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  • #1,132,541
  • Sep 7, 2017 6:28am Sep 7, 2017 6:28am
Quoting Not-KPMG
{quote} Just wait Jusstin ECB today.... can't wait The strength continues. Spikes coming!!!! 1.1986 now. Closing. Targets 1.2050... 2165.... 2260.... 1.26.... I wonder why no correction today??? Ready for down spike obviously. Buy limits at 1.1950 1.1905 1.1855 1.1700 Ideas??? The loonie thieves hiked up yesterday. Nice profit. Sell UCad tomorrow again!!!! I'm around 6100% profit
I go out a bit earlier myself......but I was late to get in.....

Also made 30 pips on cable.....also a bit late getting in.....need to wake up a bit earlier the afternoon....
trading is simple but is simple is not easy.
  • #1,132,542
  • Sep 7, 2017 6:37am Sep 7, 2017 6:37am
Quoting Not-KPMG
{quote} Just wait Jusstin ECB today.... can't wait The strength continues. Spikes coming!!!! 1.1986 now. Closing. Targets 1.2050... 2165.... 2260.... 1.26.... I wonder why no correction today??? Ready for down spike obviously. Buy limits at 1.1950 1.1905 1.1855 1.1700 Ideas??? The loonie thieves hiked up yesterday. Nice profit. Sell UCad tomorrow again!!!! I'm around 6100% profit
Todays bull action could be because of some comments about the raise of the bid rate ( https://www.theguardian.com/business...an-ecb-meeting), if no changes then a correction could come and Draghi will do the rest of the show today. 1.195x would be a great place to buy again.
  • #1,132,543
  • Sep 7, 2017 6:37am Sep 7, 2017 6:37am
Just now take a short position target 1.1884
Regard NOOR16
  • #1,132,544
  • Sep 7, 2017 6:39am Sep 7, 2017 6:39am
Quoting Noor16
Just now take a short position target 1.1884
hope you mean 1.1984!
Hope for the best, prepare for the worst.
  • #1,132,545
  • Sep 7, 2017 6:40am Sep 7, 2017 6:40am
They might make a comment about how the EUR is back near its starting levels... and that would drive people to insane up frenzy. Because for some reason I'd bet traders would think that is significant.

Everyone expects him to come out and say it is too high. If he says he does not give a damn as long as profits/CPI/GDP/etc are good, then watch out!
  • #1,132,546
  • Sep 7, 2017 6:40am Sep 7, 2017 6:40am
Quoting littlemole85
{quote} Todays bull action could be because of some comments about the raise of the bid rate ( https://www.theguardian.com/business...an-ecb-meeting), if no changes then a correction could come and Draghi will do the rest of the show today. 1.195x would be a great place to buy again.
i read this

" Markets rushed to buy a few euros on a Reuters headline that said mon pol decisions will be announced after the usual time of 11.45 GMT but that was then corrected to say usual time. EUR pairs retreated a little only to find fresh legs and head higher again. "
  • #1,132,547
  • Sep 7, 2017 6:42am Sep 7, 2017 6:42am
Quoting PatienceFx
{quote} i read this " Markets rushed to buy a few euros on a Reuters headline that said mon pol decisions will be announced after the usual time of 11.45 GMT but that was then corrected to say usual time. EUR pairs retreated a little only to find fresh legs and head higher again. "
Kind of "dear market show me where do you wanna go"
  • #1,132,548
  • Sep 7, 2017 6:43am Sep 7, 2017 6:43am
I will put a long just before the news. Worst case scenario I lose a bit. Best case scenario we shoot for the moon (1.258)
  • #1,132,549
  • Sep 7, 2017 6:43am Sep 7, 2017 6:43am
Did they move the news back an hour? RE: https://www.forexfactory.com/news.php?do=news&id=697785
  • #1,132,550
  • Sep 7, 2017 6:46am Sep 7, 2017 6:46am
correction until Draghi
  • #1,132,551
  • Sep 7, 2017 6:47am Sep 7, 2017 6:47am
lets see how much it goes down, if draghi don't mention anything about tapering it might go deeper
Letting losses run is the most serious mistake made by most investors.
  • #1,132,552
  • Sep 7, 2017 6:47am Sep 7, 2017 6:47am
Quoting ZenNy
{quote} aren't you a bull?
Yes on the longer term.. I shorted and was looking for a better price to long.. 1.177 area.. clear it doesn't wanna go there..
  • #1,132,553
  • Sep 7, 2017 6:48am Sep 7, 2017 6:48am
No change in minimum bid rate right? Were people expecting a change?

Also:
1108 GMT - "The odds of the ECB expressing verbal discomfort on recent euro appreciation are high in today's meeting," according to George Saravelos, Deutsche Bank strategist."

This is false but seems to be what most think so I wonder if the market is "misaligned"... I think he just mentions about how it is back near where it started instead and given everything thinks this, would seem to cause some surprise. Everyone thinks it is a given he will talk it down apparently...
  • #1,132,554
  • Sep 7, 2017 6:49am Sep 7, 2017 6:49am
Quoting jusstin911
{quote} Yes on the longer term.. I shorted and was looking for a better price to long.. 1.177 area.. clear it doesn't wanna go there..
I am not so sure it doesn't want to go there right now.
  • #1,132,555
  • Sep 7, 2017 6:50am Sep 7, 2017 6:50am
Let me do some purchases in JY at 108.88 ...
  • #1,132,556
  • Sep 7, 2017 7:05am Sep 7, 2017 7:05am
I think Draghi is thinking how to bring this thing down a little....
trading is simple but is simple is not easy.
  • #1,132,557
  • Sep 7, 2017 7:10am Sep 7, 2017 7:10am
Interest rate unchanged. Let's see how Draghi moves the market in 20 mins.
  • #1,132,558
  • Sep 7, 2017 7:13am Sep 7, 2017 7:13am
ECB Press Conference in 15 min - 7 September 2017
Inserted Video
I am who I am
  • #1,132,559
  • Sep 7, 2017 7:21am Sep 7, 2017 7:21am
If Draghi's tie resembles any red in colour, WE SELL Euro and if its Blue or some sort, WE BUY Euro... Ok
  • #1,132,560
  • Sep 7, 2017 7:23am Sep 7, 2017 7:23am
Quoting Ndumiso666
If Draghi's tie resembles any red in colour, WE SELL Euro and if its Blue or some sort, WE BUY Euro... Ok
best theory so far!
Its all just one persons opinion
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