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  • #211,881
  • Mar 16, 2010 3:29pm Mar 16, 2010 3:29pm
Quoting TheLastCoke
I think they have EURLFX. Less currencies in the basket.
whats your 50%#? eurx
those who can, do. those who cant, talk about those who can
  • #211,882
  • Mar 16, 2010 3:29pm Mar 16, 2010 3:29pm
euro and gbp 30 min chart ...
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  • #211,883
  • Mar 16, 2010 3:30pm Mar 16, 2010 3:30pm
Quoting TheLastCoke
I think they have EURLFX. less currencies in the basket.
I feel like an idiot, I can't find it. I'll keep searching. Thanks so much though LC.

Donnie
  • #211,884
  • Mar 16, 2010 3:33pm Mar 16, 2010 3:33pm
Think of 100 people you know that are employable .... are 10 out of work or 20 ?

In Canada here ( Vancouver) where the economy is booming, supposedly unemployment is about 8.7%.


My partner has 2 degrees , one in business and economics and one in languages, She peaks 3 fluently. She is applying for all jobs and getting massive competition , been looking for work for 8 months. Had a 2nd interview for a BANK TELLER asnd got beat out by an ex business owner who's business went bankrupt due to economy .... we are talking about an entry level position at a bank

My other buddy had his business fold ....and he is one smart guy . He is trying to find a job as an executive and finds himself against 400 other applicants for a single position.

My other friend was an executive for a company for 25 years , they laid him off due to downsizing. He has been looking for work for 6 months.

Our company put an advert for a $10 an hour job in the local craigslist for a job that required NO brains . In 2 hours we had 90 applicants including a PHD , and an ex officer of the navy. Are these people just professional job appliers or are they really unemployed looking for work ?

WHAT IS WRONG WITH THIS PICTURE IF THE UNEMPLOYMENT IN CANADA IS ONLY 9% ????? I am 100% sure unemployment here is less than US.

now think about the people that you know around you that are trying to find work ....

Quoting dean walker
Your certainly correct about the markets being volatile to the extremes however there is no possible way unemployment is 22%.
If it was believe me you would see a very different USA.

Her's the deal most people that stay unemployed do it by choice meaning they will not do low level work such as cleaning out restrooms,pumping gas, bagging groceries for min wage.
So they wait and wait with the college education for something better to come their way.
If unemployment was anywhere near 22% the US would look like India looks as a country we would be...
Blogging daily now at www.volume.zone
  • #211,885
  • Mar 16, 2010 3:34pm Mar 16, 2010 3:34pm
Quoting uraceulose
I feel like an idiot, I can't find it. I'll keep searching. Thanks so much though LC.

Donnie
If you don't see it, click market watch then right click then show all.
  • #211,886
  • Mar 16, 2010 3:36pm Mar 16, 2010 3:36pm
Quoting gatorinla
114.43
Thank you again, they must not have it. Oh well, I'll find another demo here soon that has eurox. I only started up the broco for dixy...edit:that worked last coke thank you. I still can't find the symbol for it...they have one that is GLONG or something but it was about 10 pips higher than gators number so I don't think they'd be that far off...

Here's a chart of it if someone can confirm if this is/isn't euro index?

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  • #211,887
  • Mar 16, 2010 3:41pm Mar 16, 2010 3:41pm
Dean

As you are a thinker ... have a read of this

http://articles.moneycentral.msn.com...ment-rate.aspx

and the unemployment illusion

http://www.creditwritedowns.com/2009...-illusion.html

To get a FULL TIME 45 hour work week is very hard these days , only part time jobs are offered or job sharing. So I guess you could say someone is employed working only 25 hrs per week... but really they are barely surviving. In fact to live in and affordable country like India would be a pleasure for some.

Here in Lowerr Mainland of British Columbia Canada , your average house is $470 k and that buys you a shack . Just to live and pay a mortgage / bills you need to earn 2.5 k before cars , food , entertainment or savings. How do we do do it when the average family income is 68 k .... easy get a loan out. What happens when rates go up ? easy you go bankrupt,



Quoting malcolmb14
Think of 100 people you know that are employable .... are 10 out of work or 20 ?

In Canada here ( Vancouver) where the economy is booming, supposedly unemployment is about 8.7%.


My partner has 2 degrees , one in business and economics and one in languages, She peaks 3 fluently. She is applying for all jobs and getting massive competition , been looking for work for 8 months. Had a 2nd interview for a BANK TELLER asnd got beat out by an ex business owner who's business went bankrupt due to economy .... we are talking about an entry level...
Blogging daily now at www.volume.zone
  • #211,888
  • Mar 16, 2010 3:44pm Mar 16, 2010 3:44pm
Quoting malcolmb14
Think of 100 people you know that are employable .... are 10 out of work or 20 ?

In Canada here ( Vancouver) where the economy is booming, supposedly unemployment is about 8.7%.


My partner has 2 degrees , one in business and economics and one in languages, She peaks 3...
I'm sorry for your partner.....but she isn't alone. We have a similar situation here in NZ, but here is a possible......note "possible" reason for this. Too many people are being educated to higher standard than before, with the view of securing the best job possible.

I have an IT degree, and I work in that field. We just advertised for an IT support Officer.....general dogs-body in other words, and we are getting a lot of replies from people who range from self-taught geeks to Computer Science graduates.

If we were advertising for (say) a plumber, welder, truck driver etc etc...the list of applicant would be MUCH smaller.

The days when scant few had degree's are gone......every man and his dog has a degree of some sort.

People have become educated to the point where there is now the opposit of what we had 20 or 30 years ago. Too many people want to sit in an office at keyboard, or some similar job....not too many people want to get their hands dirty these days...
Doing what you like is Freedom. Liking what you do is Happiness.
  • #211,889
  • Mar 16, 2010 3:47pm Mar 16, 2010 3:47pm
Quoting realjumper
I'm sorry for your partner.....but she isn't alone. We have a similar situation here in NZ, but here is a possible......note "possible" reason for this. Too many people are being educated to higher standard than before, with the view of securing the best job possible.

I have an IT degree, and I work in that field. We just advertised for an IT support Officer.....general dogs-body in other words, and we are getting a lot of replies from people who range from self-taught geeks to Computer Science graduates.

If we were advertising for (say) a...
lol ... like trading fx ?

l
Blogging daily now at www.volume.zone
  • #211,890
  • Mar 16, 2010 3:48pm Mar 16, 2010 3:48pm
Actually I was serious about the 22% figure, the rest I threw in to see if anyone was reading my posts he he.

However it is no joke the level of degree people with no jobs has never been higher but it's still far from 22%
Dean


Quoting gatorinla
*LMAO* so are you saying restrooms arent being cleaned? and groceries arent being bagged? and gas is not being pumped?... i think your wrong.. but maybe i should fire the ones that work for me and hire some college guys. that would help the unemployment rate.
  • #211,891
  • Mar 16, 2010 3:50pm Mar 16, 2010 3:50pm
Quoting malcolmb14
lol ... like trading fx ?

l
Ha ha ha ...... well that's just one of the perks of my job!! No really s'posed to do this, but, well....there's lot's of things I'm not s'posed to do!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #211,892
  • Mar 16, 2010 3:51pm Mar 16, 2010 3:51pm
Yesterday I posted a daily chart with 396 pip retracements. That was way off! It turns out the first retracement was 364 and the second is 360 (so far ). Very similar no doubt, but I don't know if the 4 pip differential needs to be "closed" for a downtrend resumption (if it does continue). I am definitely looking at 3799. Above that I'm going to lean long. Until then I will lean short. The line in the sand has been drawn for me. And it is a fine line indeed.

Like gat's says... "it is time to s**t or get off the pot".
  • #211,893
  • Mar 16, 2010 3:54pm Mar 16, 2010 3:54pm
Quoting 2+2=4ex
Yesterday I posted a daily chart with 396 pip retracements. That was way off! It turns out the first retracement was 364 and the second is 360 (so far ). Very similar no doubt, but I don't know if the 4 pip differential needs to be "closed" for a downtrend resumption (if it does continue). I am definitely looking at 3799. Above that I'm going to lean long. Until then I will lean short. The line in the sand has been drawn for me. And it is a fine line indeed.

Like gat's says... "it is time to s**t or get off the pot".
I lean the same way, but I'm out at present......although the kiwi is looking like a short opportunity soon perhaps....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #211,894
  • Mar 16, 2010 3:56pm Mar 16, 2010 3:56pm
[
Hi Malcomb for sure make no mistake about it the economy and jobs are in the crapper I certainly would never deny that. However what I am saying is if the unemployed rate was that high the state of the country would be far worst than living to pay a mortgage.

I lived on Margarita Island the last year and a half which is part of Venezuela. You know why the US has not taken out Chavez. It's not because they like the guy.
It's because the US gets15-18% f it's oil from Chavez they know that if the oil dropped that low the country would shut down. So take numbers even higher than that for unemployment and you get a idea of how bad it could be..
Dean



quote=malcolmb14;3556886]Dean

As you are a thinker ... have a read of this

http://articles.moneycentral.msn.com...ment-rate.aspx

and the unemployment illusion

http://www.creditwritedowns.com/2009...-illusion.html

To get a FULL TIME 45 hour work week is very hard these days , only part time jobs are offered or job sharing. So I guess you could say someone is employed working only 25 hrs per week... but really they are barely surviving. In fact to live in and affordable country like India would be a pleasure for some.

Here in Lowerr Mainland of British Columbia Canada , your average house is $470 k and that buys you a shack . Just to live and pay a mortgage / bills you need to earn 2.5 k before cars , food , entertainment or savings. How do we do do it when the average family income is 68 k .... easy get a loan out. What happens when rates go up ? easy you go bankrupt,[/quote]
  • #211,895
  • Mar 16, 2010 3:57pm Mar 16, 2010 3:57pm
Quoting realjumper
I lean the same way, but I'm out at present......although the kiwi is looking like a short opportunity soon perhaps....
I'm in a mini long in AU from 9186 to 9230. Then I'll probably go short in AU, Kiwi or both.
  • #211,896
  • Mar 16, 2010 3:58pm Mar 16, 2010 3:58pm
Quoting dean walker
Actually I was serious about the 22% figure, the rest I threw in to see if anyone was reading my posts he he.

However it is no joke the level of degree people with no jobs has never been higher but it's still far from 22%
Dean
thats what happens when we outsource. everyone thought it was fine when it wasnt their job being replaced. reality is what happens to one happens to all eventually. no job and we dont pay taxes. its a train wreck and this is but the beginning. it didnt take a year to get like this. and take much longer to get out. maybe decades.. we just paid off the "spanish american war" about 4 years ago 100 years after it was fought. and it was with mules and horses.
those who can, do. those who cant, talk about those who can
  • #211,897
  • Mar 16, 2010 4:04pm Mar 16, 2010 4:04pm
It's called greed and absolutely no loyalty to your country. There people I do not even call US citzens they are internationalists . The goal is make as much as you can no matter what and then if the US goes to the crapper they just take their money and live somewhere else.


Quoting gatorinla
thats what happens when we outsource. everyone thought it was fine when it wasnt their job being replaced. reality is what happens to one happens to all eventually. no job and we dont pay taxes. its a train wreck and this is but the beginning. it didnt take a year to get like this. and take much longer to get out. maybe decades.. we just paid off the "spanish american war" about 4 years ago 100 years after it was fought. and it was with mules and horses.
  • #211,898
  • Mar 16, 2010 4:10pm Mar 16, 2010 4:10pm
We are just 30 pip away from last weeks close.....

break or fail ? if this breaks out 1.3850 , then 1.4050 targets
Blogging daily now at www.volume.zone
  • #211,899
  • Mar 16, 2010 4:12pm Mar 16, 2010 4:12pm
Quoting dean walker
It's called greed and absolutely no loyalty to your country. There people I do not even call US citzens they are internationalists . The goal is make as much as you can no matter what and then if the US goes to the crapper they just take their money and live somewhere else.
Interestingly that works for job loyalty as well. For instance, the goal of the job these days is to make as much as you can no matter what and then if the job dies, get another one. I say to my employer that 'loyalty (to the company) is only as good as the pay cheque...and if you think that's not true, stop paying people and see how loyal they are'.......As Dylan said...the times they are a-changing!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #211,900
  • Mar 16, 2010 4:15pm Mar 16, 2010 4:15pm
Quoting dean walker
Your certainly correct about the markets being volatile to the extremes however there is no possible way unemployment is 22%.
If it was...
In Clark County, Washington State, the unemployment numbers on the books is 14.8%. Including the numbers OFF the books, a counselor at the unemployment department told me last week that it is over 20%. Off the books people include those who small businesses have failed, or who have had lower incomes due to underemployment of the breadwinner, and other family members are now forced to find work.

I trade forex live, but I am not the point where I can bring in a full income. Our small business has been hit hard, and I am one of those 'off the books' people who have been looking for months. After being three months at a job, the company laid off all the people who could not speak Russian or Spanish (I am not fluent) and since it was technically during my probationary period, I am not eligible for benefits. I've been actively looking, six days a week, ever since. I am college educated, have an excellent background at a Fortune 500 company, and can't get an interview.

So, not to argue with you my friend, but I can absolutely tell you that thousands upon thousands of people who are listed as unemployed are terribly discouraged and doing their best. And yes, they're snapping up any job they can--often leaving fewer entry-level jobs for graduating students or seniors who suddenly discover that they need to have more income.

Warm regards,
Tanya (who pops in from time to time, to just see what's cooking around here...)
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