watch the fibbo — 1.5575 is major fibbo resistance. going to reverse after it touches it. Fibbo graph from April high to May low on the 1hr chart. Check it out. You end up with 1.5575 being the 38.2% fibbo line. Am shorting when it hits it

EURUSD

There are a lot of USD bulls out there looking for an excuse to buy the dollar at these high levels. They keep having to change positions I believe everytime the fundamentals prove them wrong like they did last week. I think we will see the same ...

EURUSD

I agree with the long Euro story. I've clocked 473 pips this month taking advantage of the USD strength after that insane PPI number from US. Also all the hype about institutions cashing-in their long Euro positions before year-end. Well, we've ...

EURUSD

Now that all the USD profit taking ahead of year-end should have come to an end, time to go long I think. Trichet is not letting up. I think he's serious about another rise. Am out till first week of next year. I seriously doubt we'll see USD ...

EURUSD

I shorted at 1.4392 and should have taken profit at 1.4385 but got too greedy. Did you guys catch that Ascending triangle pattern? As soon as I saw it I got out of the short and into a long. Sure enough it poped about 15 pips and then retraced. ...

EURUSD

Philly fed and PCE will probably move this pair decisively I reckon. Comes out Thu and Fri. Could set the tone for year-end dollar party!!! And we are all invited

EURUSD

Am mainly worried about Wednesday. German PPI, Ifo index and Trichet is speaking! He's one hawkish dude... Might be getting annoyed that all his hawkish comments are having no effect on Euro. He might go overboard on Wed.. A bit risky. Am gonna keep ...

EURUSD

Hi guys, I've been punishing every retrace with a short. Man that worked out well. Just capped 92pips over the last few hours. Market is getting crazy though. Almost as if all the big players are out and only speculators are moving the pair up and ...

EURUSD