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EUR/USD Tapering Effect

I've posted this chart and analysis of EUR/USD on my linkedin page last week just before the FOMC statement and I would like top post that analysis here as well as this chart as been a great map for those how traded EUR/USD this year.
This is the final update of the famous EUR/USD tapering effect chart which has been providing a great map to trade EUR/USD over the last few months. Last time I spoke about it was here: …
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EUR/USD Fed Taper Effect. Last Update.

Since we're getting close to end for good the "glorious" FED QE program it's time for my last update on the famous EUR/USD Fed Taper Effect that was a good map for providing the direction for EUR/USD since beginning of the year.
You only need to watch the "technical effect" on EUR/USD, without the need to know any other details from Fed monetary policy and their next steps in order for you to be able to trade successfully EUR/USD.
You can find more details of my previous post on this subject her…
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Shalomavahatikvah avatar

Nice analysis, whazzzzuuppp? Long time>

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What to Expect For Non-Farm Payrolls

There is no better way to start the new trading month contest but with such a big risk event like NFP figures.
For sure this is quite a big opportunity to make a quick buck, but we have to take in consideration the downside as well as if you're trading full size your account balance can be wiped out from the first day, if you're using limit orders you may not get a fill and if you're using market orders you can get quite a big slippage.
But no doubt even in this environment you can make money a…
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EUR/USD FED Tapering Effect (part 2)

It's that time again when all eyes will be on FED and US economic data as today we have two important figures scheduled to be release. Not only that we have the FOMC decision as main risk event on top of that we also have the US GDP figures and US employment figures.
Market expectation for this week's FOMC meeting has not changed as QE tapering is on an autopilot and we should expect another $10B taper. The focus will be more on the updated Summary of Economic Projections (SEP) which will g…
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EUR/USD - Fed Tappering Effect

Since I'm already out of the Trader Contest without having any changes to get back in top 10 I just want to take the time and talk a little bit about the main event risk of the week: Fed Monetary Policy Statement
Last time I have talk about this issues was 2 months ago and you can find my blog post here: Fed Taper Effect
Market expectation for this week's FOMC meeting has not changed as QE tapering is on an autopilot and we should expect another $10B taper. The focus will be more on the u…
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From PermaBear EURUSD to Bull EURUSD

Since beginning of the year I've been the permabear guy and I've sold almost every rally, but because I was too biased I just couldn't see the other side of the market. Now, don't get me wrong I've made some decent profits from this shorts but I was expecting for the runner and almost every trade I've made went in profit like 50-100-200 pips but didn't booked profits because I was expecting EUR/USD going much more lower. So, on each of this trade I ended up either at a small loss o…
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Dieselfx avatar
Dieselfx 10 Mar.

at least you can change...and you'll be surprised again ;))

Daytrader21 avatar

Well, that depends on what do you mean by "surprised":) you can elaborate more if you wish

Jignesh avatar
Jignesh 13 Mar.

It's interesting how similar our views are!  I had some 100 pip short trades on EUR turn to 0 as well.  I'm watching the 61.8% retracement from 2011 high @ 1.3826  Unless we get a weekly close below that, or a break of 1.37, there's no reason to be a bear here at these levels in my opinion. 

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Fed Continues to Taper

As expected Fed decided to continue with the current peace of of quantitative easing reduction at 10B/ meeting. In my yesterday blog post I've been highlighting why Fed is going to taper another 10B you can find my last blog post here: FOMC Statement another 10B Taper?
  • Figure 1. FOMC Economists Taper Expectation.
It seems that the recent emerging market turmoil wasn't reason enough for the FED to stop the tapering and Fed decided to continue with the tapering as expected. However I think if …
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rivan avatar
rivan 30 Jan.

soft german unemployment figures :D

Metal_Mind avatar
Metal_Mind 31 Jan.

thanks from keeping me informed. Didn't have time to read this week !!

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Metal_Mind 31 Jan.

I need a special summary at the end of the week!!

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NFP - Moment of Truth for US Dollar


Today is the most awaited Non Farm Payroll data release since the Fed start tapering and cut back the quantitative easing programme. Although Fed decided to do a small tapering and only cutting back their stimulus programs by a minor 10B, Ben Bernanke has said during the press conference that any further cut in QE is data depending and "end of QE certainly won't be at mid-year" suggesting that it will take longer before they will end the QE programme for good.
The market consensus for today's …
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jezz avatar
jezz 10 Jan.

as usual... you really make an effort in making your posts. really good

Daytrader21 avatar

Thanks Jezz, just trying do to my best here

FxMidaso avatar
FxMidaso 11 Jan.

Great post. Thanks for your support in my article.

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2014 FX Market Outlook - AUD (part 2)

This is my second blog post in an attempt to give you my brief FX Market Outlook for this year. In my first post I've been talking about my YEN outlook, you can check it here For now we're going to stop and talk about Aussie and what is the market expectation for this year.
After RBA cut its benchmark interest rate to a record low in an attempt to stimulating borrowing thus the overall economy, aussie dollar was on pressure and has kept pressing lower for the most part of the last year. A…
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Preparing the week ahead

Next week we'll be entering the second week of holidays, so traders must be still caution about price action as it can been seen last week low liquidity level have been distorted the recent price action. Last week wasn't quiet and abnormal movements have been seen in the market and it seems that the EUR/USD taper sell-of was consumed and the dollar got weakened across the board except few pairs like JPY and AUD.
Although we're entering in the last 2 days of the year we'll be…
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geula4x 29 Dec.

+1 Liked: very informative! Thank you and happy trading :-)

Nicco avatar
Nicco 29 Dec.

You're the best but...money talks! A happy new year! LA MULTI ANI! Ce a ramas nerezolvat anul asta, rezolvam la anul! Numai din cele bune sa va aduca 2014!

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