EURUSD

all the best green week

add long 1.3358

heck no court for me i know the ppl really good i will kill for my money

Why would you go long here, have you looked at indicators?

http://online.wsj.com/article/SB1000...801776090.html

Snippet:


Mr. Hu reiterated China's belief that the crisis reflected "the absence of regulation in financial innovation" and the failure of international financial institutions "to fully reflect the changing status of developing countries in the world economy and finance." He called for an international financial system that is more "fair, just, inclusive and well-managed."

Mr. Hu, who also heads China's ruling Communist Party, rarely interacts with the international media. The Wall Street Journal submitted a series of questions to China's Foreign Ministry for Mr. Hu to answer. The Washington Post also submitted questions. The Foreign Ministry supplied Mr. Hu's responses to seven questions—but did not address questions about imprisoned Nobel Peace Prize winner Liu Xiaobo, China's growing naval power and complaints about alleged Chinese cyberattacks, among others.

Mr. Hu's veiled criticism of the Fed reflects widespread feelings among developing nations that U.S. interest-rate policy is devaluing the dollar, prompting flows of capital overseas and creating inflation elsewhere. China and other developing countries would like the Fed to factor in those consequences when it makes decisions. Fed officials counter that their mandate is to bolster the U.S. economy and that a stronger U.S. economy is in the interests of China and other countries, which depend heavily on trade and investment from the U.S.

This could be a major issue of contention between Messrs. Hu and Obama. The U.S. blames Chinese currency undervaluation—not Fed policy making—for worsening competitive and inflation problems overseas.

"This is a new ballgame in the first inning," says Eurasia Group's Ian Bremmer about China's rise. In an interview with WSJ's Rebecca Blumenstein, Bremmer discusses the growth of Chinese economic and military power and President Hu's U.S.visit.



Some of Mr. Hu's most significant comments dealt with the future of the dollar and currency exchange rates.

"The current international currency system is the product of the past," he said, noting the primacy of the U.S. dollar as a reserve currency and its use in international trade and investment.

The comment is the latest sign that the dollar's future continues to concern the most senior levels of the Chinese government. Beijing fears not only that loose U.S. monetary policy is fueling inflation, but that it will erode the value of China's holdings of dollars within its vast foreign-exchange reserves, which reached $2.85 trillion at the end of 2010.
China's central bank governor, Zhou Xiaochuan, created an international stir in March 2009 by calling for the creation of a new synthetic reserve currency as an alternative to the dollar. Mr. Hu's comments add to the sense that China intends to challenge the post-World War II financial order largely created by the U.S. and dominated by the dollar.

because I see 1.34>> 1.35

The trend is down

line in the sand 13320 above or below either we range in between 80and 20 or we break the line and hell will be open i might be wrong

Damn... I closed my EUR/USD short too early .....
I'll buy around 1.3315...i think it will head north around London session

chart

I'm flat like a training bra right now.

i closed mine now. 35 pips is enough for me for now... now will wait to see , i still might lose it tonight

did you make that story up or did that realy happen to you dude :0

Any technicians out there in Forex Factory Land care to comment on this email alert I just got.

Trading tips...

The EUR/USD has created a fibonacci puckback setup trade on the four
hour time frame. The trade should hit during this next session

Who knows The Low is 1.33359 and High is 1.33874 on my FXCM UK trading platform. USA closed and Europe starts in 5 hours 37 minutes.

3336 - i don't think that it will hold, but still very good opportunity for a bounce.

Well Kill, let's hope it breaks, I'm short from 1.3364

Shamu

lmao...

100 pips and still waiting for 1.3300

A better question is : have you looked at the PA?
It bounced off supply area....either you short 1,3365-80 or long 1,3320-30.
In between is a range and gambling to guess which side its going to break

Thanks bro