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I am long USDCAD at 1.1079 Near term Targets 1.1120 1.1270 and then 1.1350. DRT

These look like good trades to me....with tight stops. The potential is definitely for a move up though. If price breaks the 2666 area strongly. I show 2699 and 2723 area next. I am already short. Good luck.

Mixture for me. Some position trades, some intraday. Mostly position though.

I had a decent month in May, but I made most of it in the last few days of the month. Before that I was down just a little. This has been a great year for me overall though. So far, I keep fighting the trend (for some reason) in June and the same applies. DRT

What the hell is the link? Is it a gambling site? Locks my screen up.

I guess I do not fully understand your real question here? Is it your intent to employ a trading methodology which is based on EOD closes? Long Term Trades or Position trades or One day trades? Of course you can do this. There is no real close to the Forex market in my opinion, so you will have...

Boston, June 16. AFX reports that Russia and the Paris Club have agreed on a deal for Russia to pay down $22 bln in debt early. This likely explains a good bit of the steady Russian buying interest on dips in recent days. Some may be going for reserve diversification as well. This deal has...

Okay folks. I can't explain why exactly, but this is a day of reckoning. May not seem like it to most, but I can feel it. I am an official dollar bull from now until further notice. I will be one you love to hate for a while. I think this thread needs it anyway. The current account data...

Okay. I think I realize this but again, we are selling dollars and not buying Euros based on anything but hatred. DRT

I got up (or is it could not sleep) to watch the European action today. Something that I guess I will never understand..... The Eurozone Industrial Production numbers came out at 5:00 AM this morning. They were dismal and completely out of line with forecast. The price action did not even...

I was wondering how everyone is positioned right now? Long, Short or Flat and waiting for confirmation. If you care to say that is. I don't think we have very many who visit here which really surprises me. Is it me, or does ET have a lack of currency traders? If you follow this thread, you...

They sold at the top today.

I think 1.20 may be right on. Likely way beyond this level.

I am still on the sidelines for now. 18:03 EUR/USD: Asian Central Banks Load Up At 1.2530 / Stop EUR Rout] New York June 13. Well the central bank bids from Europe at 1.2550 may have disappeared, however Asian central banks were reportedly loading up the truck in the 1.2530s. Dealers...

I have decided to sell my position at 115.08. This will be the key test in my opinion. If we don't build value here then I will get short again for a big move down. I have about 300 points per contract on this and I will evaluate for now. Also with the massive sell off in Japanese stocks...

The median line extends from October 26, 2000 to Dec 31, 2004. It does not start with the introduction of the Euro, rather the high and low. Why don't you post a similar chart. I am not sure what is wrong but it looks correct to me on this end. DRT

I am likely going to get long in the 2480 to 2540 area. DRT

Here's one that presents an interesting view. Stetched a 2 SD regression channel from the 2000 lows to the 2004 high and guess where we are sitting. We have pulled back in the channel and are testing the bottom. Now this looks like a long to me, but who knows. Sorry for the size, but it is a...

Also, don't forget... Until the move down that everyone is waiting for actually occurs, then we are still in a range bound market. This is eveidenced by CB plays in the last couple days.

Disagree. The reaction is not warranted. What did he really say that we did not know....??? That he is concerned about inflation. Now that's a revelation. Problem is the market got ahead of itself.