Forex july dollar in the dog house edition

Nice trades Pap...well i wont be doing much trading this week unless i can clear these two trades off me...I got 4 JPY at 8870s and still only 2 CHF...waiting for 10480s or lower to avg...

Looks like the Dow may push up to 10250s or so this week and this should push CHF even lower so im waiting..

GL fellas ill check in when im around this week just to see what im missing,Wall if you can please remove my thread i started for June[again]

Draw some lines on dollar index chart it held the bottom when it touched today...not saying it goes up from here but it held on the first attempt..even if we go lower 83 is pretty huge..

Eu held in the 12660s..i think i said 70s last week it looks TOPPY here though maybe it revisits the highs tomorrow...AU going higher...i would think she stalls ahead of 87..im looking 8670s for a top maybe?Last week i said either 87 or 80 b4 the news...

What are you guys looking to trade?

Lets see if these push higher...i dont think they will

Damn shame i can nail these like this when im not trading them

Heres the forex traders weekly trade for EU....

EUR/USD has seen a corrective rebound which looks to have formed a potential 'bear flag' channel, a counter-trend consolidation pattern. The pair is also within about 100 points of a key daily down trend line that has defined EUR/USD's decline since the end of 2009. There also is the possibility that EUR/USD is forming an inverse head and shoulders pattern, possibly representing the end of the down-trend. Given the choice between the two, I'm inclined to favor the bearish scenario of the EUR eventually turning lower given the still bleak fundamental outlook for the Euro-zone. The key resistance levels above also make for a relatively limited risk set-up.

The Strategy this week will be to sell half of a short EUR/USD position at current market levels (1.2640/45) and to sell the second half at 1.2730, just below the key daily trend line, for a short average of approximately 1.2685. The stop loss will be on a daily close above the down trend line at 1.2750 (and declining) or if 1.2800 trades at any time, for a total risk of about 115 points. The take profit objective will be for 50% at the 1.2330/40 21-day mov. avg. (which is rising), and the remaining half will be kept open for a potential break below the bear flag base at 1.2250 (and rising). Stops can be adjusted lower to 1.2550 on a drop below the 1.2490/2500 level.

I like DJIA to 10250 or so will the risk pairs follow??Nothing is acting right at this moment

Look at the CHF daily....+DI is a 1.03....ADX is at 81

Got an order to AVG at 1.0485.......once this hits i too will be on the sidelines waiting...ill look to make a few hundred pips with 4 lots