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  • #202,921
  • Feb 25, 2010 3:51pm Feb 25, 2010 3:51pm
i was getting figidy this line is my misery......but it confirms were in a wave 3 down when time is right ,,,,,,,and God grants I fullfill my months success target amonth early
  • #202,922
  • Feb 25, 2010 3:52pm Feb 25, 2010 3:52pm
Quoting 4rexLady_de
Häää??

Ok, I know that the Chinese own a tremendous amount of Dollar reserves and they can easily be a threat to the US by selling dollars heavily
Hence the Euro would rise...
But why would they want to buy the Euro if it is about to fall apart?

Now my confusion is even bigger ...

Sorry but this guys' logic makes no sense. Maybe that's his goal, creat confusion.
If only I knew then what I know now...
  • #202,923
  • Edited 4:06pm Feb 25, 2010 3:55pm | Edited 4:06pm
Quoting 4rexLady_de
guys, for the further explanation...

Call me stupid but still I do not understand why the Euro would rise.

Yes, I know that the Chinese are on their way to become #1 and that they are buying commodities like crazy.
I also read about them being all over the place like Africa, etc. and I found it pretty brave of Obama to have the Dalai Lama anyway ( right after a Minister was called to China to pick up the words of anger from the Chinese )...

Ok, so they will rule the world at any time soon(er) or later...and they might even lend money to Europe...


they only reason they would buy euros here would be to dump them higher and purchase more usd
  • #202,924
  • Feb 25, 2010 3:59pm Feb 25, 2010 3:59pm
This is my first post, hello. I'm banking on a trend break up, due to the projection of todays 123 pattern (bottom). It extends exactly to R1 and this current ascending triangle looks set to pop up. Hoping to net 50 pips. It's great following this thread. The best move was Tuesday and I slept in! Happy pipping to u all.
Founder of Sutherland Wave Principle
  • #202,925
  • Feb 25, 2010 4:00pm Feb 25, 2010 4:00pm
FOMC Member Bullard Speaks

Any idea if this is gonna have any impact today?
  • #202,926
  • Feb 25, 2010 4:01pm Feb 25, 2010 4:01pm
Quoting 4rexLady_de
guys, for the further explanation...

Call me stupid but still I do not understand why the Euro would rise.

Yes, I know that the Chinese are on their way to become #1 and that they are buying commodities like crazy.
I also read about them being all over the place like Africa, etc. and I found it pretty brave of Obama to have the Dalai Lama anyway ( right after a Minister was called to China to pick up the words of anger from the Chinese )...

Ok, so they will rule the world at any time soon(er) or later...and they might even lend money to Europe...
Who said that the Chinese are buying Euros or bought Euros?
Why are they holding the largest USD reserves?
  • #202,927
  • Feb 25, 2010 4:03pm Feb 25, 2010 4:03pm
*L* i just keep counting

oh' cat laid off months ago
oh' and baltic dry shipping is down
tick tock
those who can, do. those who cant, talk about those who can
  • #202,928
  • Feb 25, 2010 4:03pm Feb 25, 2010 4:03pm
Quoting mfoste1
they only reason they bought euros here was so they can dump them higher and purchase more usd

Ahh..ok..now THAT makes sense to me, too :-)

Then itīs only open why it should exactly go up to 1,50...why not to 1,60 or even higher?? The cheaper they could buy the bucks...

And donīt tell me, that they care about other countries econmical issues that much...whether a country would have problems once their currency is high or low....as far as I am concerned they would be the last to care for that....

Nope, I donīt want to live as a Chinese...;-)
  • #202,929
  • Feb 25, 2010 4:05pm Feb 25, 2010 4:05pm
Quoting DMA Trader
That was the rumor - that China will get that last chunk of gold from IMF. As far as I know wasn't confirmed by China.

That came from Pravda. If it came from the new York Times.......I would be more suspicious. lol
  • #202,930
  • Feb 25, 2010 4:08pm Feb 25, 2010 4:08pm
Well guys,
I decided, after a week, to put me flat on USDJPY
The best thing that can happen to you is to find out where you're wrong.
  • #202,931
  • Feb 25, 2010 4:10pm Feb 25, 2010 4:10pm
Quoting gatorinla
*L* i just keep counting

oh' cat laid off months ago
oh' and baltic dry shipping is down
tick tock
What's L ? wanted to ask you earlier.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #202,932
  • Feb 25, 2010 4:11pm Feb 25, 2010 4:11pm
Quoting SirMcPip
Who said that the Chinese are buying Euros or bought Euros?
Why are they holding the largest USD reserves?
First of all: someone has to buy all the euros, right? And since the euro is moving up and down 150 pips easily lately there is some big boy behind...
We small traders certainly donīt move a currency.

As the other guy just explained, which makes sense, that they might buy the Euro cheap and push it higher so they can get more dollars cheaper..


And further you just threw in your theory ( or knowledge ) but didnīt explain it ...you just ask further questions....so either you like to be helpful and make yourself understandable, please ( and no it is not the english but rather the content ), or it is just another theory of the gazillion others here
  • #202,933
  • Feb 25, 2010 4:14pm Feb 25, 2010 4:14pm
Is there any holiday?

why does it take so long 4 that thing to come down, any thoughts?

Thanks
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Follow the Trend, thats all
  • #202,934
  • Feb 25, 2010 4:17pm Feb 25, 2010 4:17pm
Quoting gatorinla
*L* i just keep counting

oh' cat laid off months ago
oh' and baltic dry shipping is down
tick tock
I've been following this chart for a 3 years now.
Don't really see a lot of help.
Maybe only if big moves are happening la 2008.
Attached Image (click to enlarge)
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Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #202,935
  • Feb 25, 2010 4:17pm Feb 25, 2010 4:17pm
Quoting 4rexLady_de
Ahh..ok..now THAT makes sense to me, too :-)

Then itīs only open why it should exactly go up to 1,50...why not to 1,60 or even higher?? The cheaper they could buy the bucks...

And donīt tell me, that they care about other countries econmical issues that much...whether a country would have problems once their currency is high or low....as far as I am concerned they would be the last to care for that....

Nope, I donīt want to live as a Chinese...;-)

I dunno if chinese bought euro here, just a rumor take it with a grain of salt....I can say this however, they will take some action here whether it be pushing this down to 1.30 or back to 1.40
  • #202,936
  • Feb 25, 2010 4:18pm Feb 25, 2010 4:18pm
Quoting Driver55
Well guys,
I decided, after a week, to put me flat on USDJPY
you mean going long ?
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #202,937
  • Feb 25, 2010 4:21pm Feb 25, 2010 4:21pm
Quoting 4rexLady_de
First of all: someone has to buy all the euros, right? And since the euro is moving up and down 150 pips easily lately there is some big boy behind...
We small traders certainly donīt move a currency.

As the other guy just explained, which makes sense, that they might buy the Euro cheap and push it higher so they can get more dollars cheaper..


And further you just threw in your theory ( or knowledge ) but didnīt explain it ...you just ask further questions....so either you like to be helpful and make yourself understandable, please...
Looks like i am writing in Chinese. Ok darling, letīs smoke the peace pipe now.
  • #202,938
  • Feb 25, 2010 4:26pm Feb 25, 2010 4:26pm
Quoting DMA Trader
you mean going long ?
No.... not for now...

I was short with 3 lots 91,99 - 91,44 - 91.09
closed all @89 ,09
The best thing that can happen to you is to find out where you're wrong.
  • #202,939
  • Feb 25, 2010 4:29pm Feb 25, 2010 4:29pm
Quoting mfoste1
I dunno if chinese bought euro here, just a rumor take it with a grain of salt....I can say this however, they will take some action here whether it be pushing this down to 1.30 or back to 1.40

yep..thanks :-)
  • #202,940
  • Feb 25, 2010 4:31pm Feb 25, 2010 4:31pm
Quoting SirMcPip
Looks like i am writing in Chinese. Ok darling, letīs smoke the peace pipe now.

Hehehe...yeah maybe at least to me...no offense intended :-)

I just try to get a deeper understanding of things...always learning :-)

Thanks!
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