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- cloggie replied Dec 4, 2009
There is a disadvantage to a weak dollar for US investors, coupled with a low TED spread, the US investor is becoming "risk tolerant" they will need to invest in other higher risk vehicles to overcome the low ROI on t-bills and the cheap dollar. I ...
EURUSD
- cloggie replied Dec 4, 2009
You really are a wind up merchant aren't you, did your mommy not breast feed you?
EURUSD
- cloggie replied Dec 4, 2009
One of my new HP workstations crashed, but am back again. I saw todays down move as an excellent opportunity to add to my longs, we made it all the way down to S2. The up trend is not going to end today....
EURUSD
- cloggie replied Dec 3, 2009
still keeping an eye on 66, PA is materialising into a long. Sorry for thread drift.
EURUSD
- cloggie replied Dec 3, 2009
nope, he even quoted BB, could not get more hawkish; let's see how the big boys respond. The message was in 3 parts, no futher liquidity, base rate is correct (he must have confirmed that 5 times), a strong USD is important. All wishful thinking as ...
EURUSD
- cloggie replied Dec 3, 2009
Trichet: "we have a very important stake for the USD to be strong and are looking carefully at the relation between the EUR and USD"
EURUSD
- cloggie replied Dec 3, 2009
No additional QE from ECB. No schedule for withdrawal of current QE
EURUSD
- cloggie replied Dec 3, 2009
Inflation positive and forecasted to grow further due to reduced cost of commodoties. Inflation in line with aim to remain close to 2%. Annual CPI 0.3 in 09 0.8 in 10 upto 2 in 11, inflation projections for 2010 unchanged.
EURUSD
- cloggie replied Dec 3, 2009
Very brave, with an upward trend on the hourly that started on the 26th Nov. Scalping are we?
EURUSD
- cloggie replied Dec 3, 2009
I am looking at cable, some long opportunities may arise there shortly, see what Trichet says.
EURUSD
- cloggie replied Dec 3, 2009
Everybody jockying for position before the BOJ starts spending today as expected?. This will skew any bias for short on JPY pairs.
EURUSD
- cloggie replied Dec 3, 2009
same here, not a good time to short. Unless Trichet puts his foot in it.
EURUSD
- cloggie replied Dec 3, 2009
If I were a scalper, my bias would still be for long: H4 is closing above the major resistance of 5108, and still bullish M15, M30 and H1 set to close above the minor resistance of 5127 the daily may be testing 5143 shortly, which is important, I am ...
EURUSD
- cloggie replied Dec 3, 2009
Nothing much will happen until 1330 GMT when the ECB has its press conference. here: url As a foot note, a RBS forex trader in NY is taking home 20MM as a bonus this year. RBS did well in forex and gov't bonds this year.
EURUSD
- cloggie replied Dec 1, 2009
Not bad little entries, both in the green... Support at 5063 holding up the procession slightly
EURUSD