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  • #495,861
  • Jul 21, 2011 5:26am Jul 21, 2011 5:26am
Quoting sisse
Politics mate. Most of time you don't get elected if you do the right thing in economics. Keynes putted in the best words: "The long run is a misleading guide to current affairs. In the long run we are all dead. so who care about the US collapsing in 20 years...thats a problem for the idiot who is president then....

sisse

Yup, a bit of collective can kicking sorts everything out. Debt is the new money standard, there is more debt in the world then there is collecive money, go figure.

As an aside, if they'd ever change the accounting standard and include public liabilities to the debt column, the entire world is bankrupt. You think the Martians would bail us out?
  • #495,862
  • Jul 21, 2011 5:28am Jul 21, 2011 5:28am
Quoting sisse
Politics mate. Most of time you don't get elected if you do the right thing in economics. Keynes putted in the best words: "The long run is a misleading guide to current affairs. In the long run we are all dead. so who care about the US collapsing in 20 years...thats a problem for the idiot who is president then....

sisse
Very nice quote, reflects my point of view.


Seb
  • #495,863
  • Jul 21, 2011 5:29am Jul 21, 2011 5:29am
cloggie wrote :

Look at the traders on this thread, they will continue making the same mistakes that traders 100 years ago figured out would not work.

IMPOSSIBLE - how can u even compare that ..traders of 100 years ago,

incredible how then they used an abacus no comparison, way off the mark.
  • #495,864
  • Jul 21, 2011 5:29am Jul 21, 2011 5:29am
Quoting fxjawn
u mind slapin some pink on the 35 area? i need her down there so i can get some sleep
29.8 is there on the pink, should give you your 36's, but I also have your 36's showing up on the short term chart....
Attached Image (click to enlarge)
Click to Enlarge Name: chart2.gif Size: 17 KB
Look Sharp/Trade Tight
  • #495,865
  • Jul 21, 2011 5:29am Jul 21, 2011 5:29am
2nd try 2nd bloody fence
If you are new to Forex? Say Goodbye to your account!!
  • #495,866
  • Jul 21, 2011 5:30am Jul 21, 2011 5:30am
short term chart...good luck...
Attached Image (click to enlarge)
Click to Enlarge Name: chart2.gif Size: 15 KB
Look Sharp/Trade Tight
  • #495,867
  • Jul 21, 2011 5:32am Jul 21, 2011 5:32am
Quoting PayTheLimit
29.8 is there on the pink, should give you your 36's, but I also have your 36's showing up on the short term chart....
eyeballing this one (4133) :

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.jpg Size: 126 KB
Hero calls followed by margin calls...
  • #495,868
  • Jul 21, 2011 5:32am Jul 21, 2011 5:32am
Quoting PayTheLimit
29.8 is there on the pink, should give you your 36's, but I also have your 36's showing up on the short term chart....
morning PTL.. how is it looking ?
  • #495,869
  • Jul 21, 2011 5:32am Jul 21, 2011 5:32am
1.4127
  • #495,870
  • Jul 21, 2011 5:33am Jul 21, 2011 5:33am
Quoting johnnyrei
closed @ 1.4167
long again @ 1.4143
  • #495,871
  • Jul 21, 2011 5:34am Jul 21, 2011 5:34am
Quoting dean1star
cloggie wrote :

Look at the traders on this thread, they will continue making the same mistakes that traders 100 years ago figured out would not work.

IMPOSSIBLE - how can u even compare that ..traders of 100 years ago,

incredible how then they used an abacus no comparison, way off the mark.

And they were a lot better traders then the current crop, proper price and pattern traders. The worlds greatest fortunes were amassed by the old guard, in today's money we are talking hundreds of billions each. If the old guys were alive today, they would hold the top 20-50 places of the richest guys in the world.

Today's trader is too blinded by bells and whistles, by fancy little indicators and colourful charts and have lost the basic principles of success in trading.
  • #495,872
  • Jul 21, 2011 5:34am Jul 21, 2011 5:34am
Quoting darimik
morning PTL.. how is it looking ?
pretty ugly...
Look Sharp/Trade Tight
  • #495,873
  • Jul 21, 2011 5:35am Jul 21, 2011 5:35am
thanks for the im well i am waiting for it to hit 141

got in a sell at this morning at 142 700
  • #495,874
  • Jul 21, 2011 5:36am Jul 21, 2011 5:36am
Quoting PhAnTi'
eyeballing this one (4133) :
noted...
Look Sharp/Trade Tight
  • #495,875
  • Jul 21, 2011 5:36am Jul 21, 2011 5:36am
damn almost
  • #495,876
  • Jul 21, 2011 5:37am Jul 21, 2011 5:37am
still short
Attached Image


Quoting darimik
selling some 75 ish.. 80

Attachment
  • #495,877
  • Jul 21, 2011 5:37am Jul 21, 2011 5:37am
i dunno whats going on now need some professional advice here..
shorted at 1.4190 should i hold it a little longer??
I was long earlier this session eyeballing at 1.42/1.4250 with that achieved, im in shorts
for shorts what targets should i be aiming at??
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #495,878
  • Jul 21, 2011 5:38am Jul 21, 2011 5:38am
Quoting PayTheLimit
29.8 is there on the pink, should give you your 36's, but I also have your 36's showing up on the short term chart....
lol nice almost out
  • #495,879
  • Jul 21, 2011 5:38am Jul 21, 2011 5:38am
anyone have an expected timeline for eu summit press releases, or is it just as and when?

Inserted Video
  • #495,880
  • Jul 21, 2011 5:38am Jul 21, 2011 5:38am
gold nearly 1130 euros oz pa seems to be playing with ms2 pivot just waiting to see if pa come back up and test ms2 again and it becomes support

i wonder if ireland will look at this greece selective default if it happens and think why dont we do this aswell

edited: i ment resistance was too busy listen to tuesday keiser report
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