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DannyBly
Added topic USD/CHF Volatility Breakout on the Horizon
USD/CHF Volatility Breakout on the HorizonPressure building up in the USD/CHF horizontal channel between the near support of 1.1710 and the multiple top resistance level of 1.1804. Recent upmove is also contained within the larger upward sloping
DannyBly
Added topic Weekly Fundamental Recap
In the midst of the global economic crisis, the US Dollar and the Yen gained the most against the Euro since it's inception in 1999 - as investors made a flight to safety. The dramatic turnaround comes of the heels of the Euro reaching it's record
DannyBly
Added topic Negative Fundamental Releases ahead of Fed Announcement
The Consumer Confidence Index fell to a 5 year low, amid soaring inflation reflected in rising gasoline and food prices - and fears of a weakening jobs market. Reduced consumer confidence leads naturally to reduced consumer spending. Consumer
DannyBly
Added topic Danny's Trading Journal
Today's trading: around 7AM CST entered long off bullish EMA cross - RSI was unable to cross 50 - got a little chopped here costing me about 8 pips...entered long at 1.4623 off bullish divergence between RSI and price....EUR spiked up and we got
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