Pending conversations? PM for a chat...I am mainly in OTM now
The Really Useless Thread
- #109,821
- Sep 6, 2012 6:48am Sep 6, 2012 6:48am
- Joined Mar 2010 | Status: Technical Fundamentalist | 11,563 Posts
- #109,824
- Sep 6, 2012 6:57am Sep 6, 2012 6:57am
- Joined Apr 2007 | Status: Trader | 3,055 Posts
still not up to speed on leaked info... basic, layman's terms synopsis sisse?
2650 barrier pinged...
From now on.. they need true power....do you think they have it ??
The best thing that can happen to you is to find out where you're wrong.
- #109,825
- Sep 6, 2012 6:59am Sep 6, 2012 6:59am
- Joined Apr 2010 | Status: Trader | 13,228 Posts
http://www.forexfactory.com/showthre...37#post5985837
From now on.. they need true power....do you think they have it ??
well been in consolidation over night, usually leads to a strong break, the danger is the buy the rumour, sell the news factor...
- #109,826
- Sep 6, 2012 7:01am Sep 6, 2012 7:01am
- Joined Mar 2010 | Status: Technical Fundamentalist | 11,563 Posts
still not up to speed on leaked info... basic, layman's terms synopsis sisse?
2650 barrier pinged...
...Yesterday it was a leak from the ECB that the ECB wasn't going to cut rates and that it is not going to put a bond yield cap.
A cut will have allowed the ECB "to sterilize" any bond buying, etc intervention (which is what Merkel "accepted" yesterday). While the bond yield cap was the technicality the market was/is expecting for details in the news conference in a few minutes for the bond buying.
So if those comments are right (half of it so far) the expectation is that Draghi will fall short on the details on the bond buying idea in a few minutes. However as I mentioned before, Draghi can put a short term "hook" in the comments until the German Court rules and the ECB can fly free.
On the TA side we hit key R at the same time and we are testing that key and strong R at 1.266x minutes before the conference so ...
Let see ...
sisse
Pending conversations? PM for a chat...I am mainly in OTM now
- #109,827
- Sep 6, 2012 7:01am Sep 6, 2012 7:01am
- Joined Apr 2005 | Status: Mr. R.E. TIRED | 4,540 Posts
morning
that is probably a very wise thing to do ... i would really like to get a couple dustbins in though
PA gets quite messy during Rate announcements and NFP, the levels often get out of sync....i will try and focus on my knitting and flower arranging
" Never let the past hold the future to ransom "
- #109,828
- Sep 6, 2012 7:03am Sep 6, 2012 7:03am
- Joined Apr 2005 | Status: Mr. R.E. TIRED | 4,540 Posts
[quote=kill56;5989667]
nice longish weekend , we need a break we need kot kot to go with it
sounds like a great idea to me
nice longish weekend , we need a break we need kot kot to go with itsounds like a great idea to me
" Never let the past hold the future to ransom "
- #109,829
- Sep 6, 2012 7:10am Sep 6, 2012 7:10am
- Joined Mar 2010 | Status: aka QueenB | 4,808 Posts
howdy...
PA gets quite messy during Rate announcements and NFP, the levels often get out of sync....i will try and focus on my knitting and flower arranging
- #109,830
- Sep 6, 2012 7:10am Sep 6, 2012 7:10am
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
ADP in 5m
- #109,831
- Sep 6, 2012 7:12am Sep 6, 2012 7:12am
- Joined Apr 2010 | Status: Trader | 13,228 Posts
Yesterday it was a leak from the ECB that the ECB wasn't going to cut rates and that it is not going to put a bond yield cap.
A cut will have allowed the ECB "to sterilize" any bond buying, etc intervention (which is what Merkel "accepted" yesterday). While the bond yield cap was the technicality the market was/is expecting for details in the news conference in a few minutes for the bond buying.
So if those comments are right (half of it so far) the expectation is that Draghi will fall short on the details on the bond buying idea in...
- #109,832
- Sep 6, 2012 7:15am Sep 6, 2012 7:15am
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
- #109,833
- Sep 6, 2012 7:21am Sep 6, 2012 7:21am
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
8:14 AM A sign? Fire trucks have been called to the ECB offices. As far as we know, Draghi's press conference is still on for 8:30 ET
- #109,834
- Sep 6, 2012 7:22am Sep 6, 2012 7:22am
- Joined Mar 2010 | Status: Technical Fundamentalist | 11,563 Posts
Pending conversations? PM for a chat...I am mainly in OTM now
- #109,835
- Sep 6, 2012 7:25am Sep 6, 2012 7:25am
- Joined Apr 2010 | Status: Trader | 13,228 Posts
8:14 AM A sign? Fire trucks have been called to the ECB offices. As far as we know, Draghi's press conference is still on for 8:30 ET
Inserted Video
- #109,836
- Sep 6, 2012 7:29am Sep 6, 2012 7:29am
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
Yeap...Last hints before the conference ....very good ADP .... QE's fading but nothing official until NFP...check gold forming a top ...
EZ bond continue in sharp declines ...Spain 10yrs below 6's and 2yrs below 3s looks around the corner ...that in addition with the average yields in the other EZ countries will open happy/manic mode in European risk for the 1st time in almost 3 years...
sisse
are we talking about $100 move if NFP comes over 200k - #109,837
- Sep 6, 2012 7:29am Sep 6, 2012 7:29am
- Joined Mar 2010 | Status: Technical Fundamentalist | 11,563 Posts
Pending conversations? PM for a chat...I am mainly in OTM now
- #109,838
- Sep 6, 2012 7:34am Sep 6, 2012 7:34am
- Joined Mar 2010 | Status: Technical Fundamentalist | 11,563 Posts
Pending conversations? PM for a chat...I am mainly in OTM now
- #109,839
- Sep 6, 2012 7:49am Sep 6, 2012 7:49am
- Joined Mar 2010 | Status: Technical Fundamentalist | 11,563 Posts
Pending conversations? PM for a chat...I am mainly in OTM now
- #109,840
- Sep 6, 2012 7:53am Sep 6, 2012 7:53am
- Joined Apr 2011 | Status: Hiroshima and Nagasaki | 8,060 Posts
looking for investors . pm me