EURUSD

Ok let's see how market act next 24h
I'm IN @ 1.2805 Target 1.26 by tomorrow
Edit
I divided my position to 3 order Already in with 2 and will add one more if we go higher
GL

exactly, in order to touch 3000 we need to recap 2900 levels 2939 especially, bear levels lie below 2725, 2695 acting as a support ,breach of it leads us to 2451

Yes maybe i lost my Patience but TL on my 4h Broken and open under it
Any way i feel comfortable enter that trade.
1.24xx this my TP2

let's see

Good luck

No news tomorrow, so it is quite possible we will keep consolidating before a move as we have been for the last 6 trading days, but then again it is Freaky Friday

here is what i am seeing on es

I'm scalping a long after the fall during NY...target 1,2860

daily eu on tradeguider

1) red arrow on up day low vol 3 days back = NO demand = weakness
2_ red diamonds down = trend down
3) last 3 days lower closes.

all pretty bearish until we get a day that has a higher close than prior day

2800 break then 2600 , 2400 , 2200 . I think of these 200 pip bands as boxes.

I like the smiley face

2830 maybe the best you get

this is why

freaky friday , options expiry tomorrow.... always fun

Once we break 1,2750 i'll be a freefall...daily PA is only indecision for now
And on the 17th of august i have an impressive vol...highest since june
What does it mean ? upside targeted ? There was no follow through though

Hey Mal
Nice work as always btw No hello to your old friend

17th I have a low vol up day on futures = no demand , weakness.

I have never had faith in fx daily volumes.

Hello old friend

No cheque in mail to old friend in Canada with all the pips you making ? LOL ....

I was waiting that from you big bro
Wish u all green ++ , Keep the great work

How ya doing Mal! Going to kick some EU butt, I see Good luck matey!

had a few trades here and there. mainly looking at this now. shorts from that level. cant wait what tomorrow brings.

awesome 15-pip range at Tokyo, nice to see the Japanese hosewives are still in the forex game....

they made so many millions from the gu mark downs thru asia this week , they took Friday off to go to the spa

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

2010-08-20_ASIA DAILY FOREX OUTLOOK - Majors (01h40 CET) 001.pdf (18.3 KB)



ASIA DAILY FOREX OUTLOOK - Majors

SINGAPORE (Dow Jones)



EUR/USD - to consolidate with risks skewed lower. Pair undermined by negative risk sentiment; worries about Greece's austerity programs - German magazine Der Spiegel warned measures dragging Greek economy down, with unemployment rising to 70% in some parts of Greece; news Moody's could lower France's triple-A credit rating, prompting French President Sarkozy to recall several ministers from holiday this week. But EUR sentiment boosted by Bundesbank upping its 2010 German GDP growth forecast a full percentage point to 3%. EUR/USD losses also tempered by position adjustments before weekend. EUR/USD daily chart negative-biased as MACD bearish, stochastics reverting to bearish mode at oversold. Support at 1.2790 (hourly chart), then at 1.2770 (yesterday's low, matching 100-day moving average); breach would expose downside to 1.2732 (Monday's low), then 1.2666 (55-day moving average), 1.2520 (July 13 reaction low) and 1.2478 (July 6 low). Resistance at 1.2902 (yesterday's high), then at 1.2923-1.2932 band (Wednesday's high-Aug. 12 high); breach would temper near-term negative outlook, exposing upside to psychological 1.3000, then 1.3190 (Aug. 11 high).


USD/JPY - to consolidate, undermined by unwinding of JPY-funded carry trades amid inflamed risk aversion (VIX fear gauge rose 7.52% to 26.44), sharp Wall Street's falls overnight (DJIA down 1.39%, S&P down 1.69%) as worries increased U.S. heading toward "double-dip" recession after unexpected 12,000 rise (vst forecast for 4,000 fall) in latest U.S. weekly jobless claims to 500,000, highest level since Nov 14; surprise plunge in Philadelphia Fed index of general business activity to minus 7.7 in August from 5.1 in July (vs forecast for rise to 7.0); weaker-than-expected 0.1% rise in Conference Board's index of leading indicators in July (vs + 0.2% forecast). USD/JPY also undermined by Japan exporter sales, lower U.S. Treasury yields. But USD/JPY losses tempered by position adjustments before weekend, USD demand for import settlements, continuing fears of Japan FX intervention -- Industry Minister Naoshima warned USD/JPY at 85.00 is "very painful" for Japanese companies; anticipation of additional easing by BOJ to cap yen's recent strength ahead of meeting between PM Kan & BOJ Gov. Shirakawa Monday - some speculate BOJ bank may cut its key policy rate from current 0.10%, while Sankei Shimbun reported yesterday BOJ will consider expanding its 0.1% fixed-rate lending facility by either increasing amount to Y30 trillion from Y20 trillion, or lengthening duration to 6 months from 3 months. USD/JPY daily chart mixed as MACD bullish, stochastics neutral; 5-day moving average meandering sideways; spinning-top candlestick pattern completed yesterday. Support at 84.87 (yesterday's low); breach would target 84.71 (15-year low set Aug. 11) - below which would open way down to psychological round-numbered levels from 84.00 down to 80.00, then 79.70 (record low set April 19, 1995). Resistance at 85.91 (yesterday's high); breach would expose upside to 86.28 (Monday's high), then 86.39 (Aug. 13 high), 86.49 (Aug. 5 high) and 86.93 (July 30 high).


GBP/USD - to consolidate. Pair supported by slew of upbeat UK data yesterday: rise in CBI UK industrial total order book balance from minus 16 in July to minus 14 in August, strongest level since August 2008; stronger-than-expected 1.1% rise in UK July retail sales (vs +0.6% forecast); lower-than-expected July public sector net borrowing of GBP3.2 billion (vs GBP4.3 billion forecast). But GBP/USD topside limited by heightened investor risk aversion, lingering concerns over negative impact of fiscal tightening on UK economic growth, position adjustments before weekend. GBP/USD daily chart mixed as MACD & stochastics in bearish mode, but latter at oversold; inside-day-range pattern as well as spinning-top candlestick pattern completed yesterday. Support at 1.5501-1.5495 band (yesterday's low-Wednesday's low), then at 1.5482 (200-day moving average) and 1.5471 (previous cap set July 15); breach would expose downside to 1.5325 (38.2% Fibonacci correction of advance from May 20 low of 1.4230 to Aug. 6 high of 1.6002), then 1.5253 (55-day moving average) and 1.5123 (July 21 reaction low, matching 100-day moving average and 50% correction). Resistance at 1.5672 (yesterday's high); breach would target 1.5688-1.5697 band (Wednesday's high-Tuesday's high), then 1.5707-1.5716 band (Monday's high-Aug. 12 high), 1.5866 (Aug. 11 high) and 1.5910 (Aug. 10 high).


;-)


got no time