Thread: Closed: Discuss EUR/USD News with a DailyFX Analyst

Originally Posted by abvillian

see, you are right exactly....

Once you acknowledge the trend is over and position your trades, Goldman will be dumping into your face...and going to the bank....

Just scroll back to my first post on this thread....You were long Euro at 1.51 or so when I told you the game is over and Euro is going down to 1.35, you were laughing back then....

Remeber?? You should mark dates when I come to visit....LOL

Who specifically are you talking to?

my second post was to your comment to a comment .....

Originally Posted by alen

Did you see the EUR/CHF monthly chart, what is 1.45 level called? Any chance for euro to spike up?

We do not know who is playing what...so may be it does spike and may be it does not...That is why you wait till see a clear message/signal or stay away.

I am not following eur/chf so I have no idea about its levels, when you have a central bank fighting, no need to trade that pair, it will be all smoke and mirrors.

But back when they announced the intervention, it spiked from 143 tp 146 and never touched that level again till now, so the fact it came back down to that level again is a sign, may be it takes it out and you make new lows.

Originally Posted by Sean Hyman

Exactly.... when you have to have a ton of money to have them manage your accounts....why would they go out on the internet and broadcast "free trades" unless they wanted to suck you in so you'd be the liquidity that they need for their opposing trade.

haha! I agree.

These guys aren't a charity.

They are a country inside our gov Sean, they play everyone, they can change laws, regulations and tax code...anything they want.

Have you been inside their building?

If GS is making so much money in prop trading they shouldn't need to bankrupt insurance companies or play games with small countries' sovereign debt ratings. They are making alot of enemies and it may come back to haunt them very soon

Originally Posted by adam6655nyc

They are a country inside our gov Sean, they play everyone, they can change laws, regulations and tax code...anything they want.

Have you been inside their building?

Nope, never been in their facilities...but I bet it's nice. haha!

Originally Posted by Sean Hyman

Nope, never been in their facilities...but I bet it's nice. haha!

Good for you, stay human lol

Just checked FOMC dates.

12/16/2009 - EUR/USD before meeting was 1.4585 after meeting down to 1.43
01/27/2010 - EUR/USD before meeting was 1.4052 after meeting down to 1.3936

does that mean it may fall again 100-200 pips?

Originally Posted by bill2759

The Devious Skunks! I knew they were out to get Me!

LoL, it is ok Bill, you made enough last couple of weeks, you have been shorting the top since the slide started with eur.

Originally Posted by alen

Just checked FOMC dates.

12/16/2009 - EUR/USD before meeting was 1.4585 after meeting down to 1.43
01/27/2010 - EUR/USD before meeting was 1.4052 after meeting down to 1.3936

does that mean it may fall again 100-200 pips?

Ya Pays Your Money, Ya takes Your Chances.
C'mon Little Joe.

Originally Posted by alen

Just checked FOMC dates.

12/16/2009 - EUR/USD before meeting was 1.4585 after meeting down to 1.43
01/27/2010 - EUR/USD before meeting was 1.4052 after meeting down to 1.3936

does that mean it may fall again 100-200 pips?

It's never that simple....oh, I wish it was...

Originally Posted by martyman13

I'm seeing the same thing. What is the probability that the price will approach 1.3770-1.3790 range again? I'd like to short at that level, so that I won't need a large stop loss.

The highest price was 1.3770, so it was a really nice probability

Originally Posted by adam6655nyc

Good for you, stay human lol

Yeah, I admire their ability to flourish as a company...I just don't believe a word that comes out of their mouth when it comes to what positions to take in the market. haha!

near term levels to watch on EUR/GBP...

Originally Posted by adam6655nyc

They are a country inside our gov Sean, they play everyone, they can change laws, regulations and tax code...anything they want.

Have you been inside their building?

I have. Had to wear a fireproof suit, as the temp was +200 degF. Lots of screaming folks there too. Actually the temp was so high, my chains melted off and I was able to run away free. No more deals with GS.