4 posts / 0 new
Last post
#1 Tue, Jun 21, 2011 - 11:51am
Seacap81
Offline
-
Folsom, LA
Joined: Jun 14, 2011
70
512

EUR/USD

EUR/USD just punched through 1.44. I suspect this is a set-up, get everyone on board on the Euro higher elevator before the "vote of confidence." I don't care which way the vote goes, I suspect there is going to be a huge WHOOSH lower on the EUR/USD, I mean a violent one following the vote. I could be all wet on this....I've just seen this crap too many times where something doesn't make sense and you find out later why - FX manipulation!! Be careful out there.

Edited by: Seacap81 on Nov 8, 2014 - 5:06am
Tue, Jun 21, 2011 - 12:22pm
davefess
Offline
-
Eagle River, WI
Joined: Jun 14, 2011
130
753

buy rumor?

sell news? I agree. Things seem fishy. Way too much optimism. The irony is a Greek bailout would be short term bullish for Euro, but long term is very negative. Markets have no concept of reality

"it's game over man, game over!"
Thu, Jun 23, 2011 - 10:02am
Seacap81
Offline
-
Folsom, LA
Joined: Jun 14, 2011
70
512

Woot....there it is.

My timing might have been off by 24 hours or so, but there's the whoosh lower EUR/USD. Bernank feeling better now, plenty of room to bring on QE3. Soon traders will be begging for it. What a sham our financial markets are.

Thu, Jun 23, 2011 - 10:09am
davefess
Offline
-
Eagle River, WI
Joined: Jun 14, 2011
130
753

agreed

few more weeks I believe. QE3 hasn't even ended yet. Jackson Hole for sure!

"it's game over man, game over!"