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  • #55,501
  • Oct 25, 2018 4:20am Oct 25, 2018 4:20am
Based on H1, while below 1.14155 no buying for me.

Stay Green
Focus only on what truly matters!
  • #55,502
  • Oct 25, 2018 4:20am Oct 25, 2018 4:20am
Quoting suthmo
5M long upper shadow candle rejecting and closed at 1409 ECB Don't understand anything but money printing. They couldn't tell you and argue among their selves over why euro goes up and down. The news is ancillary to the wave principle.

the ecb is a bank....its first and foremost concern is its own survival...every country has been printing moneyespecially the us and under demo president the rupublicans cried bloody murder that its gona kill our future and grandkids now that theyre in control they dont want the spigot to turn off thats why trump is crying so much.

they may argue but they know who butters their bread and even gold wont do it....what are you gona do carry around a block of gold and shave off some shavings to buy your bread.. the 40 acre and a mule gold standard got left behind once the population exploded in the 19 hundreds...the only thing that can save this scam is tax hikes like after ww2 which caused the 50's and 60's economic boom in the us and britain...
buy the rumor,sell the news
  • #55,503
  • Oct 25, 2018 4:23am Oct 25, 2018 4:23am
america was great when the tax rates went up to 90% in the 50's...look it up if you dont believe me
buy the rumor,sell the news
  • #55,504
  • Oct 25, 2018 4:28am Oct 25, 2018 4:28am
ata..i hope i didnt overstep my bounds with that rant
buy the rumor,sell the news
  • #55,505
  • Oct 25, 2018 4:30am Oct 25, 2018 4:30am
Quoting wasntme
america was great when the tax rates went up to 90% in the 50's...look it up if you dont believe me
nothing is as simple as it seems.
The deductables and loopholes were greater and higher back then.
As you can read in "How Progressive is the U.S. Federal Tax System? A Historical and International Perspective"
https://eml.berkeley.edu//~saez/pike...P07taxprog.pdf

"The average individual income tax rate in 1960 reached an average rate of 31 percent at the very top, only slightly above the 25 percent average rate at the very top in 2004"
in wondering about yourself, you forgot what you came here to be part of
  • #55,506
  • Edited 5:01am Oct 25, 2018 4:31am | Edited 5:01am
1.1435 next target for sell if this breaks out.
1.1435 < 1443 sell area if 1418 breaks out.
Possible waves remaining in the sequence.
Trying to calculate sequence in multiple time frames.
Waves folding into each other creating confusion.
If I show you it would fry some brains and lead to
whole bunch of please explain further posts and room congestion.

Hourly long upper shadow rejecting 1409
Founder of Sutherland Wave Principle
  • #55,507
  • Oct 25, 2018 4:32am Oct 25, 2018 4:32am
Quoting wasntme
{quote} the ecb is a bank....its first and foremost concern is its own survival...every country has been printing moneyespecially the us and under demo president the rupublicans cried bloody murder that its gona kill our future and grandkids now that theyre in control they dont want the spigot to turn off thats why trump is crying so much. they may argue but they know who butters their bread and even gold wont do it....what are you gona do carry around a block of gold and shave off some shavings to buy your bread.. the 40 acre and a mule gold standard...
Bolivar cannot carry double!
  • #55,508
  • Oct 25, 2018 4:33am Oct 25, 2018 4:33am
Quoting knkie
{quote} nothing is as simple as it seems. The deductables and loopholes were greater and higher back then. As you can read in "How Progressive is the U.S. Federal Tax System? A Historical and International Perspective" https://eml.berkeley.edu//~saez/pike...P07taxprog.pdf "The average individual income tax rate in 1960 reached an average rate of 31 percent at the very top, only slightly above the 25 percent average rate at the very top in 2004"

there were loopholes but the corporate rate was higher and so were the marginal rates. one had to cheat pretty hard to avoid paying 90% on a million dollars
buy the rumor,sell the news
  • #55,509
  • Oct 25, 2018 4:34am Oct 25, 2018 4:34am
enter short here.
Sl 14220
TP open or at 14020 there is 200SMA M5 TF.
Attached Image (click to enlarge)
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  • #55,510
  • Oct 25, 2018 4:34am Oct 25, 2018 4:34am
Quoting wasntme
{quote} there were loopholes but the corporate rate was higher and so were the marginal rates. one had to cheat pretty hard to avoid paying 90% on a million dollars
you clearly did not read the research article.
in wondering about yourself, you forgot what you came here to be part of
  • #55,511
  • Oct 25, 2018 4:36am Oct 25, 2018 4:36am
Quoting Ata-Turkoglu
Based on H1, while below 1.14155 no buying for me. Stay Green
Agree same here
  • #55,512
  • Oct 25, 2018 4:37am Oct 25, 2018 4:37am
Quoting knkie
{quote} you clearly did not read the research article.

lets revisit this topic over the weekend
buy the rumor,sell the news
  • #55,513
  • Oct 25, 2018 4:37am Oct 25, 2018 4:37am
Quoting wasntme
{quote} lets revisit this topic over the weekend
sure
but do some reading first on tax law in the 1960''s
in wondering about yourself, you forgot what you came here to be part of
  • #55,514
  • Oct 25, 2018 4:43am Oct 25, 2018 4:43am
#gann long 11410 sl 11390 tp 11460
twitter: @gettoefl
  • #55,515
  • Oct 25, 2018 5:07am Oct 25, 2018 5:07am
Where is the drop ?
Yesterday i got 100 pips right in the face , and now even after a bad news , nothing is going on . Crocks
yes yes yes
  • #55,516
  • Oct 25, 2018 5:12am Oct 25, 2018 5:12am
Quoting Moty
Where is the drop ? Yesterday i got 100 pips right in the face , and now even after a bad news , nothing is going on . Crocks
news, their market takes into account this news, before

At one time I took into account fundamental analysis in 2008, now I don’t care about the news, I don’t even watch them. Everything is in the price, the golden section in the universe has not been canceled by anyone - 1.618!
  • #55,517
  • Oct 25, 2018 5:16am Oct 25, 2018 5:16am
Quoting qtreider2018
{quote} news, their market takes into account this news, before
But yesterday the market droped after the news
yes yes yes
  • #55,518
  • Oct 25, 2018 5:19am Oct 25, 2018 5:19am
Quoting Moty
{quote} But yesterday the market droped after the news
there was an expectation of another rather in the market, he took this into account in advance. But the news turned out to be contradictory from the expectations of the market, and volatility occurred.

we just analyzed wrong, we only need to blame ourselves. I myself didn’t do the calculations correctly and got what I received.
  • #55,519
  • Oct 25, 2018 5:21am Oct 25, 2018 5:21am
Quoting Moty
{quote} But yesterday the market droped after the news
Quoting Moty
Where is the drop ? Yesterday i got 100 pips right in the face , and now even after a bad news , nothing is going on . Crocks

Are you guys living in a different world, everyone knows about the ECB press conference due in about 2 Hours and EURO is responding to it since morning. Wait till the press conference.. you will watch a short term fireworks for sure (up or down). Cmon.

Happy Trading.
Trades technical moves enforced by fundamentals
  • #55,520
  • Oct 25, 2018 5:23am Oct 25, 2018 5:23am
Bounced of lows as European stocks stabilise - still bearish but could push further before downside.
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