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AUD/USD

  • #50,301
  • Jul 17, 2012 9:58am Jul 17, 2012 9:58am
Quoting bguguen
Hmm i dont wana be long now.... Ben saying no need for QE3 for possible gradual economic recovery in US in the next quarter
Too early to be shorting, IMO. Where did he say no need for QE3? All I heard was this pretty noncommital:

The Fed is “prepared to take further action as appropriate to promote a stronger economic recovery,”
  • #50,302
  • Jul 17, 2012 10:01am Jul 17, 2012 10:01am
Quoting Aldente
Too early to be shorting, IMO. Where did he say no need for QE3? All I heard was this pretty noncommital:

The Fed is “prepared to take further action as appropriate to promote a stronger economic recovery,”
Non committal = no QE3, end of story... his story hasnt change and so hasnt the idea of QE3, its not brought up then its not brought up.... i trade fundies. and thats about it....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #50,303
  • Jul 17, 2012 10:01am Jul 17, 2012 10:01am
Quoting england33
nice you did better than i.
Thanks
  • #50,304
  • Jul 17, 2012 10:03am Jul 17, 2012 10:03am
Quoting bguguen
Non committal = no QE3, end of story... his story hasnt change and so hasnt the idea of QE3, its not brought up then its not brought up.... i trade fundies. and thats about it....
His using that as his wild card.. He is learning how to play the game. Its a smart move and something I'd hoped that he would do. The Fed has only very limited powers, so you need to utilize them properly. He played it perfectly, I love that man!
There are those who know, and there are those who don't know.
  • #50,305
  • Jul 17, 2012 10:10am Jul 17, 2012 10:10am
Quoting MidasFG
Thanks
I just happy keeping the profit I made last week lol. Which was actually making back what I had previously lost. I'm surprised to see gold breakdown so fast. Maybe go through short term supports.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #50,306
  • Jul 17, 2012 10:15am Jul 17, 2012 10:15am
not out of the woods yet
Attached Image (click to enlarge)
Click to Enlarge Name: christmas trade191if.gif Size: 13 KB
Come with me if you want to live....
  • #50,307
  • Jul 17, 2012 10:20am Jul 17, 2012 10:20am
Quoting palabara
His using that as his wild card.. He is learning how to play the game. Its a smart move and something I'd hoped that he would do. The Fed has only very limited powers, so you need to utilize them properly. He played it perfectly, I love that man!
Ben Bernanke is playing the Mind game i love.... just because Technical Economic data is showing bad signs doesnt mean he'll bring up QE3... and people been Risk on like they're on mad cow ahem... sorry... Mad Bull Disease....

reminds me how Mad Cows get slaughtered...

BTW QE3 is not the way...
Heres a cartoon to show you why for all you cartoon lovers.... QE3 simply goes back to the banker's pocket....
and the so called GOOD stuff thats gona come out?? "SHIT"

http://www.investmentpostcards.com/w...lipboard02.jpg
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #50,308
  • Jul 17, 2012 10:22am Jul 17, 2012 10:22am
Quoting bguguen
Ben Bernanke is playing the Mind game i love.... just because Technical Economic data is showing bad signs doesnt mean he'll bring up QE3... and people been Risk on like they're on mad cow ahem... sorry... Mad Bull Disease....

reminds me how Mad Cows get slaughtered...

BTW QE3 is not the way...
Heres a cartoon to show you why for all you cartoon lovers.... QE3 simply goes back to the banker's pocket....
and the so called GOOD stuff thats gona come out?? "SHIT"

http://www.investmentpostcards.com/w...lipboard02.jpg...
I don't even pay attention to that mess. What ever he says isn't going to change my trade plan.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #50,309
  • Jul 17, 2012 10:22am Jul 17, 2012 10:22am
Quoting bguguen
Ben Bernanke is playing the Mind game i love.... just because Technical Economic data is showing bad signs doesnt mean he'll bring up QE3... and people been Risk on like they're on mad cow ahem... sorry... Mad Bull Disease....

reminds me how Mad Cows get slaughtered...

BTW QE3 is not the way...
Heres a cartoon to show you why for all you cartoon lovers.... QE3 simply goes back to the banker's pocket....
and the so called GOOD stuff thats gona come out?? "SHIT"

http://www.investmentpostcards.com/w...lipboard02.jpg...
Lol awesome cartoon and yeah QE3.. is not a "good" thing.. but, its a tool.. for them..that will eventually send this economy into a hyperinflation. That's my take on it.
There are those who know, and there are those who don't know.
  • #50,310
  • Jul 17, 2012 10:22am Jul 17, 2012 10:22am
Quoting Ill-b-back
not out of the woods yet
If there was easy money lying around,no one would be forcing it into your
  • #50,311
  • Jul 17, 2012 10:27am Jul 17, 2012 10:27am
Hi

Its a good time to go short now ??

Anyone has that trade ?
  • #50,312
  • Jul 17, 2012 10:31am Jul 17, 2012 10:31am
Quoting palabara
Lol awesome cartoon and yeah QE3.. is not a "good" thing.. but, its a tool.. for them..that will eventually send this economy into a hyperinflation. That's my take on it.
Well I must admit, that's my take on it also.
Quest. is when? Caught between rock and a hard place in election year.
Come with me if you want to live....
  • #50,313
  • Jul 17, 2012 10:34am Jul 17, 2012 10:34am
Quoting Ill-b-back
Well I must admit, that's my take on it also.
Quest. is when? Caught between rock and a hard place in election year.
Now you know when might be the probable time for Ben to use QE3... when Obama's winning chances diminishes... he'll utilise this tool to make it look like Obama has saved the US economy..... but the fact is.... its all printed money runing around the market creating enthusiasm....
if he doesnt use it before Obama is out of office... then when the hell would he??
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #50,314
  • Jul 17, 2012 10:36am Jul 17, 2012 10:36am
Quoting DaddyBear
DaddyBear once said .................

DaddyBear's cartoons are not indicators. Please do not apply them to your charts because they won't fit anyway.
Amen brother!
There are those who know, and there are those who don't know.
  • #50,315
  • Jul 17, 2012 10:43am Jul 17, 2012 10:43am
Quoting rickysous
Hi

Its a good time to go short now ??

Anyone has that trade ?
If you think gold will recover might not be good idea to stay too short.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #50,316
  • Jul 17, 2012 10:44am Jul 17, 2012 10:44am
Quoting bguguen
Now you know when might be the probable time for Ben to use QE3... when Obama's winning chances diminishes... he'll utilise this tool to make it look like Obama has saved the US economy..... but the fact is.... its all printed money runing around the market creating enthusiasm....
if he doesnt use it before Obama is out of office... then when the hell would he??
Yes I agree it is just medication but I think they will keep medicating until a cure is found, and I don't think that will be anytime soon.
Come with me if you want to live....
  • #50,317
  • Jul 17, 2012 10:45am Jul 17, 2012 10:45am
Quoting england33
If you think gold will recover might not be good idea to stay too short.
Thank you, I´ll wait too see what happen
  • #50,318
  • Jul 17, 2012 10:47am Jul 17, 2012 10:47am
Quoting FXMindset
Come with me if you want to live....
  • #50,319
  • Jul 17, 2012 10:47am Jul 17, 2012 10:47am
AU back to business,see 1.04 tomorrow,all the best
Sometimes it's better to be wrong,to learn..
  • #50,320
  • Jul 17, 2012 10:56am Jul 17, 2012 10:56am
Quoting KiNgEdwarD
AU back to business,see 1.04 tomorrow,all the best
how about 0190 0160..? see fibs
fokyou forexfactory
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