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  • #249,621
  • May 28, 2010 2:14pm May 28, 2010 2:14pm
Quoting SkyzerFX
You are lucky you still have fish around.. Mexican Bay filled with Oil

already..
i still got fish... hey stop looking at those baby tl.. the trend is up on usdx.

bb said hes was not gonna do many currency swaps.. he has pressure now.
he don't want the fed audited. he will be a little kitty.. funding Europe's banks don't make good press for bb..... euro may not crash fast but it will fall. it will be below stronger currencies like the aud..
those who can, do. those who cant, talk about those who can
  • #249,622
  • May 28, 2010 2:17pm May 28, 2010 2:17pm
Quoting SkyzerFX
You are lucky you still have fish around.. Mexican Bay filled with Oil

already..
That can't be compensated with paper money.

I didn't check but heared that there are 3000 platforms in the Gulf of Mexico....

Oil -we should never have burned that stuff

future generations will wish us to hell - and they are right
  • #249,623
  • May 28, 2010 2:22pm May 28, 2010 2:22pm
Quoting Al-Agha
T@rantula,

Hope you are doing well.

I am still interested in having the system you are using, any updates from your club members to allow me to? :-)

Cheers,
Give me ur email mate. I am doing well thank You
  • #249,624
  • May 28, 2010 2:22pm May 28, 2010 2:22pm
Quoting AmeriTrini
I can't understand where you saw I was bullish and how you came across it was for a week??

It says:

a signal of things to come?

do you see the question mark?

is English your first language?
English may or may not be my first language but politeness does not seem to be in your vocabulary, regardless of origin. It was an
enquiry and not meant to have been construed as an invitation for
an argument. If that is how you interpreted it, then it's clear to me
that we do not speak the same language.

http://www.forexfactory.com/showthre...40#post3759240
  • #249,625
  • May 28, 2010 2:26pm May 28, 2010 2:26pm
Quoting just fibbing
English may or may not be my first language but politeness does not seem to be in your vocabulary, regardless of origin. It was an
enquiry and not meant to have been construed as an invitation for
an argument. If that is how you interpreted it, then it's clear to me
that we do not speak the same language.

http://www.forexfactory.com/showthre...40#post3759240

that post was made when we were at 2390 and I was right, it was not over. It rallied to 2454, so what is your problem??
  • #249,626
  • May 28, 2010 2:33pm May 28, 2010 2:33pm

“The euro already faces a sea of troubles,” says Neil Shah in The Wall Street Journal. But now there’s a new problem. It is becoming a favourite funding currency for the carry trade. The carry trade entails borrowing money in a currency at low interest rates and investing the cash in currencies with high interest rates, or in risky assets such as commodities or shares.


The funding currency weakens as the borrowed money is sold, while the currency being purchased rises. Last week’s gyrations in the euro suggest it is now being used for this type of trade. At one point, it jumped sharply against the high-yielding Australian dollar, a favourite for investment among carry traders. That suggests traders were unwinding positions.



You can see why the euro is “the clear-cut funding currency of choice”, as Alan Ruskin of RBS puts it. For one thing, interest rates are low in the eurozone. Given the turmoil, they won’t rise any time soon. More importantly, both the yen and the dollar, while boasting low interest rates, are safe havens – they typically rise when turmoil erupts. A rising funding currency further reduces the profitability of a carry trade – already hit by sliding risky assets – when there is a flight to safety. Given all the other problems it faces, the euro is hardly a safe haven and thus far less likely than the yen and dollar to rise sharply when risk aversion hits. “This is a perfect line-up for a funding currency in times of uncertainty,” says Ulrich Leuchtmann of Commerzbank. The carry trade is another reason to expect the euro to weaken further. BNP Paribas sees the euro at parity with the dollar next year.



An article from my favourite UK financial publication, Moneyweek.



Have a great weekend!
  • #249,627
  • May 28, 2010 2:37pm May 28, 2010 2:37pm

You can see why the euro is “the clear-cut funding currency of choice”,
An article from my favourite UK financial publication, Moneyweek.



Is there no article about your home currency - the GBP ???
  • #249,628
  • May 28, 2010 2:38pm May 28, 2010 2:38pm
BEAR BEAR BEAR what a good trades yééééééééh
No Signal, No Trade. No fundamenals, No headache.
  • #249,629
  • May 28, 2010 2:40pm May 28, 2010 2:40pm
The intense pressure to the break out remains unaffected & eu may gap likely to the down side to 1,2246/29/11, yes already bo.
fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #249,630
  • May 28, 2010 2:43pm May 28, 2010 2:43pm
Quoting mokonni

You can see why the euro is “the clear-cut funding currency of choice”,


An article from my favourite UK financial publication, Moneyweek.


Is there no article about your home currency...
Not this week and if there was I would post it to the cable thread. In matter of fact I have posted articles with regards to my "home currency" there in the past. BTW, my home is Nederland, but I have lived in the UK, my second home for almost 30 years now.... jeez, has it been that long!

Mit freundlichem Gruessen!
  • #249,631
  • May 28, 2010 2:45pm May 28, 2010 2:45pm
Quoting AmeriTrini
that post was made when we were at 2390 and I was right, it was not over. It rallied to 2454, so what is your problem??
There was also a chart attached (which I no longer see) by you which showed
a significant double-bottom and higher high on daily, implying a much bigger
bounce than we've seen so far. I remember this as I was also in a bullish mode
at the time and your post was quite good confirmation for me ... so thanks for
that !

Anyway, there's no problem ... I presume you are no longer as bullish
as the post (with chart attached) suggested.

Personally, I feel that the Euro is currently way oversold and we should
see a better bounce by end of next week. I am gunning for at least 1.26.
  • #249,632
  • May 28, 2010 2:46pm May 28, 2010 2:46pm
Quoting bbakker

“The euro already faces a sea of troubles,” says Neil Shah in The Wall Street Journal. But now there’s a new problem. It is becoming a favourite funding currency for the carry trade. The carry trade entails borrowing money in a currency at low interest rates and investing the cash in currencies with high interest rates, or in risky assets such as commodities or shares.

...
i curious on what European bank is loaning money..
those who can, do. those who cant, talk about those who can
  • #249,633
  • May 28, 2010 2:47pm May 28, 2010 2:47pm
eyes on DOW!
  • #249,634
  • May 28, 2010 2:47pm May 28, 2010 2:47pm
Quoting just fibbing
There was also a chart attached (which I no longer see) by you which showed
a significant double-bottom and higher high on daily, implying a much bigger
bounce than we've seen so far. I remember this as I was also in a bullish mode
at the time and your post was quite good confirmation for me ... so thanks for
that !

Anyway, there's no problem ... I presume you are no longer as bullish
as the post (with chart attached) suggested.

BTW-I have not removed any or my posts
Personally, I feel that the Euro is currently way oversold and we should
see...
Its only oversold because maybe, the rsi says so. I don't use indicators, as indicators are very lagging. I use leading indicators, like market psychology and think that 1.2000 shall provide a reasonable bounce.
  • #249,635
  • May 28, 2010 2:48pm May 28, 2010 2:48pm
Quoting fontu
The intense pressure to the break out remains unaffected & eu may gap likely to the down side to 1,2246/29, yes already bo.
fontu
AGREE AGREE AGREE bro. Remember yesterday i was expecting to 1.17. I still so and i'm waiting for to begin going long in EU.

Good trading bro.
No Signal, No Trade. No fundamenals, No headache.
  • #249,636
  • May 28, 2010 2:48pm May 28, 2010 2:48pm
Quoting gatorinla
it may crash too.. lets see if the brave hold over the weekend..

if people bail their eu shorts the stockmarket may go up and vice versa...
if stock holders bail it make create a vacuum. forex trading will still be open as stockmarkets close. less the 2h to go..

but its only covering trades over the weekend. .. just to resume next week sells.
slippage?
those who can, do. those who cant, talk about those who can
  • #249,637
  • May 28, 2010 2:48pm May 28, 2010 2:48pm
Quoting uraceulose
eyes on DOW!
holy fock
  • #249,638
  • May 28, 2010 2:49pm May 28, 2010 2:49pm
Quoting bbakker
Not this week and if there was I would post it to the cable thread. In matter of fact I have posted articles with regards to my "home currency" there in the past. BTW, my home is Nederland, but I have lived in the UK, my second home for almost 30 years now.... jeez, has it been that long!

Mit freundlichem Gruessen!
Sorry, english is not my "home language"
Thank you for that informative article.
  • #249,639
  • May 28, 2010 2:50pm May 28, 2010 2:50pm
since i am new.. what dose DOW mean??
  • #249,640
  • May 28, 2010 2:51pm May 28, 2010 2:51pm
Quoting Mr. Monk
since i am new.. what dose DOW mean??
DOW jones industrial average of 30 major US industrial stocks
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