Obsidian

bored forex traders? anyway, since I am here, some info for beginners: -How much in dollars is this movement worth, for example, per 100,000 Euros in EUR/USD? (one pip, with proper decimal placement / currency exchange rate) x 100,000 (.0001/1.2550) x EUR100,000 = EUR 7.97 But we want the pip value in USD, so we then must multiply EUR 7.97 x (EUR/USD exchange rate): EUR 7.97 x 1.2550 = $10

I am not saying anything different :rofl: besides there was nothing I could do..it was full moon so there was a nice gold rally...that pushed aud/usd up... for today I do not think there will be enough volume to push higher...the bears are camping at 1.0300 p.s. I prefer if/then sentences

this sounds crazy :rofl: thanks for sharing SIUYA, was tired of staring at screens

consolidation continues...though bullish momentum is fading... with US markets closed, tomorrow will be a boring day I guess...

up up up? got no sell signals (even a short-term one) since Friday...

happy holiday and happy trading! wish it was holiday here my analysis says very similar indeed...after a close above 1.2700, it is likely that eur/usd will climb somewhere between 1.2840-1.2880 imvho

thank god it is just $8777 :rofl:

eur/usd just does not want to go down:roll eyes: getting help from crosses as well I guess...eur/gbp is holding above 0.8000, eur/jpy is above 100

Summary of open orders and positions:

I read an article about people expecting .75 cut within 12months. my guess is .25 may not be enough to reverse. However, 1.0250/70 zone is an important area, if cant pass it, we will test 1.0175 imvho

eur/aud hit 1.2280 today, will probably find some support at this level aud/nzd, waiting patiently for a breakout...currently 4h chart is bullish and 30m chart is bearish...

US & EZ Manufacturing PMI

eu unemployment numbers

Welcome back, glad to see more people in this part of the forum;)

There were news about Finland and Netherlands will block ESM bond buying in secondary markets. I think I won't be touching EUR/USD till ECB rate announcement.

I do not think you will get any replies...another forum flooding mentor :rofl:

Japan Tankan Survey & Australia PMI charts

another article worth reading... Germany

they are just buying time... two things come to my mind... will the ESM/EFSF have enough capital? how will this help to Portugal, Spain, Greece etc? how about growth, unemployment in those countries...even if they could find money at 0%, they can't pay their debt when the country produces much less than it consumes

Guess things depend on the situation. I can say that studying the charts make such decisions easy. During the weekends I go over the charts again and mark important levels. I calculate possible entry levels (also sl, tp, sar levels). If you have a plan each time you open a position, it would be easy for you

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When I traded stocks I had a list of companies which I studied well...I would trade those only... There were times that I tried to dive in the waters that I don't know, usually ended up with a loss...then I never traded an instrument which I didn't know it well... I trade on forex market now but I still follow that rules...I monitor around 20 pairs and trade those only...If they are not moving, I simply wait...

Speculators Recharged Their Short EUR Bets With An Additional Dose: eFXnews : Speculators Recharged Their Short EUR Bets With An Additional Dose

E-mini SP500, 2 year & 10 year treasury notes:

Weekly charts: EUR-GBP-CHF-CAD-JPY-Gold-Silver: