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- jlee425 commented Nov 2, 2015
Nothing is changed hence the whipsaw
Statement by Glenn Stevens, Governor: Monetary Policy Decision
- jlee425 commented Apr 7, 2015
Long AUDNZD targeting 1.05
Statement by Glenn Stevens, Governor: Monetary Policy Decision
- jlee425 commented Apr 7, 2015
The more they delay, the less likely the cut is going to happen. China and global economy is already recovering.
Statement by Glenn Stevens, Governor: Monetary Policy Decision
- jlee425 commented Mar 27, 2015
Retail foreign exchange trading is a small segment of the larger foreign exchange market where individuals speculate on the exchange rate between different currencies. This segment has developed with the advent of dedicated electronic trading ...
Stick To The Plan; Resell EUR/USD - BNPP
- jlee425 commented Mar 27, 2015
Big banks are not interested in retail traders position. Retail traders only account for 5% of market and cannot move the market.
Stick To The Plan; Resell EUR/USD - BNPP
- jlee425 commented Mar 27, 2015
expecting another sharp drop today
Stick To The Plan; Resell EUR/USD - BNPP
- jlee425 commented Mar 26, 2015
I think it will reach the target today. Notice the cup and handle/ascending triangle formation.
EUR To Gain Further Vs USD, GBP; AUD/USD Holds 50d MA - BofA Merrill
- jlee425 commented Mar 26, 2015
If it doesn't reach 1.118 today then bulls will lose interest and bears will take control.
EUR To Gain Further Vs USD, GBP; AUD/USD Holds 50d MA - BofA Merrill
- jlee425 commented Mar 24, 2015
EURUSD's target 1.11 hasn't been reached although the FOMC high and psychological 1.10 is touched. But sometimes fundamentals can beat technical so it could be the end of the trend. Also note AUDUSD touched .79. NZDUSD a bit shy of major trendline ...
US Consumer Price Index - February 2015
- jlee425 commented Mar 22, 2015
It will consolidate a bit and reach 1.11-1.12 then start the move again to the downside.
EUR/USD Forecast Mar. 23-27
- jlee425 commented Mar 20, 2015
Bullish gold = weak dollar Bearish eur/usd = strong dollar contradiction?
Bullish Gold; Bearish EUR/USD With S/T Volatility - BofA Merrill
- jlee425 commented Mar 19, 2015
Big news can make support/resistance weaker/stronger and the impact can last days. So its better to aware of the big events like QE, rate cut, FOMC announcement etc. Its hard to get a clue where the price was going to stop unless you watched the ...
EURUSD: Move Along…Nothing to See Here
- jlee425 commented Mar 14, 2015
Be careful selling EUR and buying USD next week. It needs some rest before it can reach parity. AUDUSD and NZDUSD faced major support, oil is at near 46-47 support, USDCAD res at 1.28, EURCHF at near 1.05 which is an eyed level for SNB intervention, ...
Morgan Stanley Chart Of The Week: Where To Sell EUR/USD?
- jlee425 commented Mar 4, 2015
Keep selling CHF but keep the account size small. You don't want to miss that nice bear trend.
The forex markets are moving
- jlee425 commented Mar 4, 2015
oil will be in 45-55 range for at least a few months i think
The Price of Oil Is About to Blow a Hole in Corporate Accounting