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

Originally Posted by Gregory McLeod

SSI Details:

EURUSD - The ratio of long to short positions in the EURUSD stands at 1.15 as nearly 53% of traders are long. Yesterday, the ratio was at 1.41 as 58% of open positions were long. In detail, long positions are 11.7% lower than yesterday and 4.5% stronger since last week. Short positions are 8.6% higher than yesterday and 5.9% stronger since last week. Open interest is 3.3% weaker than yesterday and 2.4% above its monthly average. The SSI is a contrarian indicator and signals more EURUSD losses.

where could i find ssi on gbp/cad if you do not mind me asking.

hi alejandro,
point of info - did not see or receive info for your 11.30 market assessment.
was i the only one?

Originally Posted by raghu1

Navigation to my thread.

Forum > Trading strategies > My Forex Trading Journal > Spotting 100% signal on eurusd

great thread - you nailed this mornings free fall

Health care ruling at 10 AM EST. Any thoughts as to whether or not EUR/US will react to that decision?

Originally Posted by jerejim

Health care ruling at 10 AM EST. Any thoughts as to whether or not EUR/US will react to that decision?

This is the first time I hear about it so I guess it should NOT matter to much - do you have any info on it?

Originally Posted by garr70

where could i find ssi on gbp/cad if you do not mind me asking.

Hello garr70! DailyFX only has SSI information on the pairs that a good amount of volume. GBPCAD is an "exotic" pair and does not have enough liquidity.

Do you like trading that pair a lot? Do you find good regular moves in it? I haven't traded it in many years.

Originally Posted by jerejim

Health care ruling at 10 AM EST. Any thoughts as to whether or not EUR/US will react to that decision?

if there is a reaction it will be completely emotional. No one read it to vote on it, SCOTUS said they didn't read it to rule on it so I'm guessing no ones read it to trade on it. Should be US positive if declared ineligible due to the spending reductions it will bring but whatever the reaction it will be short lived, if at all.

Originally Posted by hnr49

hi alejandro,
point of info - did not see or receive info for your 11.30 market assessment.
was i the only one?

Are you referring to the e-mail with all the charts or something else?

Originally Posted by Alejandro Zambrano

This is the first time I hear about it so I guess it should NOT matter to much - do you have any info on it?

Interesting take Alejandro. Much more local politics than market moving I suppose. Anyhow, 5 minutes away. I do think we'll see some volatility but likely no follow through related to it. Basicaly the Supreme Court is ruling on the Healthcare law that was rammed down us by the Pres back in 2010. They could throw it all out(unlikely) or parts or none..

Originally Posted by wanrizal

Hi Alejandro, Does this take into consideration of the euro meeting later?

Kind of - you see independently of the outcome we would take a loss in case we trade above 1.2530. We need however to be careful carrying positions over the weekend as we can get a gap on Sunday. We can open higher than 1.2630.

Does anyone now when and if a statement will be published?

Originally Posted by Gregory McLeod

Hello garr70! DailyFX only has SSI information on the pairs that a good amount of volume. GBPCAD is an "exotic" pair and does not have enough liquidity.

Do you like trading that pair a lot? Do you find good regular moves in it? I haven't traded it in many years.

i dont trade it much but with the volatility at present i think it a safer pair, as usd pairs are volitile and commodities under pressure, the gbp is a safe haven other than usd, so hence gbp/cad.

probably did not explain properly, but with your experience i am sure you get me!

Supreme court rules Obamacare health law.

Rob can you please give a bit of color on what impact this would have on the U.S, its deficit and potentially the dollar?

Thanks,
M

Originally Posted by EuroTraderApp

Supreme court rules Obamacare health law.

Rob can you please give a bit of color on what impact this would have on the U.S, its deficit and potentially the dollar?

Thanks,
M

OH MY???!!!!!!.................Just keep spending money we don't have.....where will it end?????

muted bounce. chaos usually happens when pub is closing, so i will be patient.

bulls versus bears @ 11.30 bst
received later info after 13.00 gmt but no notification of the 11.30bst