Archive for March, 2008

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EUR Retests Two Weeks High

Monday, March 31st, 2008

The Euro, EUR/USD retested the high of the last two again at 1.5890. In this current market conditions is the EUR dollar buoyance sustainable?

While the Euro zone economists are still playing the wait and see policy, they might find this straining other areas of the economy. This is similar to the one adopted in recent years by […]

Tragedy: 15-Year-Old Killed For Not Passing Game

Thursday, March 27th, 2008

When 15-year-old Olivier Baptiste refused to hand over the video game he was playing to his 18-year-old friend William Suarez, Suarez pulled out a .32-caliber Smith and Wesson from his waistband and show Baptiste in the head.
It’s ridiculous that these kids are allowed to carry firearms. Where are the parents? Why aren’t he been charged […]

EUR Chasing All Time High

Wednesday, March 26th, 2008

EUR chasing its all-time high set in the last weeks presently at 1.5833. Are the these levels sustainable? The rise in the oil-market and poor economic showing on the US Housing market has caused constenation in some quarters of the market today.
Here’s the present chart.
Have a great day
Thank you for reading this blog. Consider buying […]

EUR/JPY Trading Within Itself

Wednesday, March 26th, 2008

Euro-Yen, EUR/JPY trading within itself since the open from holiday yesterday. Today’s morning action was a whipsaw which lacked directional aftermounth.
The cross has vaccillated between 38.8 and the 50.0% pivot lines on the Fibo all morning since the 9.am spike.
I was taken out from my long position by the whipsaw at 156.06 this morning with […]

Forex Trading: Exciting Times To Be Involved

Thursday, March 20th, 2008

Economic woes, the presence of recession, war in Iraq, oil and gold prices reaching heights never before traded in recent years all make the forex trading market the more exciting. A place I’d rather be as a forex trader. What makes it so exciting at this point?
In all walks of life, fluidity and movement is […]

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