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- #567,122
- Nov 29, 2011 4:54am Nov 29, 2011 4:54am
- | Membership Revoked | Joined Mar 2011 | 1,831 Posts
Trade responsiblypatience is the key/Swing trader
Was this the news (im no good at fundamentals 
) based on the bail out? has that happened yet?
if so, wouldn't that move on the way up a pre-speculation that things are going to be ok to stop people from selling their Euro bonds?
curious...
thanks
) based on the bail out? has that happened yet?if so, wouldn't that move on the way up a pre-speculation that things are going to be ok to stop people from selling their Euro bonds?
curious...
thanks
Euro is about to be replaced soon but Fundamentals are actually very bullish if price is what you are concerned about. Did i confuse you now?
- #567,124
- Nov 29, 2011 5:02am Nov 29, 2011 5:02am
- | Joined Jun 2010 | Status: The Villain | 2,565 Posts
- #567,127
- Nov 29, 2011 5:10am Nov 29, 2011 5:10am
- Joined Apr 2009 | Status: Trader | 1,522 Posts
Was this the news (im no good at fundamentals
if so, wouldn't that move on the way up a pre-speculation that things are going to be ok to stop people from selling their Euro bonds?
curious...
thanks
thanks for the reply...
not sure that answers my question though...
btw, my facebook profile says"
Political views: politicians suck
so I don't tend to listen to it, to be honest, I don't really have a clue what they are talking about.
A buddy of mine, a Euro Bond trader says that it could cause some havoc if and or when the $500 Bln bail out is confirmed and people will end up selling their bonds and jump ship and head over to the USD$... just like they did when USD$ was in trouble switching to EUR$'s
not sure that answers my question though...
btw, my facebook profile says"
Political views: politicians suck
so I don't tend to listen to it, to be honest, I don't really have a clue what they are talking about.
A buddy of mine, a Euro Bond trader says that it could cause some havoc if and or when the $500 Bln bail out is confirmed and people will end up selling their bonds and jump ship and head over to the USD$... just like they did when USD$ was in trouble switching to EUR$'s
Think politics my friend, always think politics. The official fundamentals that get published are usually made public late. The coming EU breakup was basically just recently picked up by the media although it was already set into motion a few years back. Fundamentals is not what you read in real time in the Financiall News every day and is also not the so called economic data that you get entertained with on an almost daily basis.. Cheers.
- #567,129
- Nov 29, 2011 5:27am Nov 29, 2011 5:27am
- Joined Apr 2009 | Status: Trader | 1,522 Posts
No,you are right, my answer has been very general, on purpose. I dont feel like getting into it again. After all its all just a huge conspiracy theory. But ask yourself which currency will likely be in great demand when the Euro disappears? What is the status of that currency in the world and what is internally happening in that country on the political level? Do you think the political establishment will act accordingly, will they act before everyone else does?
By the way, the Euro collpase will not mean a disaster. Quiet the contrary will be the case. Some initial turmoil, thats all. Fear mongering will cease when the inevitable happens and all will be well. The old boring game
.
By the way, the Euro collpase will not mean a disaster. Quiet the contrary will be the case. Some initial turmoil, thats all. Fear mongering will cease when the inevitable happens and all will be well. The old boring game
.thanks for the reply...
not sure that answers my question though...
btw, my facebook profile says"
Political views: politicians suck
so I don't tend to listen to it, to be honest, I don't really have a clue what they are talking about.
A buddy of mine, a Euro Bond trader says that it could cause some havoc if and or when the $500 Bln bail out is confirmed and people will end up selling their bonds and jump ship and head over to the USD$... just like they did when USD$ was in trouble switching to EUR$'s
gotcha, nice way of looking at it.. 
thanks ... food for thought
we British never believed in the EUR$ any way back in the day when Europe drop their soul currency... i was there protesting with the rest of them when they were implying GBP was gonna be dropped...
I personally believe that USD$ is gonna get stronger if they do what they plan, and shave off 1.2 Tril $ off the national debt in the next decade.
we'll see, they've not stuck to a promise yet, wonder if this time is going to be any different
thanks again!
thanks ... food for thought we British never believed in the EUR$ any way back in the day when Europe drop their soul currency... i was there protesting with the rest of them when they were implying GBP was gonna be dropped...
I personally believe that USD$ is gonna get stronger if they do what they plan, and shave off 1.2 Tril $ off the national debt in the next decade.
we'll see, they've not stuck to a promise yet, wonder if this time is going to be any different
thanks again!
No,you are right, my answer has been very general, on purpose. I dont feel like getting into it again. After all its all just a huge conspiracy theory you know. But ask yourself which currency will likely be in great demand when the Euro disappears? What is the status of that currency in the world and what is internally happening in that country on the political level?
By the way, the Euro collpase will not mean a disaster. Quiet the contrary will be the case. Some initial turmoil, thats all. Fear mongering will cease when the inevitable happens...
- #567,131
- Nov 29, 2011 5:33am Nov 29, 2011 5:33am
- | Joined Jun 2010 | Status: The Villain | 2,565 Posts
- #567,133
- Nov 29, 2011 5:38am Nov 29, 2011 5:38am
- Joined Apr 2009 | Status: Trader | 1,522 Posts
If you are thinking good ole USA and the Greenback then i wouldnt disagree . While Asia and Russia will be doing relatively well in the future i think it will be once again the USA that will lead the world into recovery.
. While Asia and Russia will be doing relatively well in the future i think it will be once again the USA that will lead the world into recovery. gotcha, nice way of looking at it..
we British never believed in the EUR$ any way back in the day when Europe drop their soul currency... i was there protesting with the rest of them when they were implying GBP was gonna be dropped...
I personally believe that USD$ is gonna get stronger if they do what they plan, and shave off 1.2 Tril $ off the national debt in the next decade.
we'll see, they've not stuck to a promise yet, wonder if this time is going to be any different
thanks again!
- #567,134
- Nov 29, 2011 5:46am Nov 29, 2011 5:46am
- Joined Nov 2011 | Status: That olī grumpy bastard... | 3,235 Posts
Quant Hedge Fund CEO
- #567,137
- Nov 29, 2011 5:53am Nov 29, 2011 5:53am
- | Joined Jun 2010 | Status: The Villain | 2,565 Posts
you're on fire mate, another 81 more pips and you've beaten me
good luck!
iam a conservative trader. dont aim for many pips. plus iam only just trading the eu pair....
- #567,138
- Nov 29, 2011 5:56am Nov 29, 2011 5:56am
- Joined Apr 2009 | Status: Trader | 1,522 Posts
until their next plan to nationalize all the banks eh into one?
yeh, i'm counting down the days when that happens... s**t will definitely hit the fan big time.
That would spell trouble indeed. But in the USA it would be more likely that the people get their Smith and Wesson out of their drawers and "correct" things before some marxist experiment crosses a certain threshold