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  • #253,701
  • Jun 6, 2010 10:55am Jun 6, 2010 10:55am
gone!!! good luck
those who can, do. those who cant, talk about those who can
  • #253,702
  • Jun 6, 2010 10:56am Jun 6, 2010 10:56am
Quoting fxswing
Problem is that you're trying to fight the market. The market is your friend you don't have to fight it.
You must recognize that you can't change the market, so YOU have to change what you're doing wrong.
Trying to avoid losses is what kill the accounts, you must embrace losses as the needed expenses of doing trades.
Trading gains should be viewed as the result between trading losses and trading winnings. You can't avoid losing, that's impossible, trying to avoid it will make you broke...

Another problem is not knowing what you will do when...
Dear I have note down all your suggestion, once I will out from that situation, I will do as you instruct.
Trade what you see, Not what you think.
  • #253,703
  • Jun 6, 2010 10:57am Jun 6, 2010 10:57am
Quoting Atlast
seems you're getting a lot of fun from pissing other people off this weekend. why not post something useful.


Let's see:
What caused the selloff on friday: 1. Hungary- default imminent.
2. French PM- Euro to parity
3. Rumours of Billions of Euro reserves being sold off by Iran.
4. US non-farm payroll data

So, was the sell off justified?

I am staying out of trading monday.
I don't think it is justified...all this seems to me that hedge funds who are short EUR/USD paid to Hungarian vice president and to Iranian press to release such informations in order to make profit on their trades....

Iran c.bank head denies report on selling reserves

http://www.reuters.com/article/idUSHAF62139420100606


June 6 (Reuters) - Iran's central bank chief denied reports over the country planning to sell 45 billion euros from the country's reserves to buy dollars and gold ingots, the Arman newspaper on Sunday quoted Mahmoud Bahmani as saying.
"Such reports are sheer lies and I strongly deny reports on Iran planning to convert 45 billion euros of its reserves to dollars and gold," Bahmani said.
On Wednesday, Iran's English language Press TV quoted a report in Jam-e Jam newspaper in which unnamed "reliable sources" said the decision had been taken in reaction to the euro zone crisis.
  • #253,704
  • Jun 6, 2010 11:00am Jun 6, 2010 11:00am
Quoting TEB63
I find with euro we see the revesral on the 2nd Divergence
which happen not to long after the 1st.

So we could see a bounce even up into the 1.22 area.
then a drop [font=Times New Roman][size=4]into the 1.6 area....
Just curious why 1.16 should be named 1.6 area and 1.22 just 1.22?

Is that hard to move that dot 1 point to the left and add additional

number? That's why many, if not all, Americans don't use turn signals

while driving, cause they simply too laze to make extra move + don't give

a sh* about anybody else on the road, besides themselves..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #253,705
  • Jun 6, 2010 11:04am Jun 6, 2010 11:04am
Quoting intery
2. Bottom of channel start @ 1.64/63 and lower ±1.125
3. Previous low ±1.635
etc...
Another one.. Please explain, what you mean by 1.64 1.63, if

we are at 1.19 now? What's wrong with you, guys?

Are you reading charts upside down? Or this is 2007 with EU at 1.61?
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #253,706
  • Jun 6, 2010 11:05am Jun 6, 2010 11:05am
Quoting gatorinla
asian markets have been on decline for weeks/longer. even as u.s. market has clung on...without more then a 10% drop.. that changed friday.. u.s markets slipped.. watch yen pairs!!!!!! ej, gj as well as eu.... asia has yet to react to friday drop.. commodity pairs also..aj may be a good one..
Thanks for that gator.
Going to difficult, but Im gonna try get some zzzzz's.
It's late here, and Im all wired for the market in the morning. Counting candles could be my only saving grace...
Later gents.
  • #253,707
  • Jun 6, 2010 11:08am Jun 6, 2010 11:08am
Quoting egkid
Hope this Explain something even it old post
http://www.forexfactory.com/showpost...postcount=7129

And something older but no explanation just view
http://www.forexfactory.com/showpost...stcount=189485


greath and lovely your "tesis" and charts.

is same my idea, and with others here too.

really, its a funny, the history about mr austin powers. He´s a person that its a fooll qhen believe EURO have your sight at 1.50.... kkkkkkkkkkkk
Let us be green
  • #253,708
  • Jun 6, 2010 11:18am Jun 6, 2010 11:18am
Quoting leafarct
greath and lovely your "tesis" and charts.

is same my idea, and with others here too.

really, its a funny, the history about mr austin powers. He´s a person that its a fooll qhen believe EURO have your sight at 1.50.... kkkkkkkkkkkk
My favorite "MR.Jim"
http://www.forexfactory.com/showpost...6&postcount=34
  • #253,709
  • Jun 6, 2010 11:19am Jun 6, 2010 11:19am
Quoting SkyzerFX
Just curious why 1.16 should be named 1.6 area and 1.22 just 1.22?

Is that hard to move that dot 1 point to the left and add additional

number? That's why many, if not all, Americans don't use turn signals

while driving, cause they simply too laze to make extra move + don't give

a sh* about anybody else on the road, besides themselves..
Sounds like you're pretty anti-American there Skyzer... please keep your ignorant comments to yourself.
Every time you use 'hopium' in a post, God kills a kitten.
  • #253,710
  • Jun 6, 2010 11:19am Jun 6, 2010 11:19am
Quoting SkyzerFX
Just curious why 1.16 should be named 1.6 area and 1.22 just 1.22?

Is that hard to move that dot 1 point to the left and add additional

number? That's why many, if not all, Americans don't use turn signals

while driving, cause they simply too laze to make extra move + don't give

a sh* about anybody else on the road, besides themselves..
You should come to Uruguay some time.

They have never heard of turn signals here and I would shocked if I ever saw one used. In addition, they do not pay attention to lines on the road (must be some form of program to put people to work putting lines on roads because absolutely nobody pays any attention to them) or stop signs for that matter, which probably explains why the government never bothered putting any kind of sign up at most intersections, even in town. My driving is getting as bad as everyone else here--I no longer stop at the occasional stop sign, it is just an indication to slow down fractionally.
  • #253,711
  • Jun 6, 2010 11:21am Jun 6, 2010 11:21am
Quoting profxtrader
Sounds like you're pretty anti-American there Skyzer... please keep your ignorant comments to yourself.
What would you expect from a Russian, it's old reflexes
Getting it right is NOT as important as not getting it wrong.
  • #253,712
  • Jun 6, 2010 11:25am Jun 6, 2010 11:25am
Quoting profxtrader
Sounds like you're pretty anti-American there Skyzer... please keep your ignorant comments to yourself.
And why this is ignorant? Because it's true? Americans don't use turn

signals,

at least most of them.. If this is not laziness than what is it?

Bad habit? Since you angry, I'll assume you don't use them too
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #253,713
  • Jun 6, 2010 11:27am Jun 6, 2010 11:27am
Quoting fxswing
What would you expect from a Russian, it's old reflexes
I don't like sky VIEW but let's not get nationality to this :-)
  • #253,714
  • Jun 6, 2010 11:28am Jun 6, 2010 11:28am
Quoting moonchild
You should come to Uruguay some time....
I prefer chaos traffic in India

The order is in the chaos
Getting it right is NOT as important as not getting it wrong.
  • #253,715
  • Jun 6, 2010 11:31am Jun 6, 2010 11:31am
Quoting egkid
I don't like sky VIEW but let's not get nationality to this :-)
You're right I was just joking, no offense intended to anyone, or any country.
Getting it right is NOT as important as not getting it wrong.
  • #253,716
  • Jun 6, 2010 11:33am Jun 6, 2010 11:33am
U.S. & British bankers have declared all out war on the Euro. Webster Tarpley has been covering this and mentioned yesterday the Financial Times of London Newspaper planting dis-info stories about China dropping the Euro (which China denied) to drive the price down.

Top of the show Webster covers the Euro War---
http://tarpley.net/world-crisis-radio/
  • #253,717
  • Jun 6, 2010 11:39am Jun 6, 2010 11:39am
Quoting tamster
China dropping the Euro (which China denied) to drive the price down.
China will never drop EUR. They will drop USD instead, because they

got stock in junky US treasuries up to their eyeballs. Those Treasuries

are marked as AAA, while their status should be Junk, cause in 15-30 years

( I'd say in 3-4 years tops) those will worth absolutely nothing. ZERO.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #253,718
  • Jun 6, 2010 11:43am Jun 6, 2010 11:43am
Quoting SkyzerFX
And why this is ignorant? Because it's true? Americans don't use turn

signals,

at least most of them.. If this is not laziness than what is it?

Bad habit? Since you angry, I'll assume you don't use them too
Because when we see a turn signal ahead of us we speed up to prevent the lane change, get with the program!
  • #253,719
  • Jun 6, 2010 11:44am Jun 6, 2010 11:44am
Good day folks - looks like everybody is getting along around here today -

Hope everybody has had a good weekend and preparing for a 'pippin' start to the week -

Seer
Pip what you see; See what you pip!
  • #253,720
  • Jun 6, 2010 11:52am Jun 6, 2010 11:52am
Quoting Cod
Because when we see a turn signal ahead of us we speed up to prevent the lane change, get with the program!
Right, there is some reason to it, I must agree.. when newb driver

turn signal before change the lane, nobody will let him in, so better

push Gas, make a move and turn signal when you almost there

P.S

I was betting on ECB, should they act on Friday, this drop could be avoided,

but now there is a talk that French prime minister actually enjoying those

exchange rates and he'll love to see 1:1, why not? Since they start

printing like US did long time ago their currency could get the same rate

1:1:1:1 USD:CAD:AUD:EUR

Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
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