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  • #2,681
  • Sep 7, 2011 10:05am Sep 7, 2011 10:05am
Quoting SirMcPip
I assume you are talking about the European Exchange Rate Mechanism. I do remember that day very well indeed.
Anyway, today Karlsruhe rendered pretty much the expected verdict. Doesnt make life easier for the EU handouts to Greece with the Bundestag having to approve each detail. What do you think? Greek EMU exit looming? Somethings gonna pop soon in the EU, thats for sure.
Greece's exit from EMU will cause a domino effect under the other peripheral countries(spain, portugal, italy)... That would be the beginning of the end of EMU.
By the way good old Europe has to take care of Greece in one or the other way - the biggest holders of Greece's debt are french and german banks.
So WE have to solve the problem and not just get rid of it.
  • #2,682
  • Sep 7, 2011 10:08am Sep 7, 2011 10:08am
And Merkel is really intelligent ...

She's a true born HANSEAT ... born in Hamburg ... as pure and real "Hanseatin" ...

That means something ... they are very special the true "Hanseaten" ...

Mr. Helmut Schmidt (the man who would not talk in USA if not invited with a few packages of cigarettes) is one of them too ! ! !
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #2,683
  • Sep 7, 2011 10:12am Sep 7, 2011 10:12am
Quoting reloaded
Greece's exit from EMU will cause a domino effect under the other peripheral countries(spain, portugal, italy)... That would be the beginning of the end of EMU.
By the way good old Europe has to take care of Greece in one or the other way - the biggest holders of Greece's debt are french and german banks.
So WE have to solve the problem and not just get rid of it.
Thats wrong my friend. Its the banks that have the problem and they got themselves in the problem. So let them go to hell and default. Iceland showed us how nicely this is possible.
  • #2,684
  • Sep 7, 2011 10:21am Sep 7, 2011 10:21am
Quoting SirMcPip
Thats wrong my friend. Its the banks that have the problem and they got themselves in the problem. So let them go to hell and default. Iceland showed us how nicely this is possible.
I am with you on this but maybe I wasn't clear enough in my statement.
So i try to explain it now.
Wouldn't it be to dangerous to let the banks go to hell as you call it!?
No one knows the real consequences of such a move.
The banks are closely connected with the real economy of these countries, so it would affect the whole country and not just a "single branch". You would put the whole system back in panic mode.
Dont know if this is the way to go, even if you are a straight forward supporter of the neoliberalist system...to much is at play.
It would take decades to get the system back working after such a default move. Imho.
  • #2,685
  • Sep 7, 2011 10:22am Sep 7, 2011 10:22am
Quoting mercy seat
Europe ... that is at least GERMANY, FRANCE, ITALY, AUSTRIA and maybe a few BENELUX ...

Der Rest ist irgendwie Kind und Kegel ...

If they want to be with us ... then they have got a lot of homework do do I think ...



;-|
Why would anyone be with anyone. I cannot imagine Switzerland ever being anything other than a single sovereign nation state.
  • #2,686
  • Sep 7, 2011 10:25am Sep 7, 2011 10:25am
Always some nice rejection from any dowside attempts ...

We must be aware of those facts ...

And it is fully in line with our systems stances ...

http://www.forexfactory.com/attachme...7&d=1315393293



;-|
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-09-07_17h21_ EURUSD _ min005 _ (150) candle + Pivots + MA.PNG Size: 37 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #2,687
  • Edited 10:55am Sep 7, 2011 10:35am | Edited 10:55am
Quoting SirMcPip
Why would anyone be with anyone. I cannot imagine Switzerland ever being anything other than a single sovereign nation state.
Yes ... you are really the lucky one ...

You never have lost your national identity ...

Icke schon ... my beloved BERLIN is not the same as it has been before ...

Just the way as Meret Becker did say ...

And I do fully understand what you mean ...

That's the free electric HELVETIAN SPIRIT ...

Please ... let's pray they will never die ...

As it is written on the portas of the town hall of SAN MUREZZAN ... in ENGADINA ...

From the fairest creatures we desire increase ... etcetera ... sorry I have not the full text of that Shakespears words in mind temporarily ... temporarily only ...



We need some extra ride back into the future ... in order to correct some things ...


2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #2,688
  • Sep 7, 2011 10:41am Sep 7, 2011 10:41am
Done for the day.

Been mostly scalping missed 2 good setups unfortunately. Watch my previous post where my target hasalmost been hit but the trade was missed. At least whoever entered at 54 could get 40 pips


Quoting T@rantula
A bit late, maybe the move I have missed.

E:4075
S:4105
TO:4000


At the time of writing PA is 4050..I was waiting for the spike of the news.damn.

Typical.
  • #2,689
  • Sep 7, 2011 10:45am Sep 7, 2011 10:45am
Quoting T@rantula
Done for the day.

Been mostly scalping missed 2 good setups unfortunately. Watch my previous post where my target hasalmost been hit but the trade was missed. At least whoever entered at 54 could get 40 pips

Pips is pips ...

This has not been the last spike I think ...

Looks set for some more of them ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #2,690
  • Sep 7, 2011 10:50am Sep 7, 2011 10:50am
Look at this ...

Still the same settings applied on this five min chart ...

As explained before ...

TLs change automatically ...

Showing a broadening setup now ...



;-|
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-09-07_17h47_ EURUSD _ min005 _ (150) candle + Pivots + MA.PNG Size: 37 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #2,691
  • Sep 7, 2011 10:54am Sep 7, 2011 10:54am
Quoting mercy seat
Look at this ...

Still the same settings applied on this five min chart ...

As explained before ...

TLs change automatically ...

Showing a broadening setup now ...



;-|

One hour charts suggest we have seen our major move to the upside today ...

Doji in 30 min and 60 min charts ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #2,692
  • Sep 7, 2011 10:55am Sep 7, 2011 10:55am
Quoting mercy seat
Pips is pips ...

This has not been the last spike I think ...

Looks set for some more of them ...
This was the intraday setup on 5m chart. Selling the top.
  • #2,693
  • Sep 7, 2011 10:56am Sep 7, 2011 10:56am
Quoting mercy seat
Yes ... you are really the lucky one ...

You never have lost your national identity ...

Icke schon ... my beloved BERLIN is not the same as it has been before ...

Just the way as Meret Becker did say ...

And I do fully understand what you mean ...

That's the free electric HELVETIAN SPIRIT ...

Please ... let's pray they will never die ...

As it is written on the portas of the town hall of SAN MUREZZAN ... in ENGADINA ...

For the fairest creatures we desire increase ... etcetera ... sorry I have not the...
Or change the future ourselves....a one million man march on each EU capital and we get rid of these thugs immediately . In Arabia it was possible. In the EU it is possible as well. Ok, dinner time now . Later!
  • #2,694
  • Sep 7, 2011 11:02am Sep 7, 2011 11:02am
Quoting T@rantula
This was the intraday setup on 5m chart. Selling the top.
Both sides worked for us today ...

Strangers mindset is down ... potential is down as well ...

But a -10 value for bearish potential (as shown in survey) says it is over and done ...

Therfore our safest strategy has been to play it up from the grounds at 1.399x area ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #2,695
  • Sep 7, 2011 11:03am Sep 7, 2011 11:03am
Quoting SirMcPip
Or change the future ourselves....a one million man march on each EU capital and we get rid of these thugs immediately . In Arabia it was possible. In the EU it is possible as well. Ok, dinner time now . Later!

Ja ... mach es gut mein Lieber!

Enjoy your dinner!



2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #2,696
  • Sep 7, 2011 11:19am Sep 7, 2011 11:19am
Quoting mercy seat
Ja ... mach es gut mein Lieber!

Enjoy your dinner!



Maybe tomorrow we see higher levels again ...

Today it is pretty sure we will see a higher IMM settlement at 23:00 CET than yesterday ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #2,697
  • Sep 7, 2011 12:42pm Sep 7, 2011 12:42pm
Quoting mercy seat
Maybe tomorrow we see higher levels again ...

Today it is pretty sure we will see a higher IMM settlement at 23:00 CET than yesterday ...



;-|

Ha ...

IMM settlement in a little more than three hours ...




;-|
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-09-07_19h40_ EURUSD _ min006 _ (200) candle + Pivots + MA.PNG Size: 42 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #2,698
  • Sep 7, 2011 12:51pm Sep 7, 2011 12:51pm
Quoting mercy seat
Always some nice rejection from any dowside attempts ...

We must be aware of those facts ...

And it is fully in line with our systems stances ...

http://www.forexfactory.com/attachme...7&d=1315393293



;-|


Hi Mercy,


reason for limited downside is, in my view, that we are in the C-wave impulse (up) of an ABC flat. Yesterdays spike up was wave A, then the drop to yesterdays low was wave B and now possibly in wave 2 (maybe already beginning of wave 3) of the c-wave impulse

Should carry us against 4276

Catch you later,


Markus
  • #2,699
  • Sep 7, 2011 1:04pm Sep 7, 2011 1:04pm
Quoting infinitus
Hi Mercy,


reason for limited downside is, in my view, that we are in the C-wave impulse (up) of an ABC flat. Yesterdays spike up was wave A, then the drop to yesterdays low was wave B and now possibly in wave 2 (maybe already beginning of wave 3) of the c-wave impulse

Should carry us against 4276

Catch you later,


Markus

Hey ... thanx Fini ...

Yes ... nice to hear from your side ...

As you can see ... all those members even here do have nothing to say today ... nur Heisse Luft ...

Yes ... I cannot see much downside pressure ... and as you can see ... I give more explanation about how some things work as I should do ...

Tomorrow I will post my views "noch später" ...

As I don't like to shed out too much ...


Look at these structures and steps in six min charts ...




;-|
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-09-07_20h03_ EURUSD _ min006 _ (200) candle + Pivots + MA.PNG Size: 42 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #2,700
  • Sep 7, 2011 1:09pm Sep 7, 2011 1:09pm
As expected red falling TL from previous 6 min chart (http://www.forexfactory.com/attachme...9&d=1315417247) has been broken ...

An we will (!) close higher again today ...



;-|
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-09-07_20h05_ EURUSD _ min006 _ (200) candle + Pivots + MA.PNG Size: 41 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
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