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  • #61,881
  • Mar 2, 2012 10:55am Mar 2, 2012 10:55am
yo hatch... whats 3188?
those who can, do. those who cant, talk about those who can
  • #61,882
  • Mar 2, 2012 11:00am Mar 2, 2012 11:00am
Quoting sisse
Wrapping up debt crisis part IV seems to be over. Latest from Brussels and this week LTRO with Greece in selective default have mark the open of a new chapter.

Markets seem to have taken in a "good" way recent developments. Bond markets which are definitively leading and real in this FA side are closing (10y) the week with Italy impressively below 5% and also Spain. Irish were aiming to go at least to the lows 6 or below but they screwed after the referendum announcement so they will have to pay a higher price until they clear the uncertainty...
its a puzzle did they really solve the problem, ist about bonds ,
ist about unemployment and export sellen srevices
lower eur look at the readings that comes from the eu zine when the eur is lower ,the higher it gos the bad its
greece have been here for more than 2years and it will be here later on ,

what about the US recovery with higher dollar ,less exports will help ,oh ya it might help the big companys they are all out side the US

i dont know bro as u said lets watch the D M Q levels and live with it ,trade the range day by day even hour by hour
  • #61,883
  • Mar 2, 2012 11:03am Mar 2, 2012 11:03am
Quoting FXMindset
shekel.....
its the israel shekel
  • #61,884
  • Mar 2, 2012 11:08am Mar 2, 2012 11:08am
Quoting Wulfgar
possibly bro.... longer term sentiment is set by structural factors you know? Guys like sisse def know more than me about it...I trade it when its staring me in the face...

lots needs to happen still for the EU to crack and drop bigtime... market attention seems to be turning more bearish on the Euro/ bullish on the USD after BB's speech/more ineptitude by the euro leaders/ attention shifting to the 25+% unemployment in portugal and spain and the 1000% 1 yr greek bond yields dont bode well for the Euros future

Longer term positions im playing...
i like that and thats the way it should be i take it hour by hour dont give a dam where the market gos unless i see clean clear trend, hit and run still the best whats wrong with 20 green pips
  • #61,885
  • Mar 2, 2012 11:10am Mar 2, 2012 11:10am
aj may have topped today at 87.995... that would would suck since japan is rolling 3 trillion in debt this month.
those who can, do. those who cant, talk about those who can
  • #61,886
  • Mar 2, 2012 11:12am Mar 2, 2012 11:12am
Quoting gatorinla
once we crossed 3274.5 and closed below 3237.. we de-nutted the bulls. if the same happens at 2962 then the mirror is 2370.. atm 3196.4 is a level that closed should bring more.. its friday.. we are already beyond atr.. we may bounce back to 3237.. who knows.
still dam friday lets see the close few hours to go still early to tell
  • #61,887
  • Mar 2, 2012 11:14am Mar 2, 2012 11:14am
Quoting kill56
still dam friday lets see the close few hours to go still early to tell
close below 3188 and next week should be lower. using 2008 chart. getting below it now and we may freefall. 75 has had some support but it was because of 88 being close..
those who can, do. those who cant, talk about those who can
  • #61,888
  • Mar 2, 2012 11:23am Mar 2, 2012 11:23am
Quoting gatorinla
close below 3188 and next week should be lower. using 2008 chart. getting below it now and we may freefall. 75 has had some support but it was because of 88 being close..
all in red from es to oil but i dont trust the big ass's,

lets see if es break the 1362.50 and close below
  • #61,889
  • Mar 2, 2012 11:35am Mar 2, 2012 11:35am
Quoting kill56
all in red from es to oil but i dont trust the big ass's,

lets see if es break the 1362.50 and close below
.
Attached Image (click to enlarge)
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Attached Image
those who can, do. those who cant, talk about those who can
  • #61,890
  • Mar 2, 2012 11:37am Mar 2, 2012 11:37am
am i the only fucker eyeballing 1.35 from here? guess so...

PS with a daily close above 1.3207, that is.
dreams do come true.
  • #61,891
  • Mar 2, 2012 11:54am Mar 2, 2012 11:54am
Quoting wannaberich
am i the only fucker eyeballing 1.35 from here? guess so...

PS with a daily close above 1.3207, that is.
mmmno, but it's still early. Have to see how far it goes first..3163 is doable and then 3090 and 3050 (strong).
  • #61,892
  • Mar 2, 2012 11:58am Mar 2, 2012 11:58am
for me it voids with a daily close below 1.3207... still could easily come down to 3180 or even 60 and be valid...

Quoting attila
mmmno, but it's still early. Have to see how far it goes first..3163 is doable and then 3090 and 3050 (strong).
dreams do come true.
  • #61,893
  • Mar 2, 2012 12:05pm Mar 2, 2012 12:05pm
Quoting wannaberich
for me it voids with a daily close below 1.3207... still could easily come down to 3180 or even 60 and be valid...
3050 is the middle of it all... I would prefer a straight drop to there. If it starts doing more structured LH/LL, then it becomes questionable..
  • #61,894
  • Mar 2, 2012 1:49pm Mar 2, 2012 1:49pm
Quoting wannaberich
for me it voids with a daily close below 1.3207... still could easily come down to 3180 or even 60 and be valid...
it was your best chance at 3188 area. for a few reasons. long term 3188 is special when it wants to be. st 3247 was the target. 3188 is target X 50%.. both are the current low.
those who can, do. those who cant, talk about those who can
  • #61,895
  • Mar 2, 2012 1:57pm Mar 2, 2012 1:57pm
Quoting gatorinla
it was your best chance at 3188 area. for a few reasons. long term 3188 is special when it wants to be. st 3247 was the target. 3188 is target X 50%.. both are the current low.
a bounce here even if small then a new low targets 2888.. ..2739 2590 2441
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those who can, do. those who cant, talk about those who can
  • #61,896
  • Mar 2, 2012 2:06pm Mar 2, 2012 2:06pm
damn.. Spain lied.. the deficit projection was higher. hmmmmmmmmmmmmmmm
those who can, do. those who cant, talk about those who can
  • #61,897
  • Mar 2, 2012 2:19pm Mar 2, 2012 2:19pm
Here is what I got. Haven't used this style of channel before (Recent and last higher high determines slope, last LL determines size of channel).

Just another view among many.
Attached Image (click to enlarge)
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  • #61,898
  • Mar 2, 2012 2:28pm Mar 2, 2012 2:28pm
Closing a very decent week. Watch-out for euro closing at these levels. There is an unfilled cliff (runaway gap 17/02) there.

No reason to close positions as stops are well into profits and stops in very healthy levels across the board. ES hanging on air (looks like a bull trap but the close/open will confirm) and refusing to sell off but the the path is sealed at least short term in my books. (Gator 1379.xx close enough with the 1381 top we were talking about).

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #61,899
  • Mar 2, 2012 2:31pm Mar 2, 2012 2:31pm
Quoting gatorinla
damn.. Spain lied.. the deficit projection was higher. hmmmmmmmmmmmmmmm

more

2:55 PM It's not just the PIIGS as eurocrats turn their austerity gaze to the Netherlands, which sees its deficit coming in at 4.5% of GDP, well above the 3% target (that the EU is really serious about this time around). PM Mark Rutte says he'll do what he can, but sees little room for maneuver.


11:27 AM Ireland may not be ready to fully return to the markets for funding in 2013, says the IMF, although it expects the country to raise a bit of short-term money this year. The agency sees GDP growth of just 0.5% this year, below the government forecast of 1.3%.
  • #61,900
  • Mar 2, 2012 2:52pm Mar 2, 2012 2:52pm
you bastard
i thought i was the only one with those lines
Quoting Venice
Here is what I got. Haven't used this style of channel before (Recent and last higher high determines slope, last LL determines size of channel).

Just another view among many.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.png Size: 51 KB
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