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  • Post #708,781
  • Quote
  • Oct 17, 2012 9:51am Oct 17, 2012 9:51am
  •  21vs7
  • Joined Dec 2010 | Status: Foook Bollinger-dr.Kegel knows! | 9,719 Posts
Quoting mohan76
Disliked
buying power still there option expire in 15m , i have my mind open for 3170. i am not going to touch eu today
Ignored
If proper hunt then we gonna spike before laandan close somewhere...

atm at BE on 3127 and I regret havent closed the bastard at 05 there!
 
 
  • Post #708,782
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  • Oct 17, 2012 9:51am Oct 17, 2012 9:51am
  •  kuroro001
  • Joined Jul 2007 | Status: Member | 17,772 Posts
Quoting mohan76
Disliked
buying power still there option expire in 15m , i have my mind open for 3170. i am not going to touch eu today
Ignored
I'd rather see 1,3070 first to buy it.
But EU is bouncing off nothing...it's being in the middle of nowhere today.

No point trading it
COT: The precious data ignored
 
 
  • Post #708,783
  • Quote
  • Oct 17, 2012 9:51am Oct 17, 2012 9:51am
  •  Vachus
  • | Membership Revoked | Joined Jul 2012 | 4,197 Posts
Quoting MaxDoom
Disliked
he must be selling like crazy now then
Ignored
Max, their is no selling before Asia opens tonight / or tomorrow ... everytime it dips , they bought it all of the bottom !

Their are playing with people and wipsawing their accounts - in what days , price was moving between resistance levels like crossing an empty halls.
"It's the Margin, Stupid."
 
 
  • Post #708,784
  • Quote
  • Oct 17, 2012 9:53am Oct 17, 2012 9:53am
  •  forexings
  • | Joined Sep 2009 | Status: Membership Revokеd | 4,396 Posts
EU leader's mouth trying to unset bearish strength part by part as extreme overbought conditioned bull cannot break it along. It's cheating....
You cannot learn better without losing
 
 
  • Post #708,785
  • Quote
  • Oct 17, 2012 9:54am Oct 17, 2012 9:54am
  •  Magicmen
  • Joined Sep 2012 | Status: Member | 2,810 Posts
HSBC analyst predicted eur will reach 1.35 - My broker flashed msg
 
 
  • Post #708,786
  • Quote
  • Oct 17, 2012 9:54am Oct 17, 2012 9:54am
  •  MaxDoom
  • | Commercial Member | Joined Feb 2010 | 13,255 Posts
Quoting Vachus
Disliked
He actually said it , " Euro will reach 1.30 , don't short the Euro .. " He said these specific words in the press conference
Ignored
Question: About the timing, must the government move first? Must it activate the EFSF and the ESM in the bond market and only then the ECB may act?

Second, what is the real meaning of the statement that the euro is irreversible?

Draghi: The first point is very important because we want to repair monetary policy transmission channels and we clearly see a risk, and I mean the convertibility premium in some interest rates. But the Governing Council knows that monetary policy would not be enough to achieve these objectives unless there is also action by the governments. If there are substantial and continuing disequilibria and imbalances in current accounts, in fiscal deficits, in prices and in competitiveness, monetary policy cannot fill this vacuum of lack of action. That is why conditionality is essential. But the counterparty in this conditionality is going to be the EFSF. Action by the governments at the euro area level is just as essential for repairing monetary policy transmission channels as is appropriate action on our side. That is the reason for having this conditionality.

As regards your second point, irreversibility means that it cannot be reversed. There is no going back to the Lira or the Drachma or to any other currency. It pointless to bet against the euro. It is pointless to go short on the euro. That was the message. It is pointless because the euro will stay and it is irreversible.
 
 
  • Post #708,787
  • Quote
  • Oct 17, 2012 9:55am Oct 17, 2012 9:55am
  •  Nachiket
  • | Membership Revoked | Joined Jul 2011 | 3,291 Posts
come out and say I will buy all the spanish and italian bonds and finish this once and for all.
 
 
  • Post #708,788
  • Quote
  • Oct 17, 2012 9:56am Oct 17, 2012 9:56am
  •  Nachiket
  • | Membership Revoked | Joined Jul 2011 | 3,291 Posts
Quoting MaxDoom
Disliked
Question: About the timing, must the government move first? Must it activate the EFSF and the ESM in the bond market and only then the ECB may act?

Second, what is the real meaning of the statement that the euro is irreversible?

Draghi: The first point is very important because we want to repair monetary policy transmission channels and we clearly see a risk, and I mean the convertibility premium in some interest rates. But the Governing Council knows that monetary policy would not be enough to achieve these objectives unless there is also action...
Ignored

ya nice explaination but NY monkeys interpreted it as QE ( damm i can't find infinity) and bought it
 
 
  • Post #708,789
  • Quote
  • Oct 17, 2012 9:56am Oct 17, 2012 9:56am
  •  mohan76
  • Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
Quoting kuroro001
Disliked
I'd rather see 1,3070 first to buy it.
But EU is bouncing off nothing...it's being in the middle of nowhere today.

No point trading it
Ignored
some big fish have solid information about bailout drama , looks people buying bottom selling @ top , they playing with us
Mohan
 
 
  • Post #708,790
  • Quote
  • Oct 17, 2012 9:56am Oct 17, 2012 9:56am
  •  21vs7
  • Joined Dec 2010 | Status: Foook Bollinger-dr.Kegel knows! | 9,719 Posts
BE

going on a bike
 
 
  • Post #708,791
  • Quote
  • Oct 17, 2012 9:59am Oct 17, 2012 9:59am
  •  tankokjian
  • | Joined May 2010 | Status: Member | 2,442 Posts
Will wake up 3 hours later and see where it goes.....
 
 
  • Post #708,792
  • Quote
  • Oct 17, 2012 9:59am Oct 17, 2012 9:59am
  •  Nachiket
  • | Membership Revoked | Joined Jul 2011 | 3,291 Posts
Quoting 21vs7
Disliked
BE

going on a bike
Ignored
man you are highly entertaining. I am a big fan of you
 
 
  • Post #708,793
  • Quote
  • Oct 17, 2012 10:00am Oct 17, 2012 10:00am
  •  Nachiket
  • | Membership Revoked | Joined Jul 2011 | 3,291 Posts
Quoting tankokjian
Disliked
Will wake up 3 hours later and see where it goes.....
Ignored
it will go to 1.29. don't sleep
 
 
  • Post #708,794
  • Quote
  • Oct 17, 2012 10:01am Oct 17, 2012 10:01am
  •  divak
  • | Joined Jun 2012 | Status: Cogito ergo $um | 1,519 Posts
candles cooking now
 
 
  • Post #708,795
  • Quote
  • Oct 17, 2012 10:01am Oct 17, 2012 10:01am
  •  Nachiket
  • | Membership Revoked | Joined Jul 2011 | 3,291 Posts
Quoting divak
Disliked
candles cooking now
Ignored
nothing left to cook. already grilled account.
 
 
  • Post #708,796
  • Quote
  • Oct 17, 2012 10:02am Oct 17, 2012 10:02am
  •  xandi
  • Joined Jan 2012 | Status: Loving Nature* | 3,985 Posts
Quoting divak
Disliked
sorry mate. Do you have a copy of the bailout request? Thanks, i'd like to print it and put a frame, then over my bed.
Ignored
what tha f"# does it matters?? Spain is considering a Bailout Request since August, every day talking about that, and you are worried now??? this conversation remind me the time if Greek will pay or not, using that excuse to moove the market 3 months followed...
The market will moove to where it was decided, and use old excuses and news to moove it there!!! open your eyes!
 
 
  • Post #708,797
  • Quote
  • Oct 17, 2012 10:04am Oct 17, 2012 10:04am
  •  Vachus
  • | Membership Revoked | Joined Jul 2012 | 4,197 Posts
Max, i heard it by my own ears and he said it in the last minute of a press conference maybe 1 month ago or more , i don't remember. HE SAID IT.
"It's the Margin, Stupid."
 
 
  • Post #708,798
  • Quote
  • Oct 17, 2012 10:05am Oct 17, 2012 10:05am
  •  nek17
  • | Joined Oct 2009 | Status: Member | 66 Posts
I closed short with 10 pips gain - will only watch now.

Holy crap, just realized it went straight back after my close to +77 day position *_*
Crazy shot.

Quoting divak
Disliked
This is your captain speaking, we are landing soon, waiting for a Iberia Plane to clear the runway. Stay seated please.
Ignored
 
 
  • Post #708,799
  • Quote
  • Oct 17, 2012 10:07am Oct 17, 2012 10:07am
  •  pipsallday
  • Joined Jun 2011 | Status: You can if you think you can | 2,969 Posts
Quoting 21vs7
Disliked
BE

going on a bike
Ignored
Trade What You See Not What You Want To See
 
 
  • Post #708,800
  • Quote
  • Oct 17, 2012 10:07am Oct 17, 2012 10:07am
  •  mohan76
  • Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
Quoting Vachus
Disliked
Max, i heard it by my own ears and he said it in the last minute of a press conference maybe 1 month ago or more , i don't remember. HE SAID IT.
Ignored
you can all old conference @ utube
Mohan
 
 
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