Long EURUSD- 4 pip risk
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DislikedMarket just flriting with bids below 1.37827, yet not touched them. Rumors of stops builded just below such level.Ignored
Disliked*** 3 april eurusd *** Offers 1.3970 Offers 1.3875 Offers 1.3820 Offers 1.3770 (being tested right now) Current 1.3770 Bids 1.3753 Bids 1.3642 Bids 1.3476 Looks like Mr. Euro (draghi) will be the main factor of the day, he will decide in which direction the eur must go. So, perhaps it's worth to look a little bit down into foundamentals in order to forecast what the ecb may do. Simply put, when the inflation was at 0.8% they went crazy and lowered the interest rate of 0.25%. Next few months inflation has stabilized (always 0.8%), then slowly started...Ignored
Disliked{quote} EUR/USD will be moving in range if there is no more expansive policy from ECB even if there is a hint for future rate cut-If there is any serious action from Mario draghi We will go rock and rollIgnored
Disliked{quote} Yeah personally i'm heavily short from 1.3790, in 1 hour if the ecb don't lower rates, i will get out. Why, because i have a feeling that if the rates don't go down today, the eur will start an impressive rally. No matter what draghi will say in his speech, i guess in case he's not going to lower the rates he will say that they are ready to act that they have a wide options of actions, that the economy is going good, that 0,5% inflation is close to 2%, etc. I mean the market is not stupid, today is a big exam for the ecb credibility, if...Ignored
Disliked{quote} And i say more, as for now the chances that the ecb will act today are pretty low, not because it is not the right thing to do, but because their agenda does not coincide with doing always the right thing. (the same apply for all the central banks) However, it would make technically sense to act today, and the fact that nobody is expecting it may result in a huge surprise in the case they act. In other words, there is a certain risk-reward ratio. But ok enough on this subject for today, let's get back to the order-flow way of thinking.Ignored
Disliked{quote} * not because it is not the right thing to do, but because their agenda does not coincide with doing always the right thing* ^^ can't laugh can't think. is there a right thing ?Ignored