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  • #332,701
  • Nov 25, 2010 5:26am Nov 25, 2010 5:26am
Quoting PayTheLimit
Not the best, might just blow out of the bastard if we push up again..
watch out we made a reversal patern... w or inverted head shoulder...
  • #332,702
  • Nov 25, 2010 5:26am Nov 25, 2010 5:26am
Quoting bbakker
CHFJPY? Yes I am still long on that one too since yesterday's low.
sorry I meant USDCHF and USDJPY.
I SEE YOU !!
  • #332,703
  • Nov 25, 2010 5:27am Nov 25, 2010 5:27am
Quoting PayTheLimit
fool, nice out at a half, you left me holding the bag brother.....
sorry amigo, my scalper finger gets pretty itchy around the 50 and 00

shoulda turned around with it tho

but i'm out til thursday night
"If The Fool persists in his Folly he will become wise." - William Blake
  • #332,704
  • Nov 25, 2010 5:29am Nov 25, 2010 5:29am
Quoting bbakker
I think you misunderstood this article and it has nothing to do with brain washing the masses that everything outside the island is bad. I really don't understand how you came to that conclusion.

What it points out is that IF a Euro country WERE to leave the EURO, it would actually have a detrimental effect on the country as the new local currency would depreciate against the Euro, but the debt would still be in Euros and therefore the actual debt would INCREASE and people would keep their savings in Euros and there would be a flight of capital...
Sure I agree with your comments but I think you are not getting mine. An article on the BBC about "High Finance" is not aim for people working on the field not even for most in FF. just read the headline " Leaving the euro: how would it work?"

If you follow mass press and put it in the context of their target audience (and i am talking about BBC, but all the major UK press in the last few months) you can notice that 20 sec memory for the masses is the HEADLINE and the key message is HOW smart (or dumb the others) we are of not joining the Euro. If you got it you will never go out, etc ,etc. The rest of the article is finance not even 101 which is fair enough given the target audience, but the concept is misleading and title is sensationalist at least and doesnt match the content (like most of the headlines in mass media these days).

In any case, is a matter of perspective. Maybe I am reading too much between lines or maybe not, one thing for sure is a wouldn't take an opinion article from BBC that seriously.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #332,705
  • Nov 25, 2010 5:30am Nov 25, 2010 5:30am
Quoting PayTheLimit
short 3300, sl 3350, tp 3200...
paid 3325, -25...
Look Sharp/Trade Tight
  • #332,706
  • Nov 25, 2010 5:31am Nov 25, 2010 5:31am
Quoting The Fool
sorry amigo, my scalper finger gets pretty itchy around the 50 and 00

shoulda turned around with it tho

but i'm out til thursday night
I just went 0 for 2, done with them, going for some eats, and cocktails shortly, have a good one...
Look Sharp/Trade Tight
  • #332,707
  • Nov 25, 2010 5:38am Nov 25, 2010 5:38am
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  • #332,708
  • Nov 25, 2010 5:40am Nov 25, 2010 5:40am
Quoting sisse
Sure I agree with your comments but I think you are not getting mine. An article on the BBC about "High Finance" is not aim for people working on the field not even for most in FF. just read the headline " Leaving the euro: how would it work?"

If you follow mass press and put it in the context of their target audience (and i am talking about BBC, but all the major UK press in the last few months) you can notice that 20 sec memory for the masses is the HEADLINE and the key message is HOW smart (or dumb the others) we are of not joining...
Fair enough and valid points. I always take media with a pinch of salt but the article does highlight that EZ countries that have the Euro will not have an easy time if they did want to leave the currency. It is a damned if you do, damned if you don't and hence an attractive option available to them is to default on their debts.

I don't fall for cheap headlines and sensationalised content as I prefer fact, not fiction, so I read between the lines and select the factual content, but then again maybe "I am smarter than the average bear!"

Now back to my IBM Websphere training. I am waiting for my webserver to be added to my cluster in our lab session.
  • #332,709
  • Nov 25, 2010 5:41am Nov 25, 2010 5:41am
Quoting TudorJonesJR
watch out we made a reversal patern... w or inverted head shoulder...
I am watching 3331/33 on the hourly close....
Look Sharp/Trade Tight
  • #332,710
  • Nov 25, 2010 5:42am Nov 25, 2010 5:42am
london noon....should be some action..wait for the next hour to see..banks are closed here in the states..
  • #332,711
  • Nov 25, 2010 5:46am Nov 25, 2010 5:46am
Maybe we could close on friday slightly above the 38,2 fib at 1,3635.
If this is a resume of the uptrend the weekly candle shouldn't
look as ugly as it looks now. It is still a good price to buy now
  • #332,712
  • Nov 25, 2010 5:48am Nov 25, 2010 5:48am
http://www.guardian.co.uk/world/rich...h-korea-allies



Americans... please elect her for US president... it will be a hoot!
  • #332,713
  • Nov 25, 2010 5:51am Nov 25, 2010 5:51am
You MUST be kidding.

WOW : "A slip of the tongue by Sarah Palin mixing up North and South Korea is a reminder of the credibility hurdles she faces" LOL

Quoting bbakker
http://www.guardian.co.uk/world/rich...h-korea-allies



Americans... please elect her for US president... it will be a hoot!
Hello.
  • #332,714
  • Nov 25, 2010 5:54am Nov 25, 2010 5:54am
Quoting emene
You MUST be kidding.

WOW : "A slip of the tongue by Sarah Palin mixing up North and South Korea is a reminder of the credibility hurdles she faces" LOL
Of course I am! Sarcasm doesn't translate well and as Oscar Wilde said "Sarcasm is the lowest form of wit" LOL
  • #332,715
  • Nov 25, 2010 5:55am Nov 25, 2010 5:55am
Quoting bbakker
Fair enough and valid points. I always take media with a pinch of salt but the article does highlight that EZ countries that have the Euro will not have an easy time if they did want to leave the currency. It is a damned if you do, damned if you don't and hence an attractive option available to them is to default on their debts.

I don't fall for cheap headlines and sensationalised content as I prefer fact, not fiction, so I read between the lines and select the factual content, but then again maybe "I am smarter than the average bear!"

Now...
Quoting bbakker
http://www.guardian.co.uk/world/rich...h-korea-allies

http://cdn.forexfactory.com/images/s..._the_floor.gif

Americans... please elect her for US president... it will be a hoot! http://cdn.forexfactory.com/images/s..._the_floor.gif
Lol. Going back to the pair. I think the intraday lows rejection was clear but it left the door wide open in a daily chart. Textbook US holiday day action. Nothing to do in my books but I guess fast intraday timeframes traders can have some room in the choppy, range action till London close.

We'll see and good luck to all in trades

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #332,716
  • Nov 25, 2010 5:58am Nov 25, 2010 5:58am
Quoting bbakker
http://www.guardian.co.uk/world/rich...h-korea-allies



Americans... please elect her for US president... it will be a hoot!

she should be at least vice-president (and responsible for media tasks )
.but if she would be the real candidate of the republicans than that is because they want obama to be the president .
  • #332,717
  • Nov 25, 2010 6:00am Nov 25, 2010 6:00am
Quoting bbakker
http://www.guardian.co.uk/world/rich...h-korea-allies



Americans... please elect her for US president... it will be a hoot!
She's a clown. And they might just put her in there anyway just to prove they can do it. They could put a parrot in office and the policies would not change. The President is just a mouthpiece anyway. He does what he is told to do. Isn't that obvious by now?
  • #332,718
  • Nov 25, 2010 6:01am Nov 25, 2010 6:01am
Looking another opportunity to short Eu at 1.334X area to 1.335X area with 30 pips SL.............
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  • #332,719
  • Nov 25, 2010 6:01am Nov 25, 2010 6:01am
Quoting sisse
Lol. Going back to the pair. I think the intraday lows rejection was clear but it left the door wide open in a daily chart. Textbook US holiday day action. Nothing to do in my books but I guess fast intraday timeframes traders can have some room in the choppy, range action till London close.

We'll see and good luck to all in trades

sisse
I pulled my order last night with entry at 1.3290 and SL at 1.3280 after I got stopped out at BE on my 2 remaining runners (1.3308) that I placed yesterday. Oh well.... sheeet happens! lol. Plenty of other currency pairs to trade.

Have a great trading day... instructor is speaking again!
  • #332,720
  • Nov 25, 2010 6:02am Nov 25, 2010 6:02am
I would rather expect that eur/usd must go up. Because 13300-13280 is strong supports.
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