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  • #641,981
  • May 10, 2012 3:25am May 10, 2012 3:25am
Quoting aurel_79
a little more money to spent .for eu space... ...but the greece does not want to leave euro space.....want more money tu start economical engine...
Greece economy was based on benefits for washing hands frequently(!) and coming to work right on time - they should do what Iceland did but they are to big country to do something similair.
swing it!
  • #641,982
  • May 10, 2012 4:02am May 10, 2012 4:02am
Quoting aurel_79
a little more money to spent .for eu space... ...but the greece does not want to leave euro space.....want more money tu start economical engine...
It's akin to saying they want more money without cutting spending. You cant have your cake and eat it too.

I think it would be better for Greece to leave the EU and adopt the drachma once again.

At least then they have full control over their currency and can adjust the value to promote growth via home grown exports. As well as grow through their tourism industry.

Either way they can't avoid cutting back on government spending it is inevitable.
  • #641,983
  • May 10, 2012 4:29am May 10, 2012 4:29am
Very quiet this morning I suppose everyone is too busy counting their money
  • #641,984
  • May 10, 2012 4:31am May 10, 2012 4:31am
I entered short EU sl 1.2980 tp 1.2880
Attached Image
Keep Simple...!
  • #641,985
  • May 10, 2012 4:39am May 10, 2012 4:39am
Quoting megajester
Very quiet this morning I suppose everyone is too busy counting their money
some people found new home @ twitter , only half left here
Mohan
  • #641,986
  • May 10, 2012 4:47am May 10, 2012 4:47am
Quoting megajester
Very quiet this morning I suppose everyone is too busy counting their money lost
fyp
  • #641,987
  • May 10, 2012 4:48am May 10, 2012 4:48am
Quoting mohan76
some people found new home @ twitter , only half left here
Must be right just gone to Killerwhale's new thread and nobody there......they'll be back come news time
  • #641,988
  • May 10, 2012 4:48am May 10, 2012 4:48am
gu buy is a better trade than eu . with eu may be there is another leg to the downside before recovery
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  • #641,989
  • May 10, 2012 4:52am May 10, 2012 4:52am
usd/cad counter trend trade before the buy to go much higer
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  • #641,990
  • May 10, 2012 4:56am May 10, 2012 4:56am
Quoting abdul_halim
shoot at 1.2946 - 1hour before london session
SL 1.3013
TP open
let's see then....
update..
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  • #641,991
  • May 10, 2012 5:00am May 10, 2012 5:00am
EU is perfectly ranging between 30 and 60...boring
COT: The precious data ignored
  • #641,992
  • May 10, 2012 5:03am May 10, 2012 5:03am
Quoting SnaveForex
position traders are positioning if price stays below 1.3
who will pick the bottom
  • #641,993
  • May 10, 2012 5:04am May 10, 2012 5:04am
Quoting kuroro001
EU is perfectly ranging between 30 and 60...boring
dax testing 6450, not good sign for euro
Mohan
  • #641,994
  • May 10, 2012 5:12am May 10, 2012 5:12am
Quoting mohan76
dax testing 6450, not good sign for euro
Can u plz tell me whatz the relation between DAX and Euro? and how can we trade using this strategy? meaning Exactly when shud we enter a trade in relation to DAX and Euro values...Thanks!
  • #641,995
  • May 10, 2012 5:14am May 10, 2012 5:14am
Quoting Baz00ka
Can u plz tell me whatz the relation between DAX and Euro? and how can we trade using this strategy? meaning Exactly when shud we enter a trade in relation to DAX and Euro values...Thanks!
equity market react faster to news & sentiment , usually both move in same direction
Mohan
  • #641,996
  • May 10, 2012 5:16am May 10, 2012 5:16am
Quoting mohan76
dax testing 6450, not good sign for euro
PA ain't good for longs anyway.
We need a bounce right now to save the bulls
COT: The precious data ignored
  • #641,997
  • May 10, 2012 5:17am May 10, 2012 5:17am
Quoting Baz00ka
Can u plz tell me whatz the relation between DAX and Euro? and how can we trade using this strategy? meaning Exactly when shud we enter a trade in relation to DAX and Euro values...Thanks!
Draw support and resistance and try to find important levels, look for a drops and rallys, may be more about it but that's the simple way to do it.
Put both charts on your screen and observe price movement with time and experience you will find your own way to trade it
Good luck
swing it!
  • #641,998
  • May 10, 2012 5:23am May 10, 2012 5:23am
Yep, and if you donīt find the correlation, donīt use it
  • #641,999
  • May 10, 2012 5:26am May 10, 2012 5:26am
eur/usd could be in a traingle for subwave 4 so if it goes up to 1.2960 sell it for 1.2880 with sloss 20 pips
  • #642,000
  • May 10, 2012 5:32am May 10, 2012 5:32am
Quoting kuroro001
PA ain't good for longs anyway.
We need a bounce right now to save the bulls
she is back in accepted range
Mohan
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