Eur/usd

i am ADDING SHORT now!

 

I've given up trying to guess direction based on fundies. It just seems like smoke and mirrors to me. Discussing the relative strengths of various economies is like discussing politics or religion.

I just take breakouts and let 'em run as long as they want.

 

acct up ~30% but not at its high b4 i got killed shorting.

i'm thinking EUR/USD trends better tha index futures??

 

These were my notes for the chart. I was neutral but was bearish on EUR/JPY though. Didn't take any trades, however.

 

absolutely and totally true...and...you do not need nowhere even close the overnight margin

 

is forex rigged?

after initial success, now i seem to always be on the wrong side of the algorithms

 

I don't think it is rigged overall, but I do think that there is stop hunting by brokers.

 

how could they pull this off without suspicion ?

 

Who says there isn't suspicion?

 

After milking this pair in early hours today (I will post chart activity), I am shorting this pair at 1.3717, time is 10:45PM, date Dec. 15, 2008. So this is a live trading call. Target 1.3660.

In this morning's scalping, I made around 40 trades all of them winners! Not a single loser! I posted the charts on RFt's financialtraders blog, but I will get them to you once I have the URL to the charts.