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  • #89,021
  • Apr 23, 2009 7:15pm Apr 23, 2009 7:15pm
Quoting Moneys Lover
"US News : Bank stress info today"
anyone know what this news means?
no; but then; nobody else does either - especially the bankers!

Seriously - click on the envelope next to the event in the calendar - that will give you more info.
Pip what you see; See what you pip!
  • #89,022
  • Apr 23, 2009 7:20pm Apr 23, 2009 7:20pm
Quoting SeerEye
no; but then; nobody else does either - especially the bankers!

Seriously - click on the envelope next to the event in the calendar - that will give you more info.
Thank you...

hehehe....i am to lazy to check that kind of stuff....
The trend is your friend and you is your enemy - MJ
  • #89,023
  • Apr 23, 2009 7:30pm Apr 23, 2009 7:30pm
There is not enough bearish power, hope she can reach today's R1...
The trend is your friend and you is your enemy - MJ
  • #89,024
  • Apr 23, 2009 7:31pm Apr 23, 2009 7:31pm
Quoting SeerEye
no; but then; nobody else does either - especially the bankers!

Seriously - click on the envelope next to the event in the calendar - that will give you more info.
To me it means that Friday's stock market (and currency market) could show a big move, either up or down.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #89,025
  • Apr 23, 2009 7:46pm Apr 23, 2009 7:46pm
Quoting KillerWhale
To me it means that Friday's stock market (and currency market) could show a big move, either up or down.
agreed; when no one really knows what to expect; the fear of the unknown - usually unleashes an irrational reaction one way or the other.
Pip what you see; See what you pip!
  • #89,026
  • Apr 23, 2009 9:04pm Apr 23, 2009 9:04pm
Quoting ferndog
If 1.3153 can hold this could be a good place to short
ferndog,

That is a nice looking chart. Is that a indicator that puts the lines on there or do you do that yourself?

fxst
  • #89,027
  • Apr 23, 2009 9:07pm Apr 23, 2009 9:07pm
Hi, you know me as Jay Walker.

For those who don't know me, it's been said that I'm the clown of this thread. And in all fairness, I'd agree.

I enjoy kicking back, relax and get to chat with most of you as I have been, and still am learning a lot from many people here.

That said, I find that the direction this thread has been taking lately disturbing to say the least. How bad does it have to be when the self-proclaimed clown says there's too much clowning around?

I'm still keeping my straight face on.
Not all sins are created equal
  • #89,028
  • Apr 23, 2009 9:09pm Apr 23, 2009 9:09pm
Quoting Jay Walker
I'm still keeping my straight face on.
Hey Jay - 'sup?
Pip what you see; See what you pip!
  • #89,029
  • Apr 23, 2009 9:12pm Apr 23, 2009 9:12pm
Quoting SeerEye
Hey Jay - 'sup?
My cholesterol
Not all sins are created equal
  • #89,030
  • Apr 23, 2009 9:13pm Apr 23, 2009 9:13pm
Quoting Jay Walker
My cholesterol
Lipitor
Pip what you see; See what you pip!
  • #89,031
  • Apr 23, 2009 9:17pm Apr 23, 2009 9:17pm
Quoting SeerEye
Lipitor
Seriously, I hope you never ever have to use that.
Not all sins are created equal
  • #89,032
  • Apr 23, 2009 9:24pm Apr 23, 2009 9:24pm
Quoting Jay Walker
Hi, you know me as Jay Walker.

For those who don't know me, it's been said that I'm the clown of this thread. And in all fairness, I'd agree.

I enjoy kicking back, relax and get to chat with most of you as I have been, and still am learning a lot from many people here.

That said, I find that the direction this thread has been taking lately disturbing to say the least. How bad does it have to be when the self-proclaimed clown says there's too much clowning around?

I'm still keeping my straight face on.
Sounds pretty bad, but I do agree with you.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #89,033
  • Apr 23, 2009 9:26pm Apr 23, 2009 9:26pm
hi, would like to ask, according to me prices was not able to pass and maintain the uptrend above 3153, and a break downwards bellow 3090 would mean to sell, would by analysis be correct, thanks for any comments, cant post a chart due to at office here..
  • #89,034
  • Apr 23, 2009 9:29pm Apr 23, 2009 9:29pm
Quoting dannies
hi, would like to ask, according to me prices was not able to pass and maintain the uptrend above 3153, and a break downwards bellow 3090 would mean to sell, would by analysis be correct, thanks for any comments, cant post a chart due to at office here..
I would.

Congratulations on your contrarian views. It takes lots of that to do well in this.
Not all sins are created equal
  • #89,035
  • Apr 23, 2009 9:34pm Apr 23, 2009 9:34pm
Ok so rumors abound that Chrysler already has it's Chapter 11 papers drawn up, and may have them out early next week. GM is about a week or two away from the same.

GM has already announced 11 weeks of shut down plants this summer.

What effects will this have on the USD?

And a completely off topic question, would you buy a car from a company on the verge of bankruptcy?

Your input is welcome

Cheers
  • #89,036
  • Apr 23, 2009 9:40pm Apr 23, 2009 9:40pm
Quoting macockiner2
Ok so rumors abound that Chrysler already has it's Chapter 11 papers drawn up, and may have them out early next week. GM is about a week or two away from the same.

GM has already announced 11 weeks of shut down plants this summer.

What effects will this have on the USD?

And a completely off topic question, would you buy a car from a company on the verge of bankruptcy?

Your input is welcome

Cheers
Howdy! Not sure what effect bankruptcy would have on the USD.....thats a good question as I believe GM heading into Chapter 11 isn't really a surprise to anyone at this point.

I would buy a car from a company on the verge of bankruptcy if I didn't plan on selling it.......

This is my first post....I've been watching behind the scenes for a while!
  • #89,037
  • Apr 23, 2009 9:42pm Apr 23, 2009 9:42pm
Quoting macockiner2
Ok so rumors abound that Chrysler already has it's Chapter 11 papers drawn up, and may have them out early next week. GM is about a week or two away from the same.

GM has already announced 11 weeks of shut down plants this summer.
This surprises you how exactly? Chrysler made two mistakes. Lee Iacocca gave the reigns to Robert Eaton when he retired (a move that he has regretted ever since). Robert Eaton then like a scared little girl sold to Daimler for no reason other than he was scared.

Chrysler had $17 Billion cash in hand at the time of the so called "merger".

GM should have learned their lesson in the early 90's when they were running a large deficit. They had almost 20 years to change their ways and never did.

Quoting macockiner2
What effects will this have on the USD?
Short, medium or long term? Because there are different answers for all 3.

Quoting macockiner2
And a completely off topic question, would you buy a car from a company on the verge of bankruptcy?
How do you think they ended up on the verge of bankruptcy? People wouldn't buy their lemons when they were financially solid. My answer is no.
Not all sins are created equal
  • #89,038
  • Apr 23, 2009 9:45pm Apr 23, 2009 9:45pm
Quoting warta
the major S & R 28xx and 37xx once we break the price action inside bar we will have tone of pips
Attachment
Nice chart .

I have some question plz.

Where should we expect the price will break?
When price will break support or resistance, should we confirm with some price action or indicator? How we can filter false break out?
  • #89,039
  • Apr 23, 2009 9:46pm Apr 23, 2009 9:46pm
Quoting 99vt66
Next stop 13140/60 and then southbound bigtime.. lets see if I am lucky to be correct again.

GL and trade well and read your chart and if its wrong then you are right to change/tweak/adjust/etc it until it becomes right.....
Hi all,

Looks like bus had arrived at the terminal which I had posted 34hrs ago when retrace was spotted(which I also posted prior to this post). Now lets see if the journey ended here with the demolition of the last bulls royal guards.
PA may still go up to 13202 lvl and if and when that happens, it means that price will not be going down soon but consolidate first before heading down again.

Whatever may be the case, always follow the dynamic road signs which I have advocated times and again. Go long/short ONLY After a topping/basing/stalling signal is generated/spotted and THEN only THEN you long/short on the pb. (Almost similiar to Forexnewgirl who is only scalping smalltimes using a very simple scalping system)

The next move will be worth many pips and hope you are all with me to go get those happy pips......

BTW. the topping signal will be generated if PA breach 13040 at current level and if there is any change, I will post again.

GL and trade well and I dont mix gambling with trading becos I am not a smart gambler and I dont gamble.

Oh by the way, (trader69) I dont think his/her english/spelling is anything but bad. This is a classic basic tool of a very smart person who need to change his/her tack very fast(escape clause) using bad language as a excuse if things do not work their way. You can very easily pick it up in those specialised colleges mostly in Asian city learning the art of all sort of trickery/deceptions.
  • #89,040
  • Apr 23, 2009 9:59pm Apr 23, 2009 9:59pm
Quoting siobi
Buy at 1.2904.
SL at 1.2864,
looking at 1.3054.

Us index now 86.72 after london session opened...
Strong Resistent at 86.90... and US index drops back to 86.20.

since I'm looking US index dropping... thus I'm in once the london open and EUR drops like hell recent ago..
great setup but I got Trailing out only +14pips...

I had anothe pending SELL at 1.32, sl at 1.3230, looking into 1.3100 as my profit target.

I'm looking at EU Daily chart...
the trend line cleary show it is a SHORT trend in action... current market just doing some retracement process at YELLOW color FIBO showing at 61.8 which is around 1.32... it is also the strong resistant for BOL middle and round figure resistent.

please advice if you guys have the same though/or not with me...

thanks..
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