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  • #109,801
  • Sep 6, 2012 5:23am Sep 6, 2012 5:23am
large strike at 2625 reported for today's ny cut, although this will expire well after the bid rate / press conference volatility has kicked in...
  • #109,802
  • Sep 6, 2012 5:24am Sep 6, 2012 5:24am
Quoting wannaberich
agree with that.
big if tho' - at least trichet used to give a coded warning...
  • #109,803
  • Sep 6, 2012 5:28am Sep 6, 2012 5:28am
Quoting FibbinArchie
so far bb has only hinted at qe, nothing solid, if bond purchasing details disappoint and they cut rates, then it could be correction over...

just one of many possible scenarios... all ifs buts and maybes, until we get the data...
Yeap...we need more info...

Latest from ECB leak and comments yesterday was no rate cut and no bond yield cap. However, as somebody else mentioned before, a rate cut will give room for sterilizing any bond buying which what Merkel seem to be willing to give up to the ECB....

And after we have FED that hinted QE prolly clearer than any time since the last QE, NFP as catalyst (US getting pull down with the rest of the world will guarantee QE and ++) and China that can announce something in the next few days ...

Whatever the case, Gold is up and running and is the only one trading on a break ...final target to next strong R is 173x and is around the corner....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #109,804
  • Sep 6, 2012 5:31am Sep 6, 2012 5:31am
Quoting sisse
Yeap...we need more info...

Latest from ECB leak and comments yesterday was no rate cut and no bond yield cap. However, as somebody else mentioned before, a rate cut will give room for sterilizing any bond buying which what Merkel seem to be willing to give up to the ECB....

And after we have FED that hinted QE prolly clearer than any time since the last QE, NFP as catalyst (US getting pull down with the rest of the world will guarantee QE and ++) and China that can announce something in the next few days ...

Whatever the case, Gold is up and...
yep agree, was just playing devils advocate...
  • #109,805
  • Sep 6, 2012 5:35am Sep 6, 2012 5:35am
Jim O’Neill: Draghi may deliver crisis ‘game changer’

 

  1. ECB signaling it will act to keep euro together
  2. ECB can’t afford for plan not to work

Comments made on Bloomberg TV.




By Gerry Davies || September 6, 2012 at 10:26 GMT

  • #109,806
  • Sep 6, 2012 5:47am Sep 6, 2012 5:47am
Quoting FibbinArchie
Jim O’Neill: Draghi may deliver crisis ‘game changer’

 

  1. ECB signaling it will act to keep euro together
  2. ECB can’t afford for plan not to work

Comments made on Bloomberg TV.




By Gerry Davies || September 6, 2012 at 10:26 GMT


this guy is good i like to see him head of BOE
  • #109,807
  • Edited 6:12am Sep 6, 2012 5:51am | Edited 6:12am
Quoting kill56
this guy is good i like to see him head of BOE
sup killer...

what to replace merv the perv?
Attached Image
  • #109,808
  • Sep 6, 2012 5:53am Sep 6, 2012 5:53am
Quoting kill56
this guy is good i like to see him head of BOE
lol....

How is gold going bro?

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #109,809
  • Sep 6, 2012 5:59am Sep 6, 2012 5:59am
Quoting sisse
lol....

How is gold going bro?

sisse

not bad bro was long, now flat across the board
  • #109,810
  • Sep 6, 2012 6:03am Sep 6, 2012 6:03am
Well nothing new as expected from the BOE.

Final intraday levels for the ECB. 1.258x momentum line to the short side (not fadable at all just the break). To the top side the key 1.266x (not tradable in a break but fadable in H4) play with max overshoot to 1.270x.

GL all ...early lunch here...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #109,811
  • Sep 6, 2012 6:07am Sep 6, 2012 6:07am

  1. 7:06 AM Spanish yields turn higher on the short end after sluggish demand at its €3.5B auction of short-term notes. This despite the expected announcement of ECB bond buys at the short end later this morning. The 2-year +17 bps to 3.26%. The 10-year - not expected to be a target of the ECB - falls 8 bps in yield to 6.32%. Go figure. Comment!

  2. 7:00 AM The Bank of England leaves policy unchanged, its benchmark lending rate remaining at 0.5% and the size of its asset purchase program still at £375B.

  • #109,812
  • Sep 6, 2012 6:09am Sep 6, 2012 6:09am
link for today's ecb press conf...

http://www.ecb.int/press/tvservices/...120906.en.html
  • #109,813
  • Sep 6, 2012 6:10am Sep 6, 2012 6:10am
Maybe I'wrong this time... but
the only cross where i'm long.. is AUDUSD...
The best thing that can happen to you is to find out where you're wrong.
  • #109,814
  • Sep 6, 2012 6:21am Sep 6, 2012 6:21am
I just wish the verbal diarrhea would end, get ECB and NFP behind us so we can turn the wheel again in a "normal" trading environment.

normal = just enough BS to aggrevate you

Planning to standing aside until Monday/Tuesday

Hopefully the dust has settled and the blood has clotted by then
" Never let the past hold the future to ransom "
  • #109,815
  • Sep 6, 2012 6:33am Sep 6, 2012 6:33am
Quoting Gleneagles
I just wish the verbal diarrhea would end, get ECB and NFP behind us so we can turn the wheel again in a "normal" trading environment.

normal = just enough BS to aggrevate you

Planning to standing aside until Monday/Tuesday

Hopefully the dust has settled and the blood has clotted by then
morning

that is probably a very wise thing to do ... i would really like to get a couple dustbins in though
  • #109,816
  • Sep 6, 2012 6:38am Sep 6, 2012 6:38am
Quoting FibbinArchie
sup killer...

what to replace merv the perv?

dammmm bro he looks homoish
  • #109,817
  • Sep 6, 2012 6:38am Sep 6, 2012 6:38am
Quoting kill56
dammmm bro he looks homoish
paedo-ish
  • #109,818
  • Sep 6, 2012 6:40am Sep 6, 2012 6:40am
Quoting Gleneagles
I just wish the verbal diarrhea would end, get ECB and NFP behind us so we can turn the wheel again in a "normal" trading environment.

normal = just enough BS to aggrevate you

Planning to standing aside until Monday/Tuesday

Hopefully the dust has settled and the blood has clotted by then
nice longish weekend , we need a break we need kot kot to go with it


ps the queen is here
  • #109,819
  • Sep 6, 2012 6:40am Sep 6, 2012 6:40am
Inserted Video


EXPRESS TRAIN THAT IS!!
  • #109,820
  • Sep 6, 2012 6:42am Sep 6, 2012 6:42am
3m for ecb rates
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