EURUSD | Page 39082 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, USD/CHF

Similar Threads

MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
Exit Attachments

EURUSD

  • #781,621
  • Apr 3, 2013 6:21am Apr 3, 2013 6:21am
Quoting razoredge
i see ur avatar has a picture of you in shentzu sword dance. is ur sword style wa-do-kai?
I don't dance. I either do or don't
  • #781,622
  • Apr 3, 2013 6:21am Apr 3, 2013 6:21am
EURUSD
Quoting stevewalker
1H & 4H lokin different directions. its not smart to trade EU wrignt now I may be wrong its clearly coiling around 2800 & waiting for the this weeks news I am not tradin today trade well {image} {image}
  • #781,623
  • Apr 3, 2013 6:24am Apr 3, 2013 6:24am
Quoting ec_creep
on the yen matter, with BoJ coming up tomorrow, the bullish dollar, not being taken advantage of as I have expected, yes, uj's been weird. but wasn't that. it is just weird without you here during tokyo plain weird
Considering Nikkei gain +2.99%, yes everyone is anticipating the announcement or someone knows something.
  • #781,624
  • Apr 3, 2013 6:27am Apr 3, 2013 6:27am
Hi

gusy what do u think about the eur? i postion with the High volume ath eur eur please any person tell me his idea. i have buy at 1.2831...


thx alot
  • #781,625
  • Apr 3, 2013 6:28am Apr 3, 2013 6:28am
pa has got me allllll

and others on this thread as well it seems
  • #781,626
  • Apr 3, 2013 6:33am Apr 3, 2013 6:33am
Quoting Ken A
I don't dance. I either do or don't
Mate, you have one of the most twisted sentences I´ve ever read. Sometimes I cant believe you are American and English is your native. So do you dance or not? Take your pick!
"I know one thing, that I know nothing." Sokrates
  • #781,627
  • Apr 3, 2013 6:37am Apr 3, 2013 6:37am

  1. Further losses are on the cards following yday's rejection from 1.2878
  2. Day indicators in the process of rolling over again, albeit fm neutral levels
  3. A return to last week's lows by 1.2750 look to be on the cards next
  4. Sold into the corrective rally intraday targeting the lower Bollinger
  5. Chart: http://link.reuters.com/sux96t

Trade smaller than rational because the market is irrational...
  • #781,628
  • Apr 3, 2013 6:37am Apr 3, 2013 6:37am
Quoting Moslem.Lotfi
Hi gusy what do u think about the eur? i postion with the High volume ath eur eur please any person tell me his idea. i have buy at 1.2831... thx alot
hope you dnt mind inexperienced newbie like me giving you advice. e/u will get to 1.2855 in the next 80 minutes. you should close and sell from there.
  • #781,629
  • Apr 3, 2013 6:39am Apr 3, 2013 6:39am
Quoting razoredge
hope you dnt mind inexperienced newbie like me giving you advice. e/u will get to 1.2855 in the next 80 minutes. you should close and sell from there.
GL that 2855 number has been thrown around a couple of times today by different ppl
  • #781,630
  • Apr 3, 2013 6:39am Apr 3, 2013 6:39am
Quoting Tom_D_Trader
Target2 and covering: I keep on hearing about it since first bailout in Greece. And although you made me a bit uncertain, I believe this is how European banking system works. Deposits aint in the banks, they are just insured by "collateral" within ECB. So imo already PIIGS CBs have withdrawn quite a few billions through ELA and owe it to the system. So Cyprus is like another hit to Target2 "assets which will never be paid, should the worst happen (departure of PIIGS and/or Cyprus).

Just tell me, where does the rest of 68Bn, should...
Let me answer you very quickly: Size and bias matters.

You raise very good points Tom but IMO what I disagree in your assumptions. You are starting from a doom scenario (that havn't pan out yet):'which will never be paid", "departure of PIIGS and/or Cyprus", "ECB is basically junk". Look using CB money is not necessarily mean doom, is usually a "common" practice in monetary policy. I know this is far from common but you are assuming that the end of the EZ is next Quarter. Sure it may happen but doesn't look objective enough short term for a balance analysis.

But more importantly SIZE matters. You are prolly right that Cyprus looks very bad but from a trading perspective we care about Macro issues and in that sense those 68Bn are less than "pocket money" in the Euro/ECB context If worst comes to worst . That's why insist that the details in Cyprus are only relevant via the moral hazard (deposit losses, capital controls) for later and not if a"few billions" will make the biggest GDP block in the world collapse.

Don't get me wrong agree with most of your view in the sense that we have to track closely the potential collateral and moral hazard damage but I don't think it comes from a doom's scenario triggered by a tiny economy as premise ....


sisse

PS: @4exNinja... the tax man scanning FF prolly not ...but you don't know what google is capable of lol ...
Pending conversations? PM for a chat...I am mainly in OTM now
  • #781,631
  • Apr 3, 2013 6:39am Apr 3, 2013 6:39am
Quoting Tom_D_Trader
Mate, you have one of the most twisted sentences I´ve ever read. Sometimes I cant believe you are American and English is your native. So do you dance or not? Take your pick!
If you live by the sword, you will understand
  • #781,632
  • Apr 3, 2013 6:41am Apr 3, 2013 6:41am
Quoting Ken A
If you live by the sword, you will understand
live and die by the sword
  • #781,633
  • Apr 3, 2013 6:42am Apr 3, 2013 6:42am
Quoting msetai
die by the sword
Sorry I am not going to join you

The cheap Glock 9mm can do the job pretty well
  • #781,634
  • Apr 3, 2013 6:45am Apr 3, 2013 6:45am
Quoting Ken A
Sorry I am not going to join you The cheap Glock 9mm can do the job pretty well
Dont bring a knife to a gunfight.
Trade smaller than rational because the market is irrational...
  • #781,635
  • Apr 3, 2013 6:46am Apr 3, 2013 6:46am
Quoting Ken A
Sorry I am not going to join you The cheap Glock 9mm can do the job pretty well
tell that to a samurai!
  • #781,636
  • Apr 3, 2013 6:50am Apr 3, 2013 6:50am
have an existing long @ 45 now looking for a place to go short. May have to wait until ADP @ 815 or ISM @ 10A
Trade smaller than rational because the market is irrational...
  • #781,637
  • Apr 3, 2013 6:51am Apr 3, 2013 6:51am
my view again..!

support at 1.28101 going north 1.28438..

GL and i might be mistaken
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.PNG Size: 81 KB
  • #781,638
  • Apr 3, 2013 6:51am Apr 3, 2013 6:51am
Quoting sisse
Let me answer you very quickly: Size and bias matters.
Dont take me wrong mate, I aint doomer. In fact I expect QE cubed, expanding of CB-Union balance sheets exponentially and such a superkicking the can down the road, that we´ve never witnessed such. Well, so maybe I am doomer in the end, but not right now .

I´ve said "which will never be paid should worst happen". But I dont see it anywhere close, apart from Cyprus. Mate 45% of their GDP was banking sector. They need to rebuild industry somehow and I think devaluation is the right way. If they choose "internal devaluation" and stay within EU, their unemployment will spike to 25%.

Regarding junk collateral, I insist it is true. Partially because of EFSF fund which is AAA rated fund full of junk bonds and promises of borrowed money and has 0% haircut when used as collateral. So all the banks use it.

I am sorry, but gtg for lunch now, hope to catch you later,

Good luck,

T
"I know one thing, that I know nothing." Sokrates
  • #781,639
  • Apr 3, 2013 6:52am Apr 3, 2013 6:52am
Quoting msetai
tell that to a samurai!
Hmmmm my short bullet reach farther than long knife
Trade smaller than rational because the market is irrational...
  • #781,640
  • Apr 3, 2013 6:53am Apr 3, 2013 6:53am
Quoting EuroTraderJD
Hmmmm my short bullet reach farther than long knife
lol thats for sure
182 traders viewing now