EURUSD

read this, this will help to see what will you have experience in those years ahead of you ...
http://www.forexfactory.com/showthread.php?t=3156

http://www.forexfactory.com/showthre...27184&page=589

Held my long despite the .091 retest. If this doesn't hold, I'm looking at .089 as well.

if it does go back above 0944 (the freshest demend area) it may don't come back to any 091x ...
but don't forget sh't could happen anytime ...
edit : supply

Not a perfect entry but maybe its working ...

follow the trend





enigma4x

SHORT for a few

Yup. I am more looking opportunities on Aussie now and I believe all those commodities will bounce soon.

Pending BUY

Indeed. I had this idea give then flag-ish pattern.

Agree, very nice flag pattern

what timeframe you are trading ? your entry decisions and trend catching ?

H4 on that chart (removed the volume because it's non-sense). Otherwise, daily charts. Care to see my daily chart?

okay ... nope thanks

Ok, is the time frame different for you? Or is it something else? I'm friendly.

according to your uploaded chart you should stay sideline ... cause it haven't broke out yet ... or trying shorts at the top of the channel you've got more reasons to short rather than counting(guessing) on future breakout ...
just saying .

shangahi -5%

I've been long since the .082 break. I was just saying if I'm looking to add to the trade, it'd be there.

ah I see , great ... if you long from down there

sometimes will find a blind chicken a corn ....





enigmatic

what are these ? the kinda chart one ?

If anyone is subscribed to FT, you can read this.

http://www.ft.com/intl/cms/s/0/af024...#axzz3wur20UH1

EDIT: I'll be nice and post the article.

China has opened a new front in its war to curb currency depreciation by buying up renminbi offshore, foiling the burgeoning carry trade and driving the cost of borrowing to a record high.
The elevated overnight CNH Hong Kong Interbank Offer Rate (Hibor) shows how volatility in China’s currency — once a highly domestic side-show for global investors — is fanning across the globe through renminbi internationalisation. Hong Kong, the biggest offshore market, bears the brunt.

FirstFT is our new essential daily email briefing of the best stories from across the web
It is also a potent sign of the lengths to which China's central bank is prepared to go to support the value of offshore renminbi, known as CNH.
The overnight CNH Hibor, a daily benchmark for offshore renminbi interbank lending, hit a record-high 13.4 per cent on Monday, up from 4 per cent on Friday and the highest level since the benchmark was launched in 2013. The one-week rate surged from 7.1 per cent to 11.2 per cent.
The People’s Bank of China, acting through state-owned banks in Hong Kong, is buying up renminbi to curb CNH weakness and narrow the gap between CNH and onshore renminbi, known as CNY, analysts say.
The PBoC holds onto its purchases of CNH, thus depleting the supply of CNH available for interbank lending.
By buying CNH the PBoC also frustrates the short-term carry trade designed to profit from weakening renminbi. That trade involves borrowing CNH, exchanging the loan proceeds for foreign currency, then repaying the loan once the renminbi has fallen.
“It looks like PBoC wants to maintain a high cost of shorting CNH,” said Zhou Hao, Asia economist at Commerzbank in Singapore.
“On the other hand, it also shows that positioning is quite crowded — everyone borrows CNH to short — which means that a short covering could be very wild if it takes place.”
Renminbi deposits in Hong Kong totalled Rmb864bn ($130bn) at the end of November, a small fraction of the US dollars available to the PBoC for intervention from its $3.33tn stock of foreign exchange reserves. That means that relatively small interventions in the offshore market can have a major impact on CNH exchange and interest rates.
Longer-term factors are also contributing to the Hibor spike. CNH deposits have fallen for four straight months, with the decline beginning in August, after the PBoC shocked global markets by loosening its control of the currency, allowing it to depreciate.
As expectations of renminbi weakness built, foreign importers were keen to offload unwanted renminbi onto their Chinese suppliers through trade settlement. That led to a flow of CNH back onto the mainland, reducing liquidity.
An uptick in Chinese government bond issuance in the offshore “dim sum” bond market, as well as increased sales of CNH certificates of deposit by Hong Kong banks, have also strained the supply of CNH in recent months.
While CNH Hibor’s better-known US-dollar counterpart, Libor, is a crucial benchmark for loans dictating rates on trillions of dollars in funding each day, in CNH Hibor has little practical impact. Hong Kong banks do not depend on CNH Hibor-linked loans for funding.

geppy 169 60 now in play :-)