what's the trick to getting an ifrmarkets.com account?? i have tried twice to register and they said they would contact me but never have...
True and the market has been concentrating on the statement that accompanies the fed interest rate decision for quite some time now. Of course, the fed hasn't delivered a surprise rate change in ages either. Cheers, TRADERguy
This guy from my gym told me about his recent divorce. He dated this woman for six months then they got married and divorced after a year. He said she turned out to be a gambling addict! She was stealing money from him and then losing it in poker. He said she never knew when to stop. When she was winning, she wanted to gamble more to keep it going. When she was losing, she wanted gamble more to get it back! Does this ring a (big) bell
Call them. Otherwise, Thomson says they see model funds capping in mid 50s, helped by oil prices and slightly higher US bond yields. So far it looks like ranging - stalling. Well, this would be bullish as long as the euro-talk doesn't get too stern, and we don't see too much build-up on the options sides.
I'm back to short mode. I'm waiting to get short from the 44-45 level. Edit:Shifted down to 38-39...I'm not chasing the market.
Gee, now where did I experience this before - anyone heard of the FAA (Forex Addicts Anonymous) - if not, start one - you'll do a roaring trade. (excuse the pun)
I have a long bias, like I said, it gained me some +6 ticks - although I was looking for a +10 from 1.2925-12935. It will go through there - I just won't see the little drip down and where it goes - that's how I scalp it right now - fearful as always. The demo account doesn't give me a shred of concern though - although it's down around 20 pips right now - and with 50% used margin.
It seems the slide down from the mid 50s also squared the europeans before the close - although they were probably careful during most of the day. I'm a bit annoyed of not being able to read the Deutsche Bank FX report and Euro sentiment survey yet, but I guess I'm not on the short-list. I am wondering of what to think of the european close and the movement pre-empting the close.
Now Thomson also say they see range trading developing with profit-taking on the last 50s pull-up. Speculations on 1.3000 fears as well - the big-bite I mentioned earlier. Then I guess we'll definitely se 1.3000 sooner than later with this developement. The best thing that can happen is some consolidation with chopping - making investors lose more money - and being revengeful to get it back. Enter into this mix corporations needing to take action and we have our cocktail - even though Trichet took a piss in the punch-bowl - paraphrased from Thomson reports. It's at times like this (consolidation, chop) that we can draw the best conclusions, don't you guys agree ?
Interesting.. from bloomberg: "Nov. 8 (Bloomberg) -- The euro's three-day advance against the dollar stalled after European Central Bank President Jean- Claude Trichet said its rally to a record was unwelcome. ``Recent moves, which tend to be brutal on the exchange markets between the euro and U.S. dollar, are not welcome from the standpoint of the ECB,'' he said at a press conference in Basel, Switzerland. "