Why dow is droppping? Booking profits?

EURUSD

Market reacting very positively (for US$) with 0.2% unemployment drop..it is a solid fundamental news.

EURUSD

Dow has lost 50 points from its morning high..thats why i think we have dropped from 1.49500 to below 1.49. So much panic and confusion all around

EURUSD

If everyone is going long, will big players again hunt for stops to drop it to 1.48 ????

EURUSD

I agree with you Market reaction is very strong with unemployment rate dropping by 0.2%...so if US economy is on solid recovery, we may see FED interest rate decision sooner.

EURUSD

If US economy is adding jobs, it is a solid recovery because consumer spending will increase (which account for 70% of economy) which is good for US $ But how can a trend change if interest rate are near 0 and carry trade continues?

EURUSD

What has happened is sentiment change- US economy is recovering, adding jobs- so DAX, FTSE all in green and US $ getting stronger. In normal times, they are correlated..like in the morning when DAX opened in red, euro/usd was in bear grip falling 30 ...

EURUSD

One can become a millionaire within 15 minutes if news trading is done accurately

EURUSD

fresh round of selling taking place

EURUSD

Crashed...free fall

EURUSD

No bear, no bull in eur/usd. It is a range trading. The only way to earn money in this range trading is through scalping.

EURUSD

Closed the short position for 1 pip gain lol..will try some scalping.

EURUSD

On a 1 H candle, it is making new lows and lesser high. With european markets in red, i think its short till NFP sets a new tone.

EURUSD

yes it looks a a short..have shorted at 1.50650

EURUSD

Thanks buddy

EURUSD

Mate, i need to know how did you determine that last hour long candle was on a "small volume".. Is it through oscillator/momentum you are able to determine small volume?

EURUSD

FXPRO is good but does not suit me. The problem is fxpro has a 1 standard lot = 1,00,000 units and one needs to trade minimum 0.1 lot (10,000 units) in each trade. I do trade 20,000 units in each trade but i enter 4-5 positions of 4000-5000 units ...

Looking for a broker which offers web based trading platform

I see tommorow a fall- booking profits on last trading day of the week.

EURUSD

55 pips swing in last 5 mins.

EURUSD

trichet speaking..free fall..glad i have no position in this noisy enviornment.

EURUSD