EUR

on a different note was talkn to a guy(min trehan) who works for market news international,he got up an talked about what his company has to offer traders- ashraf gave him 100%endorsment saying its a great product if you want the fastest release of economic..im sure ashraf will explain better details..ok gl guys:) lots of great talks on aud--eur--gbp an othere things..gl:)

Trying to nail the exact timing with fundamentals is far more difficult (and unlikely) than using chart technicals and above all, price action. To play fundamentals only you need to be able to withstand very large drawdowns for extended periods of time and then --- what if the fundamentals suddenly change ? and price never returns to your entry levels which were derived from your opinions a few days/weeks/months ago ?

Trading the swings on whatever timeframe chart you prefer can be done with relatively much tighter stops which = small losses when losses occur. Its very easy to spot the trend changes on whatever timeframe is selected using technicals and price action. It's a lot more difficult trading fundamentals on the larger timeframes without serious exposure to large losses every time your "opininion" proved wrong or ill timed.

I don't accept that hedging resolves the potential problem as the whole idea of trading is to make as much money as possible in as little time as possible. With hedging positions you could and probably would spend many months getting nowhere.

I see technical analysis and price action being the greater value to traders. If good fundamental analysis can be achieved it will have the potential to compliment directional bias at times when direction is questionable.

Lots of times on this forum we see traders fading price action based upon their fundamental opinion at that point in time. If we analysed these results of fading the trends my guess is they would not inspire. News trading can be profitable for very short timeframe trading where the fundamental effect most often climaxes within an hour or two. Occasionally a rate change or strong/weak NFP etc can carry through but we still need price action and chart technicals for our protection and self preservation.

sub parity will come by march . But one has to be prepared already in the second week of february.... doesn't astrology sound convincing.... it needs not be based on anything except the past .

Although it has been discovered Ireland central bank counterfeited 51 billion Euros out of thin air not backed by government bonds nor by ECB loans the EURUSD will before Fri 28th Jan
exceed 137 , even 138. Chartists may ivestigate USDX charts and $EUX charts and further Eurodollar chart ( all complete with what chartists like RSI MACD SMA 20,50,200 ) to see
it matters not. A pullback will not drop below 135.
No it's not sentiment change it's currency war USD must fall to bring China down to the knees.

with their USD reserves....so USD is sold for EUR .
But see my (free!) analysis in USD thread. Support of EUR eventually burns them via yuan raising vs USD.