Now the question is how far down this puppy will go today?

Cable Update (GBPUSD)

Yes somebody experienced please tell us what the rule is, and why it broke and should start taking off higher, then come back down? False break? How does one recognize that?

EURUSD

You are all very right. Thank you for setting me straight. When you are new to the business, and only know a little bit, you think you see from the chart that the price should go a certain way, and then everybody else and the hot shot analysts come ...

Malaysia

It did close below the counter trend line, didn't it? Signal to go short?

Cable Update (GBPUSD)

What does that have to do with fiber? Pardon my ignorance.

EURUSD

I hope you are right because I am stuck in short position and floating big time. Need euro down to rescue me out.

EURUSD

I see a reverse head and shoulder pattern for eurusd and it has also crossed over the 200 MA. Do you really think it's still in a general downtrend despite the strong upward move starting from yesterday? Many analysts are also saying euro has ...

Malaysia

You went short again? Euro has been running up all day. Any possibility it will still go down yet? Been staying above 40 for the most part for the last hour or so. Hit 63 as highest.

Malaysia

You sold euro? You believe it will still go down? Everybody is yelling euro is going up from here all the way to 1.6!!

Malaysia

You can't be serious.

Cable Update (GBPUSD)

I am stuck too. When is the sentencing coming?

EURUSD

Cute picture. But seriously, I am lost as to the direction of the pair. Thought it was headed up nicely, but sank again. Anybody can tell the trend?

EURUSD

Unfortunately there was no way anybody could've caught it and gone short with it. It was a ridiculous spike. Anybody knows why such things happen? Some big boys playing with the market?

Cable Update (GBPUSD)

It's been bobbing right around 54 for a few hours now. Even when it gets pushed around when news came out, it seems like it always goes back to that number. Where in the chart do you see that euro still has the potential to go down?

EURUSD

As expected, the general trend is down. But I am holding a high long position.

Cable Update (GBPUSD)

Cable seems to be trending downward. Is downward risk more than upward with cable? That's what all the big analysts are saying.

Cable Update (GBPUSD)

Thanks. I am going to find some time to go over it also.

EURUSD

Yes very well aware of that. Tricky business.

EURUSD

Time to switch gear and go long?

EURUSD

For some reason, it's known throughout the world as being clean. But I kind of don't agree, when you get into it. Maybe I am just too much of a neat freak.

EURUSD