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- Iro replied Aug 3, 2012
Actually it went up when first they announced no rate cut because people thought they were going do bond purchases for sure. Then when Draghi was speaking it spiked to 1.24 when Draghi said "EUR is irreversible" and "ECB may undertake outright open ...
EURUSD
- Iro replied Aug 2, 2012
OMG now it went back up again. Stupid me shorted at near the bottom. =(
AUD/USD
- Iro commented Aug 2, 2012
Omg so much whipsaw. Down up down and now its up again.
ECB Press Statement
- Iro commented Aug 1, 2012
Its not gonna go down until the market knows a) fed not gonna stimulate in September and b) mario turned out to be full of it. Either way its setting up to be one heck of an explosive move.
July 2012 ADP National Employment Report
- Iro commented Aug 1, 2012
Remember the ADP report before the last non farm? Lol, they were so wrong people were commenting they should be shot. Wait til the real report to see the full story folks.
July 2012 ADP National Employment Report
- Iro commented Jul 31, 2012
Risk goes both ways you know. AUD/USD has just as much as risk as EUR/USD. Though if you're a bull it is better to long AUD/USD since it goes up much faster and the opposite when you want to short because of that interest differential.
Near-bankrupt Greece says cash reserves drying up
- Iro commented Jul 30, 2012
They're not gonna intervene until usd/jpy reaches 75 imo. Remember the last meeting? They've reduced the budget for market operations and added that to treasury buying operations.
A prime example of deleveraging
- Iro replied Jul 30, 2012
Ye I'd say its due for a correction, good place to short if it doesnt breakout. But you never know, I read on the last cot report, aud net long positions actually DOUBLED! Or maybe it'll breakout and start ranging just to mess people up lol.
AUD/USD
- Iro replied Jul 30, 2012
The aussie is on fire today. Seems like it'll touch the upper trendline for sure now, breached the 1.05 barrier. EURAUD dropping a champ as well.
AUD/USD
- Iro commented Jul 30, 2012
I highly doubt that. 1.10 maybe... 1.00 would require US economy picking up heaps, eurozone to fall into disarray, and maybe China liquidating its euro fx reserves and buying dollars again.
Euro worries could boost Obama
- Iro replied Jul 30, 2012
Wait til it hits the 4hr rising channel. Then you might get bears if it bounces off that. Medium term aussie is pretty bullish imo. If Draghi convinces enough eu politicians, we'll have eurobonds soon and that's awesome for the aussie.
AUD/USD
- Iro commented Jul 30, 2012
Lol communists? What are you smoking? THERE IS NO COMMUNISM. The only communists remaining are maybe North Korea and Cuba. All this euro crisis crap started because governments had to bail out greedy banks who lost big speculating on property and ...
Those who want Greek euro exit don't understand crisis, says Juncker
- Iro replied Jul 27, 2012
Here's a bloomberg article that I think explains the situation pretty well: http://www.bloomberg.com/news/2012-07-27/draghi-said-to-hold-talks-with-weidmann-on-ecb-bond-purchases.html I don't think its just talk. Remember when they did the LTRO last ...
Cable Update (GBPUSD)
- Iro commented Jul 27, 2012
I think everyone confused on what direction to go haha. The way I see it, the rate cut is euro negative, and the rest are majorly risk positive. So the way to go is short euraud imo.
Draghi Said to Hold Talks With Weidmann on New ECB Measures
- Iro commented Jul 27, 2012
AUD = RISK Nuclear OPTION: RATE CUT, BOND BUYING, LTRO. Obviously gonna outperform euro.
Draghi Said to Hold Talks With Weidmann on New ECB Measures
- Iro replied Jul 27, 2012
It may not be good in the long run but holy crap. Did you guys hear what he said?? His proposal said to include bond buying, rate cut, new LTRO! THE WHOLE WORKS. NOT ONE BUT EVERYTHING. omg covered my shorts, long aussie now.
Cable Update (GBPUSD)
- Iro replied Jul 27, 2012
I think I'll short, strong rejection candle + divergence on the hourly.
Cable Update (GBPUSD)