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- Shadowfx replied Dec 5, 2008
This small bounce was expected of the MS1 line....the bigger question is...and that's the real bounce I was talking about..Where do we go after the figures.... My expectation...far below expectations..read -400 is up north...any other expected ...
EURUSD
- Shadowfx replied Dec 5, 2008
Second T1 @1.26635 nearly reached... Non farm and Unemployment figures due soon...we either bounce back or head for T2 @1.26020.... Just my 2 cents...
EURUSD
- Shadowfx replied Dec 5, 2008
Another important remark to keep in mind...market already build in bad figures for Non Farm..I only expect a figure lower then -400 to have a larger then expected impact... Just my 2 cents...

EURUSD
- Shadowfx replied Dec 5, 2008
The answer is there already..Daily pivot is your key figure..if it fails to break upwards...down we go...if it breaks up solid..we might see another bull run...
EURUSD
- Shadowfx replied Dec 5, 2008
As I said this morning..and stated before..yes its possibility..we will see bull runs in between going down further... Please once again..I stated this just before the fall at 1.6, when everyone shouted..we will break up more..and this lone ranger ...
EURUSD
- Shadowfx replied Dec 5, 2008
German Factory orders large drop...INVESTMENT goods show the biggest drop...read "bye bye confidence you tried to create yesterday Trichet"...figures do not lie.. Germany is one if not the leading economy in Europe.. Just my 2 cents...

EURUSD
- Shadowfx replied Dec 5, 2008
Update Phase [email protected] (Daily Pivot) completed Next target: T1: 1.26635 (MS1) T2: 1.26020 (S1) Yesterdays start of the break out.. Daily pivot to be tested now..if it holds we might see consolidation before USA session and Non-Farm + Unemployment ...
EURUSD
- Shadowfx replied Dec 5, 2008
Good morning all, Still a bear... Without going into deep analysis, bull runs are losing steam... Check out the first major bull run start on 28 October, the second start on 21 November....the third yesterday... Main trend is still down and way to ...
EURUSD
- Shadowfx replied Dec 4, 2008
Very interesting situation with this bull run.... Correlation has partly gone...DJI is 85 points down from opening, gold dropping, Oil dropped...all down from opening EUR is still holding 110 points up....
Certainly stuff to take on board ...EURUSD
- Shadowfx replied Dec 4, 2008
I totally agree, long time since Ive blown 2 stop loss in a row... Lets see if R2 @1.2827 can hold...
EURUSD
- Shadowfx replied Dec 4, 2008
Must admit this is a strong bull run, Ive under estimated the DJI to gain this much for the third day in a row... 1.2738 is Monthly Pivot, R1 is at 1.27718 In between has proven great resistance in the last days... IMO this is going to drop ...
EURUSD
- Shadowfx replied Dec 4, 2008
That's correct Ed and my figures are the ones of today's session, which are nearly the same as yours.
EURUSD
- Shadowfx replied Dec 4, 2008
I'm short @1.2687... I don't trust this bullish breakout... Just my 2 cents...

EURUSD
- Shadowfx replied Dec 4, 2008
GMT should not matter, market high and low are from Sydney open till Sydney open...
EURUSD
- Shadowfx replied Dec 4, 2008
High directly after Sydney Open, Low in early European session Yes I'm on GMT +2
EURUSD
- Shadowfx replied Dec 4, 2008
DJI opened with a drop... Daily Pivot tested now..if it fails..I'm adding shorts If it breaks and holds..we might see a different ball game today Tricky situation...
EURUSD
- Shadowfx replied Dec 4, 2008
Very neutral reaction on the pair.... DAX dropped..without significant effect OIL and Gold remain steady Looks like the DJI might be the one to point us in the right direction today...
EURUSD
- Shadowfx replied Dec 4, 2008
Trichet starting now...10min late...he must have called his brokers first..to secure his positions...

EURUSD