EURUSD

fatpanda is back.....lol

edit: welcome back

tp1.. 2603
tp2.. 2553
tp3.. 2504

Then I'll be looking for longs.. Not sure if it will reach tp3

well heres what google chrome said was written in chinese... you guys can do the formatting into paragraphs if you really care lol


Greek general election or will drive the market to fluctuate significantly, the euro uncertainty at 12:52 on June 15 2012
Following the May 6, after the Greek general election failed, this weekend, Greece will have to re-election. Different from the first election, the June 17 election is even more significant, the market expected the final result will give the market a great deal of turmoil. In view of the weekend election time the market closed, we expect the markets opened Monday morning at 5 o'clock, we saw not only the gap, but easy to unusual sharply upward. But we do not think it is very suitable for trading, we propose to reduce the position to respond to the impact of market uncertainty risk. To help investors make trading decisions, we will be Greece that may arise election results, a brief summary and overview of candidates of each party. Greece re-election results may ultimately decide the fate of Greece in the euro area this weekend to compete for the parties of the ruling party, the main two, the New Democratic Party of support assistance and very left-wing parties opposed to rescue Syriza. In a sense, this election a large extent will determine the ultimate fate of Greece in the euro zone, especially when we consider the speech of other European countries, officials recently feel the case. This means: the victory of New Democratic Party of Greece will be more pro-European, and If Syriza final victory, Greece will be more alienated in the euro zone. We believe that the most likely outcome there are four kinds, but these results bearish euro may be very large: Scenario 1: New Democratic Party won the election and to obtain a parliamentary majority (> 151), the euro bullish, the possibility of 10% Case 2: New Democratic Party won the election did not get the parliamentary majority, Euro bearish, the possibility of 45% (slightly negative) Scenario 3: Syriza victory is not the parliamentary majority, the euro bearish, the possibility of 40% (medium negative) Case 4: Syriza victory and obtain a parliamentary majority, Euro bearish, the possibility of 5% (severe bad) on all of the above circumstances, we find that great results may not be the first case, on the contrary the probability of the second and third situations. About the possibility of data from some recent poll data as well as Greek citizens and journalists comment Statistics. Recent public opinion statistics popular periodicals - Greece evaluation of one of the leading - recently launched a telephone survey, the survey from May 25 to May 30, the survey population-wide coverage of 1210 adults surveyed throughout the Greek world. The survey results show that Syri za support rate of 31.5 percent ranked first in the New Democratic Party support was 25.5%, PASOK 13.5% support rate, Golden Dawn, the party support rate of 7.5%. Compared with the previous week, the support of the Syr iza rate increased by 1.5%, New Democratic Party support has fallen by 0.5%, PASOK support has fallen to 2%. The adjustment of error is + / -2.8%. A survey conducted by Kapa Research for the local press in Athens Nea Times while the 1012 individual samples, survey date for May 29 to May 31. The results show that the New Democratic Party support was 26.1%, to the Syriza support was 23.6%, PASOK support for the 9.9%. Compared with last May 23-24 survey, the New Democratic Party's support rate rose by 0.3 percent, an increase of 3.5 percent in Syriza PASOK decreased by 3.1%. Error adjustment of + / -3.1%. A media survey shows that the New Democratic Party's support rate of 26.5%, the the Syriza support was 24.2%, PASOK's support rate was 9.9%. If you want to know more about the candidates of each party, and below we will be the New Democratic Party and Syriza party interpretation. The new Democratic administration advocates will reduce taxes and increase employment as part of the renegotiation, before the agreement with the creditors will all be re-negotiations to reset some of the tax, such as property tax introduced by the autumn of last year, will be more equitable levy revoked to reduce pension and a reduction in the terms of the wages of police and the Air Force, to the relief of promoting employment in the debt crisis were hardest hit, low-income families and small businesses to help the liabilities of households to repay bank debts to accelerate structural reform and privatization process, the reconstruction of the public sector to large-scale layoffs as the premise of Greece creditors in 2013 public expenditure reduction to achieve the task of 11.7 billion euros, party leader Samaras believes that the gradual completion of the claimed right to the exploitation of natural resources of maritime exclusive economic zone should be after four years to crack to combat illegal immigration the Syriza ruling advocate the establishment of the firewall to help Greek society to cope with the crisis unconditional guarantee of the lowest income (unemployment benefits), health care, social security and housing, and guarantee all citizens are entitled to public utility services to the implementation of protection and relief to price controls on the liabilities of the family and curb price increases, reducing the value added tax (VAT) and cancel the VAT of the basic necessities of life through the following means to resolve the debt burden: the suspension of debt service payments on the debt cancellation negotiations to adjust the remaining debt in order to get good protection from the economic development and employment fundamentally change the role of the ECB's ban speculative financial products for wealth, financial transactions and profits to form a pan-European tax system, income redistribution, the state-owned banks to increase the rich taxable abatement unnecessary expenses to the formation of efficient social reconstruction of environmental systems stability of employment and decent wages, social security system, deepen the democratization of the degree of democracy: political, as well as all social rights, to rebuild a strong welfare state emergency relief state pension system to the introduction of the minimum income security system of free medical care expenditures from the public health system in the future agreed policies to protect public education, scientific research, culture and sports an independent foreign policy, his country is committed to the promotion of peace to seek peaceful foreign shut down in Greece out of NATO military bases aid the people of Cyprus to complete a unified , Christopher Vecchio, write Mengjiang Tao translated

and the MaxDoom translation albiet a little more simplified....

watch your charts you might miss something

panda seems long here

is anyone trading GBY/JPY this morning its dropping like a stone!

BOJ Conf

If i'm not wrong, PANDA is going to say EURO DROP = means???

i prefer the MaxDoom translation

long.. hope it works.

below 2614 now and we should go to 2581. 2613 is a s/r for 2962

We are at almost same zone, looks we are trading with the same LOGIC.

I will take this trade 1 minute before US closing

Does anyone feel there is much probability of a new weekly high today with everything going on? Going to be enough hopium to push E/U over the top? Fundamentally I don't understand why E/U has been on such a surge the past couple of days. I'm still struggling with the technicals and my entrys/exits, I've learned the past week all the money I made the first two weeks of my live account was luck... I have used up all of my luck and clearly don't know as much as I thought I did. I appreciate all the analysis on these boards... I look forward to the day I am able to read the charts as well as many of you do.

EURUSD should "learn" sthing from GBPUSD

u see d swoop in gbp/usd

u cldnt hv said better

Yes this is where i was thinking. Crazy as it seems it is the top of the upward channel we have been following.

Well, I found myself foolish after I saw 'Christopher Vecchio', when I have translated for one third, according to google, it is an article by him, posted on dailyfx.

http://www.dailyfx.com/forex/fundame...k_Unclear.html