Not really. What it does is hide from price what markets are really doing.
sisse
Once scalper always scalper 
- #521,341
- Aug 12, 2011 2:52am Aug 12, 2011 2:52am
- | Joined May 2010 | Status: Trader | 1,078 Posts
- #521,342
- Aug 12, 2011 2:54am Aug 12, 2011 2:54am
- Joined Jun 2008 | Status: Plan your trade... Trade your plan | 3,710 Posts
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
- #521,343
- Aug 12, 2011 2:55am Aug 12, 2011 2:55am
- Joined Oct 2008 | Status: sideline is a position | 105,211 Posts
First has to be broken 36
those who can, do. those who cant, talk about those who can
- #521,345
- Aug 12, 2011 2:56am Aug 12, 2011 2:56am
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
gm all,
see it moving to around 1.43 doing some overshooting of WPP before turning down, lets see.....
see it moving to around 1.43 doing some overshooting of WPP before turning down, lets see.....
Don't be a hero. Don't have an ego. Always question yourself
- #521,347
- Aug 12, 2011 2:58am Aug 12, 2011 2:58am
- | Joined May 2010 | Status: Trader | 1,078 Posts
gm all,
see it moving to around 1.43 doing some overshooting of WPP before turning down, lets see.....
Attachment
Once scalper always scalper
- #521,348
- Aug 12, 2011 3:01am Aug 12, 2011 3:01am
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
Good to see you mate! Good luck in trading today
Don't be a hero. Don't have an ego. Always question yourself
- #521,349
- Aug 12, 2011 3:02am Aug 12, 2011 3:02am
- Joined Mar 2010 | Status: Technical Fundamentalist | 11,563 Posts
I hiere about sample were UK and US made this ban in 2008, but stocks go down. This my view. What is your point sisse? EUR go up till 1.5
Euro don't have chance FA or TA to reach 1.50 in the current circumstances. TA is cap at 1.48 with massive yearly,quarterly,monthly and weekly resistance. FA there is no way the can have a sustainable uptrend in the current conditions.
The only option to reach 1.50 and beyond will be some magical solution in September in the EU to create a parallel Fiscal Institution with the same authority as the ECB (which is far far away from reality) that combined with cheap money guarantee in the US till 2013 and new hike in the ECB to make even wider the rates differentials between the US and EZ.
I personally think it is a lot easier and more realistic for a sustainable downtrend to the 1.3x areas but it can't be made out of panic (like now) and it will need the ECB start injecting liquidity in some form (wont happen that easily)...TA it will only only need a break of weekly 1,389x Support.
sisse
Pending conversations? PM for a chat...I am mainly in OTM now
- #521,350
- Aug 12, 2011 3:10am Aug 12, 2011 3:10am
- | Joined May 2010 | Status: Trader | 1,078 Posts
There is a good article I think in Bloomberg yesterday that show the impact of short banning in the last 50 years around the world .... conclusion was, that was useless at best when the reasons for the sell-offs were real.
Euro don't have chance FA or TA to reach 1.50 in the current circumstances. TA is cap at 1.48 with massive yearly,quarterly,monthly and weekly resistance. FA there is no way the can have a sustainable uptrend in the current conditions.
The only option to reach 1.50 and beyond will be some magical solution in September in...
Once scalper always scalper
- #521,351
- Aug 12, 2011 3:10am Aug 12, 2011 3:10am
- Joined Oct 2008 | Status: sideline is a position | 105,211 Posts
those who can, do. those who cant, talk about those who can
- #521,352
- Aug 12, 2011 3:10am Aug 12, 2011 3:10am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
There is a good article I think in Bloomberg yesterday that show the impact of short banning in the last 50 years around the world .... conclusion was, that was useless at best when the reasons for the sell-offs were real.
Euro don't have chance FA or TA to reach 1.50 in the current circumstances. TA is cap at 1.48 with massive yearly,quarterly,monthly and weekly resistance. FA there is no way the can have a sustainable uptrend in the current conditions.
The only option to reach 1.50 and beyond will be some magical solution in September in...
It is always a pleasure and interesting to read your comments my friend
COT: The precious data ignored
- #521,353
- Aug 12, 2011 3:15am Aug 12, 2011 3:15am
- Joined Oct 2008 | Status: sideline is a position | 105,211 Posts
those who can, do. those who cant, talk about those who can
- #521,354
- Aug 12, 2011 3:19am Aug 12, 2011 3:19am
- Joined Oct 2008 | Status: sideline is a position | 105,211 Posts
those who can, do. those who cant, talk about those who can
- #521,355
- Aug 12, 2011 3:21am Aug 12, 2011 3:21am
- Joined May 2010 | Status: Khizer | 1,387 Posts
Nice Qoute!
Agreed!
Agreed!
There is a good article I think in Bloomberg yesterday that show the impact of short banning in the last 50 years around the world .... conclusion was, that was useless at best when the reasons for the sell-offs were real.
Euro don't have chance FA or TA to reach 1.50 in the current circumstances. TA is cap at 1.48 with massive yearly,quarterly,monthly and weekly resistance. FA there is no way the can have a sustainable uptrend in the current conditions.
The only option to reach 1.50 and beyond will be some magical solution in September in...
Trade what you see, Not what you think.
- #521,357
- Aug 12, 2011 3:38am Aug 12, 2011 3:38am
- Joined Oct 2008 | Status: sideline is a position | 105,211 Posts
those who can, do. those who cant, talk about those who can
- #521,358
- Aug 12, 2011 3:40am Aug 12, 2011 3:40am
- Joined Aug 2009 | Status: Ride the Pig | 31,271 Posts
Look Sharp/Trade Tight
- #521,359
- Aug 12, 2011 3:41am Aug 12, 2011 3:41am
- | Joined Jul 2009 | Status: yo | 3,577 Posts
the hourly.. still in a clusterfuck
