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  • #230,061
  • Apr 23, 2010 6:45am Apr 23, 2010 6:45am
[Dow Jones] Greece has finally bitten the bullet and formally asked for a bailout, with the prime minister telling the Greek people in almost science fiction-like language that they've officially requested "from our partners the activation of the support mechanism." Back here on US shores, we've had plenty of our own "support mechanism" activations, thanks to Uncle Sam, so no snickering, citizens. One of those supports, the homebuyer tax credit expires next week, but we should see some of its positive effects on March new home sales, due at 10:00am. Before that, durable goods orders at 8:30am. Microsoft and Amazon both lower premarket following quarterly reports late yesterday. USD index recently at 81.63. S&P futures up 4.10; 10-yr lower, yield at 3.79%.
  • #230,062
  • Apr 23, 2010 6:45am Apr 23, 2010 6:45am
Watch out guys, some signs of USD Strength, USD/CAD just rose up shit loads... after some bad news... there...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #230,063
  • Apr 23, 2010 6:46am Apr 23, 2010 6:46am
Quoting Redeemed1
Lower highs...lower lows....mmmmm
Where ? what tf ?

I only see higher low
COT: The precious data ignored
  • #230,064
  • Apr 23, 2010 6:46am Apr 23, 2010 6:46am
[Dow Jones] As the market waits to see how and when a EU/IMF package will be made available to Greece, Morgan Stanley suggests that the IMF portion could come first, followed by contributions from those countries such as France and the Netherlands that have already got parliamentary approval. "Hence," the bank says, "the delay in parliamentary approval in Germany of the raise in the guarantees for KfW should not stand in the way of disbursing the first tranches of the aid package."
  • #230,065
  • Apr 23, 2010 6:47am Apr 23, 2010 6:47am
2
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Trade on your own risk Plan your trade&trade your plan dont be a
  • #230,066
  • Apr 23, 2010 6:47am Apr 23, 2010 6:47am
Quoting bguguen
Doubt it seriously... look what obama said mate... in his address hes looking to keep it up as long as possible to speed up the recovery... and on the EURO side lets just say... not good Greece and who knows Spain and portugal have been speculated next to go deep down in debt like greece...
I caught wind of Spain and Portugal hard economic times yesterday evening. Was a little surprised but no worried for the Eur. All eyes are on Greece and after whats happening with Greece's reputation, they are the most embarrassed country in the world at the moment, I don't think Portugal nor Spain will follow the route Greece. Instead I believe those countries may seek some "under the table" deals with the EU, North America, and/or Asia.
  • #230,067
  • Apr 23, 2010 6:48am Apr 23, 2010 6:48am
DJ MOF: "Currently No Acute Financing Need for Greece"

Those guys are funny.. Papandreou just asked for Help few hour

earlier and this guys keep saying No financing Need it..

What a morons.

Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #230,068
  • Apr 23, 2010 6:49am Apr 23, 2010 6:49am
Greece has finally bitten the bullet and formally asked for a bailout, with the prime minister telling the Greek people in almost science fiction-like language that they've officially requested "from our partners the activation of the support mechanism." Back here on US shores, we've had plenty of our own "support mechanism" activations, thanks to Uncle Sam, so no snickering, citizens. One of those supports, the homebuyer tax credit expires next week, but we should see some of its positive effects on March new home sales, due at 10:00am. Before that, durable goods orders at 8:30am. Microsoft and Amazon both lower premarket following quarterly reports late yesterday. USD index recently at 81.63. S&P futures up 4.10; 10-yr lower, yield at 3.79%.
  • #230,069
  • Apr 23, 2010 6:53am Apr 23, 2010 6:53am
Quoting Redeemed1
Where are you at that you just saw 15 stores close?
florida
  • #230,070
  • Apr 23, 2010 6:57am Apr 23, 2010 6:57am
Quoting Orbital
USD index recently at 81.63
After 8:30 it should start dropping fast..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #230,071
  • Apr 23, 2010 6:59am Apr 23, 2010 6:59am
Quoting SkyzerFX
After 8:30 it should start dropping fast..
Youve been claiming that for the past 2 weeks now bro?
Its longterm target is 83
  • #230,072
  • Apr 23, 2010 6:59am Apr 23, 2010 6:59am
F** U Gold

every time I swear to not trade in Friday,

Gold playing your mama with me for 3 hours now

what can I say, I'm greedy MF
what's wrong in being on the beach with my cigar now ..

why the week profits isnt enough whatever they are?!

or Enough is not enough!!

F** U Ben too
  • #230,073
  • Apr 23, 2010 7:00am Apr 23, 2010 7:00am
In my first two weeks of trading I turned 200 into eight, Doubled my account every week. Now If you did this consistently for 52 weeks your balance would be: 900,719,925,474,099,200.00 What is that 900 quadrillion? What comes after a quadrillion? The us national debt
Founder of Sutherland Wave Principle
  • #230,074
  • Apr 23, 2010 7:01am Apr 23, 2010 7:01am
Quoting SkyzerFX
After 8:30 it should start dropping fast..
8.30 where?
  • #230,075
  • Apr 23, 2010 7:02am Apr 23, 2010 7:02am
Quoting suthmo
In my first two weeks of trading I turned 200 into eight, Doubled my account every week. Now If you did this consistently for 52 weeks your balance would be: 900,719,925,474,099,200.00 What is that 900 quadrillion? What comes after a quadrillion? The us national debt
But we all know it's easier to turn 100 into 200 than turning 100,000 into 200,000
Anwyay good luck in your trip to 9000 trillions!!
COT: The precious data ignored
  • #230,076
  • Apr 23, 2010 7:04am Apr 23, 2010 7:04am
A bullish inside bar has developed on the hr. Will not play it as lately I've losing trades when a inside bar develops. I know this as my trading journal list all of my latest signals in the past 3 months and there are a lot of negative numbers next to "Inside Bar Entry Signal"
  • #230,077
  • Apr 23, 2010 7:04am Apr 23, 2010 7:04am
Quoting SkyzerFX
After 8:30 it should start dropping fast..
you dont think the market is gonna struggle trying to price this bailout?
  • #230,078
  • Apr 23, 2010 7:04am Apr 23, 2010 7:04am
Quoting Orbital
Youve been claiming that for the past 2 weeks now bro? Its longterm target is 83
Not weeks but since it hit upper target. Dollar overbought due to

Greek problems.. Use your calculator sometimes. If EUR down so much

for 500 billion $ Greek Debt, Where USD with $12 Trillion Debt should be

trading? Little bit above ZERO... Just give it a time.

AS for US Recovery BS, ask your local business man sometimes how they are doing..

They'll tell you. This is Wall Street Recovery only, people are left in dust with less hope to

get a JOB.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #230,079
  • Apr 23, 2010 7:04am Apr 23, 2010 7:04am
Quoting kuroro001
But we all know it's easier to turn 100 into 200 than turning 100,000 into 200,000
Anwyay good luck in your trip to 9000 trillions!!
you sure bout this 100 into 200 and 100,000 into 200,000??

all i see is 1:2 and 1:2 they're equally same difficulty i imagine...
but then 9000 trillions for a single person is categorically NO... how the hell would you even manage to get 900 million?? thats hard enough already..
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #230,080
  • Apr 23, 2010 7:06am Apr 23, 2010 7:06am
Quote
Regarding the Euro:
http://img227.imageshack.us/img227/1...npositions.gif

Uploaded with ImageShack.us

On the order book its becoming lean on the downside. I think this could be the time for a long back up to at least 3280's

S/L @ 3198
Long @ 3235
T/P @3282

Closed for Take profit amount of +47 pips.
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