EurAnalysis | Page 1956 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD

Similar Threads

EurAnalysis Kindergarten 24 replies

Attachments: EurAnalysis
Exit Attachments

EurAnalysis

  • #39,101
  • Jun 21, 2012 3:27pm Jun 21, 2012 3:27pm
Quoting drzakir123
i think i am worried about forexboom.pray to God his account is safe.hope he is alright.
I am sure he is using proper money management. He's got over 5 years experience.
Those who say it cannot be done should not interrupt those who are doing it
  • #39,102
  • Jun 21, 2012 3:30pm Jun 21, 2012 3:30pm
Quoting PipTrapper
Bingo!!!
Would AUD also be considered a flight to safety?
I observe your reality but live my own.
  • #39,103
  • Jun 21, 2012 3:31pm Jun 21, 2012 3:31pm
take care all, i cannot see anything going my way for several hours yet so i'll bid you all goodnight. i am doing some serious trading so i probably wont be in until end of trading week, take care and be good, happy trading.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #39,104
  • Jun 21, 2012 3:31pm Jun 21, 2012 3:31pm
Quoting PipTrapper
While we're waiting...

[b]SEC Charges Florida Broker In Astrology-Based Ponzi Scheme

Date 21/06/2012

[i][color=DarkSlateBlue]The Securities and Exchange Commission today charged that a former broker in Orlando, Fla., defrauded investors in an astrology-based Ponzi scheme.
The SEC alleges that Gurudeo “Buddy” Persaud lured family, friends, and others into investing in his firm, White Elephant Trading...
Probably another small fish to keep the public perception that they are actually doing their job.

What about MF Global and John Corzine?
  • #39,105
  • Jun 21, 2012 3:32pm Jun 21, 2012 3:32pm
Quoting Cgb
Would AUD also be considered a flight to safety?
That's a hard one to call right now. It was kind of when there was fear of QE3, but we've passed that now.
It is clear that USD is the winner when even the JPY is losing to it in a heavy risk-off market
Those who say it cannot be done should not interrupt those who are doing it
  • #39,106
  • Jun 21, 2012 3:32pm Jun 21, 2012 3:32pm
Quoting PipTrapper
While we're waiting...

SEC Charges Florida Broker In Astrology-Based Ponzi Scheme

Date 21/06/2012

The Securities and Exchange Commission today charged that a former broker in Orlando, Fla., defrauded investors in an astrology-based Ponzi scheme.
[i][b][color=darkslateblue]The SEC alleges that Gurudeo “Buddy” Persaud lured family, friends,...
I guess ur-anus didn't have the gravitational pull he was hoping for!
I observe your reality but live my own.
  • #39,107
  • Jun 21, 2012 3:33pm Jun 21, 2012 3:33pm
Quoting PipTrapper
I am sure he is using proper money management. He's got over 5 years experience.
ego,PT,ego,its a substantial enemy.
Allah has permitted trade and has forbidden interest [koran]
  • #39,108
  • Jun 21, 2012 3:33pm Jun 21, 2012 3:33pm
Quoting PipTrapper
If any banks are downgraded, it's risk negative. What happens in risk-negative (risk-off) markets?
Some tech on DX risk.

..
Attached Image (click to enlarge)
Click to Enlarge Name: usdx.png Size: 36 KB
  • #39,109
  • Jun 21, 2012 3:34pm Jun 21, 2012 3:34pm
Quoting Cgb
I guess ur-anus didn't have the gravitational pull he was hoping for!
  • #39,110
  • Jun 21, 2012 3:34pm Jun 21, 2012 3:34pm
Quoting FXSwissTrader
Probably another small fish to keep the public perception that they are actually doing their job.

What about MF Global and John Corzine?
Yeah really. He should be sharing a bunk with Bernie Madoff

http://images.nymag.com/news/crimela...0614_1_560.jpg
Those who say it cannot be done should not interrupt those who are doing it
  • #39,111
  • Jun 21, 2012 3:37pm Jun 21, 2012 3:37pm
This will help your USD/CAD trade PT...

"16:20 EDT - Fitch Ratings weighs in on Canada's move to further tighten mortgage financing rules and declares no risk to the credit ratings of Canadian banks. That's positive for banks as household debt driven by low interest rates is the main direct threat to the credit risk profiles of Canadian financial institutions, Fitch says. Earlier on Thursday, the Canadian government said it would cut the maximum amortization period for govt-backed loans while increasing the minimum down payment in refinancings. Canadian banks' portfolio quality should improve as new government-backed insured mortgages will be made less affordable"
I observe your reality but live my own.
  • #39,112
  • Jun 21, 2012 3:41pm Jun 21, 2012 3:41pm
Quoting Cgb
I guess ur-anus didn't have the gravitational pull he was hoping for!
i sort of like ur morning quote: humblness with superior is duty,with equal courtesy and with inferior nobleness.u see i am bit romantic
Allah has permitted trade and has forbidden interest [koran]
  • #39,113
  • Jun 21, 2012 3:43pm Jun 21, 2012 3:43pm
Quoting Tyoon
Some tech on DX risk.

..
The DX didn't seem to care about the other 3 supply zones below this one.

Extreme sentiment in markets doesn't really care about technicals.
Those who say it cannot be done should not interrupt those who are doing it
  • #39,114
  • Jun 21, 2012 3:44pm Jun 21, 2012 3:44pm
Quoting BFSGcapital
You legally have to tell investors your reason for making trades? I do not understand what the SECs charge is here.

Once investor goes into contract with the manager then manager can place whatever trades he or she would like.

Is the charge against his trading strategy??
According to the SEC’s complaint filed in U.S. District Court for the Middle District of Florida, Persaud used investors’ money to make payments to other investors, the hallmark of a Ponzi scheme. Persaud also lost $400,000 of investor funds through his trading and diverted at least $415,000 to pay for his personal expenses, the SEC alleged. The same month Persaud began receiving investor money, he started using some of that money for his personal expenses. The SEC said that Persaud created phony account statements to hide his trading losses and give investors a false sense of security.
“Persaud preyed on people who trusted him by promising high and steady returns while hiding his unconventional trading strategy,” said Eric I. Bustillo, Director of the SEC’s Miami Regional Office. “When Persaud blatantly lied to investors and hid their losses through a Ponzi scheme, he should have known that an SEC enforcement action was in the stars.”
Persaud was a registered representative at a Florida-based broker-dealer but separately operated the now-inactive White Elephant, starting in mid-2007. In all, Persaud raised more than $1 million from at least 14 investors between July 2007 and January 2010.
The SEC alleges that in making trading decisions, Persaud chiefly relied on an Internet service that provided directional market forecasts based on lunar cycles and gravitational pull. Persaud’s strategy was premised on the idea that gravitational forces affect mass human behavior, and in turn, the stock market. For example, Persaud believed that when the moon exerts greater gravitational pull on the Earth, people feel dejected and are more inclined to sell securities.
The SEC’s complaint seeks disgorgement of ill-gotten gains, financial penalties, and injunctive relief against Persaud to enjoin him from future violations of the federal securities laws.
The SEC’s investigation was conducted in the Miami Regional Office by Senior Counsel Rachel K. Paulose and Accountant Karaz S. Zaki under the supervision of Assistant Regional Director Elisha L. Frank, with assistance from examiners Anson Kwong and Brian H. Dyer, Examination Manager George Franceschini, Assistant Regional Director Nicholas A. Monaco, and Associate Regional Director John C. Mattimore. Amie Riggle Berlin will lead the SEC’s litigation.
Those who say it cannot be done should not interrupt those who are doing it
  • #39,115
  • Jun 21, 2012 3:45pm Jun 21, 2012 3:45pm
Quoting Cgb
This will help your USD/CAD trade PT...

"16:20 EDT - Fitch Ratings weighs in on Canada's move to further tighten mortgage financing rules and declares no risk to the credit ratings of Canadian banks. That's positive for banks as household debt driven by low interest rates is the main direct threat to the credit risk profiles of Canadian financial institutions, Fitch says. Earlier on Thursday, the Canadian government said it would cut the maximum amortization period for govt-backed loans while increasing the minimum down payment in...
Hmmm... This is where I'm still a newbie in FX.

If indeed this will help the Canadian dollar (making it stronger) and we continue to see a stronger US dollar, then the two should nullify each other and we're going to see trending (sideways movement) on the U/C pair.

Looking for comments and clarification please...
I observe your reality but live my own.
  • #39,116
  • Jun 21, 2012 3:46pm Jun 21, 2012 3:46pm
Quoting drzakir123
i sort of like ur morning quote: humblness with superior is duty,with equal courtesy and with inferior nobleness.u see i am bit romantic
That wasn't my quote, but I can clearly see you as being a romantic!
I observe your reality but live my own.
  • #39,117
  • Jun 21, 2012 3:48pm Jun 21, 2012 3:48pm
Thanks PT, that makes a lot of sense now. There should be no way for the money manager to withdraw funds, I don't understand how he stole the money for his personal use.

Anyway.

Rumor is Moodys downgrade may come overnight or tomorrow.
An opportunity lost is not a capital cost.
  • #39,118
  • Jun 21, 2012 3:52pm Jun 21, 2012 3:52pm
if u check eusd, eusd do the same
Attached Image (click to enlarge)
Click to Enlarge Name: peu_crz.jpg Size: 88 KB
redsword11, IfMyante, KennyZ, bumapatria, JohnPaul77 made my trading style.
  • #39,119
  • Jun 21, 2012 3:53pm Jun 21, 2012 3:53pm
Quoting Cgb
Hmmm... This is where I'm still a newbie in FX.

If indeed this will help the Canadian dollar (making it stronger) and we continue to see a stronger US dollar, then the two should nullify each other and we're going to see trending (sideways movement) on the U/C pair.

Looking for comments and clarification please...
If the government slows down the housing market, it is bad for the economy. They are trying to prevent a bubble and in doing so they are making dis-inflationary policy changes which ultimately are currency negative... Unless your currency is a safe haven like the USD

Their only other option would be to allow the inflationary bubble to continue and raise interest rates. However, doing that will hurt the economy even more down the road. It would be like short term gain for long term pain.
Those who say it cannot be done should not interrupt those who are doing it
  • #39,120
  • Jun 21, 2012 3:55pm Jun 21, 2012 3:55pm
Quoting changbachang
if u check eusd, eusd do the same
Cgb will be here to answer you.
110 traders viewing now