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  • #1,054,901
  • Feb 7, 2016 2:54am Feb 7, 2016 2:54am
It seems like the pair is far from parity now.
  • #1,054,902
  • Feb 7, 2016 2:54am Feb 7, 2016 2:54am
In my opinion, the next levels to watch for are: support - 1.0812, resistance - 1.1246.

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  • #1,054,903
  • Feb 7, 2016 3:21am Feb 7, 2016 3:21am
Quoting deresel
In my opinion, the next levels to watch for are: support - 1.0812, resistance - 1.1246. {image}
Yeah good levels.

Don't think we see new highs to 1.14 for now.

It is been rising to much.
  • #1,054,904
  • Feb 7, 2016 3:25am Feb 7, 2016 3:25am
Quoting Rag2RichesFX
The red circle is where EU should trade before (if) it moves to 9595 area. {image}
And what about this man.
http://www.forexfactory.com/singafx#acct.28

I think he has blown his account.
Forex; the game of movements not the game of candles.
  • #1,054,905
  • Feb 7, 2016 4:18am Feb 7, 2016 4:18am
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  • #1,054,906
  • Feb 7, 2016 4:53am Feb 7, 2016 4:53am
Quoting MissPips
{quote} Baltic Dry Index is down. Walmart is closing stores. Orders for new trucks continue to slump. Doesn't look to me like signs that the economy is getting stronger... 4.9% should be close to technical full employment (due to frictional unemployment) but this http://www.nytimes.com/2016/01/02/bu...work.html?_r=0 and this http://freebeacon.com/uncategorized/...es-in-january/ does not say full...

and still some people say that the US economy is so strong - strange, isn't it?
  • #1,054,907
  • Feb 7, 2016 5:07am Feb 7, 2016 5:07am
Quoting Rag2RichesFX
The red circle is where EU should trade before (if) it moves to 9595 area. {image}
why it has to trade there before it hits parity?
money ain't shit,i'm the shit..
  • #1,054,908
  • Feb 7, 2016 6:09am Feb 7, 2016 6:09am
Quoting infinitus
{quote} and still some people say that the US economy is so strong - strange, isn't it?
us economy isstrong related to eu.baltıcdry related with china
  • #1,054,909
  • Feb 7, 2016 6:13am Feb 7, 2016 6:13am
effects of china bubble created to save world
iron ore baltıcdry
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china game over, india turn
  • #1,054,910
  • Feb 7, 2016 6:20am Feb 7, 2016 6:20am
Quoting infinitus
{quote} and still some people say that the US economy is so strong - strange, isn't it?
It's still doing better than Europe I guess.

However to me the data on Friday, when considered with the other data about transportation, women's employment rates, part timers who would like to be full timers, and the participation rate (which is barely moving off all time lows even with the biggest cohort in American history (the boomers) steadily moving out of the ranks of those eligible to be counted in that statistic) is not saying 'rate hike in March'. (But then, we already had a discussion about usefulness of rate hikes for determining direction anyway :-) )

Personally I suspect we are going to stay right in the wide range we've been in 1.17 to 1.04 for a lot longer - maybe even until the results of the US election are in.
  • #1,054,911
  • Feb 7, 2016 6:40am Feb 7, 2016 6:40am
Quoting vasily
effects of china bubble created to save world iron ore baltıcdry {image} {image} china game over, India turn

Would you care to explain ?
Losers Hope, Winners Believe
  • #1,054,912
  • Feb 7, 2016 6:52am Feb 7, 2016 6:52am
Quoting Shiv999
{quote} Would you care to explain ?
very clear.capitalism need new consumers to sell.russia china done.now its india turn world to connect indians to net and let them borrow to buy more smartphones cars this that.india is the last portion of big population to support real global economic growth.china consumers saved world from big collapse more over china is the biggest us bond buyer with japan.after india,we will se biggest global collapse ever.start sawing some valuables

edit:watch developing india stories. google to deliver free internet and many more.new consumers to save world ass
  • #1,054,913
  • Feb 7, 2016 7:57am Feb 7, 2016 7:57am
am not sure if china is done... It's just going through the economic cycle of ups and downs...

I would like to comment just one thing... India has some strict policies in place which is like a double edged sword.. Those policies are definitely keeping away trillions in possible investments (limiting development in the country) but at the same time, it makes sure that the fundamentals do not get much dominated by outside funds/investment (Just like US is highly depended on Europe, China and Japan's money)

IMO, it would take a lot for India to collapse...
Losers Hope, Winners Believe
  • #1,054,914
  • Feb 7, 2016 8:13am Feb 7, 2016 8:13am
Quoting Shiv999
am not sure if china is done... It's just going through the economic cycle of ups and downs... I would like to comment just one thing... India has some strict policies in place which is like a double edged sword.. Those policies are definitely keeping away trillions in possible investments (limiting development in the country) but at the same time, it makes sure that the fundamentals do not get much dominated by outside funds/investment (Just like US is highly depended on Europe, China and Japan's money) IMO, it would take a lot for India to collapse...
when you teach people they can borrow money from hsbc and buy smartphone this that,then things will work ı watched a chinase fermer lost all money at stcok and was crying in middle of field.china done its connected to net
  • #1,054,915
  • Feb 7, 2016 8:25am Feb 7, 2016 8:25am
Quoting MissPips
{quote} ) Personally I suspect we are going to stay right in the wide range we've been in 1.17 to 1.04 for a lot longer - maybe even until the results of the US election are in.

That is what I am thinking about most recently - a long lasting sideways movement
  • #1,054,916
  • Feb 7, 2016 8:33am Feb 7, 2016 8:33am
We see

1065

then we see

0789

So what I'm saying is that if we get 1065 then 0789 is a probable mark. Who knows if we will see it.

Draghi could pull the shocker out and use it. You never know.

O why do i love forex. Shoot me in the balls

cheers
ryder
Back from the dead * ding fries are done *
  • #1,054,917
  • Feb 7, 2016 8:43am Feb 7, 2016 8:43am
did dog's play cards??? may be they effect upon market !!!
don't predict direction, but dance with flow of water
  • #1,054,918
  • Feb 7, 2016 10:14am Feb 7, 2016 10:14am
Quoting infinitus
{quote} That is what I am thinking about most recently - a long lasting sideways movement
Yep. I did a chart for this to count how long price can stay in the same wide range at major turns or halfway points. (It's an old chart - it's now
been 13 months, not 9 months, in the current range).
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  • #1,054,919
  • Feb 7, 2016 12:03pm Feb 7, 2016 12:03pm
Hey, traders! I hope everyone is gearing up for another fun week. I've got my weekly trading outlook up on the blog with some EUR/USD analysis.

I hope it's helpful: http://www.forexmademillionaire.com/...look-2-7-2016/
check out my blog: forexmademillionaire dot com
  • #1,054,920
  • Feb 7, 2016 12:44pm Feb 7, 2016 12:44pm
Inserted Video
If you are new to FX don"t follow my trades, I 've blown many live accounts
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