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People are going to to start closing short postions to lockin profits. that's going to create some buying momentum and shakeout some late shorts and then the cycle will most likely repeat. You can already see this if you look at how the eur/usd traded after hitting the new lows today.

If there is anyone in the world that is still long on the euro please PM me becuase I have a bridge that I want to sell you. lol over 300 pips to the down side since Monday.

aussie is dropping on the RBA rate hike from 4.25 to 4.5

lol yeah thats the pair to short on monday. But what I'm looking for is a large drop in the NZD/USD. I strongly believe that the dollar is on a "least bad economy" rally that ends with the eventual rise in global interest rates by central banks due to all the quantative easing that has taken...

That was a good choice, Im sure you were happy this morning.

Are you still holding that short?

Any ideas why NZD/USD isnt weaker today?

Just a little reminder for all the USD/JPY shorts out there this is an example of costly mistake when you dont exit your position and let a stop loss work....This is what I woke up to this morning, VIZ. 3/29/2010 10:48:38 PM 65417580 Sell USD/JPY -400,000.00 92.300 3/30/2010 2:37:02 AM...

Shorted the Euro made a nice little profit for a college kid. viz. 3/30/2010 10:36:13 AM 65447228 Sell EUR/USD -200,000.00 1.34321 3/30/2010 11:04:12 AM 65449089 Buy EUR/USD 200,000.00 1.34178 3/30/2010 11:04:12 AM Total: 286.00 Could made some more if I held on longer but I...

Its funny because when I first discovered ZH I thought I found an underground source for information not many people knew about but as time went on It seemed like a constant drudge report. I will admit though that I did enjoy when they were goin at it with CNBC.

The goverment gave out alot of loans that will need to be repayed if true realized profits are not there and the fake profits from the loans dies out will it mean another deep recession/correction for the market? Im looking for a market top and Im just counting distribution days and fund cash...

After reading this article im more than glad to be one of the teenage minorities with a job. Something that bothers me is that state and federal goverments are having an alarming increase in demand for social programs and wont be able to meet there obligations to fund these programs and...