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Gold is off a tad.

One thing I always find interesting with the futures market.... there is an intense battle going on right now at the 1.2000 level for control. Spot traders can watch and see who wins here. If you did not watch Euro FX then maybe you are losing a valuable edge in trading.

Waiting for plane in Philadelphia so not my best effort. This is the 1% regression chart. If the bottom of this channel draws price, then it could go lower. Of course, it could go higher or sideways too.

I have been long this pair for a while and I am sure this had nothing to do with it, but I had price hitting a key technical point at this time also. I use some long term regression channels and it reversed right at the mid-point and I can now see an extended move down may be possible. I...

First price needs to get above 1.2016 and hold. Things don't look real peachy right now. I am focused in on 2131 ish but and that is my target. However, there are two good targets before that in my opinion would be good exits prior to this level if reached: 1.2053 area 1.2088 area If...

Mike, This is logical and probably the best view. I am just illogical. It's the only way I have learned to be profitable. I see the 1.2131 ish level as a key test in the near term. If in fact we ever make it even close to this. You will probably take all my money. DRT

Good trade Steve!! You know....... Depending on how things play out this week. This could be a really big bounce in my opinion. I still think the downside is coming, but I can see some major upwind possibly. I am thinking maybe 1.2571 first, then onto Parity. :p Nice Trade. I should...

This was fairly interesting.... Dollar Climbs on Follow-through Buying by Korman Tam The dollar was sharply higher in New York trading, rising towards Friday's highs against the euro near 1.1955 and a one-month high versus the sterling at 1.7430. With a dearth of fresh economic news from...

If we do move up, we are going to have to get thru the 1.2022 area. I suspect there will be some downward pressure here.

Well price is hovering around 1.1977 as I type this. I know it is against the trading god rules, but I moved my stop out of the way of the low which was 1 tick below my stop(Go figure). I still like my long postion at this point. I got filled at 1.2006 and at 1.1983. Sitting Long for now...

The View Down River Sunday 2-5-2006 EURO FX (EC) Let's change things up. Here's my plan for the start of the week if price action moves back down.. Long @ 1.2006 T1 = 1.2088 T2= 1.2131 Stop 1.1971 A better entry if you can get it may be 1.1983. I may put half on at 2006...

You could start trading monthly charts. Then you would get bored and go do something else. he he. my eyes burn all the time.

The View Down River EURO FX (EC) Week Ending 2-3-2006 I exited this trade today @ 1.2027 for a 133 point profit per contract. My long term views have not changed at this point. I am standing aside until I have confirmation of the move down past this point. I saw a couple things...

Nice Trade!!!!

Well.....here is the picture after the payroll release on Euro futures. Just like spot yesterday we are at the bottom of the channel and there will likely be many who want to buy here. Spot did exceed the bottom channel. I am watching to see if it jumps back in today. Good place to buy EC for...

Something tells me we may have to endure one more move down. Hope I am wrong.

The Big Data Report Well here we are....enough said. My gut feeling on this (and it is only traders intuition) is that the report will not be as great as everyone is thinking and we will see a reaction to buy Euro. In a way, I almost hope this happens. If this occurs and we move up, I am...

Spot a good buy here? Or fighting to stay afloat?

Thanks. I guess I was looking for more than just the ECB news, but I did not realize they had the webcast as an option. Appreciate this!!!!!

I need some advice on how to follow ECB (and other Worldly announcements) more on a real time basis. I don't trade based on what they say, but the lack of information that I have is pretty bad. I listen to Bloomberg, but this is terrible for real time. I subscribe to IFR news. How do you guys...