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- Pipsforall replied Apr 15, 2015
I like buying the USD v the CAD here. The economic news coming out of Canada has been horrendous, and a weaker US economy doesn't bode well for the Canadian economy going forward. I think we're going to continue to range 1.24 to 1.28 for the ...
- Pipsforall replied Jan 27, 2015
I flip a coin. haha
- Pipsforall replied Nov 20, 2014
Historically the Yen has always been weak, I remember when this pair was in the 140s and it wasn't economic doom for the global economy. Btw, I would love to see 130. haha
- Pipsforall replied Nov 20, 2014
The risk with the Japanese Fins minister's comment is that Japan will change it's FX policy due to the fast appreciation of the Yen. Not going to happen. Further, he made the comment at the same time that the market determines FX rates. As I like to ...
- Pipsforall replied Nov 18, 2014
Anyone think we've bottomed out, and are about to rally to the top of the recent trading range, 1.13ish?
- Pipsforall replied Nov 14, 2014
I think if SNB wants to send a message this time that the market shouldn't test their resolve to defend the 1.20 peg, they need a major intervention, I think they need to push this to 1.30. But, WTFDIK. lol
- Pipsforall replied Oct 31, 2014
Here is the news, it's not that big. This pair is still moving to 1.15 if it can get over 1.13. haha url
- Pipsforall replied Oct 31, 2014
This is a shakeout. The lift on the ban impact's 3% of the company's bottom line. That's not significant in the big scheme of things. This is just shaking the tree while Europe and NA are sleeping.
- Pipsforall replied Oct 31, 2014
This was a sudden drop based on news that the market wasn't expecting, so it wasn't possible to predict it based on fundamental or technical analysis. But, as I like to say, you take a hot news flash and you throw it in the trash. haha
- Pipsforall replied Oct 31, 2014
China announced that a ban on a NZ dairy company's dairy exports to China was being lifted, it had been in place since August 2013. Was the reason for the drop.
- Pipsforall replied Oct 29, 2014
I'm long as well. Am hoping for a break above 1.13 after the RBNZ rate statement to establish a higher range between 1.13 and 1.15. Hoping to see those doves fly. haha
- Pipsforall replied Jun 13, 2014
Depends on Iraq. All of a sudden Iraqi headlines hit the newswires and the dollar gains across the board. I think as soon as its absorbed the dollar sells off again. Yes the FED is going to continue to Taper, but they're still printing and the ECB ...
- Pipsforall replied Apr 30, 2014
Right before major economic news from Canada and the US?
- Pipsforall replied Mar 31, 2014
Nice bullish bar on the hourly, but I'm not one to trade bars created by news. Particularly a bar that is showing price contrary to the fundamental news.
- Pipsforall replied Mar 27, 2014
I agree, if I was looking to go long, I would go long at 3660 to test the waters, however, my TP is 1.35.
- Pipsforall replied Mar 27, 2014
I think you need to some Seykota this morning. The market is not confusing, we make it confusing. It's really quite simple. haha video
- Pipsforall replied Mar 27, 2014
1.3750 has to hold and it is being defended. But, I think it will break.
- Pipsforall replied Mar 19, 2014
There's a million ways to trade profitably, the journey is finding what works for you. But, once you've come to the end of that journey, it's like having a license to print money.
- Pipsforall replied Mar 16, 2014
Well, I highly doubt China is giving up manufacturing to become a mirror image of the US economy. But, good luck to you, I hope you make a fortune trading.