EUR Trade Index 18-Year Chart

hi Ashraflaidi

Looking at the chart EUR/USD we have a ascending wedge witch is bullish for the FXE but bearish for the dollar

yeh.. sounds like a good game plan to me.. don't forget to set targets and stops though:-)

Okay good.
I came here to view Mr Ashra Flaidi's comments and site, and to interact with real traders some too. He has said that this site is 2 to 3 yrs old and is kinda like a baby .. still developing and improving at a pace that works. I look forward to checking here to check what he is writing and to check what you real traders are writing .. I think this is going to be a real positive week trading .. and I hope to catch a number of well-deserved PIPS !!!
I see USD strength vs EUR & to a lesser extent vs GBP - a hint of AUD weakness vs NZD & JPY.
I am Short in EUR/USD, and GBP/USD today.

might want to repost this question in EUR forum..

Right now I'm looking @ the EURO "trade-weighted index" and trin' to gleen anything that would help me understand about what the US FED does or does not do .. that will cause the EURO to slide-and-lose value - or - rise-and-gain value as June Approaches and it is "rumored" (double-speak by Bernanke ??) QE2 'MAY' or 'WILL-BE' withdrawn.
From what I've listened to and read, QE2 **MAY** be withdrawn -- if it really is or not, depends on 'secret meetings behind closed doors.
It appears from this chart, that the EURO is heavily influenced by what the US FED does or does-not do. Any ideas ??

they are long gone.. I'd not waste your breath on them..

It is my belief that you two (Gunjack & balool) sharing insults here, today on this board, is unnecessary. Who cares if someone thinks (un-warrantedly) that I am, say, an anti-semite ?? (I am NOT an anti-semite; I actually have Jewish ancestery) It is really NOT MY BUSINESS what anyone else thinks about me!! (THANK GOD!!) It only matters, 1) what I think of myself, and again 2) it is not MY business what others think of me. That is THEIR business !! Maybe we should all get out of the business of trying to psycho-analyze people whom we have never met ??
I believe we are here to support one another in our trading, with positive honest sharing what each of us sees in the market, or how trader's sentiment across the world MIGHT affect this weeks trading.
How about we all try to cause peace. Why start a war-of-words here ... when, WE CAN begin peace here-and-now, that 1) begins with thought, then words, and 2) manifests (becomes real) in the causing of peace, IN OUR actions throughout the world. Peace works SO MUCH BETTER than war !!
Let's stick to TRADING-IN-PEACE !!

I value your sharing of your insights very much. I have wabted abd beeded a few new teachers and am very happy to have found you among the many out there. I've been learning about Forex since August of 2006 and am now able to actually hang onto my 'principle' and begin adding slowly to it thru disiplined trading. I value your sharing with us here. Thank you very much !!