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- fando replied Jun 4, 2009
probably some huge stops triggered i think.
- fando replied Jun 4, 2009
news already priced i think. no need to be an oracle. ecb wont change bid rates.
- fando replied Jun 4, 2009
battle started.
- fando replied Jun 4, 2009
i never set stops by pips. i always look for some level, resistance or support area or previous retracements low + e few pips, pivot etc. cos this makes sense, other way not. why i set say 30 pips stop for my every trade. on the other hand, stops ...
- fando replied Jun 4, 2009
if it break 1.4150: we'll see a battle at this level i think. may some stops gathered there & some buying interest @ dips. after 4150 - 4125 range, road is open till 4056 and 3969. but i think overall trend is still bullish.
- fando replied Jun 3, 2009
bloomberg.com
- fando replied Jun 2, 2009
here we goo...
- fando replied Jun 1, 2009
i use opera. it's very fast & stable & feature rich. at first, it may look strange but when you get used to use it you will never dump. it deserves a try at least i think...
- fando replied Jun 1, 2009
in fact, markets can not be irrational. some buy others sell. that's all. i read about mr junckers statement on forexlive few days ago. my comment was "i suggest him to keep demo trading, till double his account once." agree with your last ...
- fando replied Jun 1, 2009
it's hard to understand. we have at least 450 pips rally for last 3 days. but lots of people obsessed with going short & looking for retracements to enter trades. misterious.
- fando replied May 29, 2009
i think it will continue to 1.43 first and 1.45 next. and then a good retracement to 1.41.
- fando replied May 29, 2009
yep. this is the question. and the answer is obvious.
- fando replied May 29, 2009
they have lots of dollar on their basket and they buy and sell at some levels. ratios of currencies at their basket is unknown but most says usd is the main currency. so, at this crisis era, they probably dont want overvalued yuan cos of chinese ...
- fando replied May 29, 2009
i made my fifth and still ok? lets see.
- fando replied May 29, 2009
i'm also long and SL @1.4095. TP is open.
- fando replied May 29, 2009
yep i wrote some day ago here, one big factor on dollar weakness is oil. big guys are pushing oil prices high by weakening the dollar i think.
- fando replied May 29, 2009
usd will last at least a decade as a reserve currency i think. when china float yuan, then we can start to argue on this issue.