EURUSD

Be patient, what must be done, will be done.

Consequences of actions will be revealed in time. And some people will memorize those days, how wrong they thought about the functioning of system. If you have cog wheels, with dameged one sprocket, the wheels will be functioning, but in time, more sprockets will damage itsels, to cause that system will not be able to work anymore. One system change another, and those wich are profoundly sick and can not be cured, world will let fall. It will be pain, sure, all over the world lot of pain, but change, in all history of mankind, each change cost lot of pain.

It costs, what it costs

You show the facts of the points you posted...

I'll giev you just a number, Europes GDP in 2008 by the IMF: about 31% of worlds global economy output, USA GDP, by the same source is 23%.

Now don't get me wrong, all the world is in a huge problem, and we want this to get solved, these doom previsions that usually appear in these times are just that, exagerated and mostly ignorant claims.

There is no doubt the Dollar will loose it's value, if economies recover. Now extreme cases like 2:1 i don't believe, if that is bound to happen, countries will negociate to avoid such extreme cases. (Hint hint China!)

But forget the doom theory, in both extents, either of Euro cohesion or Dollar excessive devaluation.

Anybody get a piece of that...Kudos to who did...

I was just stopped out and I am done for the week.

Happy Trading

what's driving the euro up???

did some news come out...

the Break occur exactly my time preview!!!

Unfortunately it is in my opposite direction!!

I closed all my shorts including my 1.3740 at 1.2677

No Positions open for now, I can confess that I am a confused right now, some of my views are now change.

Only if this is a Mental game that I for caution do not want to play!!!
I close my short average with profit.
I am OUT!!!

wow...talk about some serious movement..

I went long at 11:28................. I forget what made me GET OUT AT 11:30???!?!?!?!

what happens? I put a long some minutes ago. went to the service. I'm back and I am +134 pips !?

oh... Friday.....
lol...
Closing the gap ?

Gap fill coming?

wtf is happening, any1 thinkin of a short now?"

NuckingFuts will be all over the place, he has been eagerly awaiting for this gap to close!

there are 2 things that possibly caused this move up. one is the talk of nationalizing the us banking system. two is gold came inches within tapping 1000 not too long ago. all i know is im flat with targets achieved and done for the week. good pippin all...to enter any positions before market close is a brave brave thing to do

wtf is going on here +300 pips, does anybody have an explanation???

I cant be the only one who saw this coming....
Gaps WILL be filled.

ok after I posted about 3 mins ago, I went back to the charts, and then THAT was serious movement...

1.2740 up to 1.2840 so quickly..

Nailed it........ Big time.

AJ

I am talking mainly about Eurozone where GDP is roughly same as US. And worse you take figures from IMF cough cough which is an institution run by French and Germans very biased. Same with World Bank which is run by Americans.

Look at my 12 points every single one is true. You come up with one point GDP in Europe is bigger than US.

Dollar will devalue and will be able to export whereas Europe will be outplayed by the Chinese market just as it is starting now.

Over the long run Europe is finished just take my word that no European form of government has been successful.Communism and Fascism same now for fascist ideology of EU. Europe is slowly falling apart. It has had its moment. What amazes me is how the EU criticizes the US when it has much bigger problems.

Perfect example of one who violates MM principles (or lets his wife now of the trade results). Thanks for sharing.

Nope.

ahhh... good nap... hey my long is doing ok.. kinda hoped it would be at 1.6 when a woke up but cant have everything..i dono why but the eur rallies some fridays excluding last friday when it was flat...but sun/mon dollar gained strength.. if between now and end of today we hit a s/r that was more then a bump in the road i will short it..but it will be late and close to 3/4 pm central...theres no ryme or reason for this ...will do the same with gbp and opposite with chf...

.i know some discount corelation.. but i do think euro is waiting for uc to catch up closer to oct.2300 ish highs before its big move..and may just range here until then. we were 700 pips from that piont yesterday.. and the high today we were just 500 pips away..

until the i would not get the set it and forget it metallity on any direction....we are at a pivot that 500 pips wide....could go either way long term