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  • #170,281
  • Dec 9, 2009 10:58am Dec 9, 2009 10:58am
No need for anyone to post today, just rewind yesterday and read all the posts from the last time at 468, no change here.
  • #170,282
  • Dec 9, 2009 10:59am Dec 9, 2009 10:59am
Quoting Duce
Short? Long?
The only thing is scares me that tomorrow is Friday and Market

will probably tank like a Titanic, besides everyone is pushing EU

pair down, cause around 1.4625 is important support levels. Almost

guaranteed, that all those stop Losses will be run over. Really it can just

go

below

1.46 to 1.45 and then comeback and rebound hard.. I don't believe in

80-81 USD Index.. This is just insane..

Their target is $ 1.15 and My target is $1.65/EURO in 3-4 month.

We'll see.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #170,283
  • Dec 9, 2009 11:01am Dec 9, 2009 11:01am
You'll probably see a retracement once the extensions are hit at 1.4632
In Charts We Trust!
  • #170,284
  • Dec 9, 2009 11:02am Dec 9, 2009 11:02am
Quoting Twilight
I understand your enthusiasm.
You may be happy today.
But following other's opinion is not a valid strategy.
Next time someone could be wrong and if you follow that advice it can cost you.

Driver55 is right.
You need hundreds of hours of market watch, study of fundamentals, technicals, intermarket correlations, self discipline and market psychology.
And make your own decisions so can have no one to blame or to praise, but yourself.
i agree completely.
the problem is that after some months of demo i thought i was pretty good.but the first trades on live were a disaster.so i'm starting to be more cautious and find some kind of warranty.

i've always been extremely arrogant in my life and now that i've felt true fear i'll try to be a little bit more humble.
  • #170,285
  • Dec 9, 2009 11:03am Dec 9, 2009 11:03am
No, what is happening to the EU now has been long over due..their economy is in shambles just the same as ours.....its the market correcting itself..


Quoting SkyzerFX
The only thing is scares me that tomorrow is Friday and Market

will probably tank like a Titanic, besides everyone is pushing EU

pair down, cause around 1.4625 is important support levels. Almost

guaranteed, that all those stop Losses will be run over. Really it can just

go

below

1.46 to 1.45 and then comeback and rebound hard.. I don't believe in

80-81 USD Index.. This is just insane..

Their target is $ 1.15 and My target is $1.65/EURO in 3-4 month.

We'll see.
In Charts We Trust!
  • #170,286
  • Dec 9, 2009 11:05am Dec 9, 2009 11:05am
Quoting SkyzerFX
The only thing is scares me that tomorrow is Friday and Market

will probably tank like a Titanic, besides everyone is pushing EU

pair down, cause around 1.4625 is important support levels. Almost

guaranteed, that all those stop Losses will be run over. Really it can just

go

below

1.46 to 1.45 and then comeback and rebound hard.. I don't believe in

80-81 USD Index.. This is just insane..

Their target is $ 1.15 and My target is $1.65/EURO in 3-4 month.

We'll see.
their target-who are you talking about.
  • #170,287
  • Dec 9, 2009 11:05am Dec 9, 2009 11:05am
Quoting gatorinla
duh.. looking for 4682 after some fighting. time will tell
we are here.. once more. usdx hasnt broke the fib yet. but if this tanks it will.. amazingly the gu is higher atm then this point yesterday and usdx is lower.. not what we need to drop atm..
those who can, do. those who cant, talk about those who can
  • #170,288
  • Dec 9, 2009 11:10am Dec 9, 2009 11:10am
Quoting X.Oden
No, what is happening to the EU now has been long over due..their economy is in shambles just the same as ours.....its the market correcting itself..
I agree with this.. but... I think the difference is the "perceived" dicipline in monitary policy displayed by the EU. The FED is turning into a joke and the US government is like a drunken sailor on leave. These two are only too happy to oblige each other and people in the "know" realize this.

Cracks will show in the EU soon enough.. This will be very interesting. It's gonna look like a shit fight.
  • #170,289
  • Dec 9, 2009 11:11am Dec 9, 2009 11:11am
Quoting lloydblankfe
their target-who are you talking about.
CNBC, Bloomber And Some Kitco.com clowns. Anti-Gold coalition,

so far they not doing too good
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #170,290
  • Dec 9, 2009 11:16am Dec 9, 2009 11:16am
Quoting X.Oden
their economy is in shambles just the same as ours.....its the market correcting itself..
Hmm, interesting. How about Additional 2 trillion $$$ (Debt) spending

for the Medical

reform on the horizon, pushed through the congress by Dems as we speak???

Or it doesn't matter anymore? Trillion here Trillion there..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #170,291
  • Dec 9, 2009 11:17am Dec 9, 2009 11:17am
tomorrow is not friday...........
  • #170,292
  • Dec 9, 2009 11:18am Dec 9, 2009 11:18am
Skyzer...you're shittin me right? If the U.S. is in shambles, it affects the rest of the world....think about what you're saying and think how it affects other nations...


Quoting SkyzerFX
Hmm, interesting. How about Additional 2 trillion $$$ (Debt) spending

for the Medical

reform on the horizon, pushed through the congress by Dems as we speak???

Or it doesn't matter anymore? Trillion here Trillion there..
In Charts We Trust!
  • #170,293
  • Dec 9, 2009 11:20am Dec 9, 2009 11:20am
Quoting The Fool
http://www.bloomberg.com/apps/news?p...WereAQ0M&pos=3

"Dec. 5 (Bloomberg) -- Crude oil prices are in “the right range” and there is no need to reduce inventories, Saudi Arabian Oil Minister Ali al-Naimi said ahead of an OPEC meeting scheduled for later this month."

“Inventories are coming down, the price is perfect, and all investors,...
Yep....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #170,294
  • Dec 9, 2009 11:21am Dec 9, 2009 11:21am
Quoting SkyzerFX
Hmm, interesting. How about Additional 2 trillion $$$ (Debt) spending

for the Medical

reform on the horizon, pushed through the congress by Dems as we speak???

Or it doesn't matter anymore? Trillion here Trillion there..
additional? whos paying for it now?
those who can, do. those who cant, talk about those who can
  • #170,295
  • Dec 9, 2009 11:23am Dec 9, 2009 11:23am
Now you must be 48/49. very strong support.
  • #170,296
  • Dec 9, 2009 11:24am Dec 9, 2009 11:24am
Quoting geocatalinfx
tomorrow is not friday...........
Ohh, you right! Thanks.. It's getting nuts..

Thursday is a good day (usually) let's see..

We need to move away for that 1.46 (dangerous zone..)
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #170,297
  • Dec 9, 2009 11:25am Dec 9, 2009 11:25am
Gold don't pay divdend..it's just a big swing rock that the mass beleive somehow there is some kind of value into it..never underestimate the power of the herd especially when it change his mind at once if the mass find the delusion chaos may break out in price of gold....(joke) he he
"Simplicity is the ultimate sophistication" leonardo da vinci
  • #170,298
  • Dec 9, 2009 11:26am Dec 9, 2009 11:26am
euro wants any excuse to go to the upside...dow's weekly support seems too strong
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  • #170,299
  • Dec 9, 2009 11:26am Dec 9, 2009 11:26am
Quoting gatorinla
additional? whos paying for it now?

Chinese .GOV as usual .. US leaving off Chinese Credit card for quite

a while now.. USA Biggest export is DEBT and $USD
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #170,300
  • Dec 9, 2009 11:28am Dec 9, 2009 11:28am
Quoting vulture
Gold don't pay divdend..it's just a big swing rock that the mass beleive somehow there is some kind of value into it..never underestimate the power of the herd especially when it change his mind at once if the mass find the delusion chaos may break out in price of gold....(joke) he he
but the natives like shinny things. im buying lead its cheaper. and i can get all the gold i want with it. when its just me and the roaches i will have all i need.
those who can, do. those who cant, talk about those who can
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