NFP is coming out tommorrow at 8:30 EST. Be on thelookout for another drop in the eurusd.. I suspect this one will not be as dramatic as last month because it is known the uS is pulling out of the recession much faster than europe. I am looking to get in after the big swings just like last time.

Will be difficult becasue I am working but new work schedule allows more flexibility on fridays. problem is that Internet connection sucks. I feed off of My local howard Johnsons Wifi. Public library is just as bad. Going to try direct instead of VS becAuse I normally check FAP which runs on my VS. should gain a little more speed.

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Hopefully I'll make out better on this NFP than the last one! I got killed last month.

Did anyone read-- I don't remember where I read it...but there was mention that one of China's central's banks tends to artificially prop up the eur at 1.27 or so (not they could match NFP market forces)---but it "could" add resistance...

1230 GMT [Dow Jones] Friday's US non-farm payrolls data for January, to be released at 1330 GMT, are less important this time round, says Dresdner Kleinwort. The release is unlikely to provide the market with new guidance given that it will not change the overall economic outlook says the bank, whether the number be -450k or -650k. The labor data are also a lagging indicator and with the US stimulus package just around the corner, the market may no longer take the data as guidance for the future says Dresdner. (GST)

hmm.. movement wont be too big suppose~

Pity... I was hoping for at least a million pips so that I can buy myself a yacht with a runway on it for my private jet and retire this afternoon

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Regard your good name as the richest jewel you can possibly be possessed of - for credit is like fire; when once you have kindled it you may easily preserve it, but if you once extinguish it, you will find it an arduous task to rekindle it again. The way to gain a good reputation is to endeavor to be what you desire to appear.
"Socrates (469 BC - 399 BC) "

Eagle are you going to use TS and what TP are you aiming for?

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Regard your good name as the richest jewel you can possibly be possessed of - for credit is like fire; when once you have kindled it you may easily preserve it, but if you once extinguish it, you will find it an arduous task to rekindle it again. The way to gain a good reputation is to endeavor to be what you desire to appear.
"Socrates (469 BC - 399 BC) "

haha. i was hoping for that too~

Well I placed a sell stop at 1.2760(S1) and a buy stop at 1.2876(R1)...time to wait....

Very dissapointing so far - a sell and buy order with high lot sizes would have earned me 40 pips and some nice dough with the spikes

__________________
Regard your good name as the richest jewel you can possibly be possessed of - for credit is like fire; when once you have kindled it you may easily preserve it, but if you once extinguish it, you will find it an arduous task to rekindle it again. The way to gain a good reputation is to endeavor to be what you desire to appear.
"Socrates (469 BC - 399 BC) "

LOL why didn't you tell me that 5 min ago

__________________
Regard your good name as the richest jewel you can possibly be possessed of - for credit is like fire; when once you have kindled it you may easily preserve it, but if you once extinguish it, you will find it an arduous task to rekindle it again. The way to gain a good reputation is to endeavor to be what you desire to appear.
"Socrates (469 BC - 399 BC) "