EURUSD

ive went up to 600 pips on ea.. i did that before i took the trade.. but you got me beat... 1000 on eu is more then i could stand... good luck.. i hope you make it.. i was bearish too.. but if this last move stands im polishing my horns...im already out my trendline now... so the next few days should write this chapter for me.. i knew about the big W over last few months and preached it... just thought it would go down first... im getting some faith now.. starting that realization now..

Yeah, it's been a great week, thanks Arthur.

And, you are right, Lloyd has a lifetime experience of complete idiocy under his belt, I simply cannot compete with such a master.

Lloyd, the forum is all yours, my dear friend! Enjoy...

If European banks were that safer why would people line up to take their money out at any rumor? Remember Northern Rock? People still line up in US but those are the stupid uneducated ones. We have closed so many banks and no one has lost a penny. For all those who doubt America's buying power, there is 4 trillion dollars sitting in the Money Market acct as of last data. So please... keep this argument real.

1. Europes corporate debt is twice as high as Americas as percentage of GDP. 95 VESUS 50 PERCENT.
2. Europe has aging population
3. European banks are more highly leveraged 50:1 in comparison to12:1 in us.
4. Europe has least raw materials out of all continents.
5. Europe is too expensive for tourists.
6. European banks owe American ones 6 trillion
7. Inflation is higher in Europe than America by the way
8. Europe cannot feed itself.
9 Europe is importing more from China
10. Europe is struggling with exports, e.g cars, actually America is doing quite well especially gm sales in Japan.
11. Industrial production is declining faster than America
12. Unemployment is rising more quickly
13.GDP is contracting more quickly and forecasted to do so.
14. Europe has too much bureaucracy
15. People have little savings and live of the interest off them now they are crying.
16. Just as gatorinla mentioned Europe is definetely prepared for 300 dollars a barrel with renewable energy. The continent will be on its knees.
17 Chances of Europe going bankrupt are greater than McDonalds something called credit default swaps.

Europe is definetely in better shape,

Feds dilemna' what to do with Europe.

You guys appear to have selective memory I never said us banks are safer, I said they are less prone to margin problems. Like all those highly leveraged European ones, deutsche bank, barclays.

Oh yeah I forgot what happened in November 2008,
AIG bailed out Europe.

I know it has been said a lot of times now but....HOLY MOLEY BATMAN!!!

Just came home after a few hours and I almost fell off my chair. Well, I am not gonna complain after netting over 300 pips.

By the way, just my 2cents about this ongoing debate, this part:

"13.GDP is contracting more quickly and forecasted to do so." is plain false, check your numbers again.

I feel dissapointed (damn i dont know how to spell it ) i went for a drink and you guys came up with only 2 new pages. I had a huge loss today but what the hell tomorrow is a brand new day. Wish you all luck.

I think we will see turn down around trendline and fibo level.
It is possible to go up? (grenn arrow)


http://www.shrani.si/t/3e/lA/3iRlBSCU/eurusd.jpg

My waffles are well done and crispy, just as I like them

My dear friend at this market everything is possible if we have another bull run tomorrow for 200-300 pips i wouldnt be amazed.

I sure hope we have some retrace first during Asia.

Edit: Not necassary anymore, I just got stopped out.

One more thing anyone remember what i posted last week on Thur. about throwing the coin? That damn coin was right i should go long I would be rich right now hehe Good night to you guys i`m going to have some sleep, last 3 days was ....

Charts are going crazy again 1.3520 right now

Check out that weekly chart, We are going to 1.6000.

If it becomes a confirmed double bottom, you may just be right. Too early to say though.

My longs from 2500, 2550 and 2600 will be a retirement fund if it goes that high

woow..im glad im take nap earlier , with my short bias i will caught in no man's land..

now, im out of pivot ..my weekly pivot R3 are @ .13473 .. n break through.. so back to upper triangle n fib

but i wonder , if this pa break 1.40, n create those big W so, in d near time we can see 2$ = 1 euro??

THIS THING WENT UP SO HIGH THAT MY TECHNICALS IN MY CHARTS ARE NOT VALID ANYMORE...WTF

Got Vegemite?

And cheese.

Now I'm out of here before clogger makes another processed cheese joke and puts me off my breakfast again

When I was loaded to the gills at 1.26....the good ole days. I saw the possibility of this move, but hard to believe. Lesson is: It happens. Past couple of days I was going to write a lengthy post about how the markets right now are not trading based on actual business, but more on spec and across light markets. When US spends 100 billion on IMF they just, "Ad to the number in the computer," like Bernanke said when talking about adding money to other government accounts. How can we really get behind moves in currency when trading markets are dead and are not providing any liquidity or underlying direction. It's kind of a joke. I got to thinking maybe this dollar bullishness might have more to it through the rest of 2009. The worries of inflation is the soup de jour, but it just can't be that straightforward. There is likely to be some curve-ball in this action. SO MANY institutions are looking for at least 1.20, while some are calling for parity. Even though I don't believe them so much, Is the EURO/USD going to end the year up or down?? I don't know what to think anymore. If I close shop now, I walk away with 22% on principle in 2009; not anywhere what I would like, but it's positive. I guess, I can focus on making money the old fashion way.

am short of words thank God i was long, $$$$$$$$$$$$$$$, would not mind a safe bank as well......

i think we are still gong to 1.6000, should still move over 200 pips tomorow