EURUSD

Good afternoon Mr Hatch.

how about weekly ?

just interested to know if its easy for you to do it .
if not dont bother .

thanks

I think the DX needs to break below 79.80 to get this EU going on a long move and it needs to close an hourly chart above 80.00 to get the EU short move rolling.
Until then, we are probably stuck here.
Edited

LONDON (Dow Jones)--Currency traders reacted calmly to news Friday that the People's Bank of China has acted to curb inflation with a fresh rise in the reserve requirements for banks.
Expectations of some sort of tightening measures from China have been building for some time, and action was widely expected over the coming days. But the 50 basis-point rise in reserve ratios is seen as a softer option than raising core interest rates, leaving the currency markets largely unchanged

for me, this is the chart of the year... called: "Tiny Tim unattendedly defying Price Action".

will close my account tonight for the rest of the year.

eurusd daily,

long target 1,37


http://img225.imageshack.us/img225/9356/yroi.gif

still ranging through the last narrow angles , 3260 break point confirmatio 3273 upside and 3241 breakpoint & confirmation 3233.
apparently a diamond like swing , bearish strong in nature .false break to 3273, 92 any time to even previous top 3326 without break it possible before down to validate only at reaction low 3164.

fontu

BERLIN (MNI) – The German government on Friday denied a media
report that it would like to discuss the succession for ECB President
Jean-Claude Trichet at the next Ecofin meeting in January in connection
with the question of who will succeed outgoing ECB Executive Board
member Gertrude Tumpel-Gugerell.
Germany favors a combined solution for both positions, German
business daily Financial Times Deutschland (FTD) reported Thursday,
citing unidentified sources from Berlin.
“The questions raised in this newspaper article are not a concern
of the federal government at the moment,” German government spokesman
Christoph Steegmans said at a regular press conference here. “There are
no announcements to be made in that direction whatsoever,” he added.
Tumpel-Gugerell’s mandate ends on May 31, 2011; Trichet’s term
expires on October 31. German Bundesbank president Axel Weber is one of
the top candidates for the Trichet succession.

www.forexlive.com


didn't we also deny the intention to build the wall, or that peace all over Europe has to be maintained? just a thought.

aah...life without forex...what a concept

if you don't read anything from me in january, i didn't make it.

Arnold will be out of a job in a few weeks.

LOL. Good luck Hatch.

Next week I am also closing trading until next year.

sisse

Very well judged...... good analysis.......

I will send flowers.LOL

Every thing is Still in the trend line its also the closure of dec contract maybe that's why they are trying to Hold the price here But I Still see BEARS . but WILL CLOSELY WATCH US DATA DUE IN LESS THAN AN HOUR.

I too am shutting it down. Would have rather done it a week ago and saved myself from a shit week. Oh well I can just look back on this week next year and remind myself to avoid trading like a jackass, that's worth something I suppose.

TY Munal

EU : zigzag down

I wont be surprised.. and most prolly it will happen even before we reach January..