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    Wallace Euro Trades

    Wednesday Jan 5 session: 8:15pm not surprisingly the Daily is registering as a down day the 4H04:00 bar is on the edge of adjusted support; will the price hold the 1.3269 support level or drop thru it, probably drop. the next level is 1.3234 where there's also prices support, then the...
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    free 'Currency Trader Magazine'

    in case you didn't know about it: http://www.currencytradermag.com/
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    FXCM Unveils Free Forex Digital Expo

    hi Jaclyn, would you post the link please
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    Wallace Euro Trades

    Tuesday Jan 4 session: 3:00am Everyone's back at work Fed Minutes will be released at 2pm EST +/- expecting the price to begin to decline in the next couple of hours into the close maybe to 1.3282 , 1.3269 however, I've had a tendency to expect the price to correct a lot lower than it...
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    Wallace Euro Trades

    Monday Jan 3 session: 6:30am price has held up quite well, but it's likely to drop again to either form a base around 1.3269 or drop to the lower level of 1.3234 , maybe 1.3195 Sell is on 6:40am oh ! I'd better add since I'll be asleep at the Close/Open that if the price bases at...
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    Wallace Euro Trades

    Monday Jan 3 session: 00:00am the current correction is I believe of the whole Dec 23-31 move, and will possibly go down to the 1.3234 area, possibly just above it ? - 1.3239 ? a larger question remains 'has the uptrend topped ?' what I should have done last Friday is said 'correction...
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    Wallace Euro Trades

    Monday Jan 3 session: Sun 1:30pm there's two major scenarios for the eurusd: - major Up trend, the price will equal or break the previous 1.43 high - major correction, the price will turn Down and break the 1.30 low I favor the correction scenario but for how much longer and higher is...
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    Should I take the leap and quit my job to trade full-time?

    the first thing Laissez Faire is you've got a 'hair up your arse' about trading - daytrading and letting it rule you won't be got rid of till you are daytrading or have daytraded it's possible that were you to trade 2 full days a week you'd get rid of the hair but there's the other problem...
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    Should I take the leap and quit my job to trade full-time?

    besides wondering what the op's employment/work may be there's also a question of age and marital status and whether there's any children, tho doesn't sound so I wonder how many people have a gambling enzyme in them, and odd cell or two that attracts them to daytrading, and daytrading...
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    Wallace Euro Trades

    Friday Dec 31 session: 5:30am - last update this year the last HH passing the 1.3365 level to 1.3389 may have been one leg of correction that might see the price drop to . . . 1.3349 ? or back to the lower level 1.3334 and taking until bar 15:45 to do so, although 15:05 is also a...
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    Wallace Euro Trades

    Friday Dec 31 session: 11:30pm the price has broken several resistance levels and doing running corrections in the direction of the trend, an obvious strong move notwithstanding the holiday week and still low volume on the 6E having broken the 1.3334 and 1.3365 resistance levels the next...
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    'Intel Launches Tiny SSDs'

    "Intel has announced the arrival of a new family of solid state drives called the 310 Series which complements the existing range of X25 models. . . Two drives will be available in 40GB and 80GB with reads of 170MBps and 200MBps respectively with writes of 35MBps and 80MBps; . . ...
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    Difference between eSignal and Zen-fire

    http://www.rithmic.com/rithmic_sol.html
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    Wallace Euro Trades

    Thursday Dec 30 session: 9:00am will make this the last update for this session and it may serve for the opening of the Friday session - in case I'm still asleep with the presumption the price won't make a new high, has rather started a correction I'll suggest that the price will fall to...
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    U.S. changes how it measures long-term unemployment

    dandxg, no but the chart's accurate, based on the BLS's data some more charts including US 'Mean Duration of Unemployment' http://en.wikipedia.org/wiki/Unemployment
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    Wallace Euro Trades

    Thursday Dec 30 session: 1:30am Jobless Claims - 8:30am EST . . . . . . . . . . . . . . . . . Prior . . . Consensus . . Consensus Range New Claims - Level . . . 420k . . . . . 415k . . . . . . . 414k - 425k this week's 'seasonally adjusted initial claims' may be low since they're...
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    Wallace Euro Trades

    Thursday Dec 30 session: 6:40pm the Daily chart suggests to me a rally continuing till Wednesday next week with the price going to 1.3434-1.3462 . the Dec 14 HH was 1.3497 and higher resistance is at 1.3534-1.3459 - - not to say Wednesday will be the top. more longterm review on the...
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    U.S. changes how it measures long-term unemployment

    thanks hippie, good find here's a great chart of the U-6 rate - topped or going up again ? http://portalseven.com/employment/unemployment_rate_u6.jsp?fromYear=1994&toYear=2010 BLS's 'Alternative measures of labor underutilization' http://www.bls.gov/news.release/empsit.t15.htm
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    Wallace Euro Trades

    Wednesday Dec 29 session: 7:30am I can see a small drift sell-off maybe down to 1.3090 or so area or only down to the 1.3110 by H18:00 , then a rally into the close to 1.3160s, maybe 1.3180s there is too the possibility the price has completed a reversal formation and is now on its way...
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    Wallace Euro Trades

    Wednesday Dec 29 session: 8:00pm I'm expecting more downside, when will it begin ? the shortest period I have is the 4H04:00 bar, maybe starting at H05:15 but I could be underestimating the price/trading and it could take a lot longer to go up before reversing if the price were to...
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