EURUSD

1.2600 before 1.3000, I can't agree with that one. Not saying for sure that we'll hit 1.3000 but were heading in that direction.

Eur/usd failed to make new tick high with gbp..........oi........what does that mean!

It means don't put too much thought into the correlations as it might sway your views and get you all confused then you'll be singing the blues. From what I see your short is still safe.

Long @ 1.2780 (05:39 EST) looking for one last move up to 1.2930.

any thoughts on breaking 2900 next wk?

No, that's it, the bull market is over. 1.2911 Aug 10 Midnight PST is the top, it's bear market now.

well that was short lived

Anybody else see divergence?

http://i47.photobucket.com/albums/f1...l/eurusd-1.gif

hidethereal, what is that means ?!

Yeah.
that is why I am short on Euro long term.

http://www.investopedia.com/terms/d/divergence.asp

This will explain it. Excellent site for other information as well.

Bearish engulfing on the weekly chart. I've marked it with an arrow. There is also divergence on the daily. We'll see what happens next week.



http://i47.photobucket.com/albums/f1...ereal/beng.gif

EURUSD seems to have broken the channel. Maybe a retest next week, or not. Will have to see. Patience!

Steven

there u go..! personally I favorte short!! tonight!

Any takers on it breaking 2900 today or tomorrow!

It may be on its way further up since the bad eu data didnt make much of a difference today. Good USD data may change that though.

please see this chart (attached) of the EUR/USD from just moments ago. the price fell 70 pips in 1 minute and it's 2PM EST. Not only that, but my broker did not experience this.

i hate it when mt4 does this because it screws up my MAs. also, MT4 was down for several hours yesterday. anyone else experience this?? it really pisses me off! arrrrrrrrrrrrrr

USDCAD also has a major screw up showing a low in the neighborhood of 0.7000 back in Jan 06. i usually go to tools --> history centre, and manually change the low from that period using a rough average from other broker feeds. but everytime i re-load mt4, it resets itself!!

does anyone else see this on their MT4 charts?? this one is in addition to the screw up from jan 06

USDCAD

Dice,

I don't know who your broker is but EUR/USD did NOT go bellow 1.2814 on MT4. The spike is not there on any of my charts .

I was watching the charts when that EURO dip took place, shouldda seen my face it was like a 70 pip drop in a second.

But it was only in my StrategyBuilder4 (MT4) moneytec demo server, not real pricing.