- #242,142
- May 14, 2010 8:18am May 14, 2010 8:18am
- Joined Oct 2007 | Status: Counter Trend, but not always! | 2,147 Posts
Seems so , unstoppable train in action .
fontu
BTW I believe market is hitting the so called "The Prayers" level ... those who were long way above here and kept them open in the hope of a reversal but right now they are most probably praying not to get call margined at least.
Discipline + Patience - Fear - Greed = Success
An epic fail of the euro it's coming up, in a few months the euro is gonna disappear and all euro countries are gonna back to their old currencies... But don't care about it, we will have more currency pairs to trade ...
No, I'm from Spain, I have all my savings in euros and this is a tragedy.
...No, I'm from Spain, I have all my savings in euros and this is a tragedy.
- #242,145
- May 14, 2010 8:19am May 14, 2010 8:19am
- Joined Oct 2008 | Status: sideline is a position | 105,140 Posts
those who can, do. those who cant, talk about those who can
- #242,147
- May 14, 2010 8:20am May 14, 2010 8:20am
Yes this is not going anywhere but down.
BTW I believe market is hitting the so called "The Prayers" level ... those who were long way above here and kept them open in the hope of a reversal but right now they are most probably praying not to get call margined at least.
- #242,149
- May 14, 2010 8:24am May 14, 2010 8:24am
- Joined Oct 2007 | Status: Counter Trend, but not always! | 2,147 Posts
Discipline + Patience - Fear - Greed = Success
- #242,152
- May 14, 2010 8:26am May 14, 2010 8:26am
- Joined Oct 2007 | Status: Counter Trend, but not always! | 2,147 Posts
Discipline + Patience - Fear - Greed = Success
- #242,154
- May 14, 2010 8:28am May 14, 2010 8:28am
- Joined Jun 2009 | Status: A slave to the tape | 4,390 Posts
- #242,155
- May 14, 2010 8:29am May 14, 2010 8:29am
- | Joined Aug 2006 | Status: Trader | 1,355 Posts
An epic fail of the euro it's coming up, in a few months the euro is gonna disappear and all euro countries are gonna back to their old currencies... But don't care about it, we will have more currency pairs to trade
No, I'm from Spain, I have all my savings in euros and this is a tragedy.
The euro is still well above it's introduction price of 1.18, and far from it's all time low 0.8230 in 2000.
There's no risk of euro implosion imho, but it's clear we're in for a rough ride, but at least this is forcing our politicians to clean the budgets and stop the delirious debt pilling.
In a 3-5 years we'll be back full force, I have no doubts about that.
Why? Because Europe is still the N°1 world economic zone (import and export), by a good margin
Getting it right is NOT as important as not getting it wrong.
- #242,158
- May 14, 2010 8:33am May 14, 2010 8:33am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
Yes this is not going anywhere but down.
BTW I believe market is hitting the so called "The Prayers" level ... those who were long way above here and kept them open in the hope of a reversal but right now they are most probably praying not to get call margined at least.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #242,160
- May 14, 2010 8:35am May 14, 2010 8:35am
- Joined Oct 2008 | Status: sideline is a position | 105,140 Posts
those who can, do. those who cant, talk about those who can