Trading EURUSD only

a Q
when you goin somewhere by car or walking what ever
do you determine your target according to road conditions or according to where you want to go

ok
A is

"according to where you want to go"

good

then trader will exit with a determined TP
for exit there will be no formation waited in profit conditions.

predetrmined TP will used

will bring all informtaion togather soon

if it cant/doesnot

then its reversing

Thanks for the information Steve, take care, I will go back to my micro scalping chasing a pip her and a pip there untill I see a promising setup in my charts.

GM All,
5m EW
Any / all comments welcome
Cheers,
U2

Do you think it test 1.2960 again before nfp?

I'm looking for a pullback to 1.2850 - 1.2800 before heading up near 1.3 sometime early to mid next week

Hi Strade,
A couple of charts depicting my scalp setup.
Also sent you a PM.
Would like to compare setups.
1m Chart [MA cross overs],
and 100T Chart for Flats, HL, LH etc.
Cheers,
U2

short 2922 , SL 2930 , TP 2912

TP missed, closed -5 pips.

now long the breakthrough upwards. If that fails - weekend

Very interesting. Thanks!

A little bit of everything discussed here

EUR/USD – Roller Coaster Ride After Draghi Remarks
http://forexblog.oanda.com/20130405/...raghi-remarks/

Short video and commentary from JK on FX

http://www.jkonfx.com/

As has been in case in the past six months, meaning a stronger payrolls equals stronger USD, and vice versa. Since October the bank notes that payrolls have been in a 150K-236K range, so anything outside these parameters should provoke a much greater reaction. RBCCM is looking for +200K. EUR/USD now at 1.2931, USD/JPY at 96.10.

Another morning headline

Forex: EUR/USD still down ahead of US nonfarm payrolls



FXstreet.com (Barcelona) - The EUR/USD remains more biased to the downside in correction to yesterday’s rally to 1.2949 high. This European morning’s upside was capped at 1.2939 and profit taking has brought it down to 1.2920 (-0.12% on the day). The economic calendar has released interesting indicators but the main focus of the day is due at 12:30 GMT, US nonfarm payrolls.

“The positive momentum in US labor market activity should be sustained in March, with the economy adding a further +195K jobs”, wrote TD Securities analysts. “While this will be a slowdown from the robust 236K pace in February, it is in line with the 6m trend”, they continued, adding that growth should be broadly-based, reflecting the improved tone in economic growth performance in Q1. “Notwithstanding this constructive view, and believe the recent initial claims/ADP report suggest downside in the coming months, risks are tilted to the downside reflecting the uncertainty on the impact from sequestration”, they concluded.

The first reading for GDP Q1 2013 came in at -0.6%. EMU retail sales contracted by -0.3% in February, more than the -0.2% expected and after a +1.2% rise in the previous month. The annualized figure rebounded from -1.9% (revised from -1.3%) to -1.4%, while market consensus was pointing to -1.8%. German Factory orders came in at +2.3% (MoM) and 0.0% (YoY) from -1.6% and -2.1%, respectively, surprising investors that were expecting +1.2% and -1.5%. The ECB announced LTRO repayments of €8.064bn from 20 banks, with the amount split roughly evenly between the first and second LTROs.

“Sharp reversal at 1.2743 signals, that the bias here has switched to bullish and probably the whole downtrend from 1.3710 is already over”, wrote Deltastock.com analyst Stoyan MIhaylov, with bullish outlook above 1.2890 support, for a break through 1.2950, en route to 1.3050 mark.

Looking to exit my short @30 up +13 so far when RSI3 goes above 50

Better to take the money and run and renter after NFP

out for 30 short +8 will renter after NFP still have long @40 and existing short @ 1.2846

Current levels