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- scyang replied May 6, 2008
Wasn't really expecting any such quick movement. I thought it moved drastically already in the last 10 days. Never expected that. Just think that it should change direction and go south now. Nothing goes on forever. The bull is exhausted now, I ...
USDCHF moving up for 2.5 weeks?
- scyang replied May 6, 2008
Any updated analysis on what the pair will do next? Seems like it's peaked at 1.06 and can't go any higher. Down down to 1.0480 now.
USDCHF moving up for 2.5 weeks?
- scyang replied May 6, 2008
I guess we will see what happens with the US session, which direction it pushes the euro.
EURUSD
- scyang replied May 6, 2008
I don't know if he has sl because he sounded like he was going to wait out the up swing and let euro go back down again.
EURUSD
- scyang replied May 6, 2008
Are you still in your short position or got out with the downward swing just now?
EURUSD
- scyang replied May 6, 2008
Forexfactory calendar marks this event to be low-impacdt: EUR image Services PMI (r) Not sure if it will influence euro one way or another.
EURUSD
- scyang replied May 6, 2008
I wish I knew why euro just dropped about 50 pips. Nobody reading the charts has predicted it.
EURUSD
- scyang replied May 6, 2008
No idea. Can we trust these so-called analysts? If you are in profit, then close position. Otherwise hold out a bit longer I guess.
EURUSD
- scyang replied May 6, 2008
You are right about that. But everybody pretty much agrees that the ECB's top mandate is to control inflation and that's what they have been doing.
EURUSD
- scyang replied May 6, 2008
Trichet is going to start speaking about now, so that will probably push euro back up again since he's always been hawish.
EURUSD
- scyang replied May 6, 2008
London doesn't always beat down euro and push up usd. Doesn't make sense.
EURUSD
- scyang replied May 6, 2008
What just happened to euro? I stepped away for 20 minutes and it dropped 30 pips. Any news came out?
EURUSD
- scyang replied May 6, 2008
Euro hovering at 1.55. Are you breakeven yet? What euro's next move when London comes on in a few minutes? Anybody got an expectation?
EURUSD
- scyang replied May 6, 2008
You are one brave dude, going against what all the big name analysts are saying. I hope you are right.
EURUSD