EURUSD

Here the BULLS a comming i thing the Limit for the Bears is 1.2735

is comming, in TF 4H the TL (Current TLDW (BLue) and the Minor TLUP of negotiation are close to cross, one of two sides will be choose. Crazy day; Crazy Month

Yo OneTrade, are you indeed attaining 1.5?%

the divergence on your 4 h stoch?

blue pips

yo dude, what u saying about your +12 goal difference already!

What do you think a good/bad GDP would do to this pair? And what for extremely good/bad GDP? Any ideas which is "best" pair for trading this news? Thanks!

from http://www.businessinsider.com/morga...-dollar-2010-8

Morgan Stanley makes the case that the apparently divergent directions of the US and European economies means further dollar weakness is in store.
Yesterday we took profit on our short EUR/USD recommendation, taking this out of our portfolio. We have been bearish on EUR/USD since December 2009 but have become more neutral in the near term after a further deterioration in the outlook for the US economy.

In recent weeks we have been arguing that after a weak patch in economic activity starting in May, the US economy was likely to recover in the second half of 2010. Or if a pickup failed to materialise, it was highly probable that economic activity would start to soften elsewhere.

While there is some evidence of the latter occurring in parts of the global economy, the US economy has deteriorated even further, with the current weak patch looking quite severe. While a double-dip scenario in the US is probably still an unlikely outcome, the latest deterioration in the economic data (most notably the Philly Fed survey, rising jobless claims, weak durable goods orders and weak housing data) has called this into question. Our growth surprise index for the US shows the most rapid downturn since we started collecting the data in 2000. After very strong positive growth surprises up to April, we have seen the biggest ever swing in the surprise index. The Euro-area has not suffered the same fate, and as Exhibit 2 shows, the relative growth surprise has been fairly substantial and suggests the euro might strengthen further.
As such, US monetary policy is likely to ease significantly.


Read more: http://www.businessinsider.com/morga...#ixzz0xnxtZyyT

happy trades and take care..

You already got the answer man .. "every battle is won be4 it is fought" .. Cheers

Still on that range, market waiting for Uncle Bernake.............. and Prelim GDP news...........

in 50 minutes 2705.

let's see what the news bring: flag and wedge do their trick or break above.

still afraid a spike big enough to sl me and then big downer...

if i do get sled at least i hope we break this upward channel up!

hapipipin

Do you guys know where I can watch Bernanke live on the web?

Bloomberg US perhaps?

YES, mostly i got my 1.5 % everyday i am trading, since a little more then 4 years .. it is good for me, my family, my hobby and for my future

Now this is how the decay of civilization looks. I turn on bloomberg US, there's 30 minutes till GDP and what do I see? They are discussing golf Oo They're talking about the retarded game and discussing Tiger wood's style or whatever. It looks like dementia on a massive scale, that's how you know the decay of civilization.

More then 4 Hours ago i hve tell you that... and so it is....

bear view if it goes up sell it at 1.28 or wait for confirmation at that level

bear pattern

.

thx i m getting there slowly but surely lol