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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:

EUR

Discuss EUR in this thread
 
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 6, 2011 22:02
Mkt had so many hints now it might start changing its belief system imo.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 6, 2011 21:58
If I am trading news event I never trade the first spike. I trade after the spike and first ret. Spreads can be penalising on first spike, difficult execution etc.
Sir Ignore
United States
Posts: 3068
13 years ago
Apr 6, 2011 21:56
so catz..u say hint more hikes = 1.4500
and no hint 1.4000
dat it?
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 6, 2011 21:56
Reminder Chloe for tomorrow. If reaction is deep the final direction is most always the same as direction of first spike. The retracement after the first spike if profit taking by news traders which should not ret 100%. Then after the profit taking you get reveral back again which can often be sustained depending upon the power of the news event
Nor
Lemberg, Canada
Posts: 249
13 years ago
Apr 6, 2011 21:53
he reminds me Ben Afflecks character from the Boiler room film when he gave his "act as if speech"
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Apr 6, 2011 21:50
Trichet is unlike Bernanke a professional inflation hawk because the only mandate of ECB is price stability. He needs not care about economy. However the ECB is under political pressure to support economy. But his tenure ends soon. I think ECB will hike 25bp and for outlook use Greenspan FED speak. If he gave hawkish outlook , the EUR reaction may be up to 1.45 in a peak and then back to 1.43 , but Ezone stocks would crash.
Sir Ignore
United States
Posts: 3068
13 years ago
Apr 6, 2011 21:49
he'd better be now..
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 6, 2011 21:48
I call Ash Premadonna. He so confident.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 6, 2011 21:47
OMG, that bad :-)
Nor
Lemberg, Canada
Posts: 249
13 years ago
Apr 6, 2011 21:47
Ash is perfect :)