trading801's Koala Forex Articles and EUR/USD views

Deutsche Bank to buy Sal Oppenheim for 1 bln euros

ty ty ..well buddies i gtg .. i hope u all make money.. take over the night shift

ok, count with it.

Thanks my friend, great article. i love your articles.

Down...Down....Down...

Wow Trading almost there .4719 I will watch that number to enter my long

i am off but i want to warn u so i reply by mobile .. be careful .. watch how price react first.. in case more drop

WOW 1.4704 is my SL from 1.4724 .05 lot long

I read you late, well 20 pips less / $10 will not harm me...

Edit: It went down to .4711 didn't reach my SL, I move it to .4725 so I profit 1pip... LOL just in case, because Im leaving and I don't want to leave this thing running into a loss. TP 1.4800 (too high? hope not, I return about an hour, any case worse case scenario I finish a pip richer )

Risk aversion theory boosts yen and dollar

Ongoing concerns over a budding recovery have pushed to one side the appetite for high yield and serve to punctuate a slide in the dollar. Investors watching recent increases in various measures of volatility and bond yields accelerated by a shifting emphasis to central banks exit strategies have heightened the expectation that an imminent market correction is well overdue. The rally in the euro nevertheless still looks as though it has life left in it as the single European currency treads water at $1.4790.

Investors have increasingly grown concerned by a self-fulfilling rally in stock indices as risk appetite has been largely driven by relief that recovery seems to be taking root. A falling dollar was merely a symptom of this rise in activity, domestic and abroad, to the point that there was no good news for the dollar. Arguably signs of an economic failure are the only positives for the dollar.

As the dollar sank, commodity prices were driven ever-higher. The dichotomy here is that this inverse relationship holds regardless of recovery. Technically, dollar weakness on sliding growth could conceivably drive commodity prices higher simply on the basis of their status as alternative assets.

In turn stock markets have read rising commodity demand or prices as evidence of recovery. Because this recovery marks the start of the cycle, it does hold the prospect of being extremely powerful. But in turn many investors declare this rally to be an imposter, overstating the likely slower average pace of growth over time, which is indeed plausible.

Having pumped the equity markets higher and marched the dollar down a dirt-track of despair, investors have been swift to react to this week s decline in U.S. consumer confidence and a drop in mortgage applications to a two-month low. The accusation is that doom-and-gloom is just around the corner and that equity appreciation can t sustain itself under such circumstances.

Yet in their haste such investors stand accused of over-thinking the plausibility of an exit strategy in the event of renewed economic weakness. Such an example of this was presented overnight when the Australian consumer price index returned its lowest quarterly reading in a decade. Third quarter CPI was a meager 1.3% and compares to that of the second quarter of 1.5%. Investors were swift to do two things. The local dollar was heavily sold and interest rate expectations were pared sharply.


While we understand the argument that the stock markets may well have priced in too much too soon, the present correction currently looks no worse than precisely that just another correction. Today s durable goods orders for September continue to show that the economy continues to push forward and that recovery is indeed on track. The dollar s demise is likely to resume with the onset of a fresh calendar month next week.

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I'm 0.50 cents richer yoooohoooo!!!!!

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good morninggggg all

good morning Koala King, hows everything

eye on that short hee u??

what short? don't have any short open, I have again a daily .02 lot long 90+ pips to 135.10 TP just to said I did something, on EUR/AUD. I don't see a clear shot of the EUR/USD right now. I'm at the office right now, I will try to look out the chart at home to see if I open something, on Friday I will stay flat.. is the last day, this was my worst day on September

are you breaking your rules again my dear friend

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thanks action forex for pivots!

S3------S2------S1------PP------R1------R2------R3
1.4502--1.4596--1.4651--1.4745--1.4800--1.4894--1.4949

no sentiment boosting here..

Oct. 29 (Bloomberg) -- New Zealand’s central bank said it will wait until the second half of next year before raising interest rates because the economy needs further stimulus as it recovers from a recession.

“We see no urgency to begin withdrawing monetary policy stimulus and we expect to keep the cash rate at the current level until the second half of 2010,” Reserve Bank Governor Alan Bollard said in a statement in Wellington today after leaving the official cash rate at a record-low of 2.5 percent.

No, with that one not, I'm trying a different approach when EUR USD is boring , but extreme careful, not risking too much.

i hope masoud is having fun like you and Jmx ! he seems very busy with work these days..