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EURUSD

  • #170,021
  • Dec 8, 2009 6:37pm Dec 8, 2009 6:37pm
nobody wants to buy eur/usd

http://fxtrade.oanda.com/tools/stati..._summary.shtml

don't you think they would have to create a retracement so people would buy this ?

coz now they don't get any money from market... (80% of trade banks ) ?
  • #170,022
  • Dec 8, 2009 6:38pm Dec 8, 2009 6:38pm
Quoting mfoste1
lol there are no forex gods, only a devil.
all this time and that is the problem, now you tell me!
----- Dragonfly out in the sun you know what I mean, don't you know
  • #170,023
  • Dec 8, 2009 6:40pm Dec 8, 2009 6:40pm
I called him, and this number works
  • #170,024
  • Dec 8, 2009 6:40pm Dec 8, 2009 6:40pm
I'm long.

(And I'm strong, and I'm down to get the friction on. Baby got back.)
"If The Fool persists in his Folly he will become wise." - William Blake
  • #170,025
  • Dec 8, 2009 6:41pm Dec 8, 2009 6:41pm
I don't like this, will need 10 next posts to be shorting. Otherwise doomed.
----- Dragonfly out in the sun you know what I mean, don't you know
  • #170,026
  • Dec 8, 2009 6:44pm Dec 8, 2009 6:44pm
Quoting Pln
I called him, and this number works
Trully was far gone asleep...got your flash and text message.
Thanks and im grateful
  • #170,027
  • Dec 8, 2009 6:47pm Dec 8, 2009 6:47pm
Hello folks!

Euro sure took a beating today!
Not all sins are created equal
  • #170,028
  • Dec 8, 2009 6:47pm Dec 8, 2009 6:47pm
Quoting mfoste1
lol there are no forex gods, only a devil.
ass charts to cock rock.

runnin' with the devil

Inserted Video
"If The Fool persists in his Folly he will become wise." - William Blake
  • #170,029
  • Edited 6:59pm Dec 8, 2009 6:49pm | Edited 6:59pm
Ive been doing some thinking that further supports my claim of a very far fall of eu sometime mid to later next spring. I think that China has something like nearly 1 trillion in U.S. debt, which they claim to be a huge portion of the value of currency reserve assets. From what I believe to be true, China originally started selling euros to buy dollar back in 2008 crash so this leads me to believe that they will not hesitate to do the same come the spring when the fed will raise rates. When the fed does this, I believe that China will have bought more U.S debt than it currently holds, but when interest rates start so slowly rise they will continue to buy dollar to preserve their assets. Why? One reason----China is next in line to become world superpower. This is a fight to the death for them. They already stated that they are getting pissed because of a weak dollar. They will not let anything like a weak dollar come between rivaling the U.S as the world power.
  • #170,030
  • Dec 8, 2009 7:04pm Dec 8, 2009 7:04pm
Quoting mfoste1
Why? One reason----China is next in line to become world superpower. This is a fight to the death for them. They already stated that they are getting pissed because of a weak dollar. They will not let anything like a weak dollar come between rivaling the U.S as the world power.
Why would anyone want to be a World Power?

I guarantee you if they axed me "Fool, how'd you like to be a World Power?" - I wouldn't even have to think twice. "No way," I'd say. That shit sounds like too much work to me. I have a hard enough time just scalpin' a pip or two...
"If The Fool persists in his Folly he will become wise." - William Blake
  • #170,031
  • Dec 8, 2009 7:11pm Dec 8, 2009 7:11pm
Quoting mfoste1
Why? One reason----China is next in line to become world superpower. This is a fight to the death for them. They already stated that they are getting pissed because of a weak dollar. They will not let anything like a weak dollar come between rivaling the U.S as the world power.
Interesting point.
  • #170,032
  • Dec 8, 2009 7:11pm Dec 8, 2009 7:11pm
Quoting The Fool
Why would anyone want to be a World Power?

I guarantee you if they axed me "Fool, how'd you like to be a World Power?" - I wouldn't even have to think twice. "No way," I'd say. That shit sounds like too much work to me. I have a hard enough time just scalpin' a pip or two...

lololol its inherent in their society.....China should just stop growing then, ohh wait, they cant....
  • #170,033
  • Dec 8, 2009 7:14pm Dec 8, 2009 7:14pm
Quoting sophiaphia
if it pleases the forex gods, please go up!

W M1 1.4680
we crossed to the south side of the daily 89 ema rather deep. if i recall correctly you use ema. this is the first time since april. it breached daily 100 ema but sitting on it atm
those who can, do. those who cant, talk about those who can
  • #170,034
  • Dec 8, 2009 7:17pm Dec 8, 2009 7:17pm
this trade gave me pips already. now i decided to leave it as short/mid term opportunity. lets see. details on my blog - for everybody as always
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  • #170,035
  • Dec 8, 2009 7:17pm Dec 8, 2009 7:17pm
Quoting mfoste1
Ive been doing some thinking that further supports my claim of a very far fall of eu sometime mid to later next spring. I think that China has something like nearly 1 trillion in U.S. debt, which they claim to be a huge portion of the value of currency reserve assets. From what I believe to be true, China originally started selling euros to buy dollar back in 2008 crash so this leads me to believe that they will not hesitate to do the same come the spring when the fed will raise rates. When the fed does this, I believe that China will have bought...
you mean after the civil war right?
those who can, do. those who cant, talk about those who can
  • #170,036
  • Dec 8, 2009 7:23pm Dec 8, 2009 7:23pm
Quoting gatorinla
you mean after the civil war right?

right after....i already have a bunker built and ammunition stockpiles
  • #170,037
  • Dec 8, 2009 7:27pm Dec 8, 2009 7:27pm
Quoting gatorinla
we crossed to the south side of the 89 ema rather deep. if i recall correctly you use ema. this is the first time since april.
excellent point.
touch 89 tail looks quite beautiful on daily
sept and 1.47 are old pivot friends
oct provided support
.468 W M1

i like this trade because it is simple and will work perfectly or not at all
----- Dragonfly out in the sun you know what I mean, don't you know
  • #170,038
  • Dec 8, 2009 7:30pm Dec 8, 2009 7:30pm
we are at a pivitol point. no direction is wrong. so its best to wait. unless your scalping or can handle a drawdown if a fight develops. you can loose your whole account here..mm is the key... we may not even have to pack a lunch for this one. 4609 is the bear side. but the battle still continues.
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those who can, do. those who cant, talk about those who can
  • #170,039
  • Dec 8, 2009 7:30pm Dec 8, 2009 7:30pm
EU start to move upside?
  • #170,040
  • Dec 8, 2009 7:32pm Dec 8, 2009 7:32pm
Quoting mfoste1
right after....i already have a bunker built and ammunition stockpiles
i meant china..
those who can, do. those who cant, talk about those who can
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