Those who say it cannot be done should not interrupt those who are doing it
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EurAnalysis Kindergarten 24 replies
Current Outlook
DislikedTerrible and so it goes. The Dow Futures are down 40 and we have a RED DAY in the Dow unless there is intervention.
Risk Off and so the Momentum is out of most assets and into USD/JPY and US Bonds which moves US Dollar Index UP and since EUR/USD is 57.6% of the Index then EUR/USD moves down.
Watch the Dow open and price of Gold.
The Yields on the 2 Year US Bonds and 10 Year US Bonds at .23% and 1.47% will show where the Money is flowing. If we go towards .21 and 1.45% then MORE money is going in US Dollar FIRST and then US Bonds.
Watch...Ignored
DislikedHehhh.. You know buddy how to make me feel good :-)))))
Already bought 2185, we'll see how it works later on.
I can't stay today watching my charts so I had to gamble with 30pip SL...
We'll see later on...Ignored
DislikedGuys, you know me, I am paranoid. Now I think someone is boosting the market so we dont break down into oblivion. You know why is he boosting it? Because tomorrow Bubbles testifies and he is able to send us up 200 pips more without even mentioning QE.
Imo this cant be just those sales. Those are just retail sales. Thats it. It has nothing in common with FX market except for the fact it is indicator of economic health. But there are much much more important indicators than this one. So, this (and friday) is intervention imo.
TIgnored
DislikedInteresting thought. I can see your point, the EUR is in a right mess.
Intervention by whom though?Ignored
QuoteDislikedGuys, you know me, I am paranoid. Now I think someone is boosting the market so we dont break down into oblivion. You know why is he boosting it? Because tomorrow Bubbles testifies and he is able to send us up 200 pips more without even mentioning QE.
Imo this cant be just those sales. Those are just retail sales. Thats it. It has nothing in common with FX market except for the fact it is indicator of economic health. But there are much much more important indicators than this one. So, this (and friday) is intervention imo.
Dislikednice, also realized daily pivot is at 1.22473 and weekly 1.2245, looking for a decent bounceIgnored
Dislikednice, also realized daily pivot is at 1.22473 and weekly 1.2245, looking for a decent bounceIgnored