EurAnalysis

any news ?

seems we r going down the price moving down agrssivly...

have a good day guys, e/u finally moved i got 20 pips.My daughter (9) made almost £40 on 3 trades lol. take care all.

hi buddy you ok,i'm just off

Possible pull back then when 2300...breaks..hello 2250 and the neighbors...

Am watching for a sentiment change to take hold in currencies.
AUD/USD EURO/AUD USD/CAD Gold Oil are exhibiting price action that my read says weakening growth to come is starting to be recognized.

Jackson Hole will influence risk sentiment and am expecting an anticipatory USD weakness from the money printer followers crowd. Will fade that low as am expecting carry trade unwind to confirm a weak economic future. Will wait for PA to show that the carry is indeed being unwound and that they are using the bounce to bring money home.

The Aussie on the very good jobs report was sold by big money carry and that was the tipoff of the change to come.

The GBP/USD which has been in chop has strong resistance from the 200 sma daily. Overbought daily occilator is rolling over and the 4 and 8 hour over sold bounce is getting sold.

USDX is holding and building technical support at the 82.00 level There is a strong attempt to weaken the USD to create risk on environment and bull equities. A guessing person would say the Chinese presence is behind it, which suggests China is in bigger trouble then anyone cares to think. China certainly is a constant source of intervention as they have no qualms of maintaing currency pegs so by extension they are in the market all the time.

currently short GBP/USD long USD/CAD

Greece seeks extension of austerity programme as it struggles with cuts: http://on.ft.com/NBWlU8 via @ftworldnews

This came out a few hours ago but FT prints it and then ppl go crazy. This could be a hunt for a possibly bad CPI and dollar could slide sending EUR back up.

i didnt realise you spoke. My daughter made me re think how i trade during the day, i was originally explaining elliot waves to her and she then explained back an even better way lol. i am still not 100% sure how she does it but she has a very high strike rate and she compounds a bit just like daddy lol. i can check her todays entries out if room wants.

daughters now gone out shopping with mum and she asked me for the £38 she made she wants it in sterling not euros or dollars lol

sell stops below 1.229, break it and it will pay 1.224 a visit

Bigger than normal buy orders coming through on ICE dollar this is strange given the time. We broke R: 82.60 and within seconds traded to 82.74

Follow the yellow brick road. Gold and Equities lead the way. and my analysis of course!

weeeee
GO GO! PT

her trades No1 buy,2 + 3 sell, they actually just look simple resistance/support trades like the way i trade at times and No4 is my cross over trade, simples. Take care guys i am definately away now

tp 1.228 hit, 100 green pips

Great job young one! I guess you did okay too Billy! LOL.

Good job buddy.

Gold, crude and S&P basically unchanged in the last hour. What's driving this price drop? Can't find anything...

Option expiries (updated)

For the 1000NY/1400GMT cut

EUR/USD: 1.2200, 1.2210, 1.2225, 1.2300, 1.2350.
USD/JPY: 78.00, 78.10, 78.25, 78.70
EUR/JPY: 97.00
GBP/USD: 1.5675, 1.5690, 1.5700
AUD/USD: 1.0450, 1.0500
EUR/GBP: 0.8000
AUD/YEN : 82.20
USD/CAD: 0.9960

thanks

gm all

gold dropped 3.5hrs ago and eu is following
use the overlay indicator and you'll see clearly