EURUSD

Agree just waiting for confirmation to go long again

If only CB threaten works why they need fking act?
If any rate hike happen this year that will be in December because Federal is slower than turtle. They speak more than they act. Bear have 1+2 months time to fk the bull by the help of hope

Its enough for me going long again 1.11577
SL 1.1130, after confirmation when market hits 1.1177 my sl will be today's low
TP1. 1.1396

What I say what I say? lol j/k
This thing will keep going down, there is still traders trapped from Friday who went long, and guess what? the moment you close your long price will reverse, yup a multi trillion dollar market all depends on you closing your 0.03 lot long lol, come on plz close your longs already, I want the price to go up.

you are a master

Yes, in the future, not immediately, as for the right now Im still expecting the downside, because Im holding few short trades should the bear be rejected, I'll close them all or let the sl to close them, otherwise if the bear remains intact, I'll add my trades... sometimes I play for longer terms.
I'm not favoring a particular direction, bull or bear... love them both.

My Chart:

Yup thats my bear

I hope it continue for 1.1080

Right...
ummm... 'sort of' then..

fed hike in site, consumer confidence killed it today.

Closed this last night for 7 pips when I noticed a sudden spike of downward pressure.

Shortly afterward opened a short at 1.1177; just closed at 1.1144.

Stalled above weekly S1 (1.1132). Still been keeping an eye out for some decent pullback after Friday's drop.

Was it ironic joke?

11.40 -1.11 45 Low 1.11 36
PYTAZ... do you imagin that for one pip we got trapped ...??? They managed to push the E. up to 1.11 76 and changed the picture to bullish... and then it collapsed.

PYTAZ,
this low @ 1.11 36 quite exaggerated . It has chances to be a tradable bottom .

Me thinks today's highs would make for a good buy-stop order. A nice area to trap bears! I like traps

fundamentals point downwards, just yesterday bear traps were called at 1.117-9. More like bull traps.

You can expect a joyride when fundamentals meet technicals.

KP

1.1136 i think it should be bottom, we confirm that when market hits 1.1177 again

Markets spent much of the week treading water before Yellen sparked a short-lived spurt of USD strength, with all eyes remaining on Fed speak next week as well as US nonfarm payrolls The August lull continued for much of this week, with volatility particularly muted, accompanied by light newsflow.

Much of the session was spent awaiting comments from Fed’s Yellen, with recent rhetoric from the likes of Fischer and Dudley striking a more hawkish tone and market participants speculating as to whether Yellen may follow suit.

Rhetoric from Yellen saw a fast money move higher in the USD, after she stated that rate hike case has strengthened in recent months and economy is nearing the Fed's inflation and employment objectives. However, the USD strength was short lived given the lack of a specific mention of September, combined with the quantity of data still due from the US ahead of the next FOMC meeting on September 21st .

Elsewhere, one of the more notable movers this week saw significant upside in USD/ZAR amid uncertainty over the future of the Finance Minister after reports stating that the police have summoned him over an investigation into a suspected rogue spy unit in the tax service. NZD has also seen focus this week, with NZD/USD trading higher by around a point by Friday after RBNZ governor Wheeler who warned against rapid rate cuts and stated immediate easing is unnecessary.

Looking ahead to next week, it appears USD is set to remain in focus, with a host of Fed speakers scheduled as well as the latest nonfarm payroll report. Given Yellen’s tone, the upcoming data and rhetoric will take on a heightened significance, as to the legitimacy of a possible September rate hike is tested. Elsewhere, next week also sees CPI readings from Germany and the Eurozone, as well as manufacturing PMIs from across the globe.