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Crassius replied Jun 14, 2012short covering and profit taking ahead of the risky weekend, as well as NY option cut activity touted as reason for 1.2600 level being achieved... I still think the banks will want to clear out all those shorts with stops at 1.2630 - 35 before the ...
EURUSD
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Crassius replied Jun 14, 2012If I were on the desk at a big bank.... I would sure like to stop hunt and trip all those stops at 1.2530 - 35 and clear out all those shorts ahead of a risky weekend ---
EURUSD
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Crassius replied Jun 14, 2012further on the NO QE3 rumor --- dovish members will say they are "poised for further easing should US data continue to weaken " --- but there will be no announcement of concrete QE3 measures next week
EURUSD
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Crassius replied Jun 14, 2012Rumor now circulating that there will be NO QE3 announcement at the next FOMC meeting next week..... think tank source
EURUSD
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Crassius replied Jun 14, 2012Stops tripped above 2590 were range players most likely... Offers earlier touted ahead of 1.2600 and again at 1.2620... heavy buy stops reside 1.2630 - 35 ... where they are very safe today...
EURUSD
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Crassius replied Jun 14, 2012Tick data has a huge advantage.... once you collect the data tick for tick, you can build any kind of bar out of the data.... a bar is nothing more than a scheme for sampling streaming data.... time based bars impose an artificial structure on the ...
EURUSD
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Crassius replied Jun 14, 2012Germany's Weidman is speaking... he's a big hawk and is talking negatively about ECB support... LTRO... and Euro Bonds... Its what he always says........ but its chilling the market short term...
EURUSD
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Crassius replied Jun 14, 2012I hate Metatrader and think its a worthless piece of crap... it is only popular because it is FREE... and worth as much.... MT4's biggest drawback is it doesn't handle tick data... at all... it is all minute based... strictly amatuer shit... there ...
EURUSD
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Crassius replied Jun 14, 2012Pimpco's VP says he sees QE3..... they are trying to get this QE3 bullshit rally underway....
EURUSD
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Crassius replied Jun 14, 2012Markets are positioning for a risk on mood... US stocks up and bonds down.... There are rumors flowing from a Think Tank source "on a deal in Europe"... take that with a VERY large grain of salt but keep your ears pricked fro anything further coming ...
EURUSD
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Crassius replied Jun 14, 2012Don't you get a free toaster at 1800? I think it was the toaster...
EURUSD
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Crassius replied Jun 14, 2012The pre-market European version is actually pretty good -- but the American version that comes on after 6AM EST sucks.... It is nothing but a talk show chatter, and a platform for CEO's to come n and pump their stocks.... its always running in the ...
EURUSD
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Crassius replied Jun 14, 2012Those idiots on CNBC are salivating as they talk up the need for QE3 --- following weak jobs number more of the what got us here in the first place.....
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Crassius replied Jun 14, 2012Sideways .... as expected.... Watch out though for American Stocks as they come into play over the coming opening hour.... One thing that may bring some PA is a QE3 bullshit rally in NY stocks...
EURUSD
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Crassius replied Jun 14, 2012SNB ready to take more measures if needed and they feel CHF is still too high
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Crassius replied Jun 14, 2012Anybody laying a bet on EURCHF -- upcoming rate decision will be followed by a press conference ..... very slim chance SNB will announce measures that could change the 1.2000 floor they have been defending, and complaining of as too low and should ...
EURUSD
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Crassius replied Jun 14, 2012Merkel will be addressing Parliament in the coming hour -- Many times when Merkel speaks... the market moves.... I'll post anthing if it seems market moving...
EURUSD
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Crassius replied Jun 14, 2012There is a big speech scheduled today and traders are positioning ahead of expected announcement of new strategy to ease credit conditions in Britain.
EURUSD