EURUSD

g'morning john. howre you feeling about this pair today?

flat now.... probably range trading until break out...
probably london...

lucky we have london today....unlike yesterday

Hello New-Zealand, the all important Australian Building Approvals report is due in less than 1 hour, get ready to skip that dessert if necessary

Sure.

But between you and me, I don't care if the Euro, the Mexican Peso, the Nikkei, the DAX or the horse-shit September futures contract is jamming (assuming that this contract is volatile and liquid enough), ANY financial instrument that can put more money into my account is more than welcome

great minds think alike bro! just closed out a fairly straightforward 10 pip short scalp on aussie

http://www.dailyfx.com.hk
dailyfx's advise long at 1.4505 stop loss at 1.4320 target 1.4930
what do you think about this?

4511 taken down welcome 4493 ...

very bold prediction i think we're more likely to see 4320 before 4930. i stand to be corrected

more money in the account is definitely a good thing....

thanks for the vouch Mr Breakout...I appreciate it...

Good morning traders... Hope everyone is doing fine.
How's EUR today?

EU

Thanks Jim


Jim Sinclair’s Commentary
September 7th is an important date as the German constitutional court will decide on Berlin’s participation in Eurozone bailouts. Basically, this will determine whether Germany will bail out the euro.

with the Dow up big on Hurricane relief EUR/USD is getting weaker on reaction to events.

I see a test of 1.4450 if Dow or Futures are don however not until after 3:00 AM as London comes on board for the first time since Friday past at Noon.

YES
24H since i enter trade and No real move
Good news didn't lose 1 pip i cover it

http://www.financialsense.com/contri...d-recklessness

Snippet:

It is now urgent for investors to recognize that the set of economic evidence we observe reflects a unique signature of recessions comprising deterioration in financial and economic measures that is always and only observed during or immediately prior to U.S. recessions. These include a widening of credit spreads on corporate [COLOR=blue !important][COLOR=blue !important]debt[/color][/color] versus 6 months prior, the S&P 500 below its level of 6 months prior, the Treasury yield curve flatter than 2.5% (10-year minus 3-month), year-over-year GDP growth below 2%, ISM Purchasing Managers Index below 54, year-over-year growth in total nonfarm payrolls below 1%, as well as important corroborating indicators such as plunging consumer confidence. There are certainly a great number of opinions about the prospect of recession, but the evidence we observe at present has 100% sensitivity (these conditions have always been observed during or just prior to each U.S. recession) and 100% specificity (the only time we observe the full set of these conditions is during or just prior to U.S. recessions). This doesn't mean that the U.S. economy cannot possibly avoid a recession, but to expect that outcome relies on the hope that "this time is different."
While the reduced set of options for monetary policy action may seem unfortunate, it is important to observe that each time the Fed has attempted to "backstop" the financial markets by distorting the set of investment opportunities that are available, the Fed has bought a temporary reprieve only at the cost of amplifying the later fallout

Downj Goes as it suppose to goes
It will go 12300

today most of Asian markets are closed and Arabs also on holiday. so it going to be like this until franky

i dont know if in this thread muslims are there,
anyways EID MUBARAK its holiday here and all my relatives and friends are celebrating the day,
and i am stuck here in Forex, its not that i am stuck in trades, its FOREX and i love trading every single day,
but i dont expect much movement till london,
but CHF news is there to shake the market, be ware of that specially the ones with EURCHF..

Choose.Wisely