My thoughts are don't rely on MA's. They are like ever-changing lines in the sand. Because it's there does not therefore mean price will react to it. There are always trends beyond your trend. Sorry this is so cryptic but it's all I got

EURUSD

Reviewing the Past — Hey guys, On March 15th, I made this statement: It's still pretty true to me. Summer will probably be a good time for the US. 1.5000 is getting a lot closer now, and the bulls seem to be a little tired. Of course we all ...

EURUSD

Good inventories #'s for USA could be causing downmove. Bulls hope that price stays above 1.5400. Otherwise, I think it's down she goes.

EURUSD

Does This Chart Say Long Yet? — Does this chart say long yet? Personally, I won't take a long position until the chart looks like that what's been happening.

EURUSD

Was Trichet's statement important enough to push the pair above 1.555? I'm more inclined to think no. Some pretty decent USA employment data came out also which sticks to the main theme here: USA recovery.

EURUSD

Took 3 pips. Getting tired. Bed time Good luck to all!

EURUSD

Good Analysis — "WEDNESDAY, 07 MAY 2008 19:46:22 GMT Indeed, while the US economy has experienced job losses for the past three months in a row, Euro-zone labor markets continued to expand as the unemployment rate holds at 7.1 percent - the ...

EURUSD

lol, just be happy if/when we get past 1.5300

EURUSD

No, sir. Short again @ 1.5318. Hold onto shorts until you see a long trend...

EURUSD

Fair enough Best of luck!

EURUSD

Ramble Ramble — There was someone that said that at every bump today.... The trend is down, sir. I made this same argument when EUR/USD was in an uptrend approaching 1.6000 and everyone said "SHORT SHORT SHORT" Look at the first chart below, ...

EURUSD

whoooooaaaa nelly, anyone get this? I will probably wait for a retrace and enter on board south again soon.

EURUSD

LOL, .02 pips away from my T/P and then rebounds

EURUSD

give me more pips first.... T/P @ 1.5354 EDIT: dang, posted too late!

EURUSD

No... USD is pinned against different currencies. So that is why there are discrepancies. Say for instance I have $10 to sell, but news just came out that interest is going to be lower. Europeans want it, but Swiss don't. This is an example, but it ...

EURUSD and USDCHF Correlation

Hey DRT, I'm glad you made this thread because I wanted to continue discussion about this. Please excuse the skepticism you're about to endure; nothing personal, just wanting to soak up some of your wisdom. Is this not just a glorified Moving ...

Trade the Curve

Spiraling downward, Dave? People are making this oil crisis into way of a bigger deal than it is. We've already had discussion about this, but here we go again. USA is a river and oil is a huge rock blocking the river's path. What does the river do? ...

Sweet, sweet Oil

Man.... Nobody seems to be giving you the correct answer. The pairs are correlated because they both consist of US Dollars. If USA does well one week, then EUR/USD goes down and USD/CHF goes up. Not because there is a causation between the two ...

EURUSD and USDCHF Correlation

If we go up here, I would imagine 1.5460 would bring resistance.

EURUSD

Still short since last Friday.... Opened 2 more short positions since then that were good for 50 pips each and holding one from Friday currently +24. I don't recommend trading this way, but when I have a hunch, I have a hunch.

EURUSD