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  • February 2015 Manufacturing ISM Report On Business

    From ism.ws

    Economic activity in the manufacturing sector expanded in February for the 26th consecutive month, and the overall economy grew for the 69th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®. The report was issued today by Bradley J. Holcomb, CPSM, CPSD, chair of the Institute for Supply Management® (ISM®) Manufacturing Business Survey Committee. "The February PMI® registered 52.9 percent, a decrease of 0.6 percentage point from January’s reading of 53.5 percent. The New Orders Index registered 52.5 percent, a decrease of 0.4 percentage point from the ... (full story)

time to euro to rebound
  •  Guest
  • | IP XXX.XX.89.213
WOW ,13 month low data but USD is up against GBP ??!!!
Forex Trading is NOT a guess-work! Neither is it a Casino!! Keep to your working strategy and you will be fine.

Just my 2cts.
  •  Guest
  • | IP XXX.XX.89.213
Quoting Ojiego
Forex Trading is NOT a guess-work! Neither is it a Casino!! Keep to your working strategy and you will be fine.

Just my 2cts.
So you are saying this movement of USD is rational ??!!!
can somebody explain why the hell USD is up despite the bad news?!!
Quoting Guest
So you are saying this movement of USD is rational ??!!!
Very much so Guest 213. My charts did not tell me otherwise ... and remember: "The market remains longer rational as you might think"... IIRC, that was from one of the greatest trader ever lived.
Quoting fawaznabeel
can somebody explain why the hell USD is up despite the bad news?!!
Does the news matter? Do you even know what it is about? If it's as easy as "Oh a red highlighted news came out worse, that means sell" everyone will be a millionaire.
Quoting fawaznabeel
can somebody explain why the hell USD is up despite the bad news?!!
Yes!!!! Don't trade at Fundamentals
Quoting fawaznabeel
can somebody explain why the hell USD is up despite the bad news?!!
Actually it's the Age-Old system.
You are on the edge, expecting a re-bound. News (Fundamental) is also in your Favor too. But it goes against you until you Lose!

This is the age-old formula how 'They' make money.
Quoting Ojiego
Very much so Guest 213. My charts did not tell me otherwise ... and remember: "The market remains longer rational as you might think"... IIRC, that was from one of the greatest trader ever lived.
I think the quote was " Markets can remain irrational much longer than you can remain rational".
Apparently previous US news have much stronger impact than the low PMI and that's why US still going up
Quoting Abhimanyu
I think the quote was " Markets can remain irrational much longer than you can remain rational".
I'm pretty sure its " Markets can remain irrational much longer than you can remain solvent"
Quoting qwertyass
I'm pretty sure its " Markets can remain irrational much longer than you can remain solvent"
Ok, got that one wrong .... Oooops! Not Gov. Perry tho
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  •  Guest
  • | IP X.XX.4.147
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