Oil will come off this level for sure - down, that is. Perhaps not tomorrow, but next week oil will be down to $118 conservatively. Then depending on how the hurricane season progresses, possible slow uptrend. Not sure how much lower EU will be ...

EURUSD

I'm also short Oct gold from 840 - believe it or not, got filled @ day's high . This is all a temporary flareup; as cooler heads prevail, bears will have their day again.

EURUSD

The rally is not likely to continue much longer. Hold your short through Bernanke's speech - it will pay off as inflation will be emphasized more than anything else.

EURUSD

I just want to know - who are you referring to as "God of Forex"?

EURUSD

Ah crap, closed too soon... oh well, still short cable and aussie though.

EURUSD

Oops, got out just in case, since it looks like we're going higher for now. There will be much better shorting entry points later on tonight.

EURUSD

Short from 1.4790. The bounce was partially supported by the better than expected ZEW numbers but I agree that it will be short-lived.

EURUSD

I did - see above.

EURUSD

Be VERY careful. Oil and gold can drop again on a moment's notice, and then look out below. Made some money going long today, but it still looks like shorting is much easier. Would like to wish you luck but that would mean wishing failure on myself ...

EURUSD

A BIG takedown is coming in Asian session again - buckle up. Loaded up short AU, GU and EU.

EURUSD

Anyone think the rally has exhausted itself here? The chart is starting to look bearish - I think we could see low 1.05 - high 1.04 by the end of next week.

USDCAD trend reversal?

Anyone ready to start dipping their toes long in AU yet? Looks like it might be due for a bounce here... I know the $ has been off the hook lately but with oil and gold possibly finding some support Aussie should do better against USD than say, ...

Aussie Pairs

That's a lot of trades in a pretty short time frame in a strong downtrend; do you prefer scalping as your trading style?

EURUSD

Wow, now those are some seriously greedy bastards - they're clearly long USD, too!

EURUSD

Thanks for taking the time to reply, but I'd have to respectfully disagree on several points here. 1. Oil - a mere month ago when oil was trading around $140 nobody was screaming "OVERVALUED", but instead everybody was accepting as the fact that oil ...

EURUSD

So does nobody have a rational explanation to offer in response to my earlier post here? What is this we're witnessing here - a government intervention or just a "normal" course of events, i.e. technically sound selloff? If you're inclined to think ...

EURUSD

Cheers, dude - I have tried to make sense of Warren's posts in USD/JPY thread but for the life of me couldn't. Mostly he just posts some newsflash quotes and demands respect for accuracy, seniority and trading success. Looks like I might have to ...

EURUSD

This is &^$#in crazy! 800 pip drop in two weeks??? Does everyone suddenly like the $ so much that even gold is in danger of falling under $800? What the hell - I covered my cable short at the Sunday open @ 1.91205 with a smirk on my face thinking I ...

EURUSD

Good observation. I saw very similar patterns last August when credit crunch was just coming to light - in a couple of days most majors lost 600+ pips against the dollar and yen. We may be seeing a very similar pattern, indeed - with the humongous ...

EURUSD

With Fannie's "earnings" to be released in the morning and after this huge correction, EU looks very tempting to get in long. There is nothing in the fundamentals to back this dollar rally, so far as I can see.

EURUSD