D-Rod
Long

Chicken Soup from ECB & turbulence next week..

FX_IDC:EURUSD   Euro Fx/U.S. Dollar
263 2 11
Interest Rate went down to 0.0.. Deposit Rate lowered to -0.40. an additional 20 Bil Eur to -QE-. Interest Rate to remain at present or lower levels for an extending period of time. ECB really trying to provide liquidity & lending. Committee is also going to REALLY look into financial companies, not banks. I would have entered earlier but I was snoozing unfortunately.. =/ -USD- Core CPI             expectations is down for next week. I also expect a Hawkish tone from FOMC next week
Comment: Also the financing rate was lowered
Comment: 155 pips =) still in it with tiny amount of chips
Comment: USD news expectations could most Certainly bring it down. Note I expect a hawkish tone soo be care trading USD 3 hours b4 the FOMC this wednesday.
Comment: wedge formed & USD has bad news expectations.. however I expect a hawkish tone from FOMC..which happens a few hours after the Core CPI
wedge formed & bad usd core cpi is soon
Hi Drod ! You said ecb fighting with all ammunations for inflation.Then how come you recommend a long in this pair provided a hawkish fomc in the coming week ? it is confusing. Thanks
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D-Rod waterman
I will take profit soon. I just wanna see other markets.. ill end up taking profit if it retraces 2 low. ill take profits b4 FOMC & go back in with a tiny amount of lots just in case -Usd-Core CPI is bad & FOMC isn't hawkish.
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