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fxtyrant replied Jan 23, 2020watch out for a quick spike up, if you're looking to short. short it closer at 1.1120 where the weekly pivot point is at.... probably gona headmuch lower after the spike....
EURUSD only
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fxtyrant replied Jan 23, 2020url PS. theres a delay on the youtube link above... BBG seems to be ahead.... better watch on Bloomberg
EURUSD only
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fxtyrant replied Jan 23, 2020no problem, you are entitled to your opinions. I hope you are wrong.... since im working as a trader for a European bank..... and I am bracing for the worst scenarios out of Europe.
EURUSD only
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fxtyrant replied Jan 23, 2020i wouldnt mind the EURUSD going up to say 1.1120 or whatnot, more opportunity to short the hell out of this rubbish called Euro....
EURUSD only
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fxtyrant replied Jan 23, 2020I strongly advise you to go to Europe and talk to the people there... Im aware that Greece is improving but small economies can improve fast but may not be big enough impact to keep Europe out of trouble... Talk to people in France, Germany, they ...
EURUSD only
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fxtyrant replied Jan 23, 2020Europe is not improving, if anything you have potential problems in europe in 3-6 months time... EU-US, Car vs Digital tax and trade discussions.... Italy problems... European Banks capitalisation issues will happen again... Deutsche to lead the ...
EURUSD only
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fxtyrant replied Jan 23, 2020well spotted, any data coming out today or tomorrow on the GBP?? otherwise 1.3025 target?
Pivot Trading
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fxtyrant replied Jan 23, 2020well this turned out great..... damn this system is good....
Pivot Trading
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fxtyrant replied Jan 23, 2020lol I bet 99% in here was smashing that Refresh button on the front page of forexfactory.... we have yet to listen to what Lagarde has to say, but from what im hearing.... Missing inflation is a concern.... do not be surprised if Lagarde talks about ...
EURUSD only
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fxtyrant replied Jan 22, 2020Heres the reason why i dont see ANY cuts for 2020.... If the 3Y1Y libor swap spread stays where it is at -14bps, fed doesnt have the necessary -25bps for them to make the cut. notice that in the chart. only time the fed raises is if the orange line ...
EURUSD only
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fxtyrant replied Jan 22, 2020question.... Trump has been trying to talk the USD down, and since him getting in the office what has the USD Done? it surely hasnt fallen apart.... why?? Because the US Dollar value is determined by the FED using monetary policy tools.... and atm ...
EURUSD only
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fxtyrant replied Jan 22, 2020you misread me.... in fact i said we wont be seeing any rate cut this year from the FED.... and a likely hood of rate hikes coming back into the frame.....
EURUSD only
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fxtyrant replied Jan 22, 2020thats because Trump is in Davos, hes always in a good mood when hes in Davos, just wait till you see him back at the white house.... i dont think Trump talk has much impact on Euro... but its always possible that EUROPE would have something where ...
EURUSD only
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fxtyrant replied Jan 22, 202028 pips range and you call this a roller coaster?? god i miss the good old days when EURUSD moved 100-200 pips a day....
EURUSD only
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fxtyrant replied Jan 22, 2020FYI, Swiss National Bank is relevant for the EURO. because they are one of the very few central bank who has a mandate to keep swiss franc in a manageable level by Buying the Euro and Selling the CHF..... so if SNB is to intervene at support, its ...
EURUSD only
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fxtyrant replied Jan 22, 2020depends how disruptive the whole Italian government destabilizes Europe.... Worst Case Scenario..... Di Maio stepped down, we may have to go through Italian Election again soon... and if the election favors populist far right, previous commitments ...
EURUSD only
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fxtyrant replied Jan 22, 2020for all those who caught the CAD trades, Congrats all
and from BOC statements as below I wonder if they are forecasting weaker growth because of US China phase 1 trade deal where China having to import more from US would be direct detriment ...Pivot Trading
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fxtyrant replied Jan 22, 2020haha buddy one level at a time..... but yes we'll be seeing EURUSD trading MUCH lower soon.... and mark my words Italy is going to be the trigger again.
EURUSD only
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fxtyrant replied Jan 22, 2020with regarding to EURUSD i already posted my commentary/views for anyone longing, please dont take offense, its really your choice to take in what I say or not... im just putting it out there. and im not always right... Also, EURUSD also getting ...
EURUSD only