EURUSD

um missed for now, but target still stands.

i think the smart guys are short 1.32 :-? ( kbmoon , doom , etc )

edit : i wait 40 minutes , don't want to blow another account .

simple words better to stay away . if somebody saves the capital or even a part of it ( depending on their mm ) then that person is the winner of the day .

retailers are played by media

What I see is that Draghi and their team have a plan.
Euro will go higher on press conference.

I think is a mistake at first glance. In order to work it need additional measures to make the transmission process useful for the actual economy. Otherwise is just pure "peer"/political pressure and that is usual bad. The ECB has been the only one serious so far. Let see what Draghi has to say. If the ECB adds and wrap up the cut with some smart new and effective non standard measure I may reconsider my view...otherwise is just using the few last ammo in the arsenal left for nothing ...

We'll see in a few. Meanwhile, FED (BOJ, BOE and all expect ECB) in unlimited free money mode and Euro without the expectation of a rate cut so just ride the pig until it blow via inflation ...

sisse

BTW . Watch UJ . Will have some fun until ECB :X

Buying area...5mn...well at least to me.
Next downside is 1,3075

Upside ? New highs.

I guess it's on its way

Unless the 5mn reversed candle is a faked one...it'd be on gigantic fake one then.

I just dont like not having my 1,2895-1,2925 area.

who's buying this shit?

1.311x rejected so far still looks like 1.336x for the upside, but 1.319x is still causing som troubles ..

short ... from1.3200... sl1.3243...tp 1.3100..........

ECB Live webcast link

http://www.ecb.int/press/tvservices/...130502.en.html

2:30 CEt, which is 30 mins from this post.

i'm one of those who buying this shit,
but the taste of this shit is like 'easily 40 pips"

http://www.bloomberg.com/tv/europe/

Bloomberg says there will be a rate cut..

If you are wondering why is it going higher on a ECB rate cut, is becase that rate cut is aiding some new measures that Draghi will present on press conference.

Not a big deal here. I am still starting as full time trader, so when there is situation in market i wasnt expecting, I wait on sidelines. No problem to be working 2 weeks as gardener . I am very bearish on USD. I dont want to be short this pair. But even if I wanted to be short and totally changed my plan, I would be waiting for ,3388. So, flat for me for a while.

well what sort of trader would buy euro after the rate cut?

Pathetic... entered short after ratecut news but crap decided to go up... like, WHY? Who the f*** buys this shit? Is ECB massivly manipulating the price even after the ratecut? I don't know... bull**** I say.