EurAnalysis

Quoting PipTrapper

Disliked

{quote} Good morning Milam... or in your case, good afternoon

Ignored

Quoting PipTrapper

Disliked

{quote} If you want to see why E/U is going up, you only have to see that USD is flat and the E/J is rallying. This is not only about economics. This is about central bank meddling... More specifically the BOJ and the Fed because the ECB is doing nothing. Japanese banks are now buying Eurozone sovereign debt and other european assets instead of japanese gov bonds.

Ignored

Quoting lumesh

Disliked

{quote} here's an USDX chart. Sits at the bottom of it's uptrend range and has created a multitouch downward sloping trendline. It feems (feels and seems) that the range should be stronger than the trendline so a cascading effect is on the cards should the trendline break. Similar scenario played out last week, lets see how this one reacts. {image}

Ignored

Quoting PipTrapper

Disliked

EurAnalysis back in the top 5 threads and approaching 10 million views in only 26 months {image}

Ignored

Quoting PipTrapper

Disliked

{quote} If you are already "hedged", then it may be a good idea to leave it like that until we see how the news plays out today and which short term direction the Euro will choose. In the mid term the Euro is bearish vs the USD. Actually very bearish. The tide is turning. Of course this is only my opinion. I could be wrong. I have been wrong before and I am sure I will be wrong again, but as long as I am right more than I am wrong, I will be okay

Ignored

Quoting PipTrapper

Disliked

EurAnalysis back in the top 5 threads and approaching 10 million views in only 26 months {image}

Ignored

Quoting moreno

Disliked

{quote} thank you for your solution, i appreciate it

Ignored

Quoting PipsMaster23

Disliked

Are the Americans trading today or is there a holiday? Anyway, last day of month, do we get a sell off or do we rally, im betting on a rally Btw, congrats: EurAnalysis back in the top 5 threads and approaching 10 million views in only 26 months

Ignored

Quoting PipTrapper

Disliked

EurAnalysis back in the top 5 threads and approaching 10 million views in only 26 months {image}

Ignored

Quoting PipTrapper

Disliked

US Dollar chewing through demand. Not good for Euro bears. 1.3650 here we come. {image}

Ignored

Quoting Mr. Scott

Disliked

{quote} That is perfect Gartley.

Ignored

Quoting PipTrapper

Disliked

Hey Scott. I'm looking to short gold if we get to 1280 What do you think? Gold H1 {image}

Ignored

Quoting Citiboy

Disliked

Why do folks on this forum refer to 'the banks' as some shadowy entity that steals all your money and is never wrong. The guys that you are REALLY trading against are as follows... Retail and Bank Positioning isnt even in the picture. Banks mostly only trade for other folks... and runs stops to make 3 pips here and there.

When a move is starting, the players move as follows:

Smart Money/ Discretionary Hedge Funds get on board to express a view, usually before the move is apparent.
Systematic/Model Driven hedge funds jump onto the small momentum created as price beings to move
Real Money/Pension Funds start a portfolio reallocation that really starts the move in earnest
More Systematic/Model Driven hedge funds jump onto the small momentum created as price continues to move
'Dumb' Corporates start hedging their exposures usually near the end of the move

At this point, the discretionary hedge funds probably started to get on board during the original move from 1.37 to 1.34, and are likely loading up agian here above 1.36. The real move will not get started until a portfolio reallocation is triggered, which could be sparked by the ECB meeting or NFP print next week. At some point its idiotic to continue holding billions in overvalued Spanish and Italian bonds and equities while Fed is about to withdraw its QE program that has been such a support mechanism for these periphery European assets.

Ignored