Actually it is the first time he has said that he is concerned about the level of the dollar, instead of his normal "that is the treasury department's job"...

EURUSD

Bernanke

EURUSD

Awesome! Congrats. Now let's see if this thing decides to head my way.

EURUSD

God I hope so

EURUSD

wtf — Any other day "not as bad news" means rally for the USD. Today we get bad news for the EUR (german retail sales), and better than expected results for the USD (not as bad news as we thought), and the freakin dollar starts to lose ground ...

EURUSD

why?

EURUSD

The news were not that great, and lately Eur has been shrugging good news and the USD rallied on "not so bad news". Well, but it looks like I will get my a.. handed to me by the Eur. It is heading north and I have been left behind waiting for it at ...

EURUSD

I thought it would head down and I could get out before the news with a few pips. Mistake. Got stopped out. Had to put a tight SL in case the news were crazy good for Eur.

No Brainer Trades

i went short from 15480. had a feeling so I protected 10 pips with a stop, and price came back and knocked me out with my 10 pips. I went back short at 15479> let's see how it plays out.

No Brainer Trades

Guess that is why it bounced from that area back to the 4883 area.

EURUSD

let's hope for a break of the 1482 area down to 1450.

No Brainer Trades

i'll ask my five year old when she wakes up. but just a wild guess....DOWN

EURUSD

i guess they have to buy more stuff to get better numbers

No Brainer Trades

News due out in 10 minutes could affect the scenario right?

No Brainer Trades

question — anyone think we might hit 1552-1559 tonight before continuing down, or are we at the top now and downhill from here?

EURUSD

so I guess Ben didn't have anything to say?

EURUSD

so is he speaking? — I hope whatever he says, he does not mess the nice little uptrend that has been going on the last minutes.

EURUSD

is it still valid? — eurusd hit the 1.5531 and it rebounded, does your trade still hold true on the levels you mentioned before, or is it too risky now because it may break lower?

No Brainer Trades

I'm no Billy, but it looks like we should be looking for the next higher level between 140.48 and 104.58. But with the drop of oil pushing the Dow up, I would be careful since it could shoot up during Asia and Europe and head to the 104.70 or low ...

No Brainer Trades

THANKS — Great explanation. I actually understood it, now that is something!

No Brainer Trades