Posted:
#1
final days of march... lets make it some good ones
trichet speaks at 730 EST.... usually creates movements in EUR/USD
March FOREX IV
Posted:
#3
got a short on eur/usd @1.3640
stop @ 1.3700
limit@ 1.3500
good reports out this week,
oil could be heading for a longer rally this week and the dollar will surely be tested under the admin's new plans
looking for a volitile week for usd/jpy as japan is a 100% importer of oil, and crude costs have tremendous affect.
anyway im going to watch the pres on 60 min.
be baack later. 
Posted:
#4
events considered high importance this week for major currencies:
24th
-GBP consumer price index 24th 930am GMT
-Bernanke testify to house financial panel for AIG 1400GMT
25th
-EUR German IFO expectations march 900AM GMT
-US Durable goods orders 1230GMT
26th
-GBP retail sales 930 GMT
-USA Gross domesticc product 1230GMT
-USD Geithner Testifies to House Financial Panel on Regulation 1400GMT
-NZD gross domestic product 2145GMT
27th
-german consumer price index
-GBP gross domestic product 930GMT
-U of Michigan confidence 1400GMT
Posted:
#5
I think gbp/usd is going to be a good cross for wed and thurs with the gdp releases comming out.
that is usually the big one if im not mistaken.
I am reading everywhere that this is going to be a very trying week for the doller, which to me says volitility, and possible rally.
that is just my interpritation.
any thoughts????
Posted:
#7
This might be a contrary view but I think this idea of buying the toxic assets is a HUGE benefit to the USD, in the short term it might be seen as dilutive or a negative but I see this as a longer term positive and if they sell off the USD on monday with an announcement of the government buying those nasty assets, I will be a buyer..slowwwly of course.
Posted:
#13
Quote Originally Posted by sjewell29:
Hey guys, how's it going? Anybody been watching EUR/JPY? It been going up and down pretty steady. Not making a lot at a time, but been goin' back and forth with it for a little profit.
Check the EU.AUD, outside one move it has been range bound for 3 months.
Posted:
#16
out of that eur/usd a while ago, too much switching betwee 30 min 1 hour and 4 hr charts,
looked like it was dropping on the 30 min, around 6 but it was just a short term dip,
looked at the eur/gbp and it looks good, im tailing.
just getting round to reading that steve nison candle stick chart book , it is really good so far,
i cant remember if that is one of the ones you recommended pop, but it is pretty solid.
Posted:
#22
pop,
It actually broke through that 4X top, the high on the 18th and the resistance is right at the gap down on October 21st.
The new trend started as the bottom went in late December, but on a daily chart, this trend is new and has a long ways to go.
Next consolidation is 138, thats a long ways away.
I have to think it is buy on a dip after this move up and it could be a huge move if you have a longer time horizon.
It actually broke through that 4X top, the high on the 18th and the resistance is right at the gap down on October 21st.
The new trend started as the bottom went in late December, but on a daily chart, this trend is new and has a long ways to go.
Next consolidation is 138, thats a long ways away.
I have to think it is buy on a dip after this move up and it could be a huge move if you have a longer time horizon.
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