Comments on: Contradicting news.

By: 9.8% and climbing. | fxmadness.com

9.8% and climbing. | fxmadness.com — Fri, 02 Oct 2009 15:23:55 +0000

[...] Official statistics do not include people who settled for part time jobs, nor those who gave up looking for work. If those individuals were taken under consideration, unemployment rate could be as high as 17%. That, of course, is speculative and hard to prove, but has a measure of truth to it. Even the Labor Department estimates over 15 million people are out of work and economy lost well above 7 million jobs since recession started. That much for the “recession is over“ talk. [...]

By: Dollar Index. | fxmadness.com

Dollar Index. | fxmadness.com — Thu, 17 Sep 2009 15:48:15 +0000

[...] will probably last for a few days, given how slowly this pair acted recently. Another trade, sell of NZD-CAD, reached its target and is now [...]

By: admin

admin — Thu, 17 Sep 2009 05:55:07 +0000

Such is trading news releases- confusing. You never know what is going to happen. About a year ago I wrote this post
http://fxmadness.com/2008/07/26/trades/trading-economic-data-releases/

By: Stan

Stan — Thu, 17 Sep 2009 05:28:14 +0000

Interesting situation-BOJ is meeting, nobody expect anything new, yet reaction is very likely? This is very confusing.

By: admin

admin — Wed, 16 Sep 2009 20:20:30 +0000

Michelle, it is possible. EUR-JPY looks like a buy so does the beast. One should be selective though, not all pairs at the same time. I’ll try to post somethimg tomorrow. Also, watch out for the BoJ decision. Nothing new is expected, but you never know.

By: admin

admin — Wed, 16 Sep 2009 20:19:10 +0000

Sorry to hear it. Things like that happen a lot.

By: Michelle

Michelle — Wed, 16 Sep 2009 18:17:37 +0000

Yen is running out of steam as you put it. It is really funny about the “strong yen” comment. Do you think going long yen pairs is a good move here?

By: Heather

Heather — Wed, 16 Sep 2009 18:14:00 +0000

I tried to buy gbp’chf at 1.7065, per my coment to last post. Market fell, trade was stopped out and few pips later I watched it run my way to 1.7100. Should have done what you did and stayed away.