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  • #240,281
  • May 11, 2010 7:05am May 11, 2010 7:05am
Quoting qwertymyfx

WTF IS HAPPENING?
Bear trap.. Sarkozy going to hit the bear over the head with a baseball bat

any time now..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #240,282
  • May 11, 2010 7:06am May 11, 2010 7:06am
Quoting qwertymyfx
man, wasn't this package supposed to SAVE the Euro?

WTF IS HAPPENING?
Are you long the Euro ? On what pair ?

Does anybody know how low the euro could go today ? I have a short and, well... Politicians are scaring me...
  • #240,283
  • May 11, 2010 7:09am May 11, 2010 7:09am
i was long, but got out.

PIECE OF SHIT.
  • #240,284
  • May 11, 2010 7:11am May 11, 2010 7:11am
Quoting qwertymyfx
i was long, but got out.

PIECE OF SHIT.
Profit or loss ?

Are you going to reverse the trade, recoup your losses and end the day on a cheerful note ? That's what I did with my failed EURJPY long.
  • #240,285
  • May 11, 2010 7:11am May 11, 2010 7:11am
Quoting qwertymyfx
i was long, but got out.

PIECE OF SHIT.

longs only for scalping 4-5 pips..
  • #240,286
  • May 11, 2010 7:12am May 11, 2010 7:12am
Quoting SkyzerFX
Bear trap.. Sarkozy going to hit the bear over the head with a baseball bat

any time now..
hi sky good to see you back.
Hope we get a decent retrace so far franky and the pomies didnt manage to get her up properly .
Trade on your own risk Plan your trade&trade your plan dont be a
  • #240,287
  • May 11, 2010 7:12am May 11, 2010 7:12am
Quoting qwertymyfx
man, wasn't this package supposed to SAVE the Euro?

WTF IS HAPPENING?
No the package was to save the markets, not the Euro.
I operate with clear definite rules, if I break them I lose BIG!
  • #240,288
  • May 11, 2010 7:13am May 11, 2010 7:13am
Quoting hyperion1980
out of forex question for americans.

Why are you linking a health care system with socialism? I live in Belgium and we have a very good health care system. If you as an american have an accident in Belgium, you don't have to pay anything. I think this has nothing to do with socialism, in fact I am also against socialism, but I love our health care system. If someone is very ill in belgium ,the don't have to pay for the medicine. It is all free and we pay a little (10€) per month for it. But we have big advantages, all the money doesn't go to the...

Been watching the forum for the past few weeks, I haven’t signed up cuz I didn’t think I could give you more experienced trades any kind of input

BUT after the question/comment of hyperion1980 I had to answer it, but it obviously has nothing to do with forex.

Most socialist countries do have good health care systems, true. I too live in Belgium, but I really don’t know where you get as little as 10 euro a month. A average salary in Belgium is taxed 40-50% (income tax and social insurance) After that the social CHOOSES what to cover you for/what u signed up for. E.g. my girlfriend had breast cancer 3 years ago, and got nothing back from the social; she is Belgian and worked 15 years. Lucky I had my PERSONAL insurance to cover it.

Personally I can understand why not everyone in the US wants a system you pay in to without being sure to get back what a private insurer guarantees you.

I would send this as a PM, but ofc I just signed up and cant.

Thanks for all the input you guys put on the forum, it does help a newbie like me learn and see things more hands on as that works more for me!

Kaj
  • #240,289
  • May 11, 2010 7:14am May 11, 2010 7:14am
currently holdong 360 pips short, i'm hoping we test the 1.2500 area again.....
if i used every commercial EA i would be a brazilianare by next week!!!!
  • #240,290
  • May 11, 2010 7:15am May 11, 2010 7:15am
Quoting SkyzerFX
Bear trap.. Sarkozy going to hit the bear over the head with a baseball bat

any time now..
Maybe a nerf bat. Sarkozy's all talk no action....doesn't have the juice.
  • #240,291
  • May 11, 2010 7:16am May 11, 2010 7:16am
Quoting SkyzerFX
Spot Gold just hit New 2010 record

Keep printing..
Trend trading

Counter trend trading
Prices oscillate, trends persist. Trend is your friend.
  • #240,292
  • May 11, 2010 7:16am May 11, 2010 7:16am
Quoting mercy seat
Thank you for your No. 2 and this useful table with option levels from MNI there.

Tja - they have lowered their estimation now - I see.

Überhaupt - not easy to trade - after we have seen such more than 300 Pips ranges in the last few days. Now it seems a bit - die Ruhe vor dem Sturm - we are in the eye of a cyclone here as it seems...




bibib
ja sieht wohl so aus aber auch gut da kann man besser traden. Wenn es so schnell hoch und runter geht ist es viel schwieriger, auf jedenfall für mich.

I have the feeling that we might not get the death stab today maybe tomorrow, as long as the SNB and others buy € we should stay above 2600.
Trade on your own risk Plan your trade&trade your plan dont be a
  • #240,293
  • May 11, 2010 7:17am May 11, 2010 7:17am
Hi! What do you think about this possible trade Sell 1.2803 S/L 1.2860 T/P 1.2575? Does it make any sense?
Attached Image (click to enlarge)
Click to Enlarge Name: PossibleTrade.jpg Size: 283 KB
  • #240,294
  • May 11, 2010 7:19am May 11, 2010 7:19am
Quoting SkyzerFX
Spot Gold just hit New 2010 record

Keep printing..
she need another 10 then she is ripe for a good safe counter trend short.
hahahha never thought I would put those words in one sentence hahahhaa.
Trade on your own risk Plan your trade&trade your plan dont be a
  • #240,295
  • May 11, 2010 7:20am May 11, 2010 7:20am
Quoting Tom81
Hi! What do you think about this possible trade Sell 1.2803 S/L 1.2860 T/P 1.2575? Does it make any sense?
I like it a lot and am waiting for a similar setup.
Trade on your own risk Plan your trade&trade your plan dont be a
  • #240,296
  • Edited 7:23am May 11, 2010 7:20am | Edited 7:23am
Quoting Icannaesee
No the package was to save the markets, not the Euro.
Really? I thought they said they would defend the euro.

Anyway, I'm not a fundamentalist but I can give my take for people who are wondering. Greece was forced to make 30 billion in budget cuts to accept the bailout. The budget cuts apparently will cause a more severe recession. This will make it more difficult for Greece to pay the 5% interest on the loans.

Instead of allowing Greece to default on their debt or simply give them money with no interest or having them exit the euro, they decided they'll trhow money at the problem without really changing anything.

I also believe this is a battle between the Keynesians who believe in government intervention and the people who believe in laissez-faire economics who work for hedge funds, banks etc. I think they don't agree with the decisions of the politicians so they are fading their moves.

So, it looks as though the financial institutions are going to force the hand of the Eurozone to do something about Greece and company.
  • #240,297
  • May 11, 2010 7:21am May 11, 2010 7:21am
If what happens now becaus of Greece, what will be the future hold if Spain, Ireland, Italy, Portugal etc does a Greece?
Great Bodies are Engineered not Born
  • #240,298
  • May 11, 2010 7:26am May 11, 2010 7:26am
Quoting RichLadyFX
If what happens now becaus of Greece, what will be the future hold if Spain, Ireland, Italy, Portugal etc does a Greece?
this is what keeps me up at night.. I am from Spain and I have no idea on where to put my money now
  • #240,299
  • May 11, 2010 7:26am May 11, 2010 7:26am
Quoting jsspmk
Trend trading

Counter trend trading
Simple but efficient!

I'm short EU @ 2709 SL 2809 TP 2600
  • #240,300
  • May 11, 2010 7:27am May 11, 2010 7:27am
Need some more firepower no matter which side because its too even match now, even scalps are not really good.
They think they are smarter than I am.
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