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ThisPip replied Dec 6, 2013sitting on the sidelines for now. Lately the dollar kinda lost it after NY OPEN, from my observations.
EURUSD
- ThisPip replied Dec 6, 2013
equities take it well, in ten minutes dollar is gonna be toast again..
EURUSD
- ThisPip replied Dec 6, 2013
ok, except maybe demand on the dollar index with a bullish engulfing candle and failure to break supply on the small tf for eurusd. But you are right, dollar weakness could mess all of that up. However, it is just a trade right.
EURUSD
- ThisPip replied Dec 6, 2013
i never said there was a reason in a technical sense for THAT tradeEURUSD
- ThisPip replied Dec 6, 2013
cuz ahead of the nfp we can see a strenght in dollar, cuz good numbers are expected. My gamble is to be able to put SL to break even ahead of the NFP publication.
EURUSD
- ThisPip commented Dec 6, 2013
What is gonna be the x factor of importance, will be the unemployment rate, rather then the NFP number in my humble opinion. The risk-reward after the few down days in equities looks tempting....for a long position, also futures on the rise, getting ...
Payroll Gains in U.S. Probably on Track for Best Year Since 2005
- ThisPip replied Dec 5, 2013
Yes he is, i really like the guy, stays cool no matter what. And the start of the conf, how he wished all a merry x-mas. None of the journalists said "same to you Mr Draghi"... dumb intellectual writers..
EURUSD
- ThisPip replied Dec 5, 2013
ECB live stream of press conference, for those that are interested
url (hope it works)EURUSD
- ThisPip commented Dec 5, 2013
My post is just one way of looking at a market for the time beeing. And just one part of a analysis that should include other technicals for example. Whatever works for you. Cheers
ECB under policy pressure from its own forecasts update
- ThisPip commented Dec 5, 2013
A "theory": EURUSD is gonna remain under pressure until the ECB policy meeting. Rates r gonna be "likely" unchanged. Equities gonna find more stability or call it temp. bottom. After the ECB meeting, EUR will rise again eventually, till then the ...
ECB under policy pressure from its own forecasts update
- ThisPip commented Dec 4, 2013
Yes, a bit "too excellent"....
ADP: Private Sector Employment Increased by 215,000 Jobs in November
- ThisPip commented Dec 3, 2013
another clear indicator why the Pound is THE strongest currency of the Majors for the Moment... once the slight reversal currently taking place is over.
UK construction output rises at fastest pace since August 2007