Euro GDP coming out | Forex Factory

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Euro GDP coming out

  • #1
  • First Post: Aug 14, 2006 12:25am Aug 14, 2006 12:25am
Euro GDP is expected to rise due mainly to healthy exports.

Euro Bull? Perhaps it has already started hours earlier... it has gained 50pips since opening.
  • #2
  • Aug 14, 2006 12:33am Aug 14, 2006 12:33am
Seems like the market will favour the EUR today as there's no USD data releases today. GDP however is not a big mover, if you go according to the FF analysis, but then again . . .


It's a strange, strange world we live, master Jack.
a journey of a thousand trades begins with a single pip
  • #3
  • Aug 14, 2006 12:39am Aug 14, 2006 12:39am
Quoting BurgerKing
Euro GDP is expected to rise due mainly to healthy exports.

Euro Bull? Perhaps it has already started hours earlier... it has gained 50pips since opening.
I dont feel bull have much room/stamina to push up technically.In my view they will not be able to push beyond 1.2800. Lets see.
Good trading.
  • #4
  • Aug 14, 2006 12:45am Aug 14, 2006 12:45am
Euro Monthly chart for a look.
Attached Image
  • #5
  • Aug 14, 2006 12:58am Aug 14, 2006 12:58am
I think I'll stand aside..
  • #6
  • Aug 14, 2006 1:01am Aug 14, 2006 1:01am
it was a flat liner.

opps... I was looking at Germany GDP...
perhaps later wen EUR GDP comes out..
  • #7
  • Aug 14, 2006 1:14am Aug 14, 2006 1:14am
Quoting BurgerKing
it was a flat liner.

opps... I was looking at Germany GDP...
perhaps later wen EUR GDP comes out..
No moves at all...disappointing!

Hopefully 3 hours later....
  • #8
  • Aug 14, 2006 2:34am Aug 14, 2006 2:34am
USD just recovered 30 pips over euro.


any news why?
  • #9
  • Aug 14, 2006 2:40am Aug 14, 2006 2:40am
vs EURO and vs GBP too...

What happened the last 20 minutes?
  • #10
  • Aug 14, 2006 2:44am Aug 14, 2006 2:44am
wtf i dunno lol.
i was long on eur/jpy
and long on eur/usd

my eur/usd was stopped out.
i had stops below the 40 support.
still positive money on eur/jpy tho.
i hope it can at least cancel my stop loss
  • #11
  • Aug 14, 2006 2:58am Aug 14, 2006 2:58am
there seems to be recovering EUR/USD, and all majors
  • #12
  • Aug 14, 2006 3:03am Aug 14, 2006 3:03am
The only US related news I have located is:

A mexican man arrested for an attempt to smuggle 40 kilograms of cheese!
  • #13
  • Aug 14, 2006 3:11am Aug 14, 2006 3:11am
The following supports were tested and retreated back.
EURUSD support 1.2715
GBPUSD support 1.8990

Are these supports strong enough for us to bank a buy at these points?
  • #14
  • Aug 14, 2006 3:12am Aug 14, 2006 3:12am
Quoting spartan
The only US related news I have located is:

A mexican man arrested for an attempt to smuggle 40 kilograms of cheese!
LOL
  • #15
  • Aug 14, 2006 5:43am Aug 14, 2006 5:43am
The resistances are strong too... So one has to be careful and wait for a break out of either side.



Quoting BurgerKing
The following supports were tested and retreated back.
EURUSD support 1.2715
GBPUSD support 1.8990

Are these supports strong enough for us to bank a buy at these points?
  • #16
  • Aug 14, 2006 5:43am Aug 14, 2006 5:43am
Quoting spartan
The only US related news I have located is:

A mexican man arrested for an attempt to smuggle 40 kilograms of cheese!
  • #17
  • Aug 14, 2006 12:10pm Aug 14, 2006 12:10pm
yea i got stopped out on long eur/usd on that move down, the stupid thing was that the pair hit my limit (in fact 1 pip above), yet FXCM didnt close the position. wierd...

oh well, its a demo, and in my mind, i know that it was a winning trade
  • #18
  • Aug 14, 2006 12:39pm Aug 14, 2006 12:39pm
No US news? Sideways shit, thats why I dont trade days like this.
  • #19
  • Aug 14, 2006 1:44pm Aug 14, 2006 1:44pm
Tommarow is the CPI numbers, this is going to be huge movers, about 30-50 pips i think, not sure have to do research. Ill be up on my demos trading this!
  • #20
  • Aug 14, 2006 1:53pm Aug 14, 2006 1:53pm
Quoting hunter101
Tommarow is the CPI numbers, this is going to be huge movers, about 30-50 pips i think, not sure have to do research. Ill be up on my demos trading this!
CPI comes out Wednesday; PPI comes out tomorrow, Tuesday in the US.
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