.8568 is the 200 sma on the daily. I don't think it will be tested today but Sunday night should be interesting. If the support holds expect a good bounce. If it doesn't expect a fall. I'll be watching the Superbowl .

AUD/USD

Europe is opening. let's see if 1.37 holds

EURUSD

new resistance is at 92.68. It has to be broken for there to be an uptrend. This is on the daily BTW.

USD/JPY Discussion

hey, do you guys think the eur is priced in already before the aud rate announcement. It basically has been going up all day. Now its stuck in a narrow trading range. How do you tell if a pair is pricing in a rate increase?

EURUSD

i'm staying away also. I always try to guess though which way it will go. 1.40 is a major phych level

EURUSD

care to take a guess which way the initial spike will happen.

EURUSD

man, some big moves for this pair

USD/JPY Discussion

E/J finally broke its lower range of 127

EURUSD

china is really sending this thing lower

USD/JPY Discussion

man, you got in late. I usually don't try to jump on a fast moving train once it left. hopefully you can catch 50.

EURUSD

i'm not adding. i moved my stop to guarantee profit. i'm riding all the way to 1.40. people will take profit then which could result in a bounce. first pivot support is a 1.4025. second at 1.3945

EURUSD

looks like the psych barrier of 1.40 is within reach.

EURUSD

also watch out for major china news coming up.

EURUSD

most charts that analysts use including my own says different. i'm using 4290. actionforex has it at 4290 url dailyfx has it at 4290, fx360 and so on. so i'm using that, but use whatever works for you.

EURUSD

that's not what i'm getting. its just 200 sma-close, daily chart using bid price comes up at 4290. are you sure you're not using a different one?

EURUSD

be careful with shorts. price is right at the 200 sma on the daily. there could be a bounce

EURUSD

that's not entirely accurate about there being no system. most of it is about money management i think. If you have that then you can be 30% accurate and still win. You have to also realize that the market dynamic is always changing. So most systems ...

Stop fooling yourself; There is no system

looks like we're headed lower

USD/JPY Discussion

the pair is due for a bounce. after such a huge drop.

USD/JPY Discussion

trade successful...closed out position. what a radical drop. 1st trade =89 pips 2nd trade=192 pips. gotta love trading the daily. lets see when the next one happens

USD/JPY Discussion