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:) The precision of it is astonishing - it showing what kind of money and computer power they have at their disposal. Makes me feel like a bug
Well, we might say that it is a matter of odds, but we all know it is not so. Big dogs getting bigger, and all we can do is bark ... little barks
Well, we might say that it is a matter of odds, but we all know it is not so. Big dogs getting bigger, and all we can do is bark ... little barks
The rules of the game are changing. See S&P (not forex, but see what are they doing to a market)
If they do the sane thing with EURUSD as they are doing with S&P there will be no bottom for Euro
If they do the sane thing with EURUSD as they are doing with S&P there will be no bottom for Euro
This is just a beginning - remember that ECB did nit start the QE yet. When it does, then we shall see what Goldna Sachs forecasts : EURUSD = 1.0000
This is just a beginning - remember that ECB did nit start the QE yet. When it does, then we shall see what Goldna Sachs forecasts : EURUSD = 1.0000
Well, you are right : if they start QE that will be clear sign that there will be no rate hike for Euro. And then it will fall as a rock
Well, you are right : if they start QE that will be clear sign that there will be no rate hike for Euro. And then it will fall as a rock
That is why Draghi is not allowed to use the QE words
They are still inventing a new name for it. In the man time they use LTRO and ABS as a mean to throw some send into our eyes. But it is the QE
Long to short ratios before the official market open :
see the percent of longs on EURUSD. the only conclusion is that 2/3 of trades are hope traders : hoping to get rich
Now what interests me is if 1.25 is going to be any support at all
Well, 1.25 seems holding now, let's see how it goes next week.
Forecast is 1.22 in in 3 months, 1.17 in 6 months and 1.1 in a year