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  • Dollar Won't Benefit In Fiscal Cliff 2.0; Buy EUR/USD Targeting 1.36 - SocGen

    From efxnews.com

    The US dollar won't likely behave in a similar risk-on/risk-off fashion to the concerns over raising the US debt ceiling as it did before, said Willie Williams, director of institutional derivatives sales at Societe Generale in an interview with CNBC. "I think a lot of the uncertainty has been taken off the table. So, therefore, the need for the dollar to be a safe haven asset has been reduced. I still think there's is a lot of trouble or a lot of potential issues on the horizon, but we no longer have tax uncertainty in the near term," he clarified. That accompanied by the better risk sentiment in the Euro area ... (full story)

As the name goes willy........lol
I'm all in to short EU
Dangdut is a music of my country
Quoting NuNix
I'm all in to short EU
that's good!!!
eurusd could reach 1.3450 today,,
Hey wake up!!! that's why 90% retail trader failed, they don't go with the flow, stay with their ego and can't accept when their analysis is wrong...I can immediately switch my side from short to long if candle tell me I'm in the wrong position even if i lose some pips...don't stay with your ego just to see your lose got bigger
Quoting jeevan007
eurusd could reach 1.3450 today,,
Dangdut is a music of my country
No chance of 1.3450 today and probably not this week, maybe next. But trade whats in front of you in the charts, NOT what a talking head says or a hack with a position to support (SocGen is probably long in the 1.33's).

The short term charts suggest a further correction with the possibility of 1.3180, but not much more than that and probably less say around 1.3240, so keep stops tight, small lots and be agile, cause when it turns it will rise rapidly.
I don't buy that.....if there is huge uncertainty, the dollar will spike as always...
Willie Williams, director of institutional derivatives sales at Societe Generale in an interview with CNBC.
==>Coming out with a hot tip to get suckers to buy the euro so SC can build s short position.
SocGe - the bank of the "lonely traders unleashed" - like to well-known one that loaded them with 4.7bn EUR losses ;-).
You guys actually believe what SocGen said ? Like they are gonna tell you what their trading desk is doing....*

Just ignore it
Quoting jeevan007
eurusd could reach 1.3450 today,,
may be, but only as the bounce from 1.3150
Eur is moving higher after a small correction , if it can break this week highest high than it doesn't matter even if CNBC do the interview with Obama tonight , i still will able to lock in 200pips of profits from E/U buy order......but if its goes the other way than i'm just goin to lose 25pips........anyway the wind blows doesn't really matters to me , Is this the real life ,Is this just fantasy,Caught in a landslide , No escape from reallity ................this is the song for Euro tonight.........
Enter Signature
hmm European bank say buy euro...sold!
Quoting NuNix
Hey wake up!!! that's why 90% retail trader failed, they don't go with the flow, stay with their ego and can't accept when their analysis is wrong...I can immediately switch my side from short to long if candle tell me I'm in the wrong position even if i lose some pips...don't stay with your ego just to see your lose got bigger
bid moving towards target,,, hurrah,,nice bucks in my coffer
yes, I add +300 pips from the short to my balance..Like i said i can switch my order from short to long when i see bullish movement...Already add +200 pips from the bullish to my balance....I still hold my long order from yesterday and floating +900 pips...I post it in EURUSD forum...just go with the flow my friend, you can profit from both side (Short/Long or Bulls/Bears)....Cheers
Oops just see up movement...Now Floating +1000 pips
Quoting jeevan007
bid moving towards target,,, hurrah,,nice bucks in my coffer
Dangdut is a music of my country
Quoting NuNix
Hey wake up!!! that's why 90% retail trader failed, they don't go with the flow, stay with their ego and can't accept when their analysis is wrong...I can immediately switch my side from short to long if candle tell me I'm in the wrong position even if i lose some pips...don't stay with your ego just to see your lose got bigger

wake up,,,my target reached
Quoting NuNix
Hey wake up!!! that's why 90% retail trader failed, they don't go with the flow, stay with their ego and can't accept when their analysis is wrong...I can immediately switch my side from short to long if candle tell me I'm in the wrong position even if i lose some pips...don't stay with your ego just to see your lose got bigger
good point!
contact me for a managed account
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  • Posted: Jan 15, 2013 5:23pm
  • Submitted by:
     eFx Newz
    Category: Fundamental Analysis
    Comments: 17  /  Views: 5,466