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Pip Anon replied May 15, 2014All the time. Look at the weekly. Goes up a few hundred, down a few hundred. I'd wait to see is 1.36 holds. If not, I'd target 1.3450ish Weekly chart is nowhere near being "oversold." I don't scalp in position trades. I'd rather sell rallies at this ...
EURUSD
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Pip Anon replied May 15, 2014Stick a fork in em. If they didn't get out on the pullback from 1.3992, well..
EURUSD
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Pip Anon replied May 15, 2014I am not sure how anyone could be surprised. It went straight up since 1.275. The economy still looks like shite. I wouldn't be holding euros on a potential for easing.
EURUSD
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Pip Anon replied May 15, 2014I just love how predictable the euro is. Always seems to play out technically
EURUSD
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Pip Anon replied May 13, 2014The great thing is that euro-dollar respects technicals well if you can get past the occasional 13 hours of consolidation. The pair will spike on hyped economic reports, and it never sticks. The tick chart showed a lot of bearishness passing through ...
EURUSD
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Pip Anon replied May 13, 2014I find it quite humerous that when everyone thinks 1.40 is in research it sinks into the core of the Earth lol. Typical EURUSD fashion.
EURUSD
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Pip Anon commented May 12, 2014Oh, that .1 percent GDP was sweltering. Christ, somebody turn on the AC.
Big freeze over, US economy gets on hot streak
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Pip Anon commented May 12, 2014Lol, yes, it's growing and snails are fast.
Draghi Drives ECB Toward Stimulus Even as Economy Grows
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Pip Anon replied May 12, 2014The moves in JPY will always out due moves in the dollar just on a volatility basis. I have seen the pair absolutely sinking on a positive dollar day. Furthermore, if the JPY is bought up, might not see much movement in DX
USD/JPY Discussion
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Pip Anon commented May 12, 2014Yea, he knew. Schiff was preaching the subprime bubble in 2005 and nobody paid attention. To quote the great lyricist Marilyn Manson, "you can't see the forest from the trees, when you can't smell your own shit on your knees." Oblivious to the ...
Marc Faber Is Predicting Another Crisis
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Pip Anon replied May 12, 2014Lol in due time. Without active participation by the BoJ and continued geopolitical strife, yen is likely to continue to see action upwards
USD/JPY Discussion
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Pip Anon commented May 11, 2014It is important to get down to the nitty gritty. I wish things were better, but I'm not going to sugar coat it just to make myself feel better. Look at the housing market deterioration. It's looking like 2008, again a pricing bubble that was propped ...
Marc Faber Is Predicting Another Crisis
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Pip Anon commented May 11, 2014True to a point. You have to think in order to be effective. Now, that's not saying you have to make it difficult for yourself, which over-thinking is what leads many down a path of problems. We can say, "hey, I'm only interested in today." However, ...
Marc Faber Is Predicting Another Crisis
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Pip Anon commented May 9, 2014So, I see central banks been fecking it up for a lifetime
Central Bank Crisis Management during Wall Street’s First Crash (1792)
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Pip Anon commented May 9, 2014To quote Zeroheage, "on a long enough time line everyone's survival rate is zero." Lol. I like people like Faber and Schiff for the very fact that they try to find red flags when others are shooting hopium. Schiff was saying in 2005, 2006 and 2007 ...
Marc Faber Is Predicting Another Crisis
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Pip Anon commented May 7, 2014She see's great momentum in the economy but it "warrants" further accommodative easing. Gimme a fecking break. Her and her $3 haircut have no idea what she's talking about. She's worried about housing now when I been talking about it for seven ...
Everyone's Flagging One Warning From Janet Yellen's Testimony On The Economy
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Pip Anon commented May 7, 2014Oh, I know what you mean. The only thing that has been consistent is the destruction of purchasing power which is directly tied to central banks. I get that prices go up, but were are seeing astronomical prices. The Fed talked about low inflation, ...
Strong European Data Weighs on Dollar