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  • #341,141
  • Dec 7, 2010 10:53am Dec 7, 2010 10:53am
Ireland budget news can have 'buy rumor, sell news' effect... positive outcome is already priced in to a large extent..
  • #341,142
  • Dec 7, 2010 10:54am Dec 7, 2010 10:54am
Quoting Abu-Rami
Well these are only a stop point you can call it a rest point.. but for what under these boxes we have a lots of point....

Check the chart and pick your points
Any one would like to start or shall i
  • #341,143
  • Dec 7, 2010 10:56am Dec 7, 2010 10:56am
ECB Propaganda:

BRUSSELS (Dow Jones)--The euro has proved it is a reliable currency and Europe's economy has good prospects, Russia's President Dmitry Medvedev said Tuesday after meeting European Union leaders.

"We are sure that the euro, being a global reserve currency, has been proved legitimate and valid," Medvedev said after a summit with the European Union's Commission President Jose Manuel Barroso and Herman Van Rompuy, president of the European Council. "We are sure Europe is going to have good prospect."

By Alessandro Torello, Dow Jones Newswires; +32 2 741 14 88; [email protected]
  • #341,144
  • Dec 7, 2010 11:03am Dec 7, 2010 11:03am
Quoting Purple
ECB Propaganda:

BRUSSELS (Dow Jones)--The euro has proved it is a reliable currency and...
Just fantasy
Russian make union with EZ and had one reserved currency
  • #341,145
  • Dec 7, 2010 11:03am Dec 7, 2010 11:03am
Quoting Purple
ECB Propaganda:

BRUSSELS (Dow Jones)--The euro has proved it is a reliable currency and...


that could trigger more shorts lol .
I SEE YOU !!
  • #341,146
  • Dec 7, 2010 11:06am Dec 7, 2010 11:06am
Quoting goods
Gator, I learned something new from you the other day. You corrected me on my TL to cross through the fake out.

Here it is in more context of the picture. You have been right since you posted my correction.

Thanks man.
3 pokes is usually all it takes to break one. pokes not touches.
those who can, do. those who cant, talk about those who can
  • #341,147
  • Dec 7, 2010 11:07am Dec 7, 2010 11:07am
3200 looks better and better.
  • #341,148
  • Dec 7, 2010 11:08am Dec 7, 2010 11:08am
I think is a good opportunity to sell from 1.3350. Take profit 1.3370.
Lost stop 1.3350.
What do you think?
  • #341,149
  • Dec 7, 2010 11:08am Dec 7, 2010 11:08am
Quoting PipChick
Have a good day everyone. Im off to wrap gifts. (or nap)
your gonna miss it.. maybe,,,
those who can, do. those who cant, talk about those who can
  • #341,150
  • Dec 7, 2010 11:09am Dec 7, 2010 11:09am
Quoting egkid
Any one would like to start or shall i

3274 should be the nice sweet spot for shorts... thats where i am waiting after scalping down for a bit..
  • #341,151
  • Dec 7, 2010 11:10am Dec 7, 2010 11:10am
Quoting snatch
3274 should be the nice sweet spot for shorts... thats where i am waiting after scalping down for a bit..
and missing all the fun till there and trapped at 1.3250 ?
  • #341,152
  • Dec 7, 2010 11:10am Dec 7, 2010 11:10am
100 pip move down in 3 hours...1.3400 strong R
  • #341,153
  • Dec 7, 2010 11:11am Dec 7, 2010 11:11am
oh c'mon G...she's gonna wrap you a gift.

Quoting gatorinla
your gonna miss it.. maybe,,,
"As Kids we believe Anything is Possible; the Trick is to never forget it!"
  • #341,154
  • Dec 7, 2010 11:11am Dec 7, 2010 11:11am
Notice how whenever their is 'news' of fresh bond buying... their is no source quoted by Dowjones.. :

1611 GMT [Dow Jones] The ECB has bought Irish sovereign bonds Tuesday, traders say, as the 10-year Irish yield spread to bunds tightens 26bps to 508bps. From buying across the curve, the ECB's emphasis shifted to shorter-dated paper as the buying progressed, according to one trading desk. ([email protected])

Contact us in London.
...........

Its says 'according to one trading desk'... its all rumors spread by ECB.. they tell Dowjones to publish it, in order to contain markets... they dont have flexibility like US govt when it comes to QE....

When bank and trader name is quoted.. its news.. when their is no source quoted .. its just a rumor..
  • #341,155
  • Dec 7, 2010 11:12am Dec 7, 2010 11:12am
and here we go, 61 fib @ 3306 of yesterdays unnecessary up push .
I SEE YOU !!
  • #341,156
  • Dec 7, 2010 11:12am Dec 7, 2010 11:12am
As ive posted earlier already...
Attached Image(s) (click to enlarge)
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  • #341,157
  • Dec 7, 2010 11:15am Dec 7, 2010 11:15am
Quoting Abu-Rami
and missing all the fun till there and trapped at 1.3250 ?

there was not much fun today.. apart from my sudchf long which was a clean trade; all the others were dirty as hell... patience rami
  • #341,158
  • Dec 7, 2010 11:16am Dec 7, 2010 11:16am
15 min candles closing confirmation below daily pivot 133.25
  • #341,159
  • Dec 7, 2010 11:17am Dec 7, 2010 11:17am
3201 has a st target according to pa. still has to take 3300 and 324x area.
Attached Image (click to enlarge)
Click to Enlarge Name: bear5.PNG Size: 37 KB
those who can, do. those who cant, talk about those who can
  • #341,160
  • Dec 7, 2010 11:18am Dec 7, 2010 11:18am
1H Candle closed and new one open under the fibo line... next target 1.3250 then 1.3210
Attached Image (click to enlarge)
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