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pres78 replied Sep 24, 2010It would be crazy to see it close near 1.35 and then Bernanke gives a Dovish speech and when the market opens it gaps up and jumps past 1.35 completely past the first guards... what would happen then? Probably would never happen but it would catch ...
EURUSD
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pres78 replied Sep 24, 2010Risk is off, Main Trend is up... it's going to try at least for 1.35
EURUSD
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pres78 replied Sep 24, 2010It might go down but it won't leave without at least knocking on the 1.35 door... it's too close to walk away now.
EURUSD
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pres78 replied Sep 24, 2010It's up from last month but lower than expected and way down from June and July... good? bad? indecisive?
EURUSD
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pres78 replied Sep 24, 2010going over the +1/8 MM line... who's knows what it will do now...
EURUSD
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pres78 replied Sep 24, 2010Anyone pre-trading the home sales? Or waiting for direction and trading retrace? Worse than expectd EUR up, unless risk aversion takes over? As good as or better than expected should help the USD but it would probably give the EUR another boost ...
EURUSD
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pres78 replied Sep 24, 2010Agreed I have been on a good roll since Tuesday (well all week has been pretty good) with 7 straight profit trades and no losses since Tuesday. All in all I am up 140 pips on the week. Not as good as many I am sure (I haven't figured out yet how to ...
EURUSD
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pres78 replied Sep 24, 2010Chairman Bernanke speaks tonight just before market close and the BOJ speaks tommorow... I mentioned this in an earlier post that we might see some possible gaps when the market re-opens. Watching for spikes in the end of NY session today while ...
EURUSD
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pres78 replied Sep 24, 2010Yes 1.3460 is almost in your grasp... will you re-enter after another retrace or wait for the home sales? Again just common interest.
EURUSD
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pres78 replied Sep 24, 2010Man the USDCHF and USDJPY is just sitting there. The others have all made a move on the USD but most have retraced from the highs...
EURUSD
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pres78 replied Sep 24, 2010Sink the ship for the EURUSD to go down or the USD's ship with the EUR and others skyrocketing? They are calling for increased sales... normally good news for the USD.
EURUSD
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pres78 replied Sep 24, 2010The second news was bad though... The US really needs good consistant numbers not mixed. Although if bad after bad keeps coming people may jump back into the supposid safety of the US $... Risk Aversion I guess.
EURUSD
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pres78 replied Sep 24, 2010You just went long now even with news coming in 20 min? What do you mean if we break above 1.35? I assume you SL for this long trade is below 3400?
EURUSD