Now that is funny.

Actually, if you read it, it is more of a long term outlook.

Hate to tell you all this, but Obama is going to be worse for the US then McCain would have been. He is not going to fix the US economy any more than the lame Bail out that the Dems past. And just remember, that the US is at least 60% of te World ...

So if the dollar is going to instantly collapse, then I guess Oil will be free? Globally? Now that is what I call a conspiracy theory. Someone get the big net and funny jacket. Then again it could be an Democratic / Republican combined plan for ...

I'm thinking around 6700 - 6800 when the SMA in the BB drops and and meets price, then it will drop again. Look at the dailies since august.

Looking at the daily with BB SMA, I think it will work up the 6500 - 6700 range until it gets close to that SMA and start another big drop. Same pattern it has been running for most of the last couple months since August. image

Take a look at FX Solutions, the spread never changes.

That's why I have alarms set at 1:15 and 2:00am (west coast time). I can check the trades and if nothing happens go back to sleep, fortunately, I caught his mornings drop about mid way for a rather large gain, about 500 pips with two seperate ...

And Goodbye to 1.5400 hello 1.5300?

I expect that to break in the next 15 - 20 minutes.

You might want to look at FX Solutions. Spreads are constant. The only down fall that I would see most traders having is they do not use MT, they have their own charting, pretty good one though.

And down it goes again.

I think most of these longs are scalping for short gains in between the drops. I think there is going to be a small pick up over the next several hours and then start down again.

I am thinking it will get up to 7760/70 area, SMA for 1h, then start another drop.

Did you start to get scared with the higher amounts and stop your trades in a loss position rather than waiting for a retutrn to profit? I know I have had that problem when I start increasing my lot amount and will panic when it starts to go bad ...

I hear ya, ~85 yesterday and 125 just now. I can take the week off from work image

Any one know what is happenign right now, Massive drops.

It looks like many of you that keep wanting to go long are on the east side of the Atlantic... Could your desires for the long position be based on your personal desires for your currency to go strong? I know that being in the US I would prefer to ...

Just pointing out that he does have losses, I had to question his no losses in the signiture block myself.

Actually, if you go to his website, check his profile, he has a months worth of trades posted in there, and he does have some losses in there.