Germany mulls u-turn in fiscal policy

Germany mulls u-turn in fiscal policy

#GERMANY MULLS U-TURN IN FISCAL POLICY, CONSIDERS ISSUANCE OF NEW DEBT TO FINANCE CLIMATE PROTECTION PACKAGE - SENIOR GOV'T OFFICIAL - REUTERS
— Christophe Barraud (@C_Barraud) August 8, 2019

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Aug 8, 2019 8:19am

Quoting livetotrade

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Online Addict shouldn't have went to get that cup of coffee, lol he went to the kitchen and came back needing some doughnuts to sweetin up the bad taste of the EUR going the wrong direction. LOL j/k dude

Ignored

I don't have any EU trades open...I am waiting for a re-test of 1050, until then I stay out of EU.

OnlineAddict

Aug 8, 2019 8:27am

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Quoting livetotrade

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{quote} I heard that - remember when the EUR used to do fast and furious moves back in the day. Nothing like it today. I remember one time when the USD/JPY ran 300 pips in 5 mins from an intervention and man I got jacked from that thinking wow I don't know if I should get into this kind of trading lol. Those days seem lost now to make the quick money. Now you have to sit and wait.

Ignored

Yeah, EU volatility is dead...thats why I had to do start looking into other pairs this summer, because I was so sick of the 20 pip moves all day, gave me headaches.

But I still think once EU is finished with the bottoming, it will start spiking up again, with some big moves. Just waiting for the right entry. 1050 might be it, will see how price acts there.

Quoting livetotrade

Disliked

Online - I'm still waiting to see if it goes down to the gap down around the 1.08,1.07 area at some point in the near future. I don't believe all of the gap theory, but some of them do happen. If it does i'll ride the gap

Ignored

There is also a gap around 1.32, when we talk gaps.

So probably better to leave both alone.

OnlineAddict

Aug 8, 2019 4:19pm

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Quoting baldmonk

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{quote} surprised u r turning to a euro bear, pound bull. but i kind of agree

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Not for long, but looking at that EG topping...I would rather buy GU than EU. But I will definitely buy EU lower...not sure when yet.

AiWoZhongHua

Aug 8, 2019 8:19am

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I understand, they must be annoyed with financing other EU countries to blow money away. Why not take part in the party and launch a super expensive green new deal?

The EU will soon be worthless anyways.

livetotrade

Aug 8, 2019 8:17am

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Online Addict shouldn't have went to get that cup of coffee, lol he went to the kitchen and came back needing some doughnuts to sweetin up the bad taste of the EUR going the wrong direction. LOL j/k dude I don't think it will do much just from the tag line - It says MULL that's the key word in all of it. Mull means its just talk - now if it was definite it would be going way up in the short term since the EUR is so beat up

livetotrade

Aug 8, 2019 8:23am

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Quoting OnlineAddict

Disliked

{quote} I don't have any EU trades open...I am waiting for a re-test of 1050, until then I stay out of EU.

Ignored

I heard that - remember when the EUR used to do fast and furious moves back in the day. Nothing like it today. I remember one time when the USD/JPY ran 300 pips in 5 mins from an intervention and man I got jacked from that thinking wow I don't know if I should get into this kind of trading lol. Those days seem lost now to make the quick money. Now you have to sit and wait.

livetotrade

Aug 8, 2019 8:24am

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Online - I'm still waiting to see if it goes down to the gap down around the 1.08,1.07 area at some point in the near future. I don't believe all of the gap theory, but some of them do happen. If it does i'll ride the gap

Crystalseeds

Aug 8, 2019 9:08am

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its just so surprising, that twitter has the high impact unexpected news, it pops and changes everything on the market, at any time, news are released.. its crazy trading forex, with this in mind that at any minute, without information, news are dropped like a bomb..

OnlineAddict

Aug 8, 2019 8:10am

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Bull trap...euro will still go towards 1100, so anything between 1225-50 is a good scalp short.

Bakker

Aug 8, 2019 8:11am

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Hey guys, I got a strange feeling $ is going to make a huge dip today!?!

Bakker

Aug 8, 2019 8:22am

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Quoting fxsport

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{quote} Based on........??????

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Two previous red pins on 4hr chart.

Aug 8, 2019 8:23am

Watch USD/Yen!!

Aug 8, 2019 9:02am

Quoting Goldorak06

Disliked

so now germany denies ...why is there so many bullshit news from stupid monkeys , i can't understand

Ignored

To create better entries? I am glad for them.

Bakker

Aug 8, 2019 11:46am

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Will $Y make a 3rd doji on 4hr? Keep on watching for a nice drop, if not today then tomorrow.

OnlineAddict

Aug 8, 2019 3:40pm

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Quoting OnlineAddict

Disliked

Bull trap...euro will still go towards 1100, so anything between 1225-50 is a good scalp short.

Ignored

And trap confirmed.

fxsport

Aug 8, 2019 8:17am

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Quoting Bakker

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Hey guys, I got a strange feeling $ is going to make a huge dip today!?!

Ignored

Based on........??????

skillz16

Aug 8, 2019 8:08am

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Hmm. It appears that EUR part of EUR/USD popped up after this news. How does this mean stronger EURO?

Is this because the Germans have mentioned that they think weak Euro policy is bad?

skillz16

Aug 8, 2019 8:35am

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I bet Trump comes out and mentions now/today that the Treasury is not ruling out doing something to weaken the dollar. That would be interesting...

sadeghi

Aug 8, 2019 8:21am

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EUR won't go above1.1250 till there is the possibility of negative rate

sadeghi

Aug 8, 2019 8:29am

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Quoting Bakker

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Watch USD/Yen!!

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usd/jpy will stay above 105.50, it depends on trade war between china and USA,

barkie

Aug 8, 2019 8:02am

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Hurray Europe is saved !!!!

Maxthetrader

Aug 8, 2019 9:47am

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Somebody gotta save the global warming HOAX!

baldmonk

Aug 8, 2019 3:45pm

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Quoting OnlineAddict

Disliked

{quote} And trap confirmed.

Ignored

surprised u r turning to a euro bear, pound bull. but i kind of agree

Lamplighter

Aug 8, 2019 8:26am

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Scalpers heaven opportunist moves inside higher timeframe consolidation. Looking at nice pin bar/'shooting star' forming on the EURGBP. Fake-out breakout? Time will tell. ;-)

Lamplighter

Aug 8, 2019 8:33am

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Big moves in a shallow market tend to fizzle out. Words may trigger a move, but actions provide follow through with momentum.

JensOhle

Aug 8, 2019 9:03am

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Quoting Goldorak06

Disliked

so now germany denies ...why is there so many bullshit news from stupid monkeys , i can't understand

Ignored

and the algos still trying to fight it while figuring out what this meant ... hahaha

plus it's a peanuts sum they were talking about 500m EUR ...

foto

Aug 8, 2019 9:10am

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Quoting Goldorak06

Disliked

so now germany denies ...why is there so many bullshit news from stupid monkeys , i can't understand

Ignored

Possible big news going to be breaking and institutions closing out positions. they call in some favors put out B.S. news items and exit with size. That is what manipulation is for.
Germany appears to be squirming here and that will precede a decision.
Lamplighter I'd agree is calling it right.

gat

Aug 8, 2019 9:40am

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Already screwing the culture for a decade so why not screw the budget too?

Aug 8, 2019 8:22am

Just sl hunter

Aug 8, 2019 8:10am

And again news drives the market! Chart is just a nothing today!

Rakeem

Aug 8, 2019 8:12am

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Yeah you can only scalp if you want to take some!

Rakeem

Aug 8, 2019 8:15am

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Why not, if Trump decide, it can do evrything

Rakeem

Aug 8, 2019 8:50am

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NZD bounce like bomb!

JensOhle

Aug 8, 2019 8:23am

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Amazing how long it took the "all knowing and immediately discounting" Mr. Market to figure out that this money/debt would be blowing in the wind ... instead of support bad child care and schools ...