DislikedFed keeps rates steady reduces QE by USD 10b, says econ activity has rebounded in recent months, household spending appears to be rising, inflation running below objective but expectations stable, may keep FF rate below normal for some time once inflation/employment ear levels in line w/mandate FOMC Fed funds rate (Dots) at end'15 1.125 v 1%, end '16 2.50 v 2.25%, LT 3.75 v 4% FOMC GDP growth in '14 +2.1 to 2.3% v 2.8 to 3% Yellen downward revision in'14 growth outlook largely due to poor Q1 results, recent reading on CPI have been on the high side,...Ignored
- #905,242
- Jun 18, 2014 7:22pm Jun 18, 2014 7:22pm
- Joined Oct 2013 | Status: Trader | 1,929 Posts
Clean channel heading towards 1.3600. 
If u luv happiness, start w/ discomfort, make friends w/ pain and failure.
100 Hits 0 Miss All Time Return:
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- #905,244
- Jun 18, 2014 8:20pm Jun 18, 2014 8:20pm
- Joined Oct 2008 | Status: sideline is a position | 105,124 Posts
those who can, do. those who cant, talk about those who can
- #905,245
- Jun 18, 2014 8:25pm Jun 18, 2014 8:25pm
- Joined Aug 2009 | Status: Trader | 12,448 Posts
Clean channel heading towards 1.3600.{image}
If you are new to Forex? Say Goodbye to your account!!
- #905,246
- Jun 18, 2014 8:38pm Jun 18, 2014 8:38pm
- Joined Oct 2008 | Status: sideline is a position | 105,124 Posts
{quote} was 3599 not close enough
those who can, do. those who cant, talk about those who can
- #905,248
- Jun 18, 2014 9:46pm Jun 18, 2014 9:46pm
- Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts
They already gave the clue .........
not euphoria follower
- #905,249
- Jun 18, 2014 9:47pm Jun 18, 2014 9:47pm
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
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- #905,252
- Jun 18, 2014 10:01pm Jun 18, 2014 10:01pm
- Joined Aug 2012 | Status: Love for all; Hatred for none | 3,566 Posts
Love for all; Hatred for none.
- #905,253
- Jun 18, 2014 10:05pm Jun 18, 2014 10:05pm
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
I only see bearish flag pattern in H1 & descending triangle in H4...
I don't see them but maybe that's because a girl is undressing in my hotel room here.
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- #905,254
- Jun 18, 2014 10:08pm Jun 18, 2014 10:08pm
- Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
The Thief of Wall Street
- #905,256
- Jun 18, 2014 10:15pm Jun 18, 2014 10:15pm
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
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- #905,257
- Jun 18, 2014 10:16pm Jun 18, 2014 10:16pm
- Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
{quote} Perhaps rejection @ 1.3614 D1-EMA200...
3698
3652
3650
3637
3630
3562
3539
3499
The Thief of Wall Street
- #905,258
- Jun 18, 2014 10:17pm Jun 18, 2014 10:17pm
- Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
The Thief of Wall Street
- #905,259
- Jun 18, 2014 10:25pm Jun 18, 2014 10:25pm
- Joined Aug 2009 | Status: Trader | 12,448 Posts
{quote} 3601/02+ open before drop is good enough for me
this is retrospective analysis, so absolutely worthless, but devil is always in the detail
this is clean eu 4hr chart, purely cause I like keep looking at May "sell off"
anyway 1st arrow, was may sell off & rejection of resistance, of course forex wouldnt be forex without a nasty spike up
I did post in april she should show her hand by 10th May, 2nd arrow is bears consuming buyers and eventually dumping (red arrow), my guess is 3535ish was bears may target, and accordingly there was profit taking & bull entering , more so profit taking, because the bears have faded the bounce already, and now bulls are trying to defend the recent lows, I also posted theses lows 3535ish would have been ok to be looking to buy, and I dont even buy this trollop, I also added buyers needed a condom, because fed involved, anything can happen, anyway bulls are trying to gain traction in rising channel, my warning right now is dont forget the dump and bounce to the left was bears profit taking more than actual bulls entering, so this rising channel "could" turn into a bear flag, right now 3585 - 3600 is key, I also have a monthly level 3596 in there, not for buyer or seller, cause both have merit, I will stick out my neck and say any drop from where she is now will end very very badly for bulls, my eyeball will be on reaction at 3535ish, my 2 cents worth, off course will be completely wrong time always tells
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- #905,260
- Jun 18, 2014 10:26pm Jun 18, 2014 10:26pm
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
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