May hold here 1.5805. Who or what is a Trichet? No need to leave IB...I can trade as small as $2.50 a pip, anything less is paper trading.
EUR is reacting againt the yanks on 5 minute charting. I will sell the rally if and when it fails. Trichet is the frenchman heading the central bank of EURO union. PS: "Tricher" (the verb) pronounced the same at the name of the guy sounds like if you were to call someone a cheater! Would have confidence in a guy whose name is Cheat.
I could see some potential support and a possible reaction of EUR/JPY in the area of 156. If the bulls lose the battle of the low of yesterday, then the pair will be handed to the bears.
taking a break from trading. Here is where EUR/USd stands. I think that we are now at a point where the buyers of 30 minutes charts have to be tested. I would love to see a test back in the area of 1.5840 and even 1.5860. It would allow me to short at a great place if the up move fails. Now I went flat. If the move goes down without me, so be it. I will join it when I am back to trading.
As for the description above, EUR/USD fell to the support of 1.5740. I just shorted EUR/JPY in area of 1.5750