Did you catch the falling knife?

Malaysia

German consumer confidence soon. Not sure which way it will play the currencies. The expectation is set pretty low. Euro might take a spike and drag cable along with it.

Malaysia

I stated that buying eurusd now is high risk, and it would be better to wait for it to reach 50 or 62% fib, but the risk there is higher. Could you please elaborate? Any time frame you are looking at for eurusd to reach 1.5785?

EURUSD

Sounds like a plan.

Malaysia

Did you get out of the short position? It's moved down a bit now.

Malaysia

Morning is almost over. How low do you expect the pair to go for the rest of the day (GMT+7)? Thanks.

KG Worlds....

Why do you think the Dow Jones will plummet? Are you looking for it to go down today or is it on longer time frame?

No Brainer Trades

Why not short it?

Cable Update (GBPUSD)

So you are expecting cable to go way down next week.

Cable Update (GBPUSD)

Where do you see that? On your broker's interface?

EURUSD

I am not scaring you. www.xe.com is. I am in the same boat, hoping euro to go up next week. But many on the site have said www.xe.com and some others indicate the currency movements during the weekend, however slow. I don't really know the validity ...

EURUSD

Raz, What's your take on AUDUSD now? Are you in? Is it going to drop more?

Trading Aussie Jacko Style

According to this website, eurusd has gapped way down: url What do you guys thnk? Is it reliable as an indication of next week's open direction?

EURUSD

We shall find out in a few hours. I am not in any position right now. Will decide later.

Cable Update (GBPUSD)

I was just giving you a hard time. I knew GDP is quarterly. The retail sales number was very red yesterday. Last month's retail sales came in better than expected due to people buying summer items early. It was reported on bloomberg. So I am still ...

Cable Update (GBPUSD)

And the this month's retail sales will be included in next month's GDP?

Cable Update (GBPUSD)

Why do we want to look at the previous month's number?

Cable Update (GBPUSD)

Wat do you mean by much better than expected? 4:30pm GBP image Retail Sales m/m image -3.9% -2.5%3.6% image

Cable Update (GBPUSD)

Did you get knocked out?

Trading Aussie Jacko Style

Which bank did you go? Did you get some euro then? What's the spread?

EURUSD