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[Alizain]

Originally Posted by ptaczek

Opened nicely in my favor Im in an open profit now hopefully riding another wave

yuup, riding the momentum if you can do it

[ptaczek]

Originally Posted by Alizain

yuup, riding the momentum if you can do it

Yeah, it went nicely! I got 210pips and another 90 is locked by stoploss. Good Easter Monday :P

[ptaczek]

btw: USD Existing Home Sales was higher than expected, which pushed the UD$ up a little. But, it's still too early to say we had bounced off the bottom. As I said, interesting...interesting

[Alizain]

news :

Dollar Steady after Existing Home Sales, Yen Weakens

Carry trades is the focus in early US session today. US equity markets opened higher following news that JPMorgan Chase increased its offer for Bear Stearns five fold from $2 per share to $10. The stock markets are additional boosted by stronger than expected existing home sales report from US. Sales unexpected rose for the first time in seven months by 2.9% in Feb to 5.03M annualized rate. The data suggests that there might be a temporary pause in the housing market crash. The Japanese yen and Swiss Franc are generally lower across the board. Commodity currencies, including Aussie and Loonie extend rebound in respective crosses as well as against dollar.

The greenback remains relatively steady in tight range against Euro and Sterling as markets' focus lies elsewhere. Gulf Finance House's chief economist al-Yousuf said that Gulf Cooperation Council member states should not rush to depeg from dollar in short term and expects dollar to rebound in second half of 2008.

so, is carry trades give affect to USD movement ??

[RebateFX.com]

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[ptaczek]

Originally Posted by Alizain

news :

Dollar Steady after Existing Home Sales, Yen Weakens

Carry trades is the focus in early US session today. US equity markets opened higher following news that JPMorgan Chase increased its offer for Bear Stearns five fold from $2 per share to $10. The stock markets are additional boosted by stronger than expected existing home sales report from US. Sales unexpected rose for the first time in seven months by 2.9% in Feb to 5.03M annualized rate. The data suggests that there might be a temporary pause in the housing market crash. The Japanese yen and Swiss Franc are generally lower across the board. Commodity currencies, including Aussie and Loonie extend rebound in respective crosses as well as against dollar.

The greenback remains relatively steady in tight range against Euro and Sterling as markets' focus lies elsewhere. Gulf Finance House's chief economist al-Yousuf said that Gulf Cooperation Council member states should not rush to depeg from dollar in short term and expects dollar to rebound in second half of 2008.

so, is carry trades give affect to USD movement ??

I don't really know. You tell me btw: the whola dollar up move has been canceled today :-F Crazy markets...

[ptaczek]

Originally Posted by RebateFX.com

Here is an important admin announcement copied from the fxopen forums.

Thank you for the info. Now I know for sure that yahoo mail needs some professionals from Microsoft to fix the problem

[Alizain]

Originally Posted by ptaczek

I don't really know. You tell me btw: the whola dollar up move has been canceled today :-F Crazy markets...

yuup, maybe will go to volatile ?
volatile condition can give more profits to trader who have much time to watch their pc

[ptaczek]

Originally Posted by Alizain

yuup, maybe will go to volatile ?
volatile condition can give more profits to trader who have much time to watch their pc

If you mean the short-term volatility (on H1 and lower timeframes) then yes, it can give more profits to them as well as more loses. On higher timeframes it will be less significant. btw: e/u is probably going to re-test the 1.5904 from last week and maybe higher

[ptaczek]

btw: look at the big 500pips correction of the EURUSD's up-trend. It looked like a trend reversal last week, but it was almost completely cancelled this week. Despite the optimism on monday about the stronger US Dollar, it's going to re-test the 1.5904 level and probably going to higher. Let's see tomorrow. Another Fed auction is schedulled.