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Dollar Weaker after FOMC Minutes and ahead of Bernanke’s Testimony

Quote of the day: “In any moment of decision, the best thing you can do is the right thing, the next best thing is the wrong thing, and the worst thing you can do is nothing.” – Theodore Roosevelt EURUSD – 1.3571 @07:55 GMT Good morning. The dollar is weaker against the EUR today after Read More

- Continue reading: Dollar Weaker after FOMC Minutes and ahead of Bernanke’s Testimony

Wednesday Links

Hello. Here are some interesting articles and pictures from around the web. Chinese Demand For Gold “Explosive” Trading Rules, Aphorisms & Books Guest Post: How To Fake An Economic Recovery 7 Tips & Tricks From 7 Well Known FX Bloggers From Prison, Madoff Says Banks ‘Had to Know’ of Fraud Bloomberg Interviews Goldman’s Rapaciously (For Read More

- Continue reading: Wednesday Links

EURUSD Slightly Higher Ahead of FOMC Minutes

Quote of the day: “Whenever you find that you are on the side of the majority, it is time to reform.” – Mark Twain EURUSD – 1.3545 @07:58 GMT Trading strategy: standing aside Good morning. I exited my short EURUSD position for a loss as the pair returned to 1.3550/60 where it is testing resistance Read More

- Continue reading: EURUSD Slightly Higher Ahead of FOMC Minutes

Short-term Charts Update and Interesting Setups

Hello. Here is a quick update to some of the short-term charts & setups I’ve posted 9 days ago but some new ones, too. EURJPY EURJPY daily chart 2-15-2011 EURJPY weekly chart 2-15-2011

- Continue reading: Short-term Charts Update and Interesting Setups

EURUSD Still Under Pressure

Quote of the day: “All human wisdom is summed up in two words – wait and hope” – Alexandre Dumas EURUSD – 1.3475 @07:38 GMT Trading strategy: holding short at 1.3500, initial stop at 1.3560 (0.5% risk), objective open. Good morning. The euro trades a  bit higher against the greenback at time of writing, recovering Read More

- Continue reading: EURUSD Still Under Pressure

Eurozone Debt Crisis – Again the Main Topic

Quote of the day: “Blessed are the young for they shall inherit the national debt.” – Herbert Hoover EURUSD – 1.3537 @05:40 GMT Trading strategy: looking to sell at 1.3500, initial stop at 1.3560 (0.5% risk), objective open. Support at 1.3500 still holds but the downside remains under pressure as the Euro-zone debt problem is Read More

- Continue reading: Eurozone Debt Crisis – Again the Main Topic

EURUSD seems ready to reach a lower low

Hello. This is a very quick post because I’m short of time – travelling today. However, in case you missed it – yesterday I posted a very interesting interview, so please check it and post your feedback. EURUSD – 1.3560 @07:10 GMT Trading strategy: looking to sell at 1.3600, stop at 1.3660 (0.5% risk), 1st Read More

- Continue reading: EURUSD seems ready to reach a lower low

Tea with Mike

This is the first article in the Interviews category and I hope you will enjoy it as much as I do. Both me and Mike will appreciate if you will provide your feedback after reading it. I always liked tracking “exotic” pairs due to a strange feeling – like hearing a voice telling me “hey Read More

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Dollar Sold Off on Bernanke’s Speech but 1.3750 Resistance is Intact

Quote of the day: “Hypocrisy is the homage which vice pays to virtue” – François de La Rochefoucauld Quick notice: today I’m adding a new category to the site. It will contain interesting articles so stay tuned. EURUSD – 1.3681 @06:49 Trading strategy: looking to buy at 1.3730, stop at 1.3680 (0.5% risk), objective open. Read More

- Continue reading: Dollar Sold Off on Bernanke’s Speech but 1.3750 Resistance is Intact

Wednesday Links

Hello. I’ll post some interesting charts tomorrow, including an update to my weekend short-term views. Here are some good reads for today and funny pictures for a good laugh. Getting Peacocked Portuguese 10 Year Bond Yield Hit Fresh Lifetime Highs Daily Market Summary And Conversation 2/09/11 Republicans Attack Dual Mandate; Bernanke Defends QE Yet Again, Read More

- Continue reading: Wednesday Links

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