EURUSD | Page 13285 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, USD/CHF

Similar Threads

MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
Exit Attachments

EURUSD

  • #265,681
  • Jun 30, 2010 11:36pm Jun 30, 2010 11:36pm
gu finally fell through today's floor. and usdx is not at today's high as it does.
so i suspect gbp is gonna take a serious ass whippen today. and the euro less of one
those who can, do. those who cant, talk about those who can
  • #265,682
  • Jun 30, 2010 11:38pm Jun 30, 2010 11:38pm
Quoting gatorinla
gu finally fell through today's floor. and usdx is not at today's high as it does.
so i suspect gbp is gonna take a serious ass whippen today. and the euro less of one
my best short is from 5050..worst is 4930
  • #265,683
  • Jun 30, 2010 11:39pm Jun 30, 2010 11:39pm
Quoting gatorinla
gu finally fell through today's floor. and usdx is not at today's high as it does.
so i suspect gbp is gonna take a serious ass whippen today. and the euro less of one

I would love to see a GBP ass whoopin'. It would make me nurse a semi actually.
Not all sins are created equal
  • #265,684
  • Jun 30, 2010 11:40pm Jun 30, 2010 11:40pm
hello all,
outlook from alpari uk.
Attached Image
  • #265,685
  • Jun 30, 2010 11:41pm Jun 30, 2010 11:41pm
Quoting fibofuzi
hello all,
outlook from alpari uk.
Hi Fibo.
Not all sins are created equal
  • #265,686
  • Jun 30, 2010 11:45pm Jun 30, 2010 11:45pm
Hi Guys...

What is your idea, seems CHF is new GOLD on the market ??
  • #265,687
  • Jun 30, 2010 11:45pm Jun 30, 2010 11:45pm
Quoting Jay Walker
Huge indeed and that will hurt them in the long run.

A company should rise and fall on it's own merit. Under the Chinese system, it's a lot harder to fall since you get propped up.

If all their industries encountered difficulties at the same time, it would be a disaster.
Absolutely correct, and to make matter worse, almost all the state-owned business decided to go into the real-estate market even though they weren't in anyway related in real-estate. Car companies and heavy industries, etc, had become real-estate developers.

Let us back track a bit and talk about the benefits of selling government land and who is really benefiting when a piece of land is sold.

The central government doesn't really rely on LAND for much of their budget, but the provinces and city level profit from Land auctions. So, the higher the a piece of land is sold for, the more money the local government gets right?

(To be continued)

*I think I might need to move this discussion to a new thread so that the ideas will be best kept in accordance and not get jumbo'ed in the EUR/USD thread.....*
  • #265,688
  • Jun 30, 2010 11:48pm Jun 30, 2010 11:48pm
Quoting 4xmaker
Absolutely correct, and to make matter worse, almost all the state-owned business decided to go into the real-estate market even though they weren't in anyway related in real-estate. Car companies and heavy industries, etc, had become real-estate developers.

Let us back track a bit and talk about the benefits of selling government land and who is really benefiting when a piece of land is sold.

The central government doesn't really rely on LAND for much of their budget, but the provinces and city level profit from Land auctions. So, the higher...
If you wish to start a thread, that's fine.
Not all sins are created equal
  • #265,689
  • Jun 30, 2010 11:49pm Jun 30, 2010 11:49pm
Quoting Jay Walker
Yes but as I said, it wasn't mentioned in the mainstream media but swept under the rug. Anyone who had the audacity of saying that a crash was coming up was just laughed out of the joint.
True but that was what led up to the previous crash so it wasn't a far stretch... when things are good and this happens... usually this follows.... well we know for next time if there is a next time..
  • #265,690
  • Jun 30, 2010 11:50pm Jun 30, 2010 11:50pm
Quoting Alk34
Hi Guys...

What is your idea, seems CHF is new GOLD on the market ??
Gold is the new gold.

CHF is the new CHF.

Black is the new black, green is the new green, 30 is the new 30, 50 is the new 50.

If it's new, it's not improved and if it's improved, it's not new.

But yeah, the CHF is doing really well right now.
Not all sins are created equal
  • #265,691
  • Jun 30, 2010 11:52pm Jun 30, 2010 11:52pm
As i have spent a total of more than 9 months in China since 2007 I'd like to add some comments. i have heard people talking about a crisis in china very often already (but it did actually never happen) and I dont foresee any kind of crisis in the near future. The reason is very simple:

China has amongst the highest savings rates both on private and on public level and will therefore be able to absorb most exogenic shocks (e.g. declining house prices). They have enough cash to increase public expenses, invest in assets with falling prices or in newly founded companies and they can give incentives to the private sector to spend more money. thats the reason why they have such a stable growth in gdp for the last 30 years or so (around 10%). A month ago I met a friend of mine who works for one of these state owned investment funds. he told me they have huge cash reserves...

In addition, the demand for real estate in big cities is not going to shrink because more and more western companies increase the number of white collar jobs (e.g. R&D) -> people can afford higher prices and rents...

BTW: Rents in Shanghai and Beijing are still much lower than in every other major city. much room for further growth.

this makes me believe that we will not see any kind of crisis in china soon...
  • #265,692
  • Jun 30, 2010 11:57pm Jun 30, 2010 11:57pm
Quoting Jay Walker
Gold is the new gold.

CHF is the new CHF.

Black is the new black, green is the new green, 30 is the new 30, 50 is the new 50.

If it's new, it's not improved and if it's improved, it's not new.

But yeah, the CHF is doing really well right now.

: ) Thanks for comment, sure CHF is older one butt new CHF is very strong, USD going UP and CHF going UP, USD going DOWN but CHF still going UP it is NEW

Some players says that ''CHF is safe heaven'', if it is why GBP/CHF was 1.67, USD/CHF was 1.17 on tha last mont mini crisis, otherwise MAY19 SNB intervention is interesting, SNB sold CHF cheaper prices more than now...
  • #265,693
  • Jun 30, 2010 11:58pm Jun 30, 2010 11:58pm
Quoting jonnyS
As i have spent a total of more than 9 months in China since 2007 I'd like to add some comments. i have heard people talking about a crisis in china very often already (but it did actually never happen) and I dont foresee any kind of crisis in the near future. The reason is very simple:

China has amongst the highest savings rates both on private and on public level and will therefore be able to absorb most exogenic shocks (e.g. declining house prices). They have enough cash to increase public expenses, invest in assets with falling prices or in...
Those are good evidence to proof that we will not see a crisis in the very near future, but economy changes rather drastically when a critical point has been reached, and recent labor union problem is troublesome. The cash reserves were mostly a mass collection of export earned money and we know that export has slumped and rather that can come back is a major worry of the CCP.

The housing problem is more than just a supply and demand issue that China has.
  • #265,694
  • Jul 1, 2010 12:04am Jul 1, 2010 12:04am
looks like fiber really likes that trend line:

Attached Image (click to enlarge)
Click to Enlarge Name: chart.jpg Size: 158 KB


I wonder why. Tricky PA.
  • #265,695
  • Jul 1, 2010 12:05am Jul 1, 2010 12:05am
Quoting jonnyS
As i have spent a total of more than 9 months in China since 2007 I'd like to add some comments. i have heard people talking about a crisis in china very often already (but it did actually never happen) and I dont foresee any kind of crisis in the near future. The reason is very simple:

China has amongst the highest savings rates both on private and on public level and will therefore be able to absorb most exogenic shocks (e.g. declining house prices). They have enough cash to increase public expenses, invest in assets with falling prices or...
Good morning all!

Maybe it is just me, but I think this thread is about EURUSD chart and not about CHF, Gold or China or something... As I remember, many of the "BIG BOYS" here have already mentioned this before. I'm just sayin'. Cheers!

About the market: I am a little bit confused about cutting my shorts from 1,2280, but if there won't be a spike, I think I could survive the retrace to 1,2240-1,2250... Would be glad to lock in some profit without another spike or so.

Successful trade to all!

Edit: USD index does a great job for shorters imo...
  • #265,696
  • Jul 1, 2010 12:08am Jul 1, 2010 12:08am
I now have so many lines on my chart that I want to say it looks like a spider web. But in truth the area between 2150 and 2600 looks more like a shattered windshield....I have no clue what is happening. And as some of you know, I'm not generally short of opinions.

Quoting gatorinla
gu finally fell through today's floor. and usdx is not at today's high as it does.
so i suspect gbp is gonna take a serious ass whippen today. and the euro less of one
Ah Luv the smell of a good prediction in the mornin!
  • #265,697
  • Jul 1, 2010 12:09am Jul 1, 2010 12:09am
lets give that baby a little downward momentum
  • #265,698
  • Jul 1, 2010 12:09am Jul 1, 2010 12:09am
Quoting Alk34
: ) Thanks for comment, sure CHF is older one butt new CHF is very strong, USD going UP and CHF going UP, USD going DOWN but CHF still going UP it is NEW

Some players says that ''CHF is safe heaven'', if it is why GBP/CHF was 1.67, USD/CHF was 1.17 on tha last mont mini crisis, otherwise MAY19 SNB intervention is interesting, SNB sold CHF cheaper prices more than now...
CHF hasn't been a safe heaven since 1999 when they dropped the gold standard. For your amusement check out this monthly chart.

http://i48.tinypic.com/6jqdrq.gif


It's pretty well been going down ever since. Not exactly a pretty picture in spite of the current upswing.
Not all sins are created equal
  • #265,699
  • Jul 1, 2010 12:18am Jul 1, 2010 12:18am
right on, i'll be there
  • #265,700
  • Jul 1, 2010 12:21am Jul 1, 2010 12:21am
Quoting uraceulose
right on, i'll be there
I won't, I'm going to bed, happy trading to all.
305 traders viewing now, 2 are registered:
Invad
,
HydraCapital