1500-2000 pip down move

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Waiting for a sell signal in GBP/USD. If materialises then monthly basis ought to send it down 1.5-2k pips

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Breaking News Senate probe finds evidence Goldman profited on collapse Goldman Sachs made a windfall betting against the mortgage market even though it stated in its 2009 annual report to investors that it “did not generate enormous net revenues by ...

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Greece asking 4 rescue package

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Q1 low collapsed as expected

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Just to add, first recession took out subprimers, second recession (if it happens) will take out middle class.

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Maybe you are not listening to the radio or read the press. One thing that's being repeated over & over again is dangers of "double dip recession". Everybody is concerned about the possibility of it happening, as the second one, if takes place, will ...

EURUSD

New travel zone now is 1.3266 & 1.3433. Levels are weekly ones so intraday they have to be looked at as zones & not exact targets. If 1.3266 gives way, then next *major* stop is 1.2930-1.2980, basically 1.3

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I didn't profit from current slide as I wanted to see another push higher. Oh well, there's always the next time. Earlier Long trade was stopped out for -14, didn't have much faith in it apart from something that looked like a Wyckoff on hourly.

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Long 1.3364 sl1.3350

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Is that Wyckoff on hourly?

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1.3357 & 1.3433

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Bull wedge on 4

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Gold on weekly has a classic buy formation, late 09-10 gold pulled back whilst USD rallied helped by Euro.

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Bought Gold 1147 swing basis, stop 1040. Trading weekly chart.

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Major levels.

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url

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(1.3350+1.3364)/2=1.3357 (today's Lo) Price bouncing of 50% zone. Next target 1.32s (IMO)

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Looks that way.

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Depends how you look at a chart, IMO 80 is key & DX has bounced of it. When USD was hovering near 80 EUR was congesting in 1.36 zone.

EURUSD