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  • No news behind the jump in EUR/USD that I can see. Testing 1.31 now.

Maybe it's pre-Draghi warming up
Less is more...
OMG!!!!! Some market moves are not news-correlated?!?!? Can this be?
Use me as a contrarian indicator
this is the crazy greed to up euro in the market calm condition!
IMPOSSIBLE!
and now us empire state survey is the reason
  •  Guest
  • | IP XXX.XX.245.57
hahahahahahaha what a good move without news?
it happened by market makers ,so keep thinking about monster trader.
  •  Guest
  • | IP XXX.XX.218.51
It's all technical...we are still on track to reach 1.3300 this week!
  •  Guest
  • | IP XX.XXX.95.254
and if it us empire state survey that is making the euro to go north ..then y is the gbp/usd not doing the same??????
  •  Guest
  • | IP XX.XXX.70.223
This is just a technical relax back up before the next BIG fall - check your Fibs !
w0w - so spooky. Euro is so stronk doesn't need news to move
Some Big Players have interest in taking the Euro Up. So Beware of the Big Fishes in the Water
Personally i think that this appreciation in the euro is the japan investor that has flooding with a huge liquidity have invested too much in euro asset and euro currency for the yeld level. ECB wait and see, the FED may continue with QE result all fresh money go in the euro.
Pre Draghi move perhaps? Push the price up making it easier to break 1.314 or better short entry.
1.30525 is last week 50% bull fibo
nothing but market maker manipulation--going down like a stone
Enter Signature
Obama's 18% tax rate has proven the POTUS is a mealy mouthed hypocrite..therefore the USA is a leaderless country who's currency is worth a little as her president. Simple.
Quoting kckates
Obama's 18% tax rate has proven the POTUS is a mealy mouthed hypocrite..therefore the USA is a leaderless country who's currency is worth a little as her president. Simple.
w0w dude that was so brutal
  •  Guest
  • | IP XX.XXX.3.159
Quoting Aladar
Maybe it's pre-Draghi warming up
yeahhhhhhhhhhhhhhhh! cant wait
DUDE Playing the bitch short. First target of
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  •  Guest
  • | IP XX.XX.231.136
When someone tells me under what news/terms EU dropped from the same level 13 hours ago(Tokyo open) I'll tell him why it came back up.
My tgt achived in gold sell given at 1682 tgt 1410 hit
  •  Guest
  • | IP XXX.XX.218.51
Quoting jerseyrichie
nothing but market maker manipulation--going down like a stone

I prefer to look at it as a "dip" and another chance to buy before the next rally up. 1.3050 was the low for today, 1.3080ish was the dip. We should see 1.3120-50 imho
if it breaks .3072----down to .3054--just my take ------
Enter Signature
i believe that euro still breaking down till 1.3050. Still broken europe
I belive .3057has to be breached and closed above first --careful these guys are sneaky!--
Enter Signature
sorry--.3105
Enter Signature
  •  Guest
  • | IP XXX.XXX.48.49
im looking for buy at 2988 from there im gonna swing buy.. till 1.32 or 1.34
Yeas eu tested but trading in very tight range from last week
comments removed
True knowledge is knowing that you know nothing. Socrates.
Draghi says " here's some pics of my cats " Euro Shoots up 100 pips =0
  •  Guest
  • | IP XX.XXX.141.105
Am I the only one that I see a possible reverse to 1.30¿
Quoting Mason425
Draghi says " here's some pics of my cats " Euro Shoots up 100 pips =0
I think only if he fart is enough. One smooth Draghi fart can hsoot up the euro with 150 pips
this is bound to repeat again and again.
This is a case of the blind burying the blind - since when did news matter in a market. What news drives the buying and selling of potatoes? In what sense does EUR/USD differ? People travel, import cars and stuff, buy companies in other countries, gamble across borders, invest across markets, send kids to school in other lands - that is why the exchange market moves not because draghi or anyone else makes some statement - exchange of values based on real needs drive the markets. Sure interest rates are important as is speculation and the antics of speculators but not in a way so fundamental as to make or break the mold of the fundamental need of nations - exchange.
Quoting Loadedgun
This is a case of the blind burying the blind - since when did news matter in a market. What news drives the buying and selling of potatoes? In what sense does EUR/USD differ? People travel, import cars and stuff, buy companies in other countries, gamble across borders, invest across markets, send kids to school in other lands - that is why the exchange market moves not because draghi or anyone else makes some statement - exchange of values based on real needs drive the markets. Sure interest rates are important as is speculation and the antics...
Let me rephrase - markets move on news (fake) because 95% of traders are like 95% posters here - trying to figure out what news ''means'' - I can't stress enough how futile and unsuccessful that is. I have watched ppl calling gold long for a month now - and we c how that ended. (as a matter of fact I'm receiving so many offers to buy gold since it is the safe haven, the pinnacle was 2 months ago when i received 2 videos from certain 'investment' houses which stated so valiantly that USD is falling apart, that inflation is killing USD and that USD is becoming ''unsafe'' - from that point USD rallied (compared to other currencies) some 6-10% and gold plummeted some 20%.
I heard that eur is testing 1.31 - where? today? That is standard psychology - when something falls big, then it is buyable...few ppl are willing to enter short here and psychologically that would be the more probable scenario. I am short from 1.3105 and still waiting, SL is at the top of this range...can't be more simple and more painless than that...
By the way it is funny since I am able to model the market accurately enough to tell at any time what the trajectory is for a pair. Sometimes I come around and share but have found that while I have rarely (not in recent or even distant memory) been called out for bad calls - folks just take it like a freak show - someone who by chance or accident gets it right all the time and ignore my point which is that by using mathematics available to all people can get away from the nonsense I met when I joined and get real about trading.

So I do not waste my time anymore - but it is laughable when I see certain stuff in print here and can't help but comment. BTW my last call is still playing out to detail. Anyone thinking we are not going see 1.33 does not know me or my methods (which I have not hidden here and it is not magic it is math) and I can give you the path which is 1.29 handle now followed by 1.33/34 then we start the horrible descent to 1.17 (subject to further confirmation).

Now to think guys without a clue and not to mention the analytic ability required to read the market using modern tools (and know how) feel no compunction jamming bandwidth with trite can be a bit annoying especially when they make money out of doing so. Really I get pissed sometimes. But traders appear lazy or greedy or both plus have money lust in the main and would not take the time to scale up to the truth - rather they want to get rich quick and are easily conned by these seemingly rational but ineffective methods. You think you can wake up everyday and read some calendar and trade the market - then think again - news is noise.
Quoting Loadedgun
By the way it is funny since I am able to model the market accurately enough to tell at any time what the trajectory is for a pair.
Can you share your market model? If it is reasonable, I am sure there are many people here who would listen in. How successful are you with it?
  •  Guest
  • | IP XX.XX.140.213
Quoting Loadedgun
By the way it is funny since I am able to model the market accurately enough to tell at any time what the trajectory is for a pair. Sometimes I come around and share but have found that while I have rarely (not in recent or even distant memory) been called out for bad calls - folks just take it like a freak show - someone who by chance or accident gets it right all the time and ignore my point which is that by using mathematics available to all people can get away from the nonsense I met when I joined and get real about trading.

So I do not waste...
I am sure about your theory and math calculation when the other people did not believe you but now i see price of euro exceed 1.31xx.

Is this false break or we have direction going to 1.33/134 without 1/29 in handle Mr LG..?

Thank you for reading.

Hope
Don't encourage him please. I'm sure I'm not alone in noticing that the standard of debate has improved exponentially since his involvement in this space decreased to one or two posts per week.

Quoting Guest
I am sure about your theory and math calculation when the other people did not believe you but now i see price of euro exceed 1.31xx.

Is this false break or we have direction going to 1.33/134 without 1/29 in handle Mr LG..?

Thank you for reading.

Hope
Incredible, the masked crusader re-appears and the same spinning autistic debate re-ignites, and a poster laps up the nonsense...

Look, Forex movements, first and foremost, are as a direct result of the policy made (or outlined in terms of proposals) by central governments and central banks. No matter how many times a buffoon will tell you otherwise simply ignore it. That policy decision making (or suggestion of) eventually reveals itself on your charts. Which, despite opinions to the contrary, are only as effective now as when Chinese merchants used candlesticks to determine supply and demand (overall sentiment) centuries ago.

In recent months you've had various and diverse examples of:

The Fiscal cliff,
Japanese QE,
and now a huge order being placed on Gold as an example of how and why these markets move. How this can be ignored or described as "technical" defies belief. How anyone could refer to the collapse in yen as "technical" is laughable.

But that's the issue isn't it? Belief. Holy Grail chasers can't accept that there isn't a perfect winning formula out there based on maths, there has to be a formula? The latest technical traders were citing that Gold would bounce back at 1500, ouch.

So stop it please, the debate of fundys versus technicals should be something any reasonably successful trader has left behind in his wake years back.


Quoting DemoAntares
Let me rephrase - markets move on news (fake) because 95% of traders are like 95% posters here - trying to figure out what news ''means'' - I can't stress enough how futile and unsuccessful that is. I have watched ppl calling gold long for a month now - and we c how that ended. (as a matter of fact I'm receiving so many offers to buy gold since it is the safe haven, the pinnacle was 2 months ago when i received 2 videos from certain 'investment' houses which stated so valiantly that USD is falling apart, that inflation is killing USD and that USD...
Quoting Squeeze
Incredible, the masked crusader re-appears and the same spinning autistic debate re-ignites, and a poster laps up the nonsense...

Look, Forex movements, first and foremost, are as a direct result of the policy made (or outlined in terms of proposals) by central governments and central banks. No matter how many times a buffoon will tell you otherwise simply ignore it. That policy decision making (or suggestion of) eventually reveals itself on your charts. Which, despite opinions to the contrary, are only as effective now as when Chinese merchants...


you worthless piece of **** .....tell me something new or interesting or just shut the **** up
All u noobs do realise that mr. LG was right in this instance right? Or it was just luck?
And mr squeeze? how did u do last few working days?
Me myself took some 175 pips in a three days work.
Actually no, he isn't right, he simply waffles and some of the waffle can be related to the current position. Not big not clever, he has worse than coin toss results.

My performance? By my standards I've (we've) had a spectacular start to the year which was expected given the yen factor. I simply repeat the same actions day in day out; 1% account growth yesterday, 2% Tuesday and 3% Monday, nothing has triggered overnight or this morning so (if conditions follow past patterns) I could have a slightly negative day today.

But this kind of performance is highly unusual for me, I'm (personal performance) at least 50% above where I was this time last year. Moreover, the effort I put in is distilled down to very little quite frankly.


Quoting DemoAntares
All u noobs do realise that mr. LG was right in this instance right? Or it was just luck?
And mr squeeze? how did u do last few working days?
Me myself took some 175 pips in a three days work.
As I predicted, 0.4% down today ;-)

Quoting DemoAntares
All u noobs do realise that mr. LG was right in this instance right? Or it was just luck?
And mr squeeze? how did u do last few working days?
Me myself took some 175 pips in a three days work.
3.15% up today. Week's trading now closed, 9.15% up. That's exceptional variance from my norm.

Quoting DemoAntares
All u noobs do realise that mr. LG was right in this instance right? Or it was just luck?
And mr squeeze? how did u do last few working days?
Me myself took some 175 pips in a three days work.
Quoting Squeeze
3.15% up today. Week's trading now closed, 9.15% up. That's exceptional variance from my norm.
WD
Quoting Squeeze
3.15% up today. Week's trading now closed, 9.15% up. That's exceptional variance from my norm.


I lost track of what I did this week since i decided to keep my total equity hidden at all times
Damn, am I gonna be surprised after a while when I check it out...
Most retail traders would look at 9% in a week (which iirc is triple his standard return) and scoff believing its nothing. Seduced by wild tails of 100% per week on their three grand account they perpetually attack this industry from the wrong angle. Find a method to return 3% a week risking less than 0.5% per trade and you'll soon find yourself escaping the shackles of the 9.5 out of 10 club.

Quoting DemoAntares
WD
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
The way i see it its not the news or figures thats important but how the market reacts to the news. Majority of people lose in the market so the news props up price to a technical level and reverses on good or bad figures.
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  • Story Stats
  • Posted: Apr 15, 2013 8:24am
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 50  /  Views: 8,747