EurAnalysis

The more time price stays below 1.3080 more sale is coming! Breaking above I would like to see 1.33 again.

1.33??? Wow! You're optimistic today

Maybe 1.3240/50 area. That would be a perfect "PT Theorm" trade, but at this point I think even that is wishful thinking. I think we need to see what NFP gives us first. However, as always, one never knows what the deep pockets have in mind for us lemming-like retail traders.

E/U H4 Possible "PT Theorm" trade

That would be very optomistic Rekon!

At best I could potentially see a retrace to the 50% fib line at 1.3193 and I think that would be pushing it.

Ok, I guess bottom is here...

The Canadian economy produced 82,300 jobs in March vs the 11,300 expected.

Did you manage to enter your USD/CAD and EUR/CAD shorts the other day when I gave you the signal?

No I didn't Only playing one pair right now, but nice drop this morning on the news!

Great heads up!

Took short at 1.3065 with a first target of Daily S2 at 1.3034

Nice play.

http://hosted.ap.org/dynamic/stories...MPLATE=DEFAULT

WASHINGTON (AP) -- The number of people seeking U.S. unemployment benefits fell to a four-year low last week, as layoffs slow and the job market strengthens.

Weekly applications dropped 6,000 to a seasonally adjusted 357,000, the Labor Department said Thursday. That's the fewest since April 2008.
The four-week average, a less volatile measure, fell to 361,750, also the lowest in four years. The average has fallen nearly 13 percent in the past six months.

When unemployment benefit applications drop consistently below 375,000, it usually signals that hiring is strong enough to lower the unemployment rate.

On Friday, the government issues its March jobs report, which is expected to show the fourth straight month of strong hiring. From December through February, employers added an average of 245,000 jobs per month. That has pushed down the unemployment rate to 8.3 percent, the lowest in three years.

Hiring is picking up as the economy is showing signs of steady growth. Consumer spending jumped in February by the most in seven months, the government said last week.

That's boosting retailers, restaurants, hotels and other service firms. The service sector expanded at a healthy pace in March, according to a private survey released Wednesday. The Institute for Supply Management, a trade group of purchasing managers, said that its survey found that a measure of employment rose to nearly a six-year high.
A separate survey by the ISM of manufacturing companies found that they also stepped up hiring last month, and boosted production.
Companies are investing more, boosting factory output. Businesses ordered more machinery, equipment and other capital goods in February, according to a government report this week.

Yet, greater hiring hasn't led to bigger paychecks. Americans' income grew just 0.2 percent in February, matching January's weak increase. And after taking inflation into account, income after taxes fell for a second straight month. Consumers have boosted their spending by saving less, which economists worry isn't sustainable.

And some companies are still letting workers go. Yahoo said Wednesday that it is cutting 2,000 jobs, or 14 percent of its work force. It is the Internet company's sixth mass layoff in the past four years.

100 point drop on EUR/CAD in the last hour. Did you take that short?

three falling method on 4H

btw

DO NOT EVER USING ANY HEDGE ! IF YOU GUYS hedge then you wont be Improve In Trading at all (In Long term)

Btw Just back from the office,Good Morning all
http://radio-weblogs.com/0112633/images/sadakoEye.jpg

Could be a retracement. Area 1.3105/60

Merle Hazard: H.E.D.G.E.

eu M15

Low was 1.3035 before it pulled back. Out +25 and waiting to see if DM2 holds.

may hit 3010 before moving upward, lets see

oh ya. I wouldn't miss one like that. Got in on Friday at 1.3300 the figure. Just took profit an hour ago at 2955 for a cool 345 pips. Made my whole month's profit in 4 trading days with this one trade.

Well done indeed! So we won't be seeing you around for the next 20 some odd days? LOL!