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Crassius replied Jul 27, 2012With all due respect to Zerohedge, I think he is being too lightly flippant.... Stocks would like it.... stocks like QE.... currencies go down under non-sterilized QE
Euro/Dollar
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Crassius replied Jul 27, 2012Eurozone must be absolutely on the brink for these comments to be coming out in such a co-ordinated way... and including Merkel. But what are they saying? Bond buying is QE on the Euro side of EURUSD..... devalues the Euro. Bond buying by whatever ...
Euro/Dollar
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Crassius replied Jul 27, 2012I think we will correct back toward the 2500 area, barring some shocking event like a Grexit followed by bank runs on Spain etc.... ..... but since we are heading into August, I doubt we will get a nice clear corrective wave in three well defined ...
Euro/Dollar
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Crassius replied Jul 27, 2012WE need a healthy retrace before US GDP...... would like to see us consolidate around the DP before US data
Euro/Dollar
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Crassius replied Jul 26, 2012Yes -- we can't have bullish action because business is good and the profits are rolling in --- These days we only get bullish action when the world is on the fast track to hell -- and the central bankers are stepping in the "save the day". WE ARE ...
Euro/Dollar
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Crassius replied Jul 26, 2012The by now familiar S&P500 chart --- We bounced off the channel bottom as well.... Gonna be very interested to see if cash equities in US can close back inside that channel.... or price gets rejected at the channel on a daily closing basis. I am ...
Euro/Dollar
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Crassius replied Jul 26, 2012That was my TP at 2234... I'm flat..... +2% I am playing a breakout strategy so no buying on dips for me.... I just have to be patient and wait for the next breakout signal... Won't be today....
Euro/Dollar
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Crassius replied Jul 26, 2012Yesterday amid strong signs of smart money buying I said, Today Draghi says, European Central Bank President Mario Draghi signaled that officials are prepared to do whatever is needed to preserve the euro and act on surging bond yields that are ...
Euro/Dollar
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Crassius replied Jul 26, 2012I need 2234 to make 1.5 Risk/Reward.... just a little more....
Euro/Dollar
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Crassius replied Jul 26, 2012ECB's Dragi says, "ECB will do whatever it takes to save the Euro" Nice bounce
Euro/Dollar
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Crassius replied Jul 25, 201215 minute chart of the by now familiar S&P500 chart posted earlier.... As US traders come back to their desks..... those that don't trade the overnight session... a key level awaits judgement
Euro/Dollar
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Crassius replied Jul 25, 2012Love the chart.... its what this thread is all about.... until election..... that election... it really is the fly in The Bernanke's ointment at this crossroads... still he set out to make the market dance to his tune... but now he is the dancer ...
Euro/Dollar
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Crassius replied Jul 25, 2012Strong bounce off DP as bad econ number ZEW comes in.... someone big is buying down there..... tempted to re-enter my long... but will have to stick to my trade rules.....
Euro/Dollar