The action in this handle reminds me of the action in the 118.40-117.90 area before we collapsed to 114.40.
I'm done in bonds, kinda quiet.. people booking for a early weekend.. Forex is still hopping. 10:30 107'05 EST USA time.. good trading..
1.30 trends are in place.
Bonds should rally after Business inventories data at 10 AM EST USA. 10 year at 107 '04 9:32AM EST USA
120 bids removed... risk is usdjpy collapses in preparation for BOJ meeting next week.
Forex markets are running away with dollar bear vectors. After the strong retail sales dats and stop runs.
stop run projections plus price action increasing predictability factor. ------------> 120
Copper at 2.63 starting the day weak.
markets are brisk, everyone jacked up. I feel the electricity in the air.
120 stops will be cleared on the retail sales news, I have buy orders at 120 with a 50 pip SL(119.50).
US retail sales should come in strong, bond rates have a upward bias, means good things for the dollar, the dollar should have a upward bias....
http://www.bloomberg.com/apps/news?pid=20601087&sid=amB6v0LRZvDk&refer=home A good article on the readjustment going on.
Buy signal 'W' double bottom with the last leg higher low.
http://www.officeorganix.com/HealthP1.htm With some modification and a flat panel stand built around it, might be ideal. going to look for...
Anyone come across a comfortable trading seat, that has multiple flat panel hookup. I've destroyed about 3 office chairs already. I'm...
Forex volatility is much higher, then most markets. Combine that with leverage and most accounts underfunded, is a recipe for ruin. Markets...
The usdjpy might actually rally after the interest rate hike if there is any. The next time BOJ hikes will be far off on the time table. If they...
Asians want to play with it at higher levels during asian session. Going to stay out, till Asians test the high end of the range then institute...
Covered short @ 43 total trade down -3 pips.
Copper struggling to make further gains.
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