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OnlineAddict commented Jul 9, 2014Looks like Mr. Krueger wanted to enter long quick before the meeting, nice bear trap.
Fed may have to hike sooner than expected, former White House economist says
- OnlineAddict replied Jul 9, 2014
If we spike after FOMC, then its definitely possible during tomorrow's session. Only Draghi can save the shorts 30 minutes after FOMC, but I have a feeling that his speech will be changed to low impact after and nothing will happen.
EURUSD
- OnlineAddict replied Jul 9, 2014
1.3615, if its hit before FOMC, will be a good opportunity to get rid of shorts, or anything below 1.3620. Unless you leverage low or use a tight SL.
EURUSD
- OnlineAddict replied Jul 9, 2014
I never said we will reach 1.42, when we are above 1.39 last time, I was short that time. I'm long biased now...until 1.41 or if we break higher, bears might be done for a long time to come. Unless eurusd breaks 1.3470, its a buy, big time.
EURUSD
- OnlineAddict replied Jul 9, 2014
You better close your shorts on the next way down before FOMC...or set a tight SL. We will see who is the moron, if you don't.
EURUSD
- OnlineAddict replied Jul 9, 2014
You better leave that trade open for your children or grandchildren.
EURUSD
- OnlineAddict replied Jul 9, 2014
Nothing...gives people hope that their shorts are safe, while those expiry numbers aren't hit many times, who knows if they are even real. Next is 1.3686.
EURUSD
- OnlineAddict commented Jul 9, 2014
You sure about this? US real estate, apart from luxury locations, isn't worth the yearly tax on it. I, too, lost some real estate, some of which I couldn't sell for $1, because people didn't even have the money to pay for taxes and the other fees. ...
What To Expect From FOMC Minutes? - BofA, CS, Barclays, & Others
- OnlineAddict commented Jul 9, 2014
Not anytime soon...probably years...so they avoid a complete collapse of the fake economy.
When The Fed Starts Raising Rates
- OnlineAddict commented Jul 9, 2014
It looks like we could break 1.7180 today...and then asian session should bring it above 1.72 and finishing it tomorrow during eu/us session up to 1.7250. If that happened, friday would be probably a sell-off until 1.7180.
What To Expect From FOMC Minutes? - BofA, CS, Barclays, & Others
- OnlineAddict commented Jul 9, 2014
Not on gbp pairs...just eur pairs. Gbp is still volatile, jumping up and down, just like UK's economy. lol
What To Expect From FOMC Minutes? - BofA, CS, Barclays, & Others
- OnlineAddict commented Jul 9, 2014
Easiest way to make money, until it breaks the range in one direction...instead of complaining, you should be happy that they are throwing money at you.
What To Expect From FOMC Minutes? - BofA, CS, Barclays, & Others
- OnlineAddict commented Jul 8, 2014
Weak longs? This is how a "rocket ship" launches, same pattern most of the time. Careful with shorts...very careful.
GBP Is A Bad Apple While Dollar Is Squeezed
- OnlineAddict commented Jul 8, 2014
1.3730 is good for a short.
GBP Is A Bad Apple While Dollar Is Squeezed
- OnlineAddict commented Jul 8, 2014
Minimum 1.3686 this week or next. Most probably after tomorrow's FOMC.
GBP Is A Bad Apple While Dollar Is Squeezed
- OnlineAddict commented Jul 8, 2014
Possibly...but 1.7250-7350 is enough for me to start shorting. In the worst case back to 1.7250, if it won't break, I will short from higher.
GBP Is A Bad Apple While Dollar Is Squeezed
- OnlineAddict commented Jul 8, 2014
Thank you and many pips to you, too.
GBP Is A Bad Apple While Dollar Is Squeezed
- OnlineAddict commented Jul 8, 2014
I had to suck up a bad loss closing my shorts from 1.6830 at 1.6970, but now I'm glad I did that...the account would be gone by now...no matter how much it hurts, its always better to get rid of losing trades to make enough room for new trades ...
GBP Is A Bad Apple While Dollar Is Squeezed
- OnlineAddict commented Jul 8, 2014
We already tested 1.70 enough...today it can't even close below 1.7115 during US session...I added another long. Have now longs from 7095, 7118, 7120, I hope we can break 1.72 straight from here, without looking back below 7115 again. All we need is ...
UK Index of Production, May 2014