EURUSD | Page 25157 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, USD/CHF

Similar Threads

MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
Exit Attachments

EURUSD

  • #503,121
  • Jul 29, 2011 1:25am Jul 29, 2011 1:25am
oh man.. i just made some delicious albondigas soup

sooo good...

meatballs made with mint, eggs, onions, garlic, salt, pepper

a broth made from celery, cilantro, bay leaves, onions,

cooked togehter with carrots and squash then served with Corn, avocado, and more fresh chopped cilantro


sooo good!! I almost forgot about the 33 pips i lost today

http://www.smiley-lol.com/smiley/man...er/mange10.gif
  • #503,122
  • Jul 29, 2011 1:25am Jul 29, 2011 1:25am
Quoting Wulfgar
well i suppose driving up inflation is the next obvious choice after a default....

they have been pushing inflationary monetary practices hard. now,additional liquidity appears to be "neutral". All bond buying will cease on Aug 9, so then the junkie is off the smack. Interest rates will spike, undoubtedly either from a credit downgrade, default, or bond selling or a combination of all three would make for a very very fierce dollar rally.
  • #503,123
  • Jul 29, 2011 1:26am Jul 29, 2011 1:26am
Quoting mfoste1
im just strictly speaking of credit market. if US debt gets downgraded or defaults, people dont wanna hold bonds so they sell them and their interest rates go up. Demand for usd increases as a result. So any type of negative credit agenda for the US will ultimately be dollar positive.
They will not default, why would they let it default when they can open up the print shop again via qe3 and print their way out. This scenario is worse and unfortunately what should transpire. Hyperinflation here we come.
  • #503,124
  • Jul 29, 2011 1:26am Jul 29, 2011 1:26am
My chart:


Attached Image
  • #503,125
  • Jul 29, 2011 1:27am Jul 29, 2011 1:27am
Quoting gatorinla

it will also take demand off commodities. the cost of borrowing goes up.
The worlds reserve currency is still the dollar and is also what major commodities are settled with.
  • #503,126
  • Jul 29, 2011 1:27am Jul 29, 2011 1:27am
Quoting Wulfgar
oh man.. i just made some delicious albondigas soup ..sooo good...

http://www.smiley-lol.com/smiley/man...er/mange10.gif
That does sound pretty good i must say....
  • #503,127
  • Jul 29, 2011 1:28am Jul 29, 2011 1:28am
Quoting mfoste1
im just strictly speaking of credit market. if US debt gets downgraded or defaults, people dont wanna hold bonds so they sell them and their interest rates go up. Demand for usd increases as a result. So any type of negative credit agenda for the US will ultimately be dollar positive.
Though I agree, I think that the present USD Strength is simply Risk Aversion, all markets are swapping out stock for cash, bonds for cash, kitchen sink for cash. Demand for USD is climbing. The Interest rate situation will come later after the default
  • #503,128
  • Jul 29, 2011 1:28am Jul 29, 2011 1:28am
Quoting Sonofsin5
I would imagine the retail side of this market is all long eur and short usd, its the most logical conclusion to make and therefore should prove to be the exact opposite of what the market will do.
I know man.. im honestly just messin around...

I was attempting a CC trade based on overall USD bearishness

EU is a race to the basement... one day the Eurozone crap inches ahead and the next the USD drama takes the reigns... its awesome
  • #503,129
  • Jul 29, 2011 1:28am Jul 29, 2011 1:28am
http://www.ritholtz.com/blog/2011/07/margin-call/
The Thief of Wall Street
  • #503,130
  • Jul 29, 2011 1:29am Jul 29, 2011 1:29am
Quoting mfoste1
they have been pushing inflationary monetary practices hard. now,additional liquidity appears to be "neutral". All bond buying will cease on Aug 9, so then the junkie is off the smack. Interest rates will spike, undoubtedly either from a credit downgrade, default, or bond selling or a combination of all three would make for a very very fierce dollar rally.
Interesting view ...
  • #503,131
  • Jul 29, 2011 1:30am Jul 29, 2011 1:30am
Quoting Sonofsin5
They will not default, why would they let it default when they can open up the print shop again via qe3 and print their way out. This scenario is worse and unfortunately what should transpire. Hyperinflation here we come.

not before brief deflation....the bar for more QE is set high. There will have to be a market crash before they start the presses again. But heres the kicker: marginal liquidity is having less and less effects(it only works in the SR) can you say Japan?
  • #503,132
  • Jul 29, 2011 1:32am Jul 29, 2011 1:32am
Quoting mfoste1
im just strictly speaking of credit market. if US debt gets downgraded or defaults, people dont wanna hold bonds so they sell them and their interest rates go up. Demand for usd increases as a result. So any type of negative credit agenda for the US will ultimately be dollar positive.

Actually if the US defaults, it's likely that more money will pour into US Treasuries. Investors will selloff their riskiest assets and US bonds still remain the safest and most liquid money market.
We're all stories in the end. Just try to make it a good one.
  • #503,133
  • Jul 29, 2011 1:33am Jul 29, 2011 1:33am
Once it breaks a new low ... here we go!
  • #503,134
  • Jul 29, 2011 1:34am Jul 29, 2011 1:34am
Quoting Traderji
Actually if the US defaults, it likely that the more money will pour into US Treasuries. Investors will selloff their riskest assets and US bonds still remains the safest and most liquid money market.
not for long

as of today short term t-bills are no longer considered a risk free asset

plus the new CME collateral haircuts on ALL treasuries is very telling of just how "safe" this bonds will be....
  • #503,135
  • Jul 29, 2011 1:36am Jul 29, 2011 1:36am
44.5/61.7 yesterdays low mofu...
Look Sharp/Trade Tight
  • #503,136
  • Jul 29, 2011 1:37am Jul 29, 2011 1:37am
Quoting Traderji
Actually if the US defaults, it's likely that more money will pour into US Treasuries. Investors will selloff their riskiest assets and US bonds still remain the safest and most liquid money market.
I agree Geitner said this week that paying bond holders will be the number 1 US priority, it just means that govt workers, the military, social security and medicare payments won't be made, but interest rates won't skyrocket because bondholders will still get their interest, and if there is a default it will probably last a day or 2 at the most.
Yay! Pips for everyone!
  • #503,137
  • Jul 29, 2011 1:38am Jul 29, 2011 1:38am
Quoting gatorinla
not to constipate things.. here are some levels that may help.(2009 #). regardless a close below 4277.9 (2008 #) this week is bearish. ill add to these levels to show you something in the next post. it will show what a mofu is. and what it does. back to check a tl is normal.
sos
those who can, do. those who cant, talk about those who can
  • #503,138
  • Jul 29, 2011 1:38am Jul 29, 2011 1:38am
Quoting mfoste1
not before brief deflation....the bar for more QE is set high. There will have to be a market crash before they start the presses again.
Your kidding right, whats your gas in your car costing you or your milk, what Items have gone down in price that are necessary items in your life? I'm not talking about some sale at a retail clothing outlet or a cheaper car tire, the real stuff everybody needs to live on has been going up in price since the beginning of last year. Unless you believe the cpi data bs that is printed which by the way has a clause for substitution, inflation is here already.

They tried a new trick a few weeks ago with the release of oil into the market in an attempt to bring down fuel prices and ease the middle and lower classes pockets. Guess what? FAIL. Why? Oil is priced in US dollars. More money chasing the same amount of goods = higher prices, Simple market theory.
  • #503,139
  • Jul 29, 2011 1:38am Jul 29, 2011 1:38am
Quoting Traderji
Actually if the US defaults, it likely that the more money will pour into US Treasuries. Investors will selloff their riskest assets and US bonds still remains the safest and most liquid money market.

why would people buy more treasuries if they default. demand for treasuries will go down, and interest rates would spike. If you default on a credit card do they give you more credit?
  • #503,140
  • Jul 29, 2011 1:40am Jul 29, 2011 1:40am
Quoting mfoste1
why would people buy more treasuries if they default. demand for treasuries will go down, and interest rates would spike. If you default on a credit card do they give you more credit?
You switch credit card companies and pay your visa with your mastercard, thats what the government is doing.
381 traders viewing now