Free $25 Sign-up Bonus Upon Opening Forex Account

[primarylogic]

In my opinion, if E/U breaks 1.5283, it will be down to 1.5000, i still hold short positions of E/U.


Just my own idea, risk yourself.

[primarylogic]

Can The G8 Stop Oil Before Prices Hit $200?

Subprime crisis? Credit crunch? These issues have fallen by the wayside as the focus of investors, politicians and central bankers alike has shifted to the break-neck rise in oil prices. Concerns abound that the current rally will mirror the catastrophic economic fallout of the 1970s oil shocks. The parallels appear well-warranted: last week saw crude reach yet another record, trading at $139.12 dollars/barrel and surpassing the 1979 high of $136.28 (in today’s dollars). This weekend’s G8 Summit in Japan is set to focus on the matter as energy costs have crimped consumption, distorted trade figures, and fed global inflation. The markets will wait breathlessly to see if the final communiqué will include an unambiguous call on oil producing countries to boost production. With oil prices increasingly determined by the fate of the US dollar, forex traders will look to USDCAD to capture the volatility surrounding the meeting’s outcome.

[primarylogic]

I note that FOREX Cup-FXOpen trader's competition-Online competition can subscribe account now, i just got an account for July competition.

[TaoJin88]

I got paid again today, though I am doing not so well, I got some profits here

any of you doing it very good? I want to learn more from you guys!

[primarylogic]

G/U is crazy again today, and G/J follow it.
I long G/J got 100+ pips now, maybe G/J can reach 214.

[TaoJin88]

bad data again! seems USD will keep weak for more days, EU have no way to 1.5 in a month!

[primarylogic]

Originally Posted by TaoJin88

bad data again! seems USD will keep weak for more days, EU have no way to 1.5 in a month!

E/U still in down, now just a retracement on daily chart.

[TaoJin88]

Daily Analysis
Choppy trading to continue
Resistance Support
109.48 - 61.8% r of 117.95-95.77
108.59 - 16 June high
108.40 - 17 June high 107.61 - 17 June low
107.18 - Prev. res
106.56 - 11 June low

USD/JPY - 107.95... Although dlr fell fm 108.28 to 107.61 in part due to
cross unwinding y'day, the pair later staged a strg rebound to 108.40 on renewed carry trade demand (selling in yen vs euro, aud n nzd) b4 retreating again in NY seeion as weak U.S. housing data put pressure on dlr across the board, dampening market's expectation of an early rate hike by the Fed.

UJ is going up, but EU did not rush down

[primarylogic]

Originally Posted by TaoJin88

Daily Analysis
Choppy trading to continue
Resistance Support
109.48 - 61.8% r of 117.95-95.77
108.59 - 16 June high
108.40 - 17 June high 107.61 - 17 June low
107.18 - Prev. res
106.56 - 11 June low

USD/JPY - 107.95... Although dlr fell fm 108.28 to 107.61 in part due to
cross unwinding y'day, the pair later staged a strg rebound to 108.40 on renewed carry trade demand (selling in yen vs euro, aud n nzd) b4 retreating again in NY seeion as weak U.S. housing data put pressure on dlr across the board, dampening market's expectation of an early rate hike by the Fed.

UJ is going up, but EU did not rush down

Thanks for your infomations.
U/J maybe cant up much, will see tomorrow, i prepair to short it.

[TaoJin88]

EU is going down now, so great, my trades got big profit today:lol: