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  • #102,681
  • May 29, 2009 5:25am May 29, 2009 5:25am
Quoting notch
Trec' has more than hinted that price stability is the objective and that march to deflation will be halted.
"and that march to deflation will be halted" <<<<< !!!!!

So far he only talked. Let's see him do something.
  • #102,682
  • May 29, 2009 5:26am May 29, 2009 5:26am
Quoting Elghoz
short till what target p lz

I feel sorry for this guy although he probably makes more pips then me at the moment........I see.......new strategy....Guys! Which way is the price heading?
  • #102,683
  • May 29, 2009 5:26am May 29, 2009 5:26am
Quoting Elghoz
short till what target p lz
take 10 pips
Gambling with PA
  • #102,684
  • May 29, 2009 5:27am May 29, 2009 5:27am
Quoting TheFisherman
"and that march to deflation will be halted" <<<<< !!!!!

So far he only talked. Let's see him do something.
What, do you mean talk doesn't impact the market? Please.
  • #102,685
  • May 29, 2009 5:27am May 29, 2009 5:27am
1 more trade and i'll be 500% richer than last week. Good luck to myself
Gambling with PA
  • #102,686
  • May 29, 2009 5:28am May 29, 2009 5:28am
Quoting notch
What, do you mean talk doesn't impact the market? Please.
Talk impacts the market on short term. If talk is not followed by action at those levels will also be the last time the talk would ever be listened to.
  • #102,687
  • May 29, 2009 5:30am May 29, 2009 5:30am
If it closes above 1.4 then I would say its broken other wise we are going back to 1.3800 before it really heads for 1.4500
Economists have forecast 9 out of the last 5 recessions
  • #102,688
  • May 29, 2009 5:30am May 29, 2009 5:30am
Quoting gurangax
1 more trade and i'll be 500% richer than last week. Good luck to myself
If you make a 500% winner
  • #102,689
  • May 29, 2009 5:30am May 29, 2009 5:30am
Quoting TheFisherman
Talk impacts the market on short term. If talk is not followed by action at those levels will also be the last time the talk would ever be listened to.

Well short term is good enough for me.
  • #102,690
  • May 29, 2009 5:33am May 29, 2009 5:33am
Quoting notch
Well short term is good enough for me.
How can that be? Trichet clearly stated that inflation seems to have disappeared as a proble and that "ECB's only needle" is price stability (ie. fix the broken EUR/USD, EUR/whatever going through the roof) and the market reaction to that was what?
  • #102,691
  • May 29, 2009 5:33am May 29, 2009 5:33am
Quoting notch
I feel sorry for this guy although he probably makes more pips then me at the moment........I see.......new strategy....Guys! Which way is the price heading?

Notch - I would tell you but I'm biased so you should ignore me completely.
  • #102,692
  • May 29, 2009 5:34am May 29, 2009 5:34am
my trading position longterm EU

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  • #102,693
  • May 29, 2009 5:34am May 29, 2009 5:34am
Hello to you all.. Im new to this game, only been trading 6 months or so and made all the classic mistakes but learning heaps and not dead in the water yet..

Ive been watching this forum for a few weeks now... Thanks everyone for your posts. They really help... Ive been doing ok tonight picking up around 50 pips. Sitting short now so hope all goes to plan.
  • #102,694
  • May 29, 2009 5:35am May 29, 2009 5:35am
It's taking out the strong resistance area. A lot of steam built up, will have to be let out soon.
Upper resistance in 60 min at 1.4046 (EDIT: 1.4146)
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  • #102,695
  • Edited 5:38am May 29, 2009 5:37am | Edited 5:38am
Quoting TheFisherman
How can that be? Trichet clearly stated that inflation seems to have disappeared as a proble and that "ECB's only needle" is price stability (ie. fix the broken EUR/USD, EUR/whatever going through the roof) and the market reaction to that was what?

And tell me kind sir...what is price stability......it doesn't happen to have anything to do with the variability of inflation...does it?
  • #102,696
  • May 29, 2009 5:40am May 29, 2009 5:40am
yes finally i got my profits . Thank you Lord. All the best guys. Im 5 times richer than last week now. Gonna stop. Happy piipings
Gambling with PA
  • #102,697
  • May 29, 2009 5:42am May 29, 2009 5:42am
Quoting notch
And tell me kind sir...what is price stability......it doesn't happen to have anything to do with the variability of inflation...does it?
"..said that inflation risks have receded adding that price stability is the only 'needle' in the ECB's compass. His comments come after this morning's sharper than expected drop in the May annual CPI flash estimate to just zero. Trichet went on to say that the Bank will ensure that price expectations don't slump and was quick to note that his remarks have no bearing on future ECB policy.

Riddle: what can affect price stability and is not inflation?
  • #102,698
  • May 29, 2009 5:42am May 29, 2009 5:42am
Quoting gurangax
yes finally i got my profits . Thank you Lord. All the best guys. Im 5 times richer than last week now. Gonna stop. Happy piipings

Well done - now you need to do it again next week lol.
  • #102,699
  • May 29, 2009 5:42am May 29, 2009 5:42am
4115 TP hit, today's been a great day! Have a great weekend guys!
  • #102,700
  • May 29, 2009 5:42am May 29, 2009 5:42am
Quoting gurangax
yes finally i got my profits . Thank you Lord. All the best guys. Im 5 times richer than last week now. Gonna stop. Happy piipings
Good fortune, what do you say to the Lord when you don't get your profits?

I think He is more interested in your soul than your profits
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