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- Bakker commented Nov 21, 2014
You're not alone on this, Eur/Usd is not a moneymaker anymore and actually a pain in the neck. Just look at the 4hr chart, it juggles around pivot for more than two days now.
Positioning for a stronger US dollar
- Bakker commented Nov 20, 2014
The Eur/$ is struggling to cross and close above daily pivot for some time now and look as if it's building on a double top. A further wave down is also required to complete a 5'er.
Positioning for a stronger US dollar
- Bakker commented Nov 18, 2014
As you say, Crow's comments make sense as long as he keep it short and concise.
US Producer Price Indexes - October 2014
- Bakker commented Nov 18, 2014
If resistance is going to hold at 1.2545 (daily chart) today, eur will indeed come down crashing.
US Producer Price Indexes - October 2014
- Bakker commented Nov 11, 2014
My dear friend, I'm not trading since yesterday, I don't have the time to explain in detail what to look out for. It was just meant to be a hint.
EUR/USD Set To Correct, Bears Beware - BofA, Nomura
- Bakker commented Nov 11, 2014
Hey guys stop fighting, the current 4hr bar will show the way, just follow it!!!! On daily it seems 5 waves down are done.
EUR/USD Set To Correct, Bears Beware - BofA, Nomura
- Bakker commented Nov 10, 2014
They could be right with emphasis on "could be". Looking at the monthly chart it's definitely time for a correction higher, but on the other hand the breakaway from a short term ma crossover was significant. So, your guess is as good as mine.
EUR/USD Set To Correct, Bears Beware - BofA, Nomura
- Bakker commented Oct 21, 2014
I don't think I'm going to reply to this. Your remark is typical of a newbie. Maybe I should forward you my prediction that I made to my trading buddy the day before, but I don't think it's worth the effort.
ECB looking at corporate bond buys, could move as soon as Dec - sources
- Bakker commented Oct 21, 2014
It was obvious that the Eur had to go a wave lower, no matter what the news are saying. A wave 5 on a interim W3 is needed now.
ECB looking at corporate bond buys, could move as soon as Dec - sources
- Bakker commented Oct 15, 2014
Made nice retracement, final wave down shouldn't be too far away. Just need to be patient. For sure, but first a final leg down on wave 3.
USD Blasted by Data Disappointments, All Eyes on EURUSD 1.2800
- Bakker commented Oct 3, 2014
I closed my trade for this morning at 2626 with a 21p profit, I'm getting wary of pushing it much further, it's a big day on the calendar, rather safe than sorry.
How Low Can EUR/USD Go? A Macro-Technical View - BNPP
- Bakker commented Oct 3, 2014
As long as Germany doesn't show signs of a real recovery, the Eur will remains in the doldrums. Lack of demand is currently the biggest problem and as long as prices are out of sync with the disposable income of consumers, the problem of poor growth ...
How Low Can EUR/USD Go? A Macro-Technical View - BNPP
- Bakker commented Sep 17, 2014
Not going to see much action between now and FOMC, unfortunately.
ECB source: QE 'feasible', but 'not necessary' at this stage
- Bakker commented Sep 17, 2014
I'm short the Eur too. Run up after CPI is done, must come down now.
ECB source: QE 'feasible', but 'not necessary' at this stage
- Bakker commented Aug 20, 2014
A close under .9237 by end of week will put the Aussie on a path south. The 07/27 weekly candle was key in the break lower. If the current weekly candle can confirm this break we're going to see some strong movement during the course of next week.
China manufacturing output and new orders both expand at weaker rates in August
- Bakker commented Aug 13, 2014
Very short term sma crossovers entering from no-mans-land in compressed areas do the trick for me. No fancy stuff, keep it simple!!!
How to Measure Volatility
- Bakker commented Aug 13, 2014
Trading can't be taught, that's a fact. Why? because of the confusion created by a mass of indicators, wannabe tutors, money sharks, etc. I tried to teach people, but when they start thinking they know better it's all lost. Keep it simple and stick ...
So You Want To Be A Trader? 10 Things You Must Have
- Bakker commented Aug 12, 2014
I agree with Yellen, it makes perfect sense. Small business needs cheap money to create more jobs. More jobs create more demand and more demand creates more growth, as simple as that.
Yellen resolved to avoid raising rates too soon, fearing downturn
- Bakker commented Aug 12, 2014
Look in pretty good shape for a homeless!!
How a former Goldman banker became homeless
- Bakker commented Aug 12, 2014
Thanks to all the traders for their kind words. Its good to see there is so many dear people still around.
Actor Robin Williams Found Dead in Suspected Suicide