I just dont know how you people fight with negative SWAP ?! Its killing me
- #11,823
- Edited 2:58am May 13, 2014 2:42am | Edited 2:58am
- | Joined Oct 2011 | Status: Trader | 1,247 Posts
- #11,826
- May 14, 2014 3:00pm May 14, 2014 3:00pm
Wat a BS day for EC that would not end for good
. 3-5 pip movement!!!
Enjoyed longing Gold and the Yieldings besides shorting Sterling. Others were not worth to trade.
. 3-5 pip movement!!!Enjoyed longing Gold and the Yieldings besides shorting Sterling. Others were not worth to trade.
Trade according to current market condition, not what you think would be.
- #11,827
- Edited 1:07am May 15, 2014 12:40am | Edited 1:07am
- | Joined Oct 2011 | Status: Trader | 1,247 Posts
- #11,830
- Edited 7:20am May 15, 2014 3:00am | Edited 7:20am
- | Joined Oct 2011 | Status: Trader | 1,247 Posts
OK, it's time to break 1.2210!!!! now now now and fly to 1.25 !!!
I think it needs to break 1.22540 before we get to excited
CHF weakening on talk of SNB raising EURCHF floor
Another bs move coming from eur/chf.
wow thats all i can say
- #11,832
- May 15, 2014 8:28am May 15, 2014 8:28am
Heard my dogs bark in a musical song "floor raise"
Wat a bunch of stupid manipulators, when it goes to 1.2230 all become men, have a loud voice to speak!
I want to read or hear such voices now!! Ridiculous story repeated
Not longing before 1.2175-85, will not be surprised if it crashes 1.2170 too
Wat a bunch of stupid manipulators, when it goes to 1.2230 all become men, have a loud voice to speak!I want to read or hear such voices now!! Ridiculous story repeated
Not longing before 1.2175-85, will not be surprised if it crashes 1.2170 too
Trade according to current market condition, not what you think would be.
- #11,833
- May 18, 2014 11:09pm May 18, 2014 11:09pm
EC Bulls must be prepared for a dip to the 1.2110s or even 1.2010-50 if it breaks 1.21
There are many factors that will accompany the drop like ECB applying negative rates in June(even a cut in rate will do some shaking), SNB meeting will be two weeks after ECB decision, there's time for the drop before a spike or maybe intervention by the SNB in its June meeting. I don't think that the market is ready to take EC anywhere even up 1.2250 before that time. Longs are located now at 1.2190s followed by 1.2170s under normal market conditions
Notice UJ nearing a very strong support just above 101, a break and there's no support before 100 psychological level.
We are heading from now till a month time to a very dangerous market movement, BE AWARE!
The more horrific may come from the political side that will be the real danger as there are serious talks about Russia, China, and other Bric Countries will stop dealing with the dollar in its trades. I believe this will leave big consequences on currency trading and particularly UC and UJ(EC will follow too).
Don't like to sound pessimistic, but it's always wise to take cautious measures in such situations
There are many factors that will accompany the drop like ECB applying negative rates in June(even a cut in rate will do some shaking), SNB meeting will be two weeks after ECB decision, there's time for the drop before a spike or maybe intervention by the SNB in its June meeting. I don't think that the market is ready to take EC anywhere even up 1.2250 before that time. Longs are located now at 1.2190s followed by 1.2170s under normal market conditions
Notice UJ nearing a very strong support just above 101, a break and there's no support before 100 psychological level.
We are heading from now till a month time to a very dangerous market movement, BE AWARE!
The more horrific may come from the political side that will be the real danger as there are serious talks about Russia, China, and other Bric Countries will stop dealing with the dollar in its trades. I believe this will leave big consequences on currency trading and particularly UC and UJ(EC will follow too).
Don't like to sound pessimistic, but it's always wise to take cautious measures in such situations
Trade according to current market condition, not what you think would be.
- #11,836
- May 19, 2014 4:57pm May 19, 2014 4:57pm
@Plofkip Cool down, think first, don't let your emotions interfere. If wanna act similarly would say damn the whole soviet union blah blah blah.
Leads to nowhere. Not dealing with the dollar have many side effects, demand on Euro is not sure, investors would prefer buying yen and swiss franc as the classical safe haven currencies, that will drop EC quickly. If Euro strength would mean EC up,why is it only 1.22 now ?
Not a year or more ago, but last January EC was at 1.24, this shows what a great trader you are, having a long at 1.23(as you say!!) and had not exited it!
Anyway, having your best goal to double your account every 2 years say it all
Pros think and work on doubling it each month or so
Absolutely, Amsterdam lovely city enjoyed it much with its beautiful hotties
Leads to nowhere. Not dealing with the dollar have many side effects, demand on Euro is not sure, investors would prefer buying yen and swiss franc as the classical safe haven currencies, that will drop EC quickly. If Euro strength would mean EC up,why is it only 1.22 now ?
Not a year or more ago, but last January EC was at 1.24, this shows what a great trader you are, having a long at 1.23(as you say!!) and had not exited it!
Anyway, having your best goal to double your account every 2 years say it all
Pros think and work on doubling it each month or soAbsolutely, Amsterdam lovely city enjoyed it much with its beautiful hotties
Trade according to current market condition, not what you think would be.
- #11,837
- May 19, 2014 5:20pm May 19, 2014 5:20pm
@JamesCaan I believe the war of currencies is yet to come. It would be accompanied by a big political change move!
Really don't care if EC would spike from now till next month ECB and SNB to 1.25 Don't like to live on hopes but being realistic is important in trading.
Other bulls who are longing now or have separate long positions from 1.22 to 1.24 will be affected heavily by any reckless ECB and SNB decision, even if EC does not break 1.20 in the time being and hold around that area, while my worst night dream or loss if EC keeps climbing up from here, not going to my long targets from 1.21 down to 1.2010 would simply be NO TRADE Lots reserved for EC to go up 20-30 pip(at best) per day are being spent on other more interesting pairs
I'll not be surprised if EC unexpectedly keeps going against my desire like it's doing now around 1.2230s(still under control as long as under and not forming a bullish movement from 1.2250), it will go down again much harder in June.
Easy Equation: Up before June decisions means down at June, down before June decisions means up after it.
I think and feel EC may go nowhere until SNB decides to remove the floor, unless it decides to raise it!
To tell a secret, many internal sources from brokerage firms LP's big banks have the same thoughts, and it doesn't come from no info
Anyone doubted, what if EC goes back to 1.20-1.21 staying there, and for whatever reason after sometime SNB says it's time to remove the peg, the economy views are positive..etc What was bad yesterday might not be today. Got the idea
I might turn out right or wrong but when am right am gaining a lot
and when am wrong am loosing a little or nothing, only because I know when to apply my safety measures
Really don't care if EC would spike from now till next month ECB and SNB to 1.25 Don't like to live on hopes but being realistic is important in trading.
Other bulls who are longing now or have separate long positions from 1.22 to 1.24 will be affected heavily by any reckless ECB and SNB decision, even if EC does not break 1.20 in the time being and hold around that area, while my worst night dream or loss if EC keeps climbing up from here, not going to my long targets from 1.21 down to 1.2010 would simply be NO TRADE
Lots reserved for EC to go up 20-30 pip(at best) per day are being spent on other more interesting pairsI'll not be surprised if EC unexpectedly keeps going against my desire like it's doing now around 1.2230s(still under control as long as under and not forming a bullish movement from 1.2250), it will go down again much harder in June.
Easy Equation: Up before June decisions means down at June, down before June decisions means up after it.
I think and feel EC may go nowhere until SNB decides to remove the floor, unless it decides to raise it!
To tell a secret, many internal sources from brokerage firms LP's big banks have the same thoughts, and it doesn't come from no info
Anyone doubted, what if EC goes back to 1.20-1.21 staying there, and for whatever reason after sometime SNB says it's time to remove the peg, the economy views are positive..etc What was bad yesterday might not be today. Got the idea
I might turn out right or wrong but when am right am gaining a lot
and when am wrong am loosing a little or nothing, only because I know when to apply my safety measures Trade according to current market condition, not what you think would be.
- #11,840
- May 20, 2014 12:29pm May 20, 2014 12:29pm
{quote} Er, because the EUR is not strong now? It's high against the USD not because the EUR is strong but because the USD is weak, as a result of the Fed printing money (while the ECB did not). I do take your point though about the effects (or the short term effects) of a coordinated BRICS move away from use of the USD as trade/reserve currency. Personally, I do not believe that a coordinated shift of this sort is likely to take place, but sentiment is fact over the short term and rumours of it could have flight-to-safe-haven repercussions. The...
Only a f**l and nerd pays for sex. Every man must know his value and whatever the beauty is seductive, he's the GIFT
Trade according to current market condition, not what you think would be.