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EURUSD

  • #502,741
  • Jul 28, 2011 4:15pm Jul 28, 2011 4:15pm
At the end of the day, tonight’s vote really doesn’t matter

No sense fretting too much about the House vote on the Boehner Plan. My guess is that they will eek out its passage, but even if that is the case, it will die in the Senate. The key is reconciling the differences between the House and Senate bills, of which there are some.
Makes for good theater, but this is only one step in a drawn-out legislative process.

By Jamie Coleman || July 28, 2011 at 19:12 GMT
  • #502,742
  • Jul 28, 2011 4:16pm Jul 28, 2011 4:16pm
I'm carefully waiting on it to go down a few pips at least. It's on the 50% retracement on fibonacci in the 1h chart and overbought on stochastics in 1m, 5m, 15m and 1h. If it bursts up I think it will be weird.

Also on 1d stochs is overbought, only thing wrong is that on 4h it's still oversold, kind of.
Attached Image (click to enlarge)
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  • #502,743
  • Jul 28, 2011 4:16pm Jul 28, 2011 4:16pm
Quoting Venice
Yogurt moons.... hah.
pepped up the boring bs a bit, when's the vote?
  • #502,744
  • Jul 28, 2011 4:19pm Jul 28, 2011 4:19pm
wasn't going to trade these. s 4332.3
those who can, do. those who cant, talk about those who can
  • #502,745
  • Jul 28, 2011 4:21pm Jul 28, 2011 4:21pm
Quoting FibbinArchie
pepped up the boring bs a bit, when's the vote?
Yeah... these guys are getting rather passionate. Didn't cloggie say 2200 GMT?
  • #502,746
  • Jul 28, 2011 4:21pm Jul 28, 2011 4:21pm
Quoting gatorinla
wasn't going to trade these. s 4332.3
tempting, but don't like the look of pa holding near the high..
  • #502,747
  • Jul 28, 2011 4:23pm Jul 28, 2011 4:23pm
Quoting Venice
Yeah... these guys are getting rather passionate. Didn't cloggie say 2200 GMT?
when it comes to time zones i'm always confused.com, we're on bst in the uk at the moment not gmt..
  • #502,748
  • Jul 28, 2011 4:27pm Jul 28, 2011 4:27pm
Quoting FibbinArchie
tempting, but don't like the look of pa holding near the high..
I just got in at .43312, hope it goes way down this time. SL 43483 TP 41937 being optimistic
  • #502,749
  • Jul 28, 2011 4:28pm Jul 28, 2011 4:28pm
man they shut the black guy up pretty quick
motivation
  • #502,750
  • Jul 28, 2011 4:29pm Jul 28, 2011 4:29pm
vote delay
those who can, do. those who cant, talk about those who can
  • #502,751
  • Jul 28, 2011 4:31pm Jul 28, 2011 4:31pm
Quoting Scalpaholic
I just got in at .43312, hope it goes way down this time. SL 43483 TP 41937 being optimistic
watch out for stop running spikes if and when it starts moving, also it's come down pretty hard past 48 hrs, buy (USD) the rumour, sell the news?

Only saying... GL with your trade...
  • #502,752
  • Jul 28, 2011 4:31pm Jul 28, 2011 4:31pm
Here we go - vote postponed
  • #502,753
  • Jul 28, 2011 4:34pm Jul 28, 2011 4:34pm
Quoting gatorinla
vote delay
Quoting BrunargarFx
Here we go - vote postponed
wasn't it postponed till today from yesterday? what source you got there g?
  • #502,754
  • Jul 28, 2011 4:35pm Jul 28, 2011 4:35pm
Quoting futurebless
man they shut the black guy up pretty quick
can't have anyone saying anything meaningful now can they??
  • #502,755
  • Jul 28, 2011 4:37pm Jul 28, 2011 4:37pm
Quoting spaizkadett
Last time USA went default (under Clinton) nothing important happened. What makes you think it'll be any different this time?
we were never under default then.
those who can, do. those who cant, talk about those who can
  • #502,756
  • Jul 28, 2011 4:38pm Jul 28, 2011 4:38pm
wtf is medicade? sounds like a fizzy drink..
  • #502,757
  • Jul 28, 2011 4:39pm Jul 28, 2011 4:39pm
last default in 1979...

http://www.chicagotribune.com/busine...5125535.column
  • #502,758
  • Jul 28, 2011 4:39pm Jul 28, 2011 4:39pm
Bloomberg TV live
I'll bet they'll wait til the last minute over the weekend...
Technically they still have two weeks to vote, I guess this is all part of the show
Quoting FibbinArchie
wasn't it postponed till today from yesterday? what source you got there g?
  • #502,759
  • Jul 28, 2011 4:41pm Jul 28, 2011 4:41pm
Thinking it will go up tonight and tomorrow, and not fall properly till after weekend.
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  • #502,760
  • Jul 28, 2011 4:42pm Jul 28, 2011 4:42pm
*IMF Chief Warns US Dollar May Weaken If Lawmakers Fail Agree On Debt Ceiling-PBS

Oh really?
Price = the amount a greater fool is willing to pay!
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