Depends on how the 'smart money' want to close their account for the month of April.
EUR and GBP got whacked down today.
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 Apr 20 2009, 05:13 PM
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#1
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Junior Member
26 posts Joined: Mar 2009  
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the U.S. dollar index seems to open strong for this week
Depends on how the 'smart money' want to close their account for the month of April. EUR and GBP got whacked down today. |
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Apr 20 2009, 10:47 PM
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#2
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Junior Member
26 posts Joined: Mar 2009
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QUOTE(Lord1700 @ Apr 20 2009, 06:58 PM) yeap..agreed! AU make a huge fall from early morning until now...almost 200pips... Bro, you got profit from the AU huge fall ?   Just short AU or GU today and you will be laughing to the bank hehehe Added on April 20, 2009, 10:52 pm QUOTE(cherasbabe @ Apr 20 2009, 10:10 PM) EURUSD dropped 60pips last 20mins ago! wats goin on? Dow Jones also tumbled down on early Monday morning. EUR and other pairs got whacked down hard making the US dollar index stronger. EUR make a huge percentage of the dollar index so I won't be surprised if EUR takes a big hit when USD rallies. IMHO, investors had reduced their "risk aversion". They had been buying up stocks since the March lows. It is time to get realistic, back to fundamentals which is in bear market territory. Meaning that the money is flowing out of the stock market and back to the U.S. dollar If you see the U.S. dollar index chart, the 'smart money' is supporting it in a mild uptrend. This post has been edited by autoforexgroup: Apr 20 2009, 10:52 PM |
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Apr 20 2009, 11:43 PM
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#3
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Junior Member
26 posts Joined: Mar 2009
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well bro, if you follow your daily trading plans and set your goals, not to be greedy, you surely can keep and take your profits to the bank
just make sure to withdraw out the cash back to Malaysia when thwe time is right |
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Apr 21 2009, 09:41 PM
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#4
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26 posts Joined: Mar 2009
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QUOTE(AdamG1981 @ Apr 21 2009, 03:38 PM) Three main reasons: Thanks for sharing, bro. By the way, have you heard of any rumours on a "New World Order" currently going on? a) Trichet and gang are closed to setting a limit to how much Euro Zone IR can decreased to. Most likely, it will be 1%. b) Euro Zone economic data will show a rebound abeit slower than the rest of the G7s. However, this has been priced into the EU's current price. c) Federal Reserve is going to melt the dollar further by buying more T-bills. This will force the dollar to decline. Added on April 21, 2009, 3:43 pmOh, and when everybody screams SELL, I usually buy. It looks like the global economic crash was well-engineered by "the powers that be". All thanks to the money masters that had been inflating & deflating our economy much for their own benefit. Seems like something behind is up from the last G20 meeting. This NWO will not be announced in any news or media. It happens in real secrecy between certain powerful groups of people |
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 Apr 22 2009, 08:32 PM
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#5
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26 posts Joined: Mar 2009
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Anybody caught the sudden big drop in GBPUSD just now? It also made EURGBP sudden spike up. Somebody is "breaking the Bank of England"
 Soros again maybe hehe.Just look at EURGBP H1. Many short stops were catched by this sudden rally. The rumour of UK joining the EuroZone could be up again..... This post has been edited by autoforexgroup: Apr 22 2009, 08:49 PM |
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