Menu
Sister Sites

  • Talk BIS, China seen selling EUR/USD in recent trade

    From forexlive.com

    We back down at 1.3170. Personally I hope they both get it round their necks

euro Down
i jst now bought this pair.. so we will be up very soon...
keep going
  •  Guest
  • | IP XXX.XX.180.176
teo`
send euro down
Cutting stops to buy Euro?

Chinesee were bullish on 1.2980-1.3000, why they would be bearish now???
Quoting Forexgain
i jst now bought this pair.. so we will be up very soon...
but this news very bad why you bought :/
rumor, fact, or fiction?
becos of Bernanke today, risk off first. They sell then they buy again before Bernanke speech. 2 way profit. I won't long for now, usually when BIS buy or sell, they tend to look for 100pips at least. so best time to long, if you are into it, 1.305 - 1.302. Otherwise keep on shorting


Quoting cichy
Cutting stops to buy Euro?

Chinesee were bullish on 1.2980-1.3000, why they would be bearish now???
It depends on how much he bought

I'm not sure if they are listening Bernanke. They rather try to rationalize their full of dollar currency reserves.
go euro is downnnn....
Quoting hyenas
but this news very bad why you bought :/
bcz this is just a bullshit and market will realize it very soon...may be i m wrong bt i personallly feel this news is nothing more than a shit.....
We'll see if you're right at 1.3090-1.3100 level
Quoting Forexgain
bcz this is just a bullshit and market will realize it very soon...may be i m wrong bt i personallly feel this news is nothing more than a shit.....
well...shit news or f**k news....the matter is you get profit.....wooohaaa...
  •  Guest
  • | IP XX.XX.99.159
5min doesnt look like its goin through 1.3130
  •  Guest
  • | IP XX.XX.176.153
always buy when you see this kind of news
this is not bad news, Greece scam was out last night. So big players are just doing some risk-off this morning, they could have bloody done it last night, I had to closed my short last night at 1.3145 becos of EBS lower peg, bugger!!!

So unless EBS lower peg of 1.3145 has change lower, there will be a rebound.

Once BIS and china is done, there will then be the bernanke speec which will bring the euro down a bit further before rebounce. Typical scenario. if qe3 is giving more light, expect euro to hit back up to 1.32 again.


Quoting hyenas
but this news very bad why you bought :/
Quoting Forexgain
i jst now bought this pair.. so we will be up very soon...
I read a phrase from someone on this forum yesterday that I liked.

Whenever it is hit by the speed of light you can expect it to be answered by the speed of sound.

So just wait a while...
For big players buy stops 1.322 for upside and buy order at 1.3115/25.
  •  Guest
  • | IP XX.XX.241.180
as always bull*shit works for 50p
  •  Guest
  • | IP XXX.XX.204.72
like jonahky7 says "this is not bad news, Greece scam was out last night. So big players are just doing some risk-off this morning". As usual the big players (Banks) use any meagre excuse to move markets (even if the news is not worthy of such a move). This is not unusual for the market makers (Banks)
  •  Guest
  • | IP XXX.XXX.98.8
bulshit you will see the euro 3230
  •  Guest
  • | IP XXX.XX.204.72
if any little reason is presented (even a minor comment) to hunt stops, then that's what they will do - and they did
Quoting Guest
like jonahky7 says "this is not bad news, Greece scam was out last night. So big players are just doing some risk-off this morning". As usual the big players (Banks) use any meagre excuse to move markets (even if the news is not worthy of such a move). This is not unusual for the market makers (Banks)
Do you mean the banks???
think it will be more than 50pips, if only 50p for banks it's peanuts, think they will be looking 100p

Why, becos they are greedy

Quoting Guest
as always bull*shit works for 50p
no news of ebs peg at 1.3145 this morning, so they might have pegged it lower for the big boys. This is just what I feel and can't find news for that. So don't listen to what I say here, it's risk-off n risk-on again

Seriously if i want to long, i'll look further down before starting to long. These banks have BIG dosh!

I'll see if i can find news on ebs pegging
  •  Guest
  • | IP XXX.XXX.8.197
mates,what this will effect gold price?
sometimes tricks work:

http://maggiesfarm.anotherdotcom.com...ke-It-Out.html
2 cents opinion - not much for down but yes for up ...... there are 438tonnes gold worldwide, if I get my sums correct, and 1/3 of it is with China. So I think China will try to keep or even push it even higher than current 17xx, maybe to 19xx again

Quoting Guest
mates,what this will effect gold price?
i think - i might be totally wrong, today is another scenario of short short short all the way to bernanke then down again to 1.302 before up up up to 1.32

The banks and reviewers will then say its O Greece's scame, ADP data was shit, unemployment is shit etc. Why they didn't drop yesterday I fking do not know.

Maybe the fking banks have a long and short fund managers on alternate days!!!!!
Yes ,EUR/USD will down 1.2750 in my FIB Chart,MNC & Banks will sell euro !
prepare to short euro now
EURO-DOLLAR: Traders note that Morgan Stanley have put out a sell
recommendation in euro-dollar, sell $1.3250. target $1.2390, stop
$1.3350.
EURO-DOLLAR: Edges back above $1.3140, as reported semi official demand
and US name bid interest provide the cushion between $1.3125/20.
However, recovery quickly seen losing legs.
EURO-DOLLAR: Edges back above $1.3140, as reported semi official demand
and US name bid interest provide the cushion between $1.3125/20.
However, recovery quickly seen losing legs.

bounced off 50% retrace of yesterday move, that's all
EURO-DOLLAR: Traders note that Morgan Stanley have put out a sell
recommendation in euro-dollar, sell $1.3250. target $1.2390, stop
$1.3350.

Then we will definitely be trading $1.3350 in no time!
It is good to have around well informed traders who knows excatly what US name, Chinese name, Russian name, EUropian name and all other kind of names bid...there are well informed traders and long term crystall ball practicioners who knows excatly sequance of EUR move in near term...amazing
Quoting mima
It is good to have around well informed traders who knows excatly what US name, Chinese name, Russian name, EUropian name and all other kind of names bid...there are well informed traders and long term crystall ball practicioners who knows excatly sequance of EUR move in near term...amazing
....is that sarcasm?
Spanish auction not bad auction results, low yield too, but I think today it won't help to rebound for now, maybe later after bernanke speech

Looks like the buy orders I mentioned earlier are kicking in,


Spanish Auctions: Tesoro sold Eur 4.554 bln of 2015, 2016 bono and 2017 obligacion issues
Written by Joe Brown
February 2, 2012 at 09:45 GMT

Out of an indicative target of Eur 3.5-4.5 bln

Sold Eur 2.52bln of 4% July 2015 Bono, yield 2.861% (vs 3.384 %), cover 1.63 (vs 1.797)

Sold Eur 984 mln of 4.25% Oct 2016 Bono, yield 3.455% (vs 4.021 %), cover 3.57 (vs 1.71)

Sold Eur 1.05 bln of 3.8% Jan 2017 obligacion, yield 3.565 % , cover 2.70

Overall pretty good, with a full take up and lower yields, despite lower bid to cover ratios
it's not bullshit forexgain, it's real BIS and China did sell.

Quoting Forexgain
bcz this is just a bullshit and market will realize it very soon...may be i m wrong bt i personallly feel this news is nothing more than a shit.....
.. This time, if euro goes down, it will never go up again. the cheap USD is ended.
mmmmm i have some reservation about MS, they lost big time previously by putting a big SHORT before Christmas and ended up with closing it with a statement, "we find euro/usd too difficult to predict, therefore we are ending our trade"?? Anyone remember that

Quoting Sanguis
EURO-DOLLAR: Traders note that Morgan Stanley have put out a sell
recommendation in euro-dollar, sell $1.3250. target $1.2390, stop
$1.3350.
I think u spoke too early

Quoting ijoel4ex
.. This time, if euro goes down, it will never go up again. the cheap USD is ended.
LOL BIS sold at 1.32 and now buying back again from 1.3125, what a 2 way profit for them! fking twats. How's that for trading today!!!
  •  Guest
  • | IP XXX.XXX.205.98
What tha fuck just happened??
  •  Guest
  • | IP XXX.XX.94.91
1.3106 ON THE GO . anti fundies. tech analysis only preferred.
merkel just farted in China begging for money from China . She's too fat to do any pole dancing, so she farted, and China's premier clapped once, "Good good, next please, but remember to SHORT yourself out first before we can give you money". Therefore explained the quick 60pips up and down move

Quoting Guest
1.3106 ON THE GO . anti fundies. tech analysis only preferred.
  • Post #48
  • Quote
  • Edited at 11:54pm Feb 2, 2012 7:12am | Edited at 11:54pm
ok than what next.....go long or go short....
Quoting Sanguis
EURO-DOLLAR: Traders note that Morgan Stanley have put out a sell
recommendation in euro-dollar, sell $1.3250. target $1.2390, stop
$1.3350.

Great.... look out 13351...
I'm not too sure about longing again, a head and shoulder pattern has formed for the past 4 days, for 4 days euro attempted to break 1.32 with not much luck. As of today, with the dovish tone from BB and ECB buying portugese bonds, I would have expected to hit 1.32 or an attempt to - but it failed and the engine hit lower, only at 1.318. I see that is a possible trend of downward before we see anything up again - but it's just me 2 cents opinion. But I will still short and long to get pips if there is no more bloody Greece coming out for a pole dance everyday!!!!!

Quoting venziro
ok than what next.....go long or go buy....
Quoting jonahky7
I'm not too sure about longing again, a head and shoulder pattern has formed for the past 4 days, for 4 days euro attempted to break 1.32 with not much luck. As of today, with the dovish tone from BB and ECB buying portugese bonds, I would have expected to hit 1.32 or an attempt to - but it failed and the engine hit lower, only at 1.318. I see that is a possible trend of downward before we see anything up again - but it's just me 2 cents opinion. But I will still short and long to get pips if there is no more bloody Greece coming out for a pole...
yea Eu already dead stick now..... thanks jonahky7
sound like everyone is gambling: big/ small, long/ short...
u still have nfp to decide north today

Quoting venziro
yea Eu already dead stick now..... thanks jonahky7
  •  Guest
  • | IP XX.XXX.201.220
Join FF
  • Story Stats
  • Posted: Feb 2, 2012 3:14am
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 53  /  Views: 8,304