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newbegger commented Apr 12, 2017Headline says flipflop but The Donald has been saying all along USD too strong. Guess zerohedge writing his article from the beach wearing flip-flops, or, he does not understand American Slang??
Dollar Crashes After Trump Tells WSJ The "Dollar Is Getting Too Strong", Prefers Low...
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newbegger commented Mar 16, 2017I guess if you write with catchy headline, maybe people believe it. The authors obviously failed to take into account the projection of a 1.375% basis point increase so yesterday gave back 15 basis points is very small and needed to cool the jets of ...
Yellen Faces a New Conundrum as Financial Conditions Defy Hike
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newbegger replied Mar 15, 2017Looks like a lot of shorts cashed in or got stops triggered on the FOMC. image Cycle work says this pair is bullish until beginning of May but not sure as the normal cycles are not working, especially noted the New Year's USD rally did not work ...
AUD/USD
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newbegger commented Mar 15, 2017Nothing goes on and on. Eventually the trade will run out of buyers. I had taken a couple long NZDUSD stops under the recent low (yes, trying to pick bottom - yikes) This selloff looks like a stop run combined with profit taking. Statement very ...
FOMC Statement
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newbegger commented Mar 9, 2017Trump is a businessman and Yellen is an academic. Yellen is looking at "what is" and Trump is looking at "what it could be". Anyone in US knows there is no shortage of workers in any field with the exception of nursing. The shortage is that ...
Donald Trump and Janet Yellen have very different ideas about the job market
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newbegger replied Feb 16, 2017What prices are you quoting? Options? Stock indices? Futures? Just curious so I can pull up a chart look at your levels of what.
EURUSD
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newbegger replied Jan 20, 2017Great call jfrancis. I called for same thing before the new year began. I did not use any fundamentals either just wave image
AUD/USD
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newbegger replied Jan 15, 2017I use an indicator based day trading set up for short term trading. ADX is key. If ADX is pointing up (the white line is the ADX) that means we are trending and I look up on chart for trend as well as bollinger band to ensure price is riding the ...
AUD/USD
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newbegger replied Jan 13, 2017Closed shorts and went long again at .74544. Short side very weak, the Trump talk trumped my cycles trade, lol.
AUD/USD
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newbegger replied Jan 12, 2017took short at .74777. I think it's probably early as I expect A LITTLE more upside, but I am US based trader and now 2:00am EST. Tired and need sleep. will stay shorty until friday and close, win or lose and re-enter long for next week and ride ...
AUD/USD
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newbegger replied Jan 10, 2017I just got back in on long side .73466. Cut profits too soon on longs yesterday because I had other fish to fry and had unfinished biz this morning. The usual January USD rally has been cancelled this year due to lack of buyers, LOL. I am fairly ...
AUD/USD
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newbegger replied Jan 6, 2017Going against a big, bold candle in the past for me was usually a losing trade so I no longer take that trade. I always wait for sign of weakness before I strike. If you still have the shorts, NFP is mixed and the trade appears to want to buy USD ...
AUD/USD
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newbegger replied Jan 5, 2017The ADP payroll report was not good and Challenger job cuts were high. Neither of these bode well for the NFP on Friday.
AUD/USD
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newbegger replied Jan 5, 2017An area of interest would be .7503 for shorts but very dangerous to short this pair at this time The trend is up, up, and away. I am waiting on NFP for guidance but I suspect the downtrend is over and the normal downtrend in January will not occur. ...
AUD/USD
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newbegger replied Jan 4, 2017Starting off 2017 with USD weakness instead of the usual strength. Cycles work... until they don't . Will wait for FOMC minutes before doing anything. If not a market moving statement, then wait for NFP. I suspect because we did not get a retrace ...
AUD/USD
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newbegger replied Dec 22, 2016Without any retrace, I am concerned shorting into the new year. Nobody is taking profits yet. My fear is that we have another new year like 2011 where it chewed up my shorts and I kept SL and reloading because "it can't go one way forever" lol. If ...
AUD/USD
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newbegger replied Dec 21, 2016I did not know that. This is classic example of why trading can be difficult. I had the right prediction (on the return), but I did not have the patience to wait for the signal. I thought for sure last Thursday when support broke was certain. And ...
AUD/USD
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newbegger replied Dec 19, 2016Hope you get some nice pips your way. I will only get into markets on extreme levels until New Year. The holiday trade is too thin for my style of trading so just watching now. If it rips on some black swan event, I may consider some small scalps on ...
AUD/USD
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newbegger replied Dec 19, 2016Although it has not hit my stop yet, I manually closed out this position. It is a good support level but did not hold. That's it for me on shorting USD for swing trades until early Feb. Will only trade from the long side of USD, or not at all. This ...
AUD/USD
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newbegger replied Dec 16, 2016I was wrong on the trade that rate hike was fully priced and also wrong on my prediction jfrancis would return when audusd went short again. I thought he would have been back by now


AUD/USD