undersupply euro, oversupply usd, remove from pressure cooker, enjoy rally with spoon
Parity before
The Really Useless Thread
- #32,981
- Nov 11, 2011 6:56pm Nov 11, 2011 6:56pm
- Joined Apr 2011 | Status: That the best u can do, u pansies? | 6,087 Posts
Parity before
- #32,982
- Nov 11, 2011 6:57pm Nov 11, 2011 6:57pm
- Joined Sep 2006 | Status: Collector | 9,833 Posts
ECB doesn't print while the Fed is doing it for them. Prolly will come out a couple years from now if we're still here. In realtime, you can't really know what the CBs are doing. My guess is that there has been a massive pipeflow of usd to the ECB this fall.
ah, but what the Lord giveth, the Lord taketh away. If/when the eurozone settles down the the supply/demand dynamic should swing back with a euro fall. Fall from where when? Sheesh...top to low-mid 1.5's to revert to mid-high 1.4's end 1st qtr 2012.
Unless there's more eurozone dysfunction...
Easy part is: They dont need to print [for now],
and for others.. just a lesson of democracy:
You listen, or we overthrow your government;
as they just done with Greece and Italy. [ just as example to point: Who is the BOSS in da House...]
Nice Guys. Smart. I like them..
P.S: Welcome back Ken
- #32,983
- Nov 11, 2011 7:01pm Nov 11, 2011 7:01pm
- Joined Apr 2011 | Status: That the best u can do, u pansies? | 6,087 Posts
- #32,984
- Nov 11, 2011 7:22pm Nov 11, 2011 7:22pm
- Joined Apr 2009 | Status: Live and learn. | 25,239 Posts | Online Now
"If The Fool persists in his Folly he will become wise." - William Blake
- #32,987
- Nov 11, 2011 7:47pm Nov 11, 2011 7:47pm
- Joined Apr 2009 | Status: Live and learn. | 25,239 Posts | Online Now
"If The Fool persists in his Folly he will become wise." - William Blake
- #32,988
- Edited 8:35pm Nov 11, 2011 8:15pm | Edited 8:35pm
- Joined Jul 2010 | Status: Weebley Wobbly Timey Wimey stuff | 10,604 Posts
I have absolutely changed my style lately....play weekly nums and wait till 12est typically....20 pips guaranteed.....The weekly levels are safest because they retrace there before a big direction......it been a steady, steady 40-60 pips a day....and ZERO stress...Also....if you see the euro stair stepping with the retraces bouncing off the previous highs...it aint gonna turn...its straight up continuation (either direction)....FWIW
And, speaking of stress reductions... i'm going to start focusing more on my daily plays again. I've seen maybe a 20% increase in pips, but a 1000% increase in stress... on the lower charts.
Partly because of the job and what not... but yeah; to much to handle at times
- #32,989
- Nov 11, 2011 8:56pm Nov 11, 2011 8:56pm
- Joined Apr 2011 | Status: That the best u can do, u pansies? | 6,087 Posts
Stair stepping is my favorite style of trading. Hold short until swing high is made, hold long until a swing low is made.
And, speaking of stress reductions... i'm going to start focusing more on my daily plays again. I've seen maybe a 20% increase in pips, but a 1000% increase in stress... on the lower charts.
Partly because of the job and what not... but yeah; to much to handle at times
In fact day trading has been all red for me ... Frankly I'm just rollin deep on 12hr/dailys/weeklies/monthlies
Life has been good and I can sleep at night
- #32,990
- Nov 12, 2011 3:06am Nov 12, 2011 3:06am
- Joined May 2009 | Status: Re-member | 6,497 Posts
U and me both brother
In fact day trading has been all red for me ... Frankly I'm just rollin deep on 12hr/dailys/weeklies/monthlies
Life has been good and I can sleep at night
but I am not complaining and would never swap with any other job
the reward is just too good
- #32,992
- Nov 12, 2011 11:02am Nov 12, 2011 11:02am
- Joined Apr 2011 | Status: That the best u can do, u pansies? | 6,087 Posts
wtf?
- #32,993
- Nov 12, 2011 4:15pm Nov 12, 2011 4:15pm
- Joined May 2009 | Status: Re-member | 6,497 Posts
I get all those except making the world a better place.... Who would want to do that??
hehe,
bastard
- #32,994
- Nov 12, 2011 4:15pm Nov 12, 2011 4:15pm
- Joined Oct 2007 | Status: Sniper | 14,770 Posts
I get all those except making the world a better place.... Who would want to do that??
- #32,995
- Nov 12, 2011 4:22pm Nov 12, 2011 4:22pm
- Joined Apr 2011 | Status: That the best u can do, u pansies? | 6,087 Posts
- #32,996
- Nov 12, 2011 8:31pm Nov 12, 2011 8:31pm
- Joined May 2008 | Status: Voodoo Lotions & Potions | 26,565 Posts
- #32,998
- Nov 12, 2011 9:30pm Nov 12, 2011 9:30pm
- Joined May 2008 | Status: Voodoo Lotions & Potions | 26,565 Posts
- #33,000
- Nov 13, 2011 9:25am Nov 13, 2011 9:25am
- Joined Jan 2009 | Status: Pharaoh | 1,612 Posts
Don't have an ego. Always question yourself and your ability.