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  #1241 (permalink)  
Old 07-03-2008, 08:44 AM
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here we go above 212.50!

ER I meant 211.50
Last edited by rrram2; 07-03-2008 at 09:24 AM.
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  #1242 (permalink)  
Old 07-03-2008, 08:46 AM
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Quote:
Originally Posted by rrram2 View Post
If I am going to be required to upload images elsewhere I may as well,
run my own forum on my own webservers.

Its been years since I have ran any forums.
I have a forum already set up on my site, anyone is welcome to use it and I also have a live chat that can be used anytime people want to talk in real time. Let me know if interested and I will set up a special (hidden) page on my site that will have links to forum & live chat.
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  #1243 (permalink)  
Old 07-03-2008, 08:47 AM
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ECB: 4.25%. EUR positive, $ negative. Nothing unexpected, though. Trichet will be speaking, though; and his comments will probably have more market-moving potency than the rate announcement itself.
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  #1244 (permalink)  
Old 07-03-2008, 08:48 AM
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Default Out for now
Closed my last position at 211.60, now I am flat going into the news. I hope it drops 100 pips as per rrram because then we can ride again
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  #1245 (permalink)  
Old 07-03-2008, 09:00 AM
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NFP is more important for our purposes here, but if you want to watch Trichet's speech live, it's streaming at 0830 ET here:

http://www.ecb.int/home/html/index.en.html

The market is more concerned with the speech anyway; retrace on the run-up from June 25 @ 1.55 is muted. IF NFP is worse than expected and Trichet comes off hawkish, the dollar could take a bit of a dip.
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Old 07-03-2008, 09:17 AM
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back to the bottom ascending trendline line of the triangle at ~211 even. A good time to buy, if we weren't in such a precarious place fundamentally!
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Old 07-03-2008, 09:27 AM
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Default Oh trust me she will be dropping
I dont think they can fudge the NFP numbers.
ADP looked pretty bad pointing to a bad or worse NFP.
And expected is bad. And what you will get is worse than expected I think.
So count on the downward thrust with great speed before she flys back up.

It is best to have your orders in already!

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Closed my last position at 211.60, now I am flat going into the news. I hope it drops 100 pips as per rrram because then we can ride again
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Old 07-03-2008, 09:30 AM
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Took a +31 pip day trade there off the ascending trendline. No time to be messing around, though. But yes, the consensus with ADP so far off is that we'll see a USD drop, even if it isn't as drastic as ADP suggests.
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Old 07-03-2008, 09:31 AM
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w00p not so bad on anything she may not go down too far I am out only -62K with expected -60K isnt as bad as I thought so maybe 50 pips ttyl
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Old 07-03-2008, 09:43 AM
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I missed the drop to 211, was walking the dogs .. but caught this last one .. she is really living up to her nickname as the Vegas Pair this morning
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