Well Sir... — You may be correct. You'd better hope crude continues to climb and tomorrows GDP comes up red. Mike

EURUSD

LOL... — m

EURUSD

Dude... — Volume... There is no volume. Some of the lowest volumes every recorded have taken place this week. The reason we are at .4780 is volume. Thin volume means a few Asian banks can push price where they want it... and that's exactly ...

EURUSD

Oh no... — Watch them once and delete them. They are boring. Thanks.

EURUSD

You may be right... — However... I believe we are in for some crazy price action over the next two days. Mike

EURUSD

Thanks... — Oh yeah... don't get me wrong. We may be due for the much hyped bounce but this pair long term is very much south.

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Who are you using? — Thanks. Mike

EURUSD

Thanks Ed... — Do whatever works for you. Mike

EURUSD

Not sure cobraforex... — I don't see it on my screen. Mike

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I have an idea but... — I'd be scolded if I posted it.

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I'm using Alpari... 15 min chart also — However - I may need to change. Pivot followers - what's your pivot for today? Thanks. Mike

EURUSD

Thank you... — Normally I wouldn't trade the Asian session so I would be on the sidelines. I'm short right now on some long term plays but you are correct. When something smells like sh#t - it usually is. Surely don't pick tops and bottoms - ...

EURUSD

I hear ya... — I'm with ya... but because I'm only trading less than 1% on each trade I'll let it float. (spathi - comment not for you)

EURUSD

Yes... — Very important to remember at this point.

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Rumor has it... — That Asian banks are stop gunning. They are trying to run the stops above .4800. My guess is that this level is pretty well protected... but who knows. Mike

EURUSD

Very strange indeed... — I must agree that this is quite baffling. Sure... moves are exaggerated due to upcoming holiday and end of the summer book balancing. However - I can find nothing substantial that would cause this kind of move. The ...

EURUSD

Asian names said to be buying... — They believe a bailout is close at hand. url

EURUSD

Here you go... — Traders say that an article in today"s UK Times saying that the UK may face a "full-year GDP fall" may have been the catalyst for the GBP selling against the USD and most notably the EUR.

EURUSD

Hmmmmm... — And it might go to .4600. And it might not move at all. And if it does go to .4800 it will be another great shorting opportunity. And the holiday is next week. And liquidity is low. And volume is low. And moves are exaggerated. ...

EURUSD

More common sense... — I believe .4000 is a little aggressive but this thing is headed south. Mike

EURUSD