EURUSD

Nice H1 and H4 candles and divergence showed up. I'm looking for longs in short term.
First long 1.2628, sl 1.2618 tp 1.2670

I'm still short..and yes we may need to go up before we go down

you speak my language...

Yah definetly, but i stay out of Canada these days, its not agreeing with my stuff.

E/C seeing some buying...

you could be correct

There must be some tense around regarding the document by SNB thrown in this thread by Gator or someone before him yesterday, seeing eur/chf dipping at 1.3130....

stopped at BE
It's strange... very good news from EU zone and nothing happened.
Looks like everyone is waiting for housing data.

http://chart.ly/krq2d8h

Free fall or falling knife with no floor in sight. If I had to guess, 1.24 is the target area

Lets get a little movement back here...

So slow day for me today so for entertainment i will tell you guys a little story from real life (and no this is not off topic).

Me and my wife where visiting her relatives last week, giving me a one day break from trading on friday. Anyway me, my wife and one of her relatives went into town for lunch and met up with a friend. My wifes relative was surprised to know she could get any cash from the ATM, and then she remembered, she dont have any money, so she cant get cash, though she can use credit on her mastercard. She told us that she, aswell as the friend we met up with, live off of credit all the time. Most months both of them end up on credit before the month is over.
Though i did not think these things where appropriate for lunchtime conversation i did not bring this up.

But really, they are normal people, normal families, normal incomes, normal houses/apartments and so on. Other then theyre montly credit they live in houses they dont own, the bank does.

So every month they lend money from someone in order to pay for sustenance and housing of themselves and theyre children and spouses/wifes. They dont own theyre house, and the tools they use to get to work everyday (the car). Does this ring a bell?

There is one very appropriate word for it: SLAVERY. Its been going on since the dawn of civilisation 6.000 years ago in what is now Irak and Iran. And people think that things change, that they are more free then peoples of the old? Why do they belive this? Well i bet people of old times thought so to.
If people dont realise it, the better for the elit. If people deny it to protect theyre ego, the better for the elit.

Now it havent actually been like this forever, at least not in sweden where i live. In the 60 and 70 is people actually bought and paid for theyre own house instantly, regular people with regular jobs. If you study history like i have, maybe you will see what slavery really is, and what this world is really like. Only this time around some crazy, uneducated people are pushing for a world governmet, a ludicrous idea that will very rapidly plunge us into chaos within the very short term of say 30-40 years if that becomes so.

HERE WE GO

Looks like another leg down coming...I'm bidding 83

http://uk.reuters.com/article/idUKTR...oreignExchange

quite a lot to read and only a few hours slept.

tps put down and sl down too.

should have spent my time looking for another short and not reading this LOL

16 positions short by now. and adding.

enjoy.

hapipipin

0922 GMT [Dow Jones] EUR/GBP's decline has once again stalled in the 0.8150 area to climb back above 0.82. However Lloyds Banking Group is holding out, with its call for a return to the June lows of around 0.8070 based on EUR/USD underperforming due to widening peripheral euro zone spreads and lower correlation of GBP/USD with equities compared with EUR/USD. EUR/GBP at 0.82, GBP/USD at 1.5405 and EUR/USD 1.2630. ([email protected])

16? what lot size ?

I set off shyly only short, I started recently the forex.

I tend to agree with you 1.2400 is a good target zone to recover your shorts

Why are people adding to shorts with no break the 50fb at he 1.2603 level ?
Closed my short at 1.2608, entry 1.2656. 48pips

And now looking for a bounce. BUY 1.2603, SL@ BE, TP : 1. 2637