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  • #143,001
  • Sep 8, 2016 4:38am Sep 8, 2016 4:38am
Quoting Sa7an
-> LMT SELL 1.122x [check] -> TP1 => 1.112x | STP > 1.132x with inline Pharm0r suntan ExForX goosebone clayjay Earleone nutts CommercialB NorthTrader...
Hmmm - ECB in 2 hrs - have your expectations changed? Has the plan changed?

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  • #143,002
  • Sep 8, 2016 5:11am Sep 8, 2016 5:11am
Crunch time??

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  • #143,003
  • Sep 8, 2016 6:19am Sep 8, 2016 6:19am
The views from economists is interesting but need to take it with a truck load of salt lol.

https://www.efxnews.com/story/33975/...10-major-banks
  • #143,004
  • Sep 8, 2016 6:56am Sep 8, 2016 6:56am
Right on time for ECB. Euro clearing 1.128x ...very well done all those longs in iteration 20. A quick update and the usual decision time.


Quoting sisse
.. +++++Iteration 20 +++++ Euro currently trading @ 1.120x "Survival of the fittest | Winners take all" update 1 (0 hours 0 days) ->

+++++Iteration 20 +++++

Euro currently trading @ 1.130x

"Survival of the fittest | Winners take all"

update 2 (12 hours 6 days)


-> LMT BUY 1.118x ​[check] -> TP 1.128xx [check] -> STP 1.108x with inline

assssssssss

RoelsMajor

Fisher755

Vorex

chester123

Ghandi

hoom

eborn


&


-> LMT SELL 1.122x [check] -> TP1 => 1.112x | STP > 1.132x with inline

Pharm0r

suntan

ExForX

goosebone

clayjay

Earleone

nutts

CommercialB

NorthTrader

ptoftangency

Fadhl

DexterMorgan

PAStalker

primejarvis

mayafx

Grinsakh

IMARICH1


--> Question 20A only for those holing LONGS. How would you manage the position?

This iteration is about thinking fast, no room for half baked decisions until the last trader is stopped out. We'll wrap up details later but for now before the ECB conference

------- ---------

+++++Iteration 20A +++++

Euro currently trading @ 1.130x

"Survival of the fittest | Winners take all"


A. US numbers flop. There is only one way up up up -> LMT BUY 1.130x ​[check] -> TP 1.140x -> STP 1.120x
B. Same all chop zone. Nothing new, ECB will take care of the rest. -> LMT SELL 1.130x [check] -> TP1 => 1.120x | STP > 1.140x

Choose you poison ASAP ... if you don't reply you add longs as your original position.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #143,005
  • Sep 8, 2016 7:00am Sep 8, 2016 7:00am
LMT sell
Get Rich or Die Tryin
  • #143,006
  • Edited 7:25am Sep 8, 2016 7:01am | Edited 7:25am

+++++Iteration 20A +++++

Euro currently trading @ 1.130x

"Survival of the fittest | Winners take all"


A. US numbers flop. There is only one way up up up -> LMT BUY 1.130x ​[check] -> TP 1.140x -> STP 1.120x

Ghandi


B. Same all chop zone. Nothing new, ECB will take care of the rest. -> LMT SELL 1.130x [check] -> TP1 => 1.120x | STP > 1.140x

hoom

Vorex

RoelsMajor


sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #143,007
  • Sep 8, 2016 7:07am Sep 8, 2016 7:07am
Quoting sisse
+++++Iteration 20A +++++ Euro currently trading @ 1.130x "Survival of the fittest | Winners take all" A. US numbers flop. There is only one way up up up -> LMT BUY 1.130x ​[check] -> TP 1.140x -> STP 1.120x B. Same all chop zone. Nothing new, ECB will take care of the rest. -> LMT SELL 1.130x [check] -> TP1 => 1.120x | STP > 1.140x hoom sisse
Buy for me
  • #143,008
  • Sep 8, 2016 7:08am Sep 8, 2016 7:08am
I'm selling as well, thanks.
  • #143,009
  • Sep 8, 2016 7:11am Sep 8, 2016 7:11am
Quoting sisse
+++++Iteration 20A +++++ Euro currently trading @ 1.130x "Survival of the fittest | Winners take all" A. US numbers flop. There is only one way up up up -> LMT BUY 1.130x ​[check] -> TP 1.140x -> STP 1.120x Ghandi B. Same all chop zone. Nothing new, ECB will take care of the rest. -> LMT SELL 1.130x [check] -> TP1 => 1.120x | STP > 1.140x hoom Vorex sisse
B. Same all chop zone. Nothing new, ECB will take care of the rest.
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #143,010
  • Sep 8, 2016 7:24am Sep 8, 2016 7:24am
...and here we go for the another ECB conference.

--> On the fundamental side.

Low expectations for today, we are tracking 2 things macro outlooks and more QE for Oct/Dec.

Only a very dovish ECB either by a poor economic outlook for this quarter (not really expected) or by aggressive QE/rates outlook for Oct to keep preempting Brexit flows as all CB has been doing so far will cause a major impact in expectations. Any other outcome is same all ...

--> On the technical side.

Euro at key 1.128x. A dovish ECB will set and confirm the high and low (already done) of this Quarter. A timid ECB with an upbeat tone will align both side in the Euro/USD in the short term unlocking the highs to the 1.14xx handle and a quick test to the top of the range (mid term range btw).

In equities and commodities any outcome bar an awful panicky ECB (not expected at all) will be good (good and bad news is good news).

--> On the flows (euro)...

I leave it blank until the iterations are finished but simple sharp and direct ride xxxx->xxxx to sit there for the FED Sep before killing all bulls for the year at xxxx.

To the other side, a soft zigzag xxxx->xxxx->xxxx killing pretty much all bears until the FED sep ....

Gl all managing, trading or just tracking the ECB...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #143,011
  • Sep 8, 2016 7:39am Sep 8, 2016 7:39am
All on expectations so far decent late numbers and same mid term outlook still bleak with Brexit and global risk on the horizon. Inflation on the low side also on expectations....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #143,012
  • Sep 8, 2016 7:43am Sep 8, 2016 7:43am
....and more importantly monetary policy check ...same expectations confirmed more QE wide open for later this year....question time and we are done..

Btw, Watch-out for OIL having a runner with NY ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #143,013
  • Sep 8, 2016 7:51am Sep 8, 2016 7:51am
....and I think that is pretty much it except a last minute unexpected question.

The key QE questions was answered with a 'loud' hawkish 'no comment' from Draghi.

Wrapping up. A rather hawkish on the QE via ignoring the ? and a soft economic outlook for the mid term ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #143,014
  • Sep 8, 2016 7:51am Sep 8, 2016 7:51am
Quoting sisse
Right on time for ECB. Euro clearing 1.128x ...very well done all those longs in iteration 20. A quick update and the usual decision time. {quote} +++++Iteration 20 +++++ Euro currently trading @ 1.130x "Survival of the fittest | Winners take all" update 2 (12 hours 6 days) -> LMT BUY 1.118x ​[check] -> TP 1.128xx [check] -> STP 1.108x with inline assssssssss RoelsMajor Fisher755 Vorex...
A. US numbers flop. There is only one way up up up -> LMT BUY 1.130x ​[check] -> TP 1.140x -> STP 1.120x
PVSRA
  • #143,015
  • Sep 8, 2016 7:56am Sep 8, 2016 7:56am
Quoting sisse
....and I think that is pretty much it except a last minute unexpected question. The key QE questions was answered with a 'loud' hawkish 'no comment' from Draghi. Wrapping up. A rather hawkish on the QE via ignoring the ? and a soft economic outlook for the mid term ... sisse
it's useless to hold sell short term after such ECB , an early out ticket for me and reverse
Get Rich or Die Tryin
  • #143,016
  • Sep 8, 2016 8:09am Sep 8, 2016 8:09am
Eyes in NY. Conference 'over' with some juicy details.

Bastards are not going to be very happy with it. ECB has been more 'hawkish' (really meant not dovish at all) today than the FED in the past year ...je je je. Basically not mentioning QE extension will make the first time a major CB doesn't dance at the same time and tune with them.

------- ----

--> Interesting conference on the macro front. Inline with expectations with soft outlook with a rather very telling 'no comment' about the future of QE. On the very short term is a 'hawkish' quick headline but if you dig deeper something bigger and more important is in play. As we have been discussing here since last month we are starting to shift from monetary policy to fiscal policy.

--> FED playing in the same tune in Sept will mark a final turning point in the Euro and Dollar (not in Yen yet) for the foreseeable future where QE and rates cuts will be far from the policy book.

We are about to enter in 'normal' (check back posts to see what does it mean) environment for FX trading where macro economic differentials will be the main movers and shakers rather than free money ....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #143,017
  • Sep 8, 2016 8:21am Sep 8, 2016 8:21am
Quoting sisse
Eyes in NY. Conference 'over' with some juicy details. Bastards are not going to be very happy with it. ECB has been more 'hawkish' (really meant not dovish at all) today than the FED in the past year ...je je je. Basically not mentioning QE extension will make the first time a major CB doesn't dance at the same time and tune with them. ------- ---- --> Interesting conference on the macro front. Inline with expectations with soft outlook with a rather very telling 'no comment' about the future of QE. On the very short term is a 'hawkish' quick headline...
He said almost everything will remain on the downside .... no comments for QE ....

same old story .... macro nos. / inflation on the downside .... trying to avoid the major points .... with simple explanation that didnt even discussed it yet .... than for the whole day what are they discussing .... he just avoided almost everything ....

it really gets me confused but i will remain on the short side in TA wise
Re-Incarnated
  • #143,018
  • Sep 8, 2016 8:22am Sep 8, 2016 8:22am
Quoting sisse
... something bigger and more important is in play. As we have been discussing here since last month we are starting to shift from monetary policy to fiscal policy...
Draghi extremely clear about this, really explicit an direct in Q&A.
  • #143,019
  • Sep 8, 2016 8:27am Sep 8, 2016 8:27am
equities would suffer from this no QE comments
Get Rich or Die Tryin
  • #143,020
  • Sep 8, 2016 8:29am Sep 8, 2016 8:29am
Quoting primejarvis
{quote} He said almost everything will remain on the downside .... no comments for QE .... same old story .... macro nos. / inflation on the downside .... trying to avoid the major points .... with simple explanation that didnt even discussed it yet .... than for the whole day what are they discussing .... he just avoided almost everything .... it really gets me confused but i will remain on the short side in TA wise
I am not sure how are you reading it. It was VERY clear. You don't need to say something out loud to spell it out.

It was the first official recognition from a major CB that QE and free money have reached its peak...and that is a POWERFUL message to get from the conference. On top it send clear signals that the policy is working. Finally he clearly stated that if things go choppy via risk or slow down they haven't close the door for QE....

Get ready for fiscal policy talk instead of monetary ...this is major AND SUPER CLEAR conference announcement !!!!

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
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