GBP/USD and EUR/USD

Overview of Liquidity Conditions in Euro Area

FRIDAY, NOVEMBER 23, 2012
Marc Chandler

http://3.bp.blogspot.com/-yf3gC5p6Zh...t%2Bcrisis.png

The euro has surpassed the 50% retracement of the slide since Oct 17 when it peaked near $1.3140.
The 61.8% retracement comes in near $1.2960 and is seen as the next immediate objective.

The driving force is not the fundamental strength of the euro area economy.
The PMI trumps the IFO and points to a Q4 contraction, including for Germany.
Nor it is it a reflection of the successful conclusion of the recent meetings on Greek aid and the EU 7-year budget.
Of course, a deal is likely, but the rancor and mental and accounting gymnastics that are required do not speak well of the process.



Source : Marc Candler

EUR in H4 Chart - Dual Fibo

Multi Levels for EURO in H1 time frime

Friday, November 23, 2012 - After MARKET's Closed

GREEN Levels Colour (with Prices) is SMALL Levels move.
PURPLE Levels Colour (with Prices) is MEDIUM Levels move.
BLUE Levels Colour (with Prices) is BIG Levels move.

Broken Lines Colour (without Prices) is IMPORTANT Levels.

Multi Levels for POUNDS in H1 time frime

Friday, November 23, 2012 - After MARKET's Closed

GREEN Levels Colour (with Prices) is SMALL Levels move.
PURPLE Levels Colour (with Prices) is MEDIUM Levels move.
BLUE Levels Colour (with Prices) is BIG Levels move.

Broken Lines Colour (without Prices) is IMPORTANT Levels.

am surprised to see cable up here..what the hell happen was it news?

did i miss something?

Multi Pairs FX in Bar Trend + Power Graph

Friday - November 23, 2012 - After MARKET's Closed

Dynamic Trend : Looking for Any Pairs Trends, from H4 to M1 time frime
Daily Dynamic : Looking for Any Pairs Trends, from D1 to D4 time frime

• Multi Levels for EURGBP in H1 time frime

Friday, November 23, 2012 -- @ Market's Closed

GREEN Levels Colour (with Prices) is SMALL Levels move.
PURPLE Levels Colour (with Prices) is MEDIUM Levels move.
BLUE Levels Colour (with Prices) is BIG Levels move.

Broken Lines Colour (without Prices) is IMPORTANT Levels

Hi nAV Bro,

Off Course...
b'cause you're NOT Read & Follow about NEWS & DATA arround 2 Weeks in these Thread's.
That's made Changes the Market's TREND. I posted, Started Early November 2012. Bro

POUNDS in H4 Chart...

nice thread

POUNDS in Daily Chart...

EURO in Daily Chart...

Wall Street ends higher in short session, led by techs

By Leah Schnurr
NEW YORK | Fri Nov 23, 2012 4:13pm EST



(Reuters) - Stocks rose for a fifth day during a holiday-shortened, thinly traded session on Friday as investors picked up recently beaten-down shares of large technology companies.

Market participants were also encouraged by signs of progress in talks about releasing aid to debt-saddled Greece and piled into U.S. retail shares as Black Friday got the holiday shopping season under way.

U.S. stock market trading ended early and was closed on Thursday for the Thanksgiving holiday.



Source : Reuters

EURO in H4 Chart...

https://encrypted-tbn2.gstatic.com/i...0xqyNNe-hMwFGg




What is your opinion the Market's respon, regarding the results of Decisions from ECB about 'an agreement on the European Union's 7-years budgetiscal' statement's ?

Does will release the end of the Year 2012 ? OR Possible Next Year 2013 ???



Will be Positive or Negative ?

http://www.usafband.af.mil/shared/AF.../questions.gif

GM Tsar ...

i'm newbie
knew this things since 4 months ago
for now i'm only trading EU

i have monthly chart to share

do you see a downward move for next week?
hope you don't mind to comment ...

TQ

Hi Stefanus,

Your Monthly Chart not given Details about PA...

I need to know what's your 'Trading Style' based. And have got PLAN in Trade : Scalper, Short term or Long term
If I may suggest, chose Scalp and Intraday Trade it's more Better to Learn. Because the Risks not too Large. These Seriously...

For you know, I'm Scalper and Short term Intraday Trader. Not touch again Long term after got Big Loose when I'm Newbie (moreover used Little MM Now)

EUR got extreme BULLISH Trend in Daily Chart. Bounce go to Price 1.3209 (Conform with Piercing Line Pattern Signal) in Monthly Chart too.
But... most likely the Trend can be Changed, after the result of the ECB's meeting out. The decision will greatly affect the response of the Market's.
Or wait a new Monthly Candle birth after 195 hours.

As I said in previous Posted : Trade at the end of the year, Fundamental played an important role in common with TA (Technical Analysis)
And Market's will change TREND if got GOOD / BAD News :nerd:

Here there are Monthly Charts, PA still run in TRIANGLE Pattern btw found too much BIAS

i'm doing short term trade
agree that short term trade give limited risk ... as i still in learning process
i trade in small account

now i have 2 open short trade @ 2950 and 2972, SL 50
from daily chart i have 3024 as a resistance, so i'm going to wait until that happen
there's always 2 possibilities, UP & DOWN (hoping that 3024 not to be broken)

but ...
if looking to M30, the MA's looks like it won't go down
i use MA 35/50/200

same view with you that EU looks like going to continue further UP

that's my opinion (newbie stage )
your comment will improve my knowledge

TQ

Euro Dollar

Let see weekly, 8h and 1h charts

At the 1h chart the is 2 ways all depends if the bottom is X or B.

If the bottom is B is more easier just follow 12345.

If the bottom is X is a S%$&/(... Because the uptrend is corrective impulse and we need 7 waves (ABWXABY) to complete the uptrend all depend of the momentum.

GBP USD

Pound dollar just began the last up move before collapse with tp aprox. 1.648. If the abc pattern repeats proportionally this is the path.