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EURUSD

  • #638,221
  • May 2, 2012 8:27am May 2, 2012 8:27am
Is there anyone who is also wondering why the eur is not going up after such terrible figures for the usd?
  • #638,222
  • May 2, 2012 8:29am May 2, 2012 8:29am
Quoting jobates
Is there anyone who is also wondering why the eur is not going up after such terrible figures for the usd?
yup but its better not fight the market
and not trade when you are unsure
only strategy i am thinking now is to short it from 3160-80
There are no right and wrong decisions......Only timely decisions
  • #638,223
  • May 2, 2012 8:29am May 2, 2012 8:29am
Quoting jobates
Is there anyone who is also wondering why the eur is not going up after such terrible figures for the usd?
Possibly because EUR/CAD is letting off steam?
  • #638,224
  • May 2, 2012 8:30am May 2, 2012 8:30am
Mayber after it dropped hard.. The FI boys are waiting for people to load up on shorts so they can buy Eur for cheaper... ha ha ha just kidding.. What do I know.. I am still learning.
Luck has no place in trading. Leave that for the poker table.
  • #638,225
  • May 2, 2012 8:30am May 2, 2012 8:30am
So lekker om die boeretaal hier raak te loop.
Mooiloopgroete vir jou...
  • #638,226
  • May 2, 2012 8:31am May 2, 2012 8:31am
Quoting jobates
Is there anyone who is also wondering why the eur is not going up after such terrible figures for the usd?
Possible negative stockmarket in US = usually positive for dollar so that = negative for Euro. But not always
New voice message: Why are you calling me? If I need you, I'll call you!
  • #638,227
  • May 2, 2012 8:31am May 2, 2012 8:31am
Quoting Bones
Eur = bearish
Gbp = bullish

But Gbp will fall to tl I think
haahaha no disrespect to technical but 70 K miss in non farm and not even 10 pip move
its just amazing
There are no right and wrong decisions......Only timely decisions
  • #638,228
  • May 2, 2012 8:31am May 2, 2012 8:31am
Quoting freethug
Thanks, My "crime" is just sharing news about my good trade and i gave honor to Cloggie, i never solicited anything from any jealous traders who made losing trades today and can't stand the sight of a Nigerian making a winning trade.
1 naija
C.O.B.R.A FX - MENACE TO MY BROKER!!
  • #638,229
  • May 2, 2012 8:32am May 2, 2012 8:32am
thanks
  • #638,230
  • May 2, 2012 8:32am May 2, 2012 8:32am
Quoting jobates
Is there anyone who is also wondering why the eur is not going up after such terrible figures for the usd?
Yup! i am still wondering the same thing,can any senior member care to shed some light on this plz?
  • #638,231
  • May 2, 2012 8:33am May 2, 2012 8:33am
Quoting JollyJoker
haahaha no disrespect to technical but 70 K miss in non farm and not even 10 pip move
its just amazing
Traders are waiting for Friday numbers
New voice message: Why are you calling me? If I need you, I'll call you!
  • #638,232
  • May 2, 2012 8:35am May 2, 2012 8:35am
The us definitely are in a transition of opposite day but more likely opposite weeks as i swear lately with bad news it gets stronger
  • #638,233
  • May 2, 2012 8:36am May 2, 2012 8:36am
Quoting KillerWhale
Traders are waiting for Friday numbers
What friday numbers bro? plz do explain.... and how do u know tht traders are even waiting for the friday numbers in the first place ? Sory m kinda new...
  • #638,234
  • May 2, 2012 8:36am May 2, 2012 8:36am
AUSSIE KIWI JUST KEEP ON TRUCKING
If you are new to Forex? Say Goodbye to your account!!
  • #638,235
  • May 2, 2012 8:36am May 2, 2012 8:36am
I am more surprised that the news of the ADP did not cause any upward/downward movements in the markets.

I actually took a short thinking the bad data may cause a flight to safety due to the mixed data of the US.
  • #638,236
  • May 2, 2012 8:37am May 2, 2012 8:37am
really the £ is bulllish is all ,usd also bullish but approaching trouble



Quoting JollyJoker
haahaha no disrespect to technical but 70 K miss in non farm and not even 10 pip move
its just amazing
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbp lfx d1 2-5 2.gif Size: 16 KB
Click to Enlarge Name: usd lfx d1 2-5 2.gif Size: 19 KB
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  • #638,237
  • May 2, 2012 8:40am May 2, 2012 8:40am
Eur is bearish
Attached Image (click to enlarge)
Click to Enlarge Name: eur lfx d1 2-5 2.gif Size: 16 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #638,238
  • May 2, 2012 8:40am May 2, 2012 8:40am
Quoting Baz00ka
Yup! i am still wondering the same thing,can any senior member care to shed some light on this plz?
It's all relative, compare http://finance.yahoo.com/news/euro-a...092447530.html with http://www.zerohedge.com/news/adp-mi...ocking-decline

That is to say the US is at least growing, very, very slowly, while Europe is at all time worse levels. Also, ADP is often way off...Wait until government NFP to get the true move...
  • #638,239
  • May 2, 2012 8:41am May 2, 2012 8:41am
Quoting Bones
really the £ is bulllish is all ,usd also bullish but approaching trouble
i still find see some stream in pound......pound like double top, double bottom.......i am waiting for double top
There are no right and wrong decisions......Only timely decisions
  • #638,240
  • May 2, 2012 8:42am May 2, 2012 8:42am
Quoting jobates
Is there anyone who is also wondering why the eur is not going up after such terrible figures for the usd?
Maybe that's not really important. You shouldn't be predicting pa in this game you should be following it. On the 5m chart we have lower lows and lower highs. That's all we need to know. Latest lower high was not as pronounced so could be a turn on the cards now. That's not guaranteed but doesn't have to be. Just follow the price.
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