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- MProcella replied Mar 4, 2016
In my opinion this move upwards in entirely unsustainable, more specifically the move from .71 to where we are now. It is a short-term market reaction to favorable Australian news and heavily discouraging data from the United States. There is no way ...
- MProcella replied Feb 28, 2016
I think the general principle is still accurate. When a currency has a higher interest rate it increases the incentive to establish long positions, thus increasing demand and in turn price. When other factors are involved however, this demand could ...
- MProcella replied Feb 25, 2016
I understand that it is late to post on this forum, yet to any passers by - I feel I can be of use. I officially endorse Ctrader platform, there is no other company which has consistently and reliably listened to their customers, and responded with ...
- MProcella replied Feb 24, 2016
It is my firm belief that the price of Euro's, relative to the United States Dollar, as been (or is being) manipulated downwards by large excessive selling. It is well known that large financial interests, predominantly in Europe, have been seeking ...
- MProcella replied Feb 18, 2016
I'm very tentative in saying this, as price action is yet to confirm and the views of others are based on good logic. Yet I feel that buyers are simply exhausted; there is no more money to enter this pair, and as a result price is simply going to go ...
- MProcella replied Feb 11, 2016
The Federal Reserve appears to be taking a slightly dovish tone now, stating caution over global economy, market turmoil, etc. The Reserve Bank of Australia has also hinted the possibility of a rate cut, which I believe to be very likely. For the ...
- MProcella replied Feb 11, 2016
I think it's fairly safe to add shorts now, any close above .711 is unlikely. Looking at sentiment, the RBA is open to the possibility of a rate cut, while the Fed seems to be expressing caution on the expected rate hikes. This could probably create ...
- MProcella replied Feb 7, 2016
I've always found Ichimoku Clouds to be eerily accurate. Yet I can't understand why the number '26' is so important. What occurs on this date? Why does it have so much significance? - Michael
- MProcella replied Feb 3, 2016
Okay maybe the accumulation was also based on selling the United States Dollar, either way the established long positions worked out well. Seeing as the majority of the market, (retail traders), are short; this could lead to a short-squeeze, pushing ...
- MProcella replied Feb 2, 2016
I'm still extremely bullish on the Euro, the ECB's attempts to suppress the price are most likely unsustainable, and all suppressed instruments are likely to explode. Underneath there is an enormous amount of buying pressure, (based on my analysis), ...
- MProcella replied Feb 1, 2016
Does anyone else perceive massive accumulation of Euro's? There appears to be vested interests in keeping the Euro down, along with fundamental and technical information supporting an increase in the Euro's value.
- MProcella replied Jan 21, 2016
I think the quick move back upwards is a sign of massive accumulation, I can't believe this is due to short covering alone. Draghi, and the ones he serves, seems interested in keeping the Euro down, which probably has resulted in some of the ...
- Posts by Member Search: 'MProcella'