What Are You Watching Today ?

[MightyMouse 12]

Some more follow through in the Euro would be nice. I have been short for about a month. I am expecting a long term revaluation of the euro usd pair. As the US economy strengthens, it will simply make more sense to leave money in dollar denominated accounts instead of the weaker EZ accounts.

 

A break below 1.3 by Friday would be nice. If it does break below 1.3 it will probably stay there for a while. The only way to be safely short with the euro below 1.3 is to be short above 1.3

 

While we are above 1.3, this is all wishful thinking..

[Obsidian 10]

EUR/GBP is still bearish.....

[Mysticforex 13]

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Gbp/jpy:

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[Obsidian 10]

only around 0.5-1% of my trades are usd/jpy and jpy crosses. this week i traded jpy and crosses more than I did in one year

 

keeping an eye on chf/jpy and eur/jpy to short again

[Mysticforex 13]

GBP/JPY... Looking for a little bounce on the 5 min.

[Obsidian 10]

today I am watching:

[Mysticforex 13]

Europe on holiday. Worse than expected NFP. I don't think we are falling off a cliff, prob a "Buy" opportunity. Not today though, will be watching GBP crosses tomorrow.

[Mysticforex 13]

As Stated yester day, I will be watching for a buy opportunity on one of the GBP crosses, probably GBP/JPY.

[Obsidian 10]

lets see which way it will go

[Mysticforex 13]

Noticed A/U playing with 103 this overnite. To night we have monetary policy minutes and new vehicle sales.

 

We have some big GBP numbers later in the week. I am watching G/J and G/CH.

 

Also, it's earnings season again. Should be an interesting week.

[MightyMouse 12]

Euro stuck a toe beneath 1.3 and is currently breaking my heart. Let profligacy prevail!

[Mysticforex 13]

Euro stuck a toe beneath 1.3 and is currently breaking my heart. Let profligacy prevail!

 

I know the feeling well. :doh:

[Obsidian 10]

this may be the last bounce to 1.3100...until it closes above 1.3206, sell on rallies

 

today had a chance to short gbp/aud earlier. now closed 1/2 for 35pips, moved s/l to b/e and tp to 1.5190 for the rest...

 

guess this will be an interesting week...

[Obsidian 10]

Yesterday's candle says eur bulls won't give up easy

 

meantime, aud/nzd (long), usd/cad (short), eur/gbp (short) seems fine for a couple of weeks

[Obsidian 10]

..., aud/nzd (long), usd/cad (short), eur/gbp (short) seems fine for a couple of weeks

 

slow moving pairs but they are moving in the right direction

eur/gbp is good for a couple of months, or till it hits 0.7960

[Obsidian 10]

EUR/USD lower on:

"Hollande says he would not ratify the EU fiscal pact as it stands without changes"

[Mysticforex 13]

Watching GBP/JPY... it has now recovered all the ground lost since this AMs drop on news.

I have a line on my chart that is several years old. Truth be told I don't remember why I first put it there. 13183. Above or below the line usually signals a game change for gbp/jpy

( I am rounding up to 13200 for simplicity ). A close above and I will shift from nuetral to bullish on G/J.

[Mysticforex 13]

EUR/USD lower on:

"Hollande says he would not ratify the EU fiscal pact as it stands without changes"

 

In France, the pollsters projections of a Hollande win over Sarkozy proved accurate. Should their prediction of a six to ten point victory in the run-off on May 6th again prove correct, France will have a new leader, and German Chancellor Angelo Merkel will be challenged to find another stanch austerity supporter to replace Sarkozy.

 

What has yet to be determined is weather this was a Hollande victory or merely a rejection of Sarkozy, whose term began one year prior to the financial collapse of 2008?

[Obsidian 10]

I wonder what Merkel will do when Sarkozy is gone...

 

from an article I read earlier today:

“Merkel has led Europe with Sarkozy and we can measure the results,” Hollande said. “If I am elected president, there will be a change in the focus of Europe’s construction. Enough free market, limitless competition, enough austerity. I want a serious budget. I want to restore public accounts, which have worsened in the past five years. Austerity for life? No. A rigorous budget? Yes. I will renegotiate the treaty, Merkel knows it.”

[Obsidian 10]

nzd/usd daily chart..STILL consolidating :missy:

[Mysticforex 13]

GBC/CHF... entered when I saw obvious upward movement,, exited @ Daily Pivot.

I will be watching again tomorrow, A close above 14800 is significant.

[Jack Francisco 10]

Gold is continuously go upwards, before trading on gold be sure you have enough margin money. U will make a lot of money

[MightyMouse 12]

Hopefully, the Euro is breaking down. I have been short for almost 2 months. I still firmly think money is going to flow out of the the EZ and into other more stable currencies. Superficially, I do wish I chose the eur/gpb instead of the the eur/usd, but I am not comfortable with my understanding of the British economy.

[Obsidian 10]

Hopefully, the Euro is breaking down. I have been short for almost 2 months. I still firmly think money is going to flow out of the the EZ and into other more stable currencies. Superficially, I do wish I chose the eur/gpb instead of the the eur/usd, but I am not comfortable with my understanding of the British economy.

 

They simply don't use EUR :rofl:

[Mysticforex 13]

I am long gbp/jpy @12995... currently -20 pips or so. TP 13090.

 

I had a nice gbp/chf long yesterday, wouldn't mind taking another if given the opportunity.

 

Standing aside on Euro at the moment. I have an opinion on what's been bouying the Euro... don't know if it's valid... I don't know enough fundies or economics.

I will post on it later in the eur/chf thread. maybe someone can give a little insight on it.