EURUSD

Sorry, with all due respect my friend but you cannot measure an unfinished low with magnetic lines.. it is totally wrong and it will mislead you.. at least wait for the next fractal on the bottom so you can take that low as a measure point for magnetic lines.. please learn your lesson before starting trading on any indicator or system.. this is my kindest advise..

Happy Trades

if you wanna be a muppet trade the thread,
if you wanna be a muppet trade the thread,
if you wanna me a muppet and you really wanna show it... you know who the follow!!!

you must know the tune by now?

DUMP pump and dump on C

This retracement may go back to 1.1330 area.. so keep your longs.. sorry for those who are still short..

Happy Trades

imf wants fed to hold off rise.

nfp tomorrow,

btw, is this hidden wage inflation of q1 in this revised report?


USDRevised Nonfarm Productivity q/q-3.1%-2.8%-1.9%


http://www.bls.gov/news.release/arch...2_06042015.htm


Productivity and Costs News Release
Transmission of material in this release is embargoed until USDL 15-1056 8:30 a.m. (EDT) Thursday, June 4, 2015 Technical information: (202) 691-5606 [email protected] www.bls.gov/lpc Media contact (202) 691-5902 [email protected] PRODUCTIVITY AND COSTS First Quarter 2015, Revised Nonfarm business sector labor productivity decreased at a 3.1 percent annual rate during the first quarter of 2015, the U.S. Bureau of Labor Statistics reported today, as output declined 1.6 percent and hours worked increased 1.6 percent. (All quarterly percent changes in this release are seasonally adjusted annual rates.) The decline in productivity follows a decline of 2.1 percent in the fourth quarter of 2014. From the first quarter of 2014 to the first quarter of 2015, productivity increased 0.3 percent, reflecting increases in output and hours worked of 3.2 percent and 2.8 percent, respectively. (See table A.) Labor productivity, or output per hour, is calculated by dividing an index of real output by an index of hours worked of all persons, including employees, proprietors, and unpaid family workers. The measures released today are based on more recent source data than were available for the preliminary report. Unit labor costs in the nonfarm business sector increased 6.7 percent in the first quarter of 2015, reflecting a 3.3 percent increase in hourly compensation and a 3.1 percent decline in productivity. Unit labor costs increased 1.8 percent over the last four quarters. (See tables A and 2.) BLS calculates unit labor costs as the ratio of hourly compensation to labor productivity; increases in hourly compensation tend to increase unit labor costs and increases in output per hour tend to reduce them. Manufacturing sector labor productivity decreased 1.0 percent in the first quarter of 2015, as output decreased 1.1 percent and hours worked edged down 0.1 percent. Productivity decreased 3.3 percent in the durable manufacturing sector and increased 1.5 percent in the nondurable goods sector. (See tables A, 3, 4, and 5.) Over the last four quarters, manufacturing productivity increased 1.5 percent, as output increased 3.8 percent and hours increased 2.3 percent. Unit labor costs in manufacturing increased 3.4 percent in the first quarter of 2015 and increased 0.2 percent from the same quarter a year ago. (See tables A and 3.)

its not outright bad, depends on what it makes you think

Up 30+ plus...stop at BE now...free trade from here. If I see signs they're going to do an A,B, C correction, I'll get out when they start C wave and re-enter when that's complete

gator did you watched her? did she mention 260?

out of short from 1.13538 to 1.12631 +90 Pips minus 27.5$ commission.

two crazy projections to bear on EUR USD

Dano.. thats crazy assumptions...

This is a forecast, im predicting this scenario, as also im predicting the other scenario that long trendline is not broken, I put the 2 scenarios here only to write down and what im going to do if that happened on each...

I thought you were te one yesterday saying that you take decisions before confirmation...

anyway, thanks for your concern on trying to encorage me to learn!! I love magnetic, as I love elliot waves, I love trading on 4htf, and so on...
...still learning, everyday, everytime!
...and now, some type of your approching, with all respect and kindest advice: you should do the same!!!!

happy trades

watch who?
correct me if wrong, isn't a fed hike based on inflation now, since employment is already at acceptable levels?

when employment inflation starts, many times a little spike in unemployment rates. the theory is people on the sidelines, start looking when outlook and wages improve.

so if that is wage inflation hidden in that report.. shit can happen quick.. if so many will have a explanation to justify it after.

is know, he writes a little crazy, but the EUR USD lately is crazy

but who knows, as data from the US will be better and worse 2 Q in the economy is behind us and Fed rhetoric has not changed at d raising interest rates in September

You take everything so personal and you are really touchy.. forget my advice please.. suit yourself.. sorry for nagging you big master..

Happy Trades

ohh, forgett that!!!!not taking personally bro, maybe its the way how you express yourself, and also my fault, sure... I can think the same...
really, forget it, I have consideration about your perspective and your good technical skills and all the help sharing and caring is very pleased and welcome!!! cheers mate, all the best*

EUR/USD could not break above the resistance at 1.1380 and the pair moved to the downside again. I think it's very likely that consolidation will continue until the US Non-farm Payrolls tomorrow.

Usually the NFP follow ECB move...but seeing this fall right before NFP its hard to tell how NFP is going to be.

Still trying some longs, quickly in/out