So, everyone got good trades? 
They think they are smarter than I am.
- #174,281
- Dec 18, 2009 11:01am Dec 18, 2009 11:01am
- Joined Aug 2008 | Status: Fear makes us see who we really are | 4,822 Posts
- #174,284
- Dec 18, 2009 11:10am Dec 18, 2009 11:10am
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
anyone short with large drawdown beware
go look at weekly charts 2008 top and now go look at weekly charts 2009 top.
we could well be at the start of a move to 1.000 or LOWER ...yes call me insane , but check out all postings I have done in last few weeks I am calling a doallr super cycle buy maybe to an all time high ....those volumes on the dollar index weekly over the last 8 weeks are not couase one day a bunch of traders decided to sdtart trading dx ... it is massive accumualtion by someone .. and volume that is the HIGHEST in 12 years is not designed for a $10 move in the doallr index. That volume is very simialr in nature to the volume we saw in lows 2008 on the dj .....I trade exclusively using VSA so know what i am talking about.
all over the news ' dollar collapse...blah blah blah' yet it turns out that euro to 1.5000 was just so that world banks could sell at discount.
my 2010 target euro is 1.15 to start and maybe parity
go look at weekly charts 2008 top and now go look at weekly charts 2009 top.
we could well be at the start of a move to 1.000 or LOWER ...yes call me insane , but check out all postings I have done in last few weeks I am calling a doallr super cycle buy maybe to an all time high ....those volumes on the dollar index weekly over the last 8 weeks are not couase one day a bunch of traders decided to sdtart trading dx ... it is massive accumualtion by someone .. and volume that is the HIGHEST in 12 years is not designed for a $10 move in the doallr index. That volume is very simialr in nature to the volume we saw in lows 2008 on the dj .....I trade exclusively using VSA so know what i am talking about.
all over the news ' dollar collapse...blah blah blah' yet it turns out that euro to 1.5000 was just so that world banks could sell at discount.
my 2010 target euro is 1.15 to start and maybe parity
Blogging daily now at www.volume.zone
- #174,285
- Dec 18, 2009 11:16am Dec 18, 2009 11:16am
Skyzer, like it or not, America is and will continue to be greatest country on earth throughout your lifetime. Dollar is guaranteed world reserve currency status for at least the next 20 years. You should just accept it. I only say this so you can live a happier life. If you don't then that's fine too, not my problem.
Anyway, how many times did you have to replenish your account taking all those longs this week?.
- #174,286
- Edited 11:28am Dec 18, 2009 11:17am | Edited 11:28am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
wow, this is too perfect
gold and trendline helps asuming it doesnt break the trendline..this is a long shot..to say the least
indecision on dollar strength is good as well
- #174,288
- Dec 18, 2009 11:28am Dec 18, 2009 11:28am
- Joined Oct 2008 | Status: sideline is a position | 105,127 Posts
those who can, do. those who cant, talk about those who can
- #174,293
- Dec 18, 2009 11:43am Dec 18, 2009 11:43am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
He thought Euro would become world currency. Highly doubt it. It will not be around as long as dollar, that is not a radical assumption.
what yah think of this:
http://www.actionforex.com/long-term...2009092496931/
http://www.actionforex.com/long-term...2009102098757/
any1 wanna break it down..i cant be bothered to read it all
"We are mindful of some downside risks that confront the greenback at present. First, the dollar faces some challenging technical factors including "the trend is your friend," and the current trend is clearly working against the greenback. As noted above, indications that the United States is not serious about addressing its fiscal challenges could be the catalyst that causes foreigners to significantly reduce their purchases of Treasury securities. Despite all the ink that has been spilled recently about the deterioration in the country's fiscal outlook, however, there is very little evidence to support the notion that foreigners, whether private investors or central banks, are refraining from buying U.S. Treasury securities at present."
- #174,294
- Dec 18, 2009 12:00pm Dec 18, 2009 12:00pm
- Joined Oct 2008 | Status: sideline is a position | 105,127 Posts
what yah think of this:
http://www.actionforex.com/long-term...2009092496931/
http://www.actionforex.com/long-term...2009102098757/
any1 wanna break it down..i cant be bothered to read it all
but if i think about it. so has europe.. so what changes this. are they all united by this new miracle cure that cures athletes foot and gonorea called the euro? its just paper right? then i think hey they had a currency like this when all these wars were going on. it was called gold. so what has changed? you got the weak wanting what the strong have. you got the strong wanting what the weak have. in that big happy family, people fight.. shit happens.. paper only worth what its backed up with. at least gold dont burn..
those who can, do. those who cant, talk about those who can
- #174,295
- Dec 18, 2009 12:05pm Dec 18, 2009 12:05pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
yeah who knows.. i as well as many have a belief about many regiens of the world. that they have been fighting thousands of years so nothing is new. they will continue to fight thousands of more years. such as the mid east. thats what they do..
but if i think about it. so has europe.. so what changes this. are they all united by this new miracle cure that cures athletes foot and gonorea called the euro? its just paper right? then i think hey they had a currency like this when all these wars were going on. it was called gold. so what has changed?...
on the televisions here in UK u got all these adverts saying.."need money sell gold - we buy the gold off u"
gold up = euro up
who the hell knows
not sure if u noticed the doji at resistance and the buying pressure..was very strong...someone interested
- #174,296
- Dec 18, 2009 12:15pm Dec 18, 2009 12:15pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
and check how interesting this is on a weekly for gold..hrmmm something is cooking
- #174,300
- Dec 18, 2009 12:30pm Dec 18, 2009 12:30pm
- | Commercial User | Joined Jul 2009 | 5,375 Posts
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