Trade the chart ...
those that were GU bearish yesterday may have lost 150 pip plus today.
Markets are very volatile and movements are extreme both ways,.
You think euro has crisis ??? Have you ever seen the USA debt clock ? how do they deal with it .. print money of course.
US total debt per family is 690k ... total income per famil;y 68k ... now who has issues ? lol
http://www.usdebtclock.org/
holy crap .... did you look on right hand side of this ... tax base 109 million , offical unemployed 14 mill actual 29 mill....that is 26% .... damn not even Spain is that bad !!! My mate wh0 is in the know on this stuff said that the unemployement rate in US was something like 22% , this is due to the fact that you can only claim unemployment for 6 months , after that you drop off the radar. So those that have not found work in 6 months are not reported in the numbers....
those that were GU bearish yesterday may have lost 150 pip plus today.
Markets are very volatile and movements are extreme both ways,.
You think euro has crisis ??? Have you ever seen the USA debt clock ? how do they deal with it .. print money of course.
US total debt per family is 690k ... total income per famil;y 68k ... now who has issues ? lol
http://www.usdebtclock.org/
holy crap .... did you look on right hand side of this ... tax base 109 million , offical unemployed 14 mill actual 29 mill....that is 26% .... damn not even Spain is that bad !!! My mate wh0 is in the know on this stuff said that the unemployement rate in US was something like 22% , this is due to the fact that you can only claim unemployment for 6 months , after that you drop off the radar. So those that have not found work in 6 months are not reported in the numbers....
DislikedI am euro bearish and dollar bullish- euro economy problems and us economy strengths.
Remember the yearly change in trend on dec 3/4 after NFP data was based on the premise that US economy is improving.
The euro crisis is fuel in the fire.
However in a day trading set up, technicals works better. So, After FOMC, we have to see where E/U will go- Above R 1 or below R 1
But generally above R 1 the buyers are in short supply. So after FOMC, we can go down.Ignored
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