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  • #458,801
  • Jun 9, 2011 2:29pm Jun 9, 2011 2:29pm
I'm agree with you G on the smoke and mirrors... At present in Ireland, there is a rift brewing as politicians think we should be getting a better deal like Greece. The problem with us Irish is that we don't have the gumption like the Greeks to go out every night and protest against the government.

One politician says we should join with Greece & Portugal collectively and tell the EU where to go and threaten to leave the euro.





Quoting gatorinla
Greece and others cant pay their debt now. so if he raises it just makes it harder to pay their debt with the added cost. i keep telling you guys its all smoke and mirrors. its ozz.. each time one cant pay Germany adds to its own debt. poor countries are getting poorer. the "rob peter to pay paul scam". the debt guaranteed by Germany makes Germany poorer. the way the e-union set up its books, those guarantees are not counted on real value. (not mark to market) the same thing the European banks are doing.
so you have a house of cards. incest between...
Disclaimer: Check your 1m charts
  • #458,802
  • Jun 9, 2011 2:33pm Jun 9, 2011 2:33pm
  •  BaIdur
  • | Joined Apr 2011 | Status: Among the blind the oneeyed is king | 94 Posts
Quoting infinitus
Could not have explained it better. So true, but only few seem to understand :-(
Actually I don't expect another rate hike in August as well - not before Q4 actually. Economy currently slowing down, summer months ahead and there'll be a lot more debating about Greece before (if) any solution
i'm long n'till i'm short
  • #458,803
  • Jun 9, 2011 2:33pm Jun 9, 2011 2:33pm
On the other hand, my thinking is that the smoke and mirrors could still bring us to 1.51 where we then see no interest rate hike and sharp fall with the dollar strengthening
Disclaimer: Check your 1m charts
  • #458,804
  • Jun 9, 2011 2:33pm Jun 9, 2011 2:33pm
would the euro worry or celebrate?

(i'm Portuguese, by the way)

Quoting pipper
I'm agree with you G on the smoke and mirrors... At present in Ireland, there is a rift brewing as politicians think we should be getting a better deal like Greece. The problem with us Irish is that we don't have the gumption like the Greeks to go out every night and protest against the government.

One politician says we should join with Greece & Portugal collectively and tell the EU where to go and threaten to leave the euro.
dreams do come true.
  • #458,805
  • Jun 9, 2011 2:38pm Jun 9, 2011 2:38pm
It remains to be seen if Germany or France care less or not about us peripherals but as one analyst said here, "if we grouped together and threatened action, we could bring down the Euro if they don't play ball with us"



Quoting wannaberich
would the euro worry or celebrate?

(i'm Portuguese, by the way)
Disclaimer: Check your 1m charts
  • #458,806
  • Jun 9, 2011 2:46pm Jun 9, 2011 2:46pm
Greece unemployment rate - record high - 16,2 %

unemployment of young people = 42,5 %




http://www.querschuesse.de/wp-conten...11/06/1a73.jpg
  • #458,807
  • Jun 9, 2011 2:47pm Jun 9, 2011 2:47pm
Quoting mercy seat
So you been nearly 500 pips under water ...

Interessant das ...



;-|

unfortunately...had to run out when I put the trade on....(forgot my stop) and then my wife went into labor....so I have had to fight that one back....I still believe the direction was lower and the units were digestible for the DD, so I took the chance and stayed with the trade...LOL!
  • #458,808
  • Jun 9, 2011 2:47pm Jun 9, 2011 2:47pm
Quoting infinitus
I like 4436, because then this wave down from todays top would be 1,62 x the length of its preceding down-wave
Wäre ja schön, wenn dazu erwähnt wird welche Eckpunkte (Hoch - Tief) diese "preceding down-wave" haben möge ...

Welche ich auch immer anwenden mag, ich komme in keinem Fall zu dem Ergebnis von 1,62-facher Länge, welches mit 1.4436 übereinstimmen will ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #458,809
  • Jun 9, 2011 2:49pm Jun 9, 2011 2:49pm
Quoting needpips
unfortunately...had to run out when I put the trade on....(forgot my stop) and then my wife went into labor....so I have had to fight that one back....I still believe the direction was lower and the units were digestible for the DD, so I took the chance and stayed with the trade...LOL!
Ok ...

That has been an expensive lesson then ...

Now you know where to place a stop in future ?



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #458,810
  • Jun 9, 2011 2:51pm Jun 9, 2011 2:51pm
... that over here i'd say the issue is a whole lot more cultural than economy related. i've never lived in another country so i don't really know other peoples way of thinking. maybe it's just the same. i believe not.

here people think of today. not tomorrow. not over ten years. if they can manage today, they can relax the rest of the day.

the government (which ever color it is) is always to blame. in fact, it is always someone else's fault. never one's own.

i think we should be called the country of "Adhesive tape". feels like everything is solved with "adhesive tape". "it won't hold long but we'll worry about that when it falls again". and if the problem will be solved next time by someone else... even better LOL

my guess it will take a couple of generations IF ALL GOES WELL.




Quoting pipper
It remains to be seen if Germany or France care less or not about us peripherals but as one analyst said here, "if we grouped together and threatened action, we could bring down the Euro if they don't play ball with us"
dreams do come true.
  • #458,811
  • Jun 9, 2011 2:51pm Jun 9, 2011 2:51pm
Oh yes...I have always put a SL...just a reminder to me that this snake called forex has fangs...

Typically I put a 50pip SL for the ones I think need room as well as a fail safe....a tighter one if Im fishing 10-15

Quoting mercy seat
Ok ...

That has been an expensive lesson then ...

Now you know where to place a stop in future ?



;-|
  • #458,812
  • Jun 9, 2011 2:54pm Jun 9, 2011 2:54pm
  •  BaIdur
  • | Joined Apr 2011 | Status: Among the blind the oneeyed is king | 94 Posts
Quoting mercy seat
Wäre ja schön, wenn dazu erwähnt wird welche Eckpunkte (Hoch - Tief) diese "preceding down-wave" haben möge ...

Welche ich auch immer anwenden mag, ich komme in keinem Fall zu dem Ergebnis von 1,62-facher Länge, welches mit 1.4436 übereinstimmen will ...



;-|
Da stimmt doch irgendwas nich
Attached Image
i'm long n'till i'm short
  • #458,813
  • Jun 9, 2011 2:57pm Jun 9, 2011 2:57pm
Quoting wannaberich
... that over here i'd say the issue is a whole lot more cultural than economy related. i've never lived in another country so i don't really know other peoples way of thinking. maybe it's just the same. i believe not.

here people think of today. not tomorrow. not over ten years. if they can manage today, they can relax the rest of the day.

the government (which ever color it is) is always to blame. in fact, it is always someone else's fault. never one's own.

i think we should be called the country of "Adhesive tape". feels like everything...
couple of generations? doubt there'll be any countries left by then, just the euro super state, or even the one world state...
  • #458,814
  • Jun 9, 2011 2:57pm Jun 9, 2011 2:57pm
seems like demand consumption to me...
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dreams do come true.
  • #458,815
  • Jun 9, 2011 2:59pm Jun 9, 2011 2:59pm
and will still be a cheap place for the people from wealthy European countries to spend their vacations...

Quoting FibbinArchie
couple of generations? doubt there'll be any countries left by then, just the euro super state, or even one world state...
dreams do come true.
  • #458,816
  • Jun 9, 2011 3:02pm Jun 9, 2011 3:02pm
Quoting BaIdur
Da stimmt doch irgendwas nich
Ebent ...

Ist mal so etwas luschig eigensinnig dahingeknallt ...


2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #458,817
  • Jun 9, 2011 3:02pm Jun 9, 2011 3:02pm
Roll on the next dot.com recession

Quoting wannaberich
... that over here i'd say the issue is a whole lot more cultural than economy related. i've never lived in another country so i don't really know other peoples way of thinking. maybe it's just the same. i believe not.

here people think of today. not tomorrow. not over ten years. if they can manage today, they can relax the rest of the day.

the government (which ever color it is) is always to blame. in fact, it is always someone else's fault. never one's own.

i think we should be called the country of "Adhesive tape". feels like everything...
Disclaimer: Check your 1m charts
  • #458,818
  • Jun 9, 2011 3:04pm Jun 9, 2011 3:04pm
who dares to long euro here?
  • #458,819
  • Jun 9, 2011 3:05pm Jun 9, 2011 3:05pm
Inserted Video
  • #458,820
  • Jun 9, 2011 3:06pm Jun 9, 2011 3:06pm
  •  BaIdur
  • | Joined Apr 2011 | Status: Among the blind the oneeyed is king | 94 Posts
Quoting mercy seat
Ebent ...

Ist mal so etwas luschig eigensinnig dahingeknallt ...


Ausserdem fehlen da noch paar Prozente für mein Geschmack
i'm long n'till i'm short
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