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  • #675,021
  • Aug 3, 2012 7:27am Aug 3, 2012 7:27am
Quoting KiwiTrada
is my 2cent yesterdays pop which was heavily reejected and todays also was big boys playing fot better sell prices, I think euro going to get smashed, is just my 2cents, so fake up and reverse down to dungeon, ppb scalps leaving runner very small going to watch from side line,,s
I've said earlier, I've never seen a week where FOMC pointed south and the week ending north.
But hey, there is a first time for everything, that's what my latest girl friend said.

So, who knows?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #675,022
  • Aug 3, 2012 7:27am Aug 3, 2012 7:27am
8:19 EDT - Commodity currencies like the Australian dollar will react most strongly to the US jobs report since the Aussie has rallied the past week, says Barclays, as the currency has been "relatively unaffected by the risks raised by the European crisis." It adds an in-line print would be the worst-case scenario for the market since it would maintain concerns about the US recovery but not be weak enough to prompt the Fed to start another round of easing. The euro and Aussie are both higher against the dollar ahead of the report, with the former up to $1.2244 from $1.2181 late Thursday and the latter rising to $1.0513 from $1.0464.
  • #675,023
  • Aug 3, 2012 7:33am Aug 3, 2012 7:33am
NFP is 163k but I think it will not matter - Unemployment Rate went to 8.3 and this is really bad for USD - EUR should go UP
  • #675,024
  • Aug 3, 2012 7:33am Aug 3, 2012 7:33am
ye, the big boys are intelligent, pushed to 1.229, instead of 1.23 so they can ride it down themselves LOL without those pending sell limits from retailers/others. . reversed gain to breakout point, 1 way ticket up and ticket down. as they pushed up, sell limits already planned all along, so it come down pretty fast once they exited their long, all robots....

US LOVE TO DUMP
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  • #675,025
  • Aug 3, 2012 7:34am Aug 3, 2012 7:34am
Quoting HuoLong
NFP is 163k but I think it will not matter - Unemployment Rate went to 8.3 and this is really bad for USD - EUR should go UP
IT WILL NOT MATTER? Are you sure?
  • #675,026
  • Aug 3, 2012 7:34am Aug 3, 2012 7:34am
Quoting KillerWhale
I've said earlier, I've never seen a week where FOMC pointed south and the week ending north.
But hey, there is a first time for everything, that's what my latest girl friend said.

So, who knows?
Like I said
New voice message: Why are you calling me? If I need you, I'll call you!
  • #675,027
  • Aug 3, 2012 7:35am Aug 3, 2012 7:35am
short EU 1.2236 AU 1.0499
  • #675,028
  • Aug 3, 2012 7:35am Aug 3, 2012 7:35am
Quoting HuoLong
NFP is 163k but I think it will not matter - Unemployment Rate went to 8.3 and this is really bad for USD - EUR should go UP
Lol, down you mean?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #675,029
  • Aug 3, 2012 7:35am Aug 3, 2012 7:35am
First time trading NFP.

In future I will set close take profits for a quick snip
Even the worst trade can close with profit. Just give it time.
  • #675,030
  • Aug 3, 2012 7:36am Aug 3, 2012 7:36am
Shorted @ 2239 SL @ 2278 tp @ 2180
  • #675,031
  • Aug 3, 2012 7:36am Aug 3, 2012 7:36am
nice data but nothingg special happened on EurUsd, up,down,up,down.. Gold nice down

What can be happen on eu now?
  • #675,032
  • Aug 3, 2012 7:38am Aug 3, 2012 7:38am
Quoting KillerWhale
Lol, down you mean?
Oh no, it's a risk on type of day. Look around at the other markets.
Every time you use 'hopium' in a post, God kills a kitten.
  • #675,033
  • Aug 3, 2012 7:38am Aug 3, 2012 7:38am
Quoting HuoLong
NFP is 163k but I think it will not matter - Unemployment Rate went to 8.3 and this is really bad for USD - EUR should go UP
Bad economy means bad data for DOW and good for USD as a currancy , EURO will go down .
  • #675,034
  • Aug 3, 2012 7:38am Aug 3, 2012 7:38am
Anyway, so far no impact
New voice message: Why are you calling me? If I need you, I'll call you!
  • #675,035
  • Aug 3, 2012 7:39am Aug 3, 2012 7:39am
patience ......
  • #675,036
  • Aug 3, 2012 7:40am Aug 3, 2012 7:40am
Quoting profxtrader
Oh no, it's a risk on type of day. Look around at the other markets.
Wait and see
New voice message: Why are you calling me? If I need you, I'll call you!
  • #675,037
  • Aug 3, 2012 7:40am Aug 3, 2012 7:40am
Quoting KillerWhale
Anyway, so far no impact


looks like volatility only, nothing so far. other than GBP getting dump far worst. maybe 1 hour and 20mins more if nothing is dump..
  • #675,038
  • Aug 3, 2012 7:40am Aug 3, 2012 7:40am
Quoting roreki
Bad economy means bad data for DOW and good for USD as a currancy , EURO will go down .
What do you mean by ''bad economy and bad data''?
  • #675,039
  • Aug 3, 2012 7:40am Aug 3, 2012 7:40am
I am thinking market was a bit confused by result...
good Non Farm but unemployment rate rose to 8.3....hmmmmm
Patience, Emotion Control and Discipline.
  • #675,040
  • Aug 3, 2012 7:40am Aug 3, 2012 7:40am
Good data regarding NFP.

Based on this, no QE3 on cards and eurusd should be shorted. But Super Mario wants euro up.

Maybe there will be a duel between FED - ECB
They think they are smarter than I am.
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