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  • Axel Weber Warns "Euro Will Come Down To Earth.. Markets Are Disregarding Risks"

    From zerohedge.com

    It's not all ponies and unicorns in Davos today. Paul Singer's dismal views on financial fragility were followed up by a panel, as The Telegraph's Ambrose Evans-Pritchard reports, that poured cold water on the claims that the European crisis is over. Harvard professor Kenneth Rogoff said the launch of the euro had been a "giant historic mistake, done to soon" but EMU leaders are still refusing to take the necessary steps, and is squandering the "scarce resource" of its youth, badly needed to fortify an aging society as the demographic crunch sets in. But it is ex-Buba head Axel Weber that unleashed the ugly ... (full story)

Every time there is a talk of EZ disintegration, Euro shows its strength. I wonder why this article is here.
Another horseshit article which should be completely ignored, like the dailyfx one which was posted on Friday the 17th, so on the Friday just gone..."time to sell GBPUSD next week?" with all sorts of fancys indicators and terminology like 'It is the 2nd square root relationship of the year-to-date high' errrr...no, time to buy you mean, any monkey with a stick and a few nuts could of seen that.

http://www.forexfactory.com/news.php?do=news&id=467046

When it was posted 6 days ago, GBPUSD was sitting around 1.6420, right now it is 10 pips away from 1.66

Do your own analysis and stop reading articles posted on here, 99% of them are nothing more than rubbish and do nothing but confuse you, make you second guess yourself...'but senior currency analyst from iTakeItInEveryHoleFx is saying it'll go the other way, maybe hes right...', exactly what you do not need.

Good morning BTW, I need my coffee.
Bullshit. Euro up around 100 pips after these.
This is a great indicator for trading. Whenever they say such things just do opposite of it and mint money lol!
Remember if these article writers could trade they would do so and not be write these articles. All articles should be read with the presumption that the author is a poor trader.
That's a myth that needs a rebuttal. Not everyone wants to be a trader, think of it this way...

In a hospital you'll have surgeons, doctors, nurses, porters, receptionists, managers, maintenance, security etc..a whole range of staff who have developed or trained to obtain certain skills to do their job.

Now you might rate that surgeon as the star quarterback of the team, but there's many others involved in the whole business that equally provide their expertise, who have no desire to be the surgeon, even though some of the doctors and nurses may have the capacity and ability to train up for the job.

Writers are not failed traders and what you'll find is that many writers of FX articles do actually trade, and given their inside knowledge they'll make a much better go of it than you. Or perhaps they may be comfortable receiving a decent wage of circa $70K a year without trading, that's probably $70K more than 99% of wanabee traders on FF make.

Quoting Aaronfb
Remember if these article writers could trade they would do so and not be write these articles. All articles should be read with the presumption that the author is a poor trader.
ZH is full of s,,t .. According to them, world shouldn't have exist in the first place..
this is funny wakakkakakakakakaka
  •  Guest
  • | IP XX.XXX.83.83
Just remember Merkel last year...normal range for e/u is 1.3000-4000.
So this is what is making euro gain momentum and strength. Please it should be mentioned again tomorrow, then i'll be at my trading desk because i missed it today.
EVERYONE GET WHAT THEY WANT FROM THE MARKET
Isnt it obvious that these guys are talking in the context of 2014 and not today? Hello?
Quoting Squeeze
That's a myth that needs a rebuttal. Not everyone wants to be a trader, think of it this way...

In a hospital you'll have surgeons, doctors, nurses, porters, receptionists, managers, maintenance, security etc..a whole range of staff who have developed or trained to obtain certain skills to do their job.

Now you might rate that surgeon as the star quarterback of the team, but there's many others involved in the whole business that equally provide their expertise, who have no desire to be the surgeon, even though some of the doctors and nurses...
well put!
  •  Guest
  • | IP XXX.XX.13.141
One Wise Man said to me; -Trade what you see, not what you think or told
Tell ya what that guy must be as old as the solar system he's been saying that worn out phrase for so long and despite it retail traders still lose 99% of the time.


Quoting Guest
One Wise Man said to me; -Trade what you see, not what you think or told
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
Quoting Guest
One Wise Man said to me -Trade what you see, not what you think or told
That's the tricky bit, seeing what is actually there, not what you think is there.
Seem UFO takes Euro to the sky. LOL.
Yes this is definitely a longer term 'IF' statement, so give it time yet. Euro will come back to Earth
All posts are my personal opinion
This is bad omen. I big Shaman, I know
2014 is strengthen dollar or weaken $ any body explain. I am reading from 2013 that 2014 is of dollar. but 2014 weak the dollar last day as much as we are now interning in 2013.
close buy E/U to earlier.. this is bad.. not join whole party.. but ok.. at least, i got pip at E/J
take what you can take, before market take it back
Who is trading EURUSD is actually a gambler.
  •  Guest
  • | IP XXX.XXX.34.37
i closed E/U too early...

I missed out 3 great profit making chances last week......

May be lack of experience......
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  •  Guest
  • | IP XX.XX.9.168
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