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    • jsspmk replied May 25, 2010

      They can't afford stock markets to go into an uncontrollable sell off, so all those QEing was done to prop the stock market, when that stops working they will fall, followed by currencies, then we ought to have either a global economic reset or ...

      Spot FX Day Trader's Thread
    • jsspmk replied May 25, 2010

      Maybe "the end" is closer than one may think, not even a proper retrace in weaker European currencies. This is what L Chan had to say recently about the next uncontrollable crash in stocks next October, the word fuck comes to mind. I am not the ...

      Spot FX Day Trader's Thread
    • jsspmk replied May 24, 2010

      I don't know about you P, but I see weaker currencies drifting upwards to sideways this week, a possible chop fest galore. I am keeping an eye on DX for clues, as it will dictate direction & timing of next big move, that's what we need a big move as ...

      Spot FX Day Trader's Thread
    • jsspmk replied May 24, 2010

      1.4772-1.4778 is interesting to me in GBP as it is May 50% and Q1/march swing low. If GBP tanks before testing above zone, then we ought to have 1st target at 50% extension between current low 1.4227 & Jan 2009 low 1.3492, that 50% makes it 1.3860 ...

      Spot FX Day Trader's Thread
    • jsspmk replied May 20, 2010

      Merkel said today that unless Market investors provide honest advice on regulation, then governments will make it anyhow & it will not be technical, but political. Thing is how many financial institutions & companies cook their books ? It's a can of ...

      Spot FX Day Trader's Thread