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Panco replied Dec 4, 2014That's what I said right away but some chose to disagree, which is perfectly fine.
EURUSD
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Panco replied Dec 4, 2014If EURUSD does trade higher, don't say price manipulations or big money did that to get the Euro down and then backup. It is just the market reacting the news, digesting the news and then taking action.
EURUSD
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Panco replied Dec 4, 2014I think the RBA is intervening in the market, for sure. They will come clean one day like the RBNZ did. If you look at the monthly chart you will see the top H&S is in play as the neckline was breached. It will be interesting. I don't have anything ...
EURUSD
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Panco replied Dec 4, 2014I read the article, ECB members that chose not to be identified, do you honestly think ECB members will leak such info without Draghi's consent? The whole thing was coordinated with him to talk down the Euro.
EURUSD
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Panco replied Dec 4, 20148% is nice, I hope you didn't use too much leverage. Your call, good luck.
EURUSD
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Panco replied Dec 4, 2014Only credit Suisse? Do you have how many hedge funds bet a move by the ECB today or how many more analysts expected a new QE announcement? Do more research and you will see. The ECB wants... Well, the ECB doesn't always get what it wants, does it? I ...
EURUSD
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Panco replied Dec 4, 2014Another f****d up story came out, OPEC may cut production to sustain crude oil prices. I wonder if crude will react to these news. Hopefully crude oil traders are smarter.
EURUSD
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Panco replied Dec 4, 2014The market is not stupid. EURUSD reached 50% Fibo, which if holds means corrective gains are due.
EURUSD
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Panco replied Dec 4, 2014I have a stop, but if I am right you will see a strong correction to Draghi's nonsense in Bloomberg.
EURUSD
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Panco replied Dec 4, 2014About a strong USD, you are forgetting the whole currency war in an instant
EURUSD
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Panco replied Dec 4, 2014You must be joking. The market expected Sovereign bonds QE, that's why they were selling the Euro days before the ECB monetary policy. Draghi didn't deliver, so traders got out their shorts, elevating EURUSD. Because the EURUSD strengthened Draghi ...
EURUSD
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Panco replied Dec 4, 2014This is a cheap effort from the ECB to weaken the Euro before the NFP.
EURUSD
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Panco replied Dec 4, 2014EURUSD should rebound once the market realizes this nonsense, that's why I am long.
EURUSD
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Panco replied Dec 4, 2014Draghi wants a weak Euro, it is known. These guys said nothing new. Reminds of Bernanke did with the media, sending member to confuse the market.
EURUSD
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Panco replied Dec 4, 2014I am long EURUSD from 1.2376, stop at 1.2341. Its a tight stop, if I am correct it should correct overnight, hopefully in the next couple of hours.
EURUSD