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CannonScout replied Oct 16, 2017ECB tapering is merely to keep up with the fed, (I think anyway.) They often work in sync. However I believe the Fed's intentions are more true, thus if there is more hawkish actions in America, with ECB being shown to be only 'words', the demand ...
EURUSD only
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CannonScout replied Oct 16, 2017THat's a very precise prediction bro. Are you accurate a lot of the time? A
EURUSD only
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CannonScout replied Oct 16, 2017No way. There is often no one around to stimulate discussion on long term outlooks. I'm seeing 1.1550. Everyone so quickly disses the Dollar.
EURUSD only
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CannonScout replied Oct 16, 2017See how America takes today. I have feeling it won't be what you think.
EURUSD only
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CannonScout replied Oct 16, 2017I have a feeling Europe will see Euro's as quite cheap today. That said, I'm probably wwrong Still vague on the outlook for both currencies. North Korea...nuff said.
EURUSD only
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CannonScout commented Oct 16, 2017True. Long USD is fine. Trump rally wouldn't end now would it?
Yellen sounds upbeat on economy, signaling likely rate hike
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CannonScout commented Oct 16, 2017$10,000,000? For a democratically elected public official? It's not like that money could have been used for anything else. This is clearly the most logical, wise and resourceful use of one's wealth. Ahh what do I know?
Hustler Magazine founder takes out full-page ad offering $10 million for information that...
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CannonScout replied Oct 15, 2017You really live up to your description as 'Mad Trader' haha. I cannot understand your posts half the time, yet they do interest me. Funny thing is I agree with your above post. I assume palindrome could be translated as a range? (More simple term) ...
EURUSD
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CannonScout replied Oct 15, 2017Does anyone believe 1.1800 is a good buy? I will not personally bet on it, yet it seems like an obvious one to me...
EURUSD only
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CannonScout replied Oct 15, 2017Bearish, not necessarily short. Be very careful. Whenever anything looks 'easy' or 'simple' it's often an illusion. Watch the Fed & ECB. This will determine many perceptions of the respective economies. A
EURUSD
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CannonScout commented Oct 15, 2017If security valuations were determined by the fundamental economy. Then most value's could be realistically priced at 0. Your model is flawed I think.
Yellen sounds upbeat on economy, signaling likely rate hike
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CannonScout replied Oct 14, 2017Killer music bro! Adding to my list now thanks. Perhaps Bernard Fanning your style? A
What kind of music you hear while you trade?
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CannonScout replied Oct 14, 2017Agreed. Have to be careful, perhaps focus on fundamentals this week.
EURUSD only
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CannonScout replied Oct 14, 2017Ata, Are you expecting a range between the blue highlighted section on your chart?
EURUSD only
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CannonScout replied Oct 14, 2017Yeah. The fact that it is so widely observed means there must be some element of discounting.
EURUSD only
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CannonScout replied Oct 14, 2017Couldn't agree more. Overall, it appeared rather positive to me. Simplistic minds go for simplistic ideas. Thus they are ruled by simple colours.
AUD/USD
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CannonScout replied Oct 14, 2017Economically, there is no reason for this rate to continue higher. It shouldn't be this high to begin with. Perhaps anyone here has observed the H&S pattern? I don't believe in it myself, yet I can understand it. A
EURUSD only
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CannonScout replied Oct 14, 2017I've been short-sighted for an amount of time now. I don't see a head & shoulders, yet I do believe the response is the same. SELL!
EURUSD