Baruch's Forex System Journal

thinking about short eurusd for a quick reaction form the 68% retracement.

 

my idea for weaker jpy vs usd and eur:
foreign money coming out of the japanese stock market (had another big drop today). i think this will continue for some weeks. lets see what the us players will do when they start their day.

 

also, japan suffers esp from high oil prices.

 

hey baruch, guardian angel and the others,

where will you position yourselfs?
of are you waiting for the news?

 

Yes. Let's see what happens.

 

Well, velocity trader says that we can only trade the news with a Bloomberg terminal. Let's prove him wrong.


P.S. But I could like to have a Bloomberg...

P.S. to rax: You listen to Bloomberg Radio?

 

NY FED 12,30 GMT:

Jimmy Young says:

Buy euro if less than 27
Sell euro if more han 39

 

yes, listening to bloomberg radio from time to time.
id rather have cnbc on, but as i have no satelite tv at the moment, i can only watch cnbc europe till 12:00, cause then they swich the programm on cable here.

but from the speed the news come in i think bloomberg radio is as fast as a terminal.

 

eurjpy looks like its heading for a new high. +54 right now

 

The number is 30,2