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Fx_Genius replied May 5, 2008These days luck seems to be the best indicator!
The 52 did surprise me a little but a higher number didn't. I am in manufacturing in the midwest US and we have been busy for quite a while.EURUSD
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Fx_Genius replied May 4, 2008Speaking of cars, this seems like this might be the next bubble to pop. Part 4 of 5 part series. url Being 'Upside Down' and Other Car Loan Hazards Americans who bought cars beyond their means are falling behind on their loans in record numbers. ...
EURUSD
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Fx_Genius replied May 4, 2008I think the only thing anyone could get at 2% might be a car with excellent credit. Mortgage, credit cards etc are much more than 2%.
EURUSD
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Fx_Genius replied May 4, 2008This Week... — Lets not forget that since July 2001 the trend has been up. The last time the E$ ranged it lasted from Nov 23rd 2007 to Feb 26th 2008, 3 months. We are now close to the last bottom (1.5343, Mar 24th 2008) and might/should head ...
EURUSD
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Fx_Genius replied May 2, 2008Yes in US, our customers supplies to multiple manufactures world wide, could be to weaker $ but I think more demand overseas. Somewhere I read that the US wanted 40% GDP exported. If I find the link I will post later.
EURUSD
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Fx_Genius replied May 2, 2008My thoughts on personal spending being up could be in part due to higher gas/energy/food prices more than a general increased buying. Believe me, I have noticed increase in factory orders, we are working this weekend to meet customer demand that has ...
EURUSD
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Fx_Genius replied May 2, 2008Having blown through S1, (1.5390) next target for down is S2, (1.5304) Even with charts, indicators etc. it is still the market that decides. Kevin, just my opinion, it may be something to do while waiting for a good entry point.
EURUSD
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Fx_Genius replied May 2, 2008Hmmm. — Guess for bottom, 1.53039 (S2) Interesting thing noticed, oil has gone up Current $113.75, high $114.09, low $111.78 current secession. I couldn't resist putting a short trade in my demo, +62 & +67 SL'd out.
EURUSD
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Fx_Genius replied May 2, 2008From the pre-news action, I think the news will be better than expected, maybe -60k & 5.1% hold. It seems to be loading up for a down strike. Maybe 1.53? Just my 2 pips, I wouldn't use it to trade, I'm not.
EURUSD
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Fx_Genius replied May 1, 2008I'm not an expert, but I have stayed at a holiday inn last night so I will try. Can it, yes. Will it, doubtful but you never know. Corrective, long trend is still up. 1.53 area should be indicator to continue long trend.
EURUSD
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Fx_Genius replied May 1, 2008April 24 posts — Well Kevin, I hope you did better than me, no trades, no loss, just interest building.
Waiting for 1.5350-1.5300 then to 1.5500 entry, maybe. With a long trend, sometimes the best position is out and I don't have the ...EURUSD
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Fx_Genius replied May 1, 2008The true test of support will be around 1.5300-5350, the last 2 bottoms. Unless it breaks down significantly below 1.5300 this is just a range like the last range, just a little bigger. I would be wary of trading unless you can watch it like a hawk ...
EURUSD
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Fx_Genius replied Apr 30, 2008AH Question — I have a fallen solder at 1.58 and in reading the AH (Several times) I have a question that still remains unanswered. Since we are several hundred pips below my FS and while long time line trend is long, if a clear signal to go ...
Jacko's Forex House of Pleasure and Pain
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Fx_Genius replied Apr 29, 2008The Coming Global Economic Slowdown and Rising Inflation: Is Stagflation-Lite in the Cards? Article Excerpt Nouriel Roubini | Apr 29, 2008 Is the global economy headed towards a global recession? Or should we worry more about the rising inflationary ...
EURUSD
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Fx_Genius replied Apr 29, 2008SBrickman, The point that I feel needs to be made is about Time Frames. The chart below (Daily) shows a long trend dating back for years. Has it looked like a short trend a few times? Yes, especially in shorter time frames (1-4 Hour) but has ...
Jacko's Forex House of Pleasure and Pain
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Fx_Genius replied Apr 29, 2008Been there, done that. What has worked for me recently when I realllllly want to trade (Because I KNOW it will turn) I put a long in my demo account, look at it later and go, I'm glad it wasn't a real trade! Have been out since SL @ 1.58 and still ...
EURUSD
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Fx_Genius replied Apr 28, 2008Agreed
Mar 19, 2008 Even a blind squirrel finds a nut once in a while.
I hope you are right, but does the president really run the country? The problem is all the government has become run by special interest and lobbyist not ...EURUSD