Full moon and NFP on the same day sounds ominous but add the French and Greek elections plus the looming credit agency reviews of the Eurozone and you won't be surprised that it's not just "any" full moon today but apparently a "super Moon": Sunday's moon to be biggest this year
Good luck everyone....
PS: We are still in a range and range breaks can get messy.
EUR/USD remains in a downtrend as price keeps on creating lower and lower highs. Short term resistance is found at 1.3190 which is also today's R1 level of the pivot point indicator. A further decline to 1.3050 is expected as long as we trade under 1.3190.
If price trades above 1.3190 we can expect price to try to reach 1.3230 which is horizontal resistance and today's R2 level but a push above 1.3250 is unlikely.
Today is also US Non Farm payrolls day which will be a day with higher volatility. 1.3190 can easily be breached but we need to analyze the break of levels in the light of the NFP report.
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EUR/USD 60 min chart
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Full moon and NFP on the same day sounds ominous but add the French and Greek elections plus the looming credit agency reviews of the Eurozone and you won't be surprised that it's not just "any" full moon today but apparently a "super Moon": Sunday's moon to be biggest this year
Good luck everyone....
PS: We are still in a range and range breaks can get messy.
good i hope its messy as it can get spikes and stops being taken out all over would be nice...but i have a feelling NFP may be a non event today
if jobs data are good i will be lookinfg to short stocks DJ as long as HS is still valid on spike upwards... and eu from 3200 if anf if she gets there....
i would love a really messy awfull NFP that just shakes the market so bad we get mental moves but hey ho will see ...
good i hope its messy as it can get spikes and stops being taken out all over would be nice...but i have a feelling NFP may be a non event today
if jobs data are good i will be lookinfg to short stocks DJ as long as HS is still valid on spike upwards... and eu from 3200 if anf if she gets there....
i would love a really messy awfull NFP that just shakes the market so bad we get mental moves but hey ho will see ...
I heard of messy burgers...... messy fries ... politically messy situation and so on......... messy mkt the first time..
Oh shoot......... its Clive here...lol........... u make a mess out of a regular smooth market, but shorting tops and buying dips all day long and I can only wonder what u do if the mkt is already messed up.......... I'm sure you have asked your bank for a couple of new lockers to hide your loot...........
I know regardless of the nos, you be the one of the busiest milking pips here and there........
I on the other hand kinda think USD has limitations going higher.. I expect a spike on euro to 3087-90 for a move higher to 3235-40... I think we will still be in the range and no breakout to come today...
9930-35 on USD would be enuf to hit 3087-90 on euro.. I suspect a nice combo play coming in on today...
I have no open position beside the DJ shorts from 13289 yesterday..
Interest so far is to hit longs off 3087-92 spot with some tight stops of 15-20 pips only... and to sell a 3230-40 zone...
No idea on gu and others as I just stepping in ...
This 8 hrs requires a move higher to cause a failure into around 3230-40 for the next better move down south to testing 1.3000...
Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us
The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...
Agree.. lets have a mess.... expecting a spike or two, but no huge momentum either way, hence the range stays.. waiting for Fed to be clearer on QE. Don't think this NFP will clarify same.... IMO anyway...
Full moon and NFP on the same day sounds ominous but add the French and Greek elections plus the looming credit agency reviews of the Eurozone and you won't be surprised that it's not just "any" full moon today but apparently a "super Moon": Sunday's moon to be biggest this year
Good luck everyone....
PS: We are still in a range and range breaks can get messy.
All the reason to believe perhaps euro might........ just might be heading higher atleast temporary starting today...
GL..
Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us
The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...
^
You guys know about the new so-called BRICS currency and BRICS settlement system (to replace Dollar + SWIFT), which will end dollar-based settlements among those 24 countries. Watch for formal announcement in coming weeks.
The rapidly spreading repudiation of the dollar for international settlement will significantly hurt the dollar.
^
You guys know about the new so-called BRICS currency and BRICS settlement system (to replace Dollar + SWIFT), which will end dollar-based settlements among those 24 countries. Watch for formal announcement in coming weeks.
The rapidly spreading repudiation of the dollar for international settlement will significantly hurt the dollar.
We'll see
Are you a part of any syndicate.............. you seem to come across a lot of chirping birds.......... but as long as you get to share with us, I won't be jealous............
Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us
The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...
Are you a part of any syndicate.............. you seem to come across a lot of chirping birds.......... but as long as you get to share with us, I won't be jealous.............
No I am a nothing and stuff is second-hand reports so could be rubbish even though it makes good sense when you think about it.
The skeptic in me wonders about the logistics of implementing such a thing anytime soon no matter how motivated... Example look at how slow (and screwed-up) the Euro is.
What's Your Non-Farm Payroll Number and Euro Rate at 9AM ET?
What's Your Non-Farm Payroll Number ?
Will the Euro be Higher or Lower than 1.3133 at end of trading today?
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If you are a new user to the DailyFX Forum, or not sure where to get started, please go to: How To use the DailyFX Forum and Introduce Yourself! Section. I’ll introduce you to the community and point you in the right direction.
Please use the “Ask the expert” section to ask me trading questions or reply to me in this thread.
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Originally Posted by melbgirl 
