FOMC sounds usd bearish to me. We've seen a strong run up in the usd thanks to a weakening euro and oil. The situation in the US hasn't improved and looks like another round of bank writedowns could impact soon. The concept to capitalize on right ...

Cross Hedge EURUSD USDCHF

I'm looking for GU to touch 1.9500 and EURGBP to touch .7890. Once EURGBP touches we should see USD weakness. Until then USD should remain strong. I'm also looking for oil to sell off quickly to $110 while USD is strong. Once that happens we'll see ...

Cross Hedge EURUSD USDCHF

I'm still using the index concepts to trade but I haven't been updating threads on FF. Looks like EURGBP will continue down today into tomorrow and AUDUSD should start it's recovery soon.

Cross Hedge EURUSD USDCHF

Lemming, I guess no one knows. If they did they would own the world in about 2 years. Here is why I have a position long EURUSD right now. I see the Daily down trend you are talking about but I'm looking to capitalize on the 4hr reversal building up ...

No Brainer Trades

Greenhaze I noticed the same thing a few minutes ago and I'm trying to get long EURUSD at 69. I just want to be sure to get in the trade. I see this working for about a week. The usdchf short should also play out. I'm already in that one. My only ...

No Brainer Trades

It's a low liquidity whipsaw. I'm looking at EURCHF which usually leads Dow Jones index and it looks like it's done running so I'm expecting carries to selloff soon. EJ has a headstart. I shorted USDCHF at a poor price but I'm content with the ...

No Brainer Trades

As a carry pair AUDUSD will come under pressure as the Dow Jones plummets in the USA. That is one of the few times AUDUSD comes unhinged from EURUSD movements. I favor short carries today again. I would have gone long AUDUSD but the carry selloff ...

No Brainer Trades

Are you using these spikes to get short? I think even if you use these spikes to get short at 1:1 leverage you'll see 8-10% drawdown on USDCHF. Swap on GBPCHF depending on your broker costs 2.16 pips/day. 2 months hold time is -129.6 pips. ...

CHF Trading

Poocher that was an awesome post! Your images showed up nicely. Correlations: EURJPY and EURCHF move opposite EURGBP. AUDUSD is a carry pair that can move with carries or with EURUSD. The guys at Oanda are pretty smart. More so than the other retail ...

No Brainer Trades

SS, the more you trade the more you get a feel for the market. BRV trades these levels and holds when he knows price "needs" to pullback. USDJPY is a good example right now. Despite FED talk today about raising rates soon the dollar is just ...

No Brainer Trades

Read through this thread and you'll find options. Australian savings rates are much higher than US rates. I am guessing there are countries paying 10% for their bonds right now. Eastern European countries are having a difficult time with inflation ...

what's the purpose of an account, anyway?

I think he got the point. I've heard Oanda pays 5% interest on balance which would be the same thing we are talking about here. Rather than holding bonds with 90% of your account and transferring money as needed you could just trade from the account ...

what's the purpose of an account, anyway?

That is USD bearish news but equity bullish. That means there is a lot more green paper circulating that people can stuff in equities or real estate driving up demand for both. Right now I'm guessing it will go into commodities to increase demand ...

fannie and freddie are insolvent

Haha. Kinda. Rogers is a perma-bear. He's a short seller. He talked up oil more than most people and he's adding rhetoric now that he sees the potential selloff. He knows there's heavy resistance in oil here so he comes on CNBC and Bloomberg. I ...

fannie and freddie are insolvent

url This was found on the Drudge Report. url Why stop by prosecuting the contributors to rumor mills? Why not prosecute the large firms that know better than to sell 10million shares at the time of rumor circulation? In a healthy economy this ...

fannie and freddie are insolvent

The money is still in the same place. They are 20% liquid and defaults under 1% of total so they are about twice as good as the majority of banks in the USA. These prices are a bargain. They are GSE's so if they have trouble they are insured through ...

fannie and freddie are insolvent

Sun, I was just literally thinking the same thing. Here in Nebraska we pay a very high property tax rate for "The Good Life". My dad is a county supervisor and gets to see bids on jobs for bridges and roads etc. If I was corrupt I could form a road ...

fannie and freddie are insolvent

url There it is. Who didn't see this coming? Hmm? My first post is on the first page and I'm still not changing my tune. They tell you plain as day what their plans are. GSE is GSE. I don't know where the rumor or indolence started but this was a ...

fannie and freddie are insolvent

Usually over the weekend ccy's snap back to a near balance kinda like a rubber band. This image shows EUR (blue) on top which should come down and USD (green) on bottom which should gap up to "balance". This is a typical scenario but I do not play ...

No Brainer Trades

They are solvent and if you don't think middle east money would love nothing more than to buy up 15% of these two companies you haven't been paying attention. url Paulson said they are still GSE's and there is no plan to change that. If you don't ...

fannie and freddie are insolvent