EURUSD

hmmmmm just got my answer

Double bottom may or not work & bear continuation to 1.2670 possible . anyway still longs in play for some pips & may to accumulate if 1.2670 next halt.
After all go for every pips should always very bad in forex , Since morning today 6 successfull acculation worked and if to loose 1 in every 4 mini then next 2 set to loose only whatever method & precautions I take.just doing with care , thats all.
fontu

Long EU @ 2687! closed for 200 pips short from 2900!

No problem but i would need to tell u the rules....there are some rules which u need to respect..entry points...divergences...etc... I will upload it with a full template and l8r i will post the rules....

Just curious, What could EU do to turn this thing around?...I think they are realizing the "announcements" are worn out, intervention/manipulation is too costly, and IMF may not be an easy sell.

Well its a system and a good system, many indicators are customized to suit the rules of trading Going home now and i will upload the system
in an hour i think...

i can just pull out the ones i dont want..thanks..

Good luck... but that could be a stretch. Longs need to take quick profit if any at this time imo

That's what I actually agree on. No Debt will be paid out,
but instead Inflated away (Just Fiat related )

====================

"Inflation continues to surge higher even in countries that supposedly should be experiencing Deflation according to the bankrupt ideology
of academic economic theorists that populate the mainstream press, financial institutions and large areas of the BlogosFear.
Market interest rates are following inflation higher, the markets will soon force the official short interest rates higher too.
Higher interest rates will mean WIDENING of budget deficits as debt interest payments on accrued debt Increases which will
be met by more money printing, falling fiat currencies all of which will continue to feed the inflationary mega-trend not just for this year,
or next year, but for a decade as there is no way that ANY DEBT will be actually paid down for the next 10 YEARS! Instead it will be INFLATED AWAY.

So I repeat my warning of November 2009 (18 Nov 2009 - Deflationists Are WRONG, Prepare for the INFLATION Mega-Trend )

The warning of November 2008 of the worst case scenario of Hyperinflation has not only NOT diminished over the past 12 months,
but it has been greatly reinforced, where 2010 looks set to the year of INFLATION NOT DEFLATION and 2011 may be Far worse as the
Deflationists lose every penny they own and hold in Government Bonds that they so vocally now profess to pile into!

After the deflationary correction of 2008 we are about to witness the INFLATIONARY MEGA-TREND of the NEXT DECADE! the consequences of which are many.

Little has changed, instead of recognising the flaws in the deflationary argument, deflationists are delusionally playing around with
what actually constitutes Inflation, no not the Inflation Data such as CPI that 99.99% of the people on the planet recognise as a measure
of inflation of general prices in an economy but obscure credit statistics that supports the theory of deflation whilst in the real world
inflation rages, destroying the value of hard earned wealth.

Many governments have already abandoned inflation targeting in all but name, Look at the UK, CPI is at 3.4%, RPI is at 4.4%, the Bank of
England comes out with its regular monthly nonsense that the inflationary surge is temporary, despite the fact that inflation continues to
rise the following month. Its not the Bank of England's fault, for it is not in the MPC's nature to admit that they are incompetent at targeting
UK Inflation at ANY level let alone at 2%. If anything the UK and many other economies are heading for an inflation shock THIS YEAR that will make
today's 3.4% CPI rate look LOW.

Protect your wealth from the inflationary mega-trend that has boosted asset and commodity prices in most cases by more than 50% during the past 12
months whilst most still question the existence of the inflationary mega-trend and ramble on about NON Existant Deflation (CPI is at +3.4% NOT -3.4%).

As was the case in March 2009 (15 Mar 2009 - Stealth Bull Market Follows Stocks Bear Market Bottom at Dow 6,470 ), once the academic's and talking
head pundits wake up to the INFLATION MEGA-TREND in the real world, it is by then always already too late to act as the markets
will have long since MOVED!"
=========================

My broker honored a limit order I cancelled at 1.2690 lol - Turned out not to be so bad because I have been able to re-enter the short 15 pips higher. @ 1.2705

Checked too late my cog indicator on a week seems 2008/07/13 = 2010/04/11http://i002.radikal.ru/1005/11/e55a0cab18b7.gif

why would they want to?

hey man save tarantulas that templet for me. till i get my meta back thanks

Yes people lose because they go against predominant trends. On top of that they don't know when to re-enter a trend, don't know where to place stops & when to take profits, overlevetage, fall in love with positions, trade noisy charts, undercapitalized. That's about it. Oh yeah one more - trade based on hope & not facts.

bouncing on the long timeframe trendline... might be a rebounce from here?

np

Sky,

The dow is not going to rally today my friend

We'll see, hehe.

I can't believe people are STILL talking about going long

Sorry not participated much in the conversation.

Calling it a day for today and closed my position at 1.2696. (Just noticed the bounce up after starting to write this :o, looks like I timed it just right lol)