I think the U.S GDP QtQ would be revised to 3% up 50 basis from last month. The U.S Home sales data could be between 4.65-4.85 million on annualized terms. So, if my economic projection is correct Euro is going to be hit hard today.
all the way from 13150 to 13080.
Stopped scalping on the news data effecting currencies plus oil.
We have to be a litle carefull with eur if scalping from here as oil is getting close to 100$ per barrel and this may sink usdx in turn effecting the eur...My eyes are now on a possible break of the 13080 level
Happy trading
Take your profits or the market will take it from you....
seems windows vista and windows 7 users are experiencing skype crashes today
damn - cant do without technology
Meanwhile i am seeing 13078/80 as resistance......cmon now,,drop some more
Take your profits or the market will take it from you....
As far as the market goes we are still landlocked in purgatory between 1.32 and 1.3080 for the third day. I am ambivalent as to whether we go directly lower or have a pop to the upside to take out some weak shorts above 1.32, I just wish it would do it SOON as this is rather tedious stuff currently :-).
totally agree- especially for me as i scalp short and long .... and as the trend is still short i am like cmon eur get a grip drop some more !!
I see your MT trader - good on you for that, time for british tea me thinks !
Take your profits or the market will take it from you....
See if that bottom holds. Should of held on, sold my short for some 400 pips but since i sold now im pretty certain that price will collapse lol. Oh well, still bearish and will get in on a pullback.
4HR:
“There are no limitations to the mind except those we acknowledge.”
I ws just telling Keturo the same thing I saw it last night thats why I was so excited about today.
Originally Posted by FXTA
See if that bottom holds. Should of held on, sold my short for some 400 pips but since i sold now im pretty certain that price will collapse lol. Oh well, still bearish and will get in on a pullback.
to all you Euro bulls and Gbp bulls out there....you know who you are....keep posting those wave counts and uptrendlines and positive divergence messages
I have just taken profits on some of my gbp shorts at 15360
totally agree- especially for me as i scalp short and long .... and as the trend is still short i am like cmon eur get a grip drop some more !!
I see your MT trader - good on you for that, time for british tea me thinks !
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Originally Posted by Bari Baig 
scalped shorts
skype
