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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 2338
Forum Topic:

USD

Discuss USD
 
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DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jan 13, 2011 14:55
lots of US treasury auction announcements in one hour time. Ashraf still thinking eur rally will prove a very brief affair
Qingyu
manchester, UK
Posts: 1763
13 years ago
Jan 13, 2011 14:34
usdx falling make a lot of pain. i am happy to give up eur/gbp short yesterday.

but what about tomorrow, i am really want re-entre short at this level.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jan 13, 2011 14:22
DX #F right on its 55DMA. The 100 DMA at same level.
Qingyu
manchester, UK
Posts: 1763
13 years ago
Jan 13, 2011 13:33
dave, you are right. usdx is falling, double top...
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jan 12, 2011 23:57
A high # in US PPI tomorrow could be interesting. A move from disinflationary to inflationary environment could slow FED inclinations with QE and hence reflect in the DX.
chloethebull
Canada
Posted Anonymously
13 years ago
Jan 12, 2011 19:06
yup ive noticed it and i posted around x-mas that usdcad could very well lower its trading range for 2011.in 2010 we traded 9950-1.0750 but mth/mth got weaker i will agree.an now looks like a newer range has been made 8800-1.01 only time will tell.but i think usdcad has to eventually make a visit to the high end of its range.im only jokin about tech analy like ive said one has to constatly be looking @ soo many thing to make sound choices in trading..gl dave:)
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jan 12, 2011 18:53
Well Chloe my friend, you are effectively dismissing patterns as random when they are far from random. Its beyond the scope of this forum to be teaching pattern work. There will come a time when your favourite pair the usdcad completely changes its character. When it does that I will tell you the exact pattern you have been trading :-) You may have noticed you are not seeing the wide range bounces you were playing last year so best to be alert to that.
Qingyu
manchester, UK
Posts: 1763
13 years ago
Jan 12, 2011 18:48
if china really dont want to die.
Qingyu
manchester, UK
Posts: 1763
13 years ago
Jan 12, 2011 18:47
aussie have flood, and usdx bounce back from 79, that is why...

and now oil up, gold up, everything up, that looks like death sentence to china. usdx may bounce back tonight asian time, if china really want to die.

that is all i learn from karl marx.
chloethebull
Canada
Posted Anonymously
13 years ago
Jan 12, 2011 18:41
daveo, i was thinkn the other night about patterns an i found i could see a pattern everywheres i looked,so i guess charts are like othere parts of trading-they should be taken with a grain of salt-lol..i still think these markets are like a balancing act an yes they can over shoot(audusd 1.0250 lol) but i find the correction is uaually swift. usdcad b4 x-mas we ran from parity-1.02 then crashed to current levels now get back to parity..i find the waves are always there an its more of timing the highs-low of each wave thats most important..gl mate:)
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