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- emmalee25 replied Jun 5, 2014
It was on squawk news. We have our EUR/USD bottom. Thanks for playing everyone, we have record short positions now to unwind.. sit back and relax and see your account grow.
EURUSD
- emmalee25 replied Jun 5, 2014
ECB cannot weaken their currency just like happen to Japan on their deflation era. We going higher, way higher.
EURUSD
- emmalee25 replied Jun 5, 2014
This is just confirming one thing: Europe is the new Japan.. strong currency, low growth, lower bound breached.
EURUSD
- emmalee25 replied Jun 5, 2014
REPORTS THAT CHINESE ARE DEFENDING 1.35 LEVELS ahhaha im not even kidding! Chinese and asia reserves are defending 1.35 handle
EURUSD
- emmalee25 replied Jun 5, 2014
I wonder if Draghui will acknowledge the pressure to act today while talking to reporters. What will he say about that. "I didnt said he will do A or B or C last month!!" He can get really obtuse when he wants.
EURUSD
- emmalee25 replied Jun 5, 2014
Here is what I think it will happen: 1) Before ECB news euro shoots up in a "what-the-fuck-is-going-on" fashion, taking out a lot of short-term stops 2) ECB cuts rates announces some form of easing, algos read it as a sell, spike is lower. 3) ECB ...
EURUSD
- emmalee25 replied Jun 4, 2014
1) Focus on the potential profit that you could gain instead of the loss. This will spike your risk-taking behaviour, and even be moer focus on your trade. 2) Don't focus on what you can lose, what could happen, things that are not in your control, ...
how to overcome fear?
- emmalee25 replied Jun 4, 2014
LOL! LOOOL AHAHA there is no way this can go any lower tomorrow.
EURUSD
- emmalee25 replied Jun 4, 2014
Yes. My view is up, I've already said it. I am long EUR and will buy again as soon as it pushes lower on ECB rate cut news tomorrow.
EURUSD
- emmalee25 replied Jun 4, 2014
These last green candles are from these headlines: * The current exchange rate of the euro is not worrying European industry, a high-ranking EU official has told MNI. * EU Source: Euro Level Not High on List of Real Sector Concerns
EURUSD
- emmalee25 replied Jun 4, 2014
If US deficit was shrinking it would mean that demand for imported goods was less. US being a consumption economy it is a vital part for global trade to continue, as other countries as structured in function of the US.
EURUSD
- emmalee25 replied Jun 4, 2014
Sorry I meant halt QE taper! not QE. "APRIL TRADE DEFICIT IN U.S. SURGES TO BIGGEST IN TWO YEARS" Great! This is wonderful for growth and Europe. Bigger deficits more growth!
EURUSD
- emmalee25 replied Jun 4, 2014
Yeah I agree. The FED will eventually halt QE so we will see Eur/Usd higher, but it could be a bumpy road, its not clear they want to halt taper it at the moment and if they refuse to do it even with bad data, markets could start to gather a ...
EURUSD
- emmalee25 replied Jun 4, 2014
I think my point Vachus is that, pay attention to US and US only, forget about the ECB and their fantasy programs and baby crys. US drives everything and if US doesnt show that 4% growth that everyone is expecting on Q2 (big LOL here) forget about ...
EURUSD
- emmalee25 replied Jun 4, 2014
FED buys the top tier assets to the point that they yield so little it forces everyone to buy riskier stuff (ie peripheral europe) thats how it works. Central banks dont buy spain bonds or whatever, they buy only the best. And you will never see OMT ...
EURUSD
- emmalee25 replied Jun 4, 2014
Draghi could have said "Whatever it takes" 100 times and nothing would have happen. Some other central bank had to put the actual money upfront, it was the FED.
EURUSD
- emmalee25 replied Jun 4, 2014
1) Thats the problem! They are not convieced that we will have a slow growth and thats the problem as they continue to remove QE, thats why risk-off will happen. 2) Euro-area has growth because US has growth! Its not a miracle, peripheral yields are ...
EURUSD