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  • #587,821
  • Edited 9:57pm Jan 24, 2012 9:36pm | Edited 9:57pm
Quoting VanDemon
aint that the truth.

it's boring as fuck tho. might go watch some cricket.
In retrospect, this might turn out to be a critical point. Or not.

Occasionally, price areas like these (slow as they may be), are exactly where we wish we had been watching more closely, and taking action.

But you never know...
Student of the Markets
  • #587,822
  • Jan 24, 2012 9:40pm Jan 24, 2012 9:40pm
Oh my god, how tricky this market is !!??

she is nowhere near bear, bullish already formed....it could comfortably target 1.3200 today....let me see
  • #587,823
  • Jan 24, 2012 9:59pm Jan 24, 2012 9:59pm
which direction to go....long or short.....no clear trend
you are the creator of your own destiny-Shivyog
  • #587,824
  • Jan 24, 2012 9:59pm Jan 24, 2012 9:59pm
Quoting VanDemon
aint that the truth.

it's boring as fuck tho. might go watch some cricket.
hell yea
  • #587,825
  • Jan 24, 2012 10:05pm Jan 24, 2012 10:05pm
30M bands are squeezed like a rats ass. this thing is boring but about to snap.
  • #587,826
  • Jan 24, 2012 10:10pm Jan 24, 2012 10:10pm
Internationally markets will focus on the FOMC announcement at the end of its two-day meeting today. Although we expect no change in policy, there will be much for markets to digest. The Federal Reserve will publish for the first time underlying forecasts of the Fed Funds rates from FOMC members. Markets expect these to show the first tightening centre around H2 2013. Chairman Bernanke’s press conference will follow.

source-lloyd bank
Trade responsiblypatience is the key/Swing trader
  • #587,827
  • Jan 24, 2012 10:16pm Jan 24, 2012 10:16pm
Quoting Incrediblle
Internationally markets will focus on the FOMC announcement at the end of its two-day meeting today. Although we expect no change in policy, there will be much for markets to digest. The Federal Reserve will publish for the first time underlying forecasts of the Fed Funds rates from FOMC members. Markets expect these to show the first tightening centre around H2 2013. Chairman Bernanke’s press conference will follow.

source-lloyd bank

nice post, like it.
  • #587,828
  • Jan 24, 2012 10:16pm Jan 24, 2012 10:16pm
Quoting sdcasper
30M bands are squeezed like a rats ass. this thing is boring but about to snap.
It looks that way to me also. We just had a technical reversal of the move up from the morning low. Whether we see continued downward movement to confirm is another story.

And, this being EURUSD, we may just see a series of low-timeframe reversals before the direction is sorted out.

But as of right now, I see us right on the fence, teetering toward the short side.
Student of the Markets
  • #587,829
  • Jan 24, 2012 10:23pm Jan 24, 2012 10:23pm
id like to see a break of the trendline to 1.3080
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 0124.jpg Size: 122 KB
  • #587,830
  • Jan 24, 2012 10:24pm Jan 24, 2012 10:24pm
Quoting Trade2Day
I'm going short... but first it has to go long to reach my pending limit order. See here: http://www.trade2day.com/
ur website is good but my friend,it is not allowed to advertise your personal website here.
Trade responsiblypatience is the key/Swing trader
  • #587,831
  • Jan 24, 2012 10:29pm Jan 24, 2012 10:29pm
Quoting Incrediblle
ur website is good but my friend,it is not allowed to advertise your personal website here.

bhai Eu kya lagta hai is nay gand mar ker rakhii hai .. kuch bataoo is ka kahan ja ker rukayga yeh
Anas Farooq
  • #587,832
  • Jan 24, 2012 10:33pm Jan 24, 2012 10:33pm
today fundies that must be closely watching...

FED DECISION
EXPECT RATE TO HOLD...BUT QE3 SPECULATION SHOULD RESURFACE...

UK
MPC MEETING EXPECT ADJUSTMENT ON QE PROGRAM
PREM GDP,......must closly wathing this

EURO
GERMAN IFO........
Bismillah
  • #587,833
  • Jan 24, 2012 10:49pm Jan 24, 2012 10:49pm
not going to happen in a reasonable amount of time. getting tired. only so many re-runs of storage wars i can watch.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 0124.jpg Size: 126 KB
  • #587,834
  • Jan 24, 2012 11:08pm Jan 24, 2012 11:08pm
both dax ,s&p and eu giving bull signal but eu @ resistant
Mohan
  • #587,835
  • Jan 24, 2012 11:18pm Jan 24, 2012 11:18pm
Quoting mohan76
both dax ,s&p and eu giving bull signal but eu @ resistant
looks like we can get the clue from here
Attached Image (click to enlarge)
Click to Enlarge Name: euro26.JPG Size: 80 KB
Bismillah
  • #587,836
  • Jan 24, 2012 11:22pm Jan 24, 2012 11:22pm
Quoting krunfx
looks like we can get the clue from here
only think i worry about is any bomb shell from Economical forum
Mohan
  • #587,837
  • Jan 24, 2012 11:24pm Jan 24, 2012 11:24pm
Quoting mohan76
only think i worry about is any bomb shell from Economical forum
yes...agree....

i like to wait n closely watch the markozy comment !!!!hehehe

Bismillah
  • #587,838
  • Jan 24, 2012 11:36pm Jan 24, 2012 11:36pm
It has spent two days now consolidating around the 1.3 zone.

If it goes below 1.2950 (recent low 1.2952) without making a new high I will assume that a correction of the 1.2623 - 1.3062 move is in play.

If it makes a close above 1.3062 then I wll assume that we have potential further upside.
  • #587,839
  • Jan 24, 2012 11:42pm Jan 24, 2012 11:42pm
Quoting MaxDoom
It has spent two days now consolidating around the 1.3 zone.

If it goes below 1.2950 (recent low 1.2952) without making a new high I will assume that a correction of the 1.2623 - 1.3062 move is in play.

If it makes a close above 1.3062 then I wll assume that we have potential further upside.
Good thinking! - I have just shorted, what I'm hoping is the Right hand side of an H&S formation: In at 1.3040 - TP 1.2960 - SL 1.3090. Lets see what happens as it's all in your undecided zone.
May the forex be with you |
  • #587,840
  • Jan 24, 2012 11:43pm Jan 24, 2012 11:43pm
Lets start the roller coaster? stop thinking north or south.
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