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EURUSD

  • #425,881
  • Apr 20, 2011 8:15pm Apr 20, 2011 8:15pm
Quoting jfal013
Last I looked, 99% of money is fiat. The Euro is worse off, a single currency with 17 governments. At least the USD as a single government (although indecisive at times) with low interest rates. The Euro has the state of Greece paying 22% on 2-5 year bonds! That is dud currency. The Fins/ Germs will not continue to pay ...
if you put it that way, any currency that does not peg itself to the gold standard is dud. pretty much every currency in the world. we are doomed
  • #425,882
  • Apr 20, 2011 8:15pm Apr 20, 2011 8:15pm
out of last trade didnt go -8 so that puts me at +10 for the night so far brb
Ambition
  • #425,883
  • Apr 20, 2011 8:17pm Apr 20, 2011 8:17pm
  •  gdaym8
  • | Joined Jan 2011 | Status: You Never go broke making a profit | 71 Posts
Seriously, Which roll is worth more.
Attached Image (click to enlarge)
Click to Enlarge Name: toilet-paper-2547.jpg Size: 257 KB
Always remember "Logic" has NO place in the Forex markets
  • #425,884
  • Apr 20, 2011 8:18pm Apr 20, 2011 8:18pm
What is dead is the Yorrow. The dollar is dropping to what it is worth. Not much.

The yorrow is also not worth much but is inflating.

Which one then has a lot further to drop once the "shiz hitz the fan".
  • #425,885
  • Apr 20, 2011 8:18pm Apr 20, 2011 8:18pm
Quoting talentfx
short going to be a great night how yall doin
great contrarian you are proving to be, matched only by skyzer.





woot
Thank You
  • #425,886
  • Apr 20, 2011 8:20pm Apr 20, 2011 8:20pm
Quoting talentfx
so i am multi tasking cleaning my house watching my son doing college work...
Do you have a 5 year old in college...or one in college AND a 5 year old?
  • #425,887
  • Apr 20, 2011 8:20pm Apr 20, 2011 8:20pm
the EURO is fundamentally more in the sh=t hole than the US

the debt is actually not that bad when adjusted for inflation and compaired to GDP we have had worse times.

the US economy suffers from lack of motivation, the politicians no longer feel they have to make this a great nation d/t us being the lone super power for the time being.

we are too busy over regulating civilian lives and groping their crutches, cutting back on constitutional rights and letting the BANKERS take and goarge on the economy.

all these needs to stop


Europe in the other hand is basically a Franco/German empire with a bunch of nanny states that are collapsing under the pressure of keeping up or abiding by two economic powerhouses as they collapse other stable nations pick up the slack.

the one constant throughout history is EUROPEAN NATIONALISM, and it will happen,
AVT INVENIAM VIAM AVT FACIAM
  • #425,888
  • Edited 8:40pm Apr 20, 2011 8:24pm | Edited 8:40pm
Wormboy, are you exclusive to EURUSD? Any other pair?
  • #425,889
  • Apr 20, 2011 8:24pm Apr 20, 2011 8:24pm
In between weekly R2 and 45721, i smell further up
Make it rain baby
  • #425,890
  • Apr 20, 2011 8:25pm Apr 20, 2011 8:25pm
Quoting Egy2011
Ironically, every technological step up in human's history was motivated by war.

long @ 4510 tp 4580 sl 4495, my sl is money manag. not tech.
Closed @ 4575, its 3:20 good night
  • #425,891
  • Apr 20, 2011 8:26pm Apr 20, 2011 8:26pm
Quoting gdaym8
Seriously, Which roll is worth more.
Attachment
incommensurability ... try walking into KFC with a roll of half used toilet paper, let me know how you get on!

Try comparing currencies when trading, may be start up Toilet/USD pair.

ALL currencies are paper money. First rule of banking. Easier to make a good return = seigniorage.
  • #425,892
  • Apr 20, 2011 8:28pm Apr 20, 2011 8:28pm
Quoting Venice
Awe man, and this thread was actually doing nicely for a while... lol
Aw come on, you guys love talentfx. Look at how often he gets responded and he just got on. If you guys really hate him, he should be on everybody's ignore list and I shouldn't see any of his posts quoted.
Make your losses in demo. Earn your profits live.
  • #425,893
  • Apr 20, 2011 8:28pm Apr 20, 2011 8:28pm
Quoting FxPlayboy
In between weekly R2 and 45721, i smell further up
careful
Attached Image
Thank You
  • #425,894
  • Apr 20, 2011 8:29pm Apr 20, 2011 8:29pm
Quoting Egy2011
Closed @ 4575, its 3:20 good night
Well played!
  • #425,895
  • Apr 20, 2011 8:31pm Apr 20, 2011 8:31pm
Quoting jfal013
incommensurability ... try walking into KFC with a roll of half used toilet paper, let me know how you get on!

Try comparing currencies when trading, may be start up Toilet/USD pair.

ALL currencies are paper money. First rule of banking. Easier to make a good return = seigniorage.
The USD might be the kid to pick on but lets remember that it has serve its purpose as the store of value and the facilitator of trade.

the only currency that is can be traded in exchange of oil, and gold is priced in USD. why this wont stop anytime soon?

our boots on the ground on IRAQ,Afgahnistan, and soon Lybia. any arab coutry telling us "we wont take your dollars" we reply "knock knock let our troops and abraam tanks in"
AVT INVENIAM VIAM AVT FACIAM
  • #425,896
  • Apr 20, 2011 8:33pm Apr 20, 2011 8:33pm
Quoting wormboy
careful

LMFAO!
motivation
  • #425,897
  • Apr 20, 2011 8:34pm Apr 20, 2011 8:34pm
Quoting wormboy
careful
heh nice pic, no worry, got my position lock in good profits since rollover. more worry of bear around 45874
Make it rain baby
  • #425,898
  • Apr 20, 2011 8:37pm Apr 20, 2011 8:37pm
Quoting the redlion

our boots on the ground on IRAQ,Afgahnistan, and soon Lybia. any arab coutry telling us "we wont take your dollars" we reply "knock knock let our troops and abraam tanks in"
Yes and 10 years later goat herders and poppy farmers are still kicking our ass. I can only guess at the mess that would be in Libya if the US was stupid enough to enter into that little nonsense.
  • #425,899
  • Apr 20, 2011 8:38pm Apr 20, 2011 8:38pm
Quoting the redlion
The USD might be the kid to pick on but lets remember that it has serve its purpose as the store of value and the facilitator of trade.

the only currency that is can be traded in exchange of oil, and gold is priced in USD. why this wont stop anytime soon?

our boots on the ground on IRAQ,Afgahnistan, and soon Lybia. any arab coutry telling us "we wont take your dollars" we reply "knock knock let our troops and abraam tanks in"
I'm picking on ALL of them Trading FX is about picking the sh**y-ist/least at any given moment. The SDR is new paper kid on the block, will be 2012/13 before real talk of it occurs. Need current paper fade first = in the confusion comes a global exchange note, of which the USD may well have a good sized stake.
  • #425,900
  • Apr 20, 2011 8:39pm Apr 20, 2011 8:39pm
Quoting the redlion
the only currency that is can be traded in exchange of oil, and gold is priced in USD. why this wont stop anytime soon?
BRIC nations have started settling in their own currencies...cutting out middle USD.

Was also announced this week (I believe?) that it will be possible to trade Oil/Euro directly...again cutting out USD.

Just highlighting that small steps are well and truly underway.
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