EURUSD

Same old, same old. Much ado about nothing. I still see up side. Maybe his 'chat' this afternoon will enlighten us. Unlikely.

US govt will keep printing money. Buys bonds off banks then have more cash to spend on speculating ...

just keep your long trades running buy dips on gold crude dow etc.

I wait until the end of the week to score up and see where I am at. Otherwise, I lose focus on trading.But everyone finds their own way of dealing with the emotional aspects.

the tank makes sense, then.

Thanks!

Anybody go long on this during this time frame? Gj.

Closed at 1.47 now just wait for ben.

i was 100% right

pip pip pip

Go Canucks Go!... last night just witnessed the conclusion to the greatest hockey series in the history of the NHL.

My team came out on top! That means that we are headed to 1.41

this looks to be a good link. so far the announcement was fun to watch so this should be interesting.

http://www.zerohedge.com/article/wat...tion-free-here

will we hit daily R2 today? Around .485xx area?

sold at just under 4700. tp@4680

I'm just sitting on my hands for awhile, I had a short in the downtrend and it turned, went long when it broke above the trendline and then wasnt paying attention to the time and FOMC news hit, took out my stop, turned the other way and blasted up through my profit target.....

speaking of emotions lol....grrrrrrrr

Dollar will destroy FOREX one day

anyone deciphered this b0!!0x yet?

Press Release

http://www.federalreserve.gov/gifjpg/PRimage.gif Release Date: April 27, 2011
For immediate release

Information received since the Federal Open Market Committee met in March indicates that the economic recovery is proceeding at a moderate pace and overall conditions in the labor market are improving gradually. Household spending and business investment in equipment and software continue to expand. However, investment in nonresidential structures is still weak, and the housing sector continues to be depressed. Commodity prices have risen significantly since last summer, and concerns about global supplies of crude oil have contributed to a further increase in oil prices since the Committee met in March. Inflation has picked up in recent months, but longer-term inflation expectations have remained stable and measures of underlying inflation are still subdued.
Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. The unemployment rate remains elevated, and measures of underlying inflation continue to be somewhat low, relative to levels that the Committee judges to be consistent, over the longer run, with its dual mandate. Increases in the prices of energy and other commodities have pushed up inflation in recent months. The Committee expects these effects to be transitory, but it will pay close attention to the evolution of inflation and inflation expectations. The Committee continues to anticipate a gradual return to higher levels of resource utilization in a context of price stability.
To promote a stronger pace of economic recovery and to help ensure that inflation, over time, is at levels consistent with its mandate, the Committee decided today to continue expanding its holdings of securities as announced in November. In particular, the Committee is maintaining its existing policy of reinvesting principal payments from its securities holdings and will complete purchases of $600 billion of longer-term Treasury securities by the end of the current quarter. The Committee will regularly review the size and composition of its securities holdings in light of incoming information and is prepared to adjust those holdings as needed to best foster maximum employment and price stability.
The Committee will maintain the target range for the federal funds rate at 0 to 1/4 percent and continues to anticipate that economic conditions, including low rates of resource utilization, subdued inflation trends, and stable inflation expectations, are likely to warrant exceptionally low levels for the federal funds rate for an extended period.
The Committee will continue to monitor the economic outlook and financial developments and will employ its policy tools as necessary to support the economic recovery and to help ensure that inflation, over time, is at levels consistent with its mandate.
Voting for the FOMC monetary policy action were: Ben S. Bernanke, Chairman; William C. Dudley, Vice Chairman; Elizabeth A. Duke; Charles L. Evans; Richard W. Fisher; Narayana Kocherlakota; Charles I. Plosser; Sarah Bloom Raskin; Daniel K. Tarullo; and Janet L. Yellen.

Women not overly complicating something?

I call BS.

-Jobless rates remain elevated
-oil supplies have pushed up crude prices
-Longer-term inflation expectations

comodities higher, dollar lower on crosses.

Archie, looks like markets are still all about Dollar Weakness.

re. women vs. men, there's a trade off, generally women have less ego and don't suffer from the need to be right so much as men, although they are more susceptible to emotions, note use of the word generally...

Now did you see what i mean .

Its clear now push down to 30ish ,followed by the SECOND move up through 90 and if its got power then continuation.

Am out at moment when it bounced off 4710 twice .

The surge in inflation in the U.S. caused by rising oil prices and raw materials should be that "fleeting, " the Fed said in a statement approved unanimously by its leaders.

It's time to think about selling the euro, maybe?

the gamble paid off my friend!!!

i will take this money out of my account, what ever i make today, and give it to those that need it the most

i need to thank god for all he has given me
and the brain he blessed me with