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- stewi3 replied Jun 2, 2015
No, I'm going to add more on a pullback though. I'm holding until 1.14xx at least depending on how things develop on the ground. You?
- stewi3 replied Jun 2, 2015
Also, I'd advise you to spend time finding better sources of information rather than trying to learn anything from here.
- stewi3 replied Jun 2, 2015
I'm an MBA w/ a focus in finance and investment banking, and trust me when I say that the market always surprises me to this day. That being said there are much larger forces at play behind the scenes you and I are not privy to, but the general ...
- stewi3 replied Jun 2, 2015
That's not necessarily true. As a previous poster pointed out, bunds are taking a nose-dive <--- this is NOT driven by spot EUR/USD Quite the contrary.
- stewi3 replied Jun 2, 2015
I beg to differ. The EUR is up across the board, not just against the dollar.
- stewi3 replied Jun 2, 2015
I don't think so. The Fed is poised to raise rates, probably September, even though the markets are pricing in Jan 2016. The EU inflation numbers are the culprit I suspect. Managing inflation is the ECB's mandate. And as we've seen over the past ...
- stewi3 replied Jun 2, 2015
Hello everyone, Long time lurker, first time poster. Here's my daily chart. Long at 1.1075 and will be nimble with my position. I see potential for a large move up regardless of what the NFP numbers turn out to be. Consolidation likely around 1.12xx ...
- stewi3 replied Jun 2, 2015
To answer your question, I trade to make profit and to learn. Full disclosure, I took a hit this morning on a EUR/AUD short that I was very confident in. The market gives and the market takes, but what I can take also are valuable lessons. I've been ...
- stewi3 replied Jun 2, 2015
It's less the prospects of the deal and more core inflation rising for the first time in 6 months. Greece is just noise that this point that's dominating the headlines. The headline "Greece close to a deal" attracts more eyes (ad revenue) than ...
- stewi3 replied Jun 2, 2015
Most of the euro's declines can be attributed to QE sure. But, if you look at the USD/JPY, the yen depreciated steadily up until the start of QE, but remained relatively flat once QE started. I think there are some parallels that can be drawn from ...
- stewi3 replied Jun 2, 2015
Indeed. Oops, I was confused. Please excuse.
- stewi3 replied Jun 2, 2015
I'm pretty sure the dude suspended himself to give himself a way out to hide his losing trade.
- stewi3 replied May 30, 2015
Thanks for the pro tip. I'm assuming you've opened a long position; what's your entry and exits if you don't mind me asking? TIA
- stewi3 replied May 25, 2015
Hey man, nice to meet you too. I enjoy reading well-reasoned, logical posts on FF, so kudos Yeah these markets have been tricky lately. But I suppose they always are I agree the euro may potentially head lower across the board. I was tempted ...
- stewi3 replied May 25, 2015
I'm curious as to why you are trying to pick a bottom. The euro is at the very least neutral, leaning towards bearish. Can you provide some insight into why you're bullish?
- stewi3 replied May 23, 2015
I enjoy reading your posts, even though I think you may be off re the euro in the near term Do you put equal weight in fundamentals or do you primarily rely on technicals for your analyses? Have a good workout; I know what it's like to fall off ...
- stewi3 replied May 23, 2015
Sorry to hear mate. I was actually in a similar place last week with a floating loss of about -$5.2k. The only difference was that my account is twice the size of yours. Long story short, rather than close my trades, I decided to fund my account ...
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