That's the oldest betting strategy on earth. Can work great at craps if you get a lucky streak. Forex would take to long. if you want to throw $1000 away go to Vegas and try your luck on the craps table.

A Dream Scheme... (Don't waste your time)

Not to raise conspiracy theory, but the divergence from OIL/GOLD values and USD and other majors, it's telling me the banks that are not typically in the Forex Market too much are now in trying to find somewhere to make profit. Basically, banks who ...

Cable Update (GBPUSD)

Was 1.49XX the top? Is this drop the beginning of a new trend? Did the banks get all the cheap dollars they wanted and now plan to run the Euro into the ground to reap the harvest? Why did I feel the recent dollar hype was .. just hype? Why did I ...

TickerShuffle's Trading Journal

Uh oh...100 day SMA on daily is broken — 1.44 is in the mix now. hmmmm This does not look good for my long. Will have to wait until end of next week to find out the real status of the Eurozone economy. Could be a lot of pain until then?

EURUSD

Actually since 1996, but not so widespread until recent years. Whatever man, I don't want to argue. Just trying to keep it civil.

Pumping the USD

Hardly the top. The past seven years? Since the forex markets have only been accessible to smaller traders for a few years, I was trading equities seven years ago. I just got my 1.4492 filled, I am ready for 1.54

Pumping the USD

Now averaged in at 1.4616 on EURUSD. 4 mini lots. Might just look the other way for a while. (right) Sure don't want this to escalate into a major slide. We'll see. I like the Euro at 1.46. *gulp*

TickerShuffle's Trading Journal

Please. Why even care why it's doing what it's doing? Charts don't tell me anything about what's going to happen in a month. You have to look at both the technical and the underlying fundamentals. The Euro banks reporting lower earnings but no ...

Pumping the USD

no, long at 1.4650 - looking to add at 1.4492 Boggled by the talking heads on CNBC, who never talk about the dollar, reading their teleprompters and making sweeping and erroneous statements about the Dollar.

Pumping the USD

Funny drawing...nice job!

Cable Update (GBPUSD)

Trichet Comments Key — Think he will site, growth slowing, but still inflation risks. US problems not a big deal for Eurozone. Economy is robust and diversified. Monetary policy staying same is satisfactory.

EURUSD

After what happen to the GBPUSD, anything is possible I guess. Hate to see that, but this the the Euro we are talking about...*gulp*.

EURUSD

Subprime in US is not over - the effects on the economy will just get worse into 2009. I expect Euro losses to be minor. Support? it's just another all time low. The Euro is the new flight to safety.

Pumping the USD

Maybe the dollar is "oversold" against the majors, but it's weakening against a lot of other less noticeable currencies. Where's the bottom of the dollar weakness? Europe does very little trade with US as a part of it's [EUROPES] GDP, a slowdown in ...

Pumping the USD

I needed to hear that. EURAUD been on a tear by comparison. Thinking I might pull the plug on this and look for re entry. Looking kinda ugly, but since my position is so small I think i can handle 200 pip dip and look to add to long. Just with all ...

EURUSD

I'm long but I will buy moredown to 1.44. I'll be lucky to get filled at 1.4525 I think.

EURUSD

History teachers have been drawing attention to similarities of the fall of the roman empire to USA for years. USA has a real problem with lack of morals, IMO. It's a society based on how you can f-over the next guy to line your pockets, and they ...

EURUSD

Say what?

EURUSD