EurAnalysis | Page 314 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD

Similar Threads

EurAnalysis Kindergarten 24 replies

Attachments: EurAnalysis
Exit Attachments

EurAnalysis

  • #6,261
  • Oct 29, 2011 7:35am Oct 29, 2011 7:35am
You have very clever thoughts Fool, I really enjoy your posts. And I assume this was a typo or I misunderstood. I agree with rest of the post, but this is a huge misleading simplification.

T

Quoting The Fool
What happens to you if you would like to or actually do abandon the usd as a predominant medium of payment for crude (i.e., Saddam Hussein, Moamar Qaddafi, Hugo Chavez, Iran)...? You get bombed or ostracized.
"I know one thing, that I know nothing." Sokrates
  • #6,262
  • Oct 29, 2011 7:53am Oct 29, 2011 7:53am
Quoting AaronWard
I agree that I would not bet against the Euro ...
That is a very interesting one post. Especially part with those military bases.

I dont feel I am under media pressure, yet I acknowledge flow of information is heavily influenced by american capital.

Nevertheless, I agree to most of operations US is doing. It is easy to say those guys are bad, they are attacking those poor nations. But those poor nations with US armies on their soil are in fact a very nasty oligopoly. Very nasty oligopoly ruled by islamic shiite leaders or, in case of Venezuela, by communistic dictator. Those are real threats to open market and free flow of goods. America may have chosen wrong way by sending military there. I dont feel educated enough for finding better solution, but sometimes, when dialogue fails, force has to strike.

T.
"I know one thing, that I know nothing." Sokrates
  • #6,263
  • Oct 29, 2011 8:05am Oct 29, 2011 8:05am
Ok I admit, I am spammer. But its weekend, halelujah, just press ignore if you dont like it .

Sisse, you are right as usual. I just wanted to expand this topic. In Czech republic, we have fkin hoards coal, and there are hoards of coal in Poland as well. If it wasnt for Green EU regulations, there wouldnt be any problems with energy. If it wasnt for these regulations and we were allowed to mine the coal we would totally wipe out whole our nations debt. Moreover, atomic power is the most clean power ever made and we are leaning away from it. Fook the green socialistic bastards I say!

EDIT for Blobik: I just read your post below this one from Sisse. I see you are on the same wave .

T.

Quoting sisse
I agree with PT in his previous post....
"I know one thing, that I know nothing." Sokrates
  • #6,264
  • Oct 29, 2011 8:11am Oct 29, 2011 8:11am
Quoting Tom_D_Trader
That is a very interesting one post. Especially part with those military bases.

I dont feel I am under media pressure, yet I acknowledge flow of information is heavily influenced by american capital.

Nevertheless, I agree to most of operations US is doing. It is easy to say those guys are bad, they are attacking those poor nations. But those poor nations with US armies on their soil are in fact a very nasty oligopoly. Very nasty oligopoly ruled by islamic shiite leaders or, in case of Venezuela, by communistic dictator. Those are real threats...
I'm sorry and sad about you ..and what you know around the world !!!

Inserted Video
  • #6,265
  • Oct 29, 2011 8:22am Oct 29, 2011 8:22am
Quoting Tom_D_Trader
That is a very interesting one post. Especially part with those military bases.

I dont feel I am under media pressure, yet I acknowledge flow of information is heavily influenced by american capital.

Nevertheless, I agree to most of operations US is doing. It is easy to say those guys are bad, they are attacking those poor nations. But those poor nations with US armies on their soil are in fact a very nasty oligopoly. Very nasty oligopoly ruled by islamic shiite leaders or, in case of Venezuela, by communistic dictator. Those are real threats...
Tom,

There are many bad guys in the world...but only the ones with oil get their ass kicked. And then, after finishing with the ass kicking, the US kinda "forgets" to go home. You can believe rhetoric... or actions.

The idea that these two bit countries are threatening the open market...how... my mind struggles with the idea that any of these countries is going to shut down world markets.

Buma,

I look forward to subsequent posts. But remember, less is more. Also, since you wish to be treated like an adult, I will give you my frank opinion of astrology. It might be useful for chatting with girls at a bar, but when it comes to placing trades...But maybe I misunderstood. Maybe you were only having fun with astrology and do not use it for trading.
Kill the ego, or it will kill the mission.
  • #6,266
  • Oct 29, 2011 8:35am Oct 29, 2011 8:35am
Quoting bumapatria
Back to analysis...
intersting interesting.

okay for those (everyone) who dont understand the gann wheel i just got dates from important cycle patterns and p written up with the price levels as well. its best on commodities, and harder for euro usd. im thinking theoretically that example 127.4 November 7... what do you think that means? 1.4127.4? or 1.31274?
or maybe 1.1274?

i need thoughts.
okay basics: bigger planets bigger effects, like example saturn jupiter.

solve these mysteries to the best of your abilities:
[b][u]12...
I personally have always believed that there are no predictors to price.
The only guide I use is the most widely used technical indicators to guide me for better entries and possible reversal and continuation patterns.
If enough traders use a specific indicator, then it has an effect. Likewise, if very few traders use a specific indicator, then it is useless.

The markets are driven by fundamentals. The most widely used technical indicators are most effective for what we see as wave cycles during a longer term trend in line with market sentiment which is driven by fundamentals. Perhaps there is a misconception that it is the technical indicators that drive the markets because at least half the time they are correct. Well, statistically, when you flip a coin, half the time it will be heads.

So, since planetary cycles are a very rarely used indicator of price projections, I pay no attention to them. There is probably lots of correlation between gravitational forces on the earth and trader psychology but I fail to see how that would have anything to do with medium to long term market sentiment. Maybe it does but I have not seen anything to support it. I deal in hard numbers in my trading style, so subjective claims that planetary cycles can be a good predictor of future price movements is not convincing enough for me.

My trading style has been quite profitable. The most important lesson I have learned in my trading career is to know when to stay out of the market. If the fundamentals and technicals do not point in the same direction, or if the big boys are "intervening" against what makes sense to me, I simply do not trade. I guess you can say I am like a sniper. I don't chase my target. I wait for it to come to me.

Cheers
PT
Those who say it cannot be done should not interrupt those who are doing it
  • #6,267
  • Oct 29, 2011 8:37am Oct 29, 2011 8:37am
Quoting PipTrapper
If there was a Dmark/Drachma pair on my charts I'd already be long with as many lots as my margin can handle
I knew you would like that one.
Kill the ego, or it will kill the mission.
  • #6,268
  • Oct 29, 2011 8:48am Oct 29, 2011 8:48am
Quoting PipTrapper
Oh I absolutely ...
That was a very inspiring one conversation and this is link to summary. I am just qouting it for lazy guys who just turned FF on and dont enjoy reading like myself.

So read it guys.

T
"I know one thing, that I know nothing." Sokrates
  • #6,269
  • Oct 29, 2011 8:50am Oct 29, 2011 8:50am
Quoting PipTrapper
I am flat until the poop hits the fan
Hahaha. Flat we are, sir.
"I know one thing, that I know nothing." Sokrates
  • #6,270
  • Oct 29, 2011 8:55am Oct 29, 2011 8:55am
Quoting Tom_D_Trader
Ok I admit, I am spammer. But its weekend, halelujah, just press ignore if you dont like it .
Spam away my friend. I always enjoy your posts.
After all, like you said. It's the weekend
Those who say it cannot be done should not interrupt those who are doing it
  • #6,271
  • Oct 29, 2011 8:59am Oct 29, 2011 8:59am
Quoting bumapatria
cycle trader?! im in love tom... hehee...
what cycle do you trade?
Tom cycle . I will post stats soon, I am just trashed after yesterday, so I am kinda slow.

Btw, while chatting here, I think you guys deserve to know who the heck are you dealing with, so I shall look for some picture of mine. I am quite heavily paranoid when it comes to internet so I will leave it here only during this weekend.

T.
"I know one thing, that I know nothing." Sokrates
  • #6,272
  • Oct 29, 2011 9:08am Oct 29, 2011 9:08am
Quoting PipTrapper
Spam away my friend. I always enjoy your posts.
After all, like you said. It's the weekend

can i close all my orders at market open if it will not reach SL ?? and in one click as soon as possible in profit or loss ??

you can explain if there is gap downside , why it will down ??

thank you
  • #6,273
  • Edited 9:37am Oct 29, 2011 9:23am | Edited 9:37am
Quoting foto
....
Is there anything real that supports this in the market. Yesterday PT made the post from Oanda. Longs and Shorts are both in the red. So it is a range market which has trapped both sides depending upon when they took entry.

Would be interesting if anyone else has a viewpoint on this matter.
Thanx
Quoting foto
....
As the debt becomes defaulted upon, effective money decreases.
We have a fractal banking system whereby growth of debt on bank books becomes multiplied through the economy.
Since it is not a cash based but debt created gdp, as debt is decreased gdp should likewise decrease. That results in a deflation. Less money available to buy available goods....

Those are excellent posts!

I see it as such complex idea that I actually have only one viewpoit you were asking for:

You are right

T.
"I know one thing, that I know nothing." Sokrates
  • #6,274
  • Oct 29, 2011 9:52am Oct 29, 2011 9:52am
This discount window issue, creates very nice shorterm outlook. Would be nice to know how long are they going to keep the window opened. It is starting to get chilly out there. I already tried to explore it once (from your previous post) and still dont have much clue on how much money could be flowing that way.

T.

Quoting The Fool
...
Short squeeze, CB interventions, it has been a tough flood to fade. There will have to be some hawkish news out of the Fed next week, and also some bad news about the EZ debt crisis fix, to keep e/u from continuing to advance into the 1.4's.
"I know one thing, that I know nothing." Sokrates
  • #6,275
  • Oct 29, 2011 9:54am Oct 29, 2011 9:54am
Quoting al5al majd
can i close all my orders at market open if it will not reach SL ?? and in one click as soon as possible in profit or loss ??

you can explain if there is gap downside , why it will down ??

thank you
there is a script on MT4 that will allow you to close all orders at once, but sometimes it does not work properly and leaves some orders opened.

It is called close_all and you can find it in the scripts section of the navigator.
Simply drag it to any open chart and it will close all your open orders for all instruments (not just the one of the chart)

If you do not have the close_all script installed, I have attached it here.

As for a gap down or up, I do not know. I doubt there will be any significant gap, just a small one. However, there could be a big one if something happens on the weekend. This is something we will only find out once the markets open.

If you want to see what the average price is on the weekend or before your broker opens, you can go to this link at xe.com

Cheers
PT

.
Attached Image
Attached File(s)
File Type: mq4 close_all.mq4   1 KB | 195 downloads
Those who say it cannot be done should not interrupt those who are doing it
  • #6,276
  • Oct 29, 2011 10:00am Oct 29, 2011 10:00am
Quoting The Fool
People like to talk about the fundies in this thread. The hard thing about FA in a time of persistent and sometimes coordinated CB intervention is that ... most of it doesn't really matter if it is not directly anticipating/factoring in whatever the CB's may be doing.
I saw you were posting it. And although I really enjoy fundamental analysis, core of my FX strategy lies within crowd psychology.

But to the point. CB aint superpowerfull. The only CB in the world who has actually power is FED. And even FED has its limits and is weak when compared to actions of politicians. Right now, not only FED, but SNB as well (ECB as well, but from another reason) suffer huge losses because they are going against the market. At some point, they will be politically pressured to step away when their losses accumulate.

T.
"I know one thing, that I know nothing." Sokrates
  • #6,277
  • Oct 29, 2011 10:26am Oct 29, 2011 10:26am
You are right as usual. It is a hidden monetization. Unfortunately. The real problems could start if they stopped hiding it, publicly announced and started printing. I still believe EU nations wouldnt dare to do such thing.

T.

Quoting foto
...
The recent Fed lending to the ECB shored up Europe, it was not the other way around. Europe has stuck to the hard currency speech but the ECB did monetize, whatever form it takes, they created money to buy sovereign debt. The only thing they have done in Europe was maintain an interest rate yield, unlike the Fed. ...
"I know one thing, that I know nothing." Sokrates
  • #6,278
  • Oct 29, 2011 10:39am Oct 29, 2011 10:39am
Amazing how things have changed.
.
Attached Image (click to enlarge)
Click to Enlarge Name: 15yearsago.jpg Size: 61 KB
Those who say it cannot be done should not interrupt those who are doing it
  • #6,279
  • Oct 29, 2011 10:41am Oct 29, 2011 10:41am
Quoting PipTrapper
Amazing how things have changed.
.
You forgot the picture of what happens when we go to work...
Kill the ego, or it will kill the mission.
  • #6,280
  • Oct 29, 2011 10:46am Oct 29, 2011 10:46am
I see you came to topic of Elliot waves and are looking at it from wrong angle. Let me teach you some:

Elliot waves are system based at crowd psychology. And as psychology of crowd evolves, there cant be any strict rules. Psychology of market went a long way since 1930s and Elliot wouldnt want you to stick to his great work. He would like you to evolve it.

T.
"I know one thing, that I know nothing." Sokrates
25 traders viewing now