Not worth it. No idea what will happen this week. Will it get even uglier for USD? Or will there be HUGE reversal, on the rate cut just to stick it to the momo players?

Taking the Day Off

Amen Brother — Are that many people in America so stupid, or just in denial?

Outlook 2008, The Upcoming US Depression

Just a reminder... — Bush supports a strong dollar. That's all you need to know.

Dollar

Chaos out there. Was up 1% one min, down 1% the next... I tried today. EURAUD short was looking good, until the EURUSD blast off. Still a great week. Forgetaboutit.

EURUSD

For the record, I most money I have made in short periods was by exposing myself to extreme risk. The key was to recognize I was LUCKY and to take the money and run, and start all over again with house money. Since then I have been being more ...

Giving It All Back.

image Consumer confidence was in the dumper, so I hear ya. getting a little hairy , kind of hanging tight until something gives...can't keep going up forever, it's just really going to the extreme before it turns. EURAUD forming H&S, but I am not ...

AUD/USD

Well, got some chores done... Looking at my EURAUD short I closed earlier, shoulda, woulda, coulda netted me over 100pips if I just let it go. But I am pleased to have at least interpreted my new trading strategy properly, it just was taking too ...

Taking the Day Off

Those numbers were great. Looks like Australia, despite negative consumer sentiment, has good things going on in economy for now. My wife wants to move from US to New Zealand. I better stock up on the Kiwi, I guess.

AUD/USD

Yeah. The FED is trying to keep the financial parts of teh economy from seizing up, the american consumer is still tapped out, facing record energy and food costs and in the midst of a housing meltdown.

I need an economic explanation

It happens. The first challenge is having the courage and skills to fight back. Find a way to minimize the random blowup trade.

Giving It All Back.

Been watching EURUSD, Trading EURAUD, doing well this week. Like a whole new world. Not sure what the dollar is going to do next, I just need to figure in either a case of depreciation which pair will fair worse the EURUSD or the EURAUD, and in the ...

EURUSD

Been on a tear lately. — Focusing on EURUSD, AUDUSD and EURAUD - between the three of them I have a fairly good handle on movements. I can also use each pair to diversify my positions, however this afternoon I have traded the EURAUD 4 times ...

TickerShuffle's Trading Journal

LOL so true, used to be stable pair...

EURUSD

At some point commodities have to correct, it's a bubble to the max, fueled by speculation and financial gaming. At some point people who actually NEED the resources they are buying on the futures markets to make their products are going to stop ...

EURUSD

Perhaps a bit of correction is in order for commodity prices?

Commodity Currencies

200 Billion enough? — that's 25% of the fed balance sheet now loaned out on mortgage backed securities. Banks are fortunate. That's not going help Joe Schmoe who just lost his job and has debt out the kazoo, though it might prop up the market ...

EURUSD

It could go either way...lesser fed cut worries me. I'll tell what my trade is when I do it, you should have a lock on the trade if you just do the opposite of me.

EURUSD

Not touching this stuff — Can't go long fear of lesser rate cut from FED; can't short either. got lucky today, not going to push it for once. Going to the township building to get a burning permit, do some yard work and get primal.

EURUSD

Looks like the FED is going to put all those shitty mortgage loans on the balance sheet. Great now the American tax payer can bail out the banks again. What bullshit. Edit: I have to take this back, looks like the loans will be on the books only ...

EURUSD