You must have forgot you just said "I still don't see your point" when he was talking about governments needing cash, anywhere they can get it. The point was anywhere they can get it means CB intervention. You asked I answered. Imo, NO QE3 until ...

EURUSD

So you should know how that effects the exchange rate correct? He just said govs are desperate for cash.. and its true. I still think we will see another down leg before we see any central bank intervention

EURUSD

Central banks buy government bonds, lots and lots of them

EURUSD

If it does go up I don't see more than 1.2480-90 (before the next pull back I mean, who knows when it resumes bear trend)

EURUSD

Indeed, and here's proof that the central banks are helping

EURUSD

Pencil for a dollar?

EURUSD

35 and 18 for me, might cut the 18 soon, watching 2415

EURUSD

Was thinking this as well. People can be so emotional. It's the Euro... of course it's going to have pullbacks (although it already did at 2440) especially during a retrace Just look at June.

EURUSD

S/L was barely missed Look at who Bernanke is speaking to, and the market still cares. Well, at least some. Only 1500 viewers on the livestream, normally about 10000

EURUSD

url

EURUSD

NY session typically dies pretty early then comes back for a little end. Just added another short at 2418 with 5 pip s/l, based on momentum only (that particular entry), already moved it to BE Next is 2407/09 , which is also 1hr bollinger mid, ...

EURUSD

[quote=drzakir123;5910436] I appreciate that but that's not an option for me (blowing account) Thank you very much for the vouch. I will attempt to learn patience by allowing myself 300-600 pips of draw down on my position trades. However, with ...

EurAnalysis

2417 holding so far. I just wish we could get one big retracement in E/U so there is more of a clear direction where we are going, and so there is more of a reason to enter long. The slope of E/Us up channel here is very shallow and retracements ...

EURUSD

What's surprising me right now is the lack of retracements for the long side. Only one from 1.2440 for 100 pips, which if didn't happen I probably would have pulled my hair out. When we retraced in June there was still tons of sell pressure. A very ...

EurAnalysis

1.2450 was a large option expiry, 1.25 is double no touch with 1.20. Not sure when they expire but I think soon, which is probably the reason for the heavy defense at 1.2440 Sell limit with tight stop at 35 triggered, I forgot I even had this thing ...

EurAnalysis

Sell limit with tight stop at 35 triggered, I forgot I even had this thing still going. Woke up to 2440 still holding strong. As with during London, 2417 and 07 are now important support. I want 1.2390s before an attempt higher (if), but trying to ...

EURUSD

closed half at 2411 (so basically the same as +9 locked +9 floating)

EURUSD

going for 2407 test

EURUSD

short 2429

EURUSD

and i called the bottom to the pip. 76/77 actually took profit on the short. you meant longer term i guess didnt get trapped at all nice call on the bull however

EURUSD