EURUSD

It is dedicated to all the prophets here with outstanding wisdom, 99,999999% probability and so on, and of course dedicated to all their followers

Can you spell "sarcasm"?

ok, just checked, used to live there, haven't been for awhile Navin and Bones still there

Don't ROFL at my depends please. Arf OK, Go have a good laugh session

http://www.forexfactory.com/showthre...32#post7678432


so now 200 pips in drawdown

but we stay patient, as we were with the EU trade last year

Made my day.

This pair is preparing a big upmove.
Whether it is up or down, be prepared!

Good luck to you all

why not wait another 90 minutes first, if you missed todays open, shes the only one that didnt gap, was a pretty safe trade from open , but not now keep your coins for another time maybe, r/r is not that great just now

that link says it all, probably just not for everyone.

What? You can't wait, Its Only 13 months

he seems a good contrarian indicator, I must subscribe

Anybody else seeing that the currency futures market is down?

this is design or don't you know that?

Kindly explain guru

but but but,

he plays with multi billions.......

To be fair with him and if I remember exactly he stated that he plans to buy all the way down until 6550. So we are still in his game plan, of course a billionaire plan.

Added EURAUD longs in decent size, will continue to add into 1.4150. SL 1.4000, Target 1.50, Probably going to be holding this one for a while depending on this weeks data.



If inflation is hotter than expected this week EUR is in for a ton of volatility...

1. Market seems hell bent on pushing Draghi into 'QE' when its already apparent he has been a success at getting his currency lower. His motto now is 'divergence in ECB and Fed policy'... which actually means 'The fed hikes rates while we do nothing'. This begs the question what does the EUR do against currencies where there is no divergence?

2. Seems to be confusion on what 'QE' is. Given the movement lower in EUR it looks like the market expects some Fed style massive bazooka sovereign bond buying. This really got priced in hard after the GDP numbers last week. That's not happening... if 'QE' does happen, what Draghi has spoke about is a small program to buy ABS. Even that is far off given that the market doesn't even exist in size for the program to be implemented.

3. When the BoJ implemented its QE program markets went into full bulltard mode. Spreads collapsed, global yields dropped and everyone piled into stocks in early 2013. If this has happened again in the last 6 months based on expectations of ECB QE, there may be a significant risk for carry trades if Eurozone inflation data begins to imply that the bottom is already in and the deflation threat is fading.

4. Once Fed QE ends, developed market long end yields will be 'released'. Released as in able to trade based on fundamentals once again. An interesting market dynamic during 2013 taper tantrum was the jump in long end yields seen across ALL developed markets (ex japan due to BoJ QE). Once the Fed ends QE in October, that will likely mean higher long end interest rates for the Eurozone (and UK), ESPECIALLY if inflation begins to creep back up. Higher global yields is going to weigh on the traditional carry currencies like AUD.

Lots of conditionals for this idea, but EUR short is VERY crowded...

I am bullish on the Dollar, and EURUSD could continue lower. But looking at EUR vs other pairs It doesnt really seem like losses can continue much further unless inflation actually approach 0% in the Eurozone. The Dollar rally so far has only happen against zero yielding currencies. There has been no 'shock' yet, until AUDUSD and USDZAR break out of respective ranges theres no reason to be super USD bullish... the only thing happening right now is people putting on carry trades...

im 100% right

Billionaires know better than that.

Thank you for your post....

She has moved....I only will enter if she continues.....below the low of the 4h tf....I am looking for 8052....but the 50 sma will giuide me.......same as NC and long AN