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    • Vachus replied Jun 10, 2014

      Most probably, the banks will not withdraw the money - imagine how much would it cost to store all these liquidity in vaults ?! It's cheaper to take the hit on the negative interest rates, instead of lending it and risk write down ...

      EURUSD
    • Vachus replied Jun 10, 2014

      The negative interest rates goes into effect by NY close tonight, so it's kind of pricing in the rate differential - something that was expected kind of ... i thought they finished pricing in by yesterday, apparently not! ( The most disturbing ...

      EURUSD
    • Vachus replied Jun 9, 2014

      I would say more for the Bulls than the bears, .. but in any case, i would say it's worth the risk! The minimum target - If it holds, at least $1.365 if not higher we will see

      EURUSD
    • Vachus replied Jun 9, 2014

      That would depend on how it breaks it, but i'm expecting it to hold from now till much higher levels ...on the Daily chart, we are in reversal mode - so, IMO we are no longer talking about buying momentum building, it's already there! The question ...

      EURUSD
    • Vachus replied Jun 9, 2014

      It's a good episode, but practically the season kind of concluded with Prince Oberne death .... what a shame! He was my favorite character for Season 4

      EURUSD
    • Vachus replied Jun 8, 2014

      Yes, i still have the same thoughts and it's a disastrous trade ... It's going your way for now, and might be for a couple of months - so take as much as you can! ( Till the Bank of Turkey cut interest rates, then we could discussed it in further ...

      EURUSD