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- scyang replied Apr 18, 2008
Can anyone explain why usdchf shot up like that Friday, when all the economic news seemed be positive towards the european currencies? Only thing is that citigroup and google's earnings were better than estimates, which sent the Dow way up. But ...
USD/CHF
- scyang replied Apr 18, 2008
But what's the reason why gold dropped so much? I don't think things happen for no reason - just trying to understand.
EURUSD
- scyang replied Apr 18, 2008
I did say if you were holding a eurusd short position and thought you've lost all, you could still dig yourself out if you are patient. Friday was the perfect opportunity for those people to redeem themselves and cash in.
EURUSD
- scyang replied Apr 18, 2008
This report should give all the more reasons for euro to go up, not down. I don't understand why it fell that much when all the news released on Friday for in support of euro going up. Is this reverse psychology?
EURUSD
- scyang replied Apr 18, 2008
Anybody got any clue why euro has been dropping like a rock? There is no further news after the German PPI report, which should have helped euro, right?
EURUSD
- scyang replied Apr 18, 2008
eurusd has almost no movements right now. What's it doing? Those who are very experienced in forex trading might know what it's up to, since I am almost one step behind.
EURUSD
- scyang replied Apr 18, 2008
I never do that on purpose. It's usually by accident - I got in without setting a stop loss, and had to be away. When I came back, it's a huge hole. Thanks for the warning. What is a good stop loss point. Some say 20 pips, some say 50 pips. I used ...
EURUSD
- scyang replied Apr 18, 2008
I has happened so many times to me - getting in at the wrong time and have to be in a big hole for a long time. But seems like if you are patient enough, you can always get yourself out. I have been in a -200 pips hole before.
EURUSD
- scyang replied Apr 18, 2008
Did you jump in on the upward ride? What price did you get in? Anyway, congrats to you.
Malaysia
- scyang replied Apr 18, 2008
But euro lost steam quickly. Doesn't seem to be moving. Might stablize and go back to 1.5900 as it was before. What do you think. I am a newbie and don't know anything.
Malaysia
- scyang replied Apr 17, 2008
Could you please tell me what is the support, in terms of usdchf price. Currently it's going at 1.0050s. Thanks.
USD/CHF
- scyang replied Apr 17, 2008
Anyone else wants to weigh in on the direction of this pair today?
USD/CHF
- scyang replied Apr 17, 2008
Noticed chf weakened against euro in the last couple of days. Any idea why?
USD/CHF
- scyang replied Apr 16, 2008
Could you just quickly tell me what price is the resistence that it is trying to test before it will go down the bearish path? I will be at work at 9:00 est. May have to wait to try on a day when I don't work. Do you have Friday night 9pm?
USD/CHF
- scyang replied Apr 16, 2008
While eurusd is sky high, usdchf doesn't seem to drop accordingly. Anybody can explain why?
USD/CHF
- scyang replied Apr 15, 2008
Could you please share with me why the trend of this pair turned all of a sudden. Maybe it's very obvious for you, but bewildering to me. Pardon my ignorance. Just want to know what causes these turns in the market. Do the charts predict these ...
USD/CHF
- scyang replied Apr 15, 2008
OK, thanks. Please keep me posted on whether these levels are hit or not.
USD/CHF