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  • #96,241
  • May 14, 2009 11:29am May 14, 2009 11:29am
Quoting notch
Cycles are part of natural systems and delaying them just makes things worse. This problem is too big for any man, woman, child or beast. There has to be a correction, there has to be a contraction of biblical proportions to put this right.

I understand that it is now possible to buy houses in Detroit for $100...yep.
i prefer it doesn't happen in my life time at least
I SEE YOU !!
  • #96,242
  • May 14, 2009 11:30am May 14, 2009 11:30am
I closed the position. Good ol' rules. 1542 is below BE and the new high formed on M30 is not convincing enough to make me hold.
  • #96,243
  • May 14, 2009 11:30am May 14, 2009 11:30am
Quoting Atlast
Below 1.3594 and i may consider a short as SL only 15 points away

I just want to get this trade over and done with then go for some kip.
  • #96,244
  • May 14, 2009 11:32am May 14, 2009 11:32am
Quoting djambazov84
ok...we get it.....

serenity now ...
Thanks for your reply.

By the way, when I say some call, short or long, that it is rare for sometime, it is a true call, so if someone follows my calls, be careful, because my calls are not single, I mean I have at this point a lot of shorts above 1.3586, so calls are few % of my MM. I can manage my account at my way with lot of trades opened.
  • #96,245
  • May 14, 2009 11:32am May 14, 2009 11:32am
[quote=dbfusion;2734726]I don't want to be pessimistic .

US produces 20% of the world's GDP
and euro zone 25%

rest of the planet are followers !


what about europe?
  • #96,246
  • May 14, 2009 11:35am May 14, 2009 11:35am
[quote=valery;2734766]
Quoting dbfusion
I don't want to be pessimistic .

US produces 20% of the world's GDP
and euro zone 25%

rest of the planet are followers !


what about europe?
I said it
25%

all European countries combined produce 25%

http://en.wikipedia.org/wiki/List_of...y_GDP_(nominal)
I SEE YOU !!
  • #96,247
  • May 14, 2009 11:39am May 14, 2009 11:39am
[quote=dbfusion;2734770]
Quoting valery

I said it
25%

all European countries combined produce 25%

ye.agree with you. us is a great country.
  • #96,248
  • May 14, 2009 11:41am May 14, 2009 11:41am
Quoting dbfusion
i prefer it doesn't happen in my life time at least
Sorry my friend, but that's similar to the thinking that got us into alot of this mess in the first place... "If We can dodge the bullet, then maybe it'll miss Us and we can pass it on to Them (our kids). Sucks to be them."

I'm of a generation that has kids and I'm not happy. The a$$holes in both parties of the Gubmint that propagate that thinking should be dealt with in a way that makes it unlikely They will propagate in the future.

Bring it on, suck it up and deal with it. If it can't be fixed, take a dozer, dig a big hole under a nice shady tree and put that dead horse to Rest. Build a new one, or at least lay a workable foundation for the New, and pass something a little more Hopeful on to those coming after us.

My friday rant a day early I guess... nothin personal db.
FUBAR...
  • #96,249
  • May 14, 2009 11:41am May 14, 2009 11:41am
[quote=valery;2734779]
Quoting dbfusion


ye.agree with you. us is a great country.

Agreed! But the UK is better!
  • #96,250
  • May 14, 2009 11:44am May 14, 2009 11:44am
Quoting ak4x
Sorry my friend, but that's similar to the thinking that got us into alot of this mess in the first place... "If We can dodge the bullet, then maybe it'll miss Us and we can pass it on to Them (our kids). Sucks to be them."

I'm of a generation that has kids and I'm not happy. The a$$holes in both parties of the Gubmint that propagate that thinking should be dealt with in a way that makes it unlikely They will propagate in the future.

Bring it on, suck it up and deal with it. If it can't be fixed, take a dozer, dig a big hole under a nice shady...
I agree 100%

Passing the buck onto future generations, torturing folk and trying to justify it. I must be in the Twilight Zone.

What does this have to do with the EURO well the EURUSD will become the world reserve currency.
  • #96,251
  • May 14, 2009 11:45am May 14, 2009 11:45am
Hi this question is to all the senior members and professional traders that read this thread. i want to make a trading method based on s/r fibs trendlines and cycles that is color coded and has a trendline/s/r/fib alerter similar to this one built in the system
http://www.forexfactory.com/showthread.php?t=15197

my question is this
have you ever seen a thread, book, material, or system that goes from top down i.e. daily to h4 to h1 to m15 to m5 and spots entries on m15 or m5 with a small sl and extremely large risk reward ratio. So for example you would plot trendlines and fibs and s/r on daily or h4 and go down to m15 and m5 placing your entries there. Similar to one shot one kill sniping. i am posting an example here to show you what i mean. this trade would have a rrr of 20:1 with 20 pip sl or 40:1 with 10 pip stop loss on m5. 6 of these trades overleveraged would make a bit of money within a short period of time. The basic concept is if the whales and big money managers are looking at daily and h4 charts why cant we draw the same lines and get great entries on m5 or m15 to make money. 1 trade like this you could make 30-40% and not have to trade for the rest of the week if you want.

Any help on this would be GREATLY appreciated. May God be with us.
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The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #96,252
  • May 14, 2009 11:47am May 14, 2009 11:47am
Quoting ak4x
Sorry my friend, but that's similar to the thinking that got us into alot of this mess in the first place... "If We can dodge the bullet, then maybe it'll miss Us and we can pass it on to Them (our kids). Sucks to be them."

I'm of a generation that has kids and I'm not happy. The a$$holes in both parties of the Gubmint that propagate that thinking should be dealt with in a way that makes it unlikely They will propagate in the future.

Bring it on, suck it up and deal with it. If it can't be fixed, take a dozer, dig a big hole under a nice shady...
its soo big and the planet is dependent on it, to be shot down.
I say we see if its fixable or not if it is the we fix it if not then we work with it and bear some trouble and mean while build a new one then we shoot the old one. ( and in the fixing process those assholes needs to be shot )

its not only concerning USA alone . politics are there and billions will suffer the mistakes or the greed of hundreds.
I SEE YOU !!
  • #96,253
  • May 14, 2009 11:47am May 14, 2009 11:47am
Markets do not move in straight lines, but it's the straight lines that help us (me) trade the market moves.
And not an indicator in sight.
Of course, for consistent traders it takes a little market savvy, but that's where forums like these can help.
Attached Image
  • #96,254
  • May 14, 2009 11:49am May 14, 2009 11:49am
[quote=notch;2734784]
Quoting valery


Agreed! But the UK is better!

UK and Switzerland
  • #96,255
  • May 14, 2009 11:50am May 14, 2009 11:50am
my day is over before it even start , I hope tomorrow will be better

i will go rest and watch homer Simpson

have a great day all wish you all the best
I SEE YOU !!
  • #96,256
  • May 14, 2009 11:52am May 14, 2009 11:52am
[quote=notch;2734784]
Quoting valery


Agreed! But the UK is better!
In fact, Zimbabwe, cause they're better at printing money.
  • #96,257
  • May 14, 2009 11:54am May 14, 2009 11:54am
Quoting notch
I agree 100%

Passing the buck onto future generations, torturing folk and trying to justify it...
Whoa there... You put some words in my mouth.

I'm speaking about failed economic policies and the like that pass unbearable burdens onto future generations, often sealing their fate in the process.

I didn't mention "torture" or justifcation of anything. But since you did tho, and I assume you're referring to the current flap over Nancy Pelosi and waterboarding, I'll just say I feel the same way about my country that I do my family...

If someone intent on harming them knows something, and me finding that out can derail those intentions, I'll hold the hose... and never lose a minute of sleep over it.
FUBAR...
  • #96,258
  • May 14, 2009 11:56am May 14, 2009 11:56am
Quoting notch
I just want to get this trade over and done with then go for some kip.
The longest up bar for the day short term just printed. Normally I'd consider that strength, but it's occuring after a sustained move.
  • #96,259
  • May 14, 2009 11:57am May 14, 2009 11:57am
Quoting dbfusion
my day is over before it even start , I hope tomorrow will be better

i will go rest and watch homer Simpson

have a great day all wish you all the best

Okay. See you tomor'
  • #96,260
  • May 14, 2009 11:57am May 14, 2009 11:57am
Quoting WedWed
hope every body here win the market .. today i am busy with other thing and cant trade.. i did one trade only.. just now look @ my chart and i see 1.3655 good place to short .. but is the price will go there?? we will see !
i am preparing now
Never sell @ lower upward channel unless breacked and vise versa .
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