Chinook's EUR/USD (E/$)Mumblings

[V-Viper]

Yea I think I'm being more of a "swing" trader, at least thats where I make more money, on the big moves.

I got sick of getting stopped out on the up and down moves one a day's 100 point gain.

30 pt+ stop loss isn't to "crazy" for a swing trader correct..

 

[chinook]

It's time for my 90 minute nap

 

[chinook]

I'm hoping for a volatile day today. Let's see if Greenie's mumblings will stir the $.

 

[chinook]

I'm long from 1.3022, added more at 1.3042. Euro might fly today!Madness!!!

 

[chinook]

It's awfully quite here now. I hope no one is going against this mania.

 

[V-Viper]

I'm going to wait for a pull back then buy in. Whens the news?

-Looks like it has run out of steam stuck in the 50s - 60s

 

[chinook]

Quote from V-Viper:

I'm going to wait for a pull back then buy in. Whens the news?

I think it's (speech) happening now....

 

[V-Viper]

I haven't gotten a confirm in a turn around singal but I'm icthing to short it but I might sit out.

 

[chinook]

50 seems to be holding up OK so far.

The pullback volume was relatively lower so I'm expecting at least one more shot upwards.

 

[fandelem]

Quote from chinook:

50 seems to be holding up OK so far.

The pullback volume was relatively lower so I'm expecting at least one more shot upwards.

Thomson reports:

"13:36 EUR/USD: Greenspan Uncovers Our Dirty Secret] Boston, November 19: The
passage that strikes closest to home from the Greenspan speech was the line
about forex forecasting being about as accurate at a flip of a coin. Now that
our secret is out, we can turn to the substance of his remarks. He makes clear
that he sees the current account deficit as unsustainable, a stance the other
members of the FOMC have been harping on for the last several months. He does
not see a crisis as imminent, however.
EUR/USD has firmed to 1.3050 after his remarks. An expiry at that level is
seen this morning, and may help limit the upside trough 15:00 GMT."