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  • #412,001
  • Mar 23, 2011 8:51am Mar 23, 2011 8:51am
Quoting gatorinla
just after 11 eastern we should get a clue. Portugal may be bankrupt then. then you got Ireland.. a sovereign country being told how to tax.. the place where broke banks passed the stress test. the place Germany guaranteed its debt.
lol ...enjoying the bad news for the euro Gator? I hope you are grabbing some pips as the easy retrace has given plenty of opportunities to jump in.

Nothing new on the debt side. Portugal a complete disaster and 5 yrs broke already yst the 8% point of no return barrier and keep trading higher. Ireland the same old things so the smallest sneeze on the headlines and contagion. 10 yrs also broke all time highs on speculation on Allied Irish Banks was planning to miss a coupon payment, driving the premium that investors demand to hold Irish 2-year bonds...

In simple words nice trigger for a retrace and take profits at least.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #412,002
  • Mar 23, 2011 8:52am Mar 23, 2011 8:52am
Quoting fldash
gator do you have the most recent mid around 4125?
2124.2 is the upper mofu for 3967... the last support just broken was a mid 4107.6

but the pattern went to 4105 a separate thing

the lower mofu is 4091

below 4074.4 with a hour close is good sign we wont get sucked back..
those who can, do. those who cant, talk about those who can
  • #412,003
  • Mar 23, 2011 8:54am Mar 23, 2011 8:54am
US New Home Sales in 7 min. Could give Euro a lift for about an hour.
  • #412,004
  • Mar 23, 2011 8:57am Mar 23, 2011 8:57am
for all the shorters, do not forget the trend is still up

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.FXCM - Candle Three Months_1d 2011-03-23 095605.GIF Size: 21 KB
  • #412,005
  • Mar 23, 2011 8:57am Mar 23, 2011 8:57am
Quoting tradertom
hope it bounce a bit...L@4110 tight stop
and out+18
  • #412,006
  • Mar 23, 2011 8:59am Mar 23, 2011 8:59am
Quoting BrunargarFx
Is trichet supposed to speak today??
no but he's been trying to shore up sentiment at every opportunity, I think the ben bernanke is up ltr...
  • #412,007
  • Mar 23, 2011 8:59am Mar 23, 2011 8:59am
We are moving up from here.the second wave in 4hrs chart is about completing.but the last wave wont ve much before it moves back down to the recent support.lets watch and see
Attached Image (click to enlarge)
Click to Enlarge Name: fx.gif Size: 33 KB
  • #412,008
  • Mar 23, 2011 9:00am Mar 23, 2011 9:00am
Quoting attila
for all the shorters, do not forget the trend is still up

Attachment
Yes but trend is defined to what time frame you trade. And there can easily be an intraday "trend" that is different to overall longer term trend.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #412,009
  • Mar 23, 2011 9:01am Mar 23, 2011 9:01am
Quoting Azinvg
margin call!!!!, reload again long at 1.4109 50%, lets see.
LOL. You never give up. Good to see you still can shout GL
Good day, I'm okay. Bad day, I'm okay. What's the difference?
  • #412,010
  • Mar 23, 2011 9:02am Mar 23, 2011 9:02am
BAD DATA....SHORT
  • #412,011
  • Mar 23, 2011 9:03am Mar 23, 2011 9:03am
Quoting sisse
lol ...enjoying the bad news for the euro Gator?...
no matter how its sugar coated or packaged to be sold. . you got sovereign nations bailing out other nations in peace time. in turn the poor nations will get poorer and the rich (nations) landlords with the monopoly selling to the poor will get richer. until the poor have a uprising. and tell the rich to shove it. it has worked in history when the landlord had enforcers...but not so much in colonies around the world. prof is the sun does not always shine on England anymore.
those who can, do. those who cant, talk about those who can
  • #412,012
  • Mar 23, 2011 9:05am Mar 23, 2011 9:05am
But according to A-ha...the sun always shines on TV.
Si vis pacem, para bellum.
  • #412,013
  • Mar 23, 2011 9:06am Mar 23, 2011 9:06am
Quoting sisse
lol ...enjoying the bad news for the euro Gator?...
or anticipated wick
those who can, do. those who cant, talk about those who can
  • #412,014
  • Mar 23, 2011 9:07am Mar 23, 2011 9:07am
Quoting Duce
But according to A-ha...the sun always shines on TV.
Love that track!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #412,015
  • Mar 23, 2011 9:09am Mar 23, 2011 9:09am
Quoting EuroTrader
BAD DATA....SHORT
not bad enougth...
  • #412,016
  • Mar 23, 2011 9:10am Mar 23, 2011 9:10am
Quoting gatorinla
no matter how its sugar coated or packaged to be sold. . you got sovereign nations bailing out other nations in peace time. in turn the poor nations will get poorer and the rich (nations) landlords with the monopoly selling to the poor will get richer. until the poor have a uprising. and tell the rich to shove it. it has worked in history when the landlord had enforcers...but not so much in colonies around the world. prof is the sun does not always shine on England anymore.
Well who can argue against that now "sun does not always shine on England anymore"....not even in the summer....lol

Sure mate, we can talk politics later after hours... for now lets enjoy the move while it last.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #412,017
  • Mar 23, 2011 9:11am Mar 23, 2011 9:11am
Obama cuts his Latin America trip short. Anybody knows if we should care about that?
  • #412,018
  • Mar 23, 2011 9:12am Mar 23, 2011 9:12am
10:05 ET DOW -31.60 AT 11990.09, NASDAQ -15.95 AT 2668.95, S&P -8.18 AT 1286.20
[BRIEFING.COM] New home sales for February fell to an annualized rate of 250,000 from the prior month's upwardly revised rate of 301,000. The consensus among economists polled by Briefing.com was pegged at 288,000.
The lower-than-expected tally is close to a record low and has caused stocks to pull back from a recent upturn. The broad market now sits at its morning low.

............... And going lower
  • #412,019
  • Mar 23, 2011 9:12am Mar 23, 2011 9:12am
Quoting eliabreu
not bad enougth...
In one hour we will see the direction
  • #412,020
  • Mar 23, 2011 9:13am Mar 23, 2011 9:13am
Quoting SunTrader
10:05 ET DOW -31.60 AT 11990.09, NASDAQ -15.95 AT 2668.95, S&P -8.18 AT 1286.20
[BRIEFING.COM] New home sales for February fell to an annualized rate of 250,000 from the prior month's upwardly revised rate of 301,000. The consensus among economists polled by Briefing.com was pegged at 288,000.
The lower-than-expected tally is close to a record low and has caused stocks to pull back from a recent upturn. The broad market now sits at its morning low.

............... And going lower
Weeeeee. lol. Nope, can't BS the numbers much anymore.
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