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iflyjetzzz replied Jan 29, 2011I'm sorry to hear that. I've been under the impression that peace and prosperity flourished under King Abdullah - it sounds like I've been misinformed. I guess I've been a victim of a good public relations campaign along with shoddy/slanted coverage ...
EURUSD
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iflyjetzzz replied Jan 29, 2011OK, I see the basic problem here. You're looking at charts. Technicals are out the window; take a look at the fundamentals. I've been watching Egypt for the last 7 hours, monitoring Al Jazeera and other news sources. The freaking wheels are coming ...
EURUSD
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iflyjetzzz replied Jan 26, 2011I'm keeping a very close eye on China. I think that their growth is about to hit the wall and their days of driving commodity prices up will stop for a bit. If China starts slowing down, the world should see a decent drop in oil prices. Edit: here's ...
EURUSD
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iflyjetzzz replied Jan 26, 2011If you ignore the other bazillion inputs to the markets, I'd interpret no changes by the FOMC as a risk on play. Risk on had translated into dollar falling, equities and commodities rising over the last couple of years. So yes, Euro up. If ...
EURUSD
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iflyjetzzz replied Jan 26, 2011Let me toss out my perspective. After watching part of the State of the Union and both (Cantor + Bachmann) responses, I think the Fed will be holding the course steady, as they should be anticipating a cutback in Federal spending. If you look at ...
EURUSD
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iflyjetzzz replied Jan 26, 2011PMFJI, but why do you think that there might be something hawkish out of the FOMC? I anticipate them to simply make a xerox copy of the last FOMC announcement and just change the date.
EURUSD
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iflyjetzzz replied Jan 22, 2011I don't know where you're getting your news from, but I view the fundamentals as increasingly bullish for the EUR in the last couple of weeks. I don't know what's going to happen over the weekend but at this point I'll be looking for opportunities ...
EURUSD
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iflyjetzzz replied Jan 21, 2011Holy shnikes ... I just stopped by to see how things are going. I didn't expect to find us above 1.36. It seems due for a retrace but I'm staying out of the way of this freight train.
EURUSD
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iflyjetzzz replied Jan 21, 2011That was 80 pips ago; my bid was .34605. Time for a nap; I'm not comfortable playing right now. Good fortune/green pips to all.
EURUSD
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iflyjetzzz replied Jan 21, 2011What's the TF? I've had a crappy (unprofitable) week. Today's positive and the last 2 1/2 months since I returned to trading FOREX have been positive. Like everything else in FOREX, it depends on the TF.
But yes, the odds are against you, ...EURUSD
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iflyjetzzz replied Jan 21, 2011Damn. Missed getting my bid filled by 4 pips on that last drop. At least I wasn't the next unfilled bid in the cue when EU rose again.
EURUSD
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iflyjetzzz replied Jan 20, 2011My read from a fundamental point of view is that this feels very similar to when the EU got down to 1.18xx on fears of EUR collapse. They got things stabilized and it rose to 1.42xx. Fears of Portuguese/Spanish collapse brought the EUR down this ...
EURUSD
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iflyjetzzz replied Jan 20, 2011It's silver. I don't follow silver so I don't know how volitile it can be.
EURUSD
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iflyjetzzz replied Jan 20, 20113450's also a number I look at ... xx50 will always have a cluster of orders due to it being a 'round' number.
EURUSD
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iflyjetzzz replied Jan 20, 2011Far be it for me to proclaim this a pattern, but I've noticed that the EUR tends to sell off between the US market close and this time of day. And then it's been rallying in Asian trading. I bought on the dip so I may just be talking my book ... (TP ...
EURUSD
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iflyjetzzz replied Jan 20, 2011Nice post. I've been taking the day off so I missed the latest FF food fight. (Needed the time off to get in the correct frame of mind for FOREX). I've learned a lot from posts of selective individuals; T@arantula and Cloggie are two among the few ...
EURUSD
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iflyjetzzz replied Jan 19, 2011Bad day in US equities. NASDAQ currently down 44+. I'll step back for the rest of the day and see if Tokyo's serving up bad sushi or if they're drinking the good sake.
EURUSD
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iflyjetzzz replied Jan 19, 2011That's why I'm currently leaning toward bullish EUR but I'm cautious due to Chinese President Hu visiting Obama. We could get a USD bullish announcement out of the meeting.
EURUSD
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iflyjetzzz replied Jan 19, 2011Let me be the first to say that I'm negative for the week; back to breakeven for the month. First weekly loss in quite a while. I'm seriously considering taking the rest of the week off; my mental state isn't the best to trade at the moment. I'd ...
EURUSD