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Byrd replied Sep 23, 2009I wouldn't stay married to that outlook. This type of selling in Dow/S&P/Gold etc. is a major clue to sentiment change and while it could be retracement - it starts the ball rolling for a major correction. We needed that spike. Thank god it finally ...
EURUSD
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Byrd replied Sep 22, 2009More like end to an up trend. I think it'll be sold off regardless of the info. This would be one hell of a pump and dump if that were the case.
EURUSD
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Byrd replied Sep 22, 2009It sure is nice to finally see some selling pressure. Lets see if it sticks.
EURUSD
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Byrd replied Sep 22, 2009Does today sound like a good day for capitulation?
Edit: Just hit 78.6% retrace in USDCHF --- if it breaks that.....brace for impact.EURUSD
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Byrd replied Sep 21, 2009It's monday
Although for any of you who trade Ichimoku -- It's finally trading under the 1H cloud pretty consistently for the first time since ~1.4200. Only thing one needs is confirmation on the the 4H cross.EURUSD
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Byrd replied Sep 20, 2009"New York-based Goldman Sachs....predicts the yen will weaken to 98 per dollar and 142 per euro by the end of the year" “There is no inflation on the horizon,” said Michael Cheah, who manages $2 billion in bonds at SunAmerica Asset Management in ...
EURUSD
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Byrd replied Sep 18, 2009Looking at the daily formation it's a beautiful hanging man formation that didn't even test previous day highs, took out yesterdays low, and closed below the close of two days ago/open of previous day. For continued bearish move I'd look for a ...
EURUSD
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Byrd replied Sep 18, 2009Soo the Dow and S&P are making new highs and eurusd is melting yet we're still calling 1.5? Once the Dow starts sinking it will inevitably bring the euro with it.... patience is a virtue. We hit 10K on the Dow in 1999 or so in a booming economy, ...
EURUSD
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Byrd replied Sep 16, 2009We haven't had 9 straight days of gains in the eurusd since Oct. of 2004. For the love of all things humane..... we're due.
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Byrd replied Sep 16, 2009China bought gold as a hedge against the falling dollar a long time ago. Why do you think there were rumors of them selling at 1.4600.
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Byrd replied Sep 16, 2009EurUSD got its 1.4720 Gold got it's $120 Dollar Index got it's $76 Dow got many presents 9750 Oil got it's $75 Bulls happy yet? I'm looking to see how this Friday (Tripple Witching) plays out.
EURUSD
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Byrd replied Sep 16, 2009It was sitting on decent support and they had been holding long since the beginning. Why not add to the position and atleast BE or make a few especially if stocks are climbing it was an easy trade. Atleast this is how I think about it. Lets see ...
EURUSD
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Byrd replied Sep 16, 2009This spike was just the euro session traders closing out....putting in a potential lower high.
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Byrd replied Sep 16, 2009
1.4707 is going to take a serious chunk of change to break. If $120 gold won't do it..... who knows. Price was finally acting skittish up there too which was nice to see for a change.EURUSD
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Byrd replied Sep 16, 2009Price is finally showing signs of skittishness about 1.4705. It's going to take a serious chunk of change to break that barrier. I'm surprised it held as gold hit $120
EURUSD
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Byrd replied Sep 16, 2009The past couple sessions it has been strong USD during European hours and weak USD during US trading hours. I wonder how it'll go with today with the opposite happening. She def. doesn't like the sound of >1.4707
EURUSD