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  • #375,481
  • Jan 29, 2011 12:39pm Jan 29, 2011 12:39pm
Quoting attila
french->Napoleon, Bolshevik->Communism, 1979-Iran, they are usually being taking over by the dark side in the end. as to the american rev had nothing to do with slaves and maybe it was the exception

edit: wait, you got me all confused here. They called it Revolution (the american) but it was an Independence war actually, against a foreign power. I was mostly thinking about internal revolutions.....
lets take iran

they are now a democratic country ruled by the ppl.
  • #375,482
  • Jan 29, 2011 12:41pm Jan 29, 2011 12:41pm
OK.... I'm not gonna touch that.
Quoting kill56
lets take iran

they are now a democratic country ruled by the ppl.
  • #375,483
  • Jan 29, 2011 12:41pm Jan 29, 2011 12:41pm
Quoting FibbinArchie
going by twitter feeds, gonna be another big night of protests in cairo, hope eg is ok...
live coverage...
http://english.aljazeera.net/watch_now/
  • #375,484
  • Jan 29, 2011 12:46pm Jan 29, 2011 12:46pm
Quoting FibbinArchie
live coverage...
http://english.aljazeera.net/watch_now/

hey bro how is u weekend


i dont know where u live , u can also go to aljazeera english tv its live too
  • #375,485
  • Jan 29, 2011 12:48pm Jan 29, 2011 12:48pm
Quoting kill56
hey bro how is u weekend


i dont know where u live , u can also go to aljazeera english tv its live too
Hey kill, I'm in the UK, just west of London, how goes it in Jordan?
  • #375,486
  • Jan 29, 2011 12:49pm Jan 29, 2011 12:49pm
Quoting Martingale
. have you ever though of maintaining a blog or a website?
Nah, ain't gonna happen.
  • #375,487
  • Jan 29, 2011 12:51pm Jan 29, 2011 12:51pm
Quoting FibbinArchie
how goes it in Jordan?

Jordan is very water poor (bottom 5 in the world), has a large unemployed younger generation (close to 1 million unemployed, mostly working abroad) and may well be next on the "agenda". A million Egyptian workers in Jordan with a population a little over 6 million, they will be watching closely.
  • #375,488
  • Jan 29, 2011 12:56pm Jan 29, 2011 12:56pm
Quoting FibbinArchie
Hey kill, I'm in the UK, just west of London, how goes it in Jordan?

still cool in here , but who knows

man miss the UK spend five years there 74-79 Leeds , last time i was there 87
  • #375,489
  • Jan 29, 2011 12:57pm Jan 29, 2011 12:57pm
Quoting kill56
still cool in here

What's the feeling on the ground there?
  • #375,490
  • Jan 29, 2011 1:01pm Jan 29, 2011 1:01pm
Quoting cloggie
Jordan is very water poor (bottom 5 in the world), has a large unemployed younger generation (close to 1 million unemployed, mostly working abroad) and may well be next on the "agenda". A million Egyptian workers in Jordan with a population a little over 6 million, they will be watching closely.
already starting according to the news wires...
  • #375,491
  • Jan 29, 2011 1:04pm Jan 29, 2011 1:04pm
Quoting kill56
still cool in here , but who knows

man miss the UK spend five years there 74-79 Leeds , last time i was there 87
you old man!! I was was still in nursery school in the 70's...

I take it you were at Leeds Uni... Some nice countryside up there in the Yorkshire Dales...
  • #375,492
  • Jan 29, 2011 1:05pm Jan 29, 2011 1:05pm
Quoting cloggie
What's the feeling on the ground there?

lol u know about jordan more than me

wish we are next ppl are dieing here , we had a middle class befor i left in 1987 , came back 2004 its not there any more vanished , i think yemen or algeria will be next
  • #375,493
  • Jan 29, 2011 1:11pm Jan 29, 2011 1:11pm
Quoting FibbinArchie
you old man!! I was was still in nursery school in the 70's...

I take it you were at Leeds Uni... Some nice countryside up there in the Yorkshire Dales...
old but active little kill is 9 m old now

yap thinking of retiring over there its gorgeous
  • #375,494
  • Jan 29, 2011 1:31pm Jan 29, 2011 1:31pm
Quoting kill56
old but active little kill is 9 m old now

yap thinking of retiring over there its gorgeous
Congrats on the ankle biter...
  • #375,495
  • Jan 29, 2011 1:42pm Jan 29, 2011 1:42pm
Quoting kill56
wish we are next ppl are dieing here , we had a middle class befor i left in 1987 , came back 2004 its not there any more vanished , i think yemen or algeria will be next
James Traub (prolific author and member of Council on Foreign Relations) writes this is this month's Foreign Policy:

"Even democracy-promotion firebrands in the Bush administration accepted the logic of soft-pedaling criticism of Middle East allies. But that logic grows more questionable with every passing day, as the regimes lose their ability to contain the public outrage they have themselves provoked through their evident contempt for their own citizens; fury at official corruption and nepotism has just overthrown President Zine el-Abidine Ben Ali of Tunisia. Yes, the United States still needs many of these states for oil, for regional diplomacy, for investment, and as a counterweight to Iran. Calls for reform will always be constrained by a broader diplomatic calculus. But the time has come -- as a matter not just of commitment to principle but of national security -- to align the United States more clearly and convincingly on the side of those who clamor for change."

The Strategic Perimeter of the US extends through Suez and Hormuz, and policy mandates intervention in cases of Islamic fundamentalism threatening to replace current governments, almost regardless of how despotic. But Tunisia was not that, and increasingly Egypt does not look to be that, either. We need to watch the statements out of Washington more closely, I think, than we need to watch the movements of the US Sixth Fleet.
  • #375,496
  • Jan 29, 2011 1:43pm Jan 29, 2011 1:43pm
Hi Everyone, I've missed the last move, since I never trade on Fridays, however I would appreciate if anyone could tell what was the factors to influence the decline, I must be blind, but just can't t find anything inparticular, unless Sarkozy took his words back. Frankly, I've expected a new high as the last leg in uprising wedge to reach and probably cross 3780, before reversal.
  • #375,497
  • Jan 29, 2011 2:05pm Jan 29, 2011 2:05pm
Quoting fontu
Hope doing well Markus , what about the 5th wave counts now in the complex in complex ? found clear possibilities ?
"Elliottican"? yes when asked traders 4 years back that which analysis technique most fit to describe wave , all said , elliot wave but they all warned it as very hard to know & apply & so inclined to it . Then tried every bet keeping in mind the alternatives too but soon learn that nothing can be so easy or possible to describe before already happened. That past is easy to count than any present or any possible future . Lost hugely...
Hi Fontu,

I think that we share the same experience with Elliott Wave. Let me formulate it in this way:

When I use Elliott wave knowledge on small TF's (for scalping), I do earn money. If I try to get an extraordinary good entry for long time positions, I often find myself losing money, especially when I am betting on the end of corrective waves. There are way too many options which can evolve. Look at the drama at S&P500. Elliotticans try to predict the end of the corrective upmove since nearly 2 years.

Yes, it is very rewarding to make a right call at the end of a correction and being able to run the whole impulse down (or up). But oftentimes market surprises us with additional twists and turns and we end losing money.

But I do Elliott Waves now for several years and I can not trade completly without them. Kind of beeing in the metro without knowing direction :-) There are a few Elliott Wave setups, which are extremely good tradable, e.g. the C-waves.

Like you said: it is a background method (my map for direction).

For my actual count see my post/pics at http://www.forexfactory.com/showpost...stcount=375508

Yes, I too think that this 5th of C of a wave 2 ended and that we saw the first 5 wave impulse down. I am expecting a correction with retest of 3672. That would be a nice and comfortable place to take additional shorts.

I am not very shure, if prices will really retrace that high, because (if wave count is correct) we are now in a wave 3 with a lot of downwards pressure. So I mainly expect to see more flat corrections. We will see.

Best wishes to Oman,

Markus
  • #375,498
  • Jan 29, 2011 2:24pm Jan 29, 2011 2:24pm
Quoting MasterBO
Hello,

i think, that we have saw the end of the upturn. We finished the Wave B. Now we will see the wave C down. I think the price will go under 1.3000.

Have a nice weekend!
MasterBO, you are right on the money. I have the same wave count like yours. I anticipate EUR moves back to around 1.3665 (61.8%) then goes south again like a rock coming down from a cliff.
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  • #375,499
  • Jan 29, 2011 2:47pm Jan 29, 2011 2:47pm
Quoting Pipmysterio
I am not trading what I think. I trade what I see. My chart still says the up trend is still in play. I'm buying more eurusd. Selling more dollars. My COT Report still says the big money are still long.
OK, I see the basic problem here. You're looking at charts. Technicals are out the window; take a look at the fundamentals.

I've been watching Egypt for the last 7 hours, monitoring Al Jazeera and other news sources. The freaking wheels are coming off over there. And right now it's not going down too smoothly. I had hoped that the military would step in prior to nightfall and take control of the government. They didn't. Now you've got breakdown of law and order in multiple cities overnight.
Mubarak's leaving one way or the other; the longer he stays, the worse things get.

And now there has been a protest in Saudi - over floods, but that's the most unstable country in that part of the world. http://www.tehrantimes.com/index_View.asp?code=234854
I could see Saudi slipping into anarchy very quickly; the House of Saud is a very repressive regime. If that happens, well, I'll let the Ghostbusters say what I expect:
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Bottom line is that I'm looking for massive risk off this next week. And that means flight to the dollar and yen. I wouldn't be surprised to see the EURUSD lose several hundred pips this next week.
  • #375,500
  • Jan 29, 2011 2:58pm Jan 29, 2011 2:58pm
Quoting kill56
lol u know about jordan more than me

wish we are next ppl are dieing here , we had a middle class befor i left in 1987 , came back 2004 its not there any more vanished , i think yemen or algeria will be next
I'm sorry to hear that. I've been under the impression that peace and prosperity flourished under King Abdullah - it sounds like I've been misinformed. I guess I've been a victim of a good public relations campaign along with shoddy/slanted coverage from the US press.
... of course that's to be expected from the US press. I've gotten to the point where I watch foreign news coverage more often as US news coverage tends to have an incorrect view of the world.
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