she is most likely done for the day unless it want to bounce of the current up trendline for the day.... Moved to the middle. Made money off of the 80 bounce and the scalp down.

EurAnalysis

Well my scalp ended at 1.2500. 65 pips. Will see what happens after the news. Would not be surpised to see another run down about 65 or pips and then back up.

EurAnalysis

I have been looking into trading the AUDUSD for a while. What are the best times to trade it? It is more a around the clock because of it's open in relation to the US open and London? Also what is the average daily range of the AUDUSD. Also how much ...

AUD/USD

IF it dives tomorrow better take note of the low and retests Sun/Mon as many will be buying.

EurAnalysis

hmmm just was thinking what would have happened to the USD should Ron Paul had been elected prez. Least to say drastic moving would occur one way or another. IMO without the banks trying to tank the US to make him look bad I think the US dollar ...

EurAnalysis

YEp which is why I am in a scalp short. Anytime that happens everyone tends to lose a little confidence and at a high....

EurAnalysis

Yep... be consistent. If it does not work then figure the issue out. You will NEVER win at this game unless you have confidence on what your doing will win overall. Confidence brings consistency and consistency will bring confidence with the proper ...

EurAnalysis

you are correct. Trend is up but clearly slowing. Range since yesterdays session is only 60. If it breaks below 50 again I will pay attention to shorting on a weak wave of price action on the 3 or 9 Min as I use a 1,3,9 min for daily trading in ...

EurAnalysis

you can tell the market feels oversold but doesn't really know how to react. To afraid to buy and trend is not to sell. Small range with a little upside probably. If it does not break todays high by around noon on a restest probably going to go down ...

EurAnalysis

sounds good.

EurAnalysis

just a small note. THe range is 100 from todays low. Watch for a reverse. Just saying.

EurAnalysis

I am targeting the trend line with the nearest 25 mark as a final TP. Initial take profit will be 1.2375. Then second leg the trend line. Probably bounce a little and see if it continues and jump back in off a weak jump up against that initial trend ...

EurAnalysis

I think the whole lowering the rating though still news has lost a little fo it's punch with all the intervention. If they stood alone would be a different story.

EurAnalysis

yep excellent targets. Will play the bounce as well. Then look for a continuation down or fail to go back up.

EurAnalysis

Yep and with a FOMC move down expect a 250-300 pip swing in the next few days.

EurAnalysis

Yep totally agree.

Sonic R. System

it will smack 1.4500 probably on a spike and crash. Would not be surprised. They like whole numbers and when it is not hit it is like eye candy for the reverse especially on a 500 number 0r 1000.

EurAnalysis

I believe they threw the news out sooner than expected for a reason. What that reason is.... I am def not bullish on the Euro. Do expect it to smack 1.4500 though and drop but I could be wrong.

EurAnalysis

Yeah... I think they will probably use the news if it is good to puch it down to the 1.2400-1.2375 level possibly as that would make it a range of about 100 pips which is normal. Then when the FOMC comes out would not be a suprised to see a quick ...

Sonic R. System

They did it just to make you mad. hehehe I would not be surprised to see a run down in the next few days. Probably spike to 1.2500 and then run down. You know the drill.

Sonic R. System