bit scared to short due to pre data move let wait and see
Re: EurUsd short term 15 replies
NFP nice bump up on EURUSD 2 replies
DislikedI wouldn't be shorting right now. I can see this thing going to at least 1.4300
It probably wouldn't get there today, but early next week isn't out of the realm of possibilities. We're still in a downward channel that is either going to result in a big bull flag or a complete break-down. Regardless, it doesn't seem like we're ready for another big leg down yet.
I've bot some GBP/USD longs from 1.6250, but that's it for now. Good luck all and have a good weekend.Ignored
Dislikedpossible good NFP data, japan was waited for us green signal, on other hand may very very bad bad enough to break support
edit i missed mfoste1 postIgnored
DislikedOnly stupid trader not take easy money It is after youIgnored
DislikedIMO, 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...Ignored
DislikedThey need more jobs just to keep flat.Ignored