Well I think this is a first !
All of us think that it is stuck and undecided and it could go either way.
Never seen Forex in agreement before - usually someone is absolutely convinced of a move one way or the other
I think there is a good chance the US house builders index 1pm today will not hit the expected number - looking at the stats for last year there was a steady monthly decline but January was better than December - I reckon it could slip some
That doesn't help in determining cable as we know from bitter experience
All the big companies in the US have a hiring freeze - my US Citizen wife has been out of work 4 months and there is NOTHING about...
Seems that the companies, and us on forex , and the stock market, are all playing a waiting game to see what this recession stuff has in store for us
All of us think that it is stuck and undecided and it could go either way.
Never seen Forex in agreement before - usually someone is absolutely convinced of a move one way or the other
I think there is a good chance the US house builders index 1pm today will not hit the expected number - looking at the stats for last year there was a steady monthly decline but January was better than December - I reckon it could slip some
That doesn't help in determining cable as we know from bitter experience
All the big companies in the US have a hiring freeze - my US Citizen wife has been out of work 4 months and there is NOTHING about...
Seems that the companies, and us on forex , and the stock market, are all playing a waiting game to see what this recession stuff has in store for us
Currently I am standing aside as one doesnt know where the GU might break. And even if this idiot breaks on one side, that might be a trap and then breaks the other side, just like that. Out of the blue. But my bias currently and essentially is bearish watching the long term charts (daily/weekly).
. Perhaps I have different eyes or sometin'.. But I see a dozen signs why I should buy GU not sell. Unfortunatelly it is poised by a few very bad signs the reason why I stay aside. If those are gone then I just go in with my usual XXX contracts and sit there for the next 1000 pips... 
