I think it was a tactic in order to get more people to go long on the USD.

EURUSD

I think there is a battle here between the Fed and the Bank of Japan. The Fed is trying to get the USD/JPY lower and the BOJ is trying to do the opposite. I bet that's what's going on....I mean, wow, this is a real fight. This is better than a ...

EURUSD

yeah but why?

EURUSD

wtf is going on with gold?

EURUSD

lol true, although the yen crosses got some action

EURUSD

cool thanks for the explanation

EURUSD

Does the flag tell you which direction it is supposed to break out?

EURUSD

I'm not sure. I decided to stay out of this news for now.

EURUSD

i expected more action then what we're seeing on the charts at the moment. Hmm. somewhat of a muted response from the market

EURUSD

lol, fair enough

EURUSD

Just curious, but are you going to go short in a few mins when all this core cpi data etc comes out? I recall you did that before and did really well last few times since whenever the US releases NFP or some such the USD rallies.

EURUSD

oh crap i just realised something. unemployment claims come out in about 20min and even though it will be bad news for the US economy the USD always rallies lol, and i'm long at the moment edit: I just closed my position for a $5 loss. I'd ...

EURUSD

I've noticed that as well..wow, cool

EURUSD

i'm long with a t/p of 3550

EURUSD

Hi Steviet I am new to seeing your thread. I began trading a live account on 3 October 2008. My account size was $1973 I had been demo trading since the begining of July. I thought I had some decent methods and was ready for a live account. Well, on ...

Steviet's Live Trades!

Thanks and yeah, I also drew the channel almost the same as yours. There is still the possibility, so I guess we'll see if it gets there.

USD/JPY Discussion

yeah, this isn't very easy at all to trade this market I have a stop at 100 and a t/p of 101, so it's still possible, but i'm not that optimistic.

USD/JPY Discussion

i'm long also with a t/p of 101. Not sure if it will ge there...

USD/JPY Discussion

It will be interesting to see what happens. BTW--there are no co-incidences in my opinion since the market is going to do what it is going to do anyway. All we can do is think about what is most likely to happen and cut our losses as early as ...

EURUSD

Currently I'm long. It is risky though. Overall I think that we are still headed down for the day (so my bias for the day is bearish) but at least for the moment I see us going up to around about 3505. After that i'm not sure--have to wait and see ...

EURUSD