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All within expectations so far. Waiting for rate decision. I would not front run (since in the case that ECB does the usual "all is well", the whipsaw will be horrible)
Eur/Usd is showing very limited movement ahead of the ECB, the markets are expecting some action, let's see what Draghi will deliver.
Eur/Usd is showing very limited movement ahead of the ECB, the markets are expecting some action, let's see what Draghi will deliver.
Draghi is going to be dovish after he sees the reaction to rate decision
Draghi is going to be dovish after he sees the reaction to rate decision
You got to love Draghi : he delivered a perfect whipsaw. All the usual. If we thought that there will be no whipsaw, then we were very wrong
Draghi made sure that EURUSD is back to up trend channel. After all, he does what he is ordered all the time. I am just sorry for poor traders that were killed today
There's almost always a whipsaw during such events, I am not at all surprised. The pair is rallying now, next target is around 1.1240.
You got to love Draghi : he delivered a perfect whipsaw. All the usual. If we thought that there will be no whipsaw, then we were very wrong
All he told is that there will be no more rate cuts. And the market makers knew it in advance. The whipsaw was for us fools
All he told is that there will be no more rate cuts. And the market makers knew it in advance. The whipsaw was for us fools
I don't think that majority knew, but GS did (Draghi is still their man )
I don't think that majority knew, but GS did (Draghi is still their man )
Poor man was either drunk or even worse on that conference. He told everything the opposite from what ECB decision was
EURUSD bounced right back from the longer term support line. Level 1.11 should be watched in the next few trading days (possible revisit of that level for new attempt of support testing). Keeping tight stop losses