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  • #807,081
  • Jun 11, 2013 5:38pm Jun 11, 2013 5:38pm
Well news normally don't indicate where currency go, it just tells us the time when it will go somewhere.
There is no spoon....
  • #807,082
  • Jun 11, 2013 5:44pm Jun 11, 2013 5:44pm
Quoting Msis125125
Well news normally don't indicate where currency go, it just tells us the time when it will go somewhere.

I ask bcs if the court doesn' rule OMT out it means ECB is not supported so rate cut will be certain with some uncertainty over divided EU policy and it weakens the EURO and if they rule it out it means there are more instruments with the ECB to devalue the currency so tomorrow the EURO is sell either way.
  • #807,083
  • Jun 11, 2013 5:51pm Jun 11, 2013 5:51pm
Quoting holmes
{quote} I ask bcs if the court doesn' rule OMT out it means ECB is not supported so rate cut will be certain with some uncertainty over divided EU policy and it weakens the EURO and if they rule it out it means there are more instruments with the ECB to devalue the currency so tomorrow the EURO is sell either way.

i feel other way around , if if ECB in full control it's good for euro and euro nation , if some entity can question ECB power then its bad for Euro
Mohan
  • #807,084
  • Jun 11, 2013 5:56pm Jun 11, 2013 5:56pm
Quoting SugarPink
{quote} I'm just having fun..im kidding its a joke :-)


People dont do well with jokes here -_-
All posts are my personal opinion
  • #807,085
  • Jun 11, 2013 6:05pm Jun 11, 2013 6:05pm
Quoting holmes
{quote} I ask bcs if the court doesn' rule OMT out it means ECB is not supported so rate cut will be certain with some uncertainty over divided EU policy and it weakens the EURO and if they rule it out it means there are more instruments with the ECB to devalue the currency so tomorrow the EURO is sell either way.
its like mohan said.
if OMT is ruled out then it will be a turmoil and euro down, and we go back to euro existentialist threat and so on.. a mess.
becase OMT was created to support yields on peripheral nations, if yield rises too much => countrie can't pay his obligations => it defaults => needs bailouts => a mess.

I would not worry about that OMT issue. its pretty much solved
"You're solid gold, see you in hell"
  • #807,086
  • Jun 11, 2013 7:35pm Jun 11, 2013 7:35pm
once again Nikkie / yen hold key for Asian session worth to have eye on Nikkie
Mohan
  • #807,087
  • Jun 11, 2013 7:42pm Jun 11, 2013 7:42pm
Worthless euro...just keeps trickling up...I call it the slow-death trickle...you guys know what I mean...drip, drip, drip
  • #807,088
  • Jun 11, 2013 8:00pm Jun 11, 2013 8:00pm
wow 3297 or 3325... lying st said 3297min
those who can, do. those who cant, talk about those who can
  • #807,089
  • Jun 11, 2013 9:04pm Jun 11, 2013 9:04pm
Lack of sellers.
I suspect bull resumed longer term up move. EU claimed that they will gradually recover from 3Q
You cannot learn better without losing
  • #807,090
  • Jun 11, 2013 9:35pm Jun 11, 2013 9:35pm
Quoting gatorinla
wow 3297 or 3325... lying st said 3297min
hi gator, i'm trying to compile all your posts in this thread from 3rd Nov 2008 when you joined. Would you mind if i shared it after it is complete?
it is highly likely that i'm wrong... so dont follow me!
  • #807,091
  • Jun 11, 2013 9:49pm Jun 11, 2013 9:49pm
hello peoples just in, what crappy pa today, but mr "Bear" has arrived
If you are new to Forex? Say Goodbye to your account!!
  • #807,092
  • Jun 11, 2013 9:54pm Jun 11, 2013 9:54pm
Quoting KiwiTrada
hello peoples just in, what crappy pa today, but mr "Bear" has arrived

and its about time too, been holding damn shorts for too long...
Money never sleeps...
  • #807,093
  • Jun 11, 2013 9:56pm Jun 11, 2013 9:56pm
Quoting KiwiTrada
hello peoples just in, what crappy pa today, but mr "Bear" has arrived
Bull has room to run more. Not a time to call for correction.
And if ECB behind this move then it's dreaming.
You cannot learn better without losing
  • #807,094
  • Jun 11, 2013 10:00pm Jun 11, 2013 10:00pm
Quoting forexings
{quote} Bull has room to run more. Not a time to call for correction. And if ECB behind this move then it's dreaming.


What would ECB have to gain from strengthening further the Euro?
Money never sleeps...
  • #807,095
  • Jun 11, 2013 10:16pm Jun 11, 2013 10:16pm
Quoting forexings
{quote} Bull has room to run more. Not a time to call for correction. And if ECB behind this move then it's dreaming.
I am not calling a direction, pa has trade sideways for 9hrs with barely any candle bodies, ie "dead market" equilibrium, whatever want to call it, I am just say mr Bear ie me has arrived, and I will move market for everyone

I am watching daily and weekly charts
If you are new to Forex? Say Goodbye to your account!!
  • #807,096
  • Jun 11, 2013 10:17pm Jun 11, 2013 10:17pm
Quoting KiwiTrada
{quote} I am not calling a direction, pa has trade sideways for 9hrs with barely any candle bodies, ie "dead market" equilibrium, whatever want to call it, I am just say mr Bear ie me has arrived, and I will move market for everyone I am watching daily and weekly charts
go to bed and come back when ny comes online and london goes home. in between: chop chop.
  • #807,097
  • Jun 11, 2013 10:20pm Jun 11, 2013 10:20pm
Quoting inpatient
{quote} What would ECB have to gain from strengthening further the Euro?
Hell if I know. Spent the last 30M on youtube watching old clips of Congress grilling Lehman and Goldman execs during 2008. Classic.

The only reason eurusd is where it is because of the abnormally strong correlation of the dollar and US equities. I believe it is the strongest it's ever been. Nikkei and yen is inversely correlated, as we seen yesterday but the ol' greenback and the S&P are tied at the hip.

Oh, how the CBs play games. Enjoy the pippage, but the ECB has not done anything to help the euro or it's block countries.
When the facts change I change my mind, what do you do sir
  • #807,098
  • Jun 11, 2013 10:22pm Jun 11, 2013 10:22pm
Quoting Pip Anon
{quote} Hell if I know. Spent the last 30M on youtube watching old clips of Congress grilling Lehman and Goldman execs during 2008. Classic. The only reason eurusd is where it is because of the abnormally strong correlation of the dollar and US equities. I believe it is the strongest it's ever been. Nikkei and yen is inversely correlated, as we seen yesterday but the ol' greenback and the S&P are tied at the hip. Oh, how the CBs play games. Enjoy the pippage, but the ECB has not done anything to help the euro or it's block...
And not because of the higher yield?
  • #807,099
  • Edited 10:48pm Jun 11, 2013 10:26pm | Edited 10:48pm
Quoting KiwiTrada
{quote} I am not calling a direction, pa has trade sideways for 9hrs with barely any candle bodies, ie "dead market" equilibrium, whatever want to call it, I am just say mr Bear ie me has arrived, and I will move market for everyone I am watching daily and weekly charts


well we might see a small popup before any bear waiting for yen spike (up or down) it should happen with Nikkie close

edit: looks eu will test upside gator level soon , yen and Nikkie registering a rejection
Mohan
  • #807,100
  • Jun 11, 2013 10:31pm Jun 11, 2013 10:31pm
Quoting Mr Hatch
{quote} And not because of the higher yield?
What are you referring to? EURUSD as a yield play?
When the facts change I change my mind, what do you do sir
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