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Attachments: EURUSD
Exit Attachments

EURUSD

  • #354,501
  • Dec 30, 2010 5:07am Dec 30, 2010 5:07am
Attached Image (click to enlarge)
Click to Enlarge Name: eu left.jpg Size: 66 KB


Attached Image (click to enlarge)
Click to Enlarge Name: eu right.jpg Size: 67 KB
  • #354,502
  • Dec 30, 2010 5:07am Dec 30, 2010 5:07am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting mikej2010
channel within channel developed in last 2 hours ...
I like how one of your channels shows the connection between this channel, and the former channels upmove.

I wonder if in an alternate universe that means anything. HMM
  • #354,503
  • Dec 30, 2010 5:08am Dec 30, 2010 5:08am
Quoting apt
He means, Chinese Yuan is worth nothing.

http://www.foreignexchangeservice.co...-US-Dollar.jpg
So you don't think they might be getting out of $ then?
You can remain irrational longer than you can remain solvent.
  • #354,504
  • Dec 30, 2010 5:08am Dec 30, 2010 5:08am
I like how some of you are posting your loses. When I first joined this forum I noticed mostly everyone would post only their winners. So as a gag I posted my entry as the absolute bottom and my exit as the absolute top and nobody even question it lol. next thing you know I have 10 vouches
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #354,505
  • Dec 30, 2010 5:08am Dec 30, 2010 5:08am
Quoting jezek5
What on earth do you mean by that statement?
No assets to back up the purchase of the Debt.

Chinese currency is artificially devalued and pegged to the artificially devalued U.S. dollar.

Debt on debt on debt, bubble on bubble, how ever you want to word it.

Bank holds your title on a home loan, your home is the 'asset' ..

China holds a bond, no assets, and there are no assets for the purchase of the debt of U.S. or Europe.
  • #354,506
  • Dec 30, 2010 5:11am Dec 30, 2010 5:11am
Quoting mikej2010
No assets to back up the purchase of the Debt.

Chinese currency is artificially devalued and pegged to the artificially devalued U.S. dollar.

Debt on debt on debt, bubble on bubble, how ever you want to word it.

Bank holds your title on a home loan, your home is the 'asset' ..

China holds a bond, no assets, and there are no assets for the purchase of the debt of U.S. or Europe.

They pretty short at the moment to me ,but that's a market isn't it.

http://kingworldnews.com/kingworldne...urrencies.html
You can remain irrational longer than you can remain solvent.
  • #354,507
  • Dec 30, 2010 5:12am Dec 30, 2010 5:12am
Quoting england33
I like how some of you are posting your loses. When I first joined this forum I noticed mostly everyone would post only their winners. So as a gag I posted my entry as the absolute bottom and my exit as the absolute top and nobody even question it lol. next thing you know I have 10 vouches
win some lose a lot eat some watery shittt at the end we make some stony shitt and u cant get out

happy green year best of luck
  • #354,508
  • Dec 30, 2010 5:12am Dec 30, 2010 5:12am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting england33
I like how some of you are posting your loses. When I first joined this forum I noticed mostly everyone would post only their winners. So as a gag I posted my entry as the absolute bottom and my exit as the absolute top and nobody even question it lol. next thing you know I have 10 vouches
I lose everyday, if I ever make a post that I won, I am just probably drunk and lost anyways.
  • #354,509
  • Dec 30, 2010 5:13am Dec 30, 2010 5:13am
Quoting mikej2010
and there are no assets for the purchase of the debt of U.S. or Europe.
Yet... We could always be sold out by our government.


  • #354,510
  • Dec 30, 2010 5:13am Dec 30, 2010 5:13am
Quoting kill56

happy green year best of luck
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #354,511
  • Dec 30, 2010 5:16am Dec 30, 2010 5:16am
Quoting jezek5
It's not about the $ thismorning,everything is in chunnel,
must be the end of month payment by uk to the eu.
Anyway,it's all about chunnel thismorning.
You can remain irrational longer than you can remain solvent.
  • #354,512
  • Dec 30, 2010 5:16am Dec 30, 2010 5:16am
GBP/USD is currently negotiating the downward sloping trendline as to wether to break it or bounce off of it for support.

Trendline has now been breached we will now have to wait as see how the candle closes to determine if it will bounce or continue its fall

EUR/USD bulls and bears still fighting. We will have to wait and see who wins.
  • #354,513
  • Dec 30, 2010 5:18am Dec 30, 2010 5:18am
1.3350s opening up for sellers..
  • #354,514
  • Dec 30, 2010 5:19am Dec 30, 2010 5:19am
Quoting akhtergroup
1.3350s opening up for sellers..
?
  • #354,515
  • Dec 30, 2010 5:19am Dec 30, 2010 5:19am
Tempted to go long again...the hell with it I'm done for the year
Look Sharp/Trade Tight
  • #354,516
  • Dec 30, 2010 5:21am Dec 30, 2010 5:21am
Short EuroUSD, target 1.3185
{Promotion Removed}
  • #354,517
  • Dec 30, 2010 5:21am Dec 30, 2010 5:21am
Quoting PayTheLimit
Tempted to go long again...the hell with it I'm done for the year
I wouldn't as of yet .. just with data coming out soon and the thin market.
Attached Image (click to enlarge)
Click to Enlarge Name: nolong.jpg Size: 94 KB
  • #354,518
  • Dec 30, 2010 5:24am Dec 30, 2010 5:24am
Quoting mikej2010
?

Sellers are getting ready to enter. What's so confusing about that?

Prints above >1.3350's should be the last high print before a $1.2690 print. This seems to be the general bias on the grapevine.
  • #354,519
  • Dec 30, 2010 5:25am Dec 30, 2010 5:25am
Quoting akhtergroup
Sellers are getting ready to enter. What's so confusing about that?
2 things ...

why 1.3350 when it hasn't even come close to being breached ...

and how do you know sellers are ready to enter? based on what for that particular level?
  • #354,520
  • Dec 30, 2010 5:26am Dec 30, 2010 5:26am
GBP/USD exit is now revised up to 1.5370

EUR/USD bulls and bears still fighting.
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