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    • fxsport replied Jun 15, 2022

      My hat's off to you sir/madam for your patience and discipline. You are an inspiration to me as I am really, really fighting the urge to short EU .....BUT like you I'm going to wait until it give me a clear signal. Personally I doubt it reaches 1.06 ...

      EURUSD only
    • fxsport replied Jun 15, 2022

      Actually it was a gift - now I am much more confident that the Euro will tank . Think about this - the US is raising rates to 1.25 or greater and the ECB thinks it is a good idea to keep rates 0% AND inject more PPE euros into the ...

      EURUSD only
    • fxsport replied Jun 14, 2022

      Good observation Zookeeper - look at the 1 hr on the DXY (US $ futures - the driver behind EUR/USD). Since wave 5 is done I would expect dollar weakness tomorrow. WHAT???? But the FED is going to raise rates at a MINIMUM of 0.5% and most likely ...

      EURUSD only
    • fxsport replied Jun 13, 2022

      It's not just talk - it was a trial balloon that the FED sent up today and well the results weren't pretty. Let's face it folks there are some things that the FED can't control - food prices and energy prices (these 2 make up 35% of inflation) Of ...

      EURUSD only
    • fxsport replied Jun 13, 2022

      On a more serious note I'm flat - waiting for the 2:00 pm FED speaking. I'm waiting to see if they "pre-announce" a 0.75% rate hike for Wednesday. This has the possibility for some volatility...then again he might just say the same-ole-same-ole ...

      EURUSD only
    • fxsport replied Jun 13, 2022

      I just found the "Bear Pack" in the green room, getting ready for their entrance. image In case you're wondering yeah even the Chinese bear (Panda) are coming out with the Australian one...

      EURUSD only
    • fxsport replied Jun 13, 2022

      We should know more today at 2 pm when FOMC member speaks. If there is an reality to the 0.75% rumor today they will "hint" at it. Personally I believe Powell will stick to the 0.5% and "suggest" 0.75% is coming in July.

      EURUSD
    • fxsport commented Jun 10, 2022

      Let's break it down: 1. Inflation is too high - yes BUT any FED rate increases takes a MINIMUM of 4-6 months to show up and so far all the FED has done is raise rates by 0.25% with 0.5% coming next week...unless the FED goes 0.75% (Which I would ...

      Consumer Price Index - May 2022
    • fxsport replied Jun 10, 2022

      I'm sorry for my prior post - I was being a "smart azz" when I shouldn't have. I've been there and done that with the falling knife and dead cat bounce as well. Look at this 2 min chart as it clearly shows the dead cat bounce from bottom up to 50% ...

      EURUSD only
    • fxsport replied Jun 10, 2022

      Welcome back... I'm of the opposite mindset - I'm waiting for Legarde to speak and watch the Euro fall like a rock. Not that I believe it now but I'll post it anyway... image

      EURUSD only
    • fxsport replied Jun 10, 2022

      Of course it isn't and the idiots in the White House should have known that - Personally everyone in the Treasury Department and ANYONE who repeated the IT'S TRANSITORY INFLATION - should be FIRED!!!! image

      EURUSD