if the PMIs are below 50 again it it should be good for the shorts
edit:
edit:
- #905,922
- Jun 23, 2014 1:59am Jun 23, 2014 1:59am
- Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts
not euphoria follower
- #905,923
- Jun 23, 2014 2:04am Jun 23, 2014 2:04am
- Joined Jun 2013 | Status: Trader by hobby not by profession | 7,045 Posts
if the PMIs are below 50 again it it should be good for the shorts edit:
precisely what I said doom man. next shocker is coming in 30 mins. if that one is below 51 or 52 euro can fall 30 pips
- #905,925
- Jun 23, 2014 2:07am Jun 23, 2014 2:07am
- | Commercial User | Joined Feb 2010 | 13,260 Posts
{quote}
- #905,926
- Jun 23, 2014 2:08am Jun 23, 2014 2:08am
- Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts
not euphoria follower
- #905,930
- Jun 23, 2014 2:11am Jun 23, 2014 2:11am
- | Joined Aug 2012 | Status: Trader, baker, candlestick maker! | 728 Posts
its a buy !
Yeah it's a "buy" the PMI shows contraction again and EURUSD it's a "buy"... I wonder since 2007 what did you learned from indicators and macroeconomical news. At least if you say something like that have the decency to give some arguments or post a chart.
Hey Max how it's going ? How was the weekend all good?
Last evening after Draghi's comments from Dee Telegraaf I said it's gonna open with a gap and it did 
, now I expect a drop to 1.3550ish and even lower, what is your take?Cheers and green pips,
VladG
- #905,931
- Jun 23, 2014 2:13am Jun 23, 2014 2:13am
- | Membership Revoked | Joined Jul 2013 | 4,068 Posts
Wherever you go, there you are.
- #905,932
- Jun 23, 2014 2:13am Jun 23, 2014 2:13am
{quote} Yeah it's a "buy" the PMI shows contraction again and EURUSD it's a "buy"... I wonder since 2007 what did you learned from indicators and macroeconomical news. At least if you say something like that have the decency to give some arguments or post a chart. Hey Max how it's going ? How was the weekend all good?
its a mistake to get too attached to the news.
- #905,933
- Jun 23, 2014 2:14am Jun 23, 2014 2:14am
- Joined Dec 2011 | Status: Trader | 4,013 Posts
{quote} that was around 3607 all I say: another one bites the dust
- #905,934
- Jun 23, 2014 2:15am Jun 23, 2014 2:15am
- | Joined Aug 2012 | Status: Trader, baker, candlestick maker! | 728 Posts
{quote} its a mistake to get too attached to the news.
And it's bigger one not to read the fundamentals and not knowing what is happening with the region of the currency that you are trading
- #905,935
- Jun 23, 2014 2:15am Jun 23, 2014 2:15am
- | Membership Revoked | Joined Aug 2012 | 8,502 Posts
{quote} next you will be telling me you are short from 3606
I always rely on good data if Germany is involved...
- #905,939
- Jun 23, 2014 2:18am Jun 23, 2014 2:18am
- | Commercial User | Joined Feb 2010 | 13,260 Posts
{quote} Yeah it's a "buy" the PMI shows contraction again and EURUSD it's a "buy"... I wonder since 2007 what did you learned from indicators and macroeconomical news. At least if you say something like that have the decency to give some arguments or post a chart. Hey Max how it's going ? How was the weekend all good?
I was already a bear for EU anyway his comments added a little time frame but nothing out of the expected really, it takes time for his measures to work through the system so I guess 3 years would have been the min expected. However, I don't think it will work as he hopes, banks simply are not lending to businesses enough and the negative rate is more likely to result in a lowering of savings rates than it is a boost to lending imo but even so I still do not think it will be enough or quick enough to get inflation etc driving in fast forward, so I would still expect to see further measures before the end of the year. just my take
- #905,940
- Jun 23, 2014 2:22am Jun 23, 2014 2:22am
- | Commercial User | Joined Feb 2010 | 13,260 Posts
{quote} Guten Morgen Herr Doom...!