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- RebelRed replied Jul 17, 2010
Anything is possible. Fundamentally, the Swiss Franc is far more powerful. Also, the franc is better than the euro, which is better than the weakening dollar. There's no fundamental reason for upside at this time, so if it's going to pop up, it will ...
- RebelRed replied Jul 16, 2010
My USD/CHF trades just sit there. Hundreds of pips and no real sign of anything to the upside. Sure wouldn't mind seeing 1.03xx stick around. Go put a SL on your trade and walk away. Problem solved.
- RebelRed replied Jul 16, 2010
Rather than buying the USD, you might do better buying real estate off eBay while blindfolded.
- RebelRed replied Jul 16, 2010
My worst trading day wasn't as painful as watching this Dr. Who episode. Maybe I should watch one of the most recent ones and give it another chance. Or I could just get out a coloring book and call it a day. I was mesmerized by the Asian girl in ...
- RebelRed replied Jul 16, 2010
Not sure I want to buy the Euro anymore. I'm sitting here trying to watch the Dr. Who (first episode, first season 2005 I think). Um, does this show get better? It was recommended since I enjoyed Hotel Babylon. But holy crap this is sucking big ...
- RebelRed replied Jul 16, 2010
I'll let you know next month.
- RebelRed replied Jul 16, 2010
Still watching. It didn't hit my long point yet and is showing signs of the decline I talked about a couple weeks back. Obama is spending his time getting excited about 8 jobs being created. Our news might suck for a bit.
- RebelRed replied Jul 16, 2010
Aw man. I thought you were for real. I just bought this can't miss forex robot and was about to plan my billionaire lifestyle with the addition of your system.
- RebelRed replied Jul 16, 2010
Works for me. I've just been kicking back and enjoying the ride down. Haven't spent one second looking at a chart.
- RebelRed replied Jul 16, 2010
You can just look at some daily figures to see. I noticed it stopped last month, most likely because the SNB stopped intervening, which is probably what caused the opposite correlation to begin with.
- RebelRed replied Jul 8, 2010
After making my historical case last week here I just decided to watch. I don't like gambling. Seems like UJ might be artificially propped up to hit the level it's at now, which I don't like. With more potential bad USD news still lingering out ...
- RebelRed replied Jul 8, 2010
Still just kicking back with an easy short. There's no reason, IMHO, to think this pair is going that much higher anytime soon since the last time we were there was due to heavy intervention. While SNB may indeed intervene, there's nothing ...
- RebelRed replied Jul 7, 2010
All you needed to know to light this pair up was when intervention was announced as being stopped when this thing was near 1.1700. No charts. No fundamentals. No guesswork. Actually, guesswork cost me a few mistakes but I still made out. Now I'm ...
- RebelRed replied Jul 6, 2010
I'm expecting further downside. My SL is pretty high since I have a major position (short) and have been shorting off and on since the intervention ended. Maybe it will slow and maybe it will turn in a couple months, but right now there's no reason ...
- RebelRed replied Jul 4, 2010
It looks like all the support is in the 86.90ish area. What I want to know is if the Euro gains, at least for now, against the Yen, does that reduce pressure on the BoJ to act on the USD rate?
- RebelRed replied Jul 4, 2010
The unemployment figure is a false number. It declined because a lot of people "gave up." I believe the number was 650,000. Another important item was the loss of some 22,500 construction jobs. Let's just say, my country (US) isn't go anywhere fast. ...
- RebelRed replied Jul 2, 2010
Bottom was yesterday when it went under 87 quickly. 2009 bottom is 85.
- RebelRed replied Jul 2, 2010
Yes, but the market tends to focus heavily on the private jobs part of the report, not the public---especially because this is a Census year. Not saying it's all roses, just looking at what the market looks at, expects and reacts to. And that's why ...
- RebelRed replied Jul 2, 2010
Yeah, but private jobs (what matters) was up from last month and closer to what the market wanted to see. Bad report, but could of been worse and market was expecting it.
- RebelRed replied Jul 2, 2010
yawn. Fiber takes off and U/CHF just waddles around. NFP kind of mixed. Wonder how much steam there is behind the upward engine.