DislikedA very special thank you to all of you.......
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Silent room 2 replies
Silent Success of Patience 10 replies
My silent journal 4 replies
bo7a method... method for GBP/JPY 205 replies
Seeing Through the Silent Crash 4 replies
DislikedA very special thank you to all of you.......
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DislikedI have closed out the EUR/CHF trade for the moment.....mainly because I have shorted EUR/USD. (Although I am going to be watching for a long in that EUR/CHF pair....)
I figured it was worth a try, based on the fact that 1.35 seems to be a brick wall. Oh, and it is a 50% retrace as shown on the chart....I figure that either we will go down a ways, or it will be like a beach ball that's held under water - it will break above 1.35 and rocket straight up.
The great thing about this is that it is a "binary trade", meaning it is either good or not,...Ignored
DislikedAlright, so which one of you douchebags pushed the EUR up while I was at work??????
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DislikedI didn't do it. -Bart
So, now we can buy EUR and watch it go up to 1.40 !! Yee!!
A small retrace might be nice first.Ignored
DislikedI would wait for a retest if we get it. Although, the Fed is absolutely dead set on killing our currency - so who knows?Ignored
DislikedGood stuff,
Can I ask which contract that is, and which charting i guess, my chart looks very different, I pulled it up in IB.
thanks
EDIT: Oh I see, yours is CFD, I pulled up the Futures contract in IB, which charting is that so I can go have a look myself, thanks.Ignored
DislikedAre they really killing the USD, or just propping equities and home values?
During the crash of '87 approximately 20% of Americans were invested in stock markets. Today that figure is around 70%, through 401K's, mutual funds and any vehicles they may actively manage.
Funny that people are more concerned about losing their past earnings and gains through stock market/housing value declines, than they are about losing their future earnings through reduced purchasing power.
The FED is officially a populist body. Creating economic structures that...Ignored
DislikedI was in Argentina 2 yrs ago for...nicest freaking people in the world. I could stay there almost indefinitely. If I woke up at 9 am, London was still open and NY opened around noon....way better than PST.Ignored
Personally, I think all of the above come into the picture, but I have to wonder if we are going to see volume anytime soon.
If appears that the Baby Boomers are gone, and quite frankly I don't blame them. They have been burnt twice in the last two years. I heard someone say on the tv the other day that "They will be back when they realize they can't reach their retirement goals without the stock market." What a typical NY-insulated thing to say. He doesn't understand - a lot of them aren't going to either way!
The problem that comes next, is my generation isn't big enough to fill the gap when the Baby Boomers walk away. The next generation is, but that's a while before they get here, and to be honest - I don't think they will be eager to do it. They have always known bubbles.
NY has been trading using computer aided trades, and the speed is moronic at this point. This is another reason why people are walking away. Who wants to try and compete in a market where jackasses are flipping stock 1,500 times a nanosecond? 80% of the volume at the NYSE is now this kind of ridiculousness.
I think Wall Street has really screwed itself. Unless the exchanges can let go of all of that extra commission from the flippers, the public will stay away. I think most people understand stocks are broke. They might not actually be, but its perception that matters.
DislikedVolume. I see it just won't pick up. There is a lot of chatter that maybe it's Wall Street waiting for the elections to get finalized, but do you honestly believe that?
There are a lot of theories out there, including but not limited to:
- Regulatory fears in the USA
- The elections
- Wondering about tax hikes on capital gains
- General fear of the economy
- Wall Street is being seen more and more as "rigged"
Personally, I think all of the above come into the picture, but I have to wonder if we are going to see volume anytime...
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DislikedI shoulda paid more attention to this (Your note on soybeans)....Ignored
DislikedHere is a chart that shows bullishness in the UK. It is of the FTSE 100 Index, and it shows that 5,500 is holding as support - a good sign. I noticed this today as I was writing articles for a client, 100ftse.comIgnored