EURO nations helped India during 1991, so India will help EU in return
- #538,164
- Sep 14, 2011 7:43am Sep 14, 2011 7:43am
- | Additional Username | Joined Aug 2010 | 1,745 Posts
From last three days USD is silently weakening
US is in deeper shit than EU all problems combined
- US investments in Oil are well known
- US investments in Afghan Opium production are well known
- US investments in mining sector is well known
the eco shit is all fabricated to destroy world competition and idiots fall for the trap thinking US is in deep shit. 
- #538,166
- Sep 14, 2011 7:44am Sep 14, 2011 7:44am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
From last three days USD is silently weakening
US is in deeper shit than EU all problems combined
Where on the other hand U.S. is a single country. I havent seen US being "Donated" by the IMF, and i believe US just need to change foreign policy, on their presence on the world, and im sure they can cut losses, and use the money they have on their homeland. I believe this would be a good long term plan. To print more money into banks, and having short-term austerity measures aint going to go good for the long-term. They need to see the bigger picture.
Have I got something on my face, SOLDIER?
- #538,169
- Sep 14, 2011 7:47am Sep 14, 2011 7:47am
- | Additional Username | Joined Aug 2010 | 1,745 Posts
From last three days USD is silently weakening
US is in deeper shit than EU all problems combined
- #538,170
- Sep 14, 2011 7:50am Sep 14, 2011 7:50am
when there is a bounce, how do you know confirmation? please help me here. it has always confounded me...
You hedge on the line, so that N hours later you can boast on FF that you shorted/longed exactly on the line (notwithstanding that you didnt actually cancel the other half of the hedge until 20 pips later...)
Dunno about other people, but you just get a feel for when its going to give up poking at a support/resistance. Three strikes and your out rule often applies as well..
Setting very tight stops initially as well can help - get it wrong you loose such a tiny amount its not worth worrying about. Also if Im being speculative around a boundariy, my first trades to establish the position are very small, then I load on more as confidence in the position increases and risk associated with the position decreases (ie stops moved to BE etc and doirection confirmed etc). Not unusual for me to get kicked out of a border line trade several times for 1 pip loss each time when trying to get in at exactly the perfect time.
Other approach DONT get in too early - look around for the previous extens of failed penetration of a S/R line and dont enter till that distance is exceeded and its picking up momentum - 80/20 rule and all that. Trying waiting till an appropriate timeframe candle has closed on the right side if you want stronger confirmaion (finding the right timeframe can be fun tho...)
Talking of which, looks like its having another go at 3740...
- #538,171
- Sep 14, 2011 7:50am Sep 14, 2011 7:50am
- | Additional Username | Joined Aug 2010 | 1,745 Posts
- #538,178
- Sep 14, 2011 7:54am Sep 14, 2011 7:54am
- | Additional Username | Joined Aug 2010 | 1,745 Posts
Check the chart of dxy
- #538,179
- Sep 14, 2011 7:55am Sep 14, 2011 7:55am
- | Additional Username | Joined Aug 2010 | 1,745 Posts
i saw the move off double top was weak on the M5 at 3736 while i was eating my sandwich then saw bullish engulf candle form and jump back in long and moved BE to +15
i dont think 3736 is done yet and could try for third time for triple top/tap
- #538,180
- Sep 14, 2011 7:57am Sep 14, 2011 7:57am
- Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts
When life gives you lemons, make lemonade