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  • #639,061
  • May 3, 2012 7:54am May 3, 2012 7:54am
Any projections before end of his speech is useless, he can destroy both longs and shorts with few words, waiting till dust settles after battle
swing it!
  • #639,062
  • May 3, 2012 7:54am May 3, 2012 7:54am
Quoting fxkiller
SL now on BE
  • #639,063
  • May 3, 2012 7:54am May 3, 2012 7:54am
Quoting mohan76
dax going south euro going north doesn't sound good
The News still not sunk in yet spikes everywhere, on cable too .
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #639,064
  • May 3, 2012 7:56am May 3, 2012 7:56am
Quoting Avir
The News still not sunk in yet spikes everywhere, on cable too .
The cable want to go down now.. But the euro is not letting it to come down..

same as we saw in last weeks, where Euro wanted to come down and the GBP was rising any limit.. they both lost connections
  • #639,065
  • May 3, 2012 7:56am May 3, 2012 7:56am
Quoting mohan76
any chance for 1.4200 ? i am holding one long over one month
1.33-1.30.mayby 1.27 - and slowly up to 1.35-1.4. mayby 1.45 next stepp hell 1.0-0.9
More on my Blog...
  • #639,066
  • May 3, 2012 7:57am May 3, 2012 7:57am
He is moving on now. He is talking about ten years time.
Over thinking over analyzing separates the body from the mind.
  • #639,067
  • May 3, 2012 7:58am May 3, 2012 7:58am
Quoting wvanja
It is not that important rate announcement which we all expect to be that way,but press conference should be watched and to hear what will he say.Is it economy improving,faling,if can be by any chance something like that ECB dont plan to move it lower for some time then we can have some big buy,or that theare is possibility to move it lower if problems continue,or will be some new europion TARP program be lunched and in what size will that bond buying continue.If the size iz big then selling and if it is not againg nothing.or if he say something...
Reporter ask "did you even think about making rate lower any time soon,because markets need this as kids candy" and he said "no we didnt talk about that,as ai said inflation is balanced for now"

No rate lower for now and we have reaction after that sentence,buy euro for almost 70 pips.Now he speaks about that what govermants can do more

I am afraid who sells today is very wrong
  • #639,068
  • May 3, 2012 7:58am May 3, 2012 7:58am
1,3157 is a key level for today...
We need a pin bar daily :-)
longer side !
  • #639,069
  • May 3, 2012 7:59am May 3, 2012 7:59am
Quoting fxkiller
The cable want to go down now.. But the euro is not letting it to come down..

same as we saw in last weeks, where Euro wanted to come down and the GBP was rising any limit.. they both lost connections
Ture, I was under water on both EU and Cable for few weeks now, originally i wanted the EU @ 3070/50 for good frofit but happy with 3101 closed all EU now. but i still nee cable down a bit more.
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #639,070
  • May 3, 2012 8:02am May 3, 2012 8:02am
wtf did draghi said that's causing eur to rocket against all other majors?

from what I know nothing has changed from prev months and no new ltro announced or in the pipeline.
  • #639,071
  • May 3, 2012 8:03am May 3, 2012 8:03am
Quoting fxkiller
Out.. +72 on two trades

shorted cable
  • #639,072
  • May 3, 2012 8:05am May 3, 2012 8:05am
He was always going to big the euro up ...its not if he was going to come out shaking his head saying the euro is fecked
  • #639,073
  • May 3, 2012 8:05am May 3, 2012 8:05am
my tp hi on long , looks DAX having some barrier around 9750 , 1.3170~ 90 cluster zone if it cross that area we can say hello to 32xx
Mohan
  • #639,074
  • May 3, 2012 8:05am May 3, 2012 8:05am
Quoting fxkiller
My view on EU is still the same as last week.. H4 channel.. Only a strong and real Breakout of 3100-3090 will give us a new level of longs.. otherwise on force down, i will remain to my current longs..
update.. moved exactly as I mentioned
Attached Image (click to enlarge)
Click to Enlarge Name: update.jpg Size: 67 KB
  • #639,075
  • May 3, 2012 8:06am May 3, 2012 8:06am
Can someone plesae tell me what's driving the € up? With the jobless claims from the US coming down, the pair should be going down. What is Draghi saying?
  • #639,076
  • May 3, 2012 8:06am May 3, 2012 8:06am
I can hear some bitching and moaning.. Eh?

Quoting attila
I see an up day tomorrow. There was a strong momentum but we're still ranging, so anything is possible.. It depends what London will do with it, but if it gets stuck I would watch them shorts very carefully...

Edit: We fell off that h4 wedge but these things usually only go to the bottom of it...
  • #639,077
  • May 3, 2012 8:08am May 3, 2012 8:08am
Quoting absconditus
Can someone plesae tell me what's driving the € up? With the jobless claims from the US coming down, the pair should be going down. What is Draghi saying?
http://www.ecb.int/press/tvservices/...120503.en.html
  • #639,078
  • May 3, 2012 8:09am May 3, 2012 8:09am
Quoting fxkiller
update.. moved exactly as I mentioned
SAME CHART
Attached Image (click to enlarge)
Click to Enlarge Name: Immagine.jpg Size: 135 KB
  • #639,079
  • May 3, 2012 8:09am May 3, 2012 8:09am
short at .3175. What do you think?
  • #639,080
  • May 3, 2012 8:11am May 3, 2012 8:11am
nice call. i read that yesterday, and always look for your posts.

Quote
Originally Posted by attila http://www.forexfactory.com/images/buttons/viewpost.gif
I see an up day tomorrow. There was a strong momentum but we're still ranging, so anything is possible.. It depends what London will do with it, but if it gets stuck I would watch them shorts very carefully...

Edit: We fell off that h4 wedge but these things usually only go to the bottom of it...
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