Attachments: EURUSD

EURUSD

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#511,681
Aug 5, 2011 5:28am Aug 5, 2011 5:28am

pirat
| Joined Aug 2011 | Status: Trader | 40 Posts

1,4180 is a fib. point... is it going to hit that and then go for the next at 1,4220?

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#511,682
Aug 5, 2011 5:30am Aug 5, 2011 5:30am

kuroro001
Joined Jul 2007 | Status: Trader | 17,796 Posts

Quoting PayTheLimit

Disliked

lucky, there not always like that, a general area is good enough, dont get bogged down by nailing it to the pip, thats what I say..

Ignored

Well said buddy

COT: The precious data ignored

#511,683
Aug 5, 2011 5:31am Aug 5, 2011 5:31am

OMGtrader
| Joined Jul 2011 | Status: Market Junkie | 693 Posts

this price action making me sleepy...

Trade what you see, not what you think!

#511,684
Aug 5, 2011 5:33am Aug 5, 2011 5:33am

nawafasad1
Joined May 2009 | Status: Trader | 2,162 Posts

Quoting pirat

Disliked

1,4180 is a fib. point... is it going to hit that and then go for the next at 1,4220?

Ignored

or it could be finished and going under the trend line is confirmation

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#511,685
Aug 5, 2011 5:36am Aug 5, 2011 5:36am

Mr Bull
| Joined Jun 2009 | Status: Trader | 320 Posts

What do you think about NFP result and Unemployment rate? Better or worst than expected?

Where is EUR/USD going to after the results?
Up, down, up and down, down and up?

Make your bets and give some reasons to support your opinion.

IMO, NFP will come a bit better than expected and U. rate flat. The move will be up and down.
Technicaly, weekly and daily charts look bearish. H4 and hourly look bullish.

The one thing that makes me think that in the end it might go down is the Japanese intervention. Why the hell would they make their intervention one day before the release of NFP? They could have talked with USA or someone and they might know already that is going to be better than expected. Dollar would rise against all currencies and they would celebrate their successful intervention

Just an opinion, right

#511,686
Aug 5, 2011 5:39am Aug 5, 2011 5:39am

deeZG
| Joined Apr 2010 | Status: Trader | 1,035 Posts

Quoting Mr Bull

Disliked

What do you think about NFP result and Unemployment rate? Better or worst than expected?

Where is EUR/USD going to after the results?
Up, down, up and down, down and up?

Make your bets and give some reasons to support your opinion.

IMO, NFP will come a bit better than expected and U. rate flat. The move will be up and down.
Technicaly, weekly and daily charts look bearish. H4 and hourly look bullish.

The one thing that makes me think that in the end it might go down is the Japanese intervention. Why the hell would they make their intervention...

Ignored

i think it's gonna be pretty much indecisive and that would mean pretty bad for economy in general since showing there's no significant employment improvement. with that on mind, risk would stay off and with japanese & swissies pretty risky to go in because of the intervention, that would mean down for this pair.

but will see and will trade whatever the market chooses as the direction...

big numbers are our friends...