Forex 2nd half 2014 discussion

Well I am still way out, but its ok.

I add lots as I go up, but I do not do the Martingale approach where I add the SUM of my previous lot accumulation..so yeah while my last sell is up nicely, the majority is still underwater.

All the charts look like a breakdown until you expand to a weekly..where it still is in a bull chart going back a year ago. This pair is almost up 3000 pips since just last year..and what has happened in a year to deserve a move of over 2000 pips?

This equity drop did not budge the USD, the thought was that the dollar is going higher sooner than later..

So even with an equity drop and LB weakness, the dollar is not giving it up and the Yen is not going up..

Yeah the reason was the jobs number was not stellar so the thought was the FED might not raise too quickly so that is soft for the USD..

My pair dropped like 70 pips (still need more) and then rebounded almost all of it inside 5 minutes.

I was watching the move and it seemed like stops were being hit and a market sell order was being pushed through..

170 would make me happier..

Lets see if they keep selling it like this..

Of course the US markets are going to open so they run risk up and sell off gold as usual.

I really should have shorted the sh-t out of Doller /Yen but I thought the Euro would make more of a move up.. 

It is 8 12 am  short dollar/ yen @ 104.036 and you will have a quick 20  pips.. no more then a 30 pips stop..

it is amazing how they are sucking in the last of the longs , but once this baby goes , it will hit hard!!!   

I still love the Eur/Usd long .. I have a feeling after London we can get a rally up and hold. We just need one daily UP candle , then people will look to buy short term.. 

. this is like watching the Yen in The start of April. Just kept going up. Once Yellen pulls the plug on the market, I will make more money then God...

I think you could be right, but I am seeing/hearing more member comments than under Ben, last vote had 2 sectors wanting a rate hike..I dont think Yellen is dominating the FED like Ben did..

It is interesting how even with the verbage of late '15 as the start date, they are still front running the USD

yes i used to call him uncle Benny , because he was like a rich uncle that kept handing me money. Yellen is a puppet. But I am hoping they adjusted the market to where they need it and soon they pull the plug on the land of make believe.. If anyone is getting in the market now going long I feel so bad for them. the more I watch this "game" it makes me laugh. When a market has been this high, there is no data or resistence points to work off of..And still everyone they ask says the are bullish in this market... LOL Of course until the bottom starts to fall out ...These POS people dont care there are people with their whole retirements in there. Corporate america is a mofo.. They are ruthless.. 

I dont see any news about why or what is causing though.