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Friday 13th

Hello traders,
Yesterday EUR/USD made a big reboung of more than 100 pips from its bottom (1.0694 - 1.083). Nevertheless there is still some risk for downside movement but it will be a correction in my point of view because there are a lot of clues for reaching a bullish momentum. The December interest rate hike of Fed is a question not "If" but how big will it be? 0.1, 0.25 or even more? The present market already has absorbed the potential rate hike so the only way for now is up with a stop at…
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News day

Hello traders,
The day for the next NFP has come, but it is tomorrow.
Today it will be a day with a lot of other interesting news. After the two consecutive surprised interest rate cut of Swedish bank today most probably there will be no surprise -0.35. It will be a good trade opportunity but the timing is crucial because of the volatility and the huge spread in krona pairs. Direction is not clear yet
The next broadly expected event is the ECB interest rate decision but because of tomorrows NFP …
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This is called 400 pips in EUR/SEK for 5 minutes :) (400 pips EUR/SEK approximately equals 50 pips EUR/USD)

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Slightly bullish domination on EURO

Hello
In the present volatile period it is difficult to give precise prediction.
EUR/USD has made a lot ups and downs and presently has formed a good triple bottom on the Daily chart
It can be seen on the figure that the bears have difficulties to push the price down so every attempt has failed to fall under 1.08.
On the Hourly chart
there is in the moment of writing a good channel down but the price has already broken the upper level and also the descending channel has failed which is a clue …
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The Sweden surprise

This was simply WOW by Swedish bank. They decreased surprisingly the interest rate to ZERO few seconds before I was considering a short. This is why patience is a virtue. In my case I can only thank that my PC is extremely slow and the platform couldn't load fast enough. Now I will just wait for the consumer confidence in USA for maybe a long in EURUSD. For now I just know that my decisions are wrong and must wait before taking action.
Be careful traders it is surprise time, Think out-of-the box
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Weekend first

Hello friends,
Today is the first weekend day for analising what has happened this week and some relax.
This week was very tight range for most of the pairs. Maybe this is the reason a lot of traders including me have made mistakes. I have minimized the risk so the loss was small.
For next week there are a lot of interesting events which include interest rate decision announcements. The most interesting of them is Sweden bank decision which is expected to lower the rate. I hope someone to give c…
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Weekend thoughts

Hello traders and others
It is Saturday, the day you think what have you done this week and start thinking how to proceed next week. I have successfully guessed NOK, SEK and TRY with small result. Next week will start from Tuesday (because Monday as always is very tight range day if there are no surprises) when the china's GDP will have some (maybe small) impact. After this are Canada interest rate and then Norway's interest rate announcements on Wednesday and Thursday. I will try to bet on CAD …
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Weekend thoughts

Hello traders and others
It is Saturday, the day you think what have you done this week and start thinking how to proceed next week. I have successfully guessed NOK, SEK and TRY with small result. Next week will start from Tuesday (because monday as always is very tight range day if there are no surprises) when the china's GDP will have some (maybe small) impact. After this are Canada interest rate and then Norway's interest rate announcements on Wednesday and Thursday. I will try to bet on CAD…
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Last wednesday of July

Hello traders,
It is Wednesday, the day in which there is ADP which follows Fridays NFP. Nearly 3 years all traders were trying to short the EUR and Long the USD and now when we see that the hawkish mood of MRS Yellen will come and the interest rate will try to go up I am very surprised to see that sentiment is for buying European useless paper and sell dollars. I am sure that until end of next week we'll see EUR/USD at 1.32 at least. But please buyers buy some more to give me opportunity to ent…
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