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  • #230,481
  • Apr 23, 2010 4:23pm Apr 23, 2010 4:23pm
Quoting gatorinla
1. yes
2.#2323

its pc drawn shi channel on the weekly.
Nice, thanks Gator. Have a good weekend everyone. I'll be around as usual to discuss/BS lol

Donnie
  • #230,482
  • Apr 23, 2010 4:24pm Apr 23, 2010 4:24pm
Quoting mokonni
I doubt portugal nor greece are able to brew a good beer

but the brazilian girls..... I have to talk with Angela...

Have a nice weekend all

Hey man, congrats! You are now the FF's top poster! Cesnarc has to pass the torch lol
  • #230,483
  • Apr 23, 2010 4:32pm Apr 23, 2010 4:32pm
Nice to see more Portuguese people around here.

Anyway, crazy week in the market. I feel the next week will be a down week in the world markets. Just a feeling. Greece will need more money in the future.
  • #230,484
  • Apr 23, 2010 4:43pm Apr 23, 2010 4:43pm
Quoting Tradertuga
Nice to see more Portuguese people around here.

Anyway, crazy week in the market. I feel the next week will be a down week in the world markets. Just a feeling. Greece will need more money in the future.
Great week for me especially UC today
  • #230,485
  • Apr 23, 2010 4:43pm Apr 23, 2010 4:43pm
  •  MarkH
  • | Joined Oct 2009 | Status: "Show Me The Money" - Jerry McGuire | 222 Posts
Quoting Kramerica
We just made new yearly lows.. There is a "sloppy" inverted H&S (on the hourly) that is hardly pronounce and you are calling a return to the 1.40's ?..

This is not meant as an insult, but wow... That's a terrible analysis.. It is obviously biased as well...
No problem Kramer...it's just my opinion. And I'm happy with my earnings.
  • #230,486
  • Apr 23, 2010 4:46pm Apr 23, 2010 4:46pm
  •  MarkH
  • | Joined Oct 2009 | Status: "Show Me The Money" - Jerry McGuire | 222 Posts
I'm seeing the same thing too. Yes, 1.40's might be a bit optimistic, but, non the less, I think we've turned a corner for higher.

Have a great weekend!

Quoting ak4x
Line chart confirms the inverted shampoo formation for now, and... If PA confirms that... NEXT WEEK, then Game On to Somewhere, but the 1.40's may be optimistic at this point. I don't put much confidence in Friday PA tho in a "normal" week and certainly not in a week like this one.

And... as you can see, I'm currently SHORT at 3370. Please don't call me names tho, I'm sensitive that way.

Red circle shows the speedbump it has to Beak and Clear above.

30m chart
Attachment
  • #230,487
  • Apr 23, 2010 4:51pm Apr 23, 2010 4:51pm
  •  MarkH
  • | Joined Oct 2009 | Status: "Show Me The Money" - Jerry McGuire | 222 Posts
Thanks for sharing this article Mr. Hatch...

Quoting Mr Hatch
Hi guys, right before the weekend...

I just found this interesting analysis of recent PA in FF news section. Give it a look and discuss.

http://www.tradesight.com/blog/?p=94
  • #230,488
  • Apr 23, 2010 4:51pm Apr 23, 2010 4:51pm
Quoting Tradertuga
Nice to see more Portuguese people around here.

Anyway, crazy week in the market. I feel the next week will be a down week in the world markets. Just a feeling. Greece will need more money in the future.
So true your last sentence, take a look here http://dlvr.it/btTS
  • #230,489
  • Edited 7:01pm Apr 23, 2010 4:52pm | Edited 7:01pm
Quoting Tradertuga
Just a feeling. Greece will need more money in the future.
And I guess USA don't need any and Printers at Fed Reserve currently stopped,

right?

Common now.. How's 20-30-60-100 billion compare to Trillions looks like?

Probably Ben himself activate that Greece campaign to turn attention

away from the real sucker.. Yeah baby, here in Washington DC we forgot

what Billions means long time ago, - those numbers are for poor Greek

cheese producers,

we are manipulating by Trillions around here on daily basis..

Austrian born hero (California GOV), Arnold Schwarzenegger might ask for few in couple of

month, no Problem, - "Terminator" will get it, in no time without any delays..

Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #230,490
  • Apr 23, 2010 5:06pm Apr 23, 2010 5:06pm
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.jpg Size: 182 KB


Zig-zag correction pattern? A perfect entry..
  • #230,491
  • Apr 23, 2010 5:53pm Apr 23, 2010 5:53pm
Quoting SkyzerFX
And I guess USA don't need any and Printers at Fed Reserve currently stopped,

right?

Common now.. How's 20-30-60-100 billion compare to Trillions looks like?

Probably Ben himself activate that Greece campaign to turn attention

away from the real sucker.. Yeah baby, here in Washington DC we forgot

what Billions means long time ago, - those numbers are for poor Greek

cheese producers,

we are manipulating by Trillions around here on daily basis..

Austrian Bud (California GOV), Arnold Schwarzenegger might ask for few in couple of...
You are right SKYZer.. but it doesn't matter.. We drop bombs on people that threaten our ability to manipulate by the trillions.. I don't say that with pride.. actually it's with shame.. it's too bad my country is able to do that, it's only hurting the American people in the long term..

You may see your wish come true.. Lots of auctions in the next couple weeks (I think) over 100 billion.. We could really start seeing the bond market go a little kookie.. If not.. I would guess the FED is secretly buying all the treasuries and getting away with it..
  • #230,492
  • Apr 23, 2010 6:39pm Apr 23, 2010 6:39pm
Quoting Atlast
Give it 4 hours. Hopefully we both take good profit.
I couldn't stay awake for the whole session, but I set my TP to R2 before sleep. It made R2 and gave a nice little earn, and leaves all trades closed for the weekend......it doesn't get much better than that!

I guess now we can speculate on the......GAP.......
Doing what you like is Freedom. Liking what you do is Happiness.
  • #230,493
  • Apr 23, 2010 6:50pm Apr 23, 2010 6:50pm
Quoting Tradertuga
Nice to see more Portuguese people around here.

Anyway, crazy week in the market. I feel the next week will be a down week in the world markets. Just a feeling. Greece will need more money in the future.
Língua de Camões aqui presente? -> Translating: Camões Language in here (the biggest name of Portuguese Literature) +1 Tuga
"Those who fail to prepare, are preparing to fail."
  • #230,494
  • Apr 23, 2010 7:39pm Apr 23, 2010 7:39pm
Today was a classic example of how news isn't so much a driving factor of price so much as past price influence (us house data good EURO soars). I think we will see some more upside Monday before we head down to new lows. In fact I would bet 1 pip that after Mondays high, we be down the whole rest of the week. I'll be looking to short every rally this week Unless something big happens in the bull department. I loading my live account this week
Founder of Sutherland Wave Principle
  • #230,495
  • Apr 23, 2010 7:40pm Apr 23, 2010 7:40pm
Quoting SkyzerFX
And I guess USA don't need any and Printers at Fed Reserve currently stopped,

right?

Common now.. How's 20-30-60-100 billion compare to Trillions looks like?

Probably Ben himself activate that Greece campaign to turn attention

away from the real sucker.. Yeah baby, here in Washington DC we forgot

what Billions means long time ago, - those numbers are for poor Greek

cheese producers,

we are manipulating by Trillions around here on daily basis..

Austrian born hero (California GOV), Arnold Schwarzenegger might ask for few in couple...
Did you say this same thing back in 1995? When the Euro fell to it's weekest, and the U.S economy was booming?
All that is left in FF is just plain garbage. "Cloggie"
  • #230,496
  • Edited Apr 24, 2010 10:17am Apr 23, 2010 8:25pm | Edited Apr 24, 2010 10:17am
Left arm I think price will have dipped to .3349 after close today Think that's my BE out the window (oanda quoting .3380 right now)
Attached Image
Founder of Sutherland Wave Principle
  • #230,497
  • Apr 23, 2010 8:53pm Apr 23, 2010 8:53pm
Quoting Mr Hatch
Hi guys, right before the weekend...

I just found this interesting analysis of recent PA in FF news section. Give it a look and discuss.

http://www.tradesight.com/blog/?p=94

There is good chance we will get a rally off the 32 double bottom, simply on short covering and then margin calls as we move into the 34-35 range, however we are well into a competitive devaluation between the USD and EURO. The Greek tragedy has been weighing on the euro while US employment and earnings improve so the play has been quite simple - sell euros, buy USD (short eur/usd).

For now - we will see brief short covering rallies - I expect next week to see 34's. Interestingly, the euro price of gold continues to hit new highs demonstrating the lack of faith in the euro. Euro probably hits the '08 lows in the 25 -26 range before rebounding into the 50% retracement level of 35 (prev support / now resistance).

The key to a sustained turnaround in the EUR/USD is a reversal of the current sentiment; If US employment starts to falter (as I think it will in June/July), and if the EU and IMF can pull it together to strengthen the common currency then the USD will become the whipping boy for a few months.

We could be into a long term (10 yr) trading range of 1.25-1.55 as the debt issues of the US and EUROPE are dealt with concurrently. The range may be tradable on a weekly basis, but the XAU will be the consistent winner I believe. Gold will serve as a safehaven in an era of inflation and instability.

I will go short the euro around 3450 next week and cover on the next move into the 29-30 range. I expect XAU to move to 1200 within a couple weeks on that same euro plunge. Let's see what happens :-)
  • #230,498
  • Edited 10:41pm Apr 23, 2010 10:07pm | Edited 10:41pm
Quoting tonyo524
Did you say this same thing back in 1995? When the Euro fell to it's weekest,
Huh?

1995....? Euro...? Fell...? From where?

Legacy currencies might be what you're talking about but the exchange rate for the thing wasn't even fixed until Jan 1, 1999. Even then for the next three years it was still only an accounting instrument used by CB's and other institutions in electronic transactions.

Before that it was more of an evolving concept moving thru 3 stages (ERM 1-3) and certainly not a market "tradeable" currency that could rise or fall from anywhere... Joe the plumber didn't even get one to put in his pocket till 3 yrs later on Jan 1 2002.
FUBAR...
  • #230,499
  • Apr 24, 2010 1:07am Apr 24, 2010 1:07am
Hi all,
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd h4.gif Size: 21 KB
  • #230,500
  • Apr 24, 2010 1:53am Apr 24, 2010 1:53am
Quoting Pham
Hi all,
Hi.....
Attached Image (click to enlarge)
Click to Enlarge Name: month.jpg Size: 120 KB
Doing what you like is Freedom. Liking what you do is Happiness.
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