EURUSD

Thanks for your posts:

This bear has been hibernating for a while, but now is opening one sleepy eye. News events in twenty minutes, now. What are they going to say, and how are the markets going to act to them? Both questions should be considered. The real value of news events happens when they surprise, then we watch the markets. Sometimes they ignore the surprise, even move against it. Sentiment is very strong the other way. Sometimes the market acts like it just needed the excuse to fall like a rock, soar like a jet. Here it has revealed its true colors.

Whether you decide to trade the news or not. It is worthwhile to watch the news and think on the actions the market takes to it.

What happens to the volumes (tell you you have an eye on the volumes!)? How much does the spread increase and for how long? View all with suspicion and ruminate. Make a decision, monitor the results, and reflect on them.

Don't get so busy calculating numbers that you miss the big picture, and remember:

A margin call is a terrible thing!!

I would say I dont think CPI is connected to tapir anymore, as there will be no such thing. But what do I know? I dont trade news actually, just watching. GL.

edit: thinks those very good sales mean tapir so they shorted? Laughable.

is anybody else getting a divergence ?

that's funny money. prorealtime simulator.

I know was joking...I hope you are far further

i think this mofu mofu is building a bearish building at 15m.

Like what divergence? I can show you 100 momentums and MACDs and some of them will have divergence for sure. Post us a chart with your divergence. Many and many divergences can be seen. Ah, you can also explore divergence on RSI, and hmmm, maybe somwhere else, but I actually dont care.

edit: hah, what a move. I knew its nonscence with that tapir.

Well, here comes the roller coaster, and we'll see some north aiming shots on EUR/USD graph today yet.

thank you


just woke up from hibernation looking for 135.94 then short. no position atm

Stopped out of big shorts at BE, re shorted at 1.3540

My ten minute read on market reaction to the CPI news is "Meh.! let's wait for the ten oclock news."
I managed a scalp of the rebound back toward mean on the Aussie.

The euro is going the wrong way from the news: UP: not a good indication for a bear.

A margin call is a terrible thing!

whats happening?

some big guys preparing for FOMC Minutes?

Maybe PA doesnt want to get too far from current range pre FOMC?

edit: Go Boy go . I have just deleveraged a bit. Have been on 80:1 and move deleted 10 out.
edit 4 CityBoy again: FT is great, isnt it? Funny how they always include warning they r gonna sue your ass if you copy paste, which you just did . I always, when copy paste em, include a link. May be better, the´r doing good job and deserve this little respect.

EUR/USD sees an uptick in recent trade with touted real money buying in the pair at 1.3535 behind the latest bid tone, but with the 50DMA above at 1.3545; trades 1.3536 last (-24 pips)

SOURCE: FINANCIAL TIMES

MARKETS
Retail sales + inflation data = muted market reaction


6 minutes ago
The two blasts of US economic data released this morning pull financial markets in opposite directions.
A stronger than expected retail sales report for October will fan the conviction of those who believe the Federal Reserve will slow its stimulus plan before March, which is the current consensus. Sales climbed 0.4 per cent against a forecast of 0.1 per cent.
However, a decline in consumer prices during October - they fell 0.1 per cent from September - gives ballast to those arguments that the US central bank is in no hurry to ease its bond-buying programme. The drop in October, left the annual rate of inflation running at 1 per cent.
The data has left:

1. The yield on the ten-year US Treasury bond up 3 basis points to 2.72 per cent
2. The dollar little changed at $1.3536 against the euro
3. Equity markets in Europe little changed and US futures hanging onto their modest gains

Markets, Companies

nice. only 5 hours of watching this BS tick around until 2pm.

The FED has said over and over that the unemployment rate is the key factor as well as keeping an eye on inflation. If inflation is low and unemployment is high, I don't see any real reason for the FED to taper. With that being said, the eurozone is a mess and it's only going to get worse. Once the mask starts to come off and ECB starts acting, we will see this pair come down hard. Until then with no taper in sight, I see this pair continuing where its at or even slightly bullish in the short term.

now whatup until the meeting minutes

One thing I will simply never understand about modern central bankers is why they think asset purchases will make inflation go up...


Its hard to increase inflation when the countries that manufacture everything are the emerging market nations that have strict currency controls.

G's not around. gator, i summon u!