8:15pm USDhttp://www.forexfactory.com/images/m...mpact_high.gifFed Chairman Bernanke Speaks
Most likely the cause of the spike.
Most likely the cause of the spike.
Walk the Talk from a fun loving discretionary trader 46 replies
You talk the talk I walk the talk 8 replies
Disliked8:15pm USDhttp://www.forexfactory.com/images/m...mpact_high.gifFed Chairman Bernanke Speaks
Most likely the cause of the spike.Ignored
DislikedYUP...
U.S. Treasury Secretary Henry Paulson Monday declined to rule out intervening in currency markets to stabilize the dollar, but said strong long-term U.S. economic fundamentals would "shine through" in the dollar's value.
"I would never take intervention off the table or any policy tool off the table." Paulson said in an interview on CNBC. "I just can't speculate about what we will or won't do."
Yeah! Just do your job Paulson, leave the speculation with us pros hereIgnored
DislikedI think it is time - buy Eur/Usd @ 1.5582 , buy AUD/USD 0.9490. Let's see what happensIgnored
DislikedYou guys are getting pretty good at the bottom picking business. Congrats! But all the trades in the world begin with "let's see what happens" and end with "how the fuck did that happen". Don't buy in the middle of a bear attack. Wait for things to clear up. You will still get a good bite of the profits if you are right, and if you are wrong then at least you have some price action to point at and blame. Just a small bit of advice from somebody who has picked (and grimaced at the smell of) many bottoms.
Good luck!Ignored
DislikedThanks, good luck to you too. Now do you intend to say something useful and stop with the teachings master Yoda ?Ignored
DislikedBernanke was all about inflation yesterday. Add to Paulson "intervention on dollar not off the table" and we had this move on euro.
I didn't see this coming and didn't ride this move either...
Euro already put 350 pips down in 1.5 days... Too much... And there is no clear setup going on to risk something...
I'm lost now..
June 10 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke said policy makers will ``strongly resist'' any surge in inflation expectations, delivering his clearest message yet the central bank is done lowering interest rates.
What is this "S Bernanke"?Ignored
Dislikedwell i,m confused it looked to be a perfect set up. priced moved up 30 pips then dropped another 100 + pips then bounced off 1,5500 completely technical tradeIgnored
Dislikedwell i,m confused it looked to be a perfect set up. priced moved up 30 pips then dropped another 100 + pips then bounced off 1,5500 completely technical tradeIgnored
DislikedIm curious, what made you think it would drop to 5500 and bounce from there, 5600 seems like a much more obvious bounce point...nice call have to sayso where the hell are we headed now??? Im still watching usdchf, we broke my trendline and are headed back for a test, I guess if we break down below 1.03 again I will think about buying eur again....
Ignored