Replies to post #17334 on FOREX TRADERS

[Ataglance2]

good to see ya..
well,a rate cut is almost certain.....question of the day would be .25% or .50%...I say .25% isnt going to do much ..I personally think the fed will cut by.50%...that would definately do something to pump money into the economy...since the feds aren't too concerned with inflation at this exact moment,even though it will be a big issue in the 2nd quarter of 08...the weaker dollar is being felt in exporting countries,europe and canada,which is actually fundamentally makeing the dollar stonger in the long run..look at the exchange rate because of lumber exports from canada,along with all of a sudden the euro is starting change directions,which I heard last week and posted about the eur/usd was suppose to start its correction this week,which it actually did and won't stop until it moves just under 1000 pips !!!!,and yes ..you read right ,one thousand..There is a whole lot going on around the financial world that can be only guessed ,but no way the G-7 will allow the doom and gloom therory of the experts come to play out...
They have conventional ways and nonconventional ways to correct all problems..and they will...as far as the head fake?
No ..just a change in the tide..I can feel and see it and jbr also mentioned an observance the other night about the correlations ..they are changing.We just have to change our old ways of trading and trade with it....but who really knows for sure, so for now rely on price action to guide you.