Indian Guru Trading Majors

EU has given over 100 pips today, fun trades

http://img31.imageshack.us/img31/5683/euro.gif

if i forgot to babysit anyone

follow this link

http://www.forexfactory.com/showthread.php?t=238822

xpma, no alert ?

All fiat currencies are heading to the bottom of the trash heap. The USD appears strong not because it is a sound currency. It is a fatally flawed currency. It is just that the Wall Street banksters have chosen to attack the Euro and are continuing to destabilize the Eurozone. So the USD appears relatively strong. If you measure all fiat currencies against gold, the ultimate currency, it is clear. All fiat currencies are being bashed by gold. No currency has been able to hold its own against the gold wrecking ball for the past 8 years! Sol Palha gives his perspective (http://news.goldseek.com/TacticalInvestor/1275054906.php):

While everyone is focusing on the so called obvious factors, they have missed the most important factor; the real reason behind the crisis. The crisis started in Greece and the top EU members knew they were going to bail out Greece and potentially any other member that needed help, but they pretended that they would not. One of the obvious reasons for the bailout was not to protect Greece, but to save the bond holders; most of the bond holders are foreigners. That’s the same reason the banks were bailed out in the US, to protect the large shareholders; it’s all a game of smoke and mirrors.

Our hypothesis is that the main reason that the Euro crisis was allowed to evolve was to deflate the Euro. Note that we have stated many times in the past that we have now entered into the competitive currency devaluation era, where the theme is or will soon be “devalue or die”. Or maybe we should add “devalue or die trying to”, for nations are going to do whatever it takes to keep their products competitive in the global market. We recently spoke of this phenomenon in two separate articles Currency-devaluation-a-race-to-the-bottom (http://tacticalinvestor.com/currency.html) and the devalue or die era is picking up steam (http://tacticalinvestor.com/dieordevalue.html)

Germany was knocked out of the top place and replaced by China as the world’s largest exporter and that must have hurt. Thus by allowing the crisis to progress, the EU could, in fact, devalue the Euro without actually issuing new currency. And then when things started to look really bad, they could pretend to help by approving a huge package, but this package would now devalue the euro even more. Thus with one stone they killed two birds in the sense that it produced double the effect. If they had approved a bailout package immediately, the euro would not have shed as much as it did. In a matter of months the Euro dropped almost 24%; in the currency markets, this is considered to be a very large move.

Another factor to consider is that no government wants to pay its debt in a stronger currency; governments borrow money so that they can pay it back with cheap currency.

Thus while one currency might appear to be appreciating against another; the truth is that they are all falling down, some faster than others. Take a look at some long term commodity charts, and you will notice that most of them are in up trends, regardless of which currency they are priced. For example, a 3 year chart of gold priced in any currency shows that it’s in an uptrend. The race to the bottom has picked up in intensity. We would not be surprised now if some sort of crisis hits Asia; this would complete the circle perfectly. A position in precious metals is recommended. View this as a hedge/insurance against another potential crisis; if you have no position wait for strong pull backs before deploying new money.

issued in public interest

WARNING

First this video

http://www.youtube.com/watch?v=7VL5ps5zTTg&feature=player_embedded

ISRAEL STATION NUCLEAR MISSILE SUBMARINES ALONG IRAN COAST

1. It is a matter of time before the war with Iran starts. This war makes no sense whatsoever. The biggest threat to the middle east and world peace is the Zionist regime and its control over America. This war will be a disaster for everybody and will be the start of World War 3.
2. Iran does not possess nuclear weapons and has publicly declared many times it has no intention of building nuclear weapons. Iran has abide by the Nuclear Non Proliferation Treaty (NNPT) and has also submitted itself to numerous outside inspections. This is not the case with Israel, the 4/5th largest nuclear power in the world. It has persistently (http://www.haaretz.com/print-edition/news/netanyahu-to-ask-obama-to-block-measures-over-israel-s-nuclear-program-1.292930) refused to sign the NNPT (http://www.reuters.com/article/idUSTRE64S1ZN20100529). It has also attempted to sell nuclear weapons to apartheid South Africa (http://socioecohistory.wordpress.com/2010/05/24/revealed-how-israel-offered-to-sell-south-africa-nuclear-weapons/)in the past.
3. The Illuminist controlled Zionist Israel intends to start World War 3 to fulfil the Satanic World War 3 Plan (http://www.threeworldwars.com/albert-pike2.htm). They are using the western MSM to project the idea that they are concerned about Iran’s non existent nuclear weapons program. This is pure propaganda! This is total genocidal madness!
   
   Israel stations nuclear missile subs off Iran (http://www.timesonline.co.uk/tol/news/world/europe/article7140282.ece)
   Three German-built Israeli submarines equipped with nuclear cruise missiles are to be deployed in the Gulf near the Iranian coastline. The first has been sent in response to Israeli fears that ballistic missiles developed by Iran, Syria and Hezbollah, a political and military organisation in Lebanon, could hit sites in Israel, including air bases and missile launchers.
   
   The submarines of Flotilla 7 — Dolphin, Tekuma and Leviathan — have visited the Gulf before. But the decision has now been taken to ensure a permanent presence of at least one of the vessels. The flotilla’s commander, identified only as “Colonel O”, told an Israeli newspaper: “We are an underwater assault force. We’re operating deep and far, very far, from our borders.”
   
   Each of the submarines has a crew of 35 to 50, commanded by a colonel capable of launching a nuclear cruise missile. The vessels can remain at sea for about 50 days and stay submerged up to 1,150ft below the surface for at least a week. Some of the cruise missiles are equipped with the most advanced nuclear warheads in the Israeli arsenal.
   
   The deployment is designed to act as a deterrent, gather intelligence and potentially to land Mossad agents. “We’re a solid base for collecting sensitive information, as we can stay for a long time in one place,” said a flotilla officer.

US MILITARY ON WAR ALERT IN SEOUL

1. Stage is being set for World War 3. I think the Illuminists are still in preparation mode. Earliest schedule war will start is end June. By then there will be 4 carrier groups in the Persian Gulf. There will also be 3 Israeli nuclear submarines. It remains to be seen, how they can ignite this war. The world is not sold on the reason for this coming war. On the contrary, the world does not need or want this World War 3.
2. The Illuminist death merchants have to do something drastic like a false flag nuclear attack on America (http://socioecohistory.wordpress.com/2010/05/04/gordon-duff-stage-being-set-for-%e2%80%9cdirty-bomb%e2%80%9d-false-flag-nuclear-detonation-in-a-us-city-times-square-bomb-hoax-israeli-intel-group-shows-it%e2%80%99s-hand/)or they will not be able to ignite World War 3. Do North and South Korea want war with one another? Obviously not! Will the world support an attack on Iran? Obviously not! Will the world sanction an escalation of the war in Pakistan? I don’t think so! Do Americans want another war? No way!
   
   US military alert level raised in Seoul, 24 stealth fighters jets ready
   (http://www.huliq.com/9990/93762/us-military-alert-level-raised-seoul-24-stealth-fighters-jets-ready)The US military has raised its alert level for its South Korean troops and has placed 24 stealth fighter jets within easy reach of the Korean Peninsula, according to US military sources.
   
   The sources deny that such actions were taken as a reaction to North Korea’s threat of confrontation and an all-out-war, but confirm that the stealth fighter jets may participate in an upcoming joint anti-submarine exercise between US and South Korean military personnel.
   
   The exercise will be conducted close to or in the disputed maritime borders between South and North Korea and may very well be viewed by Pyongyang as an intimidation and threat. Kim Jong-Il, through his spokesperson, has stated on several occasions that ant threat, sanction or punishment, resulting from the march 26 incident during which a South Korean warship was sunk, will be met with outright war.
   
   North Korea has closed its border entry gate with South Korea, leaving hundreds of South Koreans workers stranded on the wrong side of the fence. Both North and South Korea own and operate a manufacturing plant close to the border which employs daily workers from South Korea, who’s only entry and exit point has now been temporarily been closed.

mAsSiVe VOLATILITY

can be seen in currency markets, when this begins

keep your lot size low and stops tight

1. Warning!! Warning!! Ginormous financial tsunami approaching! The economic fundamentals of the world are bad. Can the best of Asia pull the rest of the world away from this coming financial tsunami? I don’t think so. The entire economy has been driven by debt/leverage. At some point in time we all have to pay the piper. That time is passed !
2. My feeling is that by Q4 2010, this coming financial, economic, monetary and banking tsunami will have hit all over the world. History tells us that during such times, World War is but a minute away! Clive Maund has written an excellent technical piece. Click here for the entire article and the chart patterns (http://www.marketoracle.co.uk/Article19915.html)! My conclusion (different from his view) is that only gold and silver are safe to put your money in. Excerpts:
   
   We had expected the broad stock market and the resource sector to stabilize and start to recover last week and they did, and while we are likely to see further recovery in the days and perhaps weeks ahead, there have been some ominous developments in the recent past that we would be most unwise to ignore. The market did not go into full crash mode because it was not technically ready to, although it got close to it, and crucial support held – for now. However, heavy technical damage was inflicted and a broad review of long-term charts reveals that a blood-curdlingly dangerous setup has developed across a wide spectrum of markets.
   
   You may recall that day early in May when the Dow Jones Industrials mysteriously plunged by nearly 1000 points intraday. In an effort to placate unnerved investors, the media tried to pass it off as a technical glitch. What actually caused it was a wave of heavy selling caused by those who suddenly �saw the writing on the wall�. If this drop was due to some technical glitch then why, after bouncing, did the market drop to even lower levels a week or two later?
   ….
   We are going to go into full defensive mode, which means cash, protection of any open long positions with Puts, and the use of conservative bear plays primarily to preserve capital but also as a means to profit from the expected heavy declines, for given that markets tend to drop twice as fast as they go up, because panic is a more powerful emotion than greed, as made plain by the events of 2008, there is no reason why we should sit on our hands and pass up the opportunities that will be presented by the general misfortune. We will be looking at a range of bear plays whose chief purpose is to safeguard capital, but also have the capacity to make substantial gains, over the next several days on the site.
   
   Finally, we should note that although the markets appear to be drawing close to another 2008 style meltdown, there will be some big differences between the collapse in 2008 and the one that is looming. In the first place it could be considerably worse, as none of the underlying structural distortions and problems that led to the collapse in 2008 have been squarely addressed and dealt with – the problems have simply been swept under the carpet by the application of massive doses of additional liquidity and the further ramping of debt. Secondly we are not too talking about companies that are too big to fail needed to be bailed out at taxpayer’s expense, this time round we are looking at entire countries going bust – politely referred to as �sovereign defaults�, and unless other countries step up to the plate to bail out those heading for the rocks, they will have to bail themselves out – which means either devaluation of their currencies or self-monetization requiring a massive ramping of the money supply which will feed through into rampant inflation or hyperinflation.
   
   This is the situation the US faces, as it has passed the point of no return, its debts and obligations are so huge they simply cannot be met, even at the current ridiculously low rates of interest. Thus we are likely to see unprecedented volatility in markets, and while the PM sector now looks likely to be taken down with the rest of the market due to forced liquidation leading to indiscriminate dumping, it is likely to come roaring back later as the hyperinflation approaches, particularly in the US. The same blind panic and flight to cash may well cause the dollar and Treasuries to continue even higher temporarily, although with the fundamentals for the dollar and the US economy that much worse than in 2008, a savage reversal and bear market is likely to follow immediately the dust starts to settle.

EU is already witnessing 300 pip moves in a day

Crazy markets ahead

As expected

EU is already below 1.20 , some consolidstion here, then 1.12

EU never moved this way before

Some food for thought during the weekend

http://www.youtube.com/watch?v=eb1n1X0Oqdw&feature=player_embedded

Thanks for the film freddy some great commentators in there.

Great documentary, highly recommended.
It has a lot of unspoken truths.
Thanks for posting it here.

Regards
Nectarios

http://img138.imageshack.us/img138/7...zone5yrcds.jpg

Europe’s enormous US$1T bailout is really money for the banksters. The sheeple are made to pay for the ‘too big to fail’ policies only for banks! The logical thing to do is to let these banks pay for their mistakes and allow countries to default or debt write off. The bailout is a failure morally and financially, the markets are saying they are a total failure! The Euro is htting the 1.18 handle. Vincent Fernando writes (http://www.businessinsider.com/european-overnight-lending-2010-6):

An enormous show of strength from both the Eurozone and IMF may have stemmed the previous Eurozone credit rout, but it seems that its effects are fading.

1) Yesterday credit default swap spreads exploded higher for Europe’s periphery ‘PIIGS’ economies, approaching the dangerous record highs pre-Eurozone bailout. (http://www.businessinsider.com/piigs-cds-spread-2010-6) Those spreads continued to expand today, reflecting even higher default risk. (http://www.businessinsider.com/piigs-cds-2010-6)

2) Moreover, the Wall Street Journal reports today that ECB overnight deposits have hit a record high (http://online.wsj.com/article/SB10001424052748703561604575282202449082066.html?mod=WSJ_business_whatsNews). Usually banks just park a few hundred million euros with the Central Bank using this facility, since they get subpar interest on their capital. They have now chosen to place 316.4 billion euros in ECB deposits, as perceived counterparty risk (the risk between banks) is soaring.

3) The euro is now breaking below $1.20. (http://www.businessinsider.com/euro-resumes-slide-below-122-even-as-biggest-world-leaders-express-support-2010-6)

http://img52.imageshack.us/img52/6484/vanunucartoon.jpg

Hiya Forexlion,

System looks great. One question, does it have an alert of any kind, Alarms? Automation? OR even if you could share your ideas on how to monitor entries and exits during the day and night?

From what i can see you need to sit by the charts every minute to watch entry and exits?

Your response will be much appreciated. Really love your work by the way. Keep it up.

TTB

trade for an hour then leave

plan your time of trade based on trend developing on higher tf's

40 to 60 million americans will be forced to evacuate in August

Florida Gulf Oil Spill: Plans to Evacuate Tampa Bay Are Put Into Place …Update: Pensacola Beach Closed !