- Search Metals Mine
- JohnIsShort replied May 12, 2014
The headlines that will send Euro higher already came out. We are set up to to see a delay reaction though.
EURUSD
- JohnIsShort replied May 11, 2014
You could use GBP/JPY as well. It correlates as well or better url
EURUSD
- JohnIsShort replied May 11, 2014
By the look of it the peripheral bond markets inflows are accelerating since Draghi spoke. But sadly for you if you are long it has 0 impact on the EURUSD direction.
EURUSD
- JohnIsShort replied May 11, 2014
yeah! hehe but you would need to wait for low liquidity time and market would already have moved.
EURUSD
- JohnIsShort replied May 11, 2014
I'm not trying to directed it at you citiboy, I know you are not just using the flows for your bet on USD strenght. And yes you may even be right to see euro weakeness against USD. That is a chart of the inflows into the euro area everyone keeps ...
EURUSD
- JohnIsShort replied May 11, 2014
I understand that but I disagree. Inflows are meaningless, and that number already includes peripheral equities/bonds. Yes a large block of 1 Bn€ could influence the price for 5 minutes or 1h depending if it was a busy market or not. But thats about ...
EURUSD
- JohnIsShort replied May 11, 2014
This is the net flows that everyone keeps talking about that drove the EURUSD to this levels. Now that is excluding reserves distribution by other central banks and such but even so its not enough. It is a big hyped explanation, that explains ...
EURUSD
- JohnIsShort replied May 11, 2014
I feel like I'm the only one in the world who doesnt buy into the story that EURUSD is being driven up by flows. So it really sucks reading any kind of articles and research, since they are not talking to me.. its flows flows flows (with real-rates ...
EURUSD
- JohnIsShort replied May 10, 2014
To me it really depends on the QE they come up with. If its big enough, euro will devalue. Pound is going up because there is enough speculation that its over-heating on the housing front so BoE must start tightening a bit. Anyway the thought of ECB ...
EURUSD
- JohnIsShort replied May 10, 2014
If 1) you think ECB won't do any massive QE or even act in June and 2) you agree that range trading is the most likely outcome for EURUSD Then its easy to see how we will be again trading at the euro highs.
EURUSD
- JohnIsShort replied May 10, 2014
hmm probably the first time I see this thread bullish on EUR in general. Some months ago this type of discussion would be on if it went up for two days without a retrace. At least I believe some will try the bull side for the first time here, ...
EURUSD
- JohnIsShort replied May 9, 2014
yeah and I found out that citi story has some conflicting points. Their arguments are inconsistent.
EURUSD
- JohnIsShort replied May 9, 2014
God.. even ECB is politics, they have Bundesbank on their back all the time, Germany inflation-fear public, etc etc
EURUSD
- JohnIsShort replied May 9, 2014
Please.. haven't you learned anything from Greexit? Cyprus? Italian elections 2013? Short-term memory? Politics. And a lot of them. Euro is specially sensitive to politics! But yeah.. I don't think elections are going to be bad.
EURUSD
- JohnIsShort replied May 9, 2014
USD bulls got their dollar strenght originating from the ECB instead of the FED. Thats the worst base you could ask for dollar strenght. ECB is as unreliable as it can get.
EURUSD
- JohnIsShort replied May 9, 2014
It's different though. You can adress a confidence problem with words and another central bank putting the actual money upfront (FED), but weaken a currency is not possible just by using words. It has been tried and failed, look at Japan. ECB is ...
EURUSD
- JohnIsShort replied May 9, 2014
There is no way EUR is going to be used as a funding currency like USD with no QE. Yeah trying to catch bottoms is not good, I would just watch see it go. Normally bottoms happen when everyone stop trying to catch the bottom
EURUSD
- JohnIsShort replied May 9, 2014
One more push lower on stops selling and then we could have the low of the day.
EURUSD
- JohnIsShort replied May 9, 2014
Nahn man.. smart money is buying not selling. They know ECB can't do anything meaningful to lower the euro.
EURUSD