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  • Draghi: Recovery and Reform in the euro area

    From europa.eu

    In remarks delivered at the Brookings Institution in Washington, Mario Draghi underlined the urgent need to raise potential output in the euro area through reforms. “Put simply, I cannot see any way out of the crisis unless we create more confidence in the future potential of our economies”, he said, adding that “given demographic trends, raising structural growth will have to take place primarily through productivity”. Referring to an open letter written by the economist John Maynard Keynes in 1933 to President Franklin D. Roosevelt on reform and recovery in the US, Mr Draghi argued that in the euro area ... (full story)

nothing new
nothing new means Euro down trend continues...
Please check D1 . 3 white soldier pattern. http://www.mysmp.com/sites/default/files/images/three_white_soldiers.png . or http://2.bp.blogspot.com/-mFvwx-IcJtY/UZSblgJw05I/AAAAAAAAAHo/PnP0Ffl9iNA/s1600/Three+White+Soldiers+Black+Crows+Sample+1.png . What do you think now? Down trend or up trend start ?
Bokul
  •  Guest
  • | IP XX.XX.72.194
The Central Banks cannot fix this. The economies are being drained of potential by governments that are just too big, choking off productivity. The "green" movement is the most critical part of this, for a "anthropomorphic global warming" that doesn't exist.
Quoting Khulna-bokul
Please check D1 . 3 white soldier pattern. http://www.mysmp.com/sites/default/f...e_soldiers.png . What do you think now? Down trend or up trend start ?
3 white soldiers has concluded with a down-candle for today (could still be wrong).
Steve Nison believes 3 soldiers is not a strong pattern, unlike 3 black crows.
Also, the middle soldier looks like Mr. Bean so no hope there.......
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
G
Quoting Guest
The Central Banks cannot fix this. The economies are being drained of potential by governments that are just too big, choking off productivity. The "green" movement is the most critical part of this, for a "anthropomorphic global warming" that doesn't exist.
Global warming is a fact, only idiots with blinkers on can still believe it is not happening. However, the REASONS why it is happening, is not yet understood or fully proven, whether man-made, or natural cycle, or combination. The point is, we as current occupants of this piece of rock travelling through space, cannot continue destroying our own atmosphere as we have been doing, through over-population and pollution. We need to understand that, and temper our ways. At the same time , over-reacting to every new statistic, is also insane. We still need power and coal is still the current best way of generating it, BUT we HAVE to start investing in more green ways to protect the future.
CA Bez -
Coal is not the best way of generating power.
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
Quoting CA Bez
G

Global warming is a fact, only idiots with blinkers on can still believe it is not happening.
Substitute the word "warming" for "cooling", and scientists went just as crazy in the 70's and 80's. Most likely the same 5% of the science community. I think the real idiots are the ones not educating themselves about the money being made from "going green", while contributing nothing helpful to the planet. Follow the money, and you'll find the quack scientists.

The fix, use Lithium Polymer battery powered cars, and mercury filled florescent light bulbs. What could go wrong there?

PS - I see a bunch of idiots riding with their "blinkers" on while cruising the interstates. Too stupid to turn them off. Are these the people you are talking about?
Quoting Forextrapain
Substitute the word "warming" for "cooling", and scientists went just as crazy in the 70's and 80's. Most likely the same 5% of the science community. I think the real idiots are the ones not educating themselves about the money being made from "going green", while contributing nothing helpful to the planet. Follow the money, and you'll find the quack scientists.

The fix, use Lithium Polymer battery powered cars, and mercury filled florescent light bulbs. What could go wrong there?

PS - I see a bunch of idiots riding with their "blinkers"...

We might be twins...
Quoting thelostpip
We might be twins...
I would never insult you like that. LOL Maybe we just think alike.
Guys please stop selling eu. We have now broken the sma 10 on the hour chart, something we havent done in some time. You will then notice since then we have not had an engulf of any opposing candles. What does that mean? accumulation of course, but if a green candle engulfs any of the last red candles you need to buy. Doing so and holding will result in a pretty nice profit of 100-200 pips. Please mark my words and thank me later.
Quoting Exodus
3 white soldiers has concluded with a down-candle for today (could still be wrong).
Steve Nison believes 3 soldiers is not a strong pattern, unlike 3 black crows.
Also, the middle soldier looks like Mr. Bean so no hope there.......
Yes maybe, but on the weekly chart i still see a coming pattern of 2 black widows combined with a self resurrected 3 wave consolidation of a hammer on trace back.
That could mean a strong 3 light back strapper black swan with an ongoing pullback in to the 1.28 trade range area.

Just saying ;-)
BC
Quoting Khulna-bokul
Please check D1 . 3 white soldier pattern. http://www.mysmp.com/sites/default/f...e_soldiers.png . or http://2.bp.blogspot.com/-mFvwx-IcJt...s+Sample+1.png . What do you think now? Down trend or up trend start ?

Don't bet against trend, profit taking most likely last few days, have tight stops if you are looking for reversals.

Monday was classic example of afternoon NY manipulation, probably they knew about Wedmesdays Fed satement. Now that's over let see how this pans out.
Quoting braincooler
Yes maybe, but on the weekly chart i still see a coming pattern of 2 black widows combined with a self resurrected 3 wave consolidation of a hammer on trace back.
That could mean a strong 3 light back strapper black swan with an ongoing pullback in to the 1.28 trade range area.

Just saying ;-)
....well maybe; but only if the widows are wearing fish-net tights.
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
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  • | IP XX.XX.8.255
Quoting Master_kiwa
Guys please stop selling eu. We have now broken the sma 10 on the hour chart, something we havent done in some time. You will then notice since then we have not had an engulf of any opposing candles. What does that mean? accumulation of course, but if a green candle engulfs any of the last red candles you need to buy. Doing so and holding will result in a pretty nice profit of 100-200 pips. Please mark my words and thank me later.
How's that working out for you?
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