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  • Orders for U.S. Durable Goods Increase on Aircraft Demand

    From bloomberg.com

    Orders for U.S. durable goods rose in September by the most in three months as stronger demand for commercial and military aircraft outweighed a drop in business equipment. Bookings for goods meant to last at least three years increased 3.7 percent after a revised 0.2 percent gain in August, the Commerce Department said today in Washington. The median forecast of 67 economists surveyed by Bloomberg called for a 2.3 percent advance. A gauge of demand for capital equipment slumped 1.1 percent, a sign companies pulled back ahead of the partial federal government shutdown. “Investment spending has been really soft this ... (full story)

Hoho..... USD Down........ Then....... It fly to the sky
No...Not at all, will rise, Gold will down.Sell gold.....target set to 1236
Enter Signature
Not only market is confused, it also confused every trader! LOL.....
buy eur/usd impact of Core Durable Goods Orders m/m -0.1%
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yes.....so confuse.....what happen with you US.....
£ is too high, and too early , 5am British Time .
  •  Guest
  • | IP XXX.XXX.239.177
hey dude u r wrong ,sell Eur/Usd ,Gbp/Usd because durable goods order rose to 3.7%,and it will impact high ,u can check it from http://www.dailyfx.com/calendar. SO SELL E/U & G/U
yes yes we know, the euro is saved the dollar going almost extinguished and GU will be a 2.0 by the end of the month ....

and then 2 week later draghi or another going to do a bad fart and and everything is magically reversed ,dollar is saved Euro died and pound falls like a knife.

Quoting Guest
hey dude u r wrong ,sell Eur/Usd ,Gbp/Usd because durable goods order rose to 3.7%,and it will impact high ,u can check it from http://www.dailyfx.com/calendar. SO SELL E/U & G/U
Yeah.. Agree with you

I think usd not weak because bad core durable good..
Quoting Guest
hey dude u r wrong ,sell Eur/Usd ,Gbp/Usd because durable goods order rose to 3.7%,and it will impact high ,u can check it from http://www.dailyfx.com/calendar. SO SELL E/U & G/U
that one is medium impact...this high impact -- Core Durable Goods Orders m/m -0.1%

why it not impact because all media cover that... let you wait and watch
oil?
I am trading since 4 years with GBP/USD,I know the volatility of G/U,G/U will down to 1.5700 in the coming week,all the best
Quoting pcca-matrix
yes yes we know, the euro is saved the dollar going almost extinguished and GU will be a 2.0 by the end of the month ....

and then 2 week later draghi or another going to do a bad fart and and everything is magically reversed ,dollar is saved Euro died and pound falls like a knife.

Never seizes to amaze me how people here make wild suggestions for multi week trends on a low-impact data at Friday afternoon (Europe session)... :-)
Quoting michaelpelly
Never seizes to amaze me how people here make wild suggestions for multi week trends on a low-impact data at Friday afternoon (Europe session)... :-)
Based upon your post I have sold tons of "this" and bought crap tons of "that". Tide changer is next week, not ISM or "Revised U of M".

Cheers
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when you are in doubt, stay out
Quoting bikash1247
I am trading since 4 years with GBP/USD,I know the volatility of G/U,G/U will down to 1.5700 in the coming week,all the best
DEAR SIR
I have ALSO spent a considerable time on GBP/USD. For the time being it s fall has a strong SUPPORT at 1.6070-6035.
This is going to push it up on any fall in near term. However, it s very STRONG SUPPORT is DEFINITELY 1.5775. And I AGREEwith you for this . However , it seems it is going to touch 1.6300 before any fall , NEAR TERM.
Good LUCK to all .
ASAD
Looking at EURUSD now. I sense somethings about to happen. USDJPY is up around 97.30 and i sense it will break south of 97 at some point today. It did that in the Asia Session earlier. If its any coincidence i read somewhere that several banks have shorted EURUSD at 1.3800 area. Is this a ploy to catch out retail traders? Anybody think we might see 1.3900 today?
America backing and funding both sides in a war. Stay classy eh?
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
Quoting robotrahrah
Looking at EURUSD now. I sense somethings about to happen. USDJPY is up around 97.30 and i sense it will break south of 97 at some point today. It did that in the Asia Session earlier. If its any coincidence i read somewhere that several banks have shorted EURUSD at 1.3800 area. Is this a ploy to catch out retail traders? Anybody think we might see 1.3900 today?
Dear Robotrarah :
Good day . Your Observation regarding USD/YEN is RIGHT . Apparently it seems it has completed the Small CORRECTION Due , by reaching up to 97.41, BEFORE FALL.
A comparative positioning of MAJOR PAIRS vis -a- vis DXY depicts that EURO/USD is NOT TOUCHING 1.3900 TONIGHT . This seems to be Pretty Sure .
However it is in BULLISH TONE . After a small correction of MAJORS and some other FACTORS it is DEFINITELY going to touch 1.3875/1.3900 in COUPLE of days. The impending (FOMC) TAPE BOMB on 30-10-2013 should be kept in mind . The pairs will take a suitable definitive POSITIONING before the EVENT of TAPE BOMB .
SO Far as your concern , I may re iterate that 1.3900 is not being touched TONIGHT. However , it seems to be a DONE DEAL in NEXT COUPLE OF DAYS.
NOW MORE SURE OF IT DEAR . ENJOY THE TRADE.

GOOD LUCK
ASAD
DEAR SIR
I have ALSO spent a considerable time on GBP/USD. For the time being it s fall has a strong SUPPORT at 1.6070-6035.
This is going to push it up on any fall in near term. However, it s very STRONG SUPPORT is DEFINITELY 1.5775. And I AGREEwith you for this . However , it seems it is going to touch 1.6300 before any fall , NEAR TERM.
Good LUCK to all .
ASAD
Thanks Logix for your reply.

This is what read earlier on ForexLive

http://www.forexlive.com/blog/2013/10/25/forex-bank-analysts-not-keen-on-eurusd-upside-25-october-2013/

I always wonder about the authenticity, accuracy and reliability of Forex related news out there.

Im more of a fundamental trader rather than technical. I feel that real trading is a hybrid of both. What is your take on that?

Thanks!
Dear Robotrahrah
WHENEVER it is matter of choice between FUNDAMENTAL vs. TECHNICAL , I prefer to go for TECHNICALS. However all tools have been developed to analyse the PROBABLE Direction /TREND. Both have their own pluses and minuses. It depends upon the type and style of trading viz LONG , MEDIUM,SHORT or VERY SHORT TERM .
Good LUck .
ASAD
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