new home sales took a dive today. i positioned all USD pairs for the USD to drop, can someone tell me WHY the USD went UP instead of DOWN on the news? is the market being manipulated??

__________________
THROUGH THOUSANDS OF HOURS OF LIVE AND RECORDED CURRENCY TRADING WE HAVE DETERMINED, THAT THE GEOMETRICAL PRICE MOVEMENT OF ANY CURRENCY PAIR IS A STATISCALLY PREDICABLE ELEMENT

From what I can see, the USD changed little but rest assured it will continue to slide - while at the same time US equities continue to reach all-time highs. The phrase, 'Robbing Peter to pay Paul' springs to mind - 'they' appear to be trying maintain the pretense of a strong and vibrant US economy...

So yes, I'd say manipulation is a fair description

btw, I posted a link to a Bloomberg video concering short-selling corruption and the SEC's apparent unwillingless to do anything about it, not too long ago. Very interesting I thought...

Very true and very good assessment of what is going on. Nonetheless, islandrock got rocked and manipulated by the market first by anticipating/predicting what the market will do before the news release. But, that's trading the market.


ENJOY!

fxcruiser

__________________
"You can be FREE. You can live and work anywhere in the world. You can be independent of routine and not answer to anybody. This is the life of a successful trader."
- Dr. Alexander Elder
****************************************
HAMA PAD v1 Original (here since 8/25/06)
************************************
HAMA Z3 - CYCLE Trading with PALS**TRADE SMART... Less Indicators; TRADE EFFICIENTLY for MAXIMUM PROFITS in LESS TIME**
Qualified Users Only
************************************

well i do quite well. it's just that that was not expected at all. most traders should have went the same way i did, i dont understand how all the money went into the USD to make it raise in value? it makes no sense!!

__________________
THROUGH THOUSANDS OF HOURS OF LIVE AND RECORDED CURRENCY TRADING WE HAVE DETERMINED, THAT THE GEOMETRICAL PRICE MOVEMENT OF ANY CURRENCY PAIR IS A STATISCALLY PREDICABLE ELEMENT

It will make sense. Please read omelette's post once more. Read between the lines. This is not the first time it happened and will not be the last so be careful the next couple of months. Exercise good money management and AIYOBI.

ENJOY!

fxcruiser

__________________
"You can be FREE. You can live and work anywhere in the world. You can be independent of routine and not answer to anybody. This is the life of a successful trader."
- Dr. Alexander Elder
****************************************
HAMA PAD v1 Original (here since 8/25/06)
************************************
HAMA Z3 - CYCLE Trading with PALS**TRADE SMART... Less Indicators; TRADE EFFICIENTLY for MAXIMUM PROFITS in LESS TIME**
Qualified Users Only
************************************

Big deal...?????

Hi!

There was a leak at 13:00 cet more or less. The rumor was that the housing number was 783k. So, the real number was a little bit better ( 795k ).

That's why USD went up, not much; but it did.

I'm sure that with a 8,3% drop on housing, we'd have seen a real move on the right direction without that previous leak. Anyway, just my opinion.

__________________
Nina

We must fight on the winning side, not on the side we may believe to be correct.

Focus, Patience and Discipline

Is it a BIG deal????

__________________
"You can be FREE. You can live and work anywhere in the world. You can be independent of routine and not answer to anybody. This is the life of a successful trader."
- Dr. Alexander Elder
****************************************
HAMA PAD v1 Original (here since 8/25/06)
************************************
HAMA Z3 - CYCLE Trading with PALS**TRADE SMART... Less Indicators; TRADE EFFICIENTLY for MAXIMUM PROFITS in LESS TIME**
Qualified Users Only
************************************

It is a BIG deal for my Holy Grail...???

can anyone tell me where to acquire these " leaks" it seems that everyone heard this but me.

__________________
THROUGH THOUSANDS OF HOURS OF LIVE AND RECORDED CURRENCY TRADING WE HAVE DETERMINED, THAT THE GEOMETRICAL PRICE MOVEMENT OF ANY CURRENCY PAIR IS A STATISCALLY PREDICABLE ELEMENT