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  • #326,841
  • Nov 16, 2010 9:29am Nov 16, 2010 9:29am
Quoting fontu
I am just in for the day, tp set 3525 & then will pullback for 3673 or nearer again for final entry down .
Hope done well today.
1.3500 is a target that could turn it to the upside but 1.367 is confirmation for it to go higher
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  • #326,842
  • Nov 16, 2010 9:29am Nov 16, 2010 9:29am
Quoting PriceVolume
Good luck to you as well.
looks like the old Apollo mission slingshot around the moon.
those who can, do. those who cant, talk about those who can
  • #326,843
  • Nov 16, 2010 9:31am Nov 16, 2010 9:31am
It looks pretty bad at the moment. Again the ball is not in economics but in Germany and to lesser extend France political leadership. As soon as they pull the plug or turn around the problems, this can threaten not only the continuity of the Euro but a huge wave in the world financial markets.

sisse

Quoting iflyjetzzz
The significance of Austria's actions is huge. This is likely to cause other nations to follow.
We are watching the breakup of the Euro in slow motion.
Pending conversations? PM for a chat...I am mainly in OTM now
  • #326,844
  • Nov 16, 2010 9:32am Nov 16, 2010 9:32am
Quoting cloggie
Austria is giving a clear signal, if you don't get your house in order and reduce your deficit, don't come knocking on my door.
Yes but if they refuse to give out their share...don't you think they hide something so they are keeping the money for themself
COT: The precious data ignored
  • #326,845
  • Nov 16, 2010 9:33am Nov 16, 2010 9:33am
Quoting cloggie
Austria is giving a clear signal, if you don't get your house in order and reduce your deficit, don't come knocking on my door.
Austria is playing a legitimate game where does not want to see 'free riders' looking for help.
  • #326,846
  • Nov 16, 2010 9:34am Nov 16, 2010 9:34am
Quoting kuroro001
Yes but if they refuse to give out their share...don't you think they hide something so they are keeping the money for themself
austria is kind of next to swiss the only country still having a vital and healthy economy. no wonder they don't like the idea of being exploited.
  • #326,847
  • Nov 16, 2010 9:36am Nov 16, 2010 9:36am
guys looks at gbpusd lol
love it!
COT: The precious data ignored
  • #326,848
  • Nov 16, 2010 9:37am Nov 16, 2010 9:37am
...... murrey ....
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  • #326,849
  • Nov 16, 2010 9:38am Nov 16, 2010 9:38am
Quoting cloggie
Sky for one refuses to take of his rose tinted glasses, he is still stuck up a tree somewhere.
we got a hole in the usdx weekly and the floor of the eu.. if when it opens it will wtf.
bdi is showing the same as cic... commodities are gonna take a bath. China will be forced to raise or be overthrown. Inflation did to the SU and the u.s. is doing it to china officials. Damn who would of thunk...
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those who can, do. those who cant, talk about those who can
  • #326,850
  • Nov 16, 2010 9:39am Nov 16, 2010 9:39am
gator, do you have bounceable target in the nearer vicinity?
  • #326,851
  • Nov 16, 2010 9:39am Nov 16, 2010 9:39am
Quoting Driver55
Hi guys,


we are in an very old battlefield area...

Levels for today :

upper limit --> 3663
balancepoint --> 3605
lower limit --> 3546

Long @ 3546
The best thing that can happen to you is to find out where you're wrong.
  • #326,852
  • Nov 16, 2010 9:40am Nov 16, 2010 9:40am
Quoting Mr Hatch
gator, do you have bounceable target in the nearer vicinity?
3333
those who can, do. those who cant, talk about those who can
  • #326,853
  • Nov 16, 2010 9:40am Nov 16, 2010 9:40am
wow markets are taking a pounding....
  • #326,854
  • Nov 16, 2010 9:43am Nov 16, 2010 9:43am
Quoting gatorinla
3333
  • #326,855
  • Nov 16, 2010 9:45am Nov 16, 2010 9:45am
Quoting gatorinla
who would of thunk?
Gator, you've been on this for quite a while ... and I've been in violent agreement with you.
But to answer the question - any economic historian would have told you (as in plural you) that a single currency among multiple sovereign countries is completely unworkable in the long term.
In order for a single currency to be workable, it would have required the Eurozone to become a single country. That will never happen; too many differences between the countries.
For those that aren't following my babbling, please study US history. Each colony/state had its own currency. It took a long time before pulling all of them together under one common currency. And it required individual states to surrender its sovreignity.
These history lessons are lost on those that believe that the Euro is a long term currency.
  • #326,856
  • Nov 16, 2010 9:46am Nov 16, 2010 9:46am
Quoting Driver55
Long @ 3546
are you scaling in..or full in?
  • #326,857
  • Nov 16, 2010 9:48am Nov 16, 2010 9:48am
Quoting PayTheLimit
Also something smells in the Gold market, dont know what it is...
Gator do you smell anything? Thnx for that chart bud, PTL
Look Sharp/Trade Tight
  • #326,858
  • Nov 16, 2010 9:49am Nov 16, 2010 9:49am
Quoting mfoste1
wow markets are taking a pounding....
Flight into the safety of the Dollar right now. Lesser of all evils scenario. All eyes on Brussels later.
  • #326,859
  • Nov 16, 2010 9:50am Nov 16, 2010 9:50am
found this..
2 timeframes of same chart.
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  • #326,860
  • Nov 16, 2010 9:50am Nov 16, 2010 9:50am
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