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- Pipsforall replied Nov 2, 2011
If it wasn't for the Greek divorcing from the Eurozone press conference, I'd be looking to go long here.
EURUSD
- Pipsforall replied Nov 2, 2011
What a horrible day, can't stand this whipsaw, more than 50 pip moves you gotta lock in the profit rather than watch it all come back on you. Wonder which channel we becomes dominant tonight. I guess it depends on S&M's press conference and whether ...
EURUSD
- Pipsforall replied Nov 2, 2011
Man, talk about painting the tape on the 30 min PB. lol Of course with Big Ben talking, won't be taking it.
EURUSD
- Pipsforall replied Nov 1, 2011
Greece keeps the EURO from going to $3 to the USD, lol. If it wasn't for the PIIGS the EURO would be so strong that the Germans wouldn't be able to export anything.
EURUSD
- Pipsforall replied Nov 1, 2011
If it wasn't for that money printing machine Bernanke opening his mouth tomorrow the Euro would really be tanking, however, the market is paralyzed, does he mention QE3, will that cause a dollar sell-off and a euro spike?
EURUSD
- Pipsforall commented Oct 30, 2011
In 1961, the highest marginal tax rate in the US was 91%. That's when the US built the infrastructure that ran the country for the next 50 years that is crumbling today, in 1974 the highest marginal tax rate in the US was 74%, in 2011 the highest ...
Obama Says Most Millionaires Willing to Pay Higher Taxes, Urges Jobs Plan
- Pipsforall replied Oct 29, 2011
From what I've read the market has priced in a 25 bps cut at 89%, and its expected the RBA will cut. However, the fundamentals don't matter anymore, we've entered a funnymentals era, as long as the market believes that Europe has kicked the can down ...
AUD/USD
- Pipsforall replied Oct 27, 2011
I think we'll see some profit taking as the market realizes there are some huge black holes in the European Bailout, and it might hit the fan a lot sooner than the 2 years I hear some analyst saying its been kicked down the street by today. I'll ...
EurAnalysis
- Pipsforall replied Oct 27, 2011
Just go with the flow until you see PA confirmation of a reversal. Funnymentals have really taken over the market, at some point fundamentals matter, but right now its all about funnymentals.
EurAnalysis
- Pipsforall replied Oct 27, 2011
Getting close to my sell targets, will wait for PA confirmation, but even with confirmation, do I want to get in the way of the daily 400 point gains as the DOW hammers its way to 20,000 on the back of very strong global economic growth led by the ...
EurAnalysis
- Pipsforall replied Oct 27, 2011
US is actually the largest exporter in the world, they just export highly technological machinery and big ticket industrial machinery, they don't export the cheap stuff that you see in Wal Mart that is all made in China.
EURUSD
- Pipsforall replied Oct 27, 2011
1.07 is looking top heavy here. However, I'm expecting a 1000 point rally in the dow this afternoon after a European plan that clearly falls short and just kicks the can down the street another year or so, so who knows what will happen. lol
AUD/USD
- Pipsforall replied Oct 27, 2011
The talking heads on CNBC believe the DOW will end up 350 to 400 points today. It has been said, therefore, it shall come. lol Btw, CDS market, a total joke, can never take it seriously again.
EurAnalysis
- Pipsforall replied Oct 27, 2011
I'm looking to short here. Thankfully, I got out of my short position in the Euro yesterday and am very happy I hedged with Aussie longs all along.
EurAnalysis
- Pipsforall replied Oct 26, 2011
Another summit in 3 days, maybe we'll get to 1.41 by then. lol
EurAnalysis