Chinook's EUR/USD (E/$)Mumblings

Quote from SethArb:

he might give us some insight on what is going on tonight !
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Market finds my stops, hit it and then go right back down. That's what the hell is happening!!!!:mad:
 
Quote from Maxprofit$:

Market finds my stops, hit it and then go right back down. That's what the hell is happening!!!!:mad:
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What the hell is happening is that there is some HEAVY fire power short at 1.3000.

Whatever big cannon(s) is up there, it (they?) is outgunning the exhausted longs.

This is a good thing. :p

fxs
 
Quote from fxsniper:

What the hell is happening is that there is some HEAVY fire power short at 1.3000.

Whatever big cannon(s) is up there, it (they?) is outgunning the exhausted longs.

This is a good thing. :p

fxs
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From 4cast online, not my comment:

"Big N.E. Asian/ Asian sovereign buyers of EUR/USD turning sellers ahead of the key 1.3000 barriers again? Hearing talks of large selling from good names out of HK, large HK names, UK clearers and China names, capping EUR/USD just 1 pip from key 1.3000, that is 1.2999, before the EUR/USD dipped to day lows of 1.2957, with speculation of stoploss building on break of 1.2940, though bids still around 1.2850-80. "
 
Snow is speaking at 6:30 eastern standard time and I think it will be a market mover. Bloomberg reports that an assistant of his called the $ decline against the Euro "orderly and measured" or some such thing a couple of days back and the market is looking to see if Snow says the same thing.

Cheers,

TRADERguy
 
Quote from TRADERguy:

Snow is speaking at 6:30 eastern standard time and I think it will be a market mover. Bloomberg reports that an assistant of his called the $ decline against the Euro "orderly and measured" or some such thing a couple of days back and the market is looking to see if Snow says the same thing.

Cheers,

TRADERguy
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From this article:

"The unsettling worry, however, is what could happen if foreigners suddenly lost interest in holding dollar-denominated investments."

More pure speculation. Worry is an irrational market moving emotion/mania... short term.

I'll trade against it any day of the week.

fx
 
"keep it simple stupid"

I can't believe I didn't grab my profit when I saw a piercing candle patten after today's low! Had to get out at b/e, now long + 10 pips, getting out around 1.2989

Off to bed, limit order in. Damn COLLEGE, whats it good for anyway !:p
 
Quote from V-Viper:

"keep it simple stupid"

I can't believe I didn't grab my profit when I saw a piercing candle patten after today's low! Had to get out at b/e, now long + 10 pips, getting out around 1.2989

Off to bed, limit order in. Damn COLLEGE, whats it good for anyway !:p
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"Damn COLLEGE, whats it good for anyway!"

Current market: 1.2959.

Not much.

fxs
 
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