EURUSD

I'm watching that 1.2525 area on the hourly...

Signal executed

agree with your chart .

ST @ 4100.

PS, I'm looking to buy the dip in USD/CHF, which I will still do, but if I see a good break of the support in EUR/CHF, think I'll look to sell agressively for 1.2412/39 intraday...or...just go for a coffee...

SL@ BE. and have a rest .

Thanks , yes the the exact target 1.4048 played , though some ranging around was ok & the 5th wave smaller fear of further down now nill but only channel play still & ranging ok , here & there , except any manipulation if again back as still serious ones may back .
fontu

mostly crap, thats what I see...

1.4140 not broken...

I think there is some confusion on why we didnt reach 4185 hopefully we will drop and then they will come after and flawlessy penetrate 4021

what a fall in nzdusd.....

EURUSD Forecast
The bias remains bearish in nearest term testing 1.4000 key support area. A clear break below that area could trigger further bearish pressure testing 1.3800 – 1.3700 area this week. Immediate resistance at 1.4123 – 1.4150. A clear break above that area would lead us to neutral zone in nearest term testing 1.4200 but overall my short/medium term technical bias remains strongly to the downside and no sign of potential recovery for the single currency so far.

OK, I try to make it easy:

think of a gap up in markets after weekend:

all owner of the security have faced gains, right?

think of a gap down:

all owner of the security have faced loss, right?


OK, one step further:

At the peak of a credit expansion or a bull market, assets have been valued upward, and all the participants are wealthy- both the people who sold the assets and the people who hold the assets. The latter group is far larger than the former group, because the total supply of money has been relatively stable while the vaue of financial assets has ballooned. When the markets turn down, the dynamic goes inverse. Only a few owners of a collapsing financial asset trade it for money of 90% of peak value. Others may get 80, 50, or 30% of peak value.

In each case, selers are simply transforming the remaining future value losses to someone else. In a bear market, the vast majority does nothing and gets stuck holding assets with low or non-existent valuations.

Think about mutual funds - most of them are not allowed to hedge positions via shorting, nor are they allowed to get all in cash in a bear market. That is why I see those mutual funds the biggest scam against the little investors.

And lastly, to address the "short" argument:

Your argument seems to center around the thinking, that for each long position held by someone, another person has build a short position.

That is not true. Albeit the fact that shorting got quiet popular over the last years, only a relatively small amount of the market is held in short positions



You made in a post remarks about the difference in that, what credits are used for. I will second that:

We have to differentiate between "self-liquidating credits" and "non-self-liquidating-credits".

Non-self-liquidating credit is loan that is not tied to production and tends to stay in the system. The money is used for buying cars, TV's , homes etc., for speculation. No production efforts are tied to them. Such lending is almost ever counter-productive, it adds cost to the economy, not value.

Self-liquidating credit is loan that is paid back, with interest, in a moderately short time from production. The full transaction adds value to the economy.

BUT:

Credit is credit, whether non-self -liquidating or self liquidating.

Deflation of non self-liquidating credit usually produces the greater slumps. (Prechter - The Guide to understanding deflation)

hey junkies

dont forget its may

sell the rallies up to 16000

still walking the dog

PTL aud

ken silver

kill oil

read you loud and clear...

PTL

all we need is for this thing thing to come apart...

doomed fiber

in going to be interesting to see how it acts near 1.05...

yap

WL3 in sight