Negative: trix above Zero line
- #11,121
- Nov 22, 2011 5:27am Nov 22, 2011 5:27am
- Joined Jul 2008 | Status: "Not all information is beneficial. | 1,724 Posts
Negative: trix above Zero line
- #11,123
- Nov 22, 2011 5:32am Nov 22, 2011 5:32am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
my sl was hit - time to sit back....... :-)
its great to interpret order flow. i saw that sellers were making last push, but in fact was more or less bulls making a trap of a fake double top. if you see the way pricce moved, it showed signs of ready to push up. sellers taht sold are those who 'sold at resistance' and are not reading order flow.
shouldnt u be managed to get a few from taht one like 20+?
Have I got something on my face, SOLDIER?
- #11,124
- Nov 22, 2011 5:35am Nov 22, 2011 5:35am
- Joined Jun 2011 | Status: Scratching my head. | 3,578 Posts | Online Now
Kill the ego, or it will kill the mission.
- #11,126
- Nov 22, 2011 5:36am Nov 22, 2011 5:36am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
Have I got something on my face, SOLDIER?
- #11,127
- Nov 22, 2011 5:43am Nov 22, 2011 5:43am
next time either u hunt my stop or we hunt together
its great to interpret order flow. i saw that sellers were making last push, but in fact was more or less bulls making a trap of a fake double top. if you see the way pricce moved, it showed signs of ready to push up. sellers taht sold are those who 'sold at resistance' and are not reading order flow.
shouldnt u be managed to get a few from taht one like 20+?
I think its time now for a cup of tea :-)
patience is a virtue
- #11,128
- Nov 22, 2011 5:44am Nov 22, 2011 5:44am
Had I known that PA would rocket down 20 pips from 1.3521 in record speed of 3 hours, I would have put in 10 standard lots!
That's scalping in slow-mo!
- #11,129
- Nov 22, 2011 5:48am Nov 22, 2011 5:48am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
As each day passes, it becomes more and more apparent that there are forces in the market who would prefer a stronger Euro. These forces are obviously the US Gov and the Chinese Gov., for with a weaker Euro, Europe may become competitive in the global trade market and perhaps put a dent in their market share. This I have known for a long time. It is so obvious to anyone who understands how the global marketplace works.
What baffles me is why the heck certain muppets of Europe (Miss Piggy comes to mind) want a strong Euro. Do they really want to slip into a recession and lose market share for all the goods manufactured in Europe. Does the German government feel that the world will still want their goods no matter what the price, just because they are German made? Ok granted... German products are for the most part superior in quality to those Chinese knockoffs and some gloating about that is allowed, but what about the rest of Europe? The Euro is not a German currency. It is a shared common single currency of 17 sovereign nations. With that comes a responsibility by every nation to work in harmony with each other. Germany must accommodate the other nations needs of a more competitive global economy and allow some monetary easing. Their paranoia of hyperinflation is unfounded and amounts to no less than a little girl being afraid of little harmless spiders because they have as many legs as a tarantula. Severe fiscal austerity is not the answer for the peripheral EZ members. It has to be a balanced approach of austerity and stimulus, otherwise their fate will be worse than what it is now.
This type of arrogance and incompetence from the master Muppets will surely spell out a very dire future for the European economy and as such will also hurt China and the US. Extremes do not work well. They never did. They cause global imbalances which are irreparable. Moderation, cooperation and balance is what the world needs but nobody is brave enough to step up to the plate and propose it. They all think "me me me" which will eventually serve to destroy them.
The solution is simple. A coordinated effort between all 17 Eurozone nations and the ECB to bring the value of the Euro down to a level which will stimulate growth in all 17 nations. This will make it much less painful for the severely indebted ones to implement the required austerity measures.
If they don't do it the easy way, the market will do it for them the hard way.
My 2 cents
What baffles me is why the heck certain muppets of Europe (Miss Piggy comes to mind) want a strong Euro. Do they really want to slip into a recession and lose market share for all the goods manufactured in Europe. Does the German government feel that the world will still want their goods no matter what the price, just because they are German made? Ok granted... German products are for the most part superior in quality to those Chinese knockoffs and some gloating about that is allowed, but what about the rest of Europe? The Euro is not a German currency. It is a shared common single currency of 17 sovereign nations. With that comes a responsibility by every nation to work in harmony with each other. Germany must accommodate the other nations needs of a more competitive global economy and allow some monetary easing. Their paranoia of hyperinflation is unfounded and amounts to no less than a little girl being afraid of little harmless spiders because they have as many legs as a tarantula. Severe fiscal austerity is not the answer for the peripheral EZ members. It has to be a balanced approach of austerity and stimulus, otherwise their fate will be worse than what it is now.
This type of arrogance and incompetence from the master Muppets will surely spell out a very dire future for the European economy and as such will also hurt China and the US. Extremes do not work well. They never did. They cause global imbalances which are irreparable. Moderation, cooperation and balance is what the world needs but nobody is brave enough to step up to the plate and propose it. They all think "me me me" which will eventually serve to destroy them.
The solution is simple. A coordinated effort between all 17 Eurozone nations and the ECB to bring the value of the Euro down to a level which will stimulate growth in all 17 nations. This will make it much less painful for the severely indebted ones to implement the required austerity measures.
If they don't do it the easy way, the market will do it for them the hard way.
My 2 cents
Those who say it cannot be done should not interrupt those who are doing it
- #11,132
- Edited 6:11am Nov 22, 2011 6:09am | Edited 6:11am
- | Additional Username | Joined Oct 2011 | 2,098 Posts
- #11,133
- Nov 22, 2011 6:11am Nov 22, 2011 6:11am
- | Membership Revoked | Joined Jan 2007 | 3,555 Posts
- #11,134
- Nov 22, 2011 6:16am Nov 22, 2011 6:16am
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
"I know one thing, that I know nothing." Sokrates
- #11,135
- Nov 22, 2011 6:16am Nov 22, 2011 6:16am
I saw Pbh mentioned debt free money. And that is very interesting point and I dont want that one to fall into oblivion. I may look at the issue from another point of view, but hear my historical (well, maybe theological this time) mumbo jumbo:
In the old Izrael, there was this saint year, called Shmita. It was Sabbatical year which was each seven years. In this year, debts between jews were forgiven, since jews believed, that long term debt burden is not good for their national economy.
And look how far jews go, they are really good economists...
- #11,136
- Nov 22, 2011 6:19am Nov 22, 2011 6:19am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
Have I got something on my face, SOLDIER?
- #11,137
- Nov 22, 2011 6:19am Nov 22, 2011 6:19am
- | Additional Username | Joined Oct 2011 | 2,098 Posts
- #11,138
- Nov 22, 2011 6:21am Nov 22, 2011 6:21am
- Joined Jun 2011 | Status: Scratching my head. | 3,578 Posts | Online Now
Kill the ego, or it will kill the mission.
- #11,139
- Nov 22, 2011 6:22am Nov 22, 2011 6:22am
- Joined Jul 2008 | Status: "Not all information is beneficial. | 1,724 Posts
- #11,140
- Nov 22, 2011 6:27am Nov 22, 2011 6:27am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it