The WoRmHoLe

On euro it looks like a very strong put level is acting as magnet now, the options lie @ 4240-4260 area, I won't be too surprised if we reach that area soon and then reverse sharply.

Hey Charles, how is it going? You are missing good part of action here, figure the GU is prepping for a strong spike up to 6400 like right about now.

dollar stuck @ WP now.

Hi mate , well friends visiting from Australia - I'm staying at my parents house - ultra slow PC and ultra crap internet connection - I had 2-3 hrs spare , thought I would check out the Market , would love to do a few trades but I can't risk it unfortunately , especially very short term tfs - have a good one , hope you kill it

that euro sob looks like it will try for 4240-60 now.

enjoy my man!!..

pa is kinda tricky, but anyone else getting a feeling that eu and gu gonna spike up like soon (maybe on US data)?

thanks mate - back to green for you I see

i'm looking to sell the euro

and here the silence come

not quite buddy still have a fair bit to go..1.67 im guning for

im comming..

market prices news in.. i think
no overall change in US all same as previous except more unemployed..the ship is sinking me thinks
dario dont miss the blasted boat my man!!! wait for an entry thou

Bingo GU is tanking I dont see any strong resistance until 6400

u mean rising

copyright for kathy http://www.fx360.com/commentary/kath...=1306414558642


This morning's U.S. economic reports provided zero support to the U.S. dollar. To the dismay of Federal Reserve officials, jobless claims jumped from an upwardly revised 414k to 424k, which is a sign of moderating improvement in the U.S. labor market. Although the 4 week moving average fell to 438.5k from 440.2k, jobless claims in the month of May have been very high which does not bode well for next week's non-farm payrolls report. In fact, claims have returned to January levels and that month, payrolls increased by a mere 68k. The persistent decline in continuing claims is encouraging but was not enough to offset the rise in weekly jobless claims.
The lack of upward revision to GDP also hurt the dollar. Economists were looking for Q1 GDP growth to be revised up from 1.8 to 2.2 percent but growth held steady at its prior estimate. The most concerning part of the report was consumer spending. Despite an uptick in retail sales in the beginning of the year, personal consumption was revised down to 2.2 from 2.7 percent. The combination of higher jobless claims and weak growth in the first quarter assures that the Federal Reserve will move forward as planned by reinvesting principal payments on maturing securities once their asset purchase program is completed next month. Based upon the latest economic reports, there is no reason for the Federal Reserve to tighten monetary policy more aggressively. If anything, they have to tread carefully because the momentum in the U.S. recovery has moderated significantly. USD/JPY http://www.fx360.com/App_Common/images/chart-icon.gif has fallen more than 60 pips following the U.S. economic reports, which shows how seriously investors have taken this morning's U.S. data

lets see what there trade recomendation is..

Sailor mate respect you took EJ profits at the very right spot, looks like USDJPY is toast and the pattern never completed there.

I think they are unstable to recommend this.

Which one of these fine ladies is Kathy?

http://masters-of-photography.com/im..._untitled1.jpg

they have no idea do they..maybe idea is to make u place the stop loss so they can hit it and make more wonga

6400 (50% of the whole down move) should do it, lets's see!
I got back in @ 6326.

Yes EJ I looked at H4 and saw Resistance at 116,35, also Usd News, better to booked profit, now i have one open position short Kiwi, small position (TP1 weekly R1).

im out of the cable thread..that thread has become complete junk!!!

i cannot believe twee aint kicked those mofo's out!!!..

told ya