Has anyone made trade positions yet on this pair (as in right now on the current price)? Regardless of whether it's long or short. I'm just curious.

EURUSD

You might get that. Price dropped down a bit once more to 187.764. I hope the ECB conference doesn't throw the geppy out of whack.

Dragon Riders GBP/JPY

Given your previous statements, I can't tell if you're being serious or not. Which is it?

EURUSD

Funny thing. I slept through the night with a sell order at 188.250. Missed the sell by a inch. ....Just 2-3 pips away from profit 50 pips

Dragon Riders GBP/JPY

Gator, look at his name and signature. He doesn't mean anything by it; he's just trying to aggravate people. Just accept it as a form of teasing or something and move on. We have fish to fry at the EUR/USD and the "xxx/JPY" pairs.

EURUSD

Naw. We only know the general direction. Draghi will probably be an absolute prick and disguise his key points (QE, bond purchases, GDP expectations, TLTRO antitcipation, etc.) under overtly flowery and verbose sentences. It's going to be an ...

EURUSD

The reason why I can't enter the market right now before ECB conference is that I don't know whether the ECB will focus on other forms for intervention like bond purchases, which will likely lower Euro prices, or focus on waiting until TLTRO results ...

EURUSD

Of course. Currently, most economists and market makers expect Draghi to do nothing (i.e. no QE) and lay it off until next year. That's probably why prices are so low right now; market makers want to drive the prices low and use the ECB conference ...

EURUSD

....I guess some people aren't paying attention. Today's ECB conference can potentially determine the entire short term trend for the next few days. IF the ECB announces QE, the Euro will immediately sink below 1.22 levels. If it doesn't announce ...

EURUSD

Probably. It'll be the European Central Bank's "to QE or not QE" question tomorrow that settles everything. In the meanwhile, I'm going to look for profits elsewhere. This pair is going nowhere, at least for the next few hours.

EURUSD

We might see one more drop in EUR/USD before the ECB. Maybe, maybe not. I still don't like how fast it's dropping. It makes me think that market makers are really waiting for the ECB to lead to a bounce in EUR/USD prices, which may crush my earnings ...

EURUSD

If the ECB conference concludes with the ECB NOT announcing a QE, then we'll see a temporary but massive (in intraday terms) of buying the EUR/USD. Unfortunately, it WILL be short lived. It'll probably go somewhere around 1.240~1.2550. Honestly, it ...

EURUSD

Draghi? Immediate QE? BWAHAHAHAHAHAHAA. ....you're joking right? Like you said at the end, Draghi will likely do nothing and try to delay the QE until 2015. So once again, we'll see a small bounce in the EUR/USD prices, but it'll top out somewhere ...

EURUSD

I wonder...what are the odds of 1.2300 being breached before ECB conference tomorrow? When that's breached, the only remaining resistance I could find are at 1.220 and 1.200.

EURUSD

They can't. They're still waiting for the US PMI announcement at 10:00am. And while I don't put much faith into PMIs since they're privately done (and therefore susceptible to leakage), this time, it might work in favor of a bounce seeing as how ...

EURUSD

I know pretty much any trader worth their salt is eyeing the ECB press conference tomorrow. So, what are your guesses? Will the European Central Bank introduce QE? Or will they hold it off right now? Personally, I favor the ECB not launching QE just ...

EURUSD

Don't. 1.26 is a long shot right now; I recommend reloading shorts at 1.2450~1.250. Honestly, even if we get a bounce from an announcement from the ECB on Thursday saying that they will NOT do QE right now, it'll only delay the inevitable as they'd ...

EURUSD

Mmmm. So are you long, short, or on sidelines right now? I'm currently waiting for a drop to reload longs.

Dragon Riders GBP/JPY

i think he's trading the consolidation bounce. I highly doubt that anyone here actually thinks the bearish momentum is over.

EURUSD

Wait-you're buying now? I'm guessing you closed your short from 186.74 then? Edit: I'm only concerned that you'd buy right now instead of waiting for a bigger drop...unless you meant a buy limit.

Dragon Riders GBP/JPY