July 2010 Monthly Archive
A combination of better than expected European Bank stress test results on Friday and today's better than expected US New Home Sales brought risk tolerance back to the markets at the start of this trading week. This meant a broad US Dollar sell off and a rally in EURUSD. … More…
Posted 15:45 26 July 2010 by Pipcrawler
As expected, UK CPI data brought in volatility to Cable, eventually pushing the pair higher to my entry level. Unfortunately, weak US data and and positive corporate earnings sparks a demand for "risk" at the beginning of the US trading session. … More…
Posted 11:40 13 July 2010 by Pipcrawler
Good afternoon! It looks like I didn't get the retracement I was looking for to go long EURUSD as traders came back from barbeque and fireworks ready to buy! Is it too late to buy??… More…
Posted 17:45 06 July 2010 by Pipcrawler
Wowzers! I went to bed with a nice gain on my trade only to wake up with a nice punch in the face from the FX markets. Has the "Risk"-to-US Dollar relationship changed? … More…
Posted 12:37 01 July 2010 by Pipcrawler