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  • #896,601
  • May 9, 2014 9:49am May 9, 2014 9:49am
Quoting Rand Yap
Looking for a long @1.3763 with tight stop. Would be hit and run affair. Don't think this move will stop till 1.3688.
5pip stop. Target 1.3782.
  • #896,602
  • May 9, 2014 9:50am May 9, 2014 9:50am
https://twitter.com/moved_average/st...248000/photo/1


EUR.... the new funding currency.


Gotta ask the longs though....(not sarscam) Why buy? is there anything technical that says buy? or are you just subconsciously pissed your not short and forcing trades to make(lose) money?
Twitter: @TrendersGame
  • #896,603
  • May 9, 2014 9:51am May 9, 2014 9:51am
Quoting Citiboy
guys... the governing council is comfortable acting next time. =sell {image}
he might just feel comfortable lying next time...actions tell more than words
  • #896,604
  • May 9, 2014 9:53am May 9, 2014 9:53am
watching 3755 atm,
those who can, do. those who cant, talk about those who can
  • #896,605
  • May 9, 2014 9:56am May 9, 2014 9:56am
I think the Draghi comments have to be put in context, and this type of stuff is only going to be realized by those that watch/analyze the press conferences have been doing so for a long time.


in the context of the question asked (when will the ecb act)

he said the "governing council is comfortable acting............NEXT TIME."

Prior to this same question he said "todays discussion, was a preview of a much bigger discussion we will have next month (on easing)"


I know this sounds lame but he usually adjusts his voice inflection when he knows hes about to drop a bomb and he did so this time. He wouldnt say this if they didnt plan on acting next month once they have the new projections. He wouldnt say it if the governing council handt cleared it.

In 2011 JCT's "bomb" was vigilant. "we are vigilant on rising inflation..." "the governing council is vigilant on price pressures..." vigilant be came the codeword for a hike at the next meeting.


Now the the new codeword is "comfortable acting..."
Twitter: @TrendersGame
  • #896,606
  • May 9, 2014 9:56am May 9, 2014 9:56am
Quoting gatorinla
watching 3755 atm,
3755 is at the 4HR 500 SMA also good for a long
  • #896,607
  • May 9, 2014 9:57am May 9, 2014 9:57am
Quoting Citiboy
https://twitter.com/moved_average/st...248000/photo/1 EUR.... the new funding currency. Gotta ask the longs though....(not sarscam) Why buy? is there anything technical that says buy? or are you just subconsciously pissed your not short and forcing trades to make(lose) money?
There is no way EUR is going to be used as a funding currency like USD with no QE. Yeah trying to catch bottoms is not good, I would just watch see it go.
Normally bottoms happen when everyone stop trying to catch the bottom
  • #896,608
  • May 9, 2014 9:58am May 9, 2014 9:58am
Quoting Citiboy
https://twitter.com/moved_average/st...248000/photo/1 EUR.... the new funding currency. Gotta ask the longs though....(not sarscam) Why buy? is there anything technical that says buy? or are you just subconsciously pissed your not short and forcing trades to make(lose) money?
3680 is a buy , based on techs .But only short term .3520 is a big buy , 38.2 fibo .EUR is in an uptrend , choppy but an uptrend by all means !
  • #896,609
  • May 9, 2014 9:59am May 9, 2014 9:59am
Keep adding longs plz, feed the bears
COT: The precious data ignored
  • #896,610
  • May 9, 2014 10:00am May 9, 2014 10:00am
EU is smashing supports like a hammer .
Get Rich or Die Tryin
  • #896,611
  • May 9, 2014 10:00am May 9, 2014 10:00am
Quoting Petiedawgs
{quote} 3755 is at the 4HR 500 SMA also good for a long
is it good for a 2 pip stop?
those who can, do. those who cant, talk about those who can
  • #896,612
  • May 9, 2014 10:00am May 9, 2014 10:00am
With EU elections in sight and anti-Euro parties growing a continuation is possible. IMHO
Per aspera ad astra
  • #896,613
  • May 9, 2014 10:01am May 9, 2014 10:01am
Quoting gatorinla
{quote} is it good for a 2 pip stop?
Placed stop around 3748
  • #896,614
  • May 9, 2014 10:02am May 9, 2014 10:02am
Quoting Citiboy
I think the Draghi comments have to be put in context, and this type of stuff is only going to be realized by those that watch/analyze the press conferences have been doing so for a long time. in the context of the question asked (when will the ecb act) he said the "governing council is comfortable acting............NEXT TIME." Prior to this same question he said "todays discussion, was a preview of a much bigger discussion we will have next month (on easing)" I know this sounds lame but he usually adjusts his voice inflection when he knows hes...
I would like to stress that being comfortable acting doesn't necessarily mean acting and there is the cheap trick.

As previously discussed, BS is the biggest weapon for ECB.
  • #896,615
  • May 9, 2014 10:04am May 9, 2014 10:04am
Promising to do whatever it takes isnt action either.


Look where we are now since then.

Inserted Video
Twitter: @TrendersGame
  • #896,616
  • May 9, 2014 10:04am May 9, 2014 10:04am
bull are like this
Attached Image
Get Rich or Die Tryin
  • #896,617
  • May 9, 2014 10:04am May 9, 2014 10:04am
Quoting hoom
bull are like this {image}
LOL
  • #896,618
  • May 9, 2014 10:06am May 9, 2014 10:06am
Quoting Citiboy
Promising to do whatever it takes isnt action either. Look where we are now since then. https://www.youtube.com/watch?v=Pq1V0aPEO3c
it takes some time for people to understand they were BSed ...we had all yesterday and half day today so I guess it's about time to wake up from the big BS
  • #896,619
  • May 9, 2014 10:08am May 9, 2014 10:08am
Why believe draghi now?
Hasnt done anything since his whatever it takes speach. Only words.
  • #896,620
  • May 9, 2014 10:09am May 9, 2014 10:09am
why people do not watch EJ and GJ? when EJ and GJ break yen support, Japanese funds are going to sell their long holdings.
ignore wackos and psychos, including myself. But I can't add myself to iggy
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