"Millionaires don't use astrology, billionaires do"
The EW counter is Luis. He is still asleep in Ecuador. It is 6am there. The rooster will wake him up soon though
http://images.travelpod.com/users/ka...0.img_2432.jpg
Iam just A pips on the rode :nerd:
- #39,223
- Jun 22, 2012 8:13am Jun 22, 2012 8:13am
- | Joined Nov 2011 | Status: Trader | 2,104 Posts
I observe your reality but live my own. 
- #39,224
- Jun 22, 2012 8:18am Jun 22, 2012 8:18am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
"ECB announces easing of collateral rules"
And there she goes! Come on 1.2610 (will trigger second 1/3 of short)
I have placed a new sell limit order at 1.2591
No stop loss
No take profit
R/R Ratio ∞:∞
Leverage 0.5:1
Those who say it cannot be done should not interrupt those who are doing it
- #39,226
- Jun 22, 2012 8:22am Jun 22, 2012 8:22am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #39,227
- Jun 22, 2012 8:22am Jun 22, 2012 8:22am
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
"ECB announces easing of collateral rules"
And there she goes! Come on 1.2610 (will trigger second 1/3 of short)
. Ah, our old friend liquidity squeeze shows himself again.I wonder if this has anything to do with Spanish audit? They need to get the number as close to 100 bil Eur as possible. I may be wrong now, but imo they have chosen this way because people dont understand importance of collateral that much. Y, ratecut, thats the news. But collateral? Lots of numbers, hard to read. Wtf is haircut?
Anyway hold your sell triggers guys. Impact of lowering of collateral requirements can be huge! It will take some time for analysts to count the true impact. It is involving whole banking sector and even though I didnt read how exactly they are lowering requirements, this action can inject hundreds of billions Eur in the banking system.
Edit: Old news PT? Meh, screw that
. Anyway, I am going to read it. I assume they are accepting socks and old boots as collateral now. Dunno what can be worse than EFSF bonds.T
"I know one thing, that I know nothing." Sokrates
- #39,228
- Jun 22, 2012 8:23am Jun 22, 2012 8:23am
My daily pivot is at 1.2592
I have placed a new sell limit order at 1.2591
No stop loss
No take profit
R/R Ratio ∞:∞
Leverage 0.5:1
- #39,229
- Jun 22, 2012 8:26am Jun 22, 2012 8:26am
- | Joined Nov 2011 | Status: Trader | 2,104 Posts
My daily pivot is at 1.2592
I have placed a new sell limit order at 1.2591
No stop loss
No take profit
R/R Ratio ∞:∞
Leverage 0.5:1
I observe your reality but live my own.
- #39,230
- Jun 22, 2012 8:26am Jun 22, 2012 8:26am
- | Joined Jun 2009 | Status: nothing new under the sun | 1,428 Posts
No, I don't know what you mean. Maybe you should try to post something in here more constructive instead of coming in here with your snips and trying to piss people off everyday. Seems like that is your goal on this thread. Stay over in the useless thread mate.Have a snickers cause you acting like a b#tch. Goodbye.
Allah has permitted trade and has forbidden interest [koran]
- #39,231
- Jun 22, 2012 8:27am Jun 22, 2012 8:27am
- | Joined Nov 2011 | Status: Trader | 2,104 Posts
That's old news from yesterday. This pop up is just NY pre-trade.
I observe your reality but live my own.
- #39,232
- Jun 22, 2012 8:29am Jun 22, 2012 8:29am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
...I am going to read it. I assume they are accepting socks and old boots as collateral now. Dunno what can be worse than EFSF bonds.
T
Those who say it cannot be done should not interrupt those who are doing it
- #39,233
- Jun 22, 2012 8:29am Jun 22, 2012 8:29am
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
Is it really? got to check my newsfeed ping delay them
"I know one thing, that I know nothing." Sokrates
- #39,234
- Jun 22, 2012 8:32am Jun 22, 2012 8:32am
- Joined Apr 2011 | Status: That the best u can do, u pansies? | 6,087 Posts
- #39,235
- Jun 22, 2012 8:32am Jun 22, 2012 8:32am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
I'm betting there will be a little more hopium in the air and it will peak just above 1.2600 (thus my 1.2610 sell limit). NY open in 5 mins and US bond rates now nearing yesterday's low. I have 82.350 as minor support on USDX.
Those who say it cannot be done should not interrupt those who are doing it
- #39,236
- Jun 22, 2012 8:38am Jun 22, 2012 8:38am
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
Car loans
Thats it, I am sending recommendation to Nobel prize committee, so they award you with Nobel price for economy.
T
"I know one thing, that I know nothing." Sokrates
- #39,237
- Jun 22, 2012 8:39am Jun 22, 2012 8:39am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #39,238
- Jun 22, 2012 8:41am Jun 22, 2012 8:41am
- | Joined Jun 2009 | Status: nothing new under the sun | 1,428 Posts
After wandering in the forexland aimlessly for about six years, finally I found this marvelous forum (fortunately, from its inception). This has been more than a place of learning, more like a temple, a place of sanctuary.
Kindly consider the possibility that this venerable forum may also be equally useful to many other new traders who might also be learning (in silence) from the many many good experts posting here.
Almost everyone posting here is an educated person. Although, internet does provide us anonymity, we as civilized citizens have...
Allah has permitted trade and has forbidden interest [koran]
- #39,240
- Jun 22, 2012 8:46am Jun 22, 2012 8:46am
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
"Otherwise, we are not only being discourteous and abusive to the fine gentleman who has devoted enormous time and energies in a completely selfless manner but also depriving a silent majority of newbies who depend on this forum to progress in their journey of learning."
I wish I was speaking english so well so I could write such a sentence.
T
"I know one thing, that I know nothing." Sokrates