Euro/Dollar

Afternoon

My UJ hit nice profit and sell stop from 78,29 has been triggered looking for small target at 78,05 or further strength in Yen.
Running tiny position on euro as well from 2278 with 2210/00 in my mind. Hope everybody's fine and ready for the weekend.

Looking forward to that post, about crash prediction I personally know one, it is simple equasion where you divide Dow Jones value by Gold value, 87 crash happened when ratio was I think at 3 or something, since about year we are hoovering around 7/8 ounces so if dow will be nosediving and gold will rally at the same time we can see that something's up.

Profit booked at S1... Thanks Wall Street

Nice bro -

We are geting closer to 2225 nice level do go long if shows any weakness it is also a daily upper TL

I'm done for the week...

We will need to take out the 1392.10 level of S&P to head materially lower.... two hours to European equity close and my cut off time for new trades... I made enough this week. It'll still be here next... I long ago stopped worrying about "missed moves"... I get my share. Good Trading all, Have a good Weekend.

wise, have a good one mate

Long @ 1.2293 stop @ 1.2270 TP : Open

Gimme something crazy euro for friday

That pair is still below H4 moving average and avoided the 5 min moving average for upside too..

so be carefull.. once moving average is offically crossed, buy scalping can work..

otherwise good luck

I am selling from 2309 now - a very good day for me opposite to last friday,
I found that it is better for me to not be online when I am trading, I am much more focused on what's going on.
If we would challenge todays low would be nice but I'll take whatever market will give,
Still see 2225 as a good line to go either way but bullish move is in favour.
SP looking topish could spark further sell off until 1360 level ish which would surely put us in confrontation with 1200 again.
I'll drop current COT report tommorow and share my thoughts.
Have a good weekend I am off.

No worries buddy - I always have a proper MM for entries and stop,btw am not use any MA's - Just a pure candlestick on S/R

Close @ 1.2296

wanna sleep now after bank profits on long and short especialy earlier on london


Nitez and Luck for all

Its a centrally planned world....

http://www.zerohedge.com/news/its-ce...ishing-returns

I hope every one had a good week ... Mine was awesome ... I still have my Buy orders there with EUR USD though ... Here are charts of couple of other trades from last week ... Lets see what the next week is planning to bring ... Hope everyone have a good one ...

( It wasn't my fault Tomspin , Don't want to create a bad impression at all so just clearing out ... )

Long @ 1.2293 Stop @ 1.2283 ( Risk small below 0.5%) TP : Open

I will have to put bias aside for today and take qualified entries in either direction on a day with NOTHING in the form of data to look forward to as a driver of price action. Accurately assessing Risk/Rewrad will be key to having a successful day today.

S&P sold off initially at the open on Friday, but managed to come back and finish the day slightly higher, on very thin volume. In fact on a weekly basis, the S&P 500 has not had volume this low since 1997 - 98. Since we are looking at weekly data, the August effect in mitigated.

When we look at a move that is threatening to break to a new yearly high, but we see such little volume behind it, the move is suspect. Few are participating in this move, and that would lead me to think that there is little conviction behind these price levels.

Friday marked the first time in 5 months that the S&P managed to put in 5 straight higher days.... we have to go back to February, during a strong, sustained uptrend to find a place where S&P managed to put together 6 straight higher days.

However, we got such a strong bounce off support during the initial opening sell off, and we did manage to close higher. The Channel top confluence with the yearly high is a strong magnet that is attracting price, despite the fundamentals, aside from money printing dreams.

EURUSD started off Friday as a down day only to bounce very strongly off the 61.8% Fib as Wall Street bounced at the same time... But the EURUSD bounce was stronger. This perceived strength may have been due to thin conditions and been caused by a few big players covering their shorts at an obvious place... they dumped them at the 61.8% retrace, fearing they may get stuck holding them, and so they were all jettisoned into thin conditions at an obvious technical level where a bounce could be anticipated.

This leaves me with little day trading bias today.... I will have to go with the flow, be extra cautious about Risk/Reward scenarios as there are few directional clues, and no data to speak of.

Will have to keep an eye on these today as they are now inching up day after day toward psychological levels...

good shout there

I have an averaged long position on EU @ 1.2281 and also trading the Dax gap

Just wake up Stop @ 1.2283
The DP breaking down when london open,interesting

hi all
nice to be back !!