EUR/USD

Hit the S1 level again although it went down to 812,its not time yet for London close so I suspect its a false move,I think we will test
800 or 795.

German CPI was lower than expected,on the daily chart it looks like we are going lower,next major support I see after 795 is 515

781 we took a buy signal up to 820,trading is looking pretty slim now,we will soon see a push in one direction,more likely downward,I wouldn't be long until we see further weakness maybe a retest of 781,price rejection at 837 spike through BB looks like a sell signal.

China suspends share trading,tomorrow will be a further test of confidence,if we see a slow down to 5% china is screwed and so is every other country.

No trades today so far,china is the news again,plus VW fine by US ,major support areas will get tested yet again,any signals will be difficult to trust today.Some scalping later if I see some strong level support.

My trade from yesterday 710 just paid off,795 closed out,FOMC meeting boost for the Euro.

What a day yesterday was,I got knocked out a few times,lucky I had tight stop losses,my last trade paid off.I went short at 925,stop loss 930.I was expecting to see further weakness when the Asian market would open,which it did.I closed out at 870,maybe a bit soon as I see further weakness now,can't be to greedy!

So what do I make of NFP today,I think we will see lower numbers than expected or as expected,but it looks like the market is already pricing in weaker numbers,I suspect a rise in the euro,we will watch for the trend after the numbers,7-10 mins after.

Well that was a surprise,better numbers than expected,did a low risk straddle trade which did catch 40 points on the spike down,closed out right away,710 would have been a much better bottom though.
 

I caught about 30 pips on the movement up. Range continues though and the way it's going next week won't be any different.

dianajs posted:
I caught about 30 pips on the movement up. Range continues though and the way it's going next week won't be any different.

Well done,hope we catch more next week.

I think the Euro might start to turn around near European close,I will be keeping a close eye at 3:45pm

we took a long at 854,Fridays open price,we might get a few point here,be ready to close out on any weakness,as the long term trend look bearish.

We just closed out at 895,nice long trade from 854,hope you did good to guys.

15 handle pull back we might go higher,I'm closed out anyway,more downside risk than upside at this level.

Eur/USD still looks bearish,I would like to see a push down to the 710 level again before I would go long,my short level would be 960 level .

Bearish push ,closing out of positions ,this is my favourite time of the day 15.45 hope you are short guys.

One of my female students made 50 points today,her winning ratio is 7 out of 10,pretty good for a newbie.

Better numbers than expected out of Germany,US T notes yield higher,Euro stocks got a bit of a bashing,ECB sceptical about further easing,Euro took off before any numbers release based on the news above,I presume.

Still long on eur/usd from 900,looking for a break through to 965,if we hit that level I'll go short.