EURUSD

Reckon this could be orchestrated? we had the FOMC come out giving the market more than they asked for. ECB said NOTHING and now everyone suddenly pointing to the EZ debt again. I reckon they getting a good price to buy before NFP. The NFP numbers should be bad looking at previous data...

still got my Longs with s/l at 4030...

Be careful with the euro from now on. There is something fishy about it, if not with the whole European System from the very beginning. To me the following quote by Trichet sias everything:
"The European Central Bank refused to disclose internal documents showing how Greece used derivatives to hide its government debt because of the “acute” risk of roiling markets, President Jean-Claude Trichet said.
“The information contained in the two documents would undermine the public confidence as regards the effective conduct of economic policy,” Trichet wrote in an Oct. 21 letter in which he rejected the appeal. Disclosure “bears, in the current very vulnerable market environment, the substantial and acute risk of adding to volatility and instability.” "
These documents are not released because they are too much of a mess. And they can destroy the whole Union. There were information before about the fact that many European countries' debt to GDP ratio was higher then the allowed (somewhat around 10%...) when they took the use of the EURO. In case of Greece this number I think was somewhere around 50% if not more. Now, they say that the release of the documents will come out on Nov. 15. In my opinion those documents will be modified. The real trues will never come out, because if they would investors would realize that the whole EURO system is a hoax and totally unsustainable. And that would create the total crash of the EURO. I still think that it should crash and be started all over, and circulate only amongst those economically enough developed countries who deserve its use. Otherwise it is nothing but a bubble and misleading! Interestingly the Scandinavian countries don't want the EURO. Did anyone wonder why? They are the best economically developed countries not just in Europe, but the whole world. They know very well, that they don't want all the German and French lies, fake statements, the mess and so fort...
If I wasn't from Europe myself I would not say anything, but I truly know what is going on there, especially the East. Fake! Fake! Fake! Big time fake!

if nfa data comes as it is expected or better than expected (hope it come better than expected) my targets down side area are like drawn in pic.i wait better than expected coz on wen Adp non farm data came twice better than expected and i hope nfa comes like this aswell

1.4018,1.3935 and 1.3919.

so you think that a good unemployment number will take this pair down considerable to change this up trend once and for all, specialy with all the rumors that started blowing since yesterday?, thanks in advance...

some support developing 4094/96, resistance at 4127/29 s/b strong..

And it's easier to shoot up from 1.41 than from 1.42. Resistance close 1.43 is tricky.

More playground here.

exactly. Im ok with 70 30 success ratio as each profitable trade surpasses the loss

Just closed my short on EU and EJ, at about 50 pips each, unfortunately I am having a hectic morning so I couldn't close the trade at 70 each. But overall not bad, I guess I can live with a 120 pips, today(I forgot USD/CAD). Now I have just left .1 lot open on all three incase NFP yeilds positive results.


Good Luck.
Thanks.

Big spike candles on the GBP and CHF vs USD 15min charts?

EUR, AUD and CAD only small bull moves...

The pullback is good opportunity for buying.

I'm long.

Nope, a good or better than expected numbers can't justify for a 0.75% drop in this pair, especially after a 600BN deal. That 600BN deal is just showing how bad it actually is and is probably not the last one either... This is sad as this will hurt other countries due to the unnaturally high currency which in turn is going to weaken export and then we have the waves going for some time in the future...

I would be surprised if this bull trend ended within the next 30-40 trading days... How high we will reach is hard to say though...

4132/34 above that....

Closed all my short positions

better safe that sorry

Buying volumes came in ( eu 4080 gu 6170) but who knows what nfp will bring

sitting out this one

aqua is #3.. it don't mean nothing until after nfp is released and direction is known. pink box is #3 mofu

Btw, have anyone noticed that the green 4hr candle up to 1.4260 has approx the same body length than this previous sold red 4hr candle....heh....fridays.

EDIT: So what does it mean? Probably same suckers who bought it up, sold it down and will likely buy it up again.

nfp will be bad as usual and employmeny change may be good or stay the same...i dont expect any serious volatility IMO

Well minutes before NFP. This my view. Obviously NFP area 2 can take longer than today if it happens.

sisse

28 minutes to the fun hour.

Short @4120 tp 3760 sl 4320 have a nice day today!