EURUSD

oops am sorry thought you just mentioned about Statistic.

Check pm

It seems that sentiment is changing to bullish direction:

I agree that, looking for some pips TP 1.0965

I was referring to Market Statistics indicator. I do not know x+70.5 tops means in statistics.

me too shorting...don´t see steam to go 1.1060, but...
target 1.0850...and so on down down

s gbpcad
killed ej -15
thats that

tooked one of them of from the table

Hi Dano,

I was just wondering how you came to the conclusion that this was going to happen? because the forecast for both the French and German Flash Manufacturing PMI was both above 50 and also greater than the previous. Surely the more experienced traders (as I am still learning) would view this as a bullish signal.

I trade on the one hour chart and got burned by this move this morning.
I will attach a picture for comment of how my thinking is for taking a trade (which I leave open for comment by the forum)
1. I look at the calendar to see if there will be any news affecting the EURUSD and what time it will occur - and look at the forecast.
2. I look at Volume to determine the interest levels
3. I then look at the Wm%range to determine if it is over bought or over sold - and then I use the RSI to confirm that.
4. the MACD Is a momentum oscillator - so if the signal line is above the moving average line then I only make buy trades, and if the signal line is below the MA line I only make sell trades.. (I have noticed this indicator can become confusing in the case when the signal line is below the MA line BUT it is ABOVE the ZERO line.)

Im sure the more experienced traders know the feeling of getting burned in a trade (Especially on a Friday - Eish) and its not like im not doing the work and research. I have recently taken a liking to the Silent Service method by clockwork because it makes sense to me so I read the ENTIRE thread (all 700 some change pages) and im still getting humbled by the markets.

Your guys help will be greatly appreciated.

Regards,
Robbi.

tgif

If the lowering is discontinued at this point then the speculation could result to alot of Bear Hanging. Those bent on down down should trade cautiously. Upside 1.105ish downside 1.080ish

Word!!!!!!!!!!!

4h

Some decent options today might slow it down a bit.

Option expiries of note for today's 1000am NY cut (1500BST) EUR/USD:
1.0800 (2.0bln)
1.0850 (1.0bln)
1.0900 (1.2bln)
1.1000 (1.3bln)

Source:
Ransquawk

anybody thinking this could be a bear trap in progress??

No, except for it's Friday and anything can happen, so I don't rule anything out

preety like this:

if it rises after 0911/12/18 maybe.. but it would need closes back above 0964 for me. my stops are above now and at b.e.
on the other hand if it was a bear trap rise, we still may end today below 0821

anyone thinking people are holding longs over the weekend? london roll will give europe's opinion, so for today its below yesterdays close on london and ny atm

nice place to buy what is your TP?

could we please

UJ about to break and make a new high + GU made so much for usdx and EU making her best so dxy will up

so the last night and today also

Im shorting, 1st tp 10 pips, wait retrace and enter more loaded...will add more(hope price dont go that far) at 1.0966, there is an horizontal mid line there...

Gator told some important, is there many people going to hold longs on weekend, or they will close it regarding political uncertanly ?
there are also options expiring,if anyone can tell the sentiment regarding those expirations?...
thanks