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holmes commented Dec 4, 2012I agree that it will fall more but I am waiting for 1650 although I am still not sure if it holds.
Heavy US Dollar Tone Continues
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holmes commented Dec 4, 2012all nonsense, there has been some time talking of QE not being effective and with the debt problems of the US nobody believes there will be more QE waiting, if traders don' buy USD or GBP what will be left? NZD, CHF, AUD, already highly overvalued, ...
Heavy US Dollar Tone Continues
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holmes commented Dec 4, 2012if worse and Aussie gains, and if better and it loses, to me Aus/Usd is highly valued whether you consider Aussie or Usd, but I am still surprised why with the rate cut, and the risk from EU while highly valued it continued gaining today so prefer ...
AUD/USD: Trading the Australian GDP
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holmes replied Dec 4, 2012There is a new term we hear these days as "uneven recovery" which might mean news won't clearly predict financial stages of countries, for example we may see CPI rising but GDP and Growth development won't follow. From macroeconomic point of view I ...
All Majors and Gold
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holmes replied Dec 4, 2012while Usd is weak against all pairs, Gold is loosing weight, what if Usd starts gaining? although I have a long order at 1650 but I AM DOUBTFUL IF 1650 CAN HOLD, maybe before going to 2000 area which is expected for early 2013 we see 15ish too.
All Majors and Gold
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holmes commented Dec 4, 2012come on, news doesn' work for a while, it seems the year ending is coming with some significant rate assigning and main CBs are following a unified theory, if it were the economic conditions and the news Eur/Usd would be dealing with 1.25 and ...
USD/JPY: Trading the US ISM Non-Manufacturing PMI
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holmes replied Dec 3, 2012So what, let's say there will be no rate cut, Aud/[email protected] is a fair daily, and weekly short, fundamentally and technically. therefore if there will be no rate cut this pair will be sold at 1.0470-80 and with the cut it will find its way ...
AUD/USD
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holmes replied Dec 3, 2012I have no idea what makes u believe it will go higher, there is no fundamental reason for the rally, touching 1.3 has already been so far for this pair.
EURUSD
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holmes commented Dec 3, 2012And more over, what ever the news, this week we will have rate cut by ECB.
France on track for 0.8 pct 2013 growth target -minister
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holmes commented Dec 3, 2012let's say they "hope" instead of "believe"
France on track for 0.8 pct 2013 growth target -minister
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holmes replied Nov 27, 2012Certainly, this pair is interfered severely by the SNB, therefore you can see their policy by monitoring the pair closely.
EUR/CHF
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holmes commented Nov 26, 2012I agree, GBP is safe to long.
New BoE governor to be announced in the Commons at 3.30
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holmes commented Nov 23, 20121.27 is alright but after 1.2940 never.
EURUSD heads higher, unfazed by event risks
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holmes commented Nov 23, 2012the market doesn't believe in magic but sometimes is against technical s and sometimes against fundamentals, it is manipulated, what traders must stick to is their strategy, when euro must fall technically and fundamentally they must go short and ...
EURUSD heads higher, unfazed by event risks
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holmes commented Nov 23, 2012the best strategy: short eur/usd and every 30pips upper add 1x short.
EU Summit To Discuss Long-Term Budget Has Been Called Off – RTRS
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holmes replied Nov 22, 2012I mean the focus is and must be on price stability which seems unreachable to the SNB, when defining the peg of Eur/Chf @1.2 the SNB was hoping for the CPI to gain some and see 2percent in line but after more than a year the downward movement is ...
EUR/CHF
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holmes commented Nov 22, 2012what is really big about Greece, if EZ comes out on Monday and says gives Billions of Euro to Greece with no interest rate, will the problems be resolved? no, the only way to survive the single currency is united fiscal policy through banking union ...
EUR/USD - Approaching strong resistance area
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holmes replied Nov 22, 2012It's somehow a period started that the SNB board is trying to recall the credibility in Swiss, there must be a gate of a new decision that this credibility needs to be spent, it could be a big shift in fiscal and monetary policy along with each ...
EUR/CHF
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holmes replied Nov 21, 2012Everyone is frustrated from this pair and there are no comments even to entertain,besides all speculative trading this pair helped me study economy of a developed country for more than a year and was really helpful especially following papers from ...
EUR/CHF