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nic9man replied Apr 23, 2021Thanks, indeed such an announcement would shake markets. Do you have any clues that this might come next week except that the BoC moved forward? I believe that as long as Corona is a threat to the US economy the FED will not move.
EURUSD only
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nic9man replied Apr 23, 2021Guys remember to be bullish next Thu and Fri (end of month), as stock and Treasury markets are significantly up MTD, so a big wave of hedge rebalancing related USD sells is to be expected. From Friday evening onwards bearish pressure might build.
EURUSD only
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nic9man replied Apr 23, 2021Head shoulders possible too, though I rather believe in the breakout from above.
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nic9man replied Apr 23, 2021Looks like a breakout on H4 - would have to close above 1.2056 though
EURUSD only
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nic9man replied Apr 23, 2021You were predicting 1.2120 yourself a few days ago, maybe this is happening? Let's see, back to the magic 60 now
EURUSD only
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nic9man replied Apr 23, 2021The FED will not taper without proper communication well before - was that what you wre referring to?
EURUSD only
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nic9man replied Apr 23, 2021Your conditional traded are quite complex to follow, but I grasp that the express train is leaving the station..

EURUSD only
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nic9man replied Apr 23, 2021I agree as long as below 1.2060. Upon breaking this threshold I see lots of bullishness.
EURUSD only
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nic9man replied Apr 23, 2021As I understand this statistic comes from trades entered at forexfactory, not necessarily real trades, correct? Also the total lot size is very small / the sample is tiny. Just wondering if this is really statistically representative. 150 lots can ...
EURUSD only
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nic9man replied Apr 23, 2021Might be a bull flag though or as you drew it a falling broadening wedge, both bullish patterns.
EURUSD only
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nic9man replied Apr 22, 2021Not sure if I understood what you meant, but not all news can be priced directly. Some developments affect long term flows which determine the long term currency price. Obviously this forum is the living proof that for day traders fundamentals can ...
EURUSD only
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nic9man replied Apr 22, 2021Although I am also long for fundamental reasons I just wanted to point out that your reasoning can easily be backtested and it does not work like this. First, most of the time in EURUSD the country with better macro surprises wins. And second, if ...
EURUSD only
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nic9man replied Apr 22, 2021Ok, thanks for the levels! Maybe we make it back to 1.2020 today. So far 1.1994 has held nicely, was just touched. Also 1.1980s should provide massive support. Hence if we should really make it to the low 1.19s I would also puke out most my longs ...
EURUSD only
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nic9man replied Apr 22, 2021Only for millionaires my friend
in the US most stocks are held by non-millionaires in their pension funds I guess.EURUSD only