EURUSD

yup all good, looking for the first trade of the day

Morning. All good here, hope all is well there.

Just be aware, I posted something related to this yesterday.

For funds, trading desks, it is essential to show flashy returns at least untill the end of the first quarter.

For Equity funds :

They do have various strategies however, the fund performance mostly compared by major equity indices S&P being the common one. The equity markets tend to go up untill the end of the first quarter most of the time, the equities go up due to good performance expectation of the companies. So watch out for news regarding major blue chip stocks, currently banks are being focused most.

For Fixed Income:

If you are holding a bond which pays say 4% semiannually, your bond will appreciate in value when the yields drop. Any news regarding EU dropping/increasing interest rates will cause a storm. Dragshit keeps giving mixed signals regarding the subject. Expectation is at some point this year EU rates will be dropped, question is how much. EU has a tendency of taking such decisions rare. Fed has run out of this tool long time ago and committed itself not to touch rates for some more time. But this is Fed. Americanos take decisions very effectively, if they see that the QE is not helping the market any longer and fundamentals are not changing quickly enough, Fed will try other ways, and bear in mind. Fed is brutal... The expectations and motivations of fixed income funds effect directly the single currency. Any news which calms the risk premium on bond yields will boost EUR since many will sell dollars due to risk being on.

Commodities:

This is the nastiest bit. Funds discovered some time ago, they could hunt for superior returns after gold started moving from 280 USD per ounce late 2000s. The main problem is it is not only an investment type/product. Central banks are involved. There has been a strong correlation between XAU vs EURUSD but it is no longer that strong now.. Still every drop of XAU has some level of affect on the currency. The higher the EUR goes so does the XAU. I personally think, the correlation will be strong once again. XAU will attract new buyers once it drops 1.500 landmark figure - all my tought here.

So bull or bear whatever you may be. Just do not be biased, that is all I would suggest. Or if you should be biased, stay on the Bull side since you won't be alone there

Cause you scared all of them Chicky, no girl can stand your sexual assaults

Looking for the best place to buy it?

morning peeps

http://www.forexfactory.com/attachme...5&d=1362121668

I guess he is looking whether 120.70s will hold. watch UJ at the same time mate, it is mostly Yen strength that is shifting EJ since few days. Altough, I must say Max's chart is like the "Trading EJ for Dummies" book. Open it, it is all there. We are in a noise area still...

account history of feb 2013

yes. short scalps done a little. looking to short more

morning bro

Good Morning @ all. I think EJ more down to 120,60

errr... Afternoon all

more

Congratulations but...That wasn't very kind of you, posting it mate... I didn't understand why you had to. Many lost alot here, I think you need to be a little more toughtful. It doesn't gain you more respect when you show up here after the end of the month saying "Look how great I did". We don't know how you traded, what you traded... Just a friendly suggestion. Congratulations again...

I set to 120 first... Hope I can get tonight

i say YES

target still valid at the moment... is is Friday after all...


for EJ... target is 129.2

based on 50 MA

i know he is very good. good money he earn. lot size not little.

Morning KB.
What do you think as down target it will stop ?