everyone poops!
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nice i am at 109 right now...keep it up
and down she goes
lol that all i want been on fire with 5-10pips, been up for the last about 15-20 trades on just 5-10 real short trades. love this kinda trading
lol
thinking about buying eur/jpy here for a quick trade,whats your two cents on this activity?thanks
Citigroup on Euro
Citigroup Inc. said it ended a bet that the euro will strengthen against the dollar as pressure mounted on the ECB to follow the Federal Reserve in buying bonds to lower interest rates, a policy known as quantitative easing.
“We are taking off our long euro-dollar trade on the lack of follow-through from the introduction of quantitative easing in the U.S. and the pressure on the ECB to move in the same direction,” analysts led by Jim McCormick, Citigroup’s London- based global head of foreign-exchange and local-markets strategy, wrote in a report today. “We believe that dollar weakness will remain a dominant theme but see better opportunities in other places.”
The U.S. currency strengthened against most of its peers as stocks slid, increasing demand for safety. The Dow Jones Stoxx 600, a benchmark for Europe, fell 0.6 percent after a six-day rally. The Standard & Poor’s 500 Index lost 1.4 percent.
sweet news for pro usd!!
here we go finally
sars just went our way, hope its the start of the huge down trend. got my fingers crossed
how high do you think this will go up to before going back down?
yea i got 2 orders short here on eur/usd and 1 on gbp/usd... expecting it to come crashing down here in the next 20-30 min. lets see wht happens
GBP/USD chart
EUR/USD chart
nice, made quick 14 pips on my gbp/usd trade, good start to the week...GL to us both hope we can come up with 1000pips+ for the week as the volatility will be crazy and hope to take advantage while it lasts
you my friend are a true baller, you must have balls of steel
it wont let me place the order hope it goes up by 5 so i can get a better price
i am gonna go short here gbp/usd
check this out:
European protesters march in G20 rallies
http://news.yahoo.com/s/ap/20090328/ap_on_re_eu/eu_g20_protests
EUR/USD: Trading the Euro-Zone Economic Confidence Report
Trading the News: Euro-Zone Economic Confidence
What’s Expected
Time of release: 03/30/2009 12:30 GMT, 08:30 EST
Primary Pair Impact : EURUSD
Expected: 65.8
Previous: 65.4
Impact the Euro-Zone Economic Confidence has had on EURUSD over the last 2 months
- lol, i see eur/usd gonna take a nice ass slappin' on monday
best trade i see for next week is: US DOLLAR / CANADIAN DOLLAR(buy)
Classical Outlook: Despite the recent decline, the overall structure remains quite constructive with the current pullback classed as corrective. Setbacks had broken down through the 61.8% fib retrace off of the 2009 low-highs were unable to establish below, resulting in Friday’s push back above the 1.2365 short-term consolidation highs. We are now looking for a medium-term higher low by 1.2190, ahead of the next upside extension beyond 1.3065.
Elliott Wave Outlook: Since the USDCAD did exceed its wave 3 terminus on March 9, it is possible that wave 5 within a 5 wave advance from the 2007 low is complete. Near term structure is not especially clear but price above 1.2239 keeps the short term trend pointed up.
EURO / US DOLLAR
Classical Outlook: The latest topside failure by 1.3740 has opened the door for a potential resumption of the broader downtrend with the market now looking to trade back down towards initial support by the 100-Day SMA at 1.3115. We expect this level to be tested into Monday/Tuesday as the market fills the gap from the parabolic move in the previous week. However, there are no compelling trade opportunities at current levels and we prefer to take to the sidelines for the time being.
Elliott Wave Outlook: I wrote last week that “the sharp rally is most likely a second wave a 5 wave decline from 1.4723. Expectations over the next several weeks are for a top to form in the 1.38-1.40 zone.” The EURUSD never made it to the zone but recent weakness suggests that a top could be in place.
Forex Trading Weekly Forecast - 03.30.09
Dollar Trend May Be Redefined By G20 Meeting And NFPs
Euro May Fold Under ECB Cuts And A Building Recession
Japanese Yen Could Rise as Technical Positioning Hints at Correction
British Pound May Remain Under Pressure As Fundamentals Weaken
Swiss Franc to Weaken Further as Risks for Deflation Intensify
Canadian Dollar Threatened If Risk Appetite Unravels
Australian Dollar Fortunes Tied To Risk Appetite
New Zealand Dollar To Pare Gains as Growth and Inflation Falter
http://www.dailyfx.com/
check this out 3 analysts say short usd/aud, what do you think?
http://www.dailyfx.com/analyst_picks/
thank god i was watching the screen and sold right before the down turn as the inductors turned sour lol
bought eur/jpy here wht you think?
yea learned that the hard way yesterday. this time,went with a stop loss and had my finger on the trigger while i played it for a quick 13pips
just went short on gbp/jpy. hope i dont lose my ass lol
wow perfect timing
60min charts turning around here might see a good run...maybe lol
yea thats wht happen to me yesterday, was up 200 pips and i was betting more and more order at the same time and well finished the day down -50...lol
Dollar, Yen Gain as Euro, Pound Weaken on Deepening Recession
http://www.bloomberg.com/apps/news?pid=20601083&sid=amTzbPVScOpc&refer=currency
Steinbrueck Says Euro Might Be Hurt as Spending Grows (Update1)
http://www.bloomberg.com/apps/news?pid=20601083&sid=aIW.YXM8wCOM&refer=currency
sweet 10 straight trades on green up 127pips
following your lead
been trading eur/jpy, was up 56 pips now down 5pips lol. this volatility is just too crazy for me
Dollar Weakens on Speculation Auto Plan Will Boost Yield Demand
http://www.bloomberg.com/apps/news?pid=20601087&sid=aqKpAOwbHSVE&refer=home
MACD turning on the 15 min chart on EUR/USD
lol true
"The economy shrank at a 6.3 percent pace at the end of 2008, the worst showing in a quarter-century, and probably isn't doing much better now."
and the euro/usd is trading side ways for the most part today??