and 0.8871 (previous cap set July 14).


bla bli bla bla

1.2950 broken => 1.287

don't think about it. bull still alive until 3130 (for now)

edit: 4H ADV tl suggesting us not to sell before 3130 break. this is now reversal point

Yes for now...we'll know more in few hours when british boys are there

EU may slip down