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  • #673,001
  • Jul 29, 2012 10:59pm Jul 29, 2012 10:59pm
Quoting fxrustyspoon
I'm just curious if anyone understands get it ,stands under law, but knows what your actually trading? Does anyone know who or how money is created? I can't wait to see what some of your answers will be.
Sorry I do not understand. Does anyone care to explain if understood?
"Men who can both be right and sit tight are uncommon."
  • #673,002
  • Jul 29, 2012 11:00pm Jul 29, 2012 11:00pm
Quoting fxrustyspoon
I'm just curious if anyone understands get it ,stands under law, but knows what your actually trading? Does anyone know who or how money is created? I can't wait to see what some of your answers will be.
Are you talking about the Federal Reserve, which there is nothing Federal in it, and who prints money out of thin air?
Time turns trend. - W.D. Gann
  • #673,003
  • Jul 29, 2012 11:05pm Jul 29, 2012 11:05pm
Quoting fxrustyspoon
I'm just curious if anyone understands get it ,stands under law, but knows what your actually trading? Does anyone know who or how money is created? I can't wait to see what some of your answers will be.
Why don't you tell us wise guy?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #673,004
  • Jul 29, 2012 11:18pm Jul 29, 2012 11:18pm
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
First they saw down a tree and turn it into paper.....or plastic.....ha ha no they create it out of thin air (FED) and businesses turn it back into thin air again (writedowns) Are you happy now???
  • #673,005
  • Jul 29, 2012 11:19pm Jul 29, 2012 11:19pm
i cant understand why people are mentioning 1.35 when the charts does not tell anything about that . seems like we have lots of fortune teller here who can predict the events.
  • #673,006
  • Jul 29, 2012 11:19pm Jul 29, 2012 11:19pm
Quoting ForExtraPips
Are you talking about the Federal Reserve, which there is nothing Federal in it, and who prints money out of thin air?
not printing but creating. Say the fed buys 10k of t-bills from a dealer that dealer deposits there receipt or what they now call a note that note in turn creating a liability on itself
In its bank reserve balance. Lol poof $10,000
A man is what he thinks about all day long. - Ralph Waldo Emerson
  • #673,007
  • Jul 29, 2012 11:20pm Jul 29, 2012 11:20pm
Quoting tankokjian
i cant understand why people are mentioning 1.35 when the charts does not tell anything about that . seems like we have lots of fortune teller here who can predict the events.
i think many people tend to trust their own methodology more than what the majority feels.
  • #673,008
  • Jul 29, 2012 11:22pm Jul 29, 2012 11:22pm
Quoting fxrustyspoon
not printing but creating. Say the fed buys 10k of t-bills from a dealer that dealer deposits there receipt or what they now call a note that note in turn creating a liability on itself
In its bank reserve balance. Lol poof $10,000
That's why only time will tell when this great country of ours will fall. Because of crap like that. Just look at Social Security. Ever since Reagan was in office, there's nothing but O.I.U.'s in there. Once all of the Baby Boomers retire, look out. "Pyramid" scheme.
Time turns trend. - W.D. Gann
  • #673,009
  • Jul 29, 2012 11:23pm Jul 29, 2012 11:23pm
Quoting KillerWhale
Why don't you tell us wise guy?
This guy who thinks he is so clever doesn't even know ...I love it
A man is what he thinks about all day long. - Ralph Waldo Emerson
  • #673,010
  • Jul 29, 2012 11:25pm Jul 29, 2012 11:25pm
Quoting tankokjian
i cant understand why people are mentioning 1.35 when the charts does not tell anything about that . seems like we have lots of fortune teller here who can predict the events.
It's called 50% retracement. Look at the long term chart. Depending on where this month's candle closes, it's telling me right now, as I type, 1.3489
Time turns trend. - W.D. Gann
  • #673,011
  • Jul 29, 2012 11:27pm Jul 29, 2012 11:27pm
just simple trend lines and HEREBY STICKING TO YOUR OWN PRINCIPLES .
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  • #673,012
  • Jul 29, 2012 11:33pm Jul 29, 2012 11:33pm
Quoting fxrustyspoon
This guy who thinks he is so clever doesn't even know ...I love it
I got a good one for u killer, do you know who much money your so called units lmao or lots aka micro lots your trading is actual "currency " or total demand or checkable deposits? I can assure u u have no clue Einstein
A man is what he thinks about all day long. - Ralph Waldo Emerson
  • #673,013
  • Jul 29, 2012 11:34pm Jul 29, 2012 11:34pm
Look at this monthly. See where the swing high of 1.49381 happened in the Month of May, last year. Then you have the current low, this month, of 1.20413. But this is the key. This month is NOT over with yet. That's why it's very dangerous picking tops and bottoms. It can kill you. Trust me, I've been burned by it. So, "depending" on "where" this month's candle closes at, will determine this whole 50% retracement, long term target.
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Time turns trend. - W.D. Gann
  • #673,014
  • Jul 29, 2012 11:43pm Jul 29, 2012 11:43pm
through all your bickering, i went bullish. but unfort. see a possible break of the parallel trend line.
  • #673,015
  • Jul 29, 2012 11:44pm Jul 29, 2012 11:44pm
ooops, my chart.
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  • #673,016
  • Jul 29, 2012 11:51pm Jul 29, 2012 11:51pm
Quoting attila
Simpler, h4 and daily main levels only. It seems it's going straight for the 2259 "decider". I'll try to catch a break from trading this week. GL all.

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Are you the same Attila on trade2win?
  • #673,017
  • Jul 29, 2012 11:51pm Jul 29, 2012 11:51pm
Quoting sdcasper
ooops, my chart.
MA cross over. you should have awaited abit more to long.
  • #673,018
  • Jul 29, 2012 11:52pm Jul 29, 2012 11:52pm
Quoting sdcasper
ooops, my chart.
Interesting.
"Men who can both be right and sit tight are uncommon."
  • #673,019
  • Jul 29, 2012 11:53pm Jul 29, 2012 11:53pm
Quoting ForExtraPips
Look at this monthly. See where the swing high of 1.49381 happened in the Month of May, last year. Then you have the current low, this month, of 1.20413. But this is the key. This month is NOT over with yet. That's why it's very dangerous picking tops and bottoms. It can kill you. Trust me, I've been burned by it. So, "depending" on "where" this month's candle closes at, will determine this whole 50% retracement, long term target.
beautiful. looking at 2nd rejectiom of the bearish trend line before i go short.
  • #673,020
  • Jul 29, 2012 11:54pm Jul 29, 2012 11:54pm
Quoting tankokjian
MA cross over. you should have awaited abit more to long.

which ma's?
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