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Euro/Dollar

I have 2507 as a target for the August move up... against a falling former channel bottom... it will lower each day because the channel is a falling channel....... I'll post a chart in the morning.. That is so close to 2500, might as well call it ...

Euro/Dollar

There are some stops up at 2410... maybe we can goose price in the thin conditions and trip them for a nice... if brief pop.

Euro/Dollar

One of my proprietary algorithms measures what can be understood as pressure.... If you have ever played around with a garden hose you know that by increasing the water pressure the water will travel farther... I am measuring Asian levels of ...

Euro/Dollar

Just bought a March 2013 Put on Spy strike 140 for 9.72... Trades 139.95

Euro/Dollar

My have we come a far way so fast.... Usually we look at Ten Year Bond yields as a benchmark... but Draghi has said any operations would be on the short end of the yield curve.... Spain has already financed 70% of its needs for the year... If he ...

Euro/Dollar

2170-75 would be a really nice low to hit -- bottom of the channel and a nice place to complete the B wave

Euro/Dollar

The real move will happen during the press conference not the announcement. Keeping the rate unchanged keeps the interest rate differential between the US and Euro in place, and that makes the Euro more valuable vs the dollar. What the market really ...

Euro/Dollar

That was just the first sting of methadone instead of the numb of Hopium.... Tomorrow the real sobriety demands will hit...

Euro/Dollar

From a TA point of view it would be stupid to bid this market up past 2330 until we have more clarity.... But, I will not be surprised if the Hopium smokers bid us up to 2385 between now and the time Draghi starts speaking.... Its silly season.... ...

Euro/Dollar

Weidmann pours water on the Hopium.... gonna be a fun couple days.

Euro/Dollar

Silly Silly market..... Trades 2335

Euro/Dollar

If you have an aversion to fundies then please, by all means trade your charts. I find understanding what is driving the markets helpful to inform my technical analysis, others do not. To each his own. Thursday... specifically Draghi's press ...

Euro/Dollar

Today's High near the 61.8% retrace makes for a very neat B wave that you were expecting.... The next three days ( especially Draghi Presser) are likely to be so friggin' volatile that a nice clear cut ABC will probably get scrambled.... but if I ...

Euro/Dollar

There should be tons of supply right here between 2315 and 2320.... despite the hopium tone of recent action.... above 2330 is irrational and unlikely today... Of course, markets can be and often are irrational....

Euro/Dollar

Draghi QE hopium keeps coming up against reality at 1.2320 - 30.....

Euro/Dollar

I will be more interested to see if the story line shift's to Draghi printing.... not so much Ben... who is hemmed in by the election. They (Draghi and Co.) may try to structure it so it isn't printing on its face -- sterilized SMP, or put it in one ...

Euro/Dollar

Ha Ha Ha... thin conditions making it fun.

Euro/Dollar

Now come Monday... after this all has had time to sink in.... It will be time to start looking for a place to sell the fact to get in on the pull back.

Euro/Dollar

You know Tom... when I saw his post I clicked my browser closed and said to myself, " I gotta stop wasting so much time in that thread. Now its got peddlers posting in it". You did the right thing.

Euro/Dollar