Agreed.

AUD/USD

not too dramatic a response to US retail numbers. They came out better than expected - what happen to the 60 billion in gift cards for January sales? Still holding long...this thing is basically flat for a week. Position is getting a little long in ...

EURUSD

The price is still higher than his original recommendation on the 7th. You come and say it's going to drop big everyday, eventually you will be right. Still never presented his analysis. I had to put him on ignore.

AUD/USD

Most amazing thing about USDJPY... Look at the start of this thread. "Long at 123.XX" A year and a half ago I was short USDJPY and got a little burned on a short from 118, lost 30% of equity and stopped trading forex for a year. Here we are 18 ...

USD/JPY Discussion

Chavez Suspending sale of Oil to Exxon — Should spike oil...drive dollar down..?

EURUSD

The greater-than symbols are just to indicate strength.

A rebound in US equities would mean:

I'm not a Fib guy, but I am looking at it thinking, 50% retrace is 1.47. Likely place to go park the EURO for a while? Otherwise 1.4640-60 is nearest fib. A rejection off of there could be a big question. Perhaps taking $$ at 1.4650 and getting back ...

EURUSD

Electronic trading service. Like Arca which was absorbed by NYSE and Instinet which was absorbed by Nasdaq. They make money by shaving a few pennies off each trade.

Commodity Currencies

Understand...NO ONE KNOWS for sure. You can't count on someone else to make calls for you, it's like cheating off someones paper in an exam. It's a lose-lose situation. You don't learn, and you run the risk of failing because of someone else. That's ...

Cable Update (GBPUSD)

Overbought on what indicator? H4 is close on stoci and Williams, daily is just turnign the bottom. nice EDIT: Uh oh, spoke too soon? looks like we need 1.4650+ on daily before we can celebrate.

EURUSD

The coincidence was the bashing of last week. I hadn't looked at the markets for a week...had family i town. I come back and see the "world" turned upside down. everyone else drank the punch to support the "spin". IMO

EURUSD

This has been the most bullish pair of all the majors. Coal is on FIRE - insatiable demand from china. China added a fleet of new coal power plants that just came online, they equal 1/3 of all the electricity made in USA. And that's just the NEW ...

AUD/USD

It's true. There is a lot of "horoscope" going on around here.

Cable Update (GBPUSD)

The fate of the EURUSD may lie in how the banks/media want to spin the financial reports of the big european banks. That's all the naysayers have on EURUSD... oh yeah and the "global" slowdown caused by USA subprime/recession.

EURUSD

Oh yeah, "Pi," that was a trippy one.

Any Good Market/Forex Movies?

I am still here waiting long. Besides the fundamental prospects of the eurozone vs. the US economy I find an interesting tidbit in the COT report for EURO Longs. The net longs actually decreased while the pair grinded away at higher levels than we ...

EURUSD

The Billionaire Boys Club

Any Good Market/Forex Movies?

Beats losing pips while holding longs. Furthermore, I think he was joking.

EURUSD

You and everybody else in the world is loving the interest. The cash, the bonds...It's the best deal in the global market. A little more stability than NZD and greater resources for export to Asian market. High interest tells two tales, but for now ...

AUD/USD

What are the factors against the EURO? Potential slowdown due to US economy weakness is all you can leverage against the EURO, and perhaps over valuation against some currencies. Versus the dollar however, and indicated in article by Bank of America ...

EURUSD