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Hot4Pips commented Oct 2, 2012Yeah that's good for 20 pips then what? AU hasn't had a steady break below 1.02 for the past 80 days. There has been plenty of bad news in those 80 days, but hey, what the hell, bet the farm.
Australia Trade Balance - August 2012
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Hot4Pips commented Sep 11, 2012Looking at USD/CAD and AUD/USD I would say most of the expectation has been priced in. Canada isn't that strong, and Aussie has turned to crap. Euro is far from fixed and the Pound has absolutely no reason to be at 1.60 right now. Whichever way the ...
Three tough choices: The Fed, the Euro, and the U.S.
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Hot4Pips commented Sep 7, 2012Of course the unemployment rate will remain higher that 8 percent. very seldom does it move more that 0.4 percent, which would be needed to go from 8.3 percent to under 8 percent. Why continue with these BS doom and gloom headlines? Why do you ...
Less Hiring Probably Kept U.S. Jobless Rate Elevated in August
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Hot4Pips commented Aug 31, 2012Seems the market hasn't sobered up yet from the QE3 launch party last night. Maybe when they wake up they will realize the girl they took home was quite so pretty after all.
Initial Reaction to Bernanke: USD and US Assets Firm
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Hot4Pips commented Aug 31, 2012Gold has broken south of the weekly trendline. Any buy at this price would be ignorance.
Bernanke: Monetary Policy since the Onset of the Crisis
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Hot4Pips commented Aug 28, 2012My bullish stance is on the long term, of course I short the dollar on occasion when I see profit potential. I said bullish, not blindly in love with the greenback. You're the first person I've seen here who's used the word "jingoism". I know by ...
'No QE' Bernanke Will Disappoint Markets Friday
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Hot4Pips commented Aug 28, 2012I'm still a dollar bull and will remain so. It has nothing to do with american pride (I am far removed from that), it has to do with the reality that the american dollar has always been and will most likely continue to be the dominating currency ...
'No QE' Bernanke Will Disappoint Markets Friday
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Hot4Pips commented Aug 28, 2012So now 3 hour spikes on the Tokyo/London crossover are called rallies. Thanks for the update Reuters.
Euro rallies vs dollar with Bernanke, ECB ahead
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Hot4Pips commented Aug 28, 2012I agree it can come in lower, my next buy will at 78 and I am looking for 77.60 area to go large. I keep my stops at 74 in the case of the masses (the fools) trying to get their bids while they think the BOJ is sleeping. I do respect your analysis ...
USD/JPY Trying to Confirm Flag Pattern Breakout
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Hot4Pips commented Aug 28, 2012Could be any day, we never know. But it would hurt Obama if it happens before the election so probably won't happen before November. If the american people aren't too dazzled by the Obama lie it will hurt Ben if he doesn't play ball the Republican ...
The Conference Board Consumer Confidence Index Declines in August
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Hot4Pips commented Aug 28, 2012Just keep trailing those stops. The dealer is a real sneaky SOB
Fed’s Fisher Says No Decision Yet On Further Easing
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Hot4Pips commented Aug 28, 2012So now FF is in bed with WSJ to sell TR.
High-Frequency Traders Flat-Out Buying Data Ahead of You
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Hot4Pips commented Aug 28, 2012I knew this was Fan Yang the Dollar Bear just by reading the headline. Silly Fan, BOJ wants american business, they won't let the yen strengthen to much. It's not a technical game on the USD/JPY and it never has been.
USD/JPY Trying to Confirm Flag Pattern Breakout
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Hot4Pips commented Aug 28, 2012I currently don't have a position on EUR/USD and don't plan to until the BS is settled. My position on USD/CAD hurts though... still waiting to see what Issac has in store for the gulf. Luckily I keep my positions small enough to wait out the ...
The Conference Board Consumer Confidence Index Declines in August
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Hot4Pips commented Aug 28, 2012Good data hasn't done much to help the dollar, and little bad news can't hurt that much
The Conference Board Consumer Confidence Index Declines in August
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Hot4Pips commented Aug 27, 2012I'm with you in your way of thinking Fidza. The majority will think we are stupid for our way of thinking
Jackson Hole May Disappoint Investors Primed for Stimulus
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Hot4Pips commented Aug 23, 2012If Mitt Romney wins big companies will start hiring again when he crushes Obama's healthcare bill, which will lower the unemployment rate and cause the american public to start spending again. So there would be no need for QE3.
Sales of New U.S. Homes Climbed in July to Match Two-Year High
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Hot4Pips commented Aug 23, 2012Trading news and data releases kills many peoples accounts. You may want to wait until you see where the price is going before placing your trade. Just try to be patient for 15 minutes or so.
Jobless Claims in U.S. Climb for Second Week to One-Month High