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- Pipsforall replied Aug 30, 2011
If it wasn't for Fed board member Evans this morning stating that QE3 is on the table at the September meeting the euro would be tanking right now.
EURUSD
- Pipsforall replied Aug 25, 2011
I believe its 10 AM, the big question is has the euro strength this week been because the market thinks he might mention QE3 which would obviously lead to continued dollar weakness or not, I believe he will not, and I think the dollar will rally on ...
EURUSD
- Pipsforall replied Aug 24, 2011
Amazing, I can't believe the support the Euro is getting right now because of the belief that Bernanke might announce QE3 on Friday, its not happening, the markets are going to be in for a huge disappointment, FED Gov. Fisher said that Bernanke ...
EURUSD
- Pipsforall replied Aug 23, 2011
Good for you! But, you're the exception, not the norm. Most people blow up their accounts because they don't have enough capital to withstand the volatility. I use a mental stop loss, at some point I have a maximum pain point, usually its a few pips ...
EURUSD
- Pipsforall replied Aug 23, 2011
I don't use stops either, if you don't over-leverage they're not necessary, its all about managing your capital and margin. The problem is 90% of traders fail because they don't manage leverage and they don't have enough capital to really be trading. ...
EURUSD
- Pipsforall replied Aug 23, 2011
The FA for Europe sucked last night, my only guess is that the Euros ran all the stops while us Yanks were sleeping. lol I know I've been short since I woke up this AM.
EURUSD
- Pipsforall replied Aug 23, 2011
Gotta love Forex, so all of the Euro numbers last night show that the European economy is either contracting or has slowed from the previous month, the German manu number came .1 better than expected and the French services number came is what .3 ...
EURUSD
- Pipsforall replied Aug 18, 2011
While we've got a little time, here is one of my favorite songs, I listen to it weekly. lol video
EURUSD
- Pipsforall replied Aug 18, 2011
Its possible, someone on CNBC made that remark, so I can't vouch for its veracity.
EURUSD
- Pipsforall replied Aug 18, 2011
I've got a lot of shorts going right now, so I'm also biased. But, I know, I'll be covering soon enough, and saying wtf, why didn't I cover sooner, its the fundamentals that are keeping me in these trades longer than I should be. lol
EURUSD
- Pipsforall replied Aug 18, 2011
I'm wondering if the Asians are going to get up, see the European and US market carnage today, the $500 million dollar loan that an EU bank took from the ECB today, further bad economic news from Europe, the worst Philly Fed number since 1998, and ...
EURUSD
- Pipsforall replied Aug 18, 2011
I think 1.43 will crack today, but its a tough nut to crack, if it cracks and holds, I think we move to bottom of the flag, 1.41 to 1.40ish.
EURUSD
- Pipsforall replied Aug 18, 2011
European banks are on fire, one European Bank borrowed $500 million last night, and we got a hot US inflation number today which makes it more difficult for Bernanke to do a QE3, and Finland wants 40% collateral from Greece to bail them out, they're ...
EURUSD
- Pipsforall replied Aug 18, 2011
That Big Bearish Bar on the 4 hr holds this looks to me like the beginning of a move back to the bottom of the daily channel and the 1.41s, of course have to break 1.43 and have 1.43 hold as resistance, and the 4 hr BEOB has to still close as a 4 hr ...
EURUSD
- Pipsforall replied Aug 17, 2011
Helluvah nice area! If it wasn't for the morning commute, I'd live at the beach. haha
EURUSD
- Pipsforall replied Aug 17, 2011
At some point the fundamentals matter, the TA the last two days have been really screwed up based on news, first we spiked on Merkel/Sarkozy bombing, then we spike because CHF expectations were not met, right now we have a phenomenal 4 hr pinbar, ...
EURUSD
- Pipsforall replied Aug 17, 2011
This is crazy, more bad news for the Euro and it skyrockets. lol The Euro current account was a horrible, horrible number.
EURUSD
- Pipsforall replied Aug 16, 2011
S&M are in lala land, they think they're going to get this passed by 17 countries in 2 1/2 years. lol
EURUSD