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Pip Anon replied Apr 5, 2013I'm out. Already hit my daily target, think i'll take the rest of the day off lol. Good luck guys
EURUSD
- Pip Anon replied Apr 5, 2013
Holding half. I cut some @ 1.294 to limit the risk. Trying to keep it tight, you?
EURUSD
- Pip Anon replied Apr 5, 2013
Well not saying it will say whether it will follow the ADP, but it is a good indicator. The jobless claims were also a miss.
EURUSD
- Pip Anon replied Apr 5, 2013
Went long, couldnt fight it. Positive German data and good change NFP will be poor if ADP is any predictor
EURUSD
- Pip Anon replied Apr 5, 2013
I mean typically there will be a false move, but I have watched Euro and US data. US data disappoints at euro will rocket, Europe disappoint and it just kind of hangs there.
EURUSD
- Pip Anon replied Apr 5, 2013
You have to love when traders take a -.6 GDP positive. YaaaaY. All we need now is a complete EZ meltdown at the euro will surely hit 1.4
EURUSD
- Pip Anon replied Apr 5, 2013
I don't know. If we break 1.2903 I think we can hit 1.2873. We have EUR gdp with a forecast of -.6 and retail sales. They may beat barely but we'll see.
EURUSD
- Pip Anon commented Apr 4, 2013
Yea tell that to Zimbabwe. The peak of their inflation was roughly 200 million percent. US and Japan are large economies, but even 8-10% can wreak havoc. Inflation may not show up this year, but a half-decade of non-stop printing is not good.
Japan Isn’t Bankrupt
- Pip Anon commented Apr 4, 2013
But their debt-to-GDP is over 200%; and on second not, the U.S., $16 trillion in debt, ain't bankrupt neither. It will bite them in the ass either way.
Japan Isn’t Bankrupt
- Pip Anon replied Apr 4, 2013
That's what the euro will do. It will drop 80 pips, consolidate for what feels like six months, than blast up; rinse and repeat. The thing is will these moves they become overextended so quickly they typically don't last long. More so when theres ...
EURUSD
- Pip Anon replied Apr 4, 2013
Well, we got UK data, EUR GDP and retail sales and Germany Factory orders. The dollar was up in Asian and London, but those Americans sold the shit out of it. I'm sure this was simply to put more points on the S&P. They can't help but jam more ...
EURUSD
- Pip Anon replied Apr 4, 2013
I totally get where you are coming from, but even with your chart you can see points that should have caused the same reaction but didn't. It's easy to add circles in hindsight and S/Rs can hold or not. Maybe it's a technical move, but than again ...
EURUSD
- Pip Anon replied Apr 4, 2013
Just seen EURUSD, what is with the spike? It's odd how the dollar just sold off like that, even ended negative. So I guess we just need more crap data to beat this thing down again
EURUSD
- Pip Anon replied Apr 4, 2013
Benny B. has been doing that for me for a while now. I'd send a fruit basket if I had his address EDIT: And Obama, but I don't like him enough to send anything
EURUSD