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  • Everything Bar The Price Suggests EUR Head South

    From oanda.com

    Last week certainly had its unique moments, with the different asset classes doing their best to fall in line with directional help from both policy makers and fundamental data. Global bourses were mixed on the back of some disappointing Chinese and European data and actions by the central banks of Australia, UK and the Euro-zone. Providing the latest piece of strong economic data out of the US and raising market expectations that the Fed would soon begin to roll back its stimulus program was Friday’s US labor data. The stronger than anticipated headline print (+195k) supports the improving fundamentals in the ... (full story)

this article is so desperate to convince me to sell, that I began to have doubts...still waiting on Draghi
You mean Euro nosedive Draghi?
Quoting harry23
You mean Euro nosedive Draghi?
Draghi may give a direction, but don't know which it will be. If I knew I would have already sold or bought. I'm still out, matey.
....whenever he speaks it sinks the €
If they are saying its time to sell, then it must be time to buy lol.
After Open Draghi mouth ,Euro will Dive or Fly ?
no body know where its all on dragi speaks and resistance points if 1.2840 break then 1.2750 today we see if if its reach at 1.2950 then 1.3000 is strong area if cross 1.3000 then bulish realy is start but its difficult more chance is bearish 1.27 or 1.26 then its must be close eyes buys start
Quoting jegas
After Open Draghi mouth ,Euro will Dive or Fly ?
exactly It will either Dive or Fly
any info Draghi Speaks
why news time and data delete from forex factory any idea about darghi speak please share
http://www.europarl.europa.eu/ep-live/en/committees/video?event=20130708-1430-COMMITTEE-ECON
no idea why forexfactory delete the data its not good if they delete it
this link is not working dear no any news about draghi speaks is issued on any site i check it many site like investing.com forexfactory also not label it or fxpro site no body tell its whats going on
better to sit out and wait... it can go in any direction...
  •  Guest
  • | IP XXX.XXX.105.44
draghi news will come after 30 mints. 6:30 of pakistan time
will speke on 930 right..
  •  Guest
  • | IP XXX.XXX.148.25
u never absorved one thing wn draghi talks on thursday there will be up and down movement remaining days wn he talk there will be no movement, so n o worries ay how eur/usd again come back to 1.2800
well its probably the speak is scheduled between those time in the calendar
If herds decide the position by reading these articles no wonder why 90% losses money keep doing the same things and be event driven instead on thinking independently you always lose money !!!!
Oanda are far from being the worst out there, in fact their guy Dean posts decent, straight forward analysis. But your "herd" as you perceive it doesn't move this market, retail accounts for less than 7% of the FX turnover. It's an accident of birth. Oh and some stats have retail FX failure as high as 99%, in as much as only one percent will make a living or regular income from FX trading. What's one percent of 7%?

Quoting Eagleprice
If herds decide the position by reading these articles no wonder why 90% losses money keep doing the same things and be event driven instead on thinking independently you always lose money !!!!
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
I refer "herds" to people who can't think independently simply being an event driven not analyzing what it is I am not stating anything about the article over here I am stating about the mentality of the people trying make easy money by reading the forms and articles for example take johnel who made first comment he states that he is willing to go short on this article not even thinking over the fact
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  • Story Stats
  • Posted: Jul 8, 2013 7:07am
  • Submitted by:
     OANDA
    Category: Fundamental Analysis
    Comments: 21  /  Views: 4,052