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DutchTrader replied Jun 12, 20071.9788 is the 50% retracement of the move from 1.9954 to 1.9621 might be a good short area
Cable Update (GBPUSD)
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DutchTrader replied Jun 11, 2007Before doing that you might want to read this: [BOE GOV KING] in a speech to business people in Wales said that the central bank may need to raise interest rates again if signs of price pressures and capacity constraints remain high. He warned that ...
Daily Cable Analysis
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DutchTrader replied Jun 8, 2007Hickory or Mesquite
I'm still short from 239.45Daily GBP/JPY analysis
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DutchTrader replied Jun 8, 2007Not so fast my friends 238.88 as we speak. I smell 238.50
Daily GBP/JPY analysis
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DutchTrader replied Jun 8, 2007BWAH, so much for the uptrend. Apparently the overreaction to the CAD data has now been remedied with traders gunning for stops below 1.0600.
USDCAD trend reversal?
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DutchTrader replied Jun 8, 2007Nope, I look for it to remain below 240 least for the coming sessions.
Daily GBP/JPY analysis
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DutchTrader replied Jun 8, 2007Terrific bounce off 237.70 tech support, I look for a range in this pair 240-238
Daily GBP/JPY analysis
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DutchTrader replied Jun 8, 2007I believe the rally to above 2.000 started around 1.18 on the weekly chart so 1.9342 would the initial retracement
Cable Update (GBPUSD)
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DutchTrader replied Jun 8, 2007Moskow didn't help that either, I look for GBP/USD to correct lower towards 1.93
Cable Update (GBPUSD)
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DutchTrader replied Jun 8, 2007cesar, Not that bad, the news that is, the losses were in temp jobs but the permanent jobs were up 32k. In any event I like this pullback, that just makes for better short entry levels.
USDCAD trend reversal?
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DutchTrader replied Jun 8, 2007Sorry Bananan, I did get stopped out. With the NZD I always have a trailing stop whenever I'm holding an open position. I was stopped out at 91.57 in nzd/jpy and at 7520. So now flat against the market. Looks like USD 10yr is causing some carnage eh? ...
Why is NZD so strong??
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DutchTrader replied Jun 7, 2007Feels good to be right, I was long NZD/[email protected], and NZD/USD at 7470. Let's see what we can get to by weeks end.
Why is NZD so strong??
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DutchTrader replied Jun 7, 2007The brother of a friend of mine went to Dartmouth, started one of those Economic/Investment Banking clubs where each member is alloted 100k and invests it. Anyhoo, after 1 yr they looked at who had the best track record, and compared it to other ...
College Major for an FX Trader?
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DutchTrader replied Jun 4, 2007I believe that the inflationary pressures are still there for a rate hike. As far as the NZD/JPY going to 92.20 that is where the Fibo measurements top out.
Why is NZD so strong??
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DutchTrader replied Jun 1, 2007Good idea, I'm definitely not predicting a bottom LOL
USDCAD trend reversal?
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DutchTrader replied Jun 1, 2007New guy here. This pair's totally melted down, could it possible take out 1.0550 today? Unbelievable.
USDCAD trend reversal?