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  • #662,901
  • Jun 28, 2012 10:30am Jun 28, 2012 10:30am
Quoting Brocklesnar
when the meeting is going to be over ? and final results will be announced ??
The end will be tomorrow evening.
Probably this evening we could have some weak good news....

In my opinion some type of agreements will achieved and we colud have a little bounch.
  • #662,902
  • Jun 28, 2012 10:32am Jun 28, 2012 10:32am
Quoting tonyo524
Yet you keep coming back, and whing and moaning. wonder why?
True indeed.. Can't argue with that. Granted I'm diminishing my contribution here by the day... It's a work in progress.. Funny thing is a lot of traders packed and went forever.. As cloggie said, all it's left at the farm is just garbage.
  • #662,903
  • Jun 28, 2012 10:34am Jun 28, 2012 10:34am
11:27 EDT - Barring any unlikely surprises from Thursday and Friday's euro meeting, traders will aggressively short the euro, says Ken Jakubzak, a Chicago-based currency trader at KMJ Capital. Jakubzak expects EUR/USD to fall below 1.21 after the summit. The last time EUR/USD fell below 1.21 was in June 2010. Should any optimism from the summit rally the euro, Jakubzak says he's looking to sell between 1.26 and 1.2650. EUR/USD recently traded at 1.2443, down from 1.2467 late Wednesday. ([email protected])
  • #662,904
  • Jun 28, 2012 10:35am Jun 28, 2012 10:35am
'06-28-2012 11:27:27MARKET TALK: Euro to Fall Below $1.21 Post-Summit'

Just saw this on my MT4 news. Should I close my longs or is it just someone talking their book?
  • #662,905
  • Jun 28, 2012 10:37am Jun 28, 2012 10:37am
what time is thursday and friday's summit ?
  • #662,906
  • Jun 28, 2012 10:41am Jun 28, 2012 10:41am
Seven and a half hours of watching paint dry again, 19 Euro summits and still waiting for an outcome, I wonder if Friday will be any different.
Now waiting on US Light Oil to pick up back to 7952 level.
  • #662,907
  • Jun 28, 2012 10:42am Jun 28, 2012 10:42am
Quoting vacuum1
'06-28-2012 11:27:27 MARKET TALK: Euro to Fall Below $1.21 Post-Summit'

Just saw this on my MT4 news. Should I close my longs or is it just someone talking their book?
do what u want man....don't ask here.....it's your call
IT'S ALL ,,,, Only money in the bank count
  • #662,908
  • Jun 28, 2012 10:46am Jun 28, 2012 10:46am
Quoting attila
The law was in existence, then it was challenged at the Supreme Court.. This decision will pretty much throw it back into the political arena. It will still be a big election issue. If Mitt wins, he can repeal it (with a Congress majority in place).. This decision might be good for Obama momentarily, but it could also energize the GOP voters and make him an ex president in Nov, as it's a very divisive issue.. THB, I have no idea how the law will work in current form when it goes into effect in 2014..
Ah, I see. When it was challenged, was it put on hiatus or was it still in effect while going through the dispute?

There was that debate about medicare infringing into an individual's personal right or something around that lines. How's the general public consensus in the US?

Used to be really into US politics til I discovered I just didn't have enough time/energy to split between studying both politics/philosophy and economic/finance.
  • #662,909
  • Jun 28, 2012 10:49am Jun 28, 2012 10:49am
Quoting tt_danu
do what u want man....don't ask here.....it's your call
I forgot, it's an internet forum. Rhetorical musings get treated at face value.
  • #662,910
  • Jun 28, 2012 10:53am Jun 28, 2012 10:53am
By looking at the weekly chart and 200/100ma in h4 chart, next week we will see golden cross ...so, today/tomorrow EU may bottom out
  • #662,911
  • Jun 28, 2012 10:59am Jun 28, 2012 10:59am
no price action no fib ret , nothing ..:-P
http://wahai.com/flymee.png
Patience Pays
  • #662,912
  • Jun 28, 2012 11:00am Jun 28, 2012 11:00am
i'd always be a bit wary about these announcements.... but consider this... we're currently in a downtrend and the price broke an important support level today i.e. 1.2440 and has been holding below.

If you are new to trading I would seriously avoid going against the trend unless you know exactly what you're doing.


Quoting vacuum1
'06-28-2012 11:27:27MARKET TALK: Euro to Fall Below $1.21 Post-Summit'

Just saw this on my MT4 news. Should I close my longs or is it just someone talking their book?
  • #662,913
  • Edited 11:13am Jun 28, 2012 11:00am | Edited 11:13am
The law was voted but will only start in 2014.. The way it was passed by the Democratic majority 2 years ago was through shady manoeuvrings (called reconciliation procedure).. The individual mandate was a huge constitutional issue because it stipulates the Government can make it's citizens DO something against their will.. This is different, hugely differently from the Government forcing you to NOT DO something.. So what the Supreme Court said was that mandate (requiring people to buy health insurance) is unconstitutional under the Commerce Clause(this is the article in the Constitution that a lot of Government actions are based on).

The population is pretty much split 50/50 on the issue, and so this will become a big election one now.. If Romeny gets elected, with a simple majority in Congress (both houses) can repeal the thing...

The law itself will add a lot of cost to private companies and some say the economic recovery doesn't happen just because of this law coming into effect, so probably not much will happen in the markets.. An overturn would have propelled the stock market, but that didn't happen...


Quoting Esssex
Ah, I see. When it was challenged, was it put on hiatus or was it still in effect while going through the dispute?

There was that debate about medicare infringing into an individual's personal right or something around that lines. How's the general public consensus in the US?

Used to be really into US politics til I discovered I just didn't have enough time/energy to split between studying both politics/philosophy and economic/finance.
  • #662,914
  • Jun 28, 2012 11:02am Jun 28, 2012 11:02am
anyone ready for "STROKES OF A MASTER" CONTINUED???

Strap up your seat belts and be ready to make real money or remain a LOSER FOREVER...

18 pending orders... 8 activated.. still watching EURTRY and EURNZD to open new pending orders.. Dont forget i said NZD will be weakest over 2 weeks last week okay... will soon load for the interested ones to see...

this month 2567 pips NO LOSS.. Watch and Learn.



IT IS ONLY ABOUT MONEY..
  • #662,915
  • Jun 28, 2012 11:11am Jun 28, 2012 11:11am
HI guys,

Currnet EUR/USD situation.

No very bright outlook, we will know more after the EU Summit so be prepared for Sunday night

Take care,
Seb

PS: Guys, I need some feedback about my blog. Can You vote please? Thx.
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  • #662,916
  • Jun 28, 2012 11:12am Jun 28, 2012 11:12am
Quoting caldera
i'd always be a bit wary about these announcements.... but consider this... we're currently in a downtrend and the price broke an important support level today i.e. 1.2440 and has been holding below.

If you are new to trading I would seriously avoid going against the trend unless you know exactly what you're doing.
When people starting talking about low targets, eg 1.21, it could perhaps be construed as a bull signal. And vice versa. Of course I understand that 1.21 is a real possibility, but I'm nonetheless going to hold on to my longs - my leverage is relatively low, and I feel confident we'll see at least 1.27 in the next fortnight.
  • #662,917
  • Jun 28, 2012 11:13am Jun 28, 2012 11:13am
obama is to be talking live soon
can this influence the market?

upd: didnt
  • #662,918
  • Jun 28, 2012 11:17am Jun 28, 2012 11:17am
Quoting undertaker66
obama is to be talking live soon
can this influence the market?

upd: didnt
only Merkel can influence the market ;-)
  • #662,919
  • Jun 28, 2012 11:18am Jun 28, 2012 11:18am
the about shown orders were opened last night... it is only 100+pips up... bet me.. it will hit 1000+ pips soon. gimme about just more than a week.
GET FREE PIPS OR GIVE BROKERS MORE MONEY

here you go...

REMEMBER TP1 is 150 pips... TP2 is 8/8 or 0/8 on Murrey math or you cn use your head and do a logical escape.

Attached Image (click to enlarge)
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i'm out.

NO STOP LOSS. STOP LOSS MONEY IS FOR HAPPY BROKERS.
  • #662,920
  • Jun 28, 2012 11:21am Jun 28, 2012 11:21am
Quoting pipnaija
the about shown orders were opened last night... it is only 100+pips up... bet me.. it will hit 1000+ pips soon. gimme about just more than a week.
GET FREE PIPS OR GIVE BROKERS MORE MONEY

here you go...

REMEMBER TP1 is 150 pips... TP2 is 8/8 or 0/8 on Murrey math or you cn use your head and do a logical escape.

Attachment


i'm out.

NO STOP LOSS. STOP LOSS MONEY IS FOR HAPPY BROKERS.
holy shit, what indicators/strategy/magic mushrooms do u use?
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