ItalianSharp, interesting post, but here is where I disagree. U.S. market while still very important, is losing its share in the world economy with accelerating pace. BMW (which I am a fan of), Mercedes, french wineries, and European tourist ...

EURUSD

What a nice drop! Added another long at 1.5918

EURUSD

Exactly! A coy crawl in the quiet market hours, than sudden breach of stop losses for 50-100 pips in 10 minutes - the usual EUR/USD of 2008 :-)

EURUSD

Long @ 1.5948, take profit at@ 1.59949 just to play it safe

EURUSD

I expect euro to break trhough 1.60 after the US market closes today, i.e. between 6 and 9 p.m. EST. That's how the bulls had taken all the other spectacular levels - 1.45, 1.5, 1.55... In the quiet after-hours market, when noone was looking :-)

EURUSD

It's been a nice and predictable rally in EUR/GBP. Again, the most reliable strategy for the pound - go long on dips to 0.7950 with target just below 0.8. The beauty of EUR/GBP at the moment - very strong trend, not dependent on USD, and supported ...

Cable Update (GBPUSD)

The speculation in the first half of the week will focus on highly probable rate cut by the UK. Therefore, the safest bet would be to go long on EUR/GBP - it has been in a very strong uptrend for ages, and no matter where euro goes this week, ...

Cable Update (GBPUSD)

FXGenius, I am range-scalping for 10-20 pips in this dead market before the start of the Asian session. As for the up-trend I expect it to resume 2-3 hours before the NFP announcement

EURUSD

added short at the daily central (1.5684), and at GBP/USD daily pivot (1.9963)

EURUSD

Going short now (1.5660) with a target @ the daily pivot (1.5639) + 2 pips Upside potential has been exhausted until tomorrow US NFP announcement

EURUSD

Yes, I already went short @ 1.5860. It has just reached a former support now resistance on a daily. Plus, USD/CHF is in consolidation pattern (on a daily) around parity. Looks like a pennant that will lead to a break further down

EURUSD

Of course, things are getting produced - in smaller and smaller amounts, and mainly for internal consumption. Most of the US GDP now consists of internal services (between Americans). Dollar banknotes have become the main export product, and they ...

EURUSD

Bernanke Sr, Your conclusion is completely backwards... Dangerously negative US trade balance is roughly equal to the prices of all the oil the USA has to import. For a non-producing retail economy (like the USA and the UK) cheap currency means ...

EURUSD

Here is a nice plan - long on EUR/GBP at 0.7888. This pair has corrected and hit the new support - the top of the previous consolidation.

Cable Update (GBPUSD)

You can view basic charts with very few tools at netdania.com

EURUSD

tdion, since you are looking at 30-years time scale, and considering the current state of affairs, default on the US Federal debt within the next 5 years is of very high probability. And yes, the USD/CHF can drop 10'000 more pips then. The USA has ...

Silly Trader... When will you learn that fundamentals are the only way to trade?

Looks like it bounce off the 1.9851 support, I am shorting at 1.9870 right now for a break to 1.9825 target. Will add at 1.99 if it gets that high (1.9910 - next resistance)

Cable Update (GBPUSD)

1.9820 is not the perfect stop loss. The support levels for today are: S1 - 1.9851 mid-point 1.9806 S2 - 1.9761 Therefore, once it breaks below 1.9851, the next target will be slightly below 1.9820 - at 1.9806

Cable Update (GBPUSD)

It might, There is also a nice head-and-shoulders pattern pointing for a break to 1.59. However, I doubt anything major can happen on this slow Friday. Recently, EUR grew a habit of bad performance starting on Friday European session. Profit taking ...

EURUSD

Still, selling on approach to 1.5785-1.5790 area will give you 10 pips profit every time. There is no potential for significant break north considering the double top on the daily. I am short today, several times short. Target - 1.5766 every time ...

EURUSD