The Really Useless Thread | Page 5274 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The Really Useless System 25 replies

Bloomberg: VIX Indicator useless for forecasting the direction of equity prices 0 replies

The Really Really Boring Forex System 97 replies

Attachments: The Really Useless Thread
Exit Attachments

The Really Useless Thread

  • #105,461
  • Aug 2, 2012 7:43am Aug 2, 2012 7:43am
Quoting gatorinla
ecb... they are making plans to make a plan.. if they were going to do something.. all horse shit..
Any surprise there? That's all they ever do... oh, and meeting for the next meeting's prep-meeting
check out my blog: forexmademillionaire dot com
  • #105,462
  • Aug 2, 2012 7:43am Aug 2, 2012 7:43am
Quoting gatorinla
ecb... they are making plans to make a plan.. if they were going to do something.. all horse shit..
esp. as long as they do it on their own, nobody will be convinced or even being close to satisfied.

My 1st question as a reporter would be: "Mr. Draghi, how many of your friends will participate?"
  • #105,463
  • Aug 2, 2012 7:44am Aug 2, 2012 7:44am
Quoting sisse
disagree mate ...is the ECB and is very clear what they are going to do ...the political BS is for the EZ and EU politician, ECB buying bond in the primary market is not...

sisse
lets c what the market says.
those who can, do. those who cant, talk about those who can
  • #105,464
  • Aug 2, 2012 7:45am Aug 2, 2012 7:45am
Quoting gatorinla
lets c what the market says.
oh yes we agree 100% on that one ...let see what the markets say when he finishes not in the middle of his first sentence...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #105,465
  • Aug 2, 2012 7:48am Aug 2, 2012 7:48am
I'm trying not to watch, but I can see my e/u chart on another screen going bananas up and down. Starting to make me feel sea sick.
  • #105,466
  • Aug 2, 2012 7:48am Aug 2, 2012 7:48am
water shitt fak WTF is dragiishitt talking about
  • #105,467
  • Aug 2, 2012 7:50am Aug 2, 2012 7:50am
Quoting kill56
water shitt fak WTF is dragiishitt talking about
I feel like I'm watching a train wreck. I can't look away. It feels like he's talking to hear himself talk.
  • #105,468
  • Aug 2, 2012 7:52am Aug 2, 2012 7:52am
Quoting kill56
water shitt fak WTF is dragiishitt talking about
I think is pretty much done.

Quickly wrapping up. Non standards measures, bond buying and etc wide open. So the the coordinated world wide CB action in September scenario was true.

In the next few weeks we'll see the details so ...

On the macro side, crap outlooks, slowing down and etc so further rate cuts were on the table but that will be used on the bazooka next month if needed.

So playing the FA rate differentials targets here... GL

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #105,469
  • Aug 2, 2012 7:53am Aug 2, 2012 7:53am
Quoting sisse
sorry mate this time ...all those levels are "irrelevant" ...give it the 3 questions at least...his talking major words mate...

sisse
for years now. a temp bounce over a speech, does not change reality.

the ez will always have weaker countries. its asking a awful lot to expect other countries to support them. the ones being supported will not be able to take the medicine. in the long run, in the short run. maybe all is fine and we will c a good bounce. until the reality of paying for ozz..
those who can, do. those who cant, talk about those who can
  • #105,470
  • Aug 2, 2012 7:55am Aug 2, 2012 7:55am
Quoting sisse
So playing the FA rate differentials targets here... GL

sisse
What is that?
  • #105,471
  • Aug 2, 2012 7:56am Aug 2, 2012 7:56am
Quoting gatorinla
for years now. a temp bounce over a speech, does not change reality.

the ez will always have weaker countries. its asking a awful lot to expect other countries to support them. the ones being supported will not be able to take the medicine. in the long run, in the short run. maybe all is fine and we will c a good bounce. until the reality of paying for ozz..
IMO the options are very clear:

Either, 1) they make the ECB a real CB and allow them to print money and QE, etc (what most of EZ countries want)

2) or they devalue the euro until inflation ticks up (to +/- parity with the dollar at least) to correct the problems via monetary policy (risky one) / Thats the one Germany is doing by default...

We'll see

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #105,472
  • Edited 8:17am Aug 2, 2012 7:59am | Edited 8:17am
Quoting gatorinla
there are all relevant if the bull holds..or not.. just rungs in a ladder. a failed move will often go to the 50% mark then return to the lower rungs.. the mirror is 2102
2160.7 is a mid to the mirror..for 2102
edit changed 2150 yo 2160.7
um 2167
lm 2153
those who can, do. those who cant, talk about those who can
  • #105,473
  • Aug 2, 2012 7:59am Aug 2, 2012 7:59am
nope, not looking for longs any more...

1.2107 it is
dreams do come true.
  • #105,474
  • Aug 2, 2012 8:02am Aug 2, 2012 8:02am
We should make a Draghi press conference drinking game.

Every time he makes a really vague statement: take a drink.
Every time he rambles about something until he stops making sense: take a drink.

Every time he says they are going to do anything it takes to stabilize the euro: finish your drink.
  • #105,475
  • Aug 2, 2012 8:02am Aug 2, 2012 8:02am
Quoting sisse
IMO the options are very clear:

Either, 1) they make the ECB a real CB and allow them to print money and QE, etc (what most of EZ countries want)

2) or they devalue the euro until inflation ticks up (to +/- parity with the dollar at least) to correct the problems via monetary policy (risky one) / Thats the one Germany is doing by default...

We'll see

sisse
looking at my watch
how long does it take for countries to agree? will there be a vote. will it be 17 votes. will the people of those countries vote?
those who can, do. those who cant, talk about those who can
  • #105,476
  • Aug 2, 2012 8:05am Aug 2, 2012 8:05am
its all bullshit... all they do is consider.. say your gonna do something then do it.
those who can, do. those who cant, talk about those who can
  • #105,477
  • Aug 2, 2012 8:06am Aug 2, 2012 8:06am
i love dragishitt
  • #105,478
  • Aug 2, 2012 8:08am Aug 2, 2012 8:08am
2171.2 is not a bad place for a bounce.
should've said .2ish...
  • #105,479
  • Aug 2, 2012 8:08am Aug 2, 2012 8:08am
EU Long @ 1.2196 (3x)
  • #105,480
  • Aug 2, 2012 8:09am Aug 2, 2012 8:09am
Quoting kill56
i love dragishitt

...this guy has understand how he and his finance-cr*m*nal friends could make much money with his public comments.
...a few weeks ago it has been done by one of his grecian fellow.
36 traders viewing now