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  • #284,461
  • Aug 21, 2010 11:13am Aug 21, 2010 11:13am
could be much like they reacted to germany gdp .. which was off the charts .. they sold the strength right away , hammered it in fact.



Quoting Maxsmart
I think the EURO PMI numbers will be very good. Germany's economy is booming and not only did their GDP largely beat expectations but expectations for future GDP has been increased by one full percent. The last PMI numbers were very good as well.

I am short the EUR/USD from 1.29 with my initial target at 1.25 and I am hoping as well that since we have broken below the neckline of the head and shoulders that lossess will accelerate and that we will reach 1.25 before Friday despite good numbers from the EUROZONE.

I am curious...
Blogging daily now at www.volume.zone
  • #284,462
  • Aug 21, 2010 12:13pm Aug 21, 2010 12:13pm
Quoting dothead
is anybody holding the euro over the weekend.??? if so buy? 0r sell?
me. Buy....
  • #284,463
  • Aug 21, 2010 12:58pm Aug 21, 2010 12:58pm
Quoting Magnat
Hi! This is my first post on this forum!
I think we are finished the 4th wave and the 5th wave should begin with goals on 1.35 - then the impuls will be finished and I expect the down movement to new low.
Other view - now we are in wave 2 and we are correct the up movement to 61.8 fibo, so the wave should be end and wave 3 should start. + sp500 on the lower side of channels, 4H and Daily Stohastic in othersold zone.
Urrum, I think you are going in the wrong direction. Step back and look at 1 or 2 year weekly and tell me what you see.

But do whatever, the market will ultimately decide.
  • #284,464
  • Aug 21, 2010 4:54pm Aug 21, 2010 4:54pm
http://www.bloomberg.com/news/2010-0...-majority.html

should be risk negative.....
  • #284,465
  • Aug 21, 2010 5:10pm Aug 21, 2010 5:10pm
Quoting mfoste1
http://www.bloomberg.com/news/2010-0...-majority.html

should be risk negative.....
I hope that this is not another Iraq. Over 5 months since they had an election in which no party had a sufficient majority to form a government, and they are still without a government. At the rate that Iraq is going they will end up with a civil war becase they are having more and more violence resulting from the lack of a real government. Right now they just have an interim government.
  • #284,466
  • Aug 21, 2010 6:14pm Aug 21, 2010 6:14pm
Quoting moonchild
I hope that this is not another Iraq. Over 5 months since they had an election in which no party had a sufficient majority to form a government, and they are still without a government. At the rate that Iraq is going they will end up with a civil war becase they are having more and more violence resulting from the lack of a real government. Right now they just have an interim government.

With no mean of insulting: 　　　 HOW DARE YOU COMPARE AUSTRALIA POLITICS, CITIZENS, ECONOMY AND CIVILIZATION WITH IRAQ!!!!!...

No further comments, obvious my thoughts....
  • #284,467
  • Aug 21, 2010 7:03pm Aug 21, 2010 7:03pm
Quoting jackdan
With no mean of insulting: 　　　 HOW DARE YOU COMPARE AUSTRALIA POLITICS, CITIZENS, ECONOMY AND CIVILIZATION WITH IRAQ!!!!!...

No further comments, obvious my thoughts....

You are correct, Australia will be quite a few thousand years behind Iraq when it comes to civilization. Iraq being the earliest place on earth to develop civilization.
  • #284,468
  • Aug 21, 2010 8:55pm Aug 21, 2010 8:55pm
Quoting mfoste1
http://www.bloomberg.com/news/2010-0...-majority.html

should be risk negative.....
Yawn, the market will overreact like it always does, once the smoke clears I'll waltz on in and buy the retrace.
  • #284,469
  • Aug 21, 2010 10:11pm Aug 21, 2010 10:11pm
Quoting moonchild
You are correct, Australia will be quite a few thousand years behind Iraq when it comes to civilization. Iraq being the earliest place on earth to develop civilization.

Im an Ozi...and Im laffing my head off here. The irony!

I think we are all aware that the aboriginal people of Oz have a fair bit of rich history. Perhaps not quite as much as Iraq...but the rest of us ozzies are a zillion years behind the rest of the world.
As a long term traveller, I have seen this first hand.
We (ozzies generally) tend to live 'down under'...a rock!
You just have to watch the (mostly sleeping) rednecks in Parliament slinging shit at each other non stop. Hilarius...like school kids. Actually quite sad, we pay for that waste.
As you prolly know, yesterday we voted in an election (if that's what you would call it).
It seems the party who can sling more shit onto the other is the winner!?!?
Nobody has much of an idea about the platforms they are each standing on, but hey...we all know what the other party thinks of its opponent, and we are expected to vote on that basis. WTF?!?

Please don't tell me that's just politics world wide...if it is, 'Politics' is the source of all our problems. Shit, now pondering that one...I think it is!!

ps. This Ozi election is so close, still no result at Sunday midday!
We may have a hung parliament. First one since WWII. Perhaps an alternative Gov will get a solid foot in the door and mess up the cosy BS that prevails to support the Gov Mafia that runs this crap for profit for the very few. Dream on punk...dream on.
  • #284,470
  • Edited 11:02pm Aug 21, 2010 10:18pm | Edited 11:02pm
...
  • #284,471
  • Aug 21, 2010 11:38pm Aug 21, 2010 11:38pm
[quote=Buai;3966392]Im an Ozi...and Im laffing my head off here. The irony!

I think...

I also think...maybe its better to be told nada, than to be lied to?
Dumber and...dummerererererererer
  • #284,472
  • Aug 22, 2010 2:28am Aug 22, 2010 2:28am
Quoting jackdan
With no mean of insulting: 　　　 HOW DARE YOU COMPARE AUSTRALIA POLITICS, CITIZENS, ECONOMY AND CIVILIZATION WITH IRAQ!!!!!...

No further comments, obvious my thoughts....
LOl

Ethnocentrism

is the tendency to believe that one's ethnic or cultural group is centrally important, and that all other groups are measured in relation to one's own. The ethnocentric individual will judge other groups relative to his or her own particular ethnic group or culture, especially with concern to language, behavior, customs, and religion.
The term ethnocentrism was coined by William G. Sumner, upon observing the tendency for people to differentiate between the ingroup and others. He described it as often leading to pride, vanity, beliefs of one's own group's superiority, and contempt of outsiders.


http://en.wikipedia.org/wiki/Convicts_in_Australia
  • #284,473
  • Aug 22, 2010 6:20am Aug 22, 2010 6:20am
I remember now why i dont participate in general communication with general public.
My signature is: "Classified".
  • #284,474
  • Aug 22, 2010 8:11am Aug 22, 2010 8:11am
I just posted some EUR related charts in my new thread
  • #284,475
  • Aug 22, 2010 8:23am Aug 22, 2010 8:23am
Quoting pip_daddy
Yawn, the market will overreact like it always does, once the smoke clears I'll waltz on in and buy the retrace.


good luck with that
  • #284,476
  • Aug 22, 2010 9:21am Aug 22, 2010 9:21am
Hope doing well all . Though may not trade well next also for my local trouble yet checking to be updated atleast .

There seems lots of changes last week , pa tried to shortcut & success breaking the first hand confirmation resume downtrend /change medium term uptrend by 1.2720 break in eu , next 2610 & finally 2451 still there though and before that 1.2869 & 2938 ( 200ma h1&H4tf ) still chances to test before down if .

fontu
Attached Image(s) (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #284,477
  • Edited 9:51am Aug 22, 2010 9:38am | Edited 9:51am
i like the way one group had a civilization. and the other was supposedly was living under rocks or swinging from trees . just because modern man has not found some form of written documentation. silly ancient people. next time put your history on dvd so the future generations will not have to waste time fighting over it. and when you do be sure the next civilization does not destroy and erase your history or claim it as their own.

no body knows, on whose bones they walk upon or whose skulls their ancestors drank from. although it makes one feel superior to think it was their own people. Many civilizations were wiped out, for us to be here. Many were raped, many were enslaved. Its in your blood. Wash rinse repeat.

hint.. in the cold regions history last a long time.. its frozen in time. in deserts the same its true. because of climate. ancient people were silly. they preferred to live where they could live. where life was easier to survive. so they lived in places with better climates. the bad thing its not a place where things get preserved easily. they cant even keep the trees from growing on their pyramids.
those who can, do. those who cant, talk about those who can
  • #284,478
  • Aug 22, 2010 10:40am Aug 22, 2010 10:40am
Attached Image (click to enlarge)
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possible outcome with regards to the dollar and EU has a corrective wave
  • #284,479
  • Aug 22, 2010 10:45am Aug 22, 2010 10:45am
Quoting gatorinla
i like the way one group had a civilization. and the other was supposedly was living under rocks or swinging from trees . just because modern man has not found some form of written documentation. silly ancient people. next time put your history on dvd so the future generations will not have to waste time fighting over it. and when you do be sure the next civilization does not destroy and erase your history or claim it as their own.

no body knows, on whose bones they walk upon or whose skulls their ancestors drank from. although it makes one feel...
ok, look forward to the next history lesson.
Enter Signature
  • #284,480
  • Aug 22, 2010 11:12am Aug 22, 2010 11:12am
I did my analysis on EURUSD, feel free to comment.

http://3.bp.blogspot.com/_B8mFdx4tKm...-22+EURUSD.png
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