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- Esssex replied Jun 20, 2012
Asset repurchasing allows FIs to dump their toxic assets and have access to more money which they will then use to seek higher returns(In normal instances). It also encourages more money to be pumped into US equities as FIs become less toxic and ...
EURUSD
- Esssex replied Jun 20, 2012
It doesn't matter whether he announces QE or not. What matters is you profit from all this "Hope" for QE and cash out before he does his announcement. Remember the 4 human emotions in the market and learn how to play on them, "Fear, Greed, ...
EURUSD
- Esssex replied Jun 20, 2012
That will depend on the nature of the easing operation. The reason why QE3 devalues the USD is because QE increases the money supply and inflation which causes a drop in value of a currency. Increase in money supply = More money chasing fewer goods ...
EURUSD
- Esssex replied Jun 20, 2012
Not trading this market til the Central banks release all their crap(BOJ, BOE and Fed). With stimulus expectations so high it is going to be very volatile today.
EURUSD
- Esssex replied Jun 19, 2012
The guy probably busted his accounts but in order to save his non-existent pride will come back with something like 7 months in profit can I make it 8?
EURUSD
- Esssex replied Jun 19, 2012
Never underestimate human hope, it can drive the markets. The life of the rally shall be dictated by whether Bernanke decides to Ctrl+P
EURUSD
- Esssex replied Jun 19, 2012
Where is the person who kept bragging and continued shorting the rallies? Busted? I closed out @28, short of my target by 6pips but meh need to sleep. Still have last target @82 for an overnight play with SL BE+1. Shorting regions should be at ...
EURUSD
- Esssex replied Jun 19, 2012
Well, when you are unemployed, elections can help kill time to pass the day til the next social welfare handout.
EURUSD
- Esssex replied Jun 19, 2012
The fat Americans are too busy eating their fatty Macdonald burgers to be trading now. Wait til 2 before deciding whether it has run out of steam.
EURUSD
- Esssex replied Jun 19, 2012
I've got my 1st target a 34, pretty close. Good to go! If more momentum on PA is seen, my last target of 85 will stand.
EURUSD
- Esssex replied Jun 19, 2012
That target is too farfetched. We are just trading a broader range for the EUR/USD on stimulus expectations by central banks. Don't habour too much hope on this rally and set realistic targets.
EURUSD
- Esssex replied Jun 19, 2012
This US session is more than making up for my wasted time during Landan. Praise the ctrl+p rumors!
EURUSD
- Esssex replied Jun 19, 2012
Are your Aussie and Kiwi positions for intraday TF? Or will you let them run? I have my Aussie target at 0215 which I entered at 45. Planning on letting it run for 3-4 days sounds viable? I haven't played the Aussie for a while now. Was busy ...
EURUSD
- Esssex replied Jun 19, 2012
Everyone is expecting some form of stimulus by the Fed. As usual though, buy the rumor, sell the news. I'm not expecting QE3 but rather an extension of Operation Twist. So if that comes true, I shall short again. @tomspin there's a reason for the ...
EURUSD
- Esssex replied Jun 19, 2012
That is a pretty risky move. I've my pending long at 72, no guts to be that aggressive to enter at 60.
EURUSD
- Esssex replied Jun 19, 2012
All the guys who were screaming short are now screaming long. Hilarious. We are still directionless in my eyes til a breach of 2672 or 2490.
EURUSD