EURUSD

Who told you I was educated in the United States? All I know is that we are in 2010 and that America runs this WORLD!!!!!!!! so Greece and their Gods kiss my backside.

still light years away from becoming a millionaire?

ok look guys, there are some similarities between greece and the US, but obviously there are major differences, one of which is that the US is the world's only superpower.

my first broker..had BAD experience with them..won't ever trust them ever again..

You guys have no clue.

China is the boss and running the world already for years.
Just turn everything around in your home and check what you read on the sticker.

True, very true, for now.

Same world, different rules.

Three scenarios for the EUR/USD.

Whilst China export/import all their goods in US$ they are still only a subordinate

Umm... oh yea. lol.

Whats the point of bieng a super power, when the masses dont have access to cheap / free medical care

and because of that it's been a mess, look at who's in conflict, even in your own back yard, look at the financial mess instigated from USA and how it's corrupted the world economy, look at those on the breadline because of it, look at the toll the severe measures are taking on the greek people, nd on other nations to come, look at the mirror and say you're proud of what the USA has done, then look to the history books and see what greece has given the world and how it's used today... your own white house designed according to greco-roman architecture....socrates, plato, aristotle, and influence on western civilization, what is your democracy based on......... medicine, which oath are doctors taking today, where did it come from, ......geometry, where did that come from to help NASA send rockts ot he moon....the language you speak, where did those vowels come from......the olympics your athletes do so well at, where did that come from....Greek's historic resistance during the war that moved your own people
"The heroic struggle of the Greek people, against Germanys attack after she so thundurously defeated the Italians in their attempt to invade Greek soil, filled the hearts of the American people with enthuthiasm and moved their compassion." - Franklin D Roosevelt.
,etc, etc, etc.
So before you diss Greece, just think, how much greece has given and continues to contribute....and just because it's in real trouble now, that doesn't compare to what's in store for USA, then you will be watching some chinese bad ass here on forex saying things like, who cares about USA, look who rules the world now...then you can respond and make him see how much of an ass he is.

Thanks, well said , it is almost there , true . trend remain fully bear , true and anything market can do without any care to anybody even biggest, true .

Everybody has his own way of reading charts & interpretation ways too , same chart ,same indicators but perception different.
Mine also , though in a down trend there were indications of temporary changes where I just assume as per my conception so far that a retracement was very due & stepped in actually , price duly flat , still in , the required retracements not happened any or if very negligible and in that sense eu in an extreme bear market in a moderate bull area unlike bear in a bear market.
Ofcourse interpretation , counts -TDSC, EW everything subject to change any moment & nothing may signal a confirm way of movement until they happen & follow thereafter.

price trying hard to crush through the bottom , may just a bear continuation it wants & when done even few pips can fuse & may let the retracement so a certain retracement to 1,2124,1.2040,1.1954 do not mean it to continue down directly .

I think everything is under the full control of private funds or speculators , pure gamblers/scammers like us in mind , playing football from one goal to the other at will. As I think some times ,if I have the power to move the market by force a 15 pips only with an enormous equity to tolerate thereafter I could make the huge randomness in the forex history . simply how the private funds /money makers may do , when there are no opposite force in action just take a trade move it to 15 pips or so , sl at be after 9-10 pips , allow run if the bait works & like minded people take to a good pips & if not close at where it just stop & do it again, come & go . just scamming when actually not any direction .
And best situation from such gangs of speculators scamming if all parties in trouble to their extreme like now , US posing very strong when real values going down only , one can't buy a coke with the same dollar 5 years back not even when were least strong April 2008 or November 2009 but more when is strong today, gold to the sky & even water , the same . so it is actually in less than water level even when compare water values at those same eu exchange level now in any past.

If take gold as standard , again gold unfolded big wave upside while once correlated eu ( $ high , eu down gold down before ; now $ high ,euro more down, eu more down, why gold more high? in relation to any real thing $ is actually more down ) to the down side . So Euro low dollar low , going both defaulters shoulder by shoulder but still euro exchange higher than dollar . euro is still more stronger than dollar so far .still one need less euro to buy a coke than dollar will need .

One thing I do not understand who wants eu to down by force without caring normal pa , try continue great moves without retracements . By that time gold should 1350 or much higher & every item made of real substances or services follow , even the paper need to make notes & making charges also reducing more of the currencies values . who will be benefited then ?

maintaining higher gold or market values can make more paper notes ? so the higher the defaulter will need much higher the gold price for more printing the paper notes, points to only US perhaps , defaulter of all defaulters ? so if any real danger is for US side without a war in need.Time will tell.

Bring back the gold price to 330 to 600 $ max at levels eu 1.2270 , dates back last 5-2006 , and destroy all papers need more notes making if want peace again.

Anyway we do not have any problem , we can scam the scammer in any scamming environments.

Lots of gossiping , sorry.
fontu

I believe our President is genuinely trying to do that now in spite of some criticism towards the cost. It would be nice to have a healthcare system in place where everyone has the ability to recieve the best healthcare has to offer. It would have also been great if such a system were put in place many years ago. However, not having such a system has not prevented Americans (in general) from having a high quality lifestyle. In fact, one could argue America has some of the best hospitals, medicines, state-of-the-art equipment and research facilites. Medicinal studies within universities alone are more than most other countries. So in conclussion, not having a public healthcare system (yet) doesn't mean the USA has no point as a superpower. USA leads the world in many regards.

Look, whoever says Greece or people from Greece are worthless are obviously prejudice and/or uneducated. For someone to say USA and people from USA are worthless and corrupt is also an inaccurate statement. As an American living in the USA I can tell you there are great people here. People who work hard, love their families and respect others whether same nationality or not. Sure there are some bad apples. I think anywhere you go you will find bad apples. And yes Greece does have a long list of accomplishments and contributions to society that have helped the world become what it is today. From architecture to philosophy as you pointed out. I think you can also say that the USA has provided the world with some contributions. In future history books both countries will have great importance to the development of mankind. But let's please stop the finger pointing and name calling. There's no constructive contribution from doing that. Let's enjoy our lives and be positive about everything. Have a great weekend.

Here is the strategy for the next week

1. PENDING ORDER
BUY @ 1.2152 (at our baseline)
SL 1.2130
TP 1.2220

2. PENDING ORDER
SELL @ 1.2130 (SL from BUY Pending Order)
SL 1.2160
TP 1.2010

So, Question why???
Answer: Next week testing the Base at 1.2152

1. The base was strong 2 times now, if the base hold we have a clearly buy signal the target is 1.2220 cause this is a resistance point. An another "risky" way : TP Open an wait if we reach the downtrandline.

2. More than 20 pips under the base is a clearly sell signal.
Reason: psychological effect. If the base is broken we see the next target in the 1.2000 region.The downtrandline cuts the basline. So we havent got enough range for a buy order.

You mean flying around the world and making war in every corner when it comes to oil etc...

India has the cheapest healthcare system ( None ) but it's there.

Natural products serve 1.1 billion people for nearly nothing.

"If you owe the bank $100 that's your problem. If you owe the bank $100 million, that's the bank's problem." - J. Paul Getty

Bullshit, Freddy. China, with its currency pegged to the USD & nowhere else to go with its excess capital, has got a big problem.

America is going to be a socialistic country...... China on the other hand is capitalistic.

They will one day meet somewhere in between soon!

hehe

I'm starting to ponder on an interesting question:

It seems like the USD appreciates on good USA figures and news.

It also seems like the USD appreciates when bad USA figures and news are out too because of "risk aversion" or "the fear of the global economy not recovering". (Given the problems of EURO Zone, who really is gonna trust the EZ in the short to medium term and not to mention cooking the books to not following the ECB rules.......)

Then its probably the other 2 main remaining, GBP, JPY.... (there are other ones I know but for the sake of my argument I'm gonna leave them out.)

GBP are pretty much mirroring EUR in terms of very far views from Day chart to Monthly chart.

JPY seems like the only option left for traders/institutions who don't believe in either USD or EUR.....(though JPY is pretty much at the very edge of appreciation (due to the costly of exports), anything more will most likely be regulated by either verbal attacks from BOJ or actual selling of JPY themselves...)


The only times I think I see EURO appreciating is when "news" of people supporting the EZ or "wanting" to not see a decrease of value in the EZ and such.....

Please tell me if you see any flaws, I'm open to all views.

Thanks!

last night the euro failed to poke the resistance....and decline...even break the support.....the rise of euro is send by god hand.....who is the god hand?....someone who care about euro and the crisis of the world...because the rise of euro last week..is not smooth....something push it....and at last it fall again...
monday it will touch price 1.2153...wheter the support is strong or not just wait and see......if euro not fall into it...got a chance to rise again......euro i think got a chance to rise again....and if the inficator and price candle not smooth rising....something rising it.....