Jump to content

EURUSD


HMB

Recommended Posts

"It seems that the ECB wants to talk the EUR exchange rates down. This exchange rate control is politically dangerous and economically damaging - and a heavy burden for the euro." (U. Leuchtman, Commerzbank FX Research, on LinkedIn)

(Leuchtman's  interpretation of Lane's statement "The EUR-USD rate does matter [and] is endogenous to monetary policy") 

EURUSD had  a good run for six weeks or so, probably given shrinking interest rate differential, maybe also reduced EUR re-denomination risk since common Eurozone debt issuance deal, and likely also due to relatively larger Fed asset purchase and lending programs

 

currently (only) considering small short EURUSD  

 

Link to post

I disagree with people who base their decisions on 'fundamentals' and 'news'.

Look at the chart.  Is it in a downtrend?   Sell the rally.  Is it in an uptrend?  Buy the dip.

Don't listen to any of these c&nts who get paid by the word.  And remember, by the time 'news' filters its way down to you, all the 'smart money' has already 'been there and done that'.

  • Like 2
Link to post

I see you're point, I think you're probably right.  I do however still believe that news is not necessarily immediately priced in - I'll not be the first to get it, yes.

something must cause trends to end, in particular given the trend usually gets supported by dip-buying or rally-selling. 

Now of course there is likely a very low probability that I'll be able to spot that, and maybe it's wiser to never try - will think about that once more.... (so for now the emphasis above stays on the "(only) considering")... 

Link to post
  • 2 weeks later...
  • 7 months later...

Risk event of the week starting 26 April: EUR/USD

With the Federal Reserve Open Market Committee meeting coming up, and the rate announcement at 7pm UK on Wednesday, IGTV’s Jeremy Naylor speaks with Justin McQueen from Daily FX. Is there further upside for the EUR/USD trade?

Video - 4 minutes

  • Sad 1
Link to post
  • 1 month later...

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • General Statistics

    • Total Topics
      15,468
    • Total Posts
      74,109
    • Total Members
      62,465
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    Vintage57
    Joined 24/06/21 09:12
  • Posts

    • The Bank of England (BoE), will commence their latest monetary policy announcement at midday 12:00 (UK Time), on Thursday 24 June 2021. Tune in to IGTV’s live BoE announcement and analysis at 11:55 AM BST on Thursday in the IG platform. Today at 12:00 (UK Time): GBP BoE Interest Rate Decision Prev: 0.1% Est:0.1% Bank of England Quarterly Inflation Report  Monetary Policy Summary report BoE MPC Vote Unchanged  Prev: 9 Est:9   BoE Asset Purchase Facility (Jan)  Prev: £895B Est:£895B   BoE MPC Vote Cut  Prev: 0 Est:0   BoE MPC Vote Hike  Prev: 0 Est:0
    • if anyone is looking for the site to promote their crypto compnay's product or services then Cryptocurrency and Fintech ads are the best site to choose.
    • It really IS that stupidly simple - the hard part as with lots of methods is how you play it and manage the risk Sometimes though its not the actual, actual low it could be a swing low  A chap from the USA called Walter Bressert (Deceased) back in the 1980's published work on a 20 day cycle in the SP500 along with other things Larry Williams back in the 1980's also published in one of his books on trading a 4 year cycle on the dow/SP500 that goes back 200 years with a highish win rate - Aug-Oct time every 4 years expect a low turn point in the market - 2018 was out by a 2 months - but you can see the cycle right there on the chart below Note - The Dec low was a major Time Cycle expected that overrode the 4 yr cycle, so although it looks to have been a high/failure, the TC due Dec 2018 took precedence Next line to keep an eye out for is Aug-Oct time 2022 Sometimes depending on the market you might have to work to part days which would mean running on intraday timeframes which adds complexity to seeing the cycles - so don't expect to run a 20 day low to low cycle on x market and expect to see it, some markets work off high to high cycles - but for the FTSE100 its a 20 day visible low to low cycle on a daily time frame chart as published Again there's easier things to trade than this - I'm just publishing stuff most people aren't aware of, to show that the markets aren't random beasts that most people think they are - there's an order to them    
×
×
  • Create New...