now down again...
honestly there is smthg wrong somewhere in this market...
i dont know what or who, but 40 pips up, then just no more push ahead... lol
,
Mohan 
- #682,961
- Aug 22, 2012 9:58am Aug 22, 2012 9:58am
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
,
- #682,966
- Aug 22, 2012 10:06am Aug 22, 2012 10:06am
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
Mohan
- #682,969
- Aug 22, 2012 10:08am Aug 22, 2012 10:08am
- | Joined Jun 2012 | Status: Cogito ergo $um | 1,519 Posts
- #682,972
- Aug 22, 2012 10:13am Aug 22, 2012 10:13am
- | Joined Aug 2012 | Status: Trader, baker, candlestick maker! | 728 Posts
Have you read lockart comments yesterday??
he clearly hinted that FED would be doing any QE3
Lockheart is a douche... he say's something and for the last 5-10 conference's Bernanke says the exact opposite. Maybe I don't know how to read a chart or draw some lines like you do, but on the fundamentals I think I kick ass
P.S : oww oww, after Lockheart spoke yesterday EURUSD moved 1 pip LOL
- #682,974
- Aug 22, 2012 10:17am Aug 22, 2012 10:17am
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
Are you serious? I mean I see that from your number of posts you should have lot's more experience than me, but I guess I was wrong.
Lockheart is a douche... he say's something and for the last 5-10 conference's Bernanke says the exact opposite. Maybe I don't know how to read a chart or draw some lines like you do, but on the fundamentals I think I kick ass
P.S : oww oww, after Lockheart spoke yesterday EURUSD moved 1 pip LOL
New voice message: Why are you calling me? If I need you, I'll call you!
- #682,975
- Aug 22, 2012 10:18am Aug 22, 2012 10:18am
- | Joined Jun 2012 | Status: Cogito ergo $um | 1,519 Posts
Are you serious? I mean I see that from your number of posts you should have lot's more experience than me, but I guess I was wrong.
Lockheart is a douche... he say's something and for the last 5-10 conference's Bernanke says the exact opposite. Maybe I don't know how to read a chart or draw some lines like you do, but on the fundamentals I think I kick ass
P.S : oww oww, after Lockheart spoke yesterday EURUSD moved 1 pip LOL
There is a risk to monetary policy being employed too aggressively and without effect to address economic problems that can be resolved only by fiscal reforms that involve making tough choices about the allocation of public resources,” Lockhart said today in a speech in Atlanta. While “monetary policy can exert a powerful positive influence on an economy,” it “is not a panacea.”
"The Atlanta Fed president, who votes on monetary policy this year, today didn’t offer an opinion on the option of more asset purchases. He has repeatedly told reporters after events this year that he views a deterioration in the economy or a threat of falling prices as among the conditions that could warrant additional easing."
http://www.bloomberg.com/news/2012-0...mmodation.html
This doesnt inspire me for a QE3. As homesales are not doing bad, unemployment seems to be easing too
- #682,977
- Aug 22, 2012 10:23am Aug 22, 2012 10:23am
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
Mohan
- #682,979
- Aug 22, 2012 10:24am Aug 22, 2012 10:24am
- | Joined Aug 2012 | Status: Trader, baker, candlestick maker! | 728 Posts
Lockhart :
There is a risk to monetary policy being employed too aggressively and without effect to address economic problems that can be resolved only by fiscal reforms that involve making tough choices about the allocation of public resources,” Lockhart said today in a speech in Atlanta. While “monetary policy can exert a powerful positive influence on an economy,” it “is not a panacea.”
"The Atlanta Fed president, who votes on monetary policy this year, today didn’t offer an opinion on the option of more asset purchases. He has repeatedly told...
- #682,980
- Edited 1:06pm Aug 22, 2012 10:30am | Edited 1:06pm
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts