I'm not allowed to say much, but in short I expect...
... 3 EU economies to default within next 12-16 months. I don't even want to mention big asian economy...
lol
- #802
- Jul 6, 2011 4:37am Jul 6, 2011 4:37am
- Joined Oct 2007 | Status: Trader | 1,381 Posts
I'm not allowed to say much, but in short I expect...
... 3 EU economies to default within next 12-16 months. I don't even want to mention big asian economy...
No surprise, the same basic ideologies created the ghettos in the USA. For those who haven't seen all the USA, there are parts of the USA (the ghetto) you do NOT go into. This is where we have the most big brother govt. programs.
So what is the answer for Europe? Just keep cutting services, cutting healthcare, raising the retirement ages into the mid 70's, until finally they can ballance the budget with lower taxes and get corporations to move back and create jobs?
- #804
- Jul 7, 2011 12:51am Jul 7, 2011 12:51am
- | Joined Feb 2010 | Status: Make Them Pay | 1,103 Posts
Anything can happen.
- #805
- Edited 1:47pm Jul 7, 2011 1:27pm | Edited 1:47pm
- | Commercial User | Joined Oct 2005 | 2,899 Posts
Hi Rac, is this level on USD/CAD the kind of area you would watch for a short if it reaches it? On the daily the ony confluence is the 61.8 and trendline (if I've drawn it correctly). On the 4H there is the TL/fibo and 2 MAs (150/365)..
Interesting. It appears that once again socialism failed. Trying to pay to replace dad with govt. has caused great pyschological damage along with financial damage that might affect generations into the future.
..
I'm not a pessimist, but I don't see change coming anytime soon..
Do you know how many 'revolutionary' technologies are suppressed by corporations and certain 'organizations'? You may laugh, but we don't need oil for more than 50 years now. And this is just one example. I have many friends, but most of them don't care a bit who's in power as long as they have their Fox news or CNN. Some are wealthy enough not to care, others are happy with their mortgages, hokey, football or basketball. Add a case of 24 on the weakened and they don't care if they vote left or right....
This is the world we live in today.
Let me leave you with that thought, as I'm heading upstairs for another Smithwicks.
Enjoy the summer!
.
- #806
- Jul 13, 2011 8:07pm Jul 13, 2011 8:07pm
- | Commercial User | Joined Oct 2005 | 2,899 Posts
I see NU at 83/85. What it will do in the meantime, I don't care as long as I have stops moved to be and target sets.
...
Onto Chfs next.. waiting for SNB....
- #807
- Jul 13, 2011 8:17pm Jul 13, 2011 8:17pm
- | Commercial User | Joined Oct 2005 | 2,899 Posts
GU
Nice IB off support, followed by a daily pin and....Kabooom
We all knew where price was heading, but expected it to get there in two day not in just 24hrs.
Oh well. We all love gifts, don't we..
200ps has been secured, stop below yesterday's bar high.
Nice IB off support, followed by a daily pin and....Kabooom
We all knew where price was heading, but expected it to get there in two day not in just 24hrs.
Oh well. We all love gifts, don't we..
200ps has been secured, stop below yesterday's bar high.
- #808
- Jul 13, 2011 10:25pm Jul 13, 2011 10:25pm
- Joined Feb 2009 | Status: Borderline yahoo & oh-no! | 6,607 Posts
...
We all knew where price was heading, but expected it to get there in two day not in just 24hrs.
Oh well. We all love gifts, don't we..
- #810
- Jul 14, 2011 7:17am Jul 14, 2011 7:17am
- Joined Feb 2009 | Status: Borderline yahoo & oh-no! | 6,607 Posts
Nice trade there. This 98/2 line is really tough to cross, but i know I'm getting there
- #812
- Jul 21, 2011 8:05am Jul 21, 2011 8:05am
- | Commercial User | Joined Oct 2005 | 2,899 Posts
When you spend enough time watching charts, things materialize in front of your eyes...
in front of your eyes...
- #814
- Jul 21, 2011 8:13am Jul 21, 2011 8:13am
- | Commercial User | Joined Oct 2005 | 2,899 Posts
Have plan trade your plan...
Don't ask your friends what to do, THEY'LL ALMOST ALWAYS ARE WRONG.
This is YOUR Business, you have to know when to strike!
And yes, I also added more on the break on this pin, but decided to take profit few min ago, even there is a good chance we're going to 1.4452.
It's a hot summer here. Time for a swim in the .. ocean... with sharks...
- #815
- Edited 1:06pm Jul 21, 2011 12:51pm | Edited 1:06pm
- | Commercial User | Joined Oct 2005 | 2,899 Posts
Damn.. , it's taking long time to reach my target.
A broker called me and said China stopped buying for now and he suggested I close and reverse ..
Reverse now or sell Chfs and Kiwi...What do you think?
.
.
It doesn't matter...lol, will check back again in August perhaps.
Siesta time, Trade well.
.
.
.
A broker called me and said China stopped buying for now and he suggested I close and reverse ..
Reverse now or sell Chfs and Kiwi...What do you think?
.
.
It doesn't matter...lol, will check back again in August perhaps.
Siesta time, Trade well.
.
.
.
Damn.. , it's taking long time reach my target.
A broker called me and said China stopped buying for now and he suggested I close and reverse ..
Reverse now or sell Chfs and Kiwi...What do you think?
.
.
It doesn't matter...lol, will check back again in August perhaps.
Siesta time, Trade well.
.
i hav been js new to ur style of trading..
but i m being able to connect the dots..
really appreciate ur teachings...
the bulb seems to be blinking for me..
Thanks again
- #818
- Jul 27, 2011 12:29am Jul 27, 2011 12:29am
- | Commercial User | Joined Oct 2005 | 2,899 Posts
hey rac. nice e/u trade. May i ask you smt ? Why dont you daytrade ? aren't there more opportunities than the higher tf. if you risk 2% on each trade with more trades on the lower tf your roi will be higher. I m just curious why you guys who can trade very well dont use the smaller tf for more trades
Do you live to trade, or trade to live?
Everyone has different priorities in life.
