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EURUSD

  • #62,701
  • Feb 8, 2009 8:01pm Feb 8, 2009 8:01pm
http://www.spiegel.de/international/...604523,00.html

About 2 weeks old.
Traders are smartasses
  • #62,702
  • Feb 8, 2009 8:02pm Feb 8, 2009 8:02pm
Quoting TheWalrus
I'm with you on this one slick. I'm bullish on the dollar. The world is handling this crisis a lot worse than we are, and Europe in general will have trouble weathering this since they have zero economic flexibility amongst themselves as individual countries. I wouldn't be surprised if this crisis knocks some countries off the euro (i.e. Greece or Italy)
I only agree with part of that Walrus. I'm a long term Euro bull. So much that my trading account is actually denominated in Euros. But long term as in years.

We can only wait to see how the world will handle this crisis. It's too early to tell.

As far as some countries getting off the Euro, I'm really not convinced. Even if all the evidence showed that it made sense to break up the Euro, I don't think it will happen. It will be worth a Zimbabwe dollar before they accept defeat and go forward with that.
Not all sins are created equal
  • #62,703
  • Feb 8, 2009 8:03pm Feb 8, 2009 8:03pm
5 minute chart has lower highs and lower lows, so it seems lower we go:
Attached Image (click to enlarge)
Click to Enlarge Name: EU.png Size: 58 KB
  • #62,704
  • Feb 8, 2009 8:08pm Feb 8, 2009 8:08pm
Quoting Spsantos
http://www.spiegel.de/international/...604523,00.html

About 2 weeks old.
The carry trade that killed Iceland. In two parts and produced in 2007

Inserted Video
Part I

Inserted Video
Part II
Not all sins are created equal
  • #62,705
  • Feb 8, 2009 8:11pm Feb 8, 2009 8:11pm
Quoting Chicky
Ooooooops. I wasn't aware of such a request from AK.
I am sorry Smart.
I could be wrong. I can't find the post from Ak, but it was to Elghoz. I thought that you were posting part of his response. It may be from something different ( shame, I've been laughing at nothing ). You are still a smart a$$
How the hell do I put you on that ignore list again????
  • #62,706
  • Feb 8, 2009 8:20pm Feb 8, 2009 8:20pm
Quoting knuckledrag
I could be wrong. I can't find the post from Ak, but it was to Elghoz. I thought that you were posting part of his response. It may be from something different ( shame, I've been laughing at nothing ). You are still a smart a$$
How the hell do I put you on that ignore list again????
That would be included free in my new indicator service.

http://www.forexfactory.com/profile....ignore&u=59667
Not all sins are created equal
  • #62,707
  • Feb 8, 2009 8:23pm Feb 8, 2009 8:23pm
Some people in Asia believe that the number 8 is lucky.

My new short entry is at 2888
Not all sins are created equal
  • #62,708
  • Feb 8, 2009 8:24pm Feb 8, 2009 8:24pm
Quoting knuckledrag
I could be wrong. I can't find the post from Ak, but it was to Elghoz. I thought that you were posting part of his response. It may be from something different ( shame, I've been laughing at nothing ). You are still a smart a$$
How the hell do I put you on that ignore list again????
I wish I were posting as part of that response. Don't stop laughing ..... reason? there are plenty.

You don't have to bother about ignore list. I will be away from civilization anyway, taking a few day refuge in some remotest parts of africa.
The Thief of Wall Street
  • #62,709
  • Feb 8, 2009 8:41pm Feb 8, 2009 8:41pm
any ideas of wich direct we are headed??
  • #62,710
  • Feb 8, 2009 8:47pm Feb 8, 2009 8:47pm


Just got on and thought "Great, what'd I do now? ak this and ak that..." So I back up to the start of it all. What a hoot. You guys are all nuts.

And the part about me and Jay? Hey, what happens in NK stays in NK...

Jeez, did I mention you guys are all nuts? Yoorow must be stuck or something and you guys are all bored.

Anyway, not trading tonite, got a Big Video Project transcoding on the Puter and can't mess with it until it's thru cooking. Swiped my wifes Vista machine to get my FF Fix but it has no platform on it so taking the night off. Trolling thru Old Moldy but Goldy threads finding Rare Gems at every turn. One can go for many dozens of posts or even the entire thread w/o a single UpDown request.

No constructive thing whatsoever to say here so will excuse myself and get back to the Dark & Dusty corners of the Forex Factory... Stay safe there Chicky on your quest...

And Jay, did you hack my Ignore list or something? That was Creepy. Never mind, you might turn That into your new siggy...
FUBAR...
  • #62,711
  • Feb 8, 2009 8:50pm Feb 8, 2009 8:50pm
Quoting CAnthonyMVE
any ideas of wich direct we are headed??
Clearly .... from left to right!

However, my personal view is that if pa breaks through the top wall of downward channel in the daily chart, we may see vicinity of 1.33xx before going all the way down again to 1.28xx. For an upward move 1.37xx may also be possibility. But these are just some analysis of price behaviors ..... and outcome is subject to maket demand and supply.
The Thief of Wall Street
  • #62,712
  • Feb 8, 2009 8:52pm Feb 8, 2009 8:52pm
Quoting ak4x


Just got on and thought "Great, what'd I do now? ak this and ak that..." So I back up to the start of it all. What a hoot. You guys are all nuts.

And the part about me and Jay? Hey, what happens in NK stays in NK...

Jeez, did I mention you guys are all nuts? Yoorow must be stuck or something and you guys are all bored.

Anyway, not trading tonite, got a Big Video Project transcoding on the Puter and can't mess with it until it's thru cooking. Swiped my wifes Vista machine to get my FF Fix but it has no platform on it so taking...

I know I'm nuts. I'm certifiable

And no I didn't hack your ignore list...I think.

Cheers,

J.W.
Not all sins are created equal
  • #62,713
  • Feb 8, 2009 9:04pm Feb 8, 2009 9:04pm
Quoting Chicky
I wish I were posting as part of that response. Don't stop laughing ..... reason? there are plenty.

You don't have to bother about ignore list. I will be away from civilization anyway, taking a few day refuge in some remotest parts of africa.
Chicky, I don't know what your doing, but you might want to rethink your job choice. You may not have noticed but no one was talking about putting you on any ignore list. Be safe on your trip, we will see you when you come back
  • #62,714
  • Feb 8, 2009 9:16pm Feb 8, 2009 9:16pm
Quoting knuckledrag
Chicky, I don't know what your doing, but you might want to rethink your job choice. You may not have noticed but no one was talking about putting you on any ignore list. Be safe on your trip, we will see you when you come back
I am a proof reader. Sometimes we don't need a proof for what we infer from words. I am sorry for misreading your message.

Sometimes you get internet connections from those locatons. But the issue is not with connection being lousy, the real issue is thier 8.6% beer which as like wind chill leverage produces an effect of 86%. See all you friends when I come back.
The Thief of Wall Street
  • #62,715
  • Feb 8, 2009 9:16pm Feb 8, 2009 9:16pm
Im short. I think the euro hit a new high on Friday after NFP.
  • #62,716
  • Feb 8, 2009 9:21pm Feb 8, 2009 9:21pm
Enjoy your trip Chicky
Not all sins are created equal
  • #62,717
  • Feb 8, 2009 9:24pm Feb 8, 2009 9:24pm
Quoting Chicky
I am a proof reader. Sometimes we don't need a proof for what we infer from words. I am sorry for misreading your message.

Sometimes you get internet connections from those locatons. But the issue is not with connection being lousy, the real issue is thier 8.6% beer which as like wind chill leverage produces an effect of 86%. See all you friends when I come back.
Come back soon
  • #62,718
  • Feb 8, 2009 9:26pm Feb 8, 2009 9:26pm
Quoting Jay Walker
Enjoy your trip Chicky
Thanks. Have a nice time.
The Thief of Wall Street
  • #62,719
  • Feb 8, 2009 9:30pm Feb 8, 2009 9:30pm
Hi everyone,
I am considering a short on the EUR entry 1.2945 tp 1.2897 sl 1.2978.
tp is the fibo line from dec 08 highs. f**ck while writing my entry got reached but I did't take it. Next time I will execute the trade first then post here. I guess I learned something...... ooh well still if it comes back up I'll do it.
Attached Image (click to enlarge)
Click to Enlarge Name: eur.png Size: 17 KB
Trade on your own risk Plan your trade&trade your plan dont be a
  • #62,720
  • Feb 8, 2009 9:37pm Feb 8, 2009 9:37pm
Quoting Trading Cat
f**ck while writing my entry got reached but I did't take it. Next time I will execute the trade first then post here.
Sorry mate but I thought this was pretty funny.

If it makes you feel better, I once had this large extra spicy burrito for dinner and missed lots of entry because of that.
Not all sins are created equal
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