Good morning folks, Looks like the notorious retrace is underway today. I'd expect it to be until close to the upper trend line of our downtrend, currently at about 570. My small short order I left yesterday at 495 was filled, I'll add some at the ...

EURUSD

It looks the way gold and oil and other pairs are lining up that eu is more likely to bounce from around 53, which it's hard to believe it won't reach close to considering all this bearish momentum, and then try to move back up to 1.6 together with ...

EURUSD

You don't need to heed to what the rsi is saying, just look at the chart. The trend is down on all timeframes from Daily to 5m. That's not a situation to take longs in, unless you have serious reason to believe that the price hit a major ...

EURUSD

I think we'll see near 53 too, but be carefull of buying much into lows. A retracement could happen - GU and some others are overextended clearly and euro also somewhat. Let's ride the dollar for a change

EURUSD

You know, I thought this day will suck because we'll be stuck like the 3 before, but it's turning out pretty nice. Like I was saying though the longer term downtren is over extended, we could have a retracemnt tomorrow. Would be great to short ...

EURUSD

Broke channel, going to 450 now I believe.

EURUSD

Looks like it's about to fall.. There's a sharp dowtrend channel starting with the high during the news last week. He was probably talking about this 490-510 ranging. Edit: I'd expect the drop to pause at about 475

EURUSD

Yup, you were right man. Now that we're all in agreement I think a test of 53 sounds like an almost definite too. And if we break closer to 52... Watch out, 4750 or below is next stop.. Edit: On the way to 53 though, we could indeed get a ...

EURUSD

No, there shouldn't be any rate difference according to all expectations. But we broke a year old trendline, daily 100 ema and 55 and during the previous 3 days hardly had any retracement as other counter USD pairs kept falling. Everything says down. ...

EURUSD

Sure, don't see it going any other way much.

EURUSD

Morning finian, 18:15 GMT.

EURUSD

As I see it, it may as well follow the downtrend channel, currently at 5430. Could bounce somewhat form there and then down again. Let's see.

EURUSD

Euro broke 1.55, you guys are moving to 1.94 and maybe lower after a retrace.. Good luck with the longs though... you'll need it.

Cable Update (GBPUSD)

Good night mazae Wish you sweet dreams and to wake up with heaps of green pips. Well if the smell of this corpse is actually that of a blooming rose I'll have to cut off my nose I guess.

EURUSD

Looks like it's bye bye euro (cable, aussie and the other dudes too)... Mr. Dollar is in the house.

EURUSD

Maybe Though euro economy's starting to look equally bad soon as it seems. Maybe it's a big head and shoulders we got on the charts.. and maybe it's not. Anyway I got an order standing for a short right below 55 as if it gets there I wouldn't be ...

EURUSD

I longed cable yesterday at the channel low and screwed up abviously, good thing it was small and I averaged down further a bit on retraces. Anyway don't see ANY reason to long it yet. The technical channel breakdown target is around 470-480 (about ...

Cable Update (GBPUSD)

I scalped like 10 pips and closed. Now on the current dip I longed again and left it on a separate sub-account (as you can't trade both way on Oanda). If I'm wrong I'll loose 40 pips on a small sized order and get it back easy by shorting below 55, ...

EURUSD

Morning folks Just woke up saw the chart and had to place a long I wouldn't be surprised at all if I screw it up, but then I bet I'll make it back in a few minutes on the fall below 55 and then some.. Good stuff EDIT: lol That was quick!

EURUSD

ALTRADER, Sorry mate I just realized I told you I got 8 and 21 EMA, and I actually got 8 and 21 WMA. You pm is turned off I guess so hope you see this. Acumen, Very good results man. If your largest drawdown ever was 12% don't you want to consider ...

EURUSD