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Noor · 17-03-2008, 14:31

TraderPierre,

The Forex is traded with over 10 trillions DAILY !

30% out of that goes into Euro/Usd Alone.

Now, how much money would central banks pump into the Market?
100 Billion? 200 billion? 400 Billion?!

Do you really think pumping 3% out of the tottal money traded in Euro/Usd would Flip the direction?
This 3% would get eaten easily, and will never have any effect on the monthly chart. You wont see it.

Perhaps it would be easier for them to flip the direction by faking their economic numbers... It would be a much easier/cheaper less risky way... But cant be applyed in current time since the US economy is in a big trouble now.

17-03-2008, 14:31	#6353 (permalink)
Noor level 3 Join Date: Aug 2005 Posts: 555 Rep Power: 4	Re: Sell Eur/Usd TraderPierre, The Forex is traded with over 10 trillions DAILY ! 30% out of that goes into Euro/Usd Alone. Now, how much money would central banks pump into the Market? 100 Billion? 200 billion? 400 Billion?! Do you really think pumping 3% out of the tottal money traded in Euro/Usd would Flip the direction? This 3% would get eaten easily, and will never have any effect on the monthly chart. You wont see it. Perhaps it would be easier for them to flip the direction by faking their economic numbers... It would be a much easier/cheaper less risky way... But cant be applyed in current time since the US economy is in a big trouble now.