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- mikkom replied Sep 17, 2008
I would guess all the stops. Top peaks are very close to each other and lower after lower.
EURUSD
- mikkom replied Sep 17, 2008
quote from yahoo finance Looks like there is a widespread panic at wall street and this causes all these crazy moves. This is probably not the worst time to buy some gold futures.
EURUSD
- mikkom replied Sep 17, 2008
It might be that market know something that has not been reported yet. .. or then this is just another peak without any reason. I'm so happy to be flat at the moment (well I would have been ever happier to have 10 lot position on that rocket)
EURUSD
- mikkom replied Sep 17, 2008
This is a bit out of topic of this thread but at times like this it's really worth checking these indicators: url They tell you the current overall strength of a currency against other currencies and can give valuable info about when to trade some ...
EURUSD
- mikkom replied Sep 17, 2008
IMHO eurusd in untradeable at the moment. I'm flat and intend to keep that way. I'm currently trading usdjpy simply because it correlates to us stock markets and they are crashing. A lot easier than crazy eurusd.
EURUSD
- mikkom replied Sep 17, 2008
Get a decent interbank broker. I love IB, especially the fact that they allow you to trade etf's and stocks too.
EURUSD
- mikkom replied Sep 17, 2008
If this would be normal market, I would say this is the perfect opportunity to go long. Higher high, higher low, another hh and hl. HOWEVER now when ECB might pour new money whenever they feel like as they have in the past two days, I will stay flat.
EURUSD
- mikkom replied Sep 17, 2008
political bias? Market is all about supply and demand, it's in fact the basic reason why we even have a market. Adding supply diminishes demand. Adding more money to the market makes it less valuable. This is not political, this is very basic stuff. ...
EURUSD
- mikkom replied Sep 16, 2008
Here is a quick article about one of the reasons why dollar kept its strength today against euro url Monday: 30 billion euros Tuesday: 70 billion euros
EURUSD
- mikkom replied Sep 16, 2008
In fact I was. Yen is very correlated to US markets so I think it moved because stock markets moved, not on its own.
EURUSD
- mikkom replied Sep 16, 2008
What the hell just happened? s&p jumped up faster than I thought possible. Never seen anything like this before. I will not touch this market.
EURUSD
- mikkom replied Sep 16, 2008
Has anyone links to any resource that tells the current daily/hourly etc correlations between EURUSD and DOW/S&P? What I'm looking is not the current correlation but average correlation for last week, month or whatever period they offer.. thanks!
EURUSD
- mikkom replied Sep 16, 2008
Just a little hint regarding FOMC. Has anyone thought about risk/reward ratio of different outcomes? If FED lowers rate what happens to EURUSD, if FED keeps the rate the same what happens? And then think should you be long, short or flat before ...
EURUSD
- mikkom replied Sep 16, 2008
I kind of agree with this but there is one but. Only way to fight deflation is to add money to the market and lowering rates is one of the easiest ways to do it. Cpi was negative. You probably all know where deflation leads if it begins to feed ...
EURUSD