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EURUSD

  • #238,921
  • May 9, 2010 1:15pm May 9, 2010 1:15pm
XE.com is reporting EUR/USD at 1.2817
  • #238,922
  • May 9, 2010 1:21pm May 9, 2010 1:21pm
Quoting Kramerica
XE.com is reporting EUR/USD at 1.2817
Well, this might cause problems, if they make it to 1.29, then it will have a chance to rise more, because interventions are never just for 15 mins, look for last Swiss and Japan interventions, everyone who bought after 1st wave has been slaughtered in a second wave

and biatch is rising : 1.28323 by xe.com
  • #238,923
  • May 9, 2010 1:22pm May 9, 2010 1:22pm
Oanda EU being bid at 12810...oops make it 12820 as I type...seems like kiwies puming itup

60 pip spike up
Its all in the mind.
  • #238,924
  • May 9, 2010 1:23pm May 9, 2010 1:23pm
okay 12825 now...keeps getting better

Quoting 5abi
Oanda EU being bid at 12810...oops make it 12820 as I type...seems like kiwies puming itup

60 pip spike up
Its all in the mind.
  • #238,925
  • May 9, 2010 1:24pm May 9, 2010 1:24pm
Quoting PipLand
They must be close to sorting something out now rate is starting to move!
Uh, what do you mean it's starting to move? Isn't Forex trading starting about 3 hours? Where are you seeing quotes?

From a political point of view, I think it would have been difficult to allow Greece to default on their debt. But I'm actually wondering whether Germany may have forced the 5% interest on the bailout and the 30 billion in budget cuts to end up having what they want, to see Greece default. I mean this is a backdoor way of doing it.

Anyway, it's surprsing to read on Bloomberg that the governments in North America and Asia are pressuring the EU to do something to calm the markets. Why don't they just allow Greece to default? They're going to waste billions trying to fight hedge funds, banks and other financial institutions who can see that they're trying to put a band aid on the problem. Someone wake me up. This is a freakin' nightmare. I can't believe I'm seeing politicians behave as though the reality is not there, that they're going to try to push the problem under a rug by throwing money at the problem. What, they're going to support all the stock markets, bonds in Europe and the euro at the same time?

By the way, if you want to hear something really random, I had a dream yesterday that the euro had a huge gap down and dove for a while before I started seeing a green candlestick. I don't know why but when I started seeing a green candlestick in my dream I woke up almost panicking wondering what I should do. lol
  • #238,926
  • May 9, 2010 1:25pm May 9, 2010 1:25pm
wow 2840, those puts i sold are looking safer
  • #238,927
  • May 9, 2010 1:28pm May 9, 2010 1:28pm
lol nice gap opening 1.2863
  • #238,928
  • May 9, 2010 1:33pm May 9, 2010 1:33pm
Owww why so stupid Europe oh why...

Im going to short that thing when my platform opens 1 hour later than other ones =.= think i need to change broker...

You know It's looking like much bigger gap than the BIG one when the move down started from 1.3690 ?

But im little confused with that move from eurozone... i hoped for natural PA and then short, now it will get complicated because of stocks opening probably in plus and making little correction... commodities also should go up ... oh well and USD index will dive for sure into correction, too much rosen
  • #238,929
  • May 9, 2010 1:43pm May 9, 2010 1:43pm
Quoting Duce
"IMF approves 30 billion euro rescue loan for Greece"

That doesn't sound like much, does it?
That's 3,000 euros for each person in Greece, and it's only 35% of the total bailout package, which would pay off greece's public debt. That's a lot by anyone's standards, except USA, UK which needs trillions.
  • #238,930
  • May 9, 2010 1:49pm May 9, 2010 1:49pm
Quoting Xaron
I totally agree. BTW: 10% is the "official" unemployment rate, the real one is above 20%. I don't think the FED will hike this year, maybe by the end of 2011 if at all... The ECB will hike long before. I think that this is all well planned. The US needs a weak Dollar but they don't weaken it too fast. So this is a nice temporary Dollar strength till the next down wave comes. I mean the Dollar is in a down trend for more than 90 years now. Who thinks this changes right now especially with debts level at historical highs? Even the...
contrary to popular belief the worlds biggest consumer does not need to sell exports, at least as much as the sheep are lead to believe. a myth brought on by multinational company's and wallmart. then fed to supporting politicians now supporting them (cash donations). then fed to the American public (sheep). and now repeated as fact on shows being paid by the multinationals and banks such as bloomberg, fox or cnbc. all the biggest consumer has to do is consume from within. we spend hundreds of billions so we can export 10 of billions. not a good deal for the u.s. consumer. we spend trillions on military protecting our competition. and have for 60 years. once we get of our ass and the sheep realize we have fought 3 wars to protect a sand kingdom things will change. the real cost of the black stuff is red blood and green dollars. the Saudis prince regular bids on his own oil raising the price with phantom companies. companies who bid on oil that does not even exist. the king has no clothes.. look behind the curtain.

to blindly except what you see or hear is foolish. each time you find out its all bs.. its all about money... follow the money..
those who can, do. those who cant, talk about those who can
  • #238,931
  • May 9, 2010 1:57pm May 9, 2010 1:57pm
Quoting Kramerica
XE.com is reporting EUR/USD at 1.2817
heh, 1.2871 now (I think you read last to digits wrong)
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #238,932
  • May 9, 2010 2:01pm May 9, 2010 2:01pm
cheeezez what a battle right now, huge wolumes..huuuge
  • #238,933
  • May 9, 2010 2:02pm May 9, 2010 2:02pm
wow, very volatile right now. pre-market with oanda just went up to .2874 and then dumped to .2758 in within a few min time.
  • #238,934
  • May 9, 2010 2:02pm May 9, 2010 2:02pm
Quoting gatorinla
contrary to popular belief the worlds biggest consumer does not need to sell exports, at least as much as the sheep are lead to believe....
Word.
"Don't trade to trade . . . trade to win." - James16
  • #238,935
  • Edited 2:14pm May 9, 2010 2:02pm | Edited 2:14pm
Quoting gatorinla
the real cost of the black stuff is red blood and green dollars. the Saudis prince regular bids on his own oil raising the price with phantom companies. companies who bid on oil that does not even exist. the king has no clothes.. look behind the curtain.
The real cost of Black stuff will go over $200, real soon..

Unfortunately your patriotic approach not going to help you..

Last empire will fail, like all of them in the past..

NO money, no power.. Feds wish they can barrow forever and ever..

US better take care of their own backyard, instead of spending trillions on wars

for "democracy". Policeman of the World soon will have to get fired due to

funds cut off And "Biggest Consumer" which keep spending money they don't have will

soon have 0 Available credit on their Chinese VISA Credit Card as well. GAME OVER!
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #238,936
  • May 9, 2010 2:02pm May 9, 2010 2:02pm
Quoting skyzerfx
heh, 1.2871 now (i think you read last to digits wrong)

didnot i say this be4 . I smell some bears meat .
  • #238,937
  • May 9, 2010 2:04pm May 9, 2010 2:04pm
volume what volume? i see 20 odd contrtcs beingf traded on my esignal 15 min

Quoting ratman
cheeezez what a battle right now, huge wolumes..huuuge
Its all in the mind.
  • #238,938
  • May 9, 2010 2:04pm May 9, 2010 2:04pm
Quoting SkyzerFX
The real cost of Black stuff will go over $200 again, real soon..

Unfortunately your patriotic approach not going to help you..

Last empire will fail, like all of them in the pass.. It's over..

NO money, no power.. Feds wish they can barrow forever and ever..
grass hopper i have yet to show my hand.
Inserted Video
those who can, do. those who cant, talk about those who can
  • #238,939
  • May 9, 2010 2:06pm May 9, 2010 2:06pm
Quoting SkyzerFX
heh, 1.2871 now (I think you read last to digits wrong)
back to 2781.
phew..
  • #238,940
  • May 9, 2010 2:09pm May 9, 2010 2:09pm
I smell another crazy week. Need to load all systems full throttle. ACES HIGH!
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