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    Forums ›› Currency Trading ›› Forex Trading ›› Congratulations all EURUSD buyers above 1.3400  


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DT-waw
 

Registered: Apr 2001
Posts: 2186

 

12-08-11 04:05 PM

congrats buyers i mean ECB and SNB above 1.34 again.

you're lucky to rule european nations who are polite enough not to chase you with axes and baseball bats

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DT-waw
 

Registered: Apr 2001
Posts: 2186

 

12-08-11 04:20 PM

yikes, you know...
its such a pleasure to play with a public money.
you're a zentral banker and basically can tell your friends- go long/short, we'll do the same in just a minute

or-
we will defend the currency for 3 months until 300B is gone.
hedge funds friends, trade against us and pocket the 300B,
we'll go to the party together!

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Amber40
 

Registered: Dec 2011
Posts: 22

 

12-09-11 12:20 PM

still moving without a direction...


EUR/USD climbed after China announced that it will set up a $300billion investment vehicle made up of two funds (for the U.S. and Europe).

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antelope
 

Registered: Aug 2011
Posts: 123

 

12-09-11 12:49 PM


Quote from Amber40:

still moving without a direction...


EUR/USD climbed after China announced that it will set up a $300billion investment vehicle made up of two funds (for the U.S. and Europe).



Allow me to say that this is BS. How would such a news make the EUR gain 1/100 pointsin 30 mins?

What almost daily brings up the EUR in the morning (EU time) is the ongoing bond buying program performed by ECB with freshly printed money. Croissant, coffee and a few billions of Spanish and Italian bonds.

in the afternoon US markets open and reality kicks in.

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denner
 

Registered: Aug 2010
Posts: 3269

 

12-09-11 01:33 PM


Quote from DT-waw:

yikes, you know...
its such a pleasure to play with a public money.
you're a zentral banker and basically can tell your friends- go long/short, we'll do the same in just a minute

or-
we will defend the currency for 3 months until 300B is gone.
hedge funds friends, trade against us and pocket the 300B,
we'll go to the party together!



Every day it's more apparent we've reached the terminal stage. Just blatant central bank/media manipulation every single hour of the day...to buy another day's time. Firms are also at the cannibalization stage, the minnows are gone, they are simply swallowing each other whole.

Stick a fork in it.

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brisvegas
 

Registered: Dec 2003
Posts: 129

 

12-09-11 09:34 PM

Currently we have nothing definative as far as trend bias goes on medium time frames but we certainly have tradable structure on smaller time frames . reference points marked

screenshot137.jpg
This has been downloaded 54 time(s).

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