There has been some crazy moves in the markets overnight, and no forum access to hear others opinions. I saw that Nikkei was down over 1,000 points yesterday!!! At least I managed to grab a few pips on the EU.
I'd expect much of what we have seen since thrusday, sell the asian/Euro session buy the NY session after it test the low and fails... I hear real money accounts in the US are scarfing up the Euro like it's icecream... Well i like icecream.
I thought FXCM had brought down the Forum so they could fix the problems.
Bad Manners of course that they didn't announce it. But of course I was wrong.
Time is still garbled in IE.
I found it a little disconcerting trading without input from others on the Forum, but I survived and made a few pips on my own. Hope you all did as well
The Fed statement was surprisingly optimistic - they didn't even say "keep rates low for an extended period of time" and they said " conditions in the labor market appear to be improving gradually" Plus throw in nuclear reactors overheating - this could change everything in terms of central bank expectations around the world.
Gawd! Aside from a resources correction across the board the USD is still very very weak! Given the world events, including the huge events long forgotten about (anybody remember Pakistan, gulf oil spill?) and the so called 'reserve' has barely whimpered. A rally could be on the cards. Then again as we all delve into this make believe world of financial illusion are we living in denial as to what messages mother nature is telling us?
Gawd! Aside from a resources correction across the board the USD is still very very weak! Given the world events, including the huge events long forgotten about (anybody remember Pakistan, gulf oil spill?) and the so called 'reserve' has barely whimpered. A rally could be on the cards. Then again as we all delve into this make believe world of financial illusion are we living in denial as to what messages mother nature is telling us?
I don't know how seriously we are supposed to take this video, but honestly right now it seems that destruction and armaggedon are occurring on the other side of the world these days - the US has been lucky to have been spared the earthquakes, tsunamis and floods
some possible long entry spots for tonight, 13930/35 has some previous high congestion along with 50 percent retracement, then below to 13916 area. you can also use this as an estimated time of arrival for them to line up.
i think the euro will get to mid 146's in the next month and that will be its highs this year. i had this number on my mind from a while ago but kept saying nooo it cant go that high but now its a possibility.
there is also 13953ish too. I like 13935
Last edited by Spartan_Forex; 03-15-2011 at 10:16 PM.
Tony, I'm not sure what the charts are trying to tell. Will you give a clue or two?
They are channels of progression. The channels compliment my indies. The original shows the recent decline from the temp top, the resistance plays a dual role, it contains price from going upward or breaks and provides support for any additional declines before an eventual bounce. If my indies are bullish then I use the support channel to go long and opposite if my indies point down south.
Go ahead switch the style up' And if they hate then let them hate and watch the money pile up.'
Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
English
Español
Français
中文
Deutsch
Italiano
العربية
Sverige
Ελληνικά
Posting Permissions 
Originally Posted by Mary R 
