EURUSD

no big news and suddenly the price dropped out of the blue. Anybody know what just happened?

I'm in long at 39.

scratch and sniff. its still valid.

i bet on your setup... 'Scratch' hihihi

Morning DNT.

watch 3625/7 could get dropped if it goes below, I am still holding shorts myself

that's the fate of most of breakouts...
Note to who have ears: fade the breakouts on short term!

else you will become traded! lol

EURUSD Outlook and Trade setup 29th Jan, 2014- Midweek report
Daily Chart
http://3.bp.blogspot.com/-31OK9ML2QP...1-29_11-46.jpg

1. Not much action for the first two days of the week as market anticipating moves after the Fed later today

4 Hourly Chart
http://4.bp.blogspot.com/-bZWJUtF5Os...1-29_11-46.jpg

1. I have identified a potential Cypher Pattern similar to the AUDUSD setup.

Outlook Trade opportunity
Please see hourly chart


Risk Level LOW

Tips -
Always take note of any economical news event on our provided calender below

i still believe in 372x...

-5 - close enough - gl anyone trading that crapshoot FOMC later

to easy

We all know what will happen tonight...proliferation of the crying syndrome and the superman syndrome.
But what always happens when Fed or ECB is in the picture is a massive hunting. So I'm waiting for this two screenplay:

1. drop to 1.35500 (forming a nice head & shoulder just to make sure both up and down remain valid), than
A) up to the sky (h&s will remain valid) and making new highs.
B) drop like a stone (h&s will be destroyed) and making new lows.

2. up to the 1.37500-1.38000 region, and than
A) false brakeout will fall back and butcher the beef cattles.
B) backtesting (for example the 1.37 region) and than aiming to new highs.

A straight move would be too generous...

So my plan:
Buy at 1.35500, because the risk-reward is sumptuous...
Sell at 1.37700-1.38000, because same reason.
Or just don't do anything and wait till tomorrow (it's the hardest, but the smartest).

Beautiful rise....took some profits there

your chart must be upside down eh!

ehh, out

UEUR down GBP nothing....
WTF

Noyer (ECB) said that any rise in the EUR would be negative.

Haha i wanted to say fall...

1,359x ? And then 1,355x ?

2014.01.29 15:12:34 euro falls to session low vs dollar of $1.3614 after ecb noyer's comments on euro exchange rate

it is clear that any rise in euro would be negative -french ecb council member noyer