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Vachus replied May 29, 2014I have no intention to short actually, i'm waiting and will go long ... 1.066 1.055 1.044
EURUSD
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Vachus replied May 29, 2014When a company decides to to borrow or a household going for a loan, they care more about actual/real interest rates not nominal ones ... real interest rates are negative for the last one year and half! Do you actually understand how interest rates ...
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Vachus replied May 29, 2014This is not completely accurate, he could end up doing nothing - yet the Euro doesn't rise ...
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Vachus replied May 29, 2014And sometimes you really wonder, Can Goldman Sachs be that powerful?
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Vachus replied May 29, 2014Well, what do you expect from a commercial member?! This why he took a snap shoot of Citiboy's post, because at time the trade rallied +50 pips ..
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Vachus replied May 28, 2014I'm not upset at all, slightly frustrated yes - but who isn't?! Even if you were shorting since 1.399, price is not giving anyone a chance to short ... there were till today three or four numbers i gave, speculating on a bottom: $1.370 ( With a stop ...
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Vachus replied May 28, 2014I'm not harsh on anyone, and i was simply explaining my opinion. Have u seen me waiting to reply to everyone saying " I'm going short", No! You know why?! Because very few people around here, can call numbers like $1.20 or $1.50 while stand their ...
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Vachus replied May 28, 2014Just there is no room for misunderstanding: I consider Max, one of my early mentors and i greatly respect him ..
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Vachus replied May 28, 2014Where do you get this certainty from? He might deliver, he may, perhaps - it remains a possibility ... but are you truly sure he will deliver, based on the available evidence?!
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Vachus replied May 28, 2014So, not only the Euro can't be kept below $1.26 ( The 10% theory) - but it can move up 300 / 400 pips?! I think you are down on numbers, the range will be 700 to 800 pips (Approximately 5%) This policy maker who thinks the exchange rate is a ...
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Vachus replied May 28, 2014I, ask only one question: What if June meeting comes, and he delivers nothing?!
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Vachus replied May 28, 2014Let's say this scenario materialize, tomorrow morning the Euro is trading at $1.26 - can u keep it pinned down for at least 3 to 6 months to filler into the economy?! Haven't we been two times below $1.27 and $1.30 - only for the rate to bounce ...
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Vachus replied May 28, 2014Hey Max, It's not the Euro being sold anymore, but the Sterling spill over effect ...
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Vachus replied May 27, 2014The buy order is filled, max down should be around 10 to 15 pips ( if no news headline roiled the market ) - by tomorrow's opening we will see. The gate is wide open towards $1.375, since the bears needed it desperately - but the more it takes to go ...
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Vachus replied May 27, 2014They do it all the time, and they lose money ... if you think i'm in denial or these morons know what they are doing, just check their trade recommendation one year or two years ago! Deutsche bank as an example, promoted selling the Euro since $1.26 ...
EURUSD