Actually the remarks were: "I'm not sure whats going on, but I have a few more years to see it play out before I retire. God Speed" Oh by the way did you sign up with the Obama Health Care, please do so I can retire with a nest egg.

President Obama Delivers Remarks on the Economy

The EURUSD just came off a double bottom after breaking the confirmation point at 1.3411. A retest of that level could be setting up if we see any dips. The overall all target is still set at 1.4081, then a dip towards 1.3710, before the next move ...

EUR/USD Takes 1.38; 61.8% Retracement is the Next Challenge

Support seen at 10329 on the USDX, before a big move north in the med-term. A rally could see the USD trading at 10646 before a continue dip Happy Trading, FxBigDog

The USD is under pressure and will fall further

This is where the fun starts Technicals vs Fundamentals!!!

Here's Your Ultimate Preview For Tomorrow's Huge Jobs Report

It was just a matter of time, but it was going to be done. The AUDUSD is trying to break the high at 0.9546, if it holds above we should see 0.9589 act as resistance for a strong dip south. If the bulls loose off the high, then buys are at 0.9473 ...

House and Senate both expected to vote on fiscal deal today

Are you kidding me, investors should be 100% nervous!!

China’s Investment Addiction

At the moment we are on the sidelines with the EURUSD, but we have shorts at 1.3693 with some buys at 1.3373 Happy Trading, FxBigDog

The Magic Of Elliot Wave Intraday

Why many Traders Fail!!! Well lets see! 1. Emotions 2. Bad EqM 3. Greed 4. Fear But the biggest Reason........they have no idea what they are doing!! 1. They trade based on free online education 2. Most are looking for fast Microwave start up kits ...

Why A Lot Of Traders Fail

The Fundamentals are lining up with what we have been seeing in the technicals for months now. It is just a matter of time before we see the patterns play out!! CRAZY STUFF!! But it is happening! Happy Trading, FxBigDog

Congress, please don't take the debt ceiling hostage

USDJPY Support at 97.00 should hold and push the pair towards 97.75, then decisions!!

Labor Department Won’t Release Sept. Payrolls Report Tomorrow

With this: "The U.S. Department of Labor won’t issue the September payrolls report tomorrow as initially scheduled because of the partial government shutdown now in its third day." Interesting times!!!

ISM Non-Manufacturing Index in U.S. Fell to 54.4 in September

ISM Data Release is driving the GBPJPY towards 155.80 target confirmed by the bullish butterfly, we might even see the 154.66 hit before a sharp rally backup towards 159.96 highs. Tomorrow NFP will help!!! Happy Trading, FxBigDog

ISM Non-Manufacturing Index in U.S. Fell to 54.4 in September

If you monitor the last shut down, the USDX rallied just after the shut down re-opened. And during the shut down we did not see any hugh bearish USDX movement, so expect this to be a range bound period followed by a short term rally! Happy Trading, ...

US Government Shuts Down for First Time in 17 Years

Daily Wedge breakout to the topside, so this may indicate buyers in the near term which is confirmed with the deep 4th wave correction on the smaller time frame. Intra-day bull crown created a second buy support @ 98.44, while other smart money were ...

Yen collapses on corporate tax cut talk

Once again..... Just to follow up on our comments on the AUDUSD. We were spot on with the bounce off 0.9232 and saw the market moving towards our target at 0.9478 where we reversed the position @ 0.9478 targeting 0.9283. For the late comers, a ...

AUD/USD - Wedge Breakout Needs Momentum

Expect a bullish three wave move on the USDX from the low at 10471, then another bearish move towards 10323

What To Expect From FOMC & How To Position? - Goldman Sachs

Howdy Traders, Just to follow up on our comments on the AUDUSD. We were spot on with the bounce off 0.9232 and saw the market moving towards our target at 0.9478 where we reversed the position @ 0.9478 targeting 0.9283. For the late comers, a ...

Australia Labour Force

We are short the EURJPY towards 132.14, then we will be buying off the gartley target at 132.14 towards 135.54 in the next few weeks. If the low at 131.54 does not hold, we have another buy at 130.85 taking us towards 135.15. Happy Trading, FxBigDog

EUR/USD, USD/JPY To Correct Lower; Buy EUR/JPY On A Dip - BofA Merrill