For those going long, you wanna wait, there are still more numbers to come at 9 and at 10, put that all together and this is going down.

EURUSD

Its dropping I think, and with the news at 8:30 it should go down further.

EURUSD

And what if it bounces up for 10 pips and drops down 30, then bounces again back to 10 and drops another 30? Take note that the market is moving down and it could do this all along till it's exhausted. Your 50 pip rally up will get cancelled out ...

EURUSD

Yeah but betting on just one buy order is risky as it is during a high impact news event specially if your spreads are high. Like with AUD last nite, the spread was insane, like 20 or something with oanda.

AUD/USD

My condolences if you were still long on that one lol. Should've waited on more important releases like the NZD perhaps?

AUD/USD

Thats like a horrible way to analyse it. 30 is nothing on the RSI, just because it's oversold doesn't mean it's going to rally up. Now look at your MACD what does it read? When you're done with that, look at the MA H1, where does the price stand ...

EURUSD

I believe most in here are intraday traders, weekly vs daily has a ton of factors that kick in and you simply can't go by weekly for a daily forecast, that would be tad stupid. I'd look at what banks are doing if you're going weekly.

AUD/USD

The correlation might not be as picture perfect like say usd/chf but eur/usd has broken support and is heading down, so if you're long aud this would be a good time to get out, not to mention ema agrees with this and stochs.

AUD/USD

THats all for today folks, downtrend here I come.

AUD/USD

heading straight for 12629 now

EURUSD

lol sureeeee

EURUSD

dude i was being sarcastic because of his excitement..

EURUSD

omg omg omg a bullish engulfing candle!!1 OMG OMG OMG wachya gonna do, so excited dude !!!!!!!!!!!!!

EURUSD

bucketshops... expected

AUD/USD

As I mentioned, whipsawed, got covered, moving on....

AUD/USD

Right, I think I'm just gonna grab whatever I can from the CPI reports given I think it might push to more bearishness and get covered and call it a night. Or it just may whipsaw since there's a few other numbers that give rise to bullishnes. Not ...

AUD/USD

No, actually the forecast points to weak numbers or I must be missing something. Check this ...

AUD/USD

So yeah like I said its gonna drop for a bit since its overbought in the 5 min and 30 min chart and then pullback I guess, but not by a lot from the looks of it.

USD/JPY Discussion

yeah i was waiting on that, no action today, bored to tears

EURUSD

sellers exhausted in the 1hr chart? Time for a small pullback? 4hr chart is bullish

AUD/USD