EURUSD

I shorted and took my profits. Same opportunity each day.

EUR/USD at 1.3033 from 1.3046

Ok, I'm waiting to short 20 lots :-D

hi brother
i wish u a nice trade
and i wanna ask u what's the best broker company i can trade with it ??
ty very much.

eyes on gbpusd @ 5640


as always :

above --> long
below --> short

The Euro fell back from a high of 1.3045 on Wednesday and fears surrounding the sovereign debt crisis is likely to push the single-currency lower throughout the day as European policy makers fail to restore investor confidence. Portugal auctioned EUR 599M of debt due in 2020 yielding 6.716%, which compares with the 6.806% that was offered back in November, while Italy and Spain are scheduled to tap the bond market tomorrow as the regions struggles to manage its public finances. In response, Portugal Finance Minister Fernando Teixeira dos Santos said the auction was “a relative success,” and went onto say that the country will not need external aid while talking to the media in Lisbon.


Meanwhile, a report by Bloomberg News said that the EU is considering additional measures to curb the risk for contagion, which include a bailout package for Portugal, a bond buyback program, as well as lower interest payments on the emergency lending programs, but the lackadaisical approach taken on by European policy makers may fail to restore investor confidence as market participants speculate Spain and Portugal to share Ireland’s ill fate. In turn, the European Central Bank is widely expected to hold the benchmark interest rate at 1.00% tomorrow, and the central bank could be forced to delay its exit strategy further as the region faces an uneven recovery. ECB President Jean-Claude Trichet will certainly make an attempt to talk down the risk for the region as he expects the rebound in economic activity to gradually gather pace this year, but the comments from the central bank head may fail to prop up the single-currency as investors see the debt crisis spreading throughout the region. As the near-term rally in the EUR/USD stalls just shy of the 200-Day moving average at 1.3069, the exchange rate may continue to consolidate over the next 24 hours of trading, and the single-currency is likely to face increased volatility going into Thursday as investors weigh the outlook for future policy.

Diving time may be ?

http://cdn.forexfactory.com/images/attach/png.gif 2011-01-12_16h13_ EURUSD _ min003 _ 1100 x 800 (BarChart).PNG (37.0 KB)



Hi Tarantel ...

me too ... last trade of the day ... re-entered again short accidently by forgotten cancelled short orders ...

But does not hurt as you can see ... enough for today ... always nice to see you ... as you are one of the rare few who are really concerned with trading only ... and nothing else ... in this wasteland ... 'pöbelhaften Zirkel' hier ...



I will call it a day ... greetings

und weiter so !

Crude Oil Inventories positive & price still below 3053 at channel top, some breach to 3060-75 may not change a lot , lets see if any change .
fontu

London close will move market on closing of positions and Dow retracing will have an effect though in recent days correlation has lessened because of Europe debt situation.

Strength in EUR/JPY will bring EUR/USD up and 200 MA is 1.3069

And here we are.

london

done

NIce trade is flirting with my S/L. Missed it for a single pip.. .atm I dont like it.

As for brokers, im happy with mine. Dont want to change it.

Low spreads 1-2 on EURUSD, 3 on majors etc...well gold and audusd are hard to trade with my broker...10 and 70 pips respectively.

go to www.forexpiecearmy.com , you can read reviews there.

Good luck to you

me out waiting for london

Am finished for the day too. See you later.

Hi T,

little typo, guess you mean www.forexpeacearmy.com