EURUSD

Well said! i didnt know you were a biologist?! DNA coils, i miss them, happy days of evolutionary biology.

Praise the Lord!


....and pass the ammo....

levels to watch

Good day to you too

Just like yesterday, GU has better set-up than eu; something to consider

Hii some body please tell me if FOMC says no any changes then whats happened ? is € up ?

Thnx

VjjK

now your talking....

M1 : re and bull flag

Just give me a minute.

*opens a desk drawer*

*takes out the crystal ball*

Yes ... tries to find jolly good bottom for one more attempt to the upside ...

Yesterday's sell off activities cries for some corrective action ...

Should cross above daily pp line and head for 1.5917 ... or even higher again ...



;-)

Missed my long TP by 1 pip - 3700 is proving rather resilient.

Let me toss out my perspective. After watching part of the State of the Union and both (Cantor + Bachmann) responses, I think the Fed will be holding the course steady, as they should be anticipating a cutback in Federal spending. If you look at what happened to the UK with its austerity last quarter (GDP -.5%), I think it's reasonable to expect the same for the US economy. That won't allow the Fed to turn hawkish for a while.
I don't think that inflation will get out of hand in the US, as commodities seem to have stabilized in USD terms and seem rangebound.

I hate to say it, but the Fed's got itself painted into a corner with interest rates and QE. They now hold so much debt that any big rise in rates and their balance sheet pretty much blows up ... although they did make an accounting change in the last week that now allows them to hold until maturity and keep everything marked at par. I think that they made that move due to fears of blowing up their balance sheet.
The Bernank's got himself in quite the ugly mess where it will be extremely difficult to turn hawkish in the next year or two.


Personal sentiment: I'm not playing the EU strongly one way or the other, but I currently have a slight bullish outlook and am scalping on the long side. I'm simply buying the dips with small lot sizes (with respect to my account size) and taking 10 pips at a time.
Second note: I watched MSNBC's coverage, as I enjoy watching MSNBC's rabid morons with polar opposite views of my own do their post mortem of the event. ... I hope that Maddow, O'Donnell and gang have dusted off their resumes, as I expect them to meet the same fate as Olbermann. They remain a pack of unprofessional hacks.

out -3

will try again a bit higher, 3740 maybe

unless scalping i dnt see any major movement today ahead of u.s rate decision let alone u.s gdp numbers on friday !

hey thats a tuff one, skippy. but looking at 11 out of 13 prior daily green candles I gotta suspect FOMC will give good cover for some short action, if only briefly....

M1 chart WOW . thats gotta give u the adrelenine of a life time . lol !

im long EU with

TP 1.3730
SL 1.3650

~ Professional liquidity provider ~ lol

Another boring day

They're still absorbing the sell orders as it seems.