{quote} This week it can go either way. On the top side we have 1.3630 and on the bottom we have 1.3295 The market has not decided which way yet... so I wait
- #70,962
- Nov 26, 2013 3:31am Nov 26, 2013 3:31am
- Joined Apr 2007 | Status: Trader | 1,522 Posts
{quote} If we get the meltdown I have been waiting for, we should see the Euro at 1.25xx by end of December, but maybe that is just me dreaming{image}
your dreaming. If there's a melton aud will sink to your 84 target first...I'm sure you won't mind that, either
- #70,963
- Nov 26, 2013 3:37am Nov 26, 2013 3:37am
- | Membership Revoked | Joined Jul 2013 | 4,068 Posts
{quote} Oh I'm not long either. That is my short entry point... if it gets there. Otherwise I am not interested.
Wherever you go, there you are.
- #70,964
- Nov 26, 2013 3:46am Nov 26, 2013 3:46am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
{quote} your dreaming. If there's a melton aud will sink to your 84 target first...I'm sure you won't mind that, either
Yes I will be happy about an 84 aud as well.
Those who say it cannot be done should not interrupt those who are doing it
- #70,965
- Nov 26, 2013 4:29am Nov 26, 2013 4:29am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #70,966
- Nov 26, 2013 5:39am Nov 26, 2013 5:39am
Major failure at today's highs on both Euro and Cable. USD back on a bid tone. I guess the stop hunters had their fill for now.
,but entered again a bit higher. WOO HOOO!
Short Euro and remaining that way. That's just the way it is !
- #70,968
- Nov 26, 2013 6:04am Nov 26, 2013 6:04am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
{quote} Well they found mine. (it was waaaay to tight really)
Those who say it cannot be done should not interrupt those who are doing it
- #70,970
- Nov 26, 2013 6:21am Nov 26, 2013 6:21am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #70,971
- Nov 26, 2013 6:26am Nov 26, 2013 6:26am
- Joined Mar 2009 | Status: Trader | 1,739 Posts
ECB cut rate news come in just few hours
Wasnt it just a speech of someone that ecb is open minded for further possible rate cuts and not actually a rate cut.
You read it wrong or understood it wrong.
Cheers
EDIT: intraday picture. Could be a start of a test to 3450? at least i keen that view... damn stubbornness is a hard thing
- #70,972
- Nov 26, 2013 6:27am Nov 26, 2013 6:27am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #70,973
- Nov 26, 2013 6:28am Nov 26, 2013 6:28am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
E/U Levels for 26th November 2013
Those who say it cannot be done should not interrupt those who are doing it
- #70,974
- Nov 26, 2013 6:39am Nov 26, 2013 6:39am
Now do you see the benefit of taking half?
Oh yes, but I do so hate giving half back......
Join me PT, not sure I understand anything. By my reckoning E/U should be below parity but like I said.......
Oh yes, but I do so hate giving half back......
{quote} Probably understand it wrong
Short Euro and remaining that way. That's just the way it is !
- #70,975
- Nov 26, 2013 6:47am Nov 26, 2013 6:47am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Now do you see the benefit of taking half?
So how can the market declare the ECB as a winner? It's easy but unlikely. They just start buying USD if/when they figure out that risk assets are forming a bubble. After the DotCom crash of 2000, you'd think they would have learned by now... but greed clouds their judgement... and so here we are in a market that is chasing yield in a bubble. Just to show you how desperate for gain the market is right now, take a look at BitCoin.
http://bitcoincharts.com/charts
Those who say it cannot be done should not interrupt those who are doing it
- #70,976
- Nov 26, 2013 7:21am Nov 26, 2013 7:21am
- Joined Nov 2012 | Status: Trader | 13,922 Posts
{quote} If we get the meltdown I have been waiting for, we should see the Euro at 1.25xx by end of December, but maybe that is just me dreaming
The More You Learn, The More You Earn.....
- #70,977
- Nov 26, 2013 7:29am Nov 26, 2013 7:29am
- Joined Nov 2012 | Status: Trader | 13,922 Posts
The More You Learn, The More You Earn.....
- #70,978
- Nov 26, 2013 8:47am Nov 26, 2013 8:47am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
{quote} That would be a melt down " 1.25xx by year end "and you already corrected yourself with the dreaming part.............keep up the good work................!
Those who say it cannot be done should not interrupt those who are doing it
- #70,979
- Nov 26, 2013 8:50am Nov 26, 2013 8:50am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #70,980
- Nov 26, 2013 4:34pm Nov 26, 2013 4:34pm
Some titillating fodder for the USD bears. Overlooked News Out Of China A Game Changer For U.S. Dollar http://seekingalpha.com/article/1862...for_2_50&ifp=0
http://ftmdaily.com/preparing-for-th...dollar-system/
