Chinese labor went up today. That's a crisis for businesses. Bloomberg was talking about some company dumping their factory in the mainland and moving to the east where they can have cheaper labor. Could of sworn they said the company will employ ...

EURUSD

BTW, here's another interesting note. In the end of Nov 2009, the Japanese government was concerned with the Yen's strength. It was about 88.20---where it is now. They did something about it and the UJ went up after that. 4-6 weeks later, it went ...

USD/JPY Discussion

Yeah Mary. Sounds to me like Japan is walking a fine line and there's some disagreement about what to do. The last thing they want is anything that takes away growth. BTW, are you looking for UJ to go down or up?

USD/JPY Discussion

Saw another article on that site about Kampo buying dips at 89. Didn't help any. Don't know much about what they are trying to do though.

USD/JPY Discussion

I'm out now, but I was shorting when it was above 1.1400. So sad that I took my trade off. One day I will conquer my issues with patience. Happily, my issue with letting winners run is getting much better. I've thought of getting back in many times ...

USD/CHF

Was listening to Bloomberg Asia and they said that given the Tankan Manufacturing Index numbers, the BoJ might now feel like it doesn't need to do anything. Waiting to see if it breaks 88.

USD/JPY Discussion

Still has plenty of potential for downside. Going to 1.0000?

USD/CHF

Here are some interesting thoughts (maybe). I decided to pull up the monthly chart so I could see price action from 1993 until today. 1. In June 1995 an uptrend was started. 2. This uptrend lasted exactly 3 years to June 1998 (highest green candle, ...

USD/JPY Discussion

Still just reason to short for me. The 60m chart shows about 88.36 as the level it keeps testing. And action went from a sideways trend to breaking south. Waiting to see. Could hover around this point for quite a bit. I think there's a lot of ...

USD/JPY Discussion

I got out as well. No need being greedy.

EURUSD

chugga chugga choo chooo

EURUSD

probably a mix of profit taking too. Force is upward though.

EURUSD

I wonder if we'll see a flurry of stops hit around 2290s...if we get there. Getting close.

EURUSD

That spike just closed out the beautiful short that was going on.

Cable Update (GBPUSD)

Well, this whole thing triggered my buy of EU. Now I'm wondering what to do. Got to stop putting in these pending orders and walking away.

EURUSD

Looks to be coming down now. So a whole lot of nothing in a few minutes from now unless something changes.

EURUSD

Talk about crappy timing. My GU trade was working so magically then BAM, my SL was hit. At least I locked in a ton of pips. Sucks. Wonder where EU is going now. Stupid news.

EURUSD

wow! I was just minding my own business and bam. Spikes all over.

EURUSD

Still riding the S train and locking in pips. What a great setup. Might bounce around and knock me out, but I got a good trade out of it. Actually hit my original target. Got to reevaluate now.

Cable Update (GBPUSD)

Hope so. I've been short since 1.5070 just waiting for this drop. Finally got it. Locked in pips, but would like to see more.

Cable Update (GBPUSD)