In these current irrational markets, a massive herd of godzillas could invade Europe and the markets would shake it off and buy euros on the news that Joe Blow's hair care and tire center in the middle of nowhere USA went out of business.

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Currently good data from US = less risk aversion so people sell dollars. Bad data from the US = "Uh oh, US is in trouble, better sell dollars". SM can spin this shit however they want. This is why trading in anticipation of news is pointless.

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Not really, if ISM is bad this pair will move higher. If ISM is good... this pair will also move higher. Your welcome.

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Anybody else here using oanda notice that charts are on like a 1 sec auto refresh instead of per tick?

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Anybody with Oanda notice tick is acting kind of funny? Kind of like its refreshing price every second instead of tick by tick or something? Might just be low liquidity or my internet connection, but don't remember it acting like this before. Seems ...

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Thanks man, I'll try this out.

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The government is spending a lot of money on dumb shit right now. If you get rid of all these handouts and set aside all your "it's time for change" projects for a few years, you have the money for these tax cuts without going further into debt than ...

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Yeah, it's kind of a double edged sword though. The stock market is a leading indicator of economic recovery. If the dollar starts going up again it will slow down or halt growth in the markets. This scares consumers who pay a little too much ...

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Not 100% sure I understand you correctly, but I was basically talking in regards to US assets which people in other countries invest in. Obviously McDonads isn't going to jack up the price on a burger by 1 cent because the dollar dropped a bit that ...

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Yep, usually a pretty nice inverse correlation between dollar and stocks and commodity prices, although this last month or so things have been a bit bonkos.

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I'm just talking in theory. All else equal, if you have a weaker dollar your products are going to be more competitive i.e., exporters in the US want a weaker dollar. In addition, if dollar is weaker, all else equal, stocks and commodities gain. ...

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Where did I say this? I said somebody is trying to prop the euro up and not sure who this is but US has much to gain by weaker dollar. This would imply that a stronger euro (propping up euro) = weaker dollar. The part where I said I would favor a ...

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Yeah, I don't really have the answer. US seems to have quite a bit to gain from a weaker dollar. Obama seems to have his mind set on increasing exports and weaker dollar = stronger markets = better economy. If I'm Trichet I'd be in favor of a ...

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I don't think it was banks buying euro to pass test. Whoever has been buying the euro has been doing it with the sole intention of strengthening the euro. Look at your charts and how the price jumps every time the euro starts to get a little weak. ...

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The sooner the better, I'll be here to place my trades after the dust settles .

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Yeah could be, I'd give it a week or two though. Probably gonna be a lot of fake outs and BS before people show their real hands. I find it hard to believe people are buying into all the crap Europe is feeding them. I could be wrong and things might ...

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A little early to be jumping to conclusions isn't it?

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Anyway, for those that buy into this BS, I'm selling invisible gold bars. Send me $10,000 and I'll mail you one.

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If you place trades based on what GS says your account will go up in smoke fast.

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That's what they were going for. Tests are complete pointless BS. If the rally over the last month was people anticipating these tests to actually prove something, my bias would be short.

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