Daily EUR/USD trades

Quote from Mr_Black:

Made 35 pips on this one .....:D
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Nice, I occasionally trade a WW, but mostly on a 1 min frame, 5th point provides an excellent entry R:R wise & overall calculation of targets in flag formations seems to be very good. Some will trade flags upon breakout/down of previously established High/Low, WW allows to be in a lot earlier and by doing so narrowing stop loss range. Shame that perfect set-ups do not happen more often. It's one of a few set-ups where I am comfortable trading max size.
 
Totally agree whit you. And is something else to be consider
December Price action....EUR/USD made new High and close lower
this is reversal bar pattern....!!!!!
 

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Which EU economic data influences intraday volatility in EURO? I have found a calendar @ ECB's site, just need to know which are the key reports, thanks.
 
Quote from SethArb:

the january effect in USD - EUR

according to dailyfx's kathy lien

the last 10 yrs have shown the following USD performance

against the Euro in the first month of the yr



http://www.dailyfx.com/story/specia...rts/How_Will_the_US_Dollar_1167413881627.html
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Yes, well the December effect was supposed to show USD losses to the Euro and other currencies, but that didn't exactly happen either. Despite "8 out of 10" of the last years. So don't be surprised if this one doesn't shake out either!
 
1/3/2007 8:48
Symbl Short PT PT Buy
EurUSD 1.3463 1.3406 1.3260 1.3237
USDJPY 119.49 119.32 118.13 117.51
GBPUSD 2.0041 1.9914 1.9670 1.9619
USD/CHF 1.2166 1.2158 1.2015 1.1971
for now
 
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