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

[Ivanovich]

If you want to split hairs, we all guess. Guessing is not knowing. They may be educated guesses, but it's still a guess.

Unless some of you know 100% what the market will be doing. If you do, please send me a PM posthaste!

-Ivan

 

[Andy62279]

if you have an edge, you are not guessing. if you have no edge, you are guessing

an edge is quantifiable

 

[Baruch]

Quote from TradingWise:

I believe the trend is up, this is just a correction.

OK, but the dollar is up more than 3% this year.

 

[TradingWise]

Quote from Baruch:

OK, but the dollar is up more than 3% this year.

That's because the correction started on 31-12. The correction was complete at the 27 lows. The current correction results from the up move since these lows.

But that's my opinion.

 

[Baruch]

Quote from TradingWise:

That's because the correction started on 31-12. The correction was complete at the 27 lows. The current correction results from the up move since these lows.

But that's my opinion.

Correction or a new trend? We don't know - yet.

 

[Andy62279]

i actually had a buy signal just before the news release... Now I go out and play in the sun

good day everyone

 

[illiquid]

Think 1.30 be tested on jun futs this week?

 

[TradingWise]

Quote from Andy62279:

i actually had a buy signal just before the news release... Now I go out and play in the sun

good day everyone

Did you enter your position? :eek:

 

[Andy62279]

Quote from TradingWise:

Did you enter your position? :eek:

of course. I was long with a small risk. Now I wait for the next trade

 

[Ivanovich]

Welp, I was wrong about the measured thing. Said the Euro would regain after the release if the measured word was in it, and it collapsed instead because the rest of the statement hinted at a more aggressive tightening.

Which is precisely why I stood aside and didn't open a position - I figured I'm often wrong!