DislikedCorrect me if I'm wrong, but you think the US dollar strength is "illogical" based upon your fundamental analysis.
Yet you are trading with this current trend and doing well. Some may think you are a trend trader.
We all enjoy your posts, post away, I'm not suggesting anyone shouldn't share their fundamental views, just that it is an area that requires a thicker skin.Ignored
my simple humble fundamental views are:
USD dollar str. = expected
1) It is not US is better than EURO. It is EURO doing worst than US. US is 1 country. Easy to clean up / get its act together. EURO is many countries. Lots of barrier to getting things done. If the US took some time to do up the bail out, EURO prob need much more time to get together for something.
2) When US was doing good, lots of US company prob bought lots of foreign asserts. Hence USD sold, Foreign$ bought. Now when the sub prime sub primED, companies are selling foreign stuff to maintain solvency etc. Hence Foreign$ sold USD bought
3) Market sentiments. US has a plan and is acting on it. EURO has no plan no agreement, lots of divided opinions. Who will one prefer? Besides what is the main currency referrenced to in the world? When "shit" happens, most prob which currency you wish to be holding for max chance of usage?
4) Btw looking at charts. The timing it takes to get to this level. Such "Brute" force doesnt just stop suddenly.
my humble views... please take note at your own risk.. i blew my account 3 times..
for those kind enough to grace my post, do crititque.