EurAnalysis | Page 3096 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD

Similar Threads

EurAnalysis Kindergarten 24 replies

Attachments: EurAnalysis
Exit Attachments

EurAnalysis

  • #61,901
  • Nov 30, 2012 7:28am Nov 30, 2012 7:28am
Quoting Thijs
No worries you will get a retest
so you are in bears camp like PT
and also me
Good luck to you
  • #61,902
  • Nov 30, 2012 7:30am Nov 30, 2012 7:30am
Quoting redteamgo
I agree. The only reason that voter turnout is so low is because they are so disenfranchised due to how powerful multi term politicians have become. people are indifferent because the classic, "meet the new boss, same as the old boss" has persisted for quite some time. major congressional reform is needed and one of the very first provisions in that reform s/b term limits.
Amen! Preach on brother!
  • #61,903
  • Nov 30, 2012 7:35am Nov 30, 2012 7:35am
EUR going back? =D
  • #61,904
  • Nov 30, 2012 7:37am Nov 30, 2012 7:37am
I love bearish moves in this pair
  • #61,905
  • Nov 30, 2012 7:39am Nov 30, 2012 7:39am
Quoting Solomon1a
EUR going back? =D
we have these intraday levels to attack and kill

1.2975 today Pivot
1.2962 support (change of polarity)
1.2955
1.2946
1.2936 S1
  • #61,906
  • Nov 30, 2012 7:40am Nov 30, 2012 7:40am
Quoting HCGroup
I love bearish moves in this pair
Especially if you are short like I am!
  • #61,907
  • Nov 30, 2012 7:40am Nov 30, 2012 7:40am
Quoting ohenry
Taken the short...anticipating the 1st hurdle @ 2975...once through aggressively onto 42..if not..cold crow 4 dinner @ 3083..GL
Scaled out partial rest @ BE..a little something for the bulls..
Attached Image
Those that say do not know. Those that know do not say.
  • #61,908
  • Nov 30, 2012 7:47am Nov 30, 2012 7:47am
Quoting Gofer Pips
Especially if you are short like I am!
almost always i short this pair, i don't know why but when i want to buy it i have a lot of fear and stress
80% it hits my sl when i long it, don't know why
in these years i understood Bulls hate me and never accept me in their camp, BUT, bears always kindly and lovely accept me in their team
  • #61,909
  • Nov 30, 2012 8:10am Nov 30, 2012 8:10am
Quoting EuroTraderJD
PT What are your thoughts on this post? The effect on the Euro would be bullish?

Originally Posted by 100PipsADay http://images.forexfactory.net/buttons/viewpost.gif
[i]EUR/USD Bears seem to be forgetting about the Fed's meeting come December 12 and will more than likely be very disappointed once the Fed decides to end Operation Twist and replace it with something even more aggressive.

Even if Congress reaches a deal to avoid the fiscal...
It's possible but at this point it is pure speculation that operation twist would be replaced with unsterilized treasury purchases. The Fed balance sheet still has more short dated debt on it so unless there is a downturn in the US economy (which does not seem likely at this point), I just don't see why the rate of easing would be stepped up from it's current pace.
Furthermore, the Fed's efforts to weaken the USD have not worked at all since the start of QE3, so why would anyone automatically assume that it would work for a speculated QE4?

Let's just trade what we see... and not what we think.

Right now I "see" a weakening European economy and a strengthening US economy.
Those who say it cannot be done should not interrupt those who are doing it
  • #61,910
  • Nov 30, 2012 8:15am Nov 30, 2012 8:15am
Quoting HCGroup
so you are in bears camp like PT
and also me
Good luck to you
The entire thing has become a charade. Almost everybody knows Greece will need debt restructuring in the long run. It will remain cut off from capital markets and dependent on the international community for aid, and European citizens should be made aware of this. Political integrity from the eurozone-IMF talks are long overdue. Instead they are maintaining the illusion - especially in Germany - that the whole thing won’t cost taxpayers much.

The moment they start speaking the truth and facing the facts I am long Euro again, but don't count on it for atleast another 6 months.
Inflation in things we need, Deflation in things we want.
  • #61,911
  • Nov 30, 2012 8:16am Nov 30, 2012 8:16am
Quoting PipTrapper
Furthermore, the Fed's efforts to weaken the USD have not worked at all since the start of QE3, so why would anyone automatically assume that it would work for a speculated QE4?
Great point!

Quoting PipTrapper
Let's just trade what we see... and not what we think.
No truer words have been spoken in FX. Again thanks PT for your valued thoughts.
Trade smaller than rational because the market is irrational...
  • #61,912
  • Nov 30, 2012 8:18am Nov 30, 2012 8:18am
Quoting PipTrapper
It's possible but at this point it is pure speculation that operation twist would be replaced with unsterilized treasury purchases. The Fed balance sheet still has more short dated debt on it so unless there is a downturn in the US economy (which does not seem likely at this point), I just don't see why the rate of easing would be stepped up from it's current pace.
Furthermore, the Fed's efforts to weaken the USD have not worked at all since the start of QE3, so why would anyone automatically assume that it would work for a speculated QE4?

Let's...
That is the question of the decade, which (starting from Japanese) central bankers failed to ask themselves...
On the other hand - they perfectly undertsnad what are they doing, just cant breakout out of that corrupted Louis XV type mentality
69
  • #61,913
  • Nov 30, 2012 8:28am Nov 30, 2012 8:28am
Quoting PipTrapper
It's possible but at this point it is pure speculation that operation twist would be replaced with unsterilized treasury purchases. The Fed balance sheet still has more short dated debt on it so unless there is a downturn in the US economy (which does not seem likely at this point), I just don't see why the rate of easing would be stepped up from it's current pace.
Furthermore, the Fed's efforts to weaken the USD have not worked at all since the start of QE3, so why would anyone automatically assume that it would work for a speculated QE4?

Let's...
I do not fully agree with your POV.
IMHO USD could be at higher level if Fed had not start this QE3, and EUR/USD may not be at these 1.30 levels without QE3. So I think that QE3 has worked to weaken the USD, but its relative to a very weak euro.

now the question is : for how long ?
  • #61,914
  • Nov 30, 2012 8:32am Nov 30, 2012 8:32am
Quoting wingou
I do not fully agree with your POV.
IMHO USD could be at higher level if Fed had not start this QE3, and EUR/USD may not be at these 1.30 levels without QE3. So I think that QE3 has worked to weaken the USD, but its relative to a very weak euro.

now the question is : for how long ?
You are correct that QE3 has helped to stabilize, but the original context of the discussion was about QE4 destroying the USD versus the other currencies.
Those who say it cannot be done should not interrupt those who are doing it
  • #61,915
  • Nov 30, 2012 8:41am Nov 30, 2012 8:41am
Quoting PipTrapper
You are correct that QE3 has helped to stabilize, but the original context of the discussion was about QE4 destroying the USD versus the other currencies.
Yes ! That's why i agree on the other part of your answer
  • #61,916
  • Nov 30, 2012 9:08am Nov 30, 2012 9:08am
any idea what is happening with this reversal?
Any prices quoted are futures
  • #61,917
  • Nov 30, 2012 9:16am Nov 30, 2012 9:16am
zerohedge ‏@zerohedge BIS buying EURUSD on full tilt again.
Trade smaller than rational because the market is irrational...
  • #61,918
  • Nov 30, 2012 9:18am Nov 30, 2012 9:18am
From OANDA News

The risk bulls could have used the latest upturn Chicago PMI's to their favour, but late Europe Friday is not the most trade inductive of occasions and the S&P 500 remain flat to small-down as a result. EUR/USD has popped back up through 1.3000 post NY cut, with expiries at the figure level now passed. 1.3027 was the earlier session high, and the early signs are that NY may look to push higher, in the hunt for stops - 1.3050+ the more significant of levels in this respect.
Trade smaller than rational because the market is irrational...
  • #61,919
  • Nov 30, 2012 9:20am Nov 30, 2012 9:20am
Possible long signal coming up on my 4H.... I'm going to have to dig really deep if this signal is triggered...
Those that say do not know. Those that know do not say.
  • #61,920
  • Nov 30, 2012 9:21am Nov 30, 2012 9:21am
E @ Daily R1
Trade smaller than rational because the market is irrational...
6 traders viewing now