more jaw boning and delaying tactics in Europe. When did they ever take a firm action?
http://www.forexlive.com/blog/2012/0...iscal-compact/
If you are new to Forex? Say Goodbye to your account!!
- #663,201
- Jun 29, 2012 12:51am Jun 29, 2012 12:51am
- Joined Aug 2009 | Status: Trader | 12,448 Posts
- #663,202
- Jun 29, 2012 12:55am Jun 29, 2012 12:55am
- | Joined Jan 2009 | Status: Don't Tread On Me | 2,059 Posts
exactly, nothing will happen without germany approval, other leaders at forum are blabbermouth tossers, bring on the bears
Most of you have been in the game longer than I. What is the largest gap or gap/reversal they have seen?
- #663,207
- Jun 29, 2012 1:05am Jun 29, 2012 1:05am
- | Joined Jan 2009 | Status: Don't Tread On Me | 2,059 Posts
- #663,208
- Jun 29, 2012 1:08am Jun 29, 2012 1:08am
- | Joined Jan 2009 | Status: Don't Tread On Me | 2,059 Posts
- #663,211
- Jun 29, 2012 1:17am Jun 29, 2012 1:17am
- | Joined Jan 2009 | Status: Don't Tread On Me | 2,059 Posts
- #663,213
- Jun 29, 2012 1:25am Jun 29, 2012 1:25am
- Joined Aug 2009 | Status: Trader | 12,448 Posts
They're all tossers!
Most of you have been in the game longer than I. What is the largest gap or gap/reversal they have seen?
the charter for bailout entity, clearly states, the funds "cannot" be paid directly to the banking institutions, it must be recieved by a soverign political entity, with the associated legislative gaurantees, etc, Germany will not budge on this clause, as it is the only protection thy have for the management / repayment of the bailout funds.The recipient political leaders, want the funds but not be accountable for them,
The backup otion is a unilateral entity to manage the funds, comprised of elected members from each state, again Germany wont agree to this either, its basically their monies, and they wont to retain as much control as possible, to give funds to the same people who have created this mess is stupid
Germany is in a paradox, tho, a weaker euro, is great for thier exports but hurts thier imports, as they are primarily manufacturers, they recieve higher return for their products, but pay more for the relevant imported materials used to manufacture products, add to this the weakening ecomomies in the euro specifically, need the bail out funds to purchase germanys products, arrrgh what a mess, so presently the countries in trouble are purchasing less of their products, china and asia have been taking up the slack, plus france, but with their economies in flat or slow mode this back up is also threatened,
Effectively germany is going to lend money to spain italy etc, to help them buy their own products, this is not unusual in business, but it also has a high % of failure,
So if germany economy starts to stall, they will be heavily over exposed to major debt liabilities, crazily not their own, but the obvious countries, lining up to fall over.,
What a fuk mess, always felt the euro was doomed, nothing has changed, is piece of shit, and millions of people already suffering because the piece of shit and mismanagement.
sorry babble but her has completely stuff up currency trading, now is getteing tooooo manipulated by ahole blabbermouth politicians
If you are new to Forex? Say Goodbye to your account!!
- #663,217
- Jun 29, 2012 1:39am Jun 29, 2012 1:39am
Well I don't think that everyone thinks that they know the markets, but that everyone is trying to analyze and debate current information and markets. People are so critical when someone else has a differentiating opinion because in their own mind they are right. That is what makes a market. Each seller's rational is different from the seller to the right and left of them and vice versa. If everyone "knew" the market then it would be at a constant standstill or always up or always down. Or we'd all be rich!
I collected a nice 80 pips yesterday...
I feel the same - every trader has his/her own method of trading
I post when I make mistakes, like that 170 "pop" burned me a little - everything I saw pointed down for me and that is what I followed.
I have seen some nuts post here about the greatness of their trading - whether it's true or not, anyone can claim that they're great and knew that it was going to go that way.
Enough said, for me it's ALWAYS a learning experience and I believe that even if I trade for another 50 years I'll still be surprised from time to time...