Friday, February 11, 2011

I did it!

The Dollar has eased off day highs against its main rivals after the release of a largest than expected trade deficit in the US, as the trade gap with China rises to all-time highs.

USD/JPY retreat from 83.65 high has extended about 10 pips lower to 82.45, while the EUR/USD rebond from 1.3505 session lows has extended to 1.3545, and the GBP/USD recovery from 1.5960 low has reached prices above 1.6000 to 1.6015.

US Trade deficit has widened to $40.58 billion in December, up from the 38.32 billion deficit in November. In the whole 2010 year US trade shortfall has increased by 19.7% the largest increase of the last 10 years.

source: http://www.fxstreet.com


... and i finally risked to buy USD and made profit

Posted by at

22 comments:

  1. D.February 11, 2011 at 8:14 AM

    Wow thats like a huge change!

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  2. AnonFebruary 11, 2011 at 8:23 AM

    wow, you really got my full recognition to do such risky things! if i were you, i would buy gold as much as i can.

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  3. George_WayneFebruary 11, 2011 at 9:46 AM

    interesting stuff, im more into shares and stocks. but im starting to get a feel for the currency market. rents dabble in it from time to time but i think its a bit to dependent on the feel of the capital markets. but like i said im not a big follower but il be watching ur posts i like em. xD

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  4. AnonymousFebruary 11, 2011 at 9:48 AM

    Congratulations. I wouldn't have expected you to make profit with USD.

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  5. CiriisFebruary 11, 2011 at 9:59 AM

    I have found currency trading to be a very lucrative way to make some cash very fast and easy, but it also seems so very damn risky.. I have yet to attempt that or the FOREX market, honestly, I work too hard for my money to just toss it around like its free. :-/

    Any ideas on some safe investments?

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  6. teampl4yerFebruary 11, 2011 at 10:02 AM

    congrats!!! sir!

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  7. KyleFebruary 11, 2011 at 10:06 AM

    awesome!

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  8. Mr. MachineFebruary 11, 2011 at 10:09 AM

    I should get into this soon, seems like there really is some money to gain :)

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  9. AckerzFebruary 11, 2011 at 10:11 AM

    This is crazy interesting was wondering if you could maybe supply me with any 101's on understanding the stock market because this looks crazy interesting. Cheers

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  10. RaZerFebruary 11, 2011 at 10:14 AM

    Heh grats, the USD is a scary beast to be trading right now

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  11. Arek SałataFebruary 11, 2011 at 10:20 AM

    Good for you, bad for me :(

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  12. Port Forward KingFebruary 11, 2011 at 10:56 AM

    Congratulations on making some profit! Nothing risked is nothing gained.

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  13. JasonFebruary 11, 2011 at 11:05 AM

    That's great.

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  14. JoshFebruary 11, 2011 at 11:17 AM

    Way to go!!

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  15. AesopFebruary 11, 2011 at 11:47 AM

    Interesting read, congrats on turning a profit. Which figure on the second graph is your total profit?

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  16. Stuff that matters, stuff that don'tFebruary 11, 2011 at 12:59 PM

    Well done on making a profit

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  17. Steve FreelingFebruary 11, 2011 at 1:01 PM

    whoah!

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  18. metalpark_73189February 11, 2011 at 1:08 PM

    Yep, U.S. is going down the gutter!

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  19. LittleGiantBombFebruary 11, 2011 at 1:54 PM

    Congrats on making profit, this seems rather complicated.

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  20. murz90February 12, 2011 at 2:55 AM

    Congratulations and good luck in future :)

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  21. MikasFebruary 12, 2011 at 7:16 AM

    Great job man!

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  22. AnonymousFebruary 13, 2011 at 7:14 AM

    Wow! That was risky! Dou you always trade like this?

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