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Pip Anon commented Jan 24, 2013For sure. I noticed a lot of traders get use to the Euro to move in tandem with the S&P, and when it didn't they were lost. Traders cannot get complacent, like governments and politicians, and do their due diligence.
US Unemployment Insurance Weekly Claims Report
- Pip Anon commented Jan 24, 2013
That's fine. The proof is in the movement of the pair. Everyone get caught up in correlation or it's suppose to move with that only to forget the true nature of pegged currency. Want something more simple, trade currency futures.
US Unemployment Insurance Weekly Claims Report
- Pip Anon commented Jan 24, 2013
I would agree with all of you, and disagree with the article. Also, I have seen more informative articles that say various pairs trade differently regarding the session. For instance, some may want the volatility of GBP/JPY during Asian trade. If ...
When is the Best Time of Day to Trade Forex?
- Pip Anon commented Jan 24, 2013
They do not need to. Euro is pegged to USD, and USD pegged to Yen. There has been selling of Yen which causes USDJPY to go up. You have to see the relation of the base currency and pegged currency.
US Unemployment Insurance Weekly Claims Report
- Pip Anon commented Jan 23, 2013
I am glad to see the decline in Apple and the markets to follow. It is about time people come to their senses. It is a fad.
Apple Sales Gain Slowest Since ’09 as Competition Climbs
- Pip Anon commented Jan 23, 2013
"Guest," this is not finance. This is politics, and I submit the idea to you that politics, regardless of region, is a "joke." Whether American, European, Asian or what-have-you, the economic condition is weakening and being masked by the politics ...
House passes bill to delay debt ceiling
- Pip Anon replied Jan 23, 2013
Oh I know. People this they have some sort of psychological powers. It is funny how no one ever says it prior to the selloff.
EURUSD
- Pip Anon replied Jan 23, 2013
Charts may not tell you who is selling, but have you used tick charts? They can give indication of direction before a TF chart can.
EURUSD
- Pip Anon replied Jan 23, 2013
Growth forecasts are always cut when there are no policies for growth.
EURUSD
- Pip Anon commented Jan 23, 2013
I think people need to realize that the real economic factors that caused the crisis in the EZ, possibly the U.S., have not been dealt with. There are no growth policies in either region, and the only reason there are positive data points is due to ...
Swift Move To Buy Dollars
- Pip Anon commented Jan 22, 2013
Good time to sell. Sounds like blowhards creating that ballon only to bust.
Investors Most Optimistic on Stocks in 3 1/2 Years in Poll
- Pip Anon commented Jan 22, 2013
It is possible, but the "news" outlets always tried to make it more than it could be. Assets do not go up forever. Anyone here of the 2000s tech bubble?
Two Developments Rattle FX Market
- Pip Anon commented Jan 22, 2013
How can it be buy the rumor, sell the fact? I am pretty sure Abe told the BOJ he wanted 2 percent target plus a 117B yen purchasing program. Can't trader just sell because USDJPY has seen 10-weeks of gains at 2.5 year highs? Stop trying to explain ...
Two Developments Rattle FX Market
- Pip Anon commented Jan 21, 2013
Thinking the USDJPY getting ready to move up in London, more so if EZ data poor. Perhaps, buying USD against the weakening Yen
BOJ Shifts to Open-Ended Asset Purchases
- Pip Anon replied Jan 21, 2013
Um, shouldn't the USDJPY be moving up on an endless purchase program? Did I miss a headline or something?
EURUSD
- Pip Anon replied Jan 21, 2013
Dollar is weakening. Perhaps, euro getting a little movement before German data to try and test 1.34, doubt it if today's numbers are like previous. But I do not like fundamentals, too subjective.
EURUSD
- Pip Anon replied Jan 21, 2013
Ok. I think if a 2 or so percent target is given a time frame of a year or longer, the movement on the USDJPY will be as dramatic like when headlines hit with the Y117 billion treasury purchase. Interesting, debt-to-GDP is 230 percent but Japan has ...
EURUSD
- Pip Anon replied Jan 21, 2013
News feed? That would be nice. Personally, I am neutral and will trade any confirmed signal. Nikkei is down 200 or so handles. Is the market expecting no substantial easing?
EURUSD