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- scyang replied May 26, 2008
I know exactly what you mean. I have been there many times myself. You expect the price to go a certain direction so you get in. Then it doesn't happen that way, so you are stuck and more or less forced to stick to it for a longer period of time. ...
EURUSD
- scyang replied May 26, 2008
You must be the lone voice in the wilderness. I am not in any position right now. Will stay on the sideline to see what happens later. Hope you do well.
EURUSD
- scyang replied May 26, 2008
Where is everybody who was short on this pair? How fast things change.
EURUSD
- scyang replied May 26, 2008
I also agree that it's not so simple as shorting USD all the way. There will be a mixed bag of news from today for the rest of the week. The major pairs will be pulled all different directions, some quite against the logic.
Malaysia
- scyang replied May 26, 2008
DRT, Thank you very much for your detailed analysis and explanation for eurusd move.
Ask DRT
- scyang replied May 26, 2008
Hi DRT, What do you eurusd will do in the next day or two. It's been most indecisive. Thanks.
Ask DRT
- scyang replied May 26, 2008
Are you still holding your short position for eurusd? It seems it is not going down as planned. I even saw 2 evening stars in 8 hours, but prices still holding on and even heading up a bit. What is happening? Is the thin volume without UK and US ...
Malaysia
- scyang replied May 26, 2008
Would you please share with us what you think will happen to USDCAD? I think someone else was asking the same question. It seems like it is due for a rebound since a sharp downtrend for some time now. But I can't see any clear signs from the chart.
Ask DRT
- scyang replied May 26, 2008
Thank you for your kindness in being willing to share your expertise. I am sure it will be a great help to us new ones.
Ask DRT
- scyang replied May 26, 2008
It's just weird. I keep seeing evening stars, but the price doesn't really go down much. Just ranging. Is it because of thin volume that obscures things?
Trade the Curve
- scyang replied May 26, 2008
Then what do you expect will happen when the Asia markets open up at night?
Trade the Curve
- scyang replied May 26, 2008
Do you see there are a lot of signs of eurusd going down today?
Trade the Curve
- scyang replied May 26, 2008
What do you see that makes you think things have changed?
Cable Update (GBPUSD)
- scyang replied May 26, 2008
Wow, wait a minute. Where did that number come from?
Cable Update (GBPUSD)
- scyang replied May 26, 2008
Has anybody noticed the co-relation between GBPUSD and EURUSD? Do they tend to move in tandem or are they totally independent?
Cable Update (GBPUSD)
- scyang replied May 26, 2008
Oops, you picture does not show. The cross of MA 100 & 200 could mean bigger moves, but it could also be downward move if it bounces. There are articles about "dreaded death cross" for currency and equity markets because it's sharp drop from there. ...
EURUSD