Obsidian

SIUYA and johnw, thanks a lot, I got it

each trader got their own style of course I just prefer ichimoku because I think trend, support and resistance concept is more accurate when you define as a zone more than a simple line.

a weekly close above 1.30 would open doors to 1.42?

I think they would not waste any more yen for temporary dreams

Did you try ichimoku?

I was reading an article about EU summit today and it made me wonder since I am not familiar with bonds Why do others push for euro bonds and why does Germany stand against that?

Uk cpi & rpix............

Yes...and I also think that fundamental information is not for day trading. If you are holding a positions for weeks-months, it should help though... and the day that you determine the trend may be the day it reverses

This week is in deed a good example. I don't short eur ahead of EU summits. although these summits never solved the real problems behind this recent situation, there are people who hopes that politicians will do a magic trick...of course this is the nature of market and necessary to cause price movements...

Every piece of information helps but having-using all of these tools are not completely necessary to come up with a trading plan...there are times making things complicated won't help...besides does it really matter what ingredients you use as long as the output is nice

the market is back to "hope" mode...u.s. will be sold till eu summit... meanwhile I will be keeping an eye on the aud/nzd for future opportunities... jpy crosses look interesting...though I am not going to touch to jpy till Wednesday. Want to see if BoJ got any other magic tricks...

Summary of open orders and positions:

I would say the same, that depends on your time frame

ask around before you open a live account. since live and demo servers are different, you should be careful. safety of your deposit is the most important thing (and being regulated)...

Forex !.............................

not surprisingly touched 1595 as well, weekly is a nice hammer. 1613 and 1640 will be important levels to watch..

Iran-U.N. negotiations will continue on Monday..just a reminder...

I pay attention to what the market is paying attention Europe was a mess one year ago, still is

Speculative traders on the Chicago Mercantile Exchange set a near record high for their bet on the EUR's fall, data from the Commodity Futures Trading Commission showed on Friday. Traders increased their open short EUR position by 18% from a week earlier to reach a net of $27.7 billion - near the record high of $28.1 billion - as of Tuesday. That is inline with the market's general negative EUR sentiment given that the likelihood of Greece' EUR exit has increased significantly during the last 2 weeks. Moreover, The new round of Greek elections is likely to put more pressure on the EUR. "It is perfectly possible that policymakers may lose the initiative, particularly during coming weeks of weak government and strong political uncertainty in Greece. For example, there could be a further acceleration of deposit outflows from the Greek banking system," Barclays Capital said in a note. Traders also added heavily to their open long USD position as they increased their bets on the dollar rise by 38% from a week earlier to reach a net of $28.3 billion, according to the report. CFTC's data also showed that traders increased their open short CHF position by 58% from a week earlier to reach a net of $3.5 billion. They also decreased their open short JPY position by 17% to reach a net of $5.3 billion, the data showed.

If gbp was not so weak lately, gbp/chf had a nice potential for 1.56..

2 year & 10 year treasury notes:

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

seems like finding exit points are harder than finding entry points?

Summary of open orders and positions:

weekly jobless claims.....