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- summertime replied May 16, 2008
Cable, Yen, Swiss Franc and Aud — So it's not so much that the Euro is strong. It is more of USD is weak. Yeah, read about that miscalc. as well. Friday ...USD gets fried!!!
- summertime replied May 16, 2008
Still climbing — 1.5593 now. Wow!
- summertime replied May 16, 2008
More Clues Found — It's still very bad the housing situation but at least there're improvements here & there. So the other clues : 1. Oil shot up to 127. When oil is high USD weakens. Forecast to be > 141 a barrel for 2nd half 2008 by ...
- summertime replied May 16, 2008
Why Is It Flying? — I'm mystified. US Housing starts are strong. Usd picks up steam but not for long. Euro is 1.5563 as I write. Steep climb. Could it be the statement that ECB rates will hold for the rest of 2008? DIW Chief Economist Dregner: ...
- summertime replied May 14, 2008
DRT Please Continue This Thread — I value this thread as an eye-opener and agree with others here that it provides another perspective on fx price behaviour. Folks, it's OK if you disagree on some point but please put it nicely. Someone here ...
- summertime replied Apr 29, 2008
Wait For FOMC Report Tomorrow — All the big boys of FX know something we don't. I say this cos present Euro-USD bearish momentum is unnatural. The big players are letting the Euro drift and biding their time before they ramp up the Euro again. ...
- summertime replied Apr 24, 2008
Good News For Euro But ... — It's an hour since my earlier post. 526K is much worse than the predicted 580K in new home sales. Euro shot up to a high of 1.5747 but started retreating. Now it's doing 1.5672! The bulls are not in play. The bears ...
- summertime replied Apr 24, 2008
Logo Clue — The O becomes a guy's head. The G his hands. The C his legs. The naughty bit is the G. Ha! Ha! Ha!
- summertime replied Apr 24, 2008
North or South We Will Know in 5 Mins! — Euro can head to 1.5800 in an hour if New Home Sales are worse than the expected 580k. And slide to 1.5600 in an hour from now if the stats are favourable. As I write it's doing 1.5710.
- summertime replied Mar 5, 2008
Replying TrevA — My MM method is simple. As I'm still learning the ropes I'm trading small. I've got AUD1000 in my main a/c and about AUD280 in a sub-a/c. I only trade from the sub-a/c. One lot is a mere 500units. But lots of hit-n-run trades. ...
- summertime replied Mar 5, 2008
Great Explanation! — Thanks TrevA for the write-up! I was equally befuddled by the contrarian market response. And worried too cos was caught with several trades expecting the bulls to come back charging in a short time. All trades in the ...
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