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  • #238,521
  • May 7, 2010 7:25am May 7, 2010 7:25am
Quoting ratman
don't tel me you belive that crap
Of course not.. When Feds need money, they get it..

600 points of the Dow went into their pockets..

And I don't blame them, cause they took it from Casino

style players, have to fix that budget deficit somehow..

Real Long term Investors doesn't pay attention on this type of crap.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #238,522
  • May 7, 2010 7:27am May 7, 2010 7:27am
Deutsche Bundesrat accepted help for Greece, as well as Spain and Portugal.
  • #238,523
  • May 7, 2010 7:28am May 7, 2010 7:28am
Hi I'm new here.. From my view I can see like shooting star at H4. If it is valid then we'll going down. Anyway NFP could change it. I do not trade the news.
  • #238,524
  • May 7, 2010 7:28am May 7, 2010 7:28am
German upper house (bundesrat) approves greece aid package
  • #238,525
  • May 7, 2010 7:29am May 7, 2010 7:29am
EURO-DOLLAR: Holds $1.2740 area in current trade ahead of the payrolls
report in the US, the euro seen only muted response to the expected
German passage of the Greek aid contribution. Semi-official name euro
sales seen a short while ago now said damped by other official name
buys, keeping the pair contained. Liquidity a concern, still some decent
volumes and still a sell on rallies, traders say, as eurozone problem
"hasn't gone away. Bids $1.2700/10, offers a big figure higher. Data
likely to be overshadowed by risk considerations, and stocks.

Provided by: Market News International
Trade on your own risk Plan your trade&trade your plan dont be a
  • #238,526
  • May 7, 2010 7:32am May 7, 2010 7:32am
not much of an effect right now but short seems to be again in the good side after good news in USA....
Trade on your own risk Plan your trade&trade your plan dont be a
  • #238,527
  • May 7, 2010 7:33am May 7, 2010 7:33am
Quoting Jhig
German upper house (bundesrat) approves greece aid package
Alright people no more show, back to 1.45

Lets hit Japanese next.. Their are overloaded with Debt and

YEN overvalued * 3

And US Unemployment 9.9% If Dollar rise more then Unemployment

will be 20%

But really Market will probably tank again..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #238,528
  • May 7, 2010 7:33am May 7, 2010 7:33am
Damn man , anyone got stop hunted by this move? I was very close to SL when it shot back up 64 pips in a minute. I set SL to 30 pips in profit and now I am enjoying the free ride. Edit: Got stopped for 30+ lol
  • #238,529
  • May 7, 2010 7:35am May 7, 2010 7:35am
EURO-DOLLAR: Saw chop to $1.2755 area in immediate react to the upbeat
payrolls report and as risk appetites sparked up but euro backtracks to
$1.2710 area now as the data seen dollar favorable and as rally sellers
emerge in the euro. Bids in the $1.2700/10 zone cushioning but traders
warn order books are very thin.

Provided by: Market News International
Trade on your own risk Plan your trade&trade your plan dont be a
  • #238,530
  • May 7, 2010 7:35am May 7, 2010 7:35am
During NFP the first move of eurusd is rarely the right one...take care
COT: The precious data ignored
  • #238,531
  • May 7, 2010 7:35am May 7, 2010 7:35am
Back , eu getting ready for the break & start down . In m15 price break 1.2714 & hold should do, have sell signal confirmed there .
In m30 sell set up perfection have occured & in m5 also sell signal confirmed . shorted.tp 1.2639/06.
wow my God , it ccured before the posting , so fast!!NFP doing this , ok.
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #238,532
  • May 7, 2010 7:36am May 7, 2010 7:36am
anyone still connected to forex.com?
" THE BRAIN IS LIKE A PARACHUTE ... WORKS BEST WHEN OPEN "
  • #238,533
  • May 7, 2010 7:36am May 7, 2010 7:36am
Quoting blunderbuss
Trading Error at Major Firm Blamed For Selloff

A human trading error at a major firm was the root cause of Thursday's sudden,
9 percent selloff in U.S. stocks, sources told CNBC.

[font=tahoma, new york, times, serif][color=#0000ff][color=#ff0000]Multiple sources said a trader entered the...

"we hit a wrong button, you(the public inverstor) have nothing to worry about, keep on buyin'!"

talk about some serious manipulation.....F****** joke!
  • #238,534
  • May 7, 2010 7:39am May 7, 2010 7:39am
Price action pretty erratic. I would have thought with such good news market would have fall to it's knees. But I understand 1.2600 is a major s/r level
  • #238,535
  • May 7, 2010 7:40am May 7, 2010 7:40am
Quoting ShowMeThePips
anyone still connected to forex.com?
yes - i'm fine
  • #238,536
  • May 7, 2010 7:40am May 7, 2010 7:40am
more up from here. those 2 other reports negated the nfp imho
Know when to hold em, Know when to fold em!
  • #238,537
  • May 7, 2010 7:41am May 7, 2010 7:41am
Quoting Jhig
Price action pretty erratic. I would have thought with such good news market would have fall to it's knees. But I understand 1.2600 is a major s/r level

The unemployment rate was not such good news. It is all noise cancellation
Know when to hold em, Know when to fold em!
  • #238,538
  • May 7, 2010 7:41am May 7, 2010 7:41am
EURO-DOLLAR: Seeing choppy two-way flow as it eases under $1.2700 after
German bank bids ahead of the figure support post-data. Pair trades to
$1.2690 with chatter suggesting some two-way sovereign flows. Bids eyed
$1.2670.

Provided by: Market News International
Trade on your own risk Plan your trade&trade your plan dont be a
  • #238,539
  • May 7, 2010 7:42am May 7, 2010 7:42am
I sell it.
Attached Image (click to enlarge)
Click to Enlarge Name: eu_3.gif Size: 16 KB
Follow the rules and be successful.
  • #238,540
  • May 7, 2010 7:43am May 7, 2010 7:43am
Quoting Trading Cat
EURO-DOLLAR: Seeing choppy two-way flow as it eases under $1.2700 after
German bank bids ahead of the figure support post-data. Pair trades to
$1.2690 with chatter suggesting some two-way sovereign flows. Bids eyed
$1.2670.

Provided by: Market News International

With others helping with Bailout, this will drive euro right back up probably just as fast as it came down.
Know when to hold em, Know when to fold em!
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