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  • #129,421
  • Aug 7, 2009 1:59pm Aug 7, 2009 1:59pm
Quoting Atlast
Only the hardcore left.
Wondering how this will end today. Sure was in a hurry to sell off today.
below 48
those who can, do. those who cant, talk about those who can
  • #129,422
  • Aug 7, 2009 2:06pm Aug 7, 2009 2:06pm
Quoting User112
I am out. Make some pips @1.4014.

Anyone interested in buy @1.4300 - 1.4400? I would like to sell some euros

Any "trends" traders here?
http://weblogs.newsday.com/news/loca...ear-market.jpg

It looks like the Bear has won the battle. !
  • #129,423
  • Aug 7, 2009 2:11pm Aug 7, 2009 2:11pm
Odds just increased today that Yi Gang, head of the State Administration of Foreign Exchange in China, fashions a statement over the weekend or early monday about global reserve currency, as they have been quiet lately.
  • #129,424
  • Aug 7, 2009 2:12pm Aug 7, 2009 2:12pm
Quoting Alihuzaifa
i just downloaded forex LTD demo to see USDX but i cant see that USDX pair in list...any idea why is that?
i think you go to market watch r click and select chart
those who can, do. those who cant, talk about those who can
  • #129,425
  • Aug 7, 2009 2:14pm Aug 7, 2009 2:14pm
What a good day! EUR/USD was overrated and finally we have the results... If I look at the Gold chart, and assuming that E/U is correlated as before we would have a price around 1.4250. Forex is a weird animal.
Close your eyes when you feel you are going under.
  • #129,426
  • Aug 7, 2009 2:25pm Aug 7, 2009 2:25pm
If this is true, you are a genius.

Quoting gatorinla
below 48
Close your eyes when you feel you are going under.
  • #129,427
  • Aug 7, 2009 2:27pm Aug 7, 2009 2:27pm
Quoting Atlast
Only the hardcore left.
Wondering how this will end today. Sure was in a hurry to sell off today.
Hello Atlast. CNBC was just talking about all the cash coming out today. No need for safe haven; thus Dow AND USD strengthened. They were as flabbergasted as anyone that this correlation might be a bit broken for now. Seems everyone was just so giddy about the green numbers that they had to GET INTO SOMETHING.

It was definitely a dollar big run today. Biggest single day advance for USD since June 15th. I don't think EUR was overrated or USD underrated. It's just the market as we know it today. Could all change tomorrow, depending on where China and institutionals want USD positioned.

IMHO. Have a good weekend.
Up or down, gimme a ticket
  • #129,428
  • Aug 7, 2009 2:29pm Aug 7, 2009 2:29pm
Quoting Atlast
Odds just increased today that Yi Gang, head of the State Administration of Foreign Exchange in China, fashions a statement over the weekend or early monday about global reserve currency, as they have been quiet lately.
ever think china is lying? remember the facade they put on for Olympics. maybe they want to be looked at as the gorilla. flex a little like n. korea and iran. then have someone recall statement like they always do.

http://www.bloomberg.com/apps/news?p...d=aOkYkh3CsUFg


maybe forex traders are ahead of equitys..
http://www.bloomberg.com/apps/news?p...d=aQMezopEEsH8

maybe equitys is bs....
those who can, do. those who cant, talk about those who can
  • #129,429
  • Aug 7, 2009 2:33pm Aug 7, 2009 2:33pm
Quoting VinzZ
What a good day! EUR/USD was overrated and finally we have the results... If I look at the Gold chart, and assuming that E/U is correlated as before we would have a price around 1.4250. Forex is a weird animal.
check out a post from 16 hrs or so from bloomberg i posted about gold.. ez hording it.. a little... why?
those who can, do. those who cant, talk about those who can
  • #129,430
  • Aug 7, 2009 2:34pm Aug 7, 2009 2:34pm
Quoting VinzZ
If this is true, you are a genius.
unlikey on both accounts. but i observe
those who can, do. those who cant, talk about those who can
  • #129,431
  • Aug 7, 2009 2:39pm Aug 7, 2009 2:39pm
Quoting VinzZ
If this is true, you are a genius.
#4
those who can, do. those who cant, talk about those who can
  • #129,432
  • Aug 7, 2009 2:39pm Aug 7, 2009 2:39pm
Quoting Atlast
Odds just increased today that Yi Gang, head of the State Administration of Foreign Exchange in China, fashions a statement over the weekend or early monday about global reserve currency, as they have been quiet lately.
This economist spells it out nice and clear. Its just party politics-required bi-monthly ass covering. No economic reality in it, though it can make its short term waves.

http://www.dnaindia.com/money/interv...ar_1273469-all
  • #129,433
  • Aug 7, 2009 3:59pm Aug 7, 2009 3:59pm
Pf, nice to see that the trend finally took on the down stream. I was about to call Forex trading a scam , but now i see that some things are actually following some logic. I watched movie Zeitgeist today and became shocked about many things. Used to love USA , but now ... Anyway..
never go for max profit, but for minimum lose !
  • #129,434
  • Aug 7, 2009 4:14pm Aug 7, 2009 4:14pm
On the lower timeframes I have been following some slightly misdrawn channels today, but I did manage to make a lot of pips because price did exactly what I expected based on my daily charts.
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  • #129,435
  • Aug 7, 2009 6:17pm Aug 7, 2009 6:17pm
Thx, found that post... Have a nice weekend!

Quoting gatorinla
check out a post from 16 hrs or so from bloomberg i posted about gold.. ez hording it.. a little... why?
Close your eyes when you feel you are going under.
  • #129,436
  • Aug 7, 2009 8:14pm Aug 7, 2009 8:14pm
stocks up usd up


weird indeed
  • #129,437
  • Aug 8, 2009 2:49am Aug 8, 2009 2:49am
just posted my views over at stories

http://www.forexfactory.com/news.php?do=news&id=189248
  • #129,438
  • Aug 8, 2009 3:36am Aug 8, 2009 3:36am
Attached Image
  • #129,439
  • Edited Aug 9, 2009 2:41am Aug 8, 2009 10:27am | Edited Aug 9, 2009 2:41am
Quoting guru2006
August - one of the most important months for change in trend .
start their long down trend . 7th and 8th quite important dates
guru

my expectitions are correct
going south eurus
guru
  • #129,440
  • Aug 8, 2009 12:08pm Aug 8, 2009 12:08pm
heh looking at the big drop 08 08 08 eh
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