Thread: Closed: Discuss EUR/USD News with a DailyFX Analyst

Have ever jumped back into a trade because you were afraid of missing a big move? Read what Trading Coach, Matt Russell has to say HERE

Will check in during JPY session. Good luck to all.....pip total and proof if needed.. Like Ayo says this is the best forum ever.... reminds me I need to check up coming news events.

Originally Posted by KUTERO

Thank you..

Negative divergence.
Now ema5 (white) is holding.

4H
still holding..

What are the Long Term Impacts of Euro-zone CPI on the direction of the Euro? Read Here to Find Out More

e/g long 8720 st 8692
e/f long 11400 st 11340

FREE Forex Trading Guides
Sign up to receive your free Forex Trading Guides. Choose as many of the guides as you like from the list, and you will receive them shortly via email.

Forex For Beginners
How Forex trading works from the beginning. How to read quotes, make orders and trades, develop your strategy and more. This 10 page guide will help anyone get started in the world's largest and most global market.

Top Forex Trading Ideas for 2011
Which currencies will be hot in 2011? Which will drop? Our analysts forecast what will be moving the markets this year.

Gold: What's Next and How to Trade It
Gold prices are trading near historic highs. What is likely to come next, and how can you trade it? This guide gives you insight into the fundamental price drivers and trading action in 2011.

Top Trading Mistakes of 2010
The difference between a good trader and a great trader is how he learns from his mistakes. In this special report, the DailyFX Analysts each reflect on their losing trades of 2010 and what lessons can be learned from them.

Elliott Wave For Beginners
The basics of Elliott Wave Analysis, one of the most misunderstood theories of technical analysis. When its rules are understood and applied correctly, Elliott Wave Analysis can often help you interpret and forecast price action.

Advanced Elliott Wave Guide
An in-depth guide to Elliott Wave for forex traders who are already familiar with the approach to the markets.

Hurry don't delay, secure your room at our negotiated rate before their gone: Directions | FXCM Expo

Going to the Expo? meet your presenters: Speakers | FXCM Expo

Register Now!

AUD 10491 imp..
GU 6498
EU 4393
UJ could break out if wedn low holds..
EJ looking prime for a breakout too.
EC 10338 if within this 4 hrs else 1370 is imp..


GL..

Remaining.........

GL>..........

The EUR-USD and the US Dollar in general may have reached a major turning point today. Interesting developments in Switzerland are also discussed along with my favorite seven pairs.

Latest Forex Video Outlook

Drawn a upper trendline yesterday and worked like a charm!

Good evening dear fortunate ones,

On a daily Ichimoku chart we see the PA did not close above 1.445 which left Chikou Span in the kumo, hence not confirming the breakout. Some early bullish signs emereged (SSA/SSB cross), KS/TS pointing up and PA being above the kumo. 1.439, 1.431 and 1.428 are support levels (SSB, TS, KS) Because CS remains in the kumo, I think the upside is still uncertain and I'll seek for a move up to short this pair.

Peter

Originally Posted by analyzer

OK, gaps now filled. Let's see what the data brings.

Where was the gap?

Happy Trading,
t3t4

Originally Posted by SkiBunny

Whatever some large sovereign wealth funds from the Middle East or China will pay for it. I think China has been buying US farmland lately (while US companies have long bought industrial land in China). Perhaps China is "outsourcing" agriculture to USA, and the rural chinese peasants will rise in anger & protest like American factor workers have done? haha.

I think farmland in north dakota sells for $3000 to $5000/acre, while similar while farmland across the border in saskatchewan was only CAD$300/acre. The discrepancy was because until recently only bonafide Sask residents were allowed to own Sask farmland. Now, canadian residents and citizens can own it, and land quickly rose to $500/acre like the rest of Canada. This is obviously still a bargain compared to equivalent US farmland. Reason being that ownership of Canadian farmland is restricted to canadian citizens. Opportunity knocks however, because the newly-elected Conservative federal government says it will open all of Canada to foreign investment (recall the Potash debacle of last summer). I imagine that CIC or another sovereign wealth fund would be keen to buy all of Canada if permitted. In fact, CIC (sovereign China Investment Corp) opened its first North American office in Toronto this year. Hmm.

Interesting! Since no body will do the home work, neither will I....

2+2='s ????? Or maybe it equals ??????????????????????? Hmmm, or could it just equal "?" (One).....

Happy Trading my friend.
t3t4

Here is an interesting read from investopedia.com click link below.

The New Risk-Factor For Forex Markets - Investopedia.com