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- Pipsforall replied Jan 11, 2012
A lot of feds talking about QE 3 today despite stronger US economy, I wonder when the market is going to make all those hedge funds who are pounding the Euro pay.
EURUSD
- Pipsforall replied Jan 11, 2012
French downgrade rumor denied by France, has not received its 12 hour pre-downgrade notice from S&P yet. lol Euro still can't rally, ouch.
EURUSD
- Pipsforall replied Jan 11, 2012
Could be a double bottom forming here, the talking heads on CNBC are ridiculing that the Euro and stocks are down just because the Fitch guy said that Italy is to big to save, that the ECB should buy sovereign debt and that it should loan out money ...
EURUSD
- Pipsforall replied Jan 11, 2012
It was a double whammy, its been reported at the same moment a US Investment house dumped the Cable v. dollar bringing down the Euro as well in sympathy that Fitch's comments about the ECB needing to do more to stop the cataclysmic demise of the ...
EURUSD
- Pipsforall replied Jan 10, 2012
This reminds me of a few months ago when the Euro hit the 1.3150 area, we had a record number of shorts at the time, everyone was calling for it to go to parity, and it rocketed back up to 1.42. However, this time the fundamentals for the Euro ...
EURUSD
- Pipsforall replied Jan 9, 2012
I think the Euro is going to parity this year, but I think it sees 1.31 first because that's were my current take profit is. lol
EURUSD
- Pipsforall replied Jan 8, 2012
1.2880 for me. Record number of Euro shorts, its due for a 100 or 200 pip pop before it gets sold down hard again. JMHO
EURUSD
- Pipsforall replied Jan 8, 2012
Japan is closed today, with no liquidity right now, can't really get a grip on which way the market is going, however, I've put my money on a trip to 1.2850 to 1.29 before we hit the 1.25s.
EURUSD
- Pipsforall commented Jan 8, 2012
All the US needs to do is raise its taxes. Right now it has the lowest tax rates in the history of its country.
EUR/USD Outlook January 9-13 2012
- Pipsforall replied Jan 7, 2012
All time record number of Euro shorts as of yesterday's close.
EURUSD
- Pipsforall replied Jan 6, 2012
Lots of Euro news next week, starting with the Merkozy meeting on Monday.
EURUSD
- Pipsforall replied Jan 6, 2012
Not big on wave counting, but Euro 5 waves down, USD index 5 waves up.
EURUSD
- Pipsforall replied Jan 6, 2012
Thanks, I'm already in though, trading strategy is taking that into account, but the Euro has lost so many handles in such a short amount of time that I think we'll get a pop before we get there.
EURUSD
- Pipsforall replied Jan 6, 2012
I'm long here, although I think we could see 1.2650 if we get the French downgrade tonight or next week, if not, I'm looking to get out at 1.2880.
EURUSD
- Pipsforall replied Jan 6, 2012
I'm long as well, but perhaps we're finally seeing the decoupling of the risk-on risk-off buy euro sell dollar trade. Plus, with stronger numbers the likelihood of QE3 diminishes. Of course, the futures are beginning to move down with the euro sell ...
EURUSD
- Pipsforall replied Jan 6, 2012
South Korea stated it was a bs rumor, now the new rumor is French downgrade tonight, someone is trying to put a nail in this coffin. lol
EURUSD
- Pipsforall replied Dec 29, 2011
Thanks, it didn't look like a round formation, but I was trying to picture it in my head and using the retrace as the handle.
EURUSD
- Pipsforall replied Dec 29, 2011
Anyone know if a cup and handle has formed on the 1 hour chart, looks like a cup pattern to me, but I'm by no means an expert on chart formations.
EURUSD
- Pipsforall replied Dec 29, 2011
I'm long, hoping we continue to get a short squeeze through tomorrow. Everyone is short, markets are thin and the Euro hit a 15 month low this morning.
EURUSD