Good morning sisse , Could you point me in the direction of the bear fundies . Currently I have :- 1) the major US indices closed up. 2) oil again popped through $109 3) the highly anticipated rate hike in euro. 4) US government closure 5) US policy ...

EURUSD

Personally if they raise rates .25% as expected ,and at the meeting afterwards there is any hint of further rises. I will assume any move down on 1hr or 4 hr time frame to be profit taking market maker adjustments . And on them timeframes continue ...

Daytrading the EUR/USD... the most liquid pair

First can i say initial entry is the most risky one ,make it small if your still nervous make it smaller .if it moves against you so what. Now if it goes the way you thought add keeping the average as far from the action as you feel comfortable with ...

EURUSD

I can tell you from my trading, entering a full position size with tight stop wont solve it . For me that proved high risk entry with high risk of stop taking you out . I use stuff i know like atr for this pair 120 pips. Personally I wouldnt leave a ...

EURUSD

Do same analysis for america and you will find one is not doing too well ,the other is worse.

EURUSD

If you would like to hold longer term buy psalm oil ,its used in all fast foods . we are junk food addicts ,who doesnt eat macdonalds or kentucky when we start moving out of reccession proper ,demand for this vital product will rocket ,there are ...

EURUSD

I use the background fundies to give me confidence when am in a trade . I dont exit immediately on a sudden spike ,that previously because i had no clue why it happened i would immediately exit fearing it would never return ,only to see it not only ...

EURUSD

50% too 80% So we dont play on words.

EURUSD

Make no mistake bud , The only reason eur looks good is because its traded against other paper currency . If you have any money dont hold either currency for too long . Buy something physical . $1 today can buy at current prices $1 worth of stuff ...

EURUSD

The difference between technical and fundies tecs happen in front of you now ,fundies are like a background view .Thats how i use them. Kind of look at were oil has been over a period of days /weeks ,if it maintains the levels then when the petrol ...

EURUSD

Reading this make everything look like its tanking ,but just one that i follow closely is oil . You comment oil is down and down on the day,But you fail to mention today oil broke $109/barrel for first time since 2008 ,That happened today,it is ...

EURUSD

Does anyone feel that the US government closing down due to overborrowing ,and are unable to get the limit of there lending raised. Oil break $109 Eur raise rates a minimum .25% 2 reasons dollar bear ,one reason bull eur. I hear this pair over ...

EURUSD

Yes over a period of time depending what happens in the world ,till it gets there.

EURUSD

Yes and its holding above 4300 so far, if thursday produces rate hikes may head up further . An average leg on 4hr can be 300pips ,On my chart i got 4150 as the start ,giving me 4450 as rough target depending on what happens tomorrow.

Daytrading the EUR/USD... the most liquid pair

I just feel that if more of us can aim for bigger positions than 20 pip plays and scale down size, aiming for a small leg on bigger t/f ,of say 100 pips minimum . Our brokers and market makers dont have the same power over a 100 pip view point that ...

EURUSD

image Depends on timeframe but this pair has many long legs if you can stay in for them. May last year 400 pip days were not uncommon check for yourself.Hold your position for 2 days continues you could easily be in a 600-800 pip leg. 01/07/10 and ...

EURUSD

Looks like traders are not waiting for the actual rate decision ,they positioning before hand.

Daytrading the EUR/USD... the most liquid pair

According to the fomc minutes ,they are divided but seem to feel no need to raise rates or end qe2. so that leaves us with eur expectation of 1% increase this year starting thursday at .25% =bull eur confirmation thursday

EURUSD

I know its boring but ,technically and fundamentally nothing has changed . I Honestly dont see any breaks high or low till at least thursdays evidence is revealed . eur rate up as they said,then afterwards is the meeting suggesting its the first of ...

EURUSD

From Purely technical view The good US job numbers pushing this pair down 90 pips only to be reversed 180 pips from bottom of range to nearly break the top friday as a pretty strong sign of real sentiment. Think we can make few pips long or short ...

Daytrading the EUR/USD... the most liquid pair