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  • #186,481
  • Jan 28, 2010 5:28pm Jan 28, 2010 5:28pm
Quoting gatorinla
yep.. and when russia and germany fight it will go to 0
true true
  • #186,482
  • Jan 28, 2010 5:35pm Jan 28, 2010 5:35pm
everyone waiting for tokyo opening ??
  • #186,483
  • Jan 28, 2010 5:38pm Jan 28, 2010 5:38pm
Quoting gatorinla
yep.. and when russia and germany fight it will go to 0
What u think gat ?
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  • #186,484
  • Jan 28, 2010 5:38pm Jan 28, 2010 5:38pm
Quoting realjumper
LOL......nowhere does it "appear to be stepping out of this channel to the upside". It's got to get past 4030 to 'step out of the channel'......It may or may not do that, for now, it is firmly inside the channel.


Also, look at how hard it moved down before when it came close to the upper TL. Now when it comes close sellers are exiting more often.
Its trying to step out of this channel....
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  • #186,485
  • Edited 5:54pm Jan 28, 2010 5:41pm | Edited 5:54pm
Quoting dil
What u think gat ?
i think both bulls and bears have reason to be hopefull. st... but bears will repeat a lot of 2008 down swing. economies when you pull out the gov. money will fall.. gd2... what took decades to destroy will not be cured in a single year. gd1 was about 12 years. it too was wallstreets problem early on.. they had the roaring twenties.. we had the roaring 2000... its already to late for europe and japan. they are exporters with high wages with economys based on exports. they loose market share each day. they cant compete with asian labor.
those who can, do. those who cant, talk about those who can
  • #186,486
  • Jan 28, 2010 5:42pm Jan 28, 2010 5:42pm
Quoting mfoste1
here
Okay, you trade whatever you see. Trendline touches are the reason that they're called trendlines!!!!

Good luck, trade well
Doing what you like is Freedom. Liking what you do is Happiness.
  • #186,487
  • Jan 28, 2010 5:43pm Jan 28, 2010 5:43pm
There are some bulls around, thats why scalping works

Should be careful, we are pretty much in the level now, where we need brute force to go either way.
They think they are smarter than I am.
  • #186,488
  • Jan 28, 2010 5:43pm Jan 28, 2010 5:43pm
Quoting gatorinla
yep.. and when russia and germany fight it will go to 0
I really apreciate your geopolitical view. it's really optimistic LOL!! No, being serious, what do you thin it'll happen if there's a major conflict (supose political not a war) in eurozone?? How far could it drop?? I remember reading in Germany post WW2 the marc billsused as handerchiefs or to make fire cause iof the high rates of inflation, un believable...
  • #186,489
  • Jan 28, 2010 5:48pm Jan 28, 2010 5:48pm
Quoting maurofx
I really apreciate your geopolitical view. it's really optimistic LOL!! No, being serious, what do you thin it'll happen if there's a major conflict (supose political not a war) in eurozone?? How far could it drop?? I remember reading in Germany post WW2 the marc billsused as handerchiefs or to make fire cause iof the high rates of inflation, un believable...
That was the time - my grandpa told me - when everyone and his donkey was a billionaire because of sheer inflation. Very tough times though, but they earned it for what they've done.
  • #186,490
  • Jan 28, 2010 5:52pm Jan 28, 2010 5:52pm
Quoting Mr Hatch
That was the time - my grandpa told me - when everyone and his donkey was a billionaire because of sheer inflation. Very tough times though, but they earned it for what they've done.
Check this out.... 1USD=4.2 billonsof marks. Playing with money on the street. Eventually paper money returns to its intrinsec value...zero!!
Attached Image
  • #186,491
  • Jan 28, 2010 5:54pm Jan 28, 2010 5:54pm
Quoting realjumper
Okay, you trade whatever you see. Trendline touches are the reason that they're called trendlines!!!!

Good luck, trade well


Im quite familiar with trendlines thanks....ne ways, i dont have any positions on this pair right now, im waiting for a good area to short again. Im not shorting USD against any pair right now, too risky. We'll probably see some volatility tomorrow with data coming
  • #186,492
  • Jan 28, 2010 5:56pm Jan 28, 2010 5:56pm
Quoting maurofx
Check this out.... 1USD=4.2 billonsof marks. Playing with money on the street. Eventually paper money returns to its intrinsec value...zero!!

that's the image i have remenber when reading the post too!
  • #186,493
  • Jan 28, 2010 5:56pm Jan 28, 2010 5:56pm
Quoting Optimum
Ha-ha-ha
Exactly, that's how I feel it as well. This Greece/Portuguese/Spain

B-sh*t was knowing when EU been trading over 1.50. Behind close doors

Europiens was crying and begging US FEDs to boost Dullah and when

momentum

gets right, you got massive ADVERTISING CAMPAIGN/SPAM how EUR about

to

fall apart. They trying to push GOLD down as hard. Frankenstein-SOROS

just miraculously reappeared and speak about "GOLD BUBBLE" on CNBC..

F**k OFF, Dude, -Nice try .. How about US DEBT and treasury bubble

which multiplying in geometric progression???

Sorry for all those folks in "Interest rate Raise" camp.

You can repeat after me:

No interest rates would be changed in 2010 in US. NONE.

0% here to stay... Look at JAPAN, no rate change in Decade..

You got it!
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #186,494
  • Jan 28, 2010 5:57pm Jan 28, 2010 5:57pm
Quoting maurofx
I really apreciate your geopolitical view. it's really optimistic LOL!! No, being serious, what do you thin it'll happen if there's a major conflict (supose political not a war) in eurozone?? How far could it drop?? I remember reading in Germany post WW2 the marc billsused as handerchiefs or to make fire cause iof the high rates of inflation, un believable...
re-read post after refresh
those who can, do. those who cant, talk about those who can
  • #186,495
  • Jan 28, 2010 6:00pm Jan 28, 2010 6:00pm
bull candle
  • #186,496
  • Jan 28, 2010 6:02pm Jan 28, 2010 6:02pm
if anyone want go long put tight sl under redline
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  • #186,497
  • Jan 28, 2010 6:03pm Jan 28, 2010 6:03pm
Freaky friday coming up....

4th candle.... Strong W... a lot of volatility, we could see a big upward move from EUR

it will past the channel

Took position at 1.3950... SL 1.3915 TP 1.3995
  • #186,498
  • Jan 28, 2010 6:05pm Jan 28, 2010 6:05pm
Quoting SkyzerFX
Exactly, that's how I feel it as well. This Greece/Portuguese/Spain

B-sh*t was knowing when EU been trading over 1.50. Behind close doors

Europiens was crying and begging US FEDs to boost Dullah and when

momentum

gets right, you got massive ADVERTISING CAMPAIGN/SPAM how EUR about

to

fall apart. They trying to push GOLD down as hard. Frankenstein-SOROS

miraculously reapeared and speak about "GOLD BUBBLE" on CNBC..

F**k OFF, Dude, -Nice try .. How about US DEBT and treasury bubble

which multiplying in geometric progression???...
*LMFAO* the media pumped interest rates in your head.. its just one factor of many..after rate cut or raise money seeks its own level. neither pair is talking about raising/lowering.. so that has nothing to do with anything atm...fed is talking about pulling money out the system.. less dollars means more value.. supply verses demand.. china is doing the same meaning less commodity demand. less commodity demand boost usd. euro & commodity is the anti usd. so euro floats with commodities. it sinks with them also. bad euro news such as dubia, greece, spain ect. just add to the lipstick on the pig. now add in your charts and we may hyper speed lower. we were much lower to the ground at 1.5 then we were at 1.6... and we all know rocky 1 was better then rocky 2.. 2 sucked.. they may not have a rocky 3 if rocky 2 looses money..
those who can, do. those who cant, talk about those who can
  • #186,499
  • Jan 28, 2010 6:10pm Jan 28, 2010 6:10pm
We should see a drop soon, say 5-10 minutes, 10-20 pips at least. I look at 5 min timeframe.
They think they are smarter than I am.
  • #186,500
  • Jan 28, 2010 6:14pm Jan 28, 2010 6:14pm
Quoting gatorinla
china is doing the same meaning less commodity demand. less commodity
I hear that in 2008.. Blahh, blahh.. Gold went from $720 to $1200

No commodity demand my A$$. Chinese only thinking about to run from

USD as far as possible and when Dollar is about to be relatively high and

commodities relatively low, they going to stock another few piles of it,

rather than keep holding useless green paper.

Commodity is hot as never before.. Yes, there going to be correction in mean

while after which everything will move even higher, like always..

Nothing personal though.... Just a view.. I can buy GOLD against USD

anytime blind.. It's going higher anyways.. 0% interest rates, increasing

DEBT and money supply, enough to keep it hot.. Nothing going to change that

in foreseeable future. IMHO
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