German manufacturing PMI april: 48.1 vs 47.9 exp
- #793,602
- May 2, 2013 2:57am May 2, 2013 2:57am
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
{quote} It is like it wants to head down. Close my long -1 pip. It can go to the 1,317x though
Mohan
- #793,603
- May 2, 2013 2:57am May 2, 2013 2:57am
7:55 AMApr, 2013http://abasic.econoday.com/images/flags/germany.gif DE
MI Manufacturing IndexLevel prev 49.0 forcast 47.9 actual 48.1
MI Manufacturing IndexLevel prev 49.0 forcast 47.9 actual 48.1 - #793,604
- May 2, 2013 3:01am May 2, 2013 3:01am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
{quote} may be profit taking going on , looks no one interested in opening trade before ecb
Out of topic, have you seen that impressive, but sad, crash plane in Afghanistan video?
COT: The precious data ignored
- #793,605
- May 2, 2013 3:01am May 2, 2013 3:01am
- | Membership Revoked | Joined Feb 2013 | 1,307 Posts
"You're solid gold, see you in hell"
- #793,607
- May 2, 2013 3:04am May 2, 2013 3:04am
- | Joined Jan 2012 | Status: Trader | 1,086 Posts
Time to nail your colors to the mast and give your opinion. Rate cut or no rate cut, reasons?
I'm going for no rate cut, ECB will want to keep this particular policy tool in reserve imo. Think it will take more bad data combined with a eurozone crisis flare up to trigger a rate cut.
Weidmann said last week Germany is doing fine, Merkel said Germany would actually benefit from a higher rate. The ECB can claim independence but we all know the Germans have the final say
I'm going for no rate cut, ECB will want to keep this particular policy tool in reserve imo. Think it will take more bad data combined with a eurozone crisis flare up to trigger a rate cut.
Weidmann said last week Germany is doing fine, Merkel said Germany would actually benefit from a higher rate. The ECB can claim independence but we all know the Germans have the final say
- #793,608
- May 2, 2013 3:06am May 2, 2013 3:06am
{quote} Yes i'm done for this morning, waiting for ECB now. Out of topic, have you seen that impressive, but sad, crash plane in Afghanistan video?
saw many moovies with plane crashes... but like in real life... shocking really. RIP
- #793,609
- May 2, 2013 3:08am May 2, 2013 3:08am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
Time to nail your colors to the mast and give your opinion. Rate cut or no rate cut, reasons? I'm going for no rate cut, ECB will want to keep this particular policy tool in reserve imo. Think it will take more bad data combined with a eurozone crisis flare up to trigger a rate cut. Weidmann said last week Germany is doing fine, Merkel said Germany would actually benefit from a higher rate. The ECB can claim independence but we all know the Germans have the final say
So no cut, and a move down to 1,2900...to head back to 1,4000 in the months to come
I wouldn't do it for real though
COT: The precious data ignored
- #793,610
- May 2, 2013 3:11am May 2, 2013 3:11am
- | Membership Revoked | Joined Feb 2013 | 1,307 Posts
Time to nail your colors to the mast and give your opinion. Rate cut or no rate cut, reasons? I'm going for no rate cut, ECB will want to keep this particular policy tool in reserve imo. Think it will take more bad data combined with a eurozone crisis flare up to trigger a rate cut. Weidmann said last week Germany is doing fine, Merkel said Germany would actually benefit from a higher rate. The ECB can claim independence but we all know the Germans have the final say
Besides being useless cutting little tiny rates at this point, I think ECB will focus on alternative measures. In the possibility of a rate-cut it would be only to 'aid' those measures, but in all is euro positive and euro will go up.
"You're solid gold, see you in hell"
- #793,611
- May 2, 2013 3:13am May 2, 2013 3:13am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
{quote} I accidentally cought it in the TV news yesterday, and I was like shocked with that footage...
COT: The precious data ignored
- #793,612
- May 2, 2013 3:13am May 2, 2013 3:13am
Time to nail your colors to the mast and give your opinion. Rate cut or no rate cut, reasons? I'm going for no rate cut, ECB will want to keep this particular policy tool in reserve imo. Think it will take more bad data combined with a eurozone crisis flare up to trigger a rate cut. Weidmann said last week Germany is doing fine, Merkel said Germany would actually benefit from a higher rate. The ECB can claim independence but we all know the Germans have the final say
- #793,613
- May 2, 2013 3:13am May 2, 2013 3:13am
- | Joined Jan 2012 | Status: Trader | 1,086 Posts
{quote} Hard to tell, but for fun i'm doing a gamble paper trade just to see if i was right. So no cut, and a move down to 1,2900...to head back to 1,4000 in the months to come
- #793,616
- May 2, 2013 3:16am May 2, 2013 3:16am
- Joined Oct 2012 | Status: Chart can tell you everything! | 1,721 Posts
- #793,617
- May 2, 2013 3:17am May 2, 2013 3:17am
{quote} I go for no rate-cut and already bought. Besides being useless cutting little tiny rates at this point, I think ECB will focus on alternative measures. In the possibility of a rate-cut it would be only to 'aid' those measures, but in all is euro positive and euro will go up.
Lets hope for both our sakes Id reely love to make 1000$ + today
then I can pay my Loans 
here comes the money... there goes my money
Moneys like a ghost that comes to visit every pay day...
{quote} Scary stuff indeed, sad
