Risk Aversion Is Over For The Dollar

Today, when the US Unemployment data came out and the number was way better than any one expected, the Dollar gained verses the Euro. The Dollar was up verses every currency today because of the positive report. The numbers of only – 345k non farm unemployment...

Euro Update and More News Coming

I wrote in my last post that I was watching the resistance level 14361 which we saw the pair got to near that level and turn around. So that is a strong support level and we could be waiting some time before we go back to challenge that level. However, I will be...

Last Week’s Trading Results

Last week started slowly as I got stopped out of a Usd/JPY trade at -30 pips but after that I had a great week. Check out yesterday’s post and you can see where my entrances were. I made 160 pips on the Eur/Usd and 120 pips on the Usd/Chf and 100 pips on...

Is The Euro Ready To Move?

9:30 pm est Yesterday I spoke of the Usd/Chf and I said that if the price didn’t break the 1.950 level that I would be looking at the 1.800 area. That was what happened as the price stopped around 1.955 and then it reversed and headed down. I was actually...
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