Pro Swing Trading

yeah we reach to our TP1, don't forget to manage your trade

yes, yesterday's report was clear.

ho-ho-ho, I see 4 Invisibles, ppl, don't be shy.

Thanks Nick, first 40 pip t/p. closed 90% of position at first target and rest at b/e.

Hi,

U.S. stock index futures fell on Monday as a rise in the U.S. dollar weighed on commodity prices and looked set to put pressure on natural resource stocks.

The dollar has traded in a strong inverse relationship to U.S. equities recently. An unwinding of dollar short positions that began after solid U.S. jobs data last Friday gathered pace on Monday, while concerns over euro zone debt hurt the euro. The dollar was up 0.6 percent against a basket of currencies.

Metals prices slipped as the dollar rose, while oil prices fell 0.3 percent toward $86 a barrel, easing back from two-year highs earlier in the session. Gold slipped for the first time in three sessions but remained near record highs.

Hi all,

As trading idea USD/JPY has long setup...

a long based on what?
thanks

Hi brother,

its based on complex technical analysis

ahhh, ok.
i love complex stuff!
thanks

Ok dudes, I have some rumors - Ben is preparing market to another drop in 1st quart of 2011 when they finish suck all stocks and commodities they will do rate high or other thing to drop all they bought like a shit.

yeah i heard about it too... it will be around +0.25

care to share a link?

I would like, but it was verbal discussion not related to forex where I just participate as listener, because even my knowledge isn't enough to analyze all that last 200+ years M3, inflation, bank's reserves, SDR, M2, geopolitics, moneyflows, ERP, etc...

Great CALL !!! Thanks! Keep coming with super calls FXAdvice !!!

GOOD, I already thought we lose him and need reanimation

in 15mins it is profitable after night stalling.

Nick, come on, tell us your complex technical analysis, please!

Morning,

Cable going up nicely

oh crap i got out with 5 pips, (preserving profit) ant complain about that tho eh!
both the silver and gold trades were rippers!!!!
DANG!!!!!

another great call!

Treasury Secretary Timothy Geithner insisted on Thursday that Washington would never resort to weakening the dollar to spur growth, seeking to cool tensions as G20 nations struggled to bridge chasms over currencies.

World leaders gathered in Seoul for a two-day summit hoping to move beyond broad promises of economic cooperation, but days of rancorous debate appear to have undone much of the G20 unity forged in the throes of a global crisis two years ago.

Adding fuel to an already heated debate over the U.S. Federal Reserve's bond-buying spree to revive the economy, former Fed Chairman Alan Greenspan said the United States was pursuing a policy of weakening the dollar.

"The U.S. will never do that," Geithner shot back a few hours later in an interview with CNBC. "We will never seek to weaken our currency as a tool to gain competitive advantage or to grow the economy."

The Group of 20 club of rich and emerging economies had hoped to use the summit to soothe tensions over foreign exchange rates that have been created by sharply divergent growth rates. U.S. President Barack Obama urged his peers to put aside differences and follow through on previous agreements to even out imbalances between cash-rich exporting nations and debt-burdened importers.

Obama, speaking after a meeting with South Korean President Lee Myung-bak, said he was confident leaders would support a program for promoting balanced growth, building on a agreement reached at a G20 summit in Pittsburgh in 2009.

"I don't think this is a controversial proposition," Obama said.

Thursday's agenda included dozens of bilateral meetings, but kicks off with a working dinner Thursday night. The United States and South Korea failed to reach accord on a stalled free trade deal, an embarrassing blow to both countries.

Behind the scenes, negotiators squabbled over the language in a closing statement to be issued at the summit's conclusion on Friday. The final version may not venture far beyond agreements reached by G20 finance ministers last month, yet it was still proving difficult to agree on the wording.

CONFLICT ON THE MENU

Lee said a "little bit" of progress had been made since the October finance ministers' meeting in Gyeongju, South Korea, but deep divisions remained over how best to reduce current account imbalances.

Leaders will discuss it at Thursday's dinner, he said.

"We had reached an agreement (at Gyeongju) despite skepticism that no agreement would be reached because of a divide in opinion between U.S., China, Europe and other countries," he said.

An idea floated by Geithner earlier for numerical targets to be set for trade imbalances has now been taken off the table.

"This summit is a credibility test," European Union Commission President Jose Manuel Barroso said. "The question is how far we can go at this summit to agree on joint action so we can boost global growth and jobs."