It's just correcting itself. What goes up comes back down. Such is the market.

After countries inflate their currencies away with fractional reserve policies, yeah Gold's going to rise up. How is this rocket science?

Yes, you've had other losing positions as others have pointed out calling for EUR longs when the EUR was going short. I don't know who you work for but it won't surprise me you want other people to be in the opposite side of the trades so whatever ...

Dude, eur has been going in a downfall lately and now you're adding longs to a losing position?

Charting already incorporates fundamentals into it. The price you are looking at in your charts at real-time is the aggregate of all the market forces at play in the system. If there is profit-taking happening, this will be reflected in your charts ...

I think it's pretty clear what's going on here: We want to depreciate the dollar and we intend to keep it that way.

I think putting stops is pretty much a golden rule in any speculative market, even if you're a fundamentalist. Anyway, I'm not talking about "complex" charts with all the MACD's, RSI's and all those lines combined that give people a headache. I'm ...

Thanks for teaching me something I already know. Yes, I know it is the fundamentals that work behind the scenes that move your charts. Unlike those big banker fatcats however, we don't have the luxury of getting every information and data we can get ...

You can look at it two ways: -squiggly lines which are good to look at giving you the aura of being an expert even though you don't know what you're doing. -or- -by looking at charts you can tell where the overall trend price is going. Heck, you ...

QE only means inflation and currency debasement. Don't look at the hourly/minute charts, look at the dailies and monthlies, you'll see the trend, and it's not going down.

Looks like the USD will keep going down. It's now a game for currency debasement.

Nothing. Currencies are heavily manipulated by Central Banks. China wouldn't even have this high of a GDP if it didn't peg the Yuan to the US Dollar in the first place. Unless there are big fundamental key news like rate cuts and changes in interest ...

It means they will reduce monetary stimulus, ie Quantitative Easing. In short, the CAD will strengthen. Expect USD/CAD to fall short in the coming months after the FOMC meeting today if the FED hints at more easing in the future.

He can't because his hands are tied. The ECB has no real powers unless the Euro Constitution is revised and allows for it.

But what about market manipulation? That's why I always stick with charts. Unless there's BIG fundamental news like this one (ECB cutting rates, changes in interest rates, etc.), I'm not going to bet on the news simply because of manipulation and ...

low interest rates = high stock prices. Of course, this is nothing more than a false signal of a booming economy since the real value of these stocks and commodities would remain the same. They're giving false hopes to the people. Nothing more than ...