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Can anyone explain why all JPY pairs suddenly fell downwards? 12 replies

Can somebody please code me this EA using MA6 and EMA63 3 replies

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Could somebody please explain why USD fell with better GDP?

  • Post #1
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  • First Post: Aug 28, 2008 9:31am Aug 28, 2008 9:31am
  •  iinself
  • | Joined Feb 2008 | Status: Member | 63 Posts
Thanks for the help.
It is toooo eazee
  • Post #2
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  • Aug 28, 2008 10:06am Aug 28, 2008 10:06am
  •  Jurrasic
  • | Joined Feb 2008 | Status: Live long and have fun :) | 1,386 Posts
Well it did jump up first... But seriously, the mysteries of the forex.
Otherwise we'd all be billionairs allready.
On the path to Enrichment.
 
 
  • Post #3
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  • Aug 28, 2008 12:23pm Aug 28, 2008 12:23pm
  •  TJPLD
  • Joined Jan 2008 | Status: Inertial Member | 2,297 Posts
The Dollar is strengthening or am i blind?
Where's your problem? Have been whiped out by some spikes?
Ohh well. Real trades trade only the momentum anyway.
 
 
  • Post #4
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  • Aug 28, 2008 1:11pm Aug 28, 2008 1:11pm
  •  highway
  • | Joined Sep 2005 | Status: Member | 1,352 Posts
Oil was in the $120's when the GDP news was announced.
Traders waited for reactions but oil stay put at $120 level.
Finally oil started to dip to $114 and USD pulled back up as Gas storage report came up much much higher than forcasted - see FF calender.

Recent USD was helped by oil unwinding to as low as $110.

Pull up an oil chart and you will see the move. The Dow went up but was not helping USD.
For the past few weeks, oil has been affecting the Forex markert tremendously.
 
 
  • Post #5
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  • Aug 28, 2008 1:53pm Aug 28, 2008 1:53pm
  •  robertsonakp
  • | Joined Jul 2007 | Status: Member | 159 Posts
pairs like EU,GU,AU,NU came down ? meaning that the dols is appreciating, so that goes with the outcome so what's up ? the initial spike up is just due to unsettled reactions at the period of the release.
know thy edge and abide by it ! 4 in it shall thou be successful !
 
 
  • Post #6
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  • Last Post: Aug 28, 2008 9:09pm Aug 28, 2008 9:09pm
  •  iinself
  • | Joined Feb 2008 | Status: Member | 63 Posts
I was impatient - USD did concur with GDP finally, it was the spike, thanks.
It is toooo eazee
 
 
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