STOCKS: Japan shares surge ahead 1.96% after U.S. VIX (fear gauge) closes at lowest level since before Lehman collapse Source: DailyFX Forex Stream We all know that the stock markets can turn on a dime though.

EURUSD

Yeah, I hear where you are coming from. Do I think the EUR should be at this level? No (not based on its fundamentals). But to me, it's not about the EUR, it's about the weakness of the US$. From memory, a few years back they screamed a lot louder. ...

EURUSD

It sometimes gets confusing on the forum, I'm saying my charts look bullish and you're saying you are shorting heavily - lol. I know you are only scalping though. Looked at your stats - nice one.

EURUSD

Mmmm, okay, that's about as clear as mud to me. I think you are saying that even though oil stocks are full, it's still going to go up because of all these tensions and the greed of some people? Am I on the right track? Do you remember last year ...

EURUSD

Hey Gator - question for you if you don't mind. If oil stocks are full and India now has oil etc, do you think there is a chance that oil price could go down while the US$ is depreciating? OMG, it's just shot up to $73.22

EURUSD

Agree. But that's why I was quoting John Maynard Keynes the other night and why it is one of my favourite quotes. It is always a timely reminder to me when I can't see sense and I try to fight what my charts are telling me (whether I think a ...

EURUSD

The EUR/CHF pain level seems to be 1.50 now. Good idea to keep an eye on this cross. I'm also wondering when the EUR verbal intervention will start. Surprised we haven't heard more by now. That's why I was a little surprised by their green shoots ...

EURUSD

Yes, I can see good scalping opportunities at this level (I wouldn't be aiming for 100 pips or anything), but if you get in at the wrong spot it might be dangerous. Gold is up, crude is up ... Do you usually trade Asian session?

EURUSD

Well I'm glad you are not shorting it. Good luck but I don't think you'll need much of that by the look of the charts today. Just sat down to have a look at them (and they look really bullish to me) and I see people shorting ....

EURUSD

And if that GBP breaks today, all hell might break loose and drag Euro with it (and I mean up)

EURUSD

If today's candle closes over 1.4143 we will have a green monthly candle. Pin bar on the daily and have you looked at those 4 hour green candles? I'm not going to try to catch this top. If anything, I think it might try to aim for the monthly 50% ...

EURUSD

Great thread. Thanks Acumen. I hope you don't mind if I link it to the womens' cave as a must read.

Trading for a Living - Cliff Notes

Up and down that lonely road of faith I have been there Unprepared for the storms and the tides that rise I've realized one thing ...... I believe we can make it through the winds of change Source: Kid Rock

EURUSD

USDX Daily — I know the day hasn't closed yet but I can't see it significantly changing the outlook of this chart. image

EURUSD

As long as you are making progress, it's all good. I think they are a bit sick of me in here banging that long drum

EURUSD

Well the index is at approx. 80 at the moment and we are at 1.4000. When it was at 71.50 last year Euro was up at 1.6000 so I would think if the USDX tanks to 60, we could expect Euro to be at approx. 1.8000 (but don't quote me)

EURUSD

Hey Stew - how is that weekly target of yours going? Good I hope. I'm not sure what's going to happen for the rest of the day but I'm trying to overcome my long bias so that I can trade both ways (I'm so blinded - always looking for that long ...

EURUSD

If this was aimed at me (I'm a bit slow sometimes) but yeah . Thanks

EURUSD

Gold is down about $8.00 from it's high today, crude $2, US futures are red. Mmmmm, why aren't we seeing more dollar strength? PBOC? Delayed reaction? Or the US$ is just in the dog house?

EURUSD