Closed my shorts and went long at 743. Tight sl 735.
It is probably going to be quiet for a while...
It is probably going to be quiet for a while...
MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
EA for multiple lot limit order for EURUSD 0 replies
NFP nice bump up on EURUSD 2 replies
DislikedJust oil the gold don`t have no relationship with EUR/USD from what i know the price of gold going up is the sign that peoples get out from markets and going on safe goods . Just the oil price have a relationship with EUR/USD .Ignored
DislikedJust to fill in the gold euro relationship... In my limited knowledge.. euro is 15% backed by gold in terms of reserves.Ignored
DislikedI'm also EU short looking at upcoming economic calendar reports forecast is in favor of USD from Wednesday to friday. So in my opinion we may see further EU drop within this week only my opinion.Ignored
Have you protected yourself? Have you distanced yourself as much as is practical from your financial agents? If you haven’t, why not?
Rogoff's warning part of the problem
Commentary: Former IMF economist raises concerns
By MarketWatch
Last update: 12:22 p.m. EDT Aug. 19, 2008
NEW YORK (MarketWatch) -- Ken Rogoff, the former International Monetary Fund economist who has predicted a major U.S. bank failure in the coming months, isn't talking about what specifically could cause such a failure. Maybe that's because his panic attack is a big part of it.
Rogoff is correct when he says U.S. banks are at risk, as he did in a recent talk in Singapore.
Many U.S. banks are at risk. Market strategist Barry Ritholtz pointed out Monday that Washington Mutual Inc. (WM) HSBC Holdings PLC's (HBC) U.S. holdings, National City Corp. (NCC), Sovereign Bancorp (SOV), and Huntington Bancorp (HBAN) are considered among the weakest banks, with more than $25 billion in assets, according to a report from Weiss Research Inc.
On the brokerage side, Weiss noted that the brokerage arms of Morgan Stanley (MS), Goldman Sachs Group Inc. (GS), and Citigroup have the lower capital multiples, making then less capable of withstanding losses.
The truth is, the collapse of Bear Stearns Cos. wasn't about capital, it was about liquidity and, more importantly, confidence.
When Rogoff claims that the banking system is "not just going to see midsized banks go under in the next few months; we're going to see a whopper, we're going to see a big one, one of the big investment banks or big banks," how much confidence has he pumped into the market?
More…
Dislikedcan anyone give us a clue on what direction eu is going. i went short 2 hours ago.Ignored
DislikedThat is why Euro has more value than US Dollar which is backed by the faith in the US Goverment and Bush (LOL)
It is backed by a promise to pay with more Printed US Dollars worth less so BUY Gold !!!
BruceIgnored
DislikedJust to fill in the gold euro relationship... In my limited knowledge.. euro is 15% backed by gold in terms of reserves.Ignored
DislikedBruce, a friendly warning:
Don't market your services ("buy my video")or make any "be my assistant" proposals here. Not even for fun. Understood?
RIgnored
DislikedA shame about not having weekly charts on Oanda, had to search online for the weekly pivot - we got it at 4809. So I guess it was a perfect bounce so far, doubt it'll break but something to watch for a break/bounce from if we get near again for some nice potential profits.Ignored
DislikedI am only here to help folks learn how to trade better. I invest hundreds of hours here for free. I promote no services. I ask for no money. I do not insult or demean my fellow traders yet many demean me. What is you issue and how are you ?
Thank You ...
BruceIgnored
DislikedAgain - excellent info. Thank you
You even feed your "enemys"... LOLIgnored