the hourly studies are oversold — The trend seems to be negative on the short term. However, I don't expect EURUSD to go much lower this morning, because the hourly studies are once again oversold. I expect sideways action during most of the ...

EURUSD

Looking to short near rezistence — The hourly studies are out from the oversold levels. I will be looking to sell at two succesive resistance levels. For today we have a first resistance level near 1,3987 but this is not very strong. The ...

EURUSD

Lokking to short near rezistence — The hourly studies are out from the oversold levels. I will be looking to sell at two succesive resistance levels. For today we have a first resistance level near 1,3987 but this is not very strong. The ...

Coldrecs' day trading journal

I'm back on this forum — It was busy months and years for me. My main occupation remained investment advisory and trading but I had little time to stay on forums. Now I am trying a come back because my daily schedule is a little less crowded ...

Coldrecs' day trading journal

It is a surprise for me that stock futures are in a corection during the last half hour and carry does not copy that move...

EURUSD

Yes ... many years. But Romania is a small and not very rich country and being an institutional here does not mean you manage as much money as it would be if you were in London

EURUSD

Still, after the SP500 futures breaks up, I expect institutionals to mark profits, so prepare for the volatility to continue till late in the evening.

EURUSD

Looks like SP500 futures will break above its previous high (the one from yesterday). Also OIL is up. So the down move in EURUSD should not have many legs ...

EURUSD

Today was a good day for traders and ... brokers

EURUSD

I think its because OIL remained stable. I still think that OIL moves EURUSD and not the oposite. And because OIL did not move much, EURUSD stood steady

EURUSD

Hi Kim! Looks like you were up early this morning

EURUSD

With this very prolongued range in EURUSD, I am sure that we have lots of stops above 1.4447 and also some decent stops below 1.4326. I think smart guys might be tempted to trigger those stops on the news. So you could have a false move first, and ...

EURUSD

Interesting as a trading opportunity for these period is that if stock market will go down, EURUSD and carry trade will both go down. So, math says that if EURUSD and USDJPY both go down, EURJPY will be the most volatile and will have the most ...

EURUSD

I agree, gold and EURUSD are very much positively corelated theese days.

EURUSD

So EURUSD indeed moved to the downside yesterday, but only a little bit. I expect the move to continue today after NFP. The logic says that if the NFP will be as bad as Obama warned us, investors should sell stocks an buy treasuries. This will ...

EURUSD

On short term (hours,days, maybe even weeks) your are right. On long term, those buyers and sellers of your need reasons to do what they do. Commercials and investment players dont just buy and sell out of the blue They have logic and fundamental ...

EURUSD

You are right about exports. Still, Trichet has a specific and exclusive task to keep price stability. He should not target economic growth. His only legal mandate is for price stability (inflation). Guvernments and politicians should care about ...

EURUSD

Trichet should care only about inflation. From this point of view, he should want EUSUSD up as lond as OIL is up. And OIL is up rightnow. This is why I doubt that he will say EURUSD is overvalued.

EURUSD

Well, I think BOE and ECB will bring nothing new. For now my opinion is that only US matters and only US moves the markets. All of them: stocks, commodities, forex. Europe has no influence at all, or a best only a minor and short term (intraday) ...

EURUSD