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  • #905,161
  • Jun 18, 2014 1:33pm Jun 18, 2014 1:33pm
Even some data are coming better than expected, i don't think FED will be in a hurry to do anything drastic. On the other side EUR is in very nice area of demand and it can easily go higher to 1.4 area. As EUR is weak over all, i would put my money in buying GBP which outlook is strong and very close to rate increase.

GL all!
  • #905,162
  • Jun 18, 2014 1:34pm Jun 18, 2014 1:34pm
Quoting math_GB
It didn't drop right, still some business left around 1.3520s I believe...
your comment is confusing
Get Rich or Die Tryin
  • #905,163
  • Jun 18, 2014 1:36pm Jun 18, 2014 1:36pm

Just made 2.5K in 30 minutes of my shorts EUR/TRY.

Way to go!!!!

Thanks FOMC
New voice message: Why are you calling me? If I need you, I'll call you!
  • #905,164
  • Jun 18, 2014 1:38pm Jun 18, 2014 1:38pm
Quoting Vachus
Yellen, will u tell us if we should worry about the prospects of the American economy?! ... i'm terribly worried
welcome back
  • #905,165
  • Jun 18, 2014 1:38pm Jun 18, 2014 1:38pm
Janet: blah blah blah and more blah blah blah says the "committee"
  • #905,166
  • Jun 18, 2014 1:39pm Jun 18, 2014 1:39pm
Focus, Patience, Determination & Order in chaos
  • #905,167
  • Jun 18, 2014 1:41pm Jun 18, 2014 1:41pm
they just try too hard to not rock the boat lol
Twitter: @TrendersGame
  • #905,168
  • Jun 18, 2014 1:41pm Jun 18, 2014 1:41pm
I don't know why but I can't stand her, starting with the office with the pressure putting on the dovish effects, another muppet puppet or a former lobby maker for the big hedgefunds.
Back to EURUSD, I see 1.358 holding strong, will add more shorts after her mombojombo speach.
  • #905,169
  • Jun 18, 2014 1:42pm Jun 18, 2014 1:42pm
Quoting Citiboy
they just try too hard to not rock the boat lol
In a way its good I guess.. I hate unexpected spikes
Focus, Patience, Determination & Order in chaos
  • #905,170
  • Jun 18, 2014 1:42pm Jun 18, 2014 1:42pm
Quoting math_GB
It didn't drop right, still some business left around 1.3520s I believe...
...
  • #905,171
  • Jun 18, 2014 1:49pm Jun 18, 2014 1:49pm
now we have a new resistance levels 1.3590 levels and its holding the price very strong
  • #905,172
  • Jun 18, 2014 1:49pm Jun 18, 2014 1:49pm
Quoting theXfiles
{quote} ...

Hey man
I am on the long side, no worries.

@Hoom

I meant the drop was not ideal for a bull run, would be much nicer had it dropped to 1.3510 - 1.3520s and clear all weak longs. That is all.
  • #905,173
  • Jun 18, 2014 1:50pm Jun 18, 2014 1:50pm
Hi i am new and i want to retire at 30. show me how to trade EU.
Do not wait to strike till the iron is hot; but make it hot by striking.
  • #905,174
  • Jun 18, 2014 1:50pm Jun 18, 2014 1:50pm
SP500 returning to previous highs.... As long they print there is no stopping it !
Cheers!!
  • #905,175
  • Jun 18, 2014 1:50pm Jun 18, 2014 1:50pm
Attached Image
Focus, Patience, Determination & Order in chaos
  • #905,176
  • Jun 18, 2014 1:52pm Jun 18, 2014 1:52pm
Quoting KillerWhale
Just made 2.5K in 30 minutes of my shorts EUR/TRY. Way to go!!!! Thanks FOMC
nice ride buddy !
Get Rich or Die Tryin
  • #905,177
  • Jun 18, 2014 1:53pm Jun 18, 2014 1:53pm
I am short from 1,3580 .

Although the targets of groft has been reduced the quantitative easing is going towards an end and will make the USD rise. at least in the future
  • #905,178
  • Jun 18, 2014 1:54pm Jun 18, 2014 1:54pm
Quoting saver0
{image}
  • #905,179
  • Jun 18, 2014 1:54pm Jun 18, 2014 1:54pm
Quoting math_GB
{quote} Hey man I am on the long side, no worries. @Hoom I meant the drop was not ideal for a bull run, would be much nicer had it dropped to 1.3510 - 1.3520s and clear all weak longs. That is all.
yeah but those levels where tested twice and a it is too dangerous for bulls that price reach that zone as it could break down if bears put the pressure on.
Get Rich or Die Tryin
  • #905,180
  • Jun 18, 2014 1:54pm Jun 18, 2014 1:54pm
this is why forward guidance is bullshit, its asymmetric as hell.

If we need to be dovish trot out the forward guidance



if we need to be hawkish.... *crickets*

the policy is only used in one direction.
Twitter: @TrendersGame
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