It's just a simple private opinion because I'm not so far in currency trading as some of you. But if were an American citizen (I'm living in the Czech Republic and we use CZK here) I would open a bank account in switzerland where your name can't be tracked. The center of the central banks is in Basel, Switzerland and they are not EU member state, not by chance. The world financial supervision is going on there in BIS. So I would either exchange USD to CHF. Or EUR would be a fair choice as well if you look at the fact that the dollar collapse will happen because of oil price. If you read my article about the petrodollar you can see that in Iraq as a response of the petrodollar they decided to trade their oil in EUR. This trend is quite possible in the UAE region, Iran and Saud Arabia, in order to trash down the dollar and US supremacy. So they will trade their oil in EUR just in order to destroy the dollar. So CHF and EUR both are fair good choice I assume.
Barnabas Nagy The Iraq conspiracy, Oil, Dollar, and US global supremacy
Barnabas Nagy Ron Paul reveals secret government and collapse of economy
I'm not advertising myself I don't have any revenue out of this.

Eur/Usd

Both targets have been met today ............

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Original Post :..... Post #1617
http://www.learncurrencytrading.com/...ssion-108.html

Gain........... 218 Pips
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interesting about the amero.. i will watch your videos later. what influence do you guys think it will have?
edit: i am going crazy with those conspiracy theories, i am not sure who to trust? i all this was true, what stops the us government to stop any articles, or this guy, about reporting about the amero? same as there are alot of ufo conspiracies & co.. they have the force to stop all small individuals. there is proof for deleted wikipedia articles, but this one is standing: http://en.wikipedia.org/wiki/Amero and it says:
Hal Turner claimed that Carr's website had been created in haste in a matter of days expressly to discredit his claim about the coinage. [26] However, Carr's designs have been available through his website since 2005,[27] and according to a WHOIS search at Network Solutions, the domain "dc-coin.com" was registered by Daniel Carr on 27 September 2005.[28] In October 2008, Hal Turner released a video showing an apparent 20 Amero coin, with claims that shipments of the currency had been sent to China. [29] Yet the coin in Hal Turner's video is identical to a medallion on Daniel Carr's "dc-coin" website, listed as "UNA 2007 1 Amero, Copper, Satin Finish".
Anyway, Barnabas, you seem to be a weird guy with your religious belief and your "higher mission on earth".. i used to have a friend who was similiar, he was searching for himself.. first he was all religious, reading the bible all day long, then he was rapper, then metal, all weird. i respect the bible as a source of peace, belief, support and moral, but its not something i wanna obey.. anyway, everyone is free to have his own opinion and choice of life. guys like you scare me - nevertheless, one could probably learn alot from you. *this is not meant to be an insult, every person is individual and unique.
edit2: having RON PAUL talking about conspiracies, now that is hard really... great post.

regarding the CZK, i heard some rumors that it is planned to be eurczk=5 in 2012 or something, so you can join the EURO, opposed to 20 atm..
maybe something similar can be done for usdcad and usdmxp?

comments on eurusd are mostly in the chart.. although i have no idea how to join the party, 400 pips stop is too much for my account...

ps: charts seem to be working

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Brad, I jumped in with several long positions in the 2.133 area. That is one volatile pair with big swings, I set my stop loss at 2.11. Is that enough to absorb these swings?

Thanks for the heads up on this one.

very nice Market

What do you have for the aussie? aud/Usd

i have to thank cmellon for posting a link of this guy Tom Hougaard, chief strategist at City Index.. he has a nice site with daily ideas (tradertom.com), and a new interview:
City Index - Warren Buffett wrong to buy back into equities, on Cantos

truly professional!

[for those who dont want to register, although its quick, you can use my mail.. login: sinisterx (at) abv.bg]

here a view at usdjpy again.. i shorted at the first red circle to look for a reaction around 101, instead it didnt stop and i am still holding.. so it could be the big breakdown we are all looking for.

also it looks more likely to me that this 22nd is a HIGH (5 waves down on DJI, S&P, DAX) and we could see the essence of this financial crisis in the near time..

everybody talking about how the worst is over.. this is the PERFECT PSYCHOLOGICAL TIME for the next breakdown!!

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I think your entry point is good but still the volatility in EURNZD is ever present... I'm looking to get long at 2.1150 .. I can't even be sure your stop is wide enough... Just cross your fingers !! I think you'll be ok... But I'm not god, I can't predict anything.. If this month ends leaving that long wick up in the air at the close, I'd say it's very possible that EURNZD could see a drop back to the 2.0200ish area next month before a push back higher in following months... The risk of sharp pull back remains... But for now while this month is still open, Bulls are pushing up ... So long is the place to be and at the lowest price possible... I see this pair has already made a swing above 1.1500 late this afternoon.. That would have been a 150+ pip Gain... Perhaps you've already exited with some profits...

I left the positions open, RBNZ is expected to lower interest rates tomorrow, I'll tighten my stops before the event in case they lower less than expected but if they go the full 100 bps I'd expect this pair to jump quite a lot. This pair will move a hundred pips in minutes but there seems to be a short term bottom in place around 2.126. I'll tighten my stops before sleep tonight but be prepared to re-enter at a lower level if I get stopped out during the night.

Hey guys,
I did go short Eur/Gbp at 8050 based on an expanded flat I saw at the time. Although I closed out half my position since, I still have have the position still open. Reason I still have it open is I think we have a multi-moth top in place. Should I be wrong, its no biggie since I got virtually the top of the expanded falt anyways. Now, I see another expanded flat forming but of smaller degree. Should this count be right, wave C of 2 of this flat should end somewhere in the vicinity of .7935. Is anyone else following this pair?

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Us Dollar

Usd/Chf

This could be Serious ............ !

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I have been following the same count for USDCHF since before Christmas 2007 and it seems to be playing out very well... I remember calling that "B" wave bottom when no one would even hear of it... LOL Were going to see a major reversal before 1.2500 somewhere.. I've been watching patiently waiting to get my hands on it... Price will get sticky up around 1.1990 (Major Fib Resistance)

The Candle that has been forming on the monthly chart of AUDCAD has been highly suspicious and I doubt it will finish the month leaving such a long wick to the down side. Either way, long wick left at the close or not.. I'm bearish this pair down to atleast .7000 although I think there's a long term fib target sitting at .6630 that will take this pair lower before a major reversal.

Here's a look at the 8 hour chart of AUDUSD... Looks like we've got a 4th wave triangle playing out here... I just noticed on DailyFX.com that FXCM's trading signals just went long this pair... YIKES !! (And that's not the first one I've seen go sour in the last while) Think I'll stick to my wave counting...

hi my dears
see below link thats provid by " FOREXYAR.blogfa.com"

4shared.com - document sharing - download Technical 22 oct.pdf