7/8 level-yelow line and +1/8 white line:…

Hello friends,  ... new tag line :)

++ I think only breakout and breakdown strategy should be applied for EUR/USD this week.

++ My trading plan here included template file for MT4…

SUMMARY: NEUTRAL

KEY AREAS:

• 1.35
• 1.33
• 1.31
• 1.29
• 1.27
• 1.23

TREND: NEUTRAL BECAUSE THERE IS A MARKET MISALIGNMENT

                  + ETF METER BULLISH

VOLATILITY: EXTREME LOWER LEVEL, ENTRY…

EUR USD on bearish channel now. Watch 1.3156 area and if that breaks then the first target will be 1.3071 and the second target will be 1.2985 - 1.3009 area. and one can look for long position from these levels with SL…

Trading Plan EUR/USD when price hit the line at bullish area.

Content :

Template for MT4 - H1

tradingplan_eu20121228.tpl…

More trading plan can be found here and just for share.

Regards.

HIGH RISK WARNING

Behind high rewards you can get it, realize that foreign exchange trading carries a…

Risk off

Much to the chagrin of the Japanese Ministry of Finance and the Bank of Japan, the markets have taken an aversion to the data released over the past few days and risk is back off the table.

Having had a brief look at life above 80.00 and 104 we now see the JPY strengthening. It will be some time before the Japanese authorities considering intervention but tactically they may have missed an opportunity while the market was looking at a weakening JPY.

The Euro has…

Please wake up!

I’m impressed by the performance of the Greek government, by the willingness of the coalition parties in Greece to undertake whatever will have to be undertaken in order to respond to our wishes,” Luxembourg Prime Minister Jean-Claude Juncker told reporters in Luxembourg late yesterday after chairing a meeting of euro finance chiefs.

I just read that statement on Bloomberg. I wonder what he is impressed with. Oh yes, their willingness.

“It’s time to…

Yesterday’s move higher for the Euro bore all the hallmarks of “we have heard it all before” for me.

Sr Dragi is like the little boy who cries wolf. Everyone believes him when he says “this time, we really are going to solve the crisis”.

Everyone believes him (as he is a creditable man who I am sure believes the crisis is solvable).  The euro rises and then everyone either realizes that he doesn’t have the tools to solve the crisis or another of the “Eurozone leaders”…

In 2008, when the financial crisis was taking form, it was the US who sneezed and the world who caught a cold. This principle still applies, but now the US is slowly emerging from sickness while the euro zone still deals with the very real issue of a potential breakup, in one form or another. The US still has many issues, debt being one of them, but the States have the benefit of being a single country that can act in unity -- and the euro zone is not.

As far as the markets today go,…

i feel eurusd has rising wedge pattern targeting towards1.3075     pair has strong level 1.31 and 1.3070  and resistance @1.3160 ,1.3210

if pair breaks below 1.3070 (where brown line appeared in chart below) then futher downside will extend to 1.2950…

I feel eurusd pair has formed rising wedge pattern in 4hr chart. if eurusd manage to breaks below 1.32 then will resume selling pressure towards1.3080,1.3030     pair may find resistance @1.33 and 1.3370 

i feel yesterday's candle is doji and couple last two day is spinning top it…

We are about to start the live market analysis for the Asian Open.  Today I plan on discussion the AUD/USD you see here, as well as the EUR/USD

Join Me Live | …

The Commitment Of Traders Report from December, 2011 showed large traders heavily longing the US$. But they were 25% less long on US$ in the latest January, 2012 report. So we may have a "risk-on" environment for the next few periods.

Between C.O.T. reports, JPM is a good barometer of risk, the critical level being its October 27, 2011 high of about $37.50. If JPM fails to reach or sustain above $37.50 soon, a "risk-off" environment should return.

The preferred pair during…

As technically i think that down trend is started for EUR/JPY so ,be care yen is so stronger than eur,fundamentlly this year top eur can test bottom so keep long term invested in shorting eur jpy…

Ok traders this may be a rather lengthy post but I want to give all the analysis of what I see on the horizon.

Being that tomorrow is Friday in which a day I don't like to trade or rather enter longer term trades I will still proceed as normal.

Looking at the chart above which features the NZDJPY on…

EUR 3month LIBOR up 1.3bp to new high at 1.203%. 1.25% next

EUR 1year LIBOR up nearly 1bp, 2.00% target from March 2009