The Really Useless Thread | Page 595 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The Really Useless System 25 replies

Bloomberg: VIX Indicator useless for forecasting the direction of equity prices 0 replies

The Really Really Boring Forex System 97 replies

Attachments: The Really Useless Thread
Exit Attachments

The Really Useless Thread

  • #11,881
  • Sep 13, 2011 2:51am Sep 13, 2011 2:51am
Quoting gatorinla
my business does well. in any business you dont know the future. all i hear is hold my hand and make me not fail. in the real world, i hire someone if i need someone. that other talking point crap does not control a thing i do or dont do.
I agree with that

the media doesnt help much either because the vast sentiment of citizens globally is increasingly drab and terrible.... no thanks to constant bombardment of negative news by the media.... it sort of sucks the will out of most people
  • #11,882
  • Sep 13, 2011 2:52am Sep 13, 2011 2:52am
Quoting Wulfgar
.... it sort of sucks the will out of most people

But that is what the establishment wants, they always want their citizens to have something to fear to keep them in check.

I for one am all for it, keep the masses dumb.
  • #11,883
  • Sep 13, 2011 2:53am Sep 13, 2011 2:53am
Quoting cloggie
The issue is that right now they don't want to push the boat too far as it will hurt them in reelections, too many French and German voters balk at further bailouts. If they get reelected we will see a further appetite for saving the euro, longer term it makes perfect sense to Germany/France.
Last i heard Merkels case wasnt lookin too good... dissenters in her own party even...

I wonder what tricks she will pull out of her cleavage to get reelected...
  • #11,884
  • Sep 13, 2011 2:55am Sep 13, 2011 2:55am
Quoting cloggie
But that is what the establishment wants, they always want their citizens to have something to fear to keep them in check.

I for one am all for it, keep the masses dumb.
lol

its just boring... i watch less TV than I ever have these days cuz its just depressing
  • #11,885
  • Sep 13, 2011 2:55am Sep 13, 2011 2:55am
Quoting cloggie
China slowing is not helping demand either.
yep... and maybe i can buy the kiwi at 0.33 in a year or 2 and just hold for the interest as economy improves.
Attached Image (click to enlarge)
Click to Enlarge Name: usdx.PNG Size: 19 KB
those who can, do. those who cant, talk about those who can
  • #11,886
  • Sep 13, 2011 2:58am Sep 13, 2011 2:58am
Quoting gatorinla
yep... and maybe i can buy the kiwi at 0.33 in a year or 2 and just hold for the interest as economy improves.

You are right, this whole mess will create some fabulous carry trade opportunities.
  • #11,887
  • Sep 13, 2011 3:01am Sep 13, 2011 3:01am
Quoting cloggie
Nobody wants to buy their products. As an extreme example, I can buy a 1 yr old Cadillac here for the price of a new VW Polo, even used we Europeans won't pay more for a US car then it is worth its weight in metal.

The only way for Detroit to survive is jump 20 years in development and that is something they can't afford right now.

Detroit still uses leaf springs in their cars, we haven't used them since the horse and carriage and they were shit back then.
Is simple economics and is exactly the same as Greece. They have to get real and cut the crap and stop producing what they are not good at and shift production to something more competitive.

The worse thing that happened in the US during the recession was bailing out the inefficient dead car industry instead of cleaning the problem from the root (same problem for the housing bubble in the UK). Pure populism and miss-perception that defending inefficiency is the way to growth and blaming China or, in the case of the car industry, everybody else for the failure....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #11,888
  • Sep 13, 2011 3:02am Sep 13, 2011 3:02am
Quoting Wulfgar
Last i heard Merkels case wasnt lookin too good... dissenters in her own party even...

I wonder what tricks she will pull out of her cleavage to get reelected...

Sarkozy is riding high on the back of Libya, Germany really fucked that one up. Merkel will continue to use the Euro as political capital by refusing any further deals and bailouts to look good at home for now.
  • #11,889
  • Sep 13, 2011 3:04am Sep 13, 2011 3:04am
Quoting sisse
Is simple economics and is exactly the same as Greece. They have to get real and cut the crap and stop producing what they are not good at and shift production to something more competitive.

The worse thing that happened in the US during the recession was bailing out the inefficient dead car industry instead of cleaning the problem from the root (same problem for the housing bubble in the UK). Pure populism and miss-perception that defending inefficiency is the way to growth and blaming China or, in the case of the car industry, everybody else...
You and I are pure capitalists, we look at the world differently then politicians do. Protectionism never works. They should have just let the whole lot bankrupt itself, who really cares other then a few unions and overpaid workers. That was a great chance to clean it up, nobody had the balls to do it though.

Housing bubbles is the same issue, the US should just have allowed Freddy/Fanny to go bankrupt, who really cares about houses for NINJA's. They propped up the wrong end of the economy.
  • #11,890
  • Sep 13, 2011 3:04am Sep 13, 2011 3:04am
Quoting sisse
Is simple economics and is exactly the same as Greece. They have to get real and cut the crap and stop producing what they are not good at and shift production to something more competitive.

The worse thing that happened in the US during the recession was bailing out the inefficient dead car industry instead of cleaning the problem from the root (same problem for the housing bubble in the UK). Pure populism and miss-perception that defending inefficiency is the way to growth and blaming China or, in the case of the car industry, everybody else...
disagree.. it would of been the worst thing to do. for the u.s. and all its allies
those who can, do. those who cant, talk about those who can
  • #11,891
  • Sep 13, 2011 3:05am Sep 13, 2011 3:05am
Crazy rat-bastard!

Attached Image (click to enlarge)
Click to Enlarge Name: 1min.PNG Size: 27 KB
  • #11,892
  • Sep 13, 2011 3:06am Sep 13, 2011 3:06am
Quoting gatorinla
disagree.. it would of been the worst thing to do. for the u.s. and all it allies
Why? because of the social cost in jobs?

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #11,893
  • Sep 13, 2011 3:06am Sep 13, 2011 3:06am
Quoting cloggie
Sarkozy is riding high on the back of Libya, Germany really fucked that one up. Merkel will continue to use the Euro as political capital by refusing any further deals and bailouts to look good at home for now.
Ya I noticed sarkozy was playing the whole libya thing out and people are eating it up

Gonna be some exiting elections around the world this year....
  • #11,894
  • Sep 13, 2011 3:08am Sep 13, 2011 3:08am
Quoting gatorinla
disagree.. it would of been the worst thing to do. for the u.s. and all its allies

It would have been better in the long term. They should have focused on high tech industry that they can be competitive in, not the low tech side of the economy.
  • #11,895
  • Sep 13, 2011 3:08am Sep 13, 2011 3:08am
Quoting kenfen69
Crazy rat-bastard!
Hehe...In and out!

Attached Image (click to enlarge)
Click to Enlarge Name: 1min.PNG Size: 28 KB
  • #11,896
  • Sep 13, 2011 3:08am Sep 13, 2011 3:08am
Quoting cloggie
You and I are pure capitalists, we look at the world differently then politicians do. Protectionism never works. They should have just let the whole lot bankrupt itself, who really cares other then a few unions and overpaid workers. That was a great chance to clean it up, nobody had the balls to do it though.
that was attempted back in the late 20's with hoovers Lassiaz-faire policies

hell the fed even tightened monetary policy from 1928-33... they sure let the market "correct itself".. over 10,000 banks failed... unemployment soared to 25%... honestly who knows how bad it would of gotten if FDR hadnt come in...

not to say the market wouldnt of corrected itself eventually.... but man.... talk about real pain...
  • #11,897
  • Sep 13, 2011 3:11am Sep 13, 2011 3:11am
Quoting Wulfgar
.... but man.... talk about real pain...

Embrace the pain, embrace the pain......
  • #11,898
  • Sep 13, 2011 3:12am Sep 13, 2011 3:12am
Quoting sisse
Why? because of the social cost in jobs?

sisse
nope... because of war. w/o out a manufacturing, skilled workforce and the infrastructure. those Shermans would have never seen Europe. and you and many of the posters here may not be here.
those who can, do. those who cant, talk about those who can
  • #11,899
  • Sep 13, 2011 3:12am Sep 13, 2011 3:12am
Quoting Wulfgar
that was attempted back in the late 20's with hoovers Lassiaz-faire policies

hell the fed even tightened monetary policy from 1928-33... they sure let the market "correct itself".. over 10,000 banks failed... unemployment soared to 25%... honestly who knows how bad it would of gotten if FDR hadnt come in...

not to say the market wouldnt of corrected itself eventually.... but man.... talk about real pain...
Quick death with potential rebound or slowly painful one cracking all confidence and treating.the next generation in the process...choose your poison...I know mine and especially in the US (is not a banana Republic) that is not short at all in competitive sectors...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #11,900
  • Sep 13, 2011 3:14am Sep 13, 2011 3:14am
taking 1/2 off at 119 pips. actual gain = 60 pips. covered. 1:3 rr.
news out in 15 min. we are at the support.
17 traders viewing now