(Live EUR/US Futures) Update 11:56 GMT +1 Random comments: 1. Waiting for EUR German Factory Orders m/m. It's expected to support a stronger euro... 2. After that my feeling is that Europe is going to get to the trendless lunch time period until US open jjrvat
(Live EUR/US Futures) New Update 12:05 GMT +1 Random comments: 1. EUR German Factory Orders m/m (-1.0). BIG NEWS... not only lower than expected but NEGATIVE. Stronger dollar in the short term? or the market will wait for ADP Nonfarm Employment Change? We'll see. jjrvat
Today March 7 2007 European Session: (Live EUR/US Futures) 12:08 GMT +1 (Update Trade 2) Trade 3 1. 12:07 AM (131.31). Price below 36 SMA? (No) Short (No) 2. 12:00pm EUR German Factory Orders m/m (-1.0%) 3. M2 BB hit? (No) M2 RSI oversold? (No) Daily pivot hit? (R1 131.42 Up / M10 36 SMA 131.30 / pivot 131.18(yes) Status: Waiting for confirmations to go short jjrvat
Today March 7 2007 European Session: (Live EUR/US Futures) 12:38 GMT +1 (Update Trade 3) Trade 3 Cancelled 12:38 Price (131.32) Reasons: 1. Europe is going to lunch time (me too) 2. Price moving around 131.30 for too long Random Comments: 1. Although, the charts seems to show no chances to go down in the short term. I still think there is going to be one more pullback to the 131.20 area before US open... We'll see jjrvat
Today March 7 2007 European Session: (Live EUR/US Futures) 14:00 GMT +1 Random Comments: 1. The charts were right and I was wrong in my prediction. No pullback to the 131.20 area before US open. In any case the system couldnât allow me to go short: Price below 36 SMA? (no), M2 BB hit? (No), M2 RSI overbought? (No) ⦠Status: waiting for 14:15 GMT+1 ADP Nonfarm Employment Change Report and US open for direction. If someone is interested in the ADP Nonfarm Employment Change Report http://www.adpemploymentreport.com/ jjrvat
Today March 7 2007 European Session: (Live EUR/US Futures) 14:09 GMT +1 Random Comments: 1. Price at 14:09 (131.44), next daily resistance pivot is 131.53. jjrvat
Today March 7 2007 US Session: (Live EUR/US Futures) 14:18 GMT +1 (news update) Random Comments: ADP Nonfarm Employment Change Report (57K). Really bad. More than the actual number it reflects the tendency of the fundamentals for friday NFP. Weaker dollar in the short term. jjrvat
Today March 7 2007 European Session: (Live EUR/US Futures) 14:19 GMT +1 Status: waiting for the fundamentals behinfd the news to settle down and wait the US reaction the first 30 mins. Step aside. jjrvat
Today March 7 2007 US Session: (Live EUR/US Futures) 14:57 GMT +1 Trade 3 1. 14:57 GMT+1 (131.46). Price above 36 SMA? (yes) Long (Yes) 2. 14:15 ADP Nonfarm Employment Change (57K) less than expected. Next news: 16:00 Crude Oil Inventories 3. M2 BB hit? (No) M2 RSI oversold? (No) Daily pivot hit? (R1 131.42 otherwise M10 36SMA ) (No) Status: Waiting for confirmations to go long jjrvat
Today March 7 2007 US Session: (Live EUR/US Futures) 15:17 GMT +1 Trade 3 1. At 15:04 price touched pivot point 131.42 but i didnt go long because RSI and BB ... Did I miss a trade again ???? Status: Waiting for confirmations to go long jjrvat