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I'm off to a meeting although yes I'm sitting short (no surprise there) looking for 2850 and below before a substantial pullback to 1.3 and over. GL edit: maybe today will be dead after all - I'm hoping for some stop running....

Hey we've touched 30 already :D - time for a breather - maybe 28 or 2780?? Lets see what transpires - you'd swear I was American the way I keep on looking for South. mmm wondering what impact the US holiday will have tomorrow....

I expected some more downward probing pre - data release and FOMC - looks like you and others are betting on a worse than expected deficit number and Greenspan sticking to the orginal text. (I suppose a fair bet)

Yup - focus of the moment is those deficits - 1:30pm GMT is going to be fun to say the least.

Nice call Gringinho - Some stop running seems to be the order of the day till Trade Balance figures and FOMC is out of the way - this could go down to 28/2780

Gee, now where did I experience this before - anyone heard of the FAA (Forex Addicts Anonymous) - if not, start one - you'll do a roaring trade. (excuse the pun)

Yup amazing how those demo accounts can keep up notching the profits - I noticed you are toying with longer term trading. Good luck with this. I'm pretty confident I'll get back in the swing of things - although the confidence has taken a knock (maybe I need another holiday:)) Chinook -...

Yup - I learned the hard(expensive) way. One of those lessons that you pay way too much for - I will never forget it though. AUD - I would assume up and over 1.3 although everyone is thinking that at the moment - and you've heard what happens to sheep - they get slaughtered.... I'm pretty...

Thanks - you'll notice when I start making money again - I'll be a lot more talkative... Glad you're still mumbling - EliteTrader should start paying you per mumble. Nice Innerworth post.

This is a quote from a guy on the OANDA Experienced Traders Forum - thought it was well written and thought out OldHand Wrote: "Sorry to throw cold water on the double top scenario but, I believe, a possible head and shoulders may be taking shape with 1.35+, more likely 1.38+ forming the...

Hi Chinook, How are you doing? I'm back after the long holiday in South America and yes have been trying to get back into trading - although the Amazon I think cooked my brain - been a tough 3 weeks - hence the lack of posting as I try and get into the swing of things again (Note to all...

Rio sounds pretty scary although I'll try and stay out of harms way... Chinook - I'm still betting on EURUSD down - although this hold up has me worried - looking at the daily picture I feel more reassured. Lets see what transpires overnight - I hope EUR does not decide to test 2350 again and...

Yup I suppose we are in transit although I'd like to experience SP - I'll try your recommendation and let you know if I concur ;) - otherwise you'll have to come to "The ButcherShop" in Johannesburg and we can compare notes :) Nope - we are doing the Peru side of the Amazon - going into it...

Thanks for the great reply Gringinho. I'm surprised at the amount of Japanese in SP?? I'm staying at the Marriot - not sure where this is. I'll try out your recommendations... I enjoy good beef, especially. After the hike I'm off to the Amazon and then 4 days in Rio - should be awsome...

To play devlis advocate - maybe "stop-fetching" before the next move down... although I am biased ;)

I'm actually leaving Sat. - sleeping in Sao Paulo for two nights then through to Lima to do the Inca trail/hike. Anything decent to visit in Sao Paulo we do have one day to kill?

I held on till late this morning (my time) . EUR move to 2330 prompted me to close - pity. I reinstated the GBP at 7992 and EUR at 2260. I'm looking for some fast moves down - although as you say predictions are risky.... lets see....

All Aboard for the ride down to test 1950 - next stop 1.2120 for a quick pause to get some buyers on board only to leave us when 21 is broken - All Aboard, All Aboard!!!! :p My prediction... although I have been known to be wrong :D

Yup - I have two Brokers - one Account in EURO other in Dollars - always wise to spread the risk....

Yup - not quite the large moves envisaged. Considering an important resisitance has been broken I can't say the follow through has been impressive. I suppose the clincher would be the bounce from previous resistance i.e. 1.2280 - if this is good I'll probably go with the flow... I've...