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  • ECB Said to Consider Mini Deposit-Rate Cut If More Easing Needed

    From bloomberg.com

    The European Central Bank is considering a smaller-than-normal cut in the deposit rate if officials decide to take it negative for the first time, according to two people with knowledge of the debate. Policy makers would reduce the rate for commercial lenders who park excess cash at the ECB to minus 0.1 percent from zero, said the people who declined to be identified because the talks aren’t public. It would be the first time the central bank has adjusted interest rates by less than a quarter of a percentage point. The concept, which has been discussed by Governing Council members, doesn’t yet have a consensus, ... (full story)

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  • Comment #1
  • Quote
  • Nov 20, 2013 10:23am Nov 20, 2013 10:23am
  •  enochben
  • Joined Dec 2007 | Status: a.k.a. the speculator | 109 Comments
that got the markets moving! lol!!!
 
 
  • Comment #2
  • Quote
  • Nov 20, 2013 10:23am Nov 20, 2013 10:23am
  •  Guest
  • | IP XX.XX.154.153
Oops.

Told you Europe cannot afford EUR above1.3500.
 
 
  • Comment #3
  • Quote
  • Nov 20, 2013 10:24am Nov 20, 2013 10:24am
  •  Jj1459
  • | Joined Apr 2012 | Status: Friend of trend! | 432 Comments
:-O
Ruined my GBP/USD profits
 
 
  • Comment #4
  • Quote
  • Nov 20, 2013 10:25am Nov 20, 2013 10:25am
  •  md_wins
  • | Joined Aug 2009 | Status: 1 YOH 3:22 | 37 Comments
what's a news!!
 
 
  • Comment #5
  • Quote
  • Nov 20, 2013 10:25am Nov 20, 2013 10:25am
  •  kami123123
  • | Joined Sep 2013 | Status: Member | 23 Comments
could some one explain it a little more
 
 
  • Comment #6
  • Quote
  • Nov 20, 2013 10:25am Nov 20, 2013 10:25am
  •  mrbandwidth
  • | Joined Feb 2010 | Status: Member | 185 Comments
Cheaters do cheat
Use me as a contrarian indicator
 
 
  • Comment #7
  • Quote
  • Nov 20, 2013 10:25am Nov 20, 2013 10:25am
  •  Kis Zoltan
  • | Joined Oct 2011 | Status: Member | 448 Comments
Market is once again missinterpret the ECB step, like rate cut, and like Praet's comments.

The truth is we are ALREADY early 90's style japanese deflation spiral and all of assets will drop 65-70%.

Gold shows the missed centralbank's policies, and the future way of assets.
 
 
  • Comment #8
  • Quote
  • Nov 20, 2013 10:27am Nov 20, 2013 10:27am
  •  Greener
  • | Joined Jan 2010 | Status: Member | 667 Comments
never understimate the bears, however gold is rising
 
 
  • Comment #9
  • Quote
  • Nov 20, 2013 10:28am Nov 20, 2013 10:28am
  •  Guest
  • | IP XX.XXX.219.206
euro got dumped on this, and if my theory is correct of a hawkish tone in the Minutes released later today...bye bye euro : )

A few self proclaimed "Europhiles" on here will not like what I believe is about to come, as I have said for some time now...the zone is a mess, US is improving. Taper on, USD rally on.


Let's see how we get on : )
 
 
  • Comment #10
  • Quote
  • Nov 20, 2013 10:28am Nov 20, 2013 10:28am
  •  enochben
  • Joined Dec 2007 | Status: a.k.a. the speculator | 109 Comments
Quoting kami123123
Disliked
could some one explain it a little more
Ignored
markets were churning. some central banker got bored and called his hedge fund country club mates and said - watch this! (oh yeah and get short the euro)...

:-)
 
 
  • Comment #11
  • Quote
  • Nov 20, 2013 10:29am Nov 20, 2013 10:29am
  •  GDR3k
  • Joined Mar 2011 | Status: Bullish Behavior | 225 Comments
W*nkers can't keep their mouths shut.
 
 
  • Comment #12
  • Quote
  • Nov 20, 2013 10:29am Nov 20, 2013 10:29am
  •  Loadedgun
  • | Membership Revoked | Joined Sep 2010 | 3678 Comments
Yup desperadoes - they are doing everything and anything to push the Euro down but that is not how it works - the market Monsieur -------------------------> gets to pull the rabbit out of the hat what a laugh at a scandal
 
 
  • Comment #13
  • Quote
  • Nov 20, 2013 10:29am Nov 20, 2013 10:29am
  •  dinksy
  • | Joined Jul 2010 | Status: Member | 107 Comments
why wait until now?I'm damn fu*king pissed.
 
 
  • Comment #14
  • Quote
  • Nov 20, 2013 10:30am Nov 20, 2013 10:30am
  •  daniel3d
  • | Joined Sep 2013 | Status: Member | 1 Comment
euro will go up again
 
 
  • Comment #15
  • Quote
  • Nov 20, 2013 10:34am Nov 20, 2013 10:34am
  •  Guest
  • | IP XX.XXX.36.159
Thank you .. Finally, I got on the right side of the trade for once!
 
 
  • Comment #16
  • Quote
  • Nov 20, 2013 10:34am Nov 20, 2013 10:34am
  •  Guest
  • | IP XXX.XXX.232.69
manipulation, it's time to buy euro again
 
 
  • Comment #17
  • Quote
  • Nov 20, 2013 10:34am Nov 20, 2013 10:34am
  •  enochben
  • Joined Dec 2007 | Status: a.k.a. the speculator | 109 Comments
Quoting daniel3d
Disliked
euro will go up again
Ignored
i agree. at some point in the future the euro will go up again. for the exact time subscribe to my psychic forex service. :-)
 
 
  • Comment #18
  • Quote
  • Nov 20, 2013 10:34am Nov 20, 2013 10:34am
  •  Pip Anon
  • Joined Jan 2013 | Status: Trading defies logic | 1796 Comments
Did this just pop the dollar?
When the facts change I change my mind, what do you do sir
 
 
  • Comment #19
  • Quote
  • Nov 20, 2013 10:35am Nov 20, 2013 10:35am
  •  Pip Anon
  • Joined Jan 2013 | Status: Trading defies logic | 1796 Comments
Quoting mrbandwidth
Disliked
Cheaters do cheat
Ignored
Who's cheating?
When the facts change I change my mind, what do you do sir
 
 
  • Comment #20
  • Quote
  • Nov 20, 2013 10:35am Nov 20, 2013 10:35am
  •  britc17
  • | Joined Dec 2008 | Status: Member | 7 Comments
This is the same thing the FED is doing. The FED is just a little more discreet about it.
 
 
  • Comment #21
  • Quote
  • Nov 20, 2013 10:37am Nov 20, 2013 10:37am
  •  Kis Zoltan
  • | Joined Oct 2011 | Status: Member | 448 Comments
Clear, wild, hard phase of currency war begins.
With a fragile lady on the floor..
 
 
  • Comment #22
  • Quote
  • Nov 20, 2013 10:37am Nov 20, 2013 10:37am
  •  Guest
  • | IP XXX.XXX.36.144
currency war
 
 
  • Comment #23
  • Quote
  • Nov 20, 2013 10:41am Nov 20, 2013 10:41am
  •  Guest
  • | IP XXX.XXX.2.135
Negative rate cut will boost Gold/Silver commodities.
 
 
  • Comment #24
  • Quote
  • Nov 20, 2013 10:45am Nov 20, 2013 10:45am
  •  Jgcole83
  • Joined Mar 2013 | Status: Fear and hope remain the same | 33 Comments
Quoting Pip Anon
Disliked
Did this just pop the dollar?
Ignored
Combination of this and Bullard saying December taper is possible.
"A true speculator tries the market small." - Jesse Livermore
 
 
  • Comment #25
  • Quote
  • Nov 20, 2013 10:46am Nov 20, 2013 10:46am
  •  JT4xPro
  • | Joined Nov 2012 | Status: Member | 21 Comments
Quoting Jj1459
Disliked
:-O
Ruined my GBP/USD profits
Ignored
ruined my EUR/USD minus !
 
 
  • Comment #26
  • Quote
  • Nov 20, 2013 10:51am Nov 20, 2013 10:51am
  •  klm2020
  • | Joined Aug 2013 | Status: Member | 95 Comments
Quoting Loadedgun
Disliked
Yup desperadoes - they are doing everything and anything to push the Euro down but that is not how it works - the market Monsieur -------------------------> gets to pull the rabbit out of the hat what a laugh at a scandal
Ignored
if it return back to 1.35 then it will be really something dirty
 
 
  • Comment #27
  • Quote
  • Nov 20, 2013 10:53am Nov 20, 2013 10:53am
  •  Guest
  • | IP XX.XX.239.85
Silly rabbit tricks are for kids...lol a lot of people just got duked!
 
 
  • Comment #28
  • Quote
  • Nov 20, 2013 10:55am Nov 20, 2013 10:55am
  •  Guest
  • | IP XXX.XXX.2.169
Quoting Jgcole83
Disliked
Combination of this and Bullard saying December taper is possible.
Ignored

Only if the December job data is outstanding. Let's see.
 
 
  • Comment #29
  • Quote
  • Nov 20, 2013 11:04am Nov 20, 2013 11:04am
  •  Forex Kong
  • | Commercial Member | Joined Feb 2013 | 301 Comments
Taper is not possible.

Stop thinking about, stop it......just stop it.

QE will be increased "dramatically" moving forward.
I'm short humanity, and long interplanetary travel. Forexkong.kom
 
 
  • Comment #30
  • Quote
  • Nov 20, 2013 11:09am Nov 20, 2013 11:09am
  •  Forex Kong
  • | Commercial Member | Joined Feb 2013 | 301 Comments
I generally post the real time trades via Twitter.
I'm short humanity, and long interplanetary travel. Forexkong.kom
 
 
  • Comment #31
  • Quote
  • Nov 20, 2013 11:11am Nov 20, 2013 11:11am
  •  Kis Zoltan
  • | Joined Oct 2011 | Status: Member | 448 Comments
Quoting Forex Kong
Disliked
Taper is not possible.

Stop thinking about, stop it......just stop it.

QE will be increased "dramatically" moving forward.
Ignored

That's right, but too late....We're now, at this moument to ask the last question:
Which currency the most important by the side of credit?That's not Chf, Eur or anything else...That's the USD.
 
 
  • Comment #32
  • Quote
  • Nov 20, 2013 11:13am Nov 20, 2013 11:13am
  •  Guest
  • | IP XX.XXX.219.206
Quoting Forex Kong
Disliked
Taper is not possible.

Stop thinking about, stop it......just stop it.

QE will be increased "dramatically" moving forward.
Ignored

Rubbish this. The metrics for the Taper are being justified as time goes on. I urge you to look beyond the biased hatred towards the US.

Cheap Fed money is only inflating equities as this point, and although the Fed haven't blatantly said there is an equity bubble (which would devastate investors), many Fed members have mentioned the idea of a Taper coming sooner than later is a cue to me, especially now that we are reading headlines of Dovish Members saying a Taper is possible.

let's see how we get on : ) everyone can have an opinion.
 
 
  • Comment #33
  • Quote
  • Nov 20, 2013 11:17am Nov 20, 2013 11:17am
  •  Forex Kong
  • | Commercial Member | Joined Feb 2013 | 301 Comments
You'll have to take into consideration that "the move away from USD" has been on for some time now.

With China striking deal after deal to trade goods "outside the USD" it's really only a matter of time before USD takes a much larger hit.

Plus it's the Fed's sole aim, as to continue printing, so it can continue to lend to the U.S Governement and continue to profit.

The plain fact of the matter is -the entire planet sees the writing on the wall for the future of the U.S - and many countries are taking measures to protect themselves now.

The Fed is painted into a corner, and can't stop printing - only to have the "printing" lead to larger scale disaster.
I'm short humanity, and long interplanetary travel. Forexkong.kom
 
 
  • Comment #34
  • Quote
  • Nov 20, 2013 11:19am Nov 20, 2013 11:19am
  •  bd pips
  • | Joined Oct 2012 | Status: Member | 82 Comments | Online Now
dont worry , uncle BEN coming tonight with his magic solution and eur will frat & as newtons 3rd law eur will fly
 
 
  • Comment #35
  • Quote
  • Nov 20, 2013 11:20am Nov 20, 2013 11:20am
  •  Exodus
  • Joined May 2012 | Status: CoC'd again ! | 4733 Comments
Quoting Forex Kong
Disliked
Taper is not possible.

Stop thinking about, stop it......just stop it.

QE will be increased "dramatically" moving forward.
Ignored
The first time anybody from the FOMC even hints at more QE the dollar will crash.
Carbon-Dioxide: the gas of life!
 
 
  • Comment #36
  • Quote
  • Nov 20, 2013 11:24am Nov 20, 2013 11:24am
  •  Forex Kong
  • | Commercial Member | Joined Feb 2013 | 301 Comments
Japan is set to hit the button again in April, and the ECB is now "chatting all it can" as to continue easing.

"Tapering" falls into the "contraction" camp - and makes absolutely no sense at all , considering that everyone else is set to "up the anty".

There is not a chance in a million years that the U.S will give up the race for the bottom full well knowing Japan can print forever.

Impossible.

Opinions are great....that's what these forums are for!
I'm short humanity, and long interplanetary travel. Forexkong.kom
 
 
  • Comment #37
  • Quote
  • Nov 20, 2013 11:26am Nov 20, 2013 11:26am
  •  Forex Kong
  • | Commercial Member | Joined Feb 2013 | 301 Comments
That's the idea!

To crash the U.S Dollar - you don't see that?

The debt load diminished, bonds stay afloat etc........

The entire "premise" surrounding QE is to devalue currency and make exports more appealing.

That's the intent guys.........to reduce the U.S dollar as much as possible.
I'm short humanity, and long interplanetary travel. Forexkong.kom
 
 
  • Comment #38
  • Quote
  • Nov 20, 2013 11:30am Nov 20, 2013 11:30am
  •  Exodus
  • Joined May 2012 | Status: CoC'd again ! | 4733 Comments
I know that is the aim, it is just that the whole market is waiting for taper. The instant somebody even thinks out loud that more QE is on the cards that will catch the market off-guard. A bit like when the SNB suddenly said 1-CHF is worth 1.20-Euro.
Carbon-Dioxide: the gas of life!
 
 
  • Comment #39
  • Quote
  • Nov 20, 2013 11:33am Nov 20, 2013 11:33am
  •  Forex Kong
  • | Commercial Member | Joined Feb 2013 | 301 Comments
If I'm looking to start a new airline here in Mexico.....and need to buy 10 airplanes at an average cost of 350 million USD per plane....

Then I check out the exchange rate and realize I can buy equally "well made planes" from Airbus for a converted price of - 70 million dollars ( just a random example ) less

Where do you think I'm likely to shop / buy?

This is the root of currency devaluation, as "no country" WANTS a higher currency.

Kill the currency and encourge global "shoppers" to come and buy your products and services - as they "feel" they get a better deal via currency conversion.
I'm short humanity, and long interplanetary travel. Forexkong.kom
 
 
  • Comment #40
  • Quote
  • Nov 20, 2013 11:33am Nov 20, 2013 11:33am
  •  Jgcole83
  • Joined Mar 2013 | Status: Fear and hope remain the same | 33 Comments
If, ifs and buts where candy's and nuts we'd all have a merry Christmas.
"A true speculator tries the market small." - Jesse Livermore
 
 
  • Comment #41
  • Quote
  • Nov 20, 2013 11:35am Nov 20, 2013 11:35am
  •  Forex Kong
  • | Commercial Member | Joined Feb 2013 | 301 Comments
Retail traders will get caught no question - but then...that makes sense as the majority of them have ne real understanding of how this all works anyway.

If you're watching the media / headlines talking about taper.....that's about as "retail" as it gets.

Turn off your T.V - and see about improving your Forex skills.
I'm short humanity, and long interplanetary travel. Forexkong.kom
 
 
  • Comment #42
  • Quote
  • Nov 20, 2013 11:39am Nov 20, 2013 11:39am
  •  frx_trader
  • | Joined Jun 2012 | Status: Analyst | 3129 Comments
This was what happened before this news.

Euro dropped vs The Swedish Krona. But USD dropped vs Swedish Krona. And Euro went up vs USD.

I was not aware of this news. Then in less than a minute and after Euro dropped vs USD. And USD went up vs Swedish Krona. Swedish Krona traded in range vs Euro.
 
 
  • Comment #43
  • Quote
  • Nov 20, 2013 11:42am Nov 20, 2013 11:42am
  •  Guest
  • | IP XX.XX.224.103
Of course ECB will mini cut on top of the regular cut and in the end maybe do its own QE infinity. They have reached a point they must provide an ample reason for where they find all those loads of euros they sell at once.
 
 
  • Comment #44
  • Quote
  • Nov 20, 2013 11:46am Nov 20, 2013 11:46am
  •  kami123123
  • | Joined Sep 2013 | Status: Member | 23 Comments
Quoting Forex Kong
Disliked
Retail traders will get caught no question - but then...that makes sense as the majority of them have ne real understanding of how this all works anyway.

If you're watching the media / headlines talking about taper.....that's about as "retail" as it gets.

Turn off your T.V - and see about improving your Forex skills.
Ignored
100% true and that is why a country devalues its own currency to get more exports. good post (forex kong) keep sharing your knowledge and exp with us.
 
 
  • Comment #45
  • Quote
  • Nov 20, 2013 11:49am Nov 20, 2013 11:49am
  •  uncletrumpet
  • | Joined May 2007 | Status: Omo 9ja | 37 Comments
Just as i had thought...the ecb is still dovish....my short has been on for 48hours.
 
 
  • Comment #46
  • Quote
  • Nov 20, 2013 11:52am Nov 20, 2013 11:52am
  •  Forex Kong
  • | Commercial Member | Joined Feb 2013 | 301 Comments
Thanks Kami - glad I can pass on some helpful tips.
I'm short humanity, and long interplanetary travel. Forexkong.kom
 
 
  • Comment #47
  • Quote
  • Nov 20, 2013 12:22pm Nov 20, 2013 12:22pm
  •  Guest
  • | IP XXX.XXX.108.219
Euro is still down till 1.33
its a currency war...and more than 1.35 hurts eurozone so i sugest sell more euro....and euro future for coming days are down enjoy the rally...kids
 
 
  • Comment #48
  • Quote
  • Nov 20, 2013 12:59pm Nov 20, 2013 12:59pm
  •  Loadedgun
  • | Membership Revoked | Joined Sep 2010 | 3678 Comments
Quoting klm2020
Disliked
if it return back to 1.35 then it will be really something dirty
Ignored
Actually it is a healthy sign - by the market - because here is where we call their bluff (which is why I say news and events are fluctutuants - nothing to worry about if you have the cash) - on lift off from here we crossing over all the bridges they got until they deliver something concrete that truly makes it not worth our while to buy. So you watch the next episode in the slaughter of the ECB - and that is not part of the script written by the ECB --------------------------0000000----------------> Good Morning Nice One!

To really trade sir you got to ignore fundamentals or one day you will become toast: Good Morning again.
 
 
  • Comment #49
  • Quote
  • Nov 20, 2013 1:14pm Nov 20, 2013 1:14pm
  •  CoolJL
  • | Joined May 2011 | Status: Member | 811 Comments
ECB and FEDS seems to be on a seasaw at the moment.
 
 
  • Comment #50
  • Quote
  • Nov 20, 2013 1:23pm Nov 20, 2013 1:23pm
  •  BobGnarly
  • | Commercial Member | Joined Mar 2012 | 23 Comments
Next stop, Parity!
Want the lifestyle of the top traders in the world? TAKE RISK.
 
 
  • Comment #51
  • Quote
  • Nov 20, 2013 1:31pm Nov 20, 2013 1:31pm
  •  Forex Kong
  • | Commercial Member | Joined Feb 2013 | 301 Comments
They are the two most widely held reserves on the planet - making trading EUR/USD a generally "uninteresting" pair.

Much larger and more fundamental based trades can be made when trading a safe haven currency "vs" a risk related currency.

Money flows back n fourth between EUR and USD on so many levels - the trading of EUR/USD offers very little compared to pair such as AUD/JPY for example.
I'm short humanity, and long interplanetary travel. Forexkong.kom
 
 
  • Comment #52
  • Quote
  • Nov 20, 2013 1:38pm Nov 20, 2013 1:38pm
  •  Guest
  • | IP XX.XX.176.62
next stop babylon by bus. get ready for the fed. if u afraid, don't trade. I'm not afraid. the fed won't even put up a punch.
 
 
  • Comment #53
  • Quote
  • Nov 20, 2013 1:59pm Nov 20, 2013 1:59pm
  •  frx_trader
  • | Joined Jun 2012 | Status: Analyst | 3129 Comments
Is this coincident with FOMC statement?
 
 
  • Comment #54
  • Quote
  • Nov 20, 2013 2:08pm Nov 20, 2013 2:08pm
  •  CoolJL
  • | Joined May 2011 | Status: Member | 811 Comments
Just a question, if everyone start easing then what would be the net effect?
 
 
  • Comment #55
  • Quote
  • Edited Nov 21, 2013 2:43am Nov 20, 2013 2:36pm | Edited Nov 21, 2013 2:43am
  •  Loadedgun
  • | Membership Revoked | Joined Sep 2010 | 3678 Comments
Quoting CoolJL
Disliked
Just a question, if everyone start easing then what would be the net effect?
Ignored
Then everyone will be at ease since really the point of easing is to make it as easy as possible to get along easily with everyone else ------------------------->

Now that is a fact (in the colloquial sense) however we know (in the colloquial sense) that people never get along very well for long ---------------------> so things fall apart and the center cannot hold ---------------------> mere anarchy is loosened upon the earth and therefore the need to track all currencies as chaotic variables (in the colloquial sense) what a laugh at a scandal
 
 
  • Comment #56
  • Quote
  • Nov 20, 2013 2:42pm Nov 20, 2013 2:42pm
  •  CoolJL
  • | Joined May 2011 | Status: Member | 811 Comments
Quoting Loadedgun
Disliked
Then everyone will be at ease since really the point of easing is to make it as easy as possible to get along easily with everyone else ------------------------->
Ignored

I, somehow, don't think everyone will be at ease at any point in time, ever.
 
 
  • Comment #57
  • Quote
  • Nov 20, 2013 3:23pm Nov 20, 2013 3:23pm
  •  Exodus
  • Joined May 2012 | Status: CoC'd again ! | 4733 Comments
Quoting CoolJL
Disliked
Just a question, if everyone start easing then what would be the net effect?
Ignored
About what we have now, except that the ECB would join-in and shove up EZ stocks as the Euro declined; ....so probably all the other QE'ers would step up a gear. Which brings me back to where I started - about what we have now!
Carbon-Dioxide: the gas of life!
 
 
  • Comment #58
  • Quote
  • Nov 20, 2013 4:48pm Nov 20, 2013 4:48pm
  •  FxPositive
  • | Commercial Member | Joined Oct 2013 | 23 Comments
This should make for an interesting ECB press conference in Dec. I am expecting huge volatility movements when during Q&A session, when the reporters ask Draghi about the negative deposit rate.
Increasing Your Trading Success
 
 
  • Comment #59
  • Quote
  • Nov 20, 2013 5:41pm Nov 20, 2013 5:41pm
  •  Guest
  • | IP XX.XXX.120.112
The ECB is finally seeing that the Euro has always been too high. The Euro would be perfectly comfortable between 1.10 and 1.25 - it would be better for EZ's economies as a whole and it would give the Euro room to breed in case the US pulls something to devalue the Dollar (which it's always doing since some years ago)... But the ECB (and specially Germany??) seems to think a good/balanced rate is around 1.30+ and then the US does its "game" and the Euro gets imediatly "too high" from one day to another.

If only this well-paid-economists-that-run-the-show could think...

Quoting CoolJL
Disliked
Just a question, if everyone start easing then what would be the net effect?
Ignored
The money will start to be recognized as the thing it really is but no one as been wanting to aknowledge: toilet paper!
 
 
  • Comment #60
  • Quote
  • Nov 21, 2013 2:31am Nov 21, 2013 2:31am
  •  Loadedgun
  • | Membership Revoked | Joined Sep 2010 | 3678 Comments
Quoting Guest
Disliked
The ECB is finally seeing that the Euro has always been too high. The Euro would be perfectly comfortable between 1.10 and 1.25 - it would be better for EZ's economies as a whole and it would give the Euro room to breed in case the US pulls something to devalue the Dollar (which it's always doing since some years ago)... But the ECB (and specially Germany??) seems to think a good/balanced rate is around 1.30+ and then the US does its "game" and the Euro gets imediatly "too high" from one day to another.

If only this well-paid-economists-that-run-the-show...
Ignored
Good Morning ------------------------> But what is the thesis here?----------------------> That the ECB controls the rate? Or that they set the interest rate, supply etc and the market decides the rest? In your attempt to sound wise and rational "ECB is finally seeing...." "if only this well-paid-econonmists..." do you realize how silly you then come across ---------------------> I mean totally ignorant. So you think that all that is required is for the ECB to "see" and the well-paid-eocnomists to "think"? That is all? Well Good Morning again what a laugh

BTW: Please keep tracking a rising Euro until YOU start to see and start to think -----------------------------> No further comments.
 
 
  • Comment #61
  • Quote
  • Nov 21, 2013 2:53am Nov 21, 2013 2:53am
  •  Loadedgun
  • | Membership Revoked | Joined Sep 2010 | 3678 Comments
The problem is _______-----------------------> you need to know more than the heuristics implied by the trite application in the Forex called fundamental "analysis?" (it is no analysis at all). Frankly it is only good for conversations about fluctuants in a trend (dinner type exchanges by male show offs around females ala mating calls) -->and therefore good for nothing not even day trades.

Now what a laugh (since the original idea was to track the long-run) -----------------> but clearly its ineptness as a discipline has left it where it started -------------------------------------------------------------> a useless article indeed what a laugh at a scandal.

BTW: You only sound intelligent with fundamentals when you are talking to yourself never when your are talking to others. a word is enough for the wise
 
 
  • Comment #62
  • Quote
  • Nov 21, 2013 4:13am Nov 21, 2013 4:13am
  •  Guest
  • | IP XXX.XXX.204.20
Following your advice mr loaded gun I'm still holding my longs since 13800 like you said, when can we expect a bullish trend to 14400 like you said? Thank you


Quoting Loadedgun
Disliked
Good Morning ------------------------> But what is the thesis here?----------------------> That the ECB controls the rate? Or that they set the interest rate, supply etc and the market decides the rest? In your attempt to sound wise and rational "ECB is finally seeing...." "if only this well-paid-econonmists..." do you realize how silly you then come across ---------------------> I mean totally ignorant. So you think that all that is required is for the ECB to "see" and the well-paid-eocnomists to "think"? That is all? Well Good Morning again ...
Ignored
 
 
  • Comment #63
  • Quote
  • Nov 21, 2013 4:17am Nov 21, 2013 4:17am
  •  111ForexGuru
  • | Commercial Member | Joined Nov 2013 | 259 Comments
ECB seems desperate to stop the strengthening of Euro. They are applying all policy changes to stop EURUSD from breaching 1.4000.Going by historical knowledge and past experience , no matter who say what ,we know that tapering is definitely not happening this December. Traders with long position need to be patient and manage your money and we will see 1.4000 by December end.
Leaders don't do different things, but they do the same things differently.
 
 
  • Comment #64
  • Quote
  • Nov 21, 2013 4:27am Nov 21, 2013 4:27am
  •  111ForexGuru
  • | Commercial Member | Joined Nov 2013 | 259 Comments
This is a very good sign for strong Euro. It proves that European Banks have much more depositors than creditors and hence they want to reduce their burden of overloaded vaults with no maintenance fee paid by depositors. Since depositors were still adamant of keeping money with banks even after 0% interest being paid they are now being discouraged with negative interest rates. People will now invest their money elsewhere instead of parking it with a European Bank. No matter what policy change is implemented , Euro will still go up.
Leaders don't do different things, but they do the same things differently.
 
 
  • Comment #65
  • Quote
  • Nov 21, 2013 4:42am Nov 21, 2013 4:42am
  •  Guest
  • | IP XXX.XXX.157.209
Quoting Guest
Disliked
Following your advice mr loaded gun I'm still holding my longs since 13800 like you said, when can we expect a bullish trend to 14400 like you said? Thank you
Ignored
Yes, I would like to know also.
I bought at 1.37 like he suggested and am really suffering.

In so much drawdown and stress
 
 
  • Comment #66
  • Quote
  • Nov 21, 2013 4:55am Nov 21, 2013 4:55am
  •  Exodus
  • Joined May 2012 | Status: CoC'd again ! | 4733 Comments
Quoting Guest
Disliked
Following your advice mr loaded gun I'm still holding my longs since 13800 like you said, when can we expect a bullish trend to 14400 like you said? Thank you
Ignored
Carbon-Dioxide: the gas of life!
 
 
  • Comment #67
  • Quote
  • Nov 21, 2013 5:03am Nov 21, 2013 5:03am
  •  Guest
  • | IP XXX.XXX.204.20
So do you think I should just stay with my long trade, nearly 400 pips down? Like mr Jaygee said "price always comes back"? Bit nervous here as mr loaded gun wasn't around for a while.


Quoting Spreadbetter
Disliked
Don't you worry, Loaded Up has a plan, he's the ultimate graveyard Doji "given the responsibility by god of protecting the sacred holy grail with his disciples". Just follow his advice and you can't go wrong...
Ignored
 
 
  • Comment #68
  • Quote
  • Nov 21, 2013 5:32am Nov 21, 2013 5:32am
  •  Loadedgun
  • | Membership Revoked | Joined Sep 2010 | 3678 Comments
Quoting 111ForexGuru
Disliked
This is a very good sign for strong Euro. It proves that European Banks have much more depositors than creditors and hence they want to reduce their burden of overloaded vaults with no maintenance fee paid by depositors. Since depositors were still adamant of keeping money with banks even after 0% interest being paid they are now being discouraged with negative interest rates. People will now invest their money elsewhere instead of parking it with a European Bank. No matter what policy change is implemented , Euro will still go up.
Ignored
Tell them bro ---------------------------> with kind regards and as I have been saying it is the market that gets to pull the rabbit out of the hat
 
 
  • Comment #69
  • Quote
  • Nov 21, 2013 5:51am Nov 21, 2013 5:51am
  •  Spreadbetter
  • | Membership Revoked | Joined Feb 2012 | 3235 Comments
Ya think? Let's know how that works out for you.


Quoting 111ForexGuru
Disliked
This is a very good sign for strong Euro. It proves that European Banks have much more depositors than creditors and hence they want to reduce their burden of overloaded vaults with no maintenance fee paid by depositors. Since depositors were still adamant of keeping money with banks even after 0% interest being paid they are now being discouraged with negative interest rates. People will now invest their money elsewhere instead of parking it with a European Bank. No matter what policy change is implemented , Euro will still go up.
Ignored
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
 
 
  • Comment #70
  • Quote
  • Nov 21, 2013 6:04am Nov 21, 2013 6:04am
  •  Spreadbetter
  • | Membership Revoked | Joined Feb 2012 | 3235 Comments
It's so amusing to read such bold statements from the inexperienced backed up by no other explanation other than misplaced beliefs. None of us can predict (with any degree of certainty) what price will do next, the best we can do is follow price. The quicker you accept that the sooner you'll become profitable. Screeching out that "we'll see 1.4000 before the year is out" is ridiculous, the finest traders supported by the best quants using real state of the art platforms in a real market can't make those calls.

The fact that your bizarre claims are supported by the forum troll speaks volumes, whether a sock puppet or delusional you're still talking rubbish.

Quoting 111ForexGuru
Disliked
They are applying all policy changes to stop EURUSD from breaching 1.4000. Going by historical knowledge and past experience, no matter who say what, we know that traders with long position need to be patient and manage your money and we will see 1.4000 by December end.
Ignored
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
 
 
  • Comment #71
  • Quote
  • Nov 21, 2013 6:19am Nov 21, 2013 6:19am
  •  Loadedgun
  • | Membership Revoked | Joined Sep 2010 | 3678 Comments
Quoting Guest
Disliked

I think he means this trading advice from you mr Loaded Gun as price retraced from 1.3831
Ignored
hahaaha ---------------------> nice try but quote the thread directly so others can visit and I will slaughter you completely in a sec.
 
 
  • Comment #72
  • Quote
  • Nov 21, 2013 6:44am Nov 21, 2013 6:44am
  •  Guest
  • | IP XXX.XXX.157.209
Quoting Loadedgun
Disliked
hahaaha ---------------------> nice try but quote the thread directly so others can visit and I will slaughter you completely in a sec.
Ignored
Hi Loaded Gun, I apologise, here it is the thread.

http://www.forexfactory.com/news.php?do=news&id=455009#post7061205


You did have a 200 pip stop as per post #1, so my bad, I must have missed that portion of your trade call.

I did notice in post #36 that you seriously doubted by your modelling that we would reach as low as 1.3372 and this gave me hope, so I held the trade.

Again, my mistake as I should probably just learn to follow my own trading ideas.

The very short daily candles at the fib number were hints of a fall in the Euro, but I trusted your confidence and near certainty of it going up and I got confused.
 
 
  • Comment #73
  • Quote
  • Nov 21, 2013 6:53am Nov 21, 2013 6:53am
  •  Guest
  • | IP XXX.XXX.157.209
Quoting Spreadbetter
Disliked
Hope you didn't pay him for that advice, he's the most clueless trader out of FF's hundreds of thousands of registered users, some claim to fame eh? The only troll and the most useless trader on the globe's biggest trading forum.
Ignored
If it goes to 1.44, I will trust him but it seems very hard right now.
The market does not look like it will go there and just keeps going down
 
 
  • Comment #74
  • Quote
  • Nov 21, 2013 7:19am Nov 21, 2013 7:19am
  •  Loadedgun
  • | Membership Revoked | Joined Sep 2010 | 3678 Comments
Quoting Guest
Disliked
Hi Loaded Gun, I apologise, here it is the thread.

http://www.forexfactory.com/news.php...09#post7061205


Again, my mistake as I should probably just learn to follow my own trading ideas.

The very short daily candles at the fib number were hints of a fall in the Euro, but I trusted your confidence and near certainty of it going up and I got confused.
Ignored
Well this is what the context is ---------------------> http://www.forexfactory.com/news.php?do=news&id=453370#post7037627 as you can see your mistakes were more profound than you thought. And as you might note from this a) we got to target number 1 and b) we will get to target number 2 (1.40/1.44). Please read and indicate any further objections you might have? what a mutt

BTW:Some of this has to do with the fact a) that I expect everyone using my calls to use first and foremost their trading judgement and as it relates to their trading styles and risk tolerances b) chaos deals in dynamics and it is always tough to communicate with traders who are rooted in the trite disciplines ---------> hence some of your confusion. Take the final number and work out by yourself how you want to get there. That is the way of doji's --------------> but of course am I the Darkdoji or what?
 
 
  • Comment #75
  • Quote
  • Nov 21, 2013 7:22am Nov 21, 2013 7:22am
  •  Exodus
  • Joined May 2012 | Status: CoC'd again ! | 4733 Comments
Quoting Guest
Disliked
If it goes to 1.44, I will trust him but it seems very hard right now.
The market does not look like it will go there and just keeps going down
Ignored
< soto voce > It is your money, make your own calls.
Carbon-Dioxide: the gas of life!
 
 
  • Comment #76
  • Quote
  • Nov 21, 2013 7:28am Nov 21, 2013 7:28am
  •  Bilstein
  • Joined Mar 2010 | Status: Moved to futures | 27 Comments
How does one rationalize holding a trade that's 400+ points in the negative? I mean, even if my long-term objective was, oh, let's say 1.44 - I'd rather get stopped out of multiple attempts to buy than sit on a giant loss. Heck, you could have bought:

1.37 with a 75 point stop.. (would have been stopped: -75 points)
1.36 with a 75 point stop.. (would have been stopped: -150 points)
1.35 with a 75 point stop.. (would have been stopped: -225 points)
1.34 with a 75 point stop.. (would have been stopped: -300 points)
1.33 with a 75 point stop.. (would be up 155 points right now: -145 points[net])

and STILL not be doing as poorly. That's doing no analysis whatsoever, just buying major handles as the price falls with an objective of 1.44.

No wonder this stuff is so hard for people..
 
 
  • Comment #77
  • Quote
  • Nov 21, 2013 6:05pm Nov 21, 2013 6:05pm
  •  Spreadbetter
  • | Membership Revoked | Joined Feb 2012 | 3235 Comments
It's impossible to rationalise with an unhinged mentality. He's in a world of his own but his credibility is that low now that he's regarded as a laughing stock. So mission accomplished, no matter how long he lurks or how many times he stinks the place out he'll be ridiculed.

Quoting Bilstein
Disliked
How does one rationalize holding a trade that's 400+ points in the negative? I mean, even if my long-term objective was, oh, let's say 1.44 - I'd rather get stopped out of multiple attempts to buy than sit on a giant loss. Heck, you could have bought:

1.37 with a 75 point stop.. (would have been stopped: -75 points)
1.36 with a 75 point stop.. (would have been stopped: -150 points)
1.35 with a 75 point stop.. (would have been stopped: -225 points)
1.34 with a 75 point stop.. (would have been stopped: -300 points)
1.33 with a 75 point stop.....
Ignored
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
 
 
  • Comment #78
  • Quote
  • Nov 22, 2013 8:29am Nov 22, 2013 8:29am
  •  Bilstein
  • Joined Mar 2010 | Status: Moved to futures | 27 Comments
Heck, to further illustrate my point, here's an update:

1.37 with a 75 point stop.. (would have been stopped: -75 points)
1.36 with a 75 point stop.. (would have been stopped: -150 points)
1.35 with a 75 point stop.. (would have been stopped: -225 points)
1.34 with a 75 point stop.. (would have been stopped: -300 points)
1.33 with a 75 point stop.. (would be up 215 points right now: -83 points[net])

In contrast, if a trader bought at 1.38 (for argument's sake) and still holding it, he or she'd be down 279 points (roughly). I get the fact that it's an "unrealized" loss. But even compared to the above scenario, the "unrealized" loss of the entire "1.44 objective" is still only -83(roughly) points. Just buying major handles, no real thought behind it, lol.

I mean, I'm not going to knock a 1.44 objective. If that's where a trader thinks the price is going than so be it. But that doesn't justify holding on to such a massive loss. There's no flexibility with it. The trader is stuck with it. At what point is the trader willing to say "enough is enough" and accept the loss. Heck, consider the positive outcome:

Price makes it's way to 1.44 in an overwhelming recovery.

a) By going long at 1.38 and praying for price to come up, the trader made: 600 points.
b) By going long at 1.33 with the same objective, made: 1,100 points, discounting the 300 points lost in the multiple attempts: 800 points net.

STILL better results.

Sorry Spread, I couldn't help it. If there's anything I learned doing this stuff it's that prayer belongs in church, not in trading.
 
 
  • Comment #79
  • Quote
  • Nov 27, 2013 5:59am Nov 27, 2013 5:59am
  •  111ForexGuru
  • | Commercial Member | Joined Nov 2013 | 259 Comments
Quoting Spreadbetter
Disliked
Hope you didn't pay him for that advice, he's the most clueless trader out of FF's hundreds of thousands of registered users, some claim to fame eh? The only troll and the most useless trader on the globe's biggest trading forum. {quote}
Ignored
Success is not proved by words alone. Success and profits should be proved with actual numbers and data to back up claims.
The opinion of many supposedly old and very experienced, successful and profitable traders (their words) here who claim to be experts on currency movement labelled me as being clueless and also I might be a paid blogger of THE GREAT EXPERT LG .
I know LG via FF after I started commenting. Its just been about a week.

Check post #2
http://www.forexfactory.com/news.php?do=news&id=458444

Today we have reached the first target of GBPUSD 1.6300 as I had suggested.

My trading skills are far more superior to my debating skills.
Let the newbies decide who knows more about forex after verifying data rather than trying to prove it just by our own words.
Leaders don't do different things, but they do the same things differently.
 
 
  • Comment #80
  • Quote
  • Mar 16, 2014 4:28pm Mar 16, 2014 4:28pm
  •  kami123123
  • | Joined Sep 2013 | Status: Member | 23 Comments
Quoting enochben
Disliked
markets were churning. some central banker got bored and called his hedge fund country club mates and said - watch this! (oh yeah and get short the euro)...

:-)
Ignored
thank you
 
 
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  • Story Stats
  • Posted: Nov 20, 2013 10:20am
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    Category: High Impact Breaking News
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