The bank of Japan (BOJ) may intervene soon to fix its currency to increase exports again. On September 6th they will determine whether or not it’s wise to do something about the stronger getting Yen. Will this be too late since already companies like Nissan are seeking their business elsewhere? As far as I see, [...]
Archive for the ‘Forex’ Category
June 6th, 2010
Extreme volatile trading week ahead, sign of a EURO collapse?
When I hear the word volatility I think of making money. Plain and simple. Volatility can be good, but too much volatility can be dangerous. Getting in the danger zone doesn’t mean there isn’t any money to be made, but we have to play our cards right if we want to. We are looking at [...]
June 1st, 2010
TRADING ALERT: EUR/USD flirts with 1.21 levels
Not many times I issue an alert (a trading alert depicts a statement I made in a very recent post regarding a trade setup).Since my post yesterday the EUR/USD pair has touched below 1.22. A decrease of 1 cent (or 100 pips). Although this was foreseen in my analysis yesterday with the recommendation to go [...]
May 31st, 2010
EURO correction or trading sideways?
More bad news coming from Europe. Not only is the ECB expecting major loan losses from banks in Europe, on top of that German President Horst Köhler stepped down, the first German President ever to do that. The EU is already not that economically stable like it used to be, this news is certainly not [...]
Posted in Forex 
Tags: EUR/USD, euro, euro crisis, euro currency, forex, Germany, Horst Köhler 
No Comments »May 20th, 2010
About the DOW crash, Mr Roubini and a trade setup for tomorrow…
It seems to me every time the Dow Jones closes lower by a significant amount of points like how it did today Mr Nouriel Roubini, also known as Dr. Doom because of his dire economic outlook, manages to pop up on CNBC throwing salt in the wound, in a ‘see.. I told you so’ interview.Mr [...]
Posted in Forex Tags: Dr Doom, EUR/USD, euro, forex, Nouriel Roubini, recession, Roubini No Comments »
