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  • #243,941
  • May 18, 2010 2:47pm May 18, 2010 2:47pm
http://www.forexlive.com/107415/all/...arket-a-target
  • #243,942
  • May 18, 2010 2:50pm May 18, 2010 2:50pm
i got a simple response. hunt brothers.
those who can, do. those who cant, talk about those who can
  • #243,943
  • May 18, 2010 2:50pm May 18, 2010 2:50pm
Quoting Orbital
2626 is the first target for today, its still making its way to 1.22, i need to search all of my posts and find out where exactly i called 1.22
That was on may 6th...

Target1 Reached, rebound now and next low should be 1.16, lets see how much more bear power is left.

Before anybody asks, yes i havent been commenting or showing my graphs or posting much this week nor last week. The reason is simple, some people here mess severely with my head and my trading plan... also there are a lot of idiots unfortunately whose convictions of long positions were nothing short of complete and utter fanaticism.

So i've decided to trade in peace for a while and not bother all-too-much with commenting and showing my trading strat. Will resume doing so next week though
  • #243,944
  • May 18, 2010 2:51pm May 18, 2010 2:51pm
http://www.zerohedge.com/article/ger...t-hedge-fx-ris

The latest bombshell: German Finance Ministry now saying it will likely Ban EUR derivatives that don't hedge against FX risk. And good luck quantifying what FX risk is legally allowed to be hedged. Look for the EURUSD market not to plunge, but to simply shut down as a result of this. Europe is about to isolate itself from capital markets entirely.

Thoughts?
  • #243,945
  • May 18, 2010 2:53pm May 18, 2010 2:53pm
eu has the deck staked against it even before it existed. charts don't lie.. b.s. is just b.s.
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those who can, do. those who cant, talk about those who can
  • #243,946
  • May 18, 2010 2:54pm May 18, 2010 2:54pm
will we see another leg soon?
  • #243,947
  • May 18, 2010 2:55pm May 18, 2010 2:55pm
Quoting thelws
http://www.zerohedge.com/article/ger...t-hedge-fx-ris

The latest bombshell: German Finance Ministry now saying it will likely Ban EUR derivatives that don't hedge against FX risk. And good luck quantifying what FX risk is legally allowed to be hedged. Look for the EURUSD market not to plunge, but to simply shut down as a result of this. Europe is about to isolate itself from capital markets entirely.

Thoughts?
Lol, Germany can't control the FX markets.
  • #243,948
  • May 18, 2010 2:56pm May 18, 2010 2:56pm
Quoting uraceulose
How do I link chart or post from another thread on the forum into this one?

Also, how do you guys put more than one post in "quote" format when you reply?

Thanks
  • #243,949
  • May 18, 2010 2:57pm May 18, 2010 2:57pm
Quoting thelws
The latest bombshell: German Finance Ministry now saying it will likely Ban EUR derivatives that don't hedge against FX risk. And good luck quantifying what FX risk is legally allowed to be hedged. Look for the EURUSD market not to plunge, but to simply shut down as a result of this. Europe is about to isolate itself from capital markets entirely.
Thoughts?
As I said to save fiat, World-wide currency or Fixed exchange rates

coming after total DEBT cancellation (not tomorrow of course)

If they lose EUR, all other will go down as well, cause it's a one

creepy creature with the 6 heads and bad breath.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #243,950
  • May 18, 2010 2:58pm May 18, 2010 2:58pm
Quoting thelws
http://www.zerohedge.com/article/ger...t-hedge-fx-ris

The latest bombshell: German Finance Ministry now saying it will likely Ban EUR derivatives that don't hedge against FX risk. And good luck quantifying what FX risk is legally allowed to be hedged. Look for the EURUSD market not to plunge, but to simply shut down as a result of this. Europe is about to isolate itself from capital markets entirely.

Thoughts?
German firms will trade through London. Problem solved.
  • #243,951
  • May 18, 2010 2:59pm May 18, 2010 2:59pm
http://www.bloomberg.com/apps/news?p...CJY54XNU&pos=4

Another bailout? lol, the euro really could go to zero
  • #243,952
  • May 18, 2010 3:01pm May 18, 2010 3:01pm
Quoting uraceulose

SEE?

{quote=username; post# } TEST GOES HERE {/quote}

change "{" for "["

and

"}" for "]"

and copy and paste text in between, just simple HTML.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #243,953
  • May 18, 2010 3:02pm May 18, 2010 3:02pm
Quoting TudorJonesJR
commodities will always hold their value...
Yes but they will dip during the transition out of risk.. .. You are right though.. Long term.. any hard assets will be the way to go and should be a hold.. IMO
  • #243,954
  • May 18, 2010 3:04pm May 18, 2010 3:04pm
Quoting SkyzerFX
SEE?

{quote=username; post#} TEST GOES HERE {/quote}

change "{" for "[" and "}" for "]"

and copy and paste text in between, just simple HTML.
Thank you sir
  • #243,955
  • May 18, 2010 3:08pm May 18, 2010 3:08pm
Quoting gatorinla
charts don't lie.. b.s. is just b.s.
Never understood means of "Charts don't lie" BS

They don't lie when you look at them from right to left, in events

which already happens.. If they don't lie, tell me at what price EU

would trade at 7:30 EST tomorrow, so I can ether buy or sell 10 lots..

Forex is Random..

Click sell now and it will go up, or click buy and it will go down..

Try it sometimes, always work.. I have much more chances to win betting on Baseball games,

than Forex, I do that too
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #243,956
  • May 18, 2010 3:10pm May 18, 2010 3:10pm
Quote
Originally Posted by SkyzerFX
Click sell now and it will go up, or click buy and it will go down..

haha quite true...


Are any of you even touching this right now?
  • #243,957
  • May 18, 2010 3:11pm May 18, 2010 3:11pm
Like I said... hope for the best.. prepare for the worse

http://finance.yahoo.com/tech-ticker...4&asset=&ccode=
  • #243,958
  • May 18, 2010 3:12pm May 18, 2010 3:12pm
Quoting SkyzerFX
Never understood means of "Charts don't lie" BS

They don't lie when you look at them from right to left, in events

which already happens.. If they don't lie, tell me what price EU

would trade at 7:30 EST tomorrow, so I can ether buy or sell 10 lots..

Forex is Random..

Click sell now and it will go up, or click buy and it will go down..

Try it sometimes, always work..

The price thats there is the market....its never a "wrong" market price, more of a matter of fact. Kind of like a price where buyers and sellers agree or like an equlibrium. Fundamental catalysts can be skewed both positively and negatively, but whatever price the market makers decide based on these fundamental factors, price is always true...hence the charts dont lie.
  • #243,959
  • May 18, 2010 3:14pm May 18, 2010 3:14pm
Quoting SkyzerFX
Never understood means of "Charts don't lie" BS

They don't lie when you look at them from right to left, in events

which already happens.. If they don't lie tell me what price EU

would trade at 7:30 EST tomorrow, so I can ether buy or sell 10 lots..

Forex is Random..

Click sell now and it will go up, or click buy and it will go down..

Try it sometimes, always work..
yes and no, many times it works out, not always, but more than 7/10
No crystal ball. I read the cards.
  • #243,960
  • May 18, 2010 3:15pm May 18, 2010 3:15pm
Quoting uraceulose
http://www.bloomberg.com/apps/news?p...CJY54XNU&pos=4

Another bailout? lol, the euro really could go to zero
allow inflation? who would of think it... 10 trillion wont help.. if they do nothing they are phucked.. if they allow inflation they are phucked.. they reacted too late.. they raised in 2008 sealing the deed. as unemployment rose. not to mention they did it as china and s. korea took market share. .they gave away their economy and now they give sovereignty to banks. wrapped up in saving the country's bs.. banks get 100% on the dollar as the people are enslaved. banks made the bad loans let them eat them..

one size dont fit all. some some a few rubber bands to help secure things.
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