Data is mixed - one good and one bad. Anyone traded this piece of news was surely "dissapointed" with the meager movement that is confined within the spread of the broker. This is why I am totally NOT interested in quarterly AUD/NZD news after the ...

NZD PPI report

I dont believe that the last bad UK data have caused such a massive USD rally.. Both EUR and GBP were shorted! Seems like Dollar Love is back in town.

$ For the Week of 11/13-With Trade Ideas

I do know what inflation means - and it boils to the simple fact that with high inflation it implies the money has lowered purchasing power or in other words, lowered value of the money. however, we are talking about FOREX wherein inflation pushes a ...

Uk Cpi

I know this is "hindsight" telling you that my short @9085 is doing well right now but it was a scare seeing how it kept poking up and up. I actually was "throwing towel" on that short so I hedged it with my favorite USDJPY, GBPJPY.. everything ...

$ For the Week of 11/13-With Trade Ideas

Technically, GBPUSD has entered into a range between 1.9100 and 1.8500 and each time, has been doing Higher High and Higher Low = A long term UP TREND! And Statistically, once a High is reached, it wont stay high for long. I personally believe that ...

$ For the Week of 11/13-With Trade Ideas

UK CPI is in radar again. Previous: 0.1% Estimate is 0.3% According to c1ro & waf_1988, IF the actual CPI comes out lower than 0.1%, GBP will go up, therefore BUY GBPUSD US CPI is in radar as well. Previous: 0.2% Estimate: 0.2% And according to c1ro ...

Uk Cpi

Nov 14 Coincide with US Retail Sales...

Historic Charts: US PPI

I really missed that 1.9175

CHINA is selling the dollar

Textile is one Chinese product that has reached its quota. This is why textile price kept dropping as manufacturers vie for quota by competing with other manufacturers.. Likewise some Chinese manufacturers are putting up factories outside of China. ...

CHINA is selling the dollar

As I said, Zhou was interpreted wrongly.. I wonder if he spoke in english on or chinese. if the latter, he can get away with it. if he spoke in english when he made the first comment on diversification, then he has a lot of answering to do back in ...

CHINA is selling the dollar

crap.. so all of these USD shorts was a dream?

Bernanke & Trichet

Thats why I'd rather stay away trading EURUSD or GBPUSD... I went for USDJPY instead... A lot were probably moved to short the USD just when it hit the high 9175... look where USD is now... Play smart.. dont be fooled with the uptrend. it is already ...

CHINA is selling the dollar

You went short GBPUSD/EURUSD? GBPUSD reached 1.9171! Thats a 2006 high thus far. I wonder if US session will sell USD or buy em back at cheaper cost? I went long USDJPY myself @ 117.4.. then there is renewed dollar selloff at london session. good ...

CHINA is selling the dollar

Remember it is a contrarian statistics (i have mentioned this a week or two ago).. Whenever there are MORE LONG than SHORT, the pair will actually move down. And if more SHORT than LONG, the pair will go LONG. So saying that there are more short ...

One of the Most Important Articles You Will See

I'd agree with Darkstar here. Its just a warning shot. But of course Foreign Reserve Diversification is becoming a norm now. Euro is gaining favor as the alternative. We have a saying: "Dont bite the hand that feeds you." For China, US is the hand ...

CHINA is selling the dollar

Is this a "disgusto" reaction by China against incoming US House Speaker Polosi? Polosi is said to be Anti-Asia and storngly wants to push China on the trade balance issue among other things. Will this Dollar negative last a long time? I have heard ...

CHINA is selling the dollar

Nov 9, 2006 Previous: -69.9B Estimate: -66B Actual: -64.3B *SEP TRADE BALANCE: -$64.3B V -$66.0BE - prior revised to -$69.0B from -$69.9Be

Historic Charts: US Trade Balance

I straddled the UK rate hike but only on the short side.. bagged a nice profit there with NF but was immediately stopped out with IBFX's ultra wide spread.. still profit albeit lessened. My straddle was not able to place the orders with NF and I ...

Consumer Sentiment 30 minutes

Consumer Confidence erased the gains made with the Trade Balance. We are now back in square 1...

Consumer Sentiment 30 minutes