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  • #234,421
  • May 2, 2010 2:39pm May 2, 2010 2:39pm
Quoting malcolmb14
this is how my technique works on higher time frames

and i do not read news ... thought something was brewing due to volumes.

http://www.forexfactory.com/showpost...stcount=233994
I need to get deeper into VSA, give me time malcolm!
  • #234,422
  • May 2, 2010 2:41pm May 2, 2010 2:41pm
Quoting The Fool
http://news.yahoo.com/s/afp/20100502...financeeconomy

"Under the three-year deal, worth 146 billion dollars, Greece's 15 eurozone partners will provide 80 billion euros while 30 billion euros would come from the International Monetary Fund, a diplomatic source said."

ok, 30 Billion from the IMF, 17% of that from the USA is 5.1 Billion. Now since I am one of the ~50,000,000 US citizens who actually pay some tax, that means Greece owes me $102. Ima want that back, with interest. I will not take olives or furburger either....
  • #234,423
  • May 2, 2010 2:45pm May 2, 2010 2:45pm
Quoting malcolmb14
yes i said something was up last week and major news coming on weekend.

I do not even look at news , but each dip was being bought

1.3450 is my target for now then take it from there
1.35-1.36 is even possible on my chart... one step at a time
  • #234,424
  • May 2, 2010 2:47pm May 2, 2010 2:47pm
Quoting bguguen
oh sooo this time FXstreet rates got totally thrown off?? cuz fxstree live rats at 1.3340..

eu is 1.3344 right now
gu 1.5329

esignal 200 source feed online already

gap may fill .... as there will be gaps on most trading platforms ... who knows.

I am bull to 1.3450 to 1.3500 and take it from there
Blogging daily now at www.volume.zone
  • #234,425
  • May 2, 2010 2:52pm May 2, 2010 2:52pm
Quoting malcolmb14
eu is 1.3344 right now
gu 1.5329

esignal 200 source feed online already

gap may fill .... as there will be gaps on most trading platforms ... who knows.

I am bull to 1.3450 to 1.3500 and take it from there
Hi bro
Nice to be on same line
http://www.forexfactory.com/showpost...stcount=234282
  • #234,426
  • May 2, 2010 2:59pm May 2, 2010 2:59pm
Quoting malcolmb14
In Vancouver average Joe is buying house that are 650 to 900 k ... on 4000 sqft lots...so there is only 200 to 250 k value in the land. I can build a house for 140 per sqft , so a 2500 sqft house on a 4000 sqft lot should be only be 500k MAX.
Also fair to say that Average Joe making sh*t and by income definition

should be available on buy 100k house, instead buying $500k. In normal

terms person should have like 200-300k/year Job, to afford such house

in the first place.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #234,427
  • May 2, 2010 3:04pm May 2, 2010 3:04pm
Good afternoon, here is the news strategy for pre-trade for tonight.....
Attached Image
  • #234,428
  • May 2, 2010 3:04pm May 2, 2010 3:04pm
Quoting mercy seat
Market opened its EUR-USD rates with 1.3299 - 1.3304

My kind of view - setup - range with upside move we prefer. Levels to watch - 1.3285 / 66 and 1.3356 - 1.3376 at first.

Elliott projection up to 1.3394 and / or 1.3415 from 1.3115 on a daily basis
Elliott projection down to 1.3186 from 1.3692 on a weekly basis


http://cdn.forexfactory.com/images/attach/gif.gif 2010-04-30_NostroTrackTracer_EURUSD_001.gif (27.3 KB)


Move direction : estimation - first up then down

Downside canceled if crossed above 1.3415 on clôture basis

Key-level : 1.3361

Break-point : 1.3405

Neutralized until below 1.3415 (clôture)

Bearish TL below 1.3249


Mehr gibt es hier nicht - Mäckie Messer
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-04-30_NostroTrackTracer_EURUSD_001.gif Size: 27 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #234,429
  • May 2, 2010 3:09pm May 2, 2010 3:09pm
Market opened at 1.3299 - 1.3304 - yes but Highest was at around 3348 (!) until now - exactly.


Ja doch - ja ja ja


klim bim
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #234,430
  • May 2, 2010 3:18pm May 2, 2010 3:18pm
Good evening all
The best thing that can happen to you is to find out where you're wrong.
  • #234,431
  • May 2, 2010 3:23pm May 2, 2010 3:23pm
...at least in the long run, the euro has to continue to come down against the USD at least until the US starts bailing out bankrupt states - then the Euro should swing back up. All we have here is an acceleration of competitive devaluation of fiat currencies.
  • #234,432
  • May 2, 2010 3:42pm May 2, 2010 3:42pm
Well, Im gonna go to sleep and wake up before london.. there's no big gap and also it's bank holiday in Japan, don't think that anything happens..

Hoping for short at 1.3400 but this level may not be reached, cause it's last significant high, and if reached then not even Elliot knows what happens next lol
  • #234,433
  • May 2, 2010 3:46pm May 2, 2010 3:46pm
Quoting Predi
Well, Im gonna go to sleep and wake up before london.. there's no big gap and also it's bank holiday in Japan, don't think that anything happens..

Hoping for short at 1.3400 but this level may not be reached, cause it's last significant high, and if reached then not even Elliot knows what happens next lol
Its a UK bank holiday also, so the market should be dead.
  • #234,434
  • May 2, 2010 3:54pm May 2, 2010 3:54pm
Euro Strengthening Early In NZ After Greece Aid Package, Last US$1.3347


(END) Dow Jones Newswires
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #234,435
  • May 2, 2010 3:55pm May 2, 2010 3:55pm
EURUSD south
In Charts We Trust!
  • #234,436
  • May 2, 2010 3:58pm May 2, 2010 3:58pm
bulls lost the eurozone south coast and bears are preparing to go north...............maybe france[normand] is next?
  • #234,437
  • May 2, 2010 3:59pm May 2, 2010 3:59pm
EUR/USD To Grind Up, Mkts Digesting Greece Aid Deal


2055 GMT [Dow Jones] EUR/USD likely to grind higher on day as markets digest aid package for debt-laden Greece, with initial resistance around 1.3410, says Bank of NZ strategist Mike Jones. Pair last 1.3344. On downside, tips support to hold at 1.3280. Says pair "in a bit of a twilight zone at the moment as people digest details of the package." Also, important to note package not fully confirmed yet; "there are still a few hoops to jump through in terms of European agreement." While looking likely, could be a "sideways chop" until confirmation, more detail.

([email protected])



bib bib
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #234,438
  • May 2, 2010 4:07pm May 2, 2010 4:07pm
I tempted to sell this mad gap
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Founder of Sutherland Wave Principle
  • #234,439
  • May 2, 2010 4:08pm May 2, 2010 4:08pm
Quoting uraceulose
I'll be the one guy to hang on to a short..

Have a good weekend everyone! I'll b around as usual to bs and post some charts later tonight or tomorrow.

Donnie
You still holding on?
  • #234,440
  • May 2, 2010 4:08pm May 2, 2010 4:08pm
"The most powerful force in the Universe is compound interest" Albert Einstein

I find it very relevant to the situation.

Just what is going on here? A month ago the various players were quibbling about the willingness or even ability to come up with $30 billion for Greece. Suddenly they announce that they will in combination deliver $145 billion for the payment of the Greek obligations????

This raises many interesting questions.
1) Where is this money coming from? One must assume the ink is still wet.
2)Where is it going to? Who bought up devalued Greek debt at a discount?
3)How is such a large bailout justified? My information placed the total Greek debt at $400-$450 billion.
4)Will ordinary Greeks be allowed to emmigrate to other countries? Or will they be confined as perpetual slaves for the duration. Unless astroids suddenly rain gold on the country, this new debt even at low rates will never be repaid.
5)How much were Moodys and S&P paid to deliver the latest and totally unnesesary debt downgrade?
The list goes on...my fingers and your interest weaken. How far can they stretch the credulity of the markets?
Ah Luv the smell of a good prediction in the mornin!
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