it is southside time ,it is southside. it is southside time it is southside
am rocking already.

odiaero:

Lol, keep rocking, but take your time

I hope you are not shorting the EU yet, please for the next 4H candle to complete otherwise you may get burnt

+20 from 4320 to 4300

4333 sell stop placed ,any advice

^ Ha! Scalping. Not my thing. I reckon if next 4H EU candle closes above 14340, then it will take off to around 14500 area.

^^^ wat if it does'nt

aguiyi:

^^^ wat if it does'nt

Then a bearish candle on 1H tf will confirm completion of pull back and it can go back south

Na wa for dis spam bot oo
I hope my post go stay dis time ard oo

During the Asian session, the greenback was able to recover a portion of its losses from Friday. London sees only a slight change in prices with the USD trading off its highs. Greek CDS continue to rise despite latest efforts. AUD could see support on Russian central bank diversification.

News from the EZ from this morning included German PPI for May that came out unchanged and reached 6.1% y/y and EZ Current Account deficit for April that widened to EUR 5.1B from previous EUR 3B.

The Greek debt saga continues as the decision on the next tranche of the aid will be contingent on Greece meeting all reform plans and austerity measures. Early July will bring voting whether the next tranche will be released. Markets do not seem to be too impressed with the latest developments as the Greek 5 year credit default swap continues to rise and is up 128 bps today.

AUD could be supported in the short term by the news that the Russian central bank will diversify about five billion of its USD reserves into the AUD. The support could be only psychological as this round of diversification should be completed over three to six months.

As there are no economic data releases due throughout the New York session today, we can expect that trading will be largely determined by three factors:

1. New developments in EZ debt crisis
2. Awaiting Wednesdays FOMC statement
3. Technicals

1. Announcement between French and German leaders last week that an agreement on financial aid for Greece has been reached sent EURUSD almost 300 points higher. If no new disturbing developments occur, euro should be underpinned in near term with a slight upside bias.

2. FOMC starts a meeting on Tuesday June 21st that will culminate on Wednesday by a statement that will shed light not only on the end of QE2 but also on the possibility of QE3 in any form. Investors will look for an assessment of the current situation and answers if the recent worsening of economic data is only temporary set back in underlying recovery or a beginning of another recession.

3. Technicals that traders should pay attention to:

GBPUSD 6210-6220 zone: resistance given by previous lows and matching 38.2% fib. ret. at 6216

NZDUSD 8110-8120 zone: strong resistance given by high from beginning of May and multiple lows throughout June. 61.2% fib. ret at 8120.

where are the bears,i need to join ur train

Bulls are kicking arse man. U berra watch it. Let me give you a hint; all the major indices are heading North. Dax leaped by almost 100 pts from noon and the Dow is has also gained over 100 pts in the same period. Just wait for the yanks to come back from lunch, those bears may get mauled. I don talk my own o

the real reason why i always check ur post is the experience and wealth of knowledge u bring to d table. thanks for the heads up

gu,aud and gold are heading south at the moment hence am trying to do a correlation

I was away handling other things, hmmm EU, nice combo, as for GU, why did you return downward? haba abeg i want see 1.633x before any 1.59xx pls  

odiaero:

Is it safe to say that EU will be heading South tomoro?

Oga make today end first na

^^ Hahahaha, u still dey long?

odiaero:

^^ Hahahaha, u still dey long?

Na today?? Am out of all trades for today with over 200pips
Tomorrow is another day man

aguiyi:

jazes ,were the summery when i been see just now  

aguiyi:

@ jazes can we pls have a summery of the european session that just ended,thanks

Bros, i tire for this spam bot ooooo
The thing don bann me twice today ooo

hahahahaha, e bi like say them target u today. but try tommorrow sha,the thing dey help me some time

No prob man and help me tell d spam bot that hin self
fit dey follow my fundamental summary now

JAZES:

No prob man and help me tell d spam bot that hin self
fit dey follow my fundamental summary now

that kind thing

odiaero:

^^Nice, Got Early Morning 100pips from ECH, been watching since

Odiaro,
Na wetin dey happen today na?I no understand dis ur sit down dey
look today.
Wey all ur action na?Abeg bring back those action ooo cos i don miss
dem oo.

odiaero:

^^^ Hahahaha, from tomoro, ahahahahhaha

Ok na, ur action is needed in the house man.
See u tomm then.