Disliked{quote} I have a lot respect for you especially in this thread. Just posting why bulls and why random level...{image}{image}Ignored
Look Sharp/Trade Tight
The Really Useless System 25 replies
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Disliked{quote} I have a lot respect for you especially in this thread. Just posting why bulls and why random level...{image}{image}Ignored
Disliked{quote} check these mids out, they both have some PA to support taking a chance on them if your bullish....1.0723 also has some support I suspect... {image}Ignored
Dislikedthe thread is really silent guys what happened .... no one's sharing nothing ....Ignored
Dislikedthe thread is really silent guys what happened .... no one's sharing nothing ....Ignored
Disliked{quote} working and waiting for ECB untill that I do not expect muchIgnored
Disliked{quote} I read this article shared in another Thread which we traders should keep in mind the date of December 19, the official date to elect The USA President. http://theeconomiccollapseblog.com/a...rs-to-join-himIgnored
DislikedTeam, As chester123 pointed out, waiting on ECB and I'm working a different job which requires diff hours and time. No more being BatMan and fighting crime. I appreciate everyone's comments and you all are right. Exforx, I will look for this book. I admit I see more of my flaws or the glass half empty most the time. Thanks for caring to share, encourage and give positive criticism. The only reason I loss on that last trade was I fell asleep at the wheel or on the "bus" lirerally and woke up to the squeeze. I knew I...Ignored
Disliked{quote} what you think ecb is going to taper or not .... do you know how to put a yes or no vote poll here ....? we should put it if possible not only before ecb but before every major event .....Ignored
DislikedECB scenarios on E/U. 1. QE extended. They did this last December and E/U went up that day. At the time, people said it was due to the 'free money/helicopter money' effect on equities. Any reason that wouldn't happen this time? 2. Tapering. It seems consensus is that tapering will cause E/U to go up b/c monetary tightening--supply/demand--with shortening of supply. 3. Rates change. I don't see anyone projecting any change here. Another rate cut seems it would lead to an E/U drop, and vice versa, but there has always been media discussion...Ignored
DislikedEU moving up is absolutely logical if you truly believe what you've been saying about FED rates being priced in. If there is a move after the FOMC, then they were not in fact completely priced in. The whole notion of "priced in", is that the exchange rate or whatever is trading where it should be in relation to the fundamental aspects expected. From my eyes, EU is moving via the Dollar not the EURO* (as is everything else). So the recent move in EU should be contributed more to the sell off of dollar than the economic underlying of the EURO*. Perhaps...Ignored
Dislikedexcept for ECB. what my brain really does not get is this: after trump equities rally - ok there were some arguments for that, but after Italy vote - european and mostly italien equities are in a manic up flow (ok, extending qe by ECB). however, bunds are moving up (not the move expected with extension of QE) and E/U moving up too (as well not logical). Im just saying that I do not get the logic behind it. so is there some congnitive disonance and some market is gonna be caught wrong or what?Ignored
Disliked{quote} What I feel is like it's in pure RMT mode .... I.e., taking price to a level to make the risk off the table .....the range which is bounded from March last year is really showing me that it doesn't wants to move to parity .... Hope u got what I am trying to sayIgnored
Disliked{quote} And this is what Im also wondering - Its clear that M1 move has no FA behind it. However, does a short squeeze on short term have? Or does it have to have it? Or is it more a technical flow triggered inside the short term range without any FA reasons?Ignored
DislikedEU moving up is absolutely logical if you truly believe what you've been saying about FED rates being priced in. If there is a move after the FOMC, then they were not in fact completely priced in. The whole notion of "priced in", is that the exchange rate or whatever is trading where it should be in relation to the fundamental aspects expected. From my eyes, EU is moving via the Dollar not the EURO* (as is everything else). So the recent move in EU should be contributed more to the sell off of dollar than the economic underlying of the EURO*. Perhaps...Ignored
Disliked{quote} what do you mean by that sentence? I agree the MT range is annoying. Looking at E/U since 91 it seems to me its the longest MT range in history actually. its usually nicely trending on MT. In any case. After this ST leg technically the MT move down to near parity is done deal in my view and FA extremelly likely. we just have to get over this ST squeeze and also over some mistakes some of us did here. I was one of them. But I learnt. And its problem back from risk-management/positioning.... as usual. ...Ignored