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  • Greek troubles remain, EUR/USD Strengthens

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admin

@admin active 9 hours, 59 minutes ago
…finally a trend to seek our teethe into after months of painstaking choppiness! Fundamentals and Technicals aligning in euro and appears to be embarking on a sustained trend. ADX indicator worked nicely, very extreme low readings near 10 for a period of time followed by a rising adx usually a great sign a sustained trend is underway. […] View
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    admin posted an update 05/14/2012 2:08 PM

    …finally a trend to seek our teethe into after months of painstaking choppiness! Fundamentals and Technicals aligning in euro and appears to be embarking on a sustained trend. ADX indicator worked nicely, very extreme low readings near 10 for a period of time followed by a rising adx usually a great sign a sustained trend is underway.…[Read more]

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    admin wrote a new post, Hollande and Sarkozy in Shift of Power 05/06/2012 6:48 PM

    Francois Hollande defeated French President Nicolas Sarkozy as voters handed control of the second-biggest European economy to the Socialists for the first time in 17 years.
    The 57-year-old Hollande got about 52 […]

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    admin posted an update in the group Group logo of Quotes, proverbs, aphorisms.Quotes, proverbs, aphorisms. 04/12/2012 7:46 AM

    HOW TO GET RICHES. The Art of getting Riches consists very much in THRIFT. All Men are not equally qualified for getting Money, but it is in the Power of everyone alike to practise this Virtue. He that would be beforehand in the World, must be beforehand with his Business: It is not only ill Management, but discovers a slothful Disposition, to do…[Read more]

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    admin wrote a new post, Morgan Stanley Shorts EUR/USD At 1.3300 02/23/2012 3:41 PM

    (Dow Jones via eFXnews) Morgan Stanley shorts EUR/USD at 1.3300 and will continue selling on rebounds. “Though a finalisation of the Greek bailout and PSI deals has spurred near-term optimism, we warn that […]

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    admin wrote a new post, Euro rises as China comments outweigh soft GDP 02/15/2012 2:00 PM

    LONDON, Feb 15 (Reuters) – The euro rose against the dollar on Wednesday after China said it would continue investing in euro zone debt, offsetting a contraction in quarterly GDP that added to concerns the […]

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    admin – Group logo of Forex headlinesForex headlines: 02/01/2012 6:44 PM

    worth a read:

    Australia unexpectedly lost jobs for a second straight month in December, capping the nation’s worst year for employment in almost two decades and weakening the local currency as traders raised bets on interest-rate cuts.

    http://www.businessweek.com/news/2012-01-19/australia-registers-worst-year-for-employment-since-92-economy.html

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    admin wrote a new post, Facebook and Personal Data’s Value 02/01/2012 5:36 PM

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    Facebook, the vast online social network, is poised to file for a public stock offering on Wednesday that will ultimately value the company at $75 billion to $100 billion, cashing in on the fuel that powers […]

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    admin wrote a new post, Oanda`s open positions ratio as 1st of February, 2012 02/01/2012 5:24 PM

    ThumbnailAs stated on Oanda-s web site, long to short positions Ratio is 40/60. This info on current open orders and open positions in Forex market lets an interpretation of current trading activity of thousands of […]

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    admin – Group logo of Forex headlinesForex headlines: 02/01/2012 5:18 PM

    Greek Finance Ministry official says a PSI deal is just hours away from being completed. Not much reaction so far as there has been chatter of an imminent deal that has been underpinning European stocks and the EURO today.

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    admin – Group logo of Forex headlinesForex headlines: 01/30/2012 6:04 PM

    EURUSD pops Monday, January 30, 2012 12:07 PM
    EU leaders confirm agreement for ESM bailout mechanism. Will go into effect in July. Treaty to be signed at later date.

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    admin posted a new activity comment 01/30/2012 7:09 AM

    In reply to: acetrader US posted an update +175 pips this week. @ average :) View

    stability is the key

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    admin posted an update in the group Group logo of Forex headlinesForex headlines 01/27/2012 6:08 PM

    EURUSD spikes higher following Greek official saying a debt deal could be done by Sunday night. High extended by 2 pips to 1.3186, key resistance remains at 1.3197.

    There has been chatter that a deal is near so this should not be a surprise but it is the reaction to news that is important.

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    admin posted an update in the group Group logo of Forex headlinesForex headlines 01/27/2012 3:01 PM

    University of Michigan Sentiment Index

    January 2012 Final
    75.0 vs. 74.0 exp. vs. 74.0 prev.

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    admin posted an update in the group Group logo of Quotes, proverbs, aphorisms.Quotes, proverbs, aphorisms. 01/27/2012 2:56 PM

    I never think of the future – it comes soon enough.

    Albert Einstein

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    admin posted an update in the group Group logo of Quotes, proverbs, aphorisms.Quotes, proverbs, aphorisms. 01/27/2012 2:55 PM

    One of my favorite Chinese proverb:

    ”When men speak of the future, the gods laugh.”

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    admin created the group Group logo of Quotes, proverbs, aphorisms.Quotes, proverbs, aphorisms. 01/27/2012 2:54 PM

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    admin posted an update 01/27/2012 2:35 PM

    one of the more famous quotes of Albert Einstein says that the universe and human stupidity are endless, and time studies show the the future well exists in the present time.

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    admin posted an update 01/27/2012 12:37 PM

    Question for memebrs and visitors:

    gold: if will close above 1737, will this signal a run to 1800?

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    admin posted a new activity comment 01/27/2012 12:35 PM

    In reply to: acetrader US posted an update …At certain times Gold’s pricing seems to be about the issue of not having to deliver it at certain price. View

    well, then it will be an apocalypse. at least financial ;)

    thanks for your activity, @acetrader !

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    admin posted an update 01/27/2012 12:33 PM

    Unwinding of short JPY has been a key driver today and eurjpy selling has restrained the eurusd upside.

    USDJPY tends to be sensitive to US interest rates and the drop in rates following the FOMC statement appears to have undercut the USDJPY rally. Bottom of the current range remains around 76.50, unchanged on the week (76.90) in what has turned…[Read more]

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