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  • #106,241
  • Jun 4, 2009 2:49pm Jun 4, 2009 2:49pm
Quoting gatorinla
whats the scoop on the guros direction.. jim rodgers ???
If you check out what Jim Rogers has been saying for the past years, you'll see that he's a USD bear.
Not all sins are created equal
  • #106,242
  • Jun 4, 2009 2:50pm Jun 4, 2009 2:50pm
Trend is a trend unless broken
The Thief of Wall Street
  • #106,243
  • Jun 4, 2009 2:51pm Jun 4, 2009 2:51pm
Quoting KillerWhale
Did you notice that among those "a lot of us" are the most experienced and respected traders on this forum?
Just thought I'd mention this.
Good point.
  • #106,244
  • Jun 4, 2009 2:56pm Jun 4, 2009 2:56pm
Quoting ak4x
You are on my list of people who own me a new keyboard now... congratulations!!
Well it's good to see that you can still laugh. I have been following this thread for quite some time and your frustration of late has been duly noted.

I don't remember this thread ever being so active so, understandably, in the words of President Obama "a change is gonna come".

Chill out, sit back, relax and enjoy those funky coffees you drink and the punters will take care of themselves as they have done in the past - it's all just a matter of time
Nothing worth having is easy.
  • #106,245
  • Jun 4, 2009 2:58pm Jun 4, 2009 2:58pm
Quoting Atlast
I was keying off double support using median lines so tight SL. Just had a look at USDJPY, not far away from a triple top. EU 4 hr has rejected a price today at support in a way it never rejected any price since the run started off 1.2500. From COT data last week the commercials heavily short, not a lot of sellers left in my opinion. It's possible that big reversal today saw a lot of short covering. I was looking for the daily pivot for TP. I'm not after the big hits. For that I'd wait another day, or better still next week. 1.4349 definitely on...
i said yesterday you could trade either side of 4175..after nfp direction should be clear.. it could trump any further north movement with a worse then expected report. ...at least for a few days..as long as china is buying dollar is dying..but more so in commodity currency. eventually eu will equalise because dead dollar kills euro yen ect.. imfuo... if report is good dollar rip
those who can, do. those who cant, talk about those who can
  • #106,246
  • Jun 4, 2009 3:12pm Jun 4, 2009 3:12pm
Quoting gatorinla
i said yesterday you could trade either side of 4175..after nfp direction should be clear.. it could trump any further north movement with a worse then expected report..at least for a few days..as long as china is buying dollar is dying..but more so in commodity currency. eventually eu will equalise because dead dollar kills euro yen ect.. imfuo...
No doubt weak dollar bad for everyone, but I think what's really driving the USD pairs is the almost inevitable turn away from the dollar as global currency, despite what some world leaders are saying lately in support. Japan, saudi arabia and south korea have to go along with the US. The US economic data, good or bad won't affect EU's rise in longer term. Of course you can only go so high. US AAA rating is not real. Despite Europe's problem, the only way out it appears is to adopt a new global currency, and I think that's the real deal, everything else is just smoke. JMHO. On a day to day basis, just have to sit out the news, as you do.
  • #106,247
  • Jun 4, 2009 3:14pm Jun 4, 2009 3:14pm
Quoting gatorinla
jim rodgers on cnbc now.. he's talking about a currency crises in one or two major currencies. he says one or 2 major currencies may calapse this year or next.
Check out the video store thread. I put everything I find on Rogers there and he's been consistently chirping the same tune for a long long time.

He's talking GDP and USD.
Not all sins are created equal
  • #106,248
  • Jun 4, 2009 3:20pm Jun 4, 2009 3:20pm
Quoting Patience
Well he's been a US$ bear for as long as I've known about him - do you think he is suggesting that it may be the US$ by any chance?
USD is one of them. When you sell your New York home and move to Singapore, you're saying "I'm not coming back". When on top of that you publicly declare "I'm getting rid of my US dollars", you're also saying a well deserve "f@#k you!" to Bernanke and his backup singers.
Not all sins are created equal
  • #106,249
  • Jun 4, 2009 3:21pm Jun 4, 2009 3:21pm
Quoting SeerEye
Do I need to go hang my hat elsewhere now? -
Finally something sane has been said.

You stay around here while hanging on to your f@#king hat!
Not all sins are created equal
  • #106,250
  • Jun 4, 2009 3:24pm Jun 4, 2009 3:24pm
Quoting Patience
Chill out, sit back, relax and enjoy those funky coffees you drink and the punters will take care of themselves as they have done in the past - it's all just a matter of time
A French Press coffee is not "funky".

Never mess with someone who takes his coffee and Guinness seriously. These people are insane. I know because I am one.
Not all sins are created equal
  • #106,251
  • Jun 4, 2009 3:26pm Jun 4, 2009 3:26pm
Good morning all.. looks like a little overnight climbing been going on. hope everyone had a great night.
  • #106,252
  • Jun 4, 2009 3:30pm Jun 4, 2009 3:30pm
Quoting Jay Walker
Never mess with someone who takes his coffee and Guinness seriously. These people are insane. I know because I am one.
Amen - Three things you never wanna mess wit' - my kids; my booze; my coffee!!! - and not necessarily in that order!
Pip what you see; See what you pip!
  • #106,253
  • Jun 4, 2009 3:31pm Jun 4, 2009 3:31pm
Quoting mmcfarlane
Good morning all.. looks like a little overnight climbing been going on. hope everyone had a great night.
Good morning, wherever you may be.

Just to clarify. The forum terminology has been changed.

A little climb is a spike.

A spike is hyperinflation.

Hyperinflation is "like whoaaaa dude!"

EURUSD never goes up as the result of Bernanke and Geithner being shitty administrators but always as the result of manipulation.

A good call done by someone who calls a spade a spade is rude and insensitive.

A shitty call done by someone who's politically correct is sensible.

A molehill is a mountain.
Not all sins are created equal
  • #106,254
  • Jun 4, 2009 3:32pm Jun 4, 2009 3:32pm
I'm long the EU.
  • #106,255
  • Jun 4, 2009 3:34pm Jun 4, 2009 3:34pm
And a Head and Shoulders is a beartrap nowadays.
  • #106,256
  • Jun 4, 2009 3:35pm Jun 4, 2009 3:35pm
Quoting TrooperCoope
And a Head and Shoulders is a beartrap nowadays.
Oh yeah! Sorry!

Add that to the list too!

I'm sure I forgot more, what else is there?
Not all sins are created equal
  • #106,257
  • Jun 4, 2009 3:36pm Jun 4, 2009 3:36pm
Quoting Jay Walker
Good morning, wherever you may be.

Just to clarify. The forum terminology has been changed.

A little climb is a spike.

A spike is hyperinflation.

Hyperinflation is "like whoaaaa dude!"

EURUSD never goes up as the result of Bernanke and Geithner being shitty administrators but always as the result of manipulation.

A good call done by someone who calls a spade a spade is rude and insensitive.

A shitty call done by someone who's politically correct is sensible.

A molehill is a mountain.
god Damn-it Walker - you're changin' the f#$ckin' rules on me again. And you didn't tell me what time frame these forum rules are tagged too.
Pip what you see; See what you pip!
  • #106,258
  • Jun 4, 2009 3:39pm Jun 4, 2009 3:39pm
Quoting SeerEye
god Damn-it Walker - you're changin' the f#$ckin' rules on me again. And you didn't tell me what time frame these forum rules are tagged too.
Oh, it's the 30 seconds time frame.

5 minutes trading is a loooooong time frame ya know!
Not all sins are created equal
  • #106,259
  • Jun 4, 2009 3:43pm Jun 4, 2009 3:43pm
Quoting Jay Walker
Oh, it's the 30 seconds time frame.

5 minutes trading is a loooooong time frame ya know!
I sense a little cynicism on my scalping style. Are you criticizing me? Just because you choose to trade on the 15 minute chart (which is an eternity in forex) doesn't make you, like, be able to see what gunna happen tomorrow or anything - sheesh.
Pip what you see; See what you pip!
  • #106,260
  • Jun 4, 2009 3:47pm Jun 4, 2009 3:47pm
Quoting SeerEye
I sense a little cynicism on my scalping style. Are you criticizing me? Just because you choose to trade on the 15 minute chart (which is an eternity in forex) doesn't make you, like, be able to see what gunna happen tomorrow or anything - sheesh.
LOL!

Seriously, I wonder what people think of me trading daily or weekly frames if they think 15 minutes is an eternity.
Not all sins are created equal
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