EURUSD 6E Euro | Currency Futures


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EURUSD 6E Euro

  #1649 (permalink)

Market Wizard
Berlin, Europe
 
Trading Experience: Advanced
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researcher247 View Post
Some more groovy moon stuff from the esoteric mind of hedvig...
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***see attachment***

Daily Moon baby! Double top; will we rise into end of July?

'trade what you see'~~indeed!

I wanna kiss Merkel! She 'sealed' the deal.

Great commentary from my 'lifestyle slave' that does economic commentary; she is a good girl! It is in quotes below! Below the dashed line...this is from July 1st, 2012
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"....

Once you grasp what is written in the paragraph above, and the markets certainly did yesterday, you will also understand that the immediate fiscal crisis in Europe is set to ease substantially, as the Union is now committed to step in to support bond markets to keep interest rates under control. THAT is the reason markets rallied so strongly yesterday and why the rally looks set to continue.

...

Now we come to the practical matter of how significant this reversal is. The short answer is very significant, as pressure will now come off the European bond markets - this is why the euro soared and the dollar tanked yesterday. With a major fundamental roadblock suddenly removed, the current COT structure in many markets and the extremely negative sentiment going into Thursday's momentous agreements have created the conditions for a really powerful rally."

peace & blessings pimps!

hedvig

Not very convincing ..... the European crisis is not over. Any steps of debt mutualization do not bring Europe forward, it is just a way to reward those who have not observed budget discipline.


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Last edited by Fat Tails; July 6th, 2012 at 10:33 PM.
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