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  • #940,481
  • Dec 3, 2014 5:31am Dec 3, 2014 5:31am
Quoting elbert3
{quote} waiting
Cable is doing fine though
  • #940,482
  • Dec 3, 2014 5:34am Dec 3, 2014 5:34am
I know pretty much any trader worth their salt is eyeing the ECB press conference tomorrow.

So, what are your guesses? Will the European Central Bank introduce QE? Or will they hold it off right now?

Personally, I favor the ECB not launching QE just yet, and I anticipate a small bounce upwards following the news. But overall, I expect whatever bounce to be topped out at the 1.2500 levels; I doubt it'll ever go 1.2600. Who knows;

And considering that deflation is on the horizon, I expect that QE will come in 2015 sooner rather than later.

At any rate, the only left to do is sell the bounces.
  • #940,483
  • Dec 3, 2014 5:34am Dec 3, 2014 5:34am
soooo big red number and the eurusd boumced 15 pips from low...
Dollar bulls really not giving a fuck...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #940,484
  • Dec 3, 2014 5:34am Dec 3, 2014 5:34am
Quoting mond33
{quote} Cable is doing fine though
see my plan on cable thread ,,3 trades in now locked 2 up in profit looking to break 5700
  • #940,485
  • Dec 3, 2014 5:36am Dec 3, 2014 5:36am
looking for 60 pip move up,,
  • #940,486
  • Dec 3, 2014 5:37am Dec 3, 2014 5:37am
lets have some fun.. i
the true currencies here is patience and react precisely
  • #940,487
  • Dec 3, 2014 5:37am Dec 3, 2014 5:37am
Quoting elbert3
looking for 60 pip move up,,
And ill look to load short if you get ur 60 pip up. Only thing is ill be aiming for 1.22
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #940,488
  • Dec 3, 2014 5:39am Dec 3, 2014 5:39am
Quoting mond33
{quote} Nothing seems to be able bringing the usd down... Nothing
pressure builds until enough traders get on the wrong side.
A daily candle momentarily taking near term lows and then closing up strong
  • #940,489
  • Dec 3, 2014 5:39am Dec 3, 2014 5:39am
Quoting fxtyrant
{quote} Pretty much Still growing {image}
real or demo accnt ?
  • #940,490
  • Dec 3, 2014 5:41am Dec 3, 2014 5:41am
Quoting fxtyrant
soooo big red number and the eurusd boumced 15 pips from low... Dollar bulls really not giving a fuck...
They can't. They're still waiting for the US PMI announcement at 10:00am. And while I don't put much faith into PMIs since they're privately done (and therefore susceptible to leakage), this time, it might work in favor of a bounce seeing as how everyone, includng market makers, are waiting for a bounce to sell in expectations of the ECB conference and overall rend.

So market makers might drag the price up regardless of PMI results. MY only concern is where the intraday bounce ends before the ECB conference: Does it go to 1.240? Or does it stay at the previous support, 1.2360?

And that's not even mentioning the ECB conference itself. Honestly, as much as I'd love to short prior to the ECB in expectations of a QE (and thus causing the euro to practically freefall for the day), something tells me that Europe is going to be stubborn about this and delay it as long as they can. Oh, the Euro's still in for a pounding, but I don't think it's going to be one-sided on the intraday level.
  • #940,491
  • Dec 3, 2014 5:41am Dec 3, 2014 5:41am
Quoting cobracoder
{quote} real or demo accnt ?
Real
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #940,492
  • Dec 3, 2014 5:42am Dec 3, 2014 5:42am
Quoting mied
lets have some fun..
even seller need high to sell.. n buyer need low to buy.. thats a game plan..
the true currencies here is patience and react precisely
  • #940,493
  • Dec 3, 2014 5:45am Dec 3, 2014 5:45am
Quoting fxtyrant
{quote} And ill look to load short if you get ur 60 pip up. Only thing is ill be aiming for 1.22
he might be refering to GU
  • #940,494
  • Dec 3, 2014 5:45am Dec 3, 2014 5:45am
Quoting fxtyrant
{quote} and im one of those EURUSD bears who has a set eye on EURUSD reaching parity... so how long is your long term?? because parity is around 2300 pips down... you ready to hold that for that much loss?? BTW let me give you a hint... EURUSD traded at 0.88 before
you are wrong. from this level eurusd will appreciate more that it will depreciate in the next 12 months. so 1,35 before 1,11. want to bet? for respect, nothing else
Everyone has a plan 'till they get punched in the mouth.
  • #940,495
  • Dec 3, 2014 5:46am Dec 3, 2014 5:46am
Quoting fxtyrant
dont try to catch the bottom in a bearish trend.
I'm not trying to catch a long-term bottom or care about it either. I trade intraday...most I hold a trade is 1-2 days, so I go by H1 and H4.
Everyone can see the chart, but only a few can actually read it.
  • #940,496
  • Dec 3, 2014 5:46am Dec 3, 2014 5:46am
Quoting HelloOz
{quote} he might be refering to GU
Gbpusd im actually flat...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #940,497
  • Dec 3, 2014 5:47am Dec 3, 2014 5:47am
Quoting leeon
{quote} you are wrong. from this level eurusd will appreciate more that it will depreciate in the next 12 months. so 1,35 before 1,11. want to bet? for respect, nothing else
Show me your profits so far, then we'll talk.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #940,498
  • Dec 3, 2014 5:48am Dec 3, 2014 5:48am
Quoting fxtyrant
soooo big red number and the eurusd boumced 15 pips from low... Dollar bulls really not giving a fuck...
USD doesn't respect even gravitational force obviously...lol
  • #940,499
  • Dec 3, 2014 5:50am Dec 3, 2014 5:50am
Quoting fxtyrant
{quote} Show me your profits so far, then we'll talk.
what you want me to go to google, download a picture and manipulate it in photoshop? so that is shows some massive pips? this is how i would prove to you i mean...anyone can do that or maybe export you my MT4 statement, which is in HTML formata and change the numbers? easy as pie

you said it's going to paritiy. i'm saying it's not. let's make it a bit more interesting and have a bet
Everyone has a plan 'till they get punched in the mouth.
  • #940,500
  • Dec 3, 2014 5:50am Dec 3, 2014 5:50am
and lets the fight begin.. this forum always make me smile..
the true currencies here is patience and react precisely
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