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PipTrapper replied Sep 30, 2011Sorry Billytt but I don't understand what you are trying to say. Maybe when you post the diagram I will understand. Cheers mate
14 Year Old Forex Trader's Lessons
- PipTrapper commented Sep 30, 2011
It's a catch 22 situation. If the ECB does nothing, then we shall have inflation and a recession If they implement some program that at the very least increases the supply of cheap credit, then we have inflation with some stimulus for the economy. ...
'Helicopter Trichet' - will ECB start printing money?
- PipTrapper replied Sep 30, 2011
The German upper house approved the EFSF expansion, and the Euro started falling again. I say the bulls just got their prairie oysters chopped off.
We shall see what happens on US open. Remember it is month and quater end so SP500 and DJIA may ...14 Year Old Forex Trader's Lessons
- PipTrapper replied Sep 30, 2011
The German upper house approved the EFSF expansion, and the Euro started falling again. I say the bulls just got their prairie oysters chopped off.
We shall see what happens on US open. Remember it is month and quater end so SP500 and DJIA may ...EurAnalysis
- PipTrapper replied Sep 30, 2011
I think you may be right on that one Blobik. Markets seem to be quite choppy today. US may bid up equities (month end shuffle and window dressing) right to close and keep it choppy. However, if that happens, we will have a weekend gap down. .
EurAnalysis
- PipTrapper replied Sep 30, 2011
Yep. They's had their horns clipped and the bears are sharpening their claws.
14 Year Old Forex Trader's Lessons
- PipTrapper replied Sep 30, 2011
Blobik you are correct and I know this. I was just trying to make a point about how screwed the EZ is
Read my update from last night. I predicted this. EDIT: (Sorry not last night, Earlier today) I inferred that the euro will go down harder if ...EurAnalysis
- PipTrapper replied Sep 30, 2011
I am betting the 1.3487 alert will be calling you soon. Eat up.
14 Year Old Forex Trader's Lessons
- PipTrapper replied Sep 30, 2011
No impact on the KOF Probably for the following reasons: 1. Euro is screwed 2. CHF is already undervalued from fair value 3. Nobody cares about CHF any more (it's pseudo-pegged) .
14 Year Old Forex Trader's Lessons
- PipTrapper commented Sep 30, 2011
If you place a buy limit order at 76.6, you'll probably get triggered later today and you can cash in next week when it surges up.
Azumi will boost FX intervention fund
- PipTrapper replied Sep 30, 2011
That prediction was scrapped hours ago. Now it's only a slim possibility if the US session brings some Equity bulls into play. However, I doubt it.
14 Year Old Forex Trader's Lessons
- PipTrapper replied Sep 30, 2011
The sentiment cannot get any worse for the Euro currency EU CPI Flash Estimate y/y was expected at 2.5% but rose to 3.0% If the Euro was not so screwed, it would have started to rally by now. Maybe there is a delayed reaction? I hardly think so. ...
14 Year Old Forex Trader's Lessons
- PipTrapper replied Sep 30, 2011
EU inflation and unemployment — The sentiment cannot get any worse for the Euro currency EU CPI Flash Estimate y/y was expected at 2.5% but rose to 3.0% If the Euro was not so screwed, it would have started to rally by now. Maybe there is a ...
EurAnalysis
- PipTrapper replied Sep 30, 2011
Refer to this article and decide for yourself. I have no experience with CHF so I don't know its personality. Sorry ADD: I forgot to mention that this article is from August but the same principle applies.
14 Year Old Forex Trader's Lessons
- PipTrapper replied Sep 30, 2011
For those of you who missed my post earlier this morning, heads up. 5:00am EST EU CPI Flash Estimate y/y expecting 2.5% 5:00am EST EU Unemployment Rate expecting 10% 40 minutes from now. The CPI figure will give us a hint as to whether or not we can ...
14 Year Old Forex Trader's Lessons
- PipTrapper replied Sep 30, 2011
For those of you who missed my post earlier this morning, heads up. 5:00am EST EU CPI Flash Estimate y/y expecting 2.5% 5:00am EST EU Unemployment Rate expecting 10% 40 minutes from now. The CPI figure will give us a hint as to whether or not we can ...
EurAnalysis
- PipTrapper replied Sep 30, 2011
Have patience. She's gonna go down on us
14 Year Old Forex Trader's Lessons
- PipTrapper replied Sep 30, 2011
It's even more positive now. All my shorts are positive this morning.
14 Year Old Forex Trader's Lessons