Comments on: Revised recovery.

By: Bad news for Euro. | fxmadness.com

Bad news for Euro. | fxmadness.com — Wed, 13 Jan 2010 17:40:16 +0000

[...] numbers. Official unemployment rate is still high at 8.2% and rising. Yet another example of “jobless recovery“, term that we are too familiar with. We’ve been hearing about it for months. While [...]

By: More jobs lost. | fxmadness.com

More jobs lost. | fxmadness.com — Sat, 09 Jan 2010 16:09:55 +0000

[...] long time now we’ve been hearing about recovery, sometimes referred to as “jobless recovery“. Recently, however, this has been replaced with positive expectation for job market. [...]

By: Economic revision. | fxmadness.com

Economic revision. | fxmadness.com — Tue, 22 Dec 2009 18:08:21 +0000

[...] in equipment and software was weaker than previously reported. This is not the first time that third quarter outcome was revised down. Original estimated had been 3.5%, which was than lowered to 2.8% only to shrink once again today. [...]

By: Copenhagen climate talks. | fxmadness.com

Copenhagen climate talks. | fxmadness.com — Thu, 17 Dec 2009 17:10:50 +0000

[...] have heard weekly since at least summer, yet there is still no net job gains. This nonsense about “jobless recovery” is really becoming worn out. Bottom line is- more jobs were lost than created once [...]

By: Happy Thanksgiving! | fxmadness.com

Happy Thanksgiving! | fxmadness.com — Wed, 25 Nov 2009 17:46:55 +0000

[...] the reason behind the announcement, it played right into my hands, with perfect timing. I had a short AUD-CAD trade from yesterday, which was not doing too [...]

By: admin

admin — Wed, 25 Nov 2009 06:58:26 +0000

I’ll go over it in next post.

By: Kramer

Kramer — Wed, 25 Nov 2009 02:10:44 +0000

I just went over your post at this time a year ago. Do you think there is a chance for a trade after Thanksgiving, just like last year?

By: admin

admin — Tue, 24 Nov 2009 21:07:30 +0000

There is always some relation between all financial markets. But these are shifting, non lasting connections, or the chicken and egg type question. Useless. How do you know that “yen is only up because the Nikkei is down “? This sounds like a newspaper headline, something reported after the fact. Bottom line is, market moves up because there are more buyers than sellers, each one of them having their own reasons for getting into market. I trade charts, not broad fundamentals, not even sure what it is you are trying to grasp.

By: Prudence

Prudence — Tue, 24 Nov 2009 20:07:18 +0000

I asked that poorly. If the yen is only up because the Nikkei is down and it’s on the right side of two currencies that are tanking, does that have anything to do with its fundamental strength? And does that even matter when you look at buying or selling the USD/JPY?

By: Prudence

Prudence — Tue, 24 Nov 2009 19:58:54 +0000

Is Japan artificially moving the yen buy buying its notes? How does it’s relationship to the pound and Euro effect its strength, say vs the dollar? This gets back to that very basic premise I still haven’t grasped dealing with a currency’s stand-alone value — Oanda acted like there wasn’t one — and how relevant that is in Forex.