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  • #296,381
  • Edited 5:43pm Sep 26, 2010 5:02pm | Edited 5:43pm
I think the chart is selfexplaining...let him test what is to test and break what is to break..
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  • #296,382
  • Sep 26, 2010 5:05pm Sep 26, 2010 5:05pm
Quoting pres78
And does the USD gain strenght during a crash?

the usd, yen, chf soar.
  • #296,383
  • Sep 26, 2010 5:07pm Sep 26, 2010 5:07pm
Quoting finanzwelt
I think the chart is selfexplaining...let him test what is to test and break what is to break..
that is a good spirit, let it breake and then follow the big money......the big guys......or the manipulators....or the what you may call it......or let it fall and follow as well, but carefull with the false break outs.....
The Chonchy
  • #296,384
  • Sep 26, 2010 5:07pm Sep 26, 2010 5:07pm
Quoting Bootleger
Last one yes, next one no

last time I checked usd was still world reserve currency
  • #296,385
  • Sep 26, 2010 5:07pm Sep 26, 2010 5:07pm
Quoting pres78
And does the USD gain strenght during a crash?
yes thats the question. Maybe the crash its coming.. that was my view from the last week.

The past friday was strange at my eyes, EUR going up no matter what. Maybe next '29th?

Im waiting 2 days the determine what to do with my EUR/USD position.
Greetings, BeLikewater
  • #296,386
  • Sep 26, 2010 5:09pm Sep 26, 2010 5:09pm
REALLY?!?!?! I AM FILTHY RICH!!!!!

No i can see it! black rain on the standing bone!!! EU is going to 0.5 in a couple of hours!!!

and then... maybe not...

PS just for the record i would really hapilly leave this short at 1.3414. not looking for the fall of the century altough some of my channels show lots of room down) and must admit i ma worried it might still climb above 1.35 for a big fall. 1.352 and 1.355 would be even better places to short... we'll c.



Quoting chonchy

the water from the rain on my roof is falling black, and eather that is a bad sign.....or I need to clean the roof.......
dreams do come true.
  • #296,387
  • Sep 26, 2010 5:10pm Sep 26, 2010 5:10pm
Quoting mfoste1
last time I checked usd was still world reserve currency
It's not because the USD is the world reserve currency that it cannot fall down... the coming currency crisis is gonna be pretty bad
US Dollar is trash... Get out of that Ponzi scheme !!!
  • #296,388
  • Sep 26, 2010 5:10pm Sep 26, 2010 5:10pm
Quoting mfoste1
last time I checked usd was still world reserve currency
was it in 2001 ?

PittBull
  • #296,389
  • Sep 26, 2010 5:12pm Sep 26, 2010 5:12pm
Quoting BeLikeWater
yes thats the question. Maybe the crash its coming.. that was my view from the last week.

The past friday was strange at my eyes, EUR going up no matter what. Maybe next '29th?

Im waiting 2 days the determine what to do with my EUR/USD position.
best thing to do in this scenarios is to be on the side lines and follow the market or the money where ever he goes, if you have a position open hedge it or put a stop on it because the crash is coming, is in the air........

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The Chonchy
  • #296,390
  • Sep 26, 2010 5:14pm Sep 26, 2010 5:14pm
still waiting for EURUSD to fall to 1.25
  • #296,391
  • Sep 26, 2010 5:15pm Sep 26, 2010 5:15pm
Happy trading,

Markus
  • #296,392
  • Sep 26, 2010 5:15pm Sep 26, 2010 5:15pm
Quoting Pitt Bull
was it in 2001 ?

PittBull

the geopolitical and financial conditions were very much different in 2001. This current crash that I believe is here is a continuation of 2008.
  • #296,393
  • Sep 26, 2010 5:18pm Sep 26, 2010 5:18pm
Quoting chonchy
best thing to do in this scenarios is to be on the side lines and follow the market or the money where ever he goes, if you have a position open hedge it or put a stop on it because the crash is coming, is in the air........

http://www.youtube.com/watch?v=manxPVTLth8

chonchy thank you for the very kinds words and vouch my friend!
  • #296,394
  • Sep 26, 2010 5:19pm Sep 26, 2010 5:19pm
Quoting mfoste1
the usd, yen, chf soar.

of course it will
  • #296,395
  • Sep 26, 2010 5:20pm Sep 26, 2010 5:20pm
there is a video from the video store that I can't find right now, that Peter Shifft from Crash Proof 2.0, say that this time the dollar is going to fall as well, don't mind me, he is the one, and he is good let me tell you
The Chonchy
  • #296,396
  • Sep 26, 2010 5:21pm Sep 26, 2010 5:21pm
Quoting mfoste1
the geopolitical and financial conditions were very much different in 2001. This current crash that I believe is here is a continuation of 2008.
and for that the US$ is no world reserve currency anymore...

PittBull
  • #296,397
  • Sep 26, 2010 5:21pm Sep 26, 2010 5:21pm
[quote=chonchy;4049739]best thing to do in this scenarios is to be on the side lines and follow the market or the money where ever he goes, if you have a position open hedge it or put a stop on it because the crash is coming, is in the air.......

So you see the euro falling back too??

Or are you also referring to stocks?

I know everyone was talking about the Hindenburg Omen during August. Pretty interesting theory.
  • #296,398
  • Sep 26, 2010 5:22pm Sep 26, 2010 5:22pm
Quoting Pitt Bull
and for that the US$ is no world reserve currency anymore...

PittBull

yes it is......look at us treasury yields.
  • #296,399
  • Sep 26, 2010 5:30pm Sep 26, 2010 5:30pm
Quoting mfoste1
yes it is......look at us treasury yields.

EUR/US$

and on my yearly 3 month winter vacation in florida, when I come
with my pockets full of EURīs

thatīs enoughe to see for me...

PittBull
  • #296,400
  • Sep 26, 2010 5:31pm Sep 26, 2010 5:31pm
Quoting mfoste1
chonchy thank you for the very kinds words and vouch my friend!
the thanks are for you my friend for all the endless hours that you spend teaching and charing your views here for the new comers to learn or have a bether understanding of this monster call the markets, I just wish the old timers have a little patience with the newcomers and come back to share their views to this great tread, because it is a great tread, it just get carry away some times in the eximent but don't we all get there some time or another, I remember when I started I used to argue with my mentor the dove_alliance that he was wrong here and wrong there, and the one that was wrong was me all the time, je, je but we all go true this ego busting and tray to show what we have learn over the years, but if the newbies listen more and keep silent on a sofa in the back with some popcorn like Jay
Walker saids, maybe the old timers come back and share more their wisdom, now I'm sorry but I have to go trade this false breake out or continuation to the north what ever turn out to be but I can't trade and post at the same time, sorry I'm desable on that mather, good luck and listen to the old timers, like Driver55 that saids that the chf is going down further so that means tha yurow will go further north, sorry for the rant, and for the ones that don't know me, here you go

Inserted Video
The Chonchy
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