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The Really Useless Thread

  • #91,261
  • May 24, 2012 5:06am May 24, 2012 5:06am
Quoting FibbinArchie
that's what it's about, look after the downside and the profits take care of themselves, compounding is a very powerful thing, but you need patience for it to work, this isn't a get rich quick scheme..
yea thats what i was complimenting him on... his patience and self control
  • #91,262
  • May 24, 2012 5:23am May 24, 2012 5:23am
Quoting FibbinArchie
saw a section on the news last night about the euro, focus was more on germany biting the bullet on inflation to support greece, rather than on an actual greek exit, nearly a month to go till the new election..
The G8, IMF and OECD were v. clear that best way short term to solve the problem is printing more money at the cost of more inflation in Germany (Germans were not very happy in those forums).

On the other hand, the ECB has been particularly mute in the latest developments which can hint that maybe there are strong forces on the background (to avoid political cost in Germany) "forcing" them to "oversee" its mandate and go for the rate cuts sooner than we expect. Plus numbers from Europe were very bad adding an extra pressure.

A rate cut will clear panic short term and given the circumstance it will be unexpected and with overshoot expectations to 0.25 or 0.5 but it will open parity in the euro depending on the rate.

Germans are running out of options and are alienated themselves. They oppose everything (mostly and technically are right to oppose but is too late and we already cross the rational technical level...) so biting the bullet on inflation is prolly the cheaper option on the table...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #91,263
  • May 24, 2012 5:35am May 24, 2012 5:35am
funky junkiy homoish renbowish ass's

whats up pink botts
  • #91,264
  • May 24, 2012 5:38am May 24, 2012 5:38am
Quoting fxjawn
im out bro...

1 eu order... 3 au orders... +103.8 total... not bad... scaled in bc of all the data

so pinkishwell done pink ass
  • #91,265
  • May 24, 2012 5:40am May 24, 2012 5:40am
Quoting kill56
so pinkishwell done pink ass
thanks bro took it back up too lol just aussie not eu
  • #91,266
  • May 24, 2012 5:49am May 24, 2012 5:49am
calling all technical analysis experts..

fibonacci... extensions or projections? which do you use? or both or none even?

logical explanations as to why would also be appreciated..
  • #91,267
  • May 24, 2012 5:49am May 24, 2012 5:49am
Quoting kill56
funky junkiy homoish renbowish ass's

whats up pink botts
where the hell have you been mister!
  • #91,268
  • May 24, 2012 5:50am May 24, 2012 5:50am
Quoting sisse
The G8, IMF and OECD were v. clear that best way short term to solve the problem is printing more money at the cost of more inflation in Germany (Germans were not very happy in those forums).

On the other hand, the ECB has been particularly mute in the latest developments which can hint that maybe there are strong forces on the background (to avoid political cost in Germany) "forcing" them to "oversee" its mandate and go for the rate cuts sooner than we expect. Plus numbers from Europe were very bad adding an extra pressure.

A rate cut will...
draghi has a university speech this afternoon..
  • #91,269
  • May 24, 2012 5:53am May 24, 2012 5:53am
Quoting fxjawn
thanks bro took it back up too lol just aussie not eu
great bro

eu still have some juice in it unless we close above 2620's , 2450's insight

equities still horny we might see HH
  • #91,270
  • May 24, 2012 5:57am May 24, 2012 5:57am
Quoting fxjawn
where the hell have you been mister!

lol

was inspecting pink botts in the house
Attached Image
  • #91,271
  • May 24, 2012 5:58am May 24, 2012 5:58am
2616 is yest/mid..
Look Sharp/Trade Tight
  • #91,272
  • May 24, 2012 5:59am May 24, 2012 5:59am
Quoting kill56
lol

was inspecting pink botts in the house
oh god lol
  • #91,273
  • May 24, 2012 6:06am May 24, 2012 6:06am
Quoting PayTheLimit
2616 is yest/mid..
got 16 too but i like to add some to be in the safe side
  • #91,274
  • May 24, 2012 6:10am May 24, 2012 6:10am
Quoting kill56
great bro

eu still have some juice in it unless we close above 2620's , 2450's insight

equities still horny we might see HH
barrier reported @ 2500, heavy stops reported in the 2480 region, source- reuters..
  • #91,275
  • May 24, 2012 6:11am May 24, 2012 6:11am
Quoting kill56
got 16 too but i like to add some to be in the safe side
the old Jan low of 2623 is also there..
Look Sharp/Trade Tight
  • #91,276
  • May 24, 2012 6:12am May 24, 2012 6:12am
Quoting FibbinArchie
calling all technical analysis experts..

fibonacci... extensions or projections? which do you use? or both or none even?

logical explanations as to why would also be appreciated..

try this bro

http://olesiafx.com/Forex-Conquered-...x-trading.html
  • #91,277
  • May 24, 2012 6:13am May 24, 2012 6:13am
Quoting PayTheLimit
the old Jan low of 2623 is also there..
good point..

return to the crime scene
  • #91,278
  • May 24, 2012 6:14am May 24, 2012 6:14am
Quoting kill56
lol

was inspecting pink botts in the house
bottom inspection training course...
Attached Image
  • #91,279
  • May 24, 2012 6:15am May 24, 2012 6:15am
Quoting kill56
try this bro

http://olesiafx.com/Forex-Conquered-...x-trading.html
cheers bro, that's my bedtime reading sorted..:nerd:
  • #91,280
  • May 24, 2012 6:16am May 24, 2012 6:16am
Quoting FibbinArchie
bottom inspection training course...
lol
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