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  • #1,066,201
  • May 5, 2016 8:13am May 5, 2016 8:13am
Quoting giggsy
{quote} can i check from where u got the news from pls?
A new issue of ECB's Economic Bulletin has been published today: https://www.ecb.europa.eu/pub/econom.../index.en.html
The ISTAT's worries about Italian and EU economy slowdown were mentioned by my broker in MT4 newsfeed.
Patience is a key to joy.
  • #1,066,202
  • May 5, 2016 8:17am May 5, 2016 8:17am
Quoting TudorIoan
{quote} They do move because the news, everybody knows that, but you're right, the charts tells the story better for some of us
yes, I didn't say they don't move during news, but the guy was on about the down move this morning, there wasn't any news... of significance anyway
  • #1,066,203
  • May 5, 2016 8:24am May 5, 2016 8:24am
Quoting Don96
{quote} yes, I didn't say they don't move during news, but the guy was on about the down move this morning, there wasn't any news... of significance anyway
I see. You're only refering to the main pannel FF news. You don't bother to read more.
It's ok. Excellent. It's inherent to the ignorant guys who don't care much than "buy the dip, sell the top"
Don't care.
I refered the bearish tone launched by the big boys today in the early hours ...involving the rumour which may start the tone ...oooh, excuse me, that is not a news stuff for you to care
Member
  • #1,066,204
  • May 5, 2016 8:27am May 5, 2016 8:27am
My whole point is moves in the market aren't derived just from news. Directly.
Quoting TudorIoan
{quote} I see. You're only refering to the main pannel FF news. You don't bother to read more. It's ok. Excellent. It's inherent to the ignorant guys who don't care much than "buy the dip, sell the top" Don't care. I refered the bearish tone launched by the big boys today in the early hours ...involving the rumour which may start the tone ...oooh, excuse me, that is not a news stuff for you to care
I don't think your understanding... a move down in a currency pair doesn't have to occur because of news... whether it be an atomic bomb on Washington and new York or whether it be Unemployment etc etc. the move down hasn't been because of news.. the important news was bad and it hasn't moved... look at the daily chart and it will tell you why it went down.
  • #1,066,205
  • May 5, 2016 8:32am May 5, 2016 8:32am
Quoting Don96
My whole point is moves in the market aren't derived just from news. Directly. {quote} I don't think your understanding... a move down in a currency pair doesn't have to occur because of news... whether it be an atomic bomb on Washington and new York or whether it be Unemployment etc etc. the move down hasn't been because of news.. the important news was bad and it hasn't moved... look at the daily chart and it will tell you why it went down.
still, the price moves because the news
only you just have to balance them right
today's news were less significant than the story launched about the bigger news tomorrow
...that's why it hasn't moved
today's story about tomorrow swallowed today's less important news ...smth like that
Member
  • #1,066,206
  • May 5, 2016 8:33am May 5, 2016 8:33am
Quoting TudorIoan
{quote} still, the price moves because the news only you just have to balance them right today's news were less significant than the story launched about the bigger news tomorrow ...that's why it hasn't moved
okay if you say so
  • #1,066,207
  • May 5, 2016 8:38am May 5, 2016 8:38am
JAPAN PM ABE: VOLATILE FOREX MOVES ARE UNDESIRABLE
JAPAN PM ABE: JAPAN ISN'T ATTEMPTING TO INFLUENCE FOREX MOVES ON A PERMANENT BASIS

Nice confession. Guilty as charged.
Patience is a key to joy.
  • #1,066,208
  • May 5, 2016 8:40am May 5, 2016 8:40am
EUR/USD is likely going to form wave (5) of [3] soon ))))))

Attached Image
Trend is your the best friend. Ever
  • #1,066,209
  • May 5, 2016 8:40am May 5, 2016 8:40am
Quoting Don96
{quote} okay if you say so
ok, agree, the price moves in the market aren't derived just from news ...it moves because the PA, fibos, shoouting stars, hammers, trend lines and pivots ...I mean by the people like me who believe in that ...ok, topic end
but if we were argued a little longer I bet we would conclude that we're saying almost the same thing in the end
Member
  • #1,066,210
  • May 5, 2016 8:44am May 5, 2016 8:44am
Quoting TudorIoan
{quote} ok, agree, the price moves in the market aren't derived just from news ...it moves because the PA, fibos, shoouting stars, hammers, trend lines and pivots ...I mean by the people like me who believe in that ...ok, topic end but if we were argued a little longer I bet we would conclude that we're saying almost the same thing in the end
supply and demand.
  • #1,066,211
  • May 5, 2016 8:49am May 5, 2016 8:49am
Quoting Don96
{quote} supply and demand.
Forever. Amen!
Member
  • #1,066,212
  • May 5, 2016 8:58am May 5, 2016 8:58am
Here's the "news" for the current hour downwards movement:
China's central bank pumps more money into market, 130 billion yuan (20 billion US dollars)
Member
  • #1,066,213
  • May 5, 2016 9:03am May 5, 2016 9:03am
Quoting TudorIoan
Here's the "news" for the current hour downwards(!) movement: China's central bank pumps more money into market, 20 billion US dollars
Bingo!
Patience is a key to joy.
  • #1,066,214
  • May 5, 2016 9:07am May 5, 2016 9:07am
Told you these EU currencies don't have much upside. Some people here calling for 1.20 just like that? ridiculous
TE started 6/4/19
  • #1,066,215
  • May 5, 2016 9:08am May 5, 2016 9:08am
Quoting TeddyBearish
{quote} Bingo!
So today at market 130 blns yuan worth just 35 E/U pips on charts ?
just if we knew it before ...on new short pos. we would make millions
Quoting Marz30
Told you these EU currencies don't have much upside. Some people here calling for 1.20 just like that? ridiculous
Rahul said that ...all the time ...don't pay attention, he's a crazy hilarious clown ...he is my buddy
Member
  • #1,066,216
  • Edited 9:26am May 5, 2016 9:13am | Edited 9:26am
Quoting TudorIoan
{quote} So today's at market 130 bn yuan worth just 35 E/U pips on charts ?
The yuans are pumped into the Chinese stock and domestic financial market. On the other side dollars are pumped into forex market to defend yuan aginst sharp devaluation. I think it is suicidal. The combination of massive QE and fighting against devaluation is not sustainable.
Patience is a key to joy.
  • #1,066,217
  • May 5, 2016 9:18am May 5, 2016 9:18am
Quoting Ignat B.
EUR/USD is likely going to form wave (5) of [3] soon )))))) {image}
Wave (5) has arrived, so there's an opportunity to see an upward correction )))

Attached Image
Trend is your the best friend. Ever
  • #1,066,218
  • May 5, 2016 9:27am May 5, 2016 9:27am
Quoting TeddyBearish
{quote} The yuans are pumped into the Chinese stock market. On the other side dollars are pumped into forex market to defend yuan aginst sharp devaluation. I think it is suicidal.
God help the Chinese people ...or better only their government members ...if that guys frustrated they may rise to a much worse economical war
Member
  • #1,066,219
  • May 5, 2016 9:41am May 5, 2016 9:41am
Quoting TeddyBearish
I think, according to fundamentals, the fair price is somewhere between 1.13 and 1.14 but market is not about fundamentals only.
1.139
Welcome home, baby.
Patience is a key to joy.
  • #1,066,220
  • May 5, 2016 9:54am May 5, 2016 9:54am
Quoting Don96
{quote} 1.14384/1.14149 and 1.1390 all on my watch atm
here we are
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