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fxsport commented Jun 3, 2012Attempting to do that with fundamental analysis is like trying to corral cats on the prarie... Good article but the question is this, do the fundamentals support the technicals or do the technicals influence the fundamentals?
Coming week market movers: 11 reasons to pay attention
- fxsport commented Jun 3, 2012
BTW listening to what Bank officials are talking about is NOT OBJECTIVE but very SUBJECTIVE, especially when most of the time they lie.
Why Do You Trade?
- fxsport commented Jun 3, 2012
I couldn't disagree with someone more. You talk about 'objectivity' but everything you discuss, including EUR/CHF is SUBJECTIVE. Loading all you eggs into one basket is NOT the OBJECTIVE method to trading but more of a GAMBLE, one that most traders ...
Why Do You Trade?
- fxsport commented Jun 3, 2012
Imagine this - just a few weeks ago people were dismissing the Grexit - now you have more and more people talking about the breakup of the EU itself! As much as I despise Soros's political agenda and ideology I believe that he is correct about the ...
Germany has three months to stem euro crisis - Soros
- fxsport commented Jun 2, 2012
You forget about 1 very IMPORTANT fact and that is this: Greece runs out of Euro's at the end of June! Now when you consider the fact that over 60% of all Greek citizens receive some form of government payment what do you think is going to happen ...
Why the euro will continue to muddle through
- fxsport commented Jun 2, 2012
I'm not so sure about that. In all seriousness what did QE1 and QE2 accomplish? Big gains for the equitity markets but it did absolutely NOTHING for the economy and the problem is that the FED loans out dollars to the big boys for 0% interest then ...
Moody's lowers Greek rating on fears of euro exit
- fxsport commented Jun 2, 2012
Wow, like I'm surprised? Only surprised that it took this long...
Moody's lowers Greek rating on fears of euro exit
- fxsport commented Jun 2, 2012
What lesson - that He was WRONG in April 22, 2012 about the EUR/USD?
Stock Market Already Beating the Drum for QE3
- fxsport commented Jun 2, 2012
QE3 is NOT going to happen in the US and here's why: QE (or Operation Twist) was designed to get interest rates extremely low thereby encouraging businesses to borrow money to get flowing into the economy. In essence it was almost like 'free' money. ...
Stock Market Already Beating the Drum for QE3
- fxsport commented Jun 1, 2012
That sharp down and bounce on Friday looks to me like the beginning of the retracement I've been expecting - at least until 1.25 resistance. Good call
EURUSD: Trading the U.S. Non-Farm Payrolls Report
- fxsport commented Jun 1, 2012
PLEASE - Oh PLEASE Buy the Euro I want the EUR/USD to go up...up...up to at least: 1.2500 so we can all short it again and make MORE PIPS watching the bottom fall out at the EUR/USD will sink to 1.18 by the end of June.
…Well Maybe Not Different. EURUSD Fails Again
- fxsport commented Jun 1, 2012
I just don't see QE3 coming to the US anytime soon. US has decided to be a follower and not a leader and with the problems in Spain going on I'm sure the US leaders are happy to just keep their heads low. Good luck with the yo-yo. I tried that a few ...
EURUSD: Trading the U.S. Non-Farm Payrolls Report
- fxsport commented Jun 1, 2012
The problem with the NFP is the volatility and misdirection. As for myself my shorts are closed out last night! I've made enough pips this week so I'll sit by the pool and watch but keeping my fingers OFF the keyboards. I do agree that the bottom ...
EURUSD: Trading the U.S. Non-Farm Payrolls Report
- fxsport commented Jun 1, 2012
Written like a pro....
EURUSD: Trading the U.S. Non-Farm Payrolls Report
- fxsport commented May 31, 2012
You won't have a LARGE short squeeze at first. The first spike you'll see in EUR/USD will be due to the small traders like me, getting their stops triggered. In every true 'bottom' there is a HUGE increase in volume and there will be 'blood in the ...
EURUSD: Trading the U.S. Non-Farm Payrolls Report
- fxsport commented May 31, 2012
I'll buy EUR/JPY when my charts tell me to...right now it's in uncharted territory. Is it oversold? Probably. But I'm still not buying - yet.
EURUSD: Trading the U.S. Non-Farm Payrolls Report
- fxsport commented May 31, 2012
I tried a small long position last week on EUR/USD, thinking it was due for a retracement and got stopped out. I've learned a long time ago to stop trying to 'guess' and just accept what the charts are telling me. While twoeleven correctly pointed ...
EURUSD: Trading the U.S. Non-Farm Payrolls Report
- fxsport commented May 31, 2012
What real recession are you talking about? Where? Things look pretty good in Germany, Denmark, China, Brazil, Russia and certain states in the US. Some people look at the glass as half empty but I see my glass as half full and as the EU continues to ...
Gold Poised for Worst Monthly Run in 11 Years on Europe
- fxsport commented May 31, 2012
Why do you people think that gold is going to increase in price? Gold is the 'haven' when inflattion is running rampant. Does anyone see inflation? Gold is decreasing in price because countries are going to have to either: 1. Put up their gold ...
Gold Poised for Worst Monthly Run in 11 Years on Europe
- fxsport commented May 31, 2012
Thank you for being so honest. Like losing money do you?
Gold Poised for Worst Monthly Run in 11 Years on Europe