I just had my entire account (what was left of it, anyway) wiped out on Aussie's 600 pip drop yesterday... a day after my b-day, to boot. I don't freakin' get the markets anymore; they cut by 100% more than the forecast, and AU rallies. Is there ...

Aussie Pairs

I think the best thing to do is not trade any dollar pairs for now until this mess in the U.S. is mopped up a bit... at least I understand why the yen is up or down - not so much with the $.

EURUSD

I agree here though I don't quite see the euro "shooting up" from here... I wouldn't be surprised to see a rate cut by ECB next week.

EURUSD

EU is grossly overbought and it will likely be dumped big in the Asian session.

EURUSD

Wow, I'm watching "The Colbert Report", and he's got Maria Bartiromo on... and boy, is she dumb or what? She has absolutely NOTHING new to add to the financial meltdown discussion. Years ago I used to think she was hot but now that I've seen this ...

EURUSD

This just in: the Fed is considering a ban on shorting USD because the want a strong dollar. P.S. Just kidding.

EURUSD

Yeah, aussie for some reason is off the hook against everything... perhaps the fact that Dow futures are up 150 pts already has something to do with it.

EURUSD

AIG is supposed to be dumping its assets to pay back the 11% loan from the Fed. On an unrelated note, here's an interesting opinion: url

EURUSD

Actually, forget EU - looks like AU is about to fall big; this pig is way out of line with gold's and other dollar crosses' downward momentum.

EURUSD

Uh, no. If UJ is going up, and EJ is going down then EU is going down. If both are going up or down, you can't say anything about EU's direction with certainty; if one is moving faster than the other, then the latter is falling. For instance, if you ...

EURUSD

What I don't get is - why isn't EJ down to 147 yet?

EURUSD

Is this a troll?

Cable Update (GBPUSD)

The VIX is in the risk aversion territory (25.66) - slide to resume for cable next week.

Cable Update (GBPUSD)

Looking double-topish on the hourly. Sunday should be interesting, for sure.

Cable Update (GBPUSD)

Actually, a gap down is way more likely than any other scenario.

Cable Update (GBPUSD)

Hey, what's with your attitude - do you have a history of making correct calls here? You predict 1.8000 based on what - that it's a nice round number?

Cable Update (GBPUSD)

Lehman's sale will likely go without the Fed injecting any money directly; this is from Bloomberg: "Treasury Secretary Henry Paulson doesn't want to put up money to help fund any Lehman acquisition, a person familiar with his thinking said today. ...

Cable Update (GBPUSD)

Sorry - too lazy to do this, but you easily do it yourself. Plot last month of prices on 1H scale, and you will easily see it. Today was an aberration, and it will be corrected swiftly and massively. As far as 1.8000 - I don't see this happening any ...

Cable Update (GBPUSD)

Wow, you win - congrats. Longs were certainly helped by the string of crappy retail numbers from U.S.. Cable was heading back south otherwise... well, the overall trend is still unbroken - it's making lower lows and lower highs, and it's coming down ...

Cable Update (GBPUSD)

Will check back with you in 12 hours.

Cable Update (GBPUSD)