DislikedI know buddy, you know in the last 2 weeks I can bearely sleep because all my fundamentals are banging their heads.Ignored
- #683,121
- Aug 22, 2012 2:31pm Aug 22, 2012 2:31pm
- | Joined Jun 2012 | Status: Cogito ergo $um | 1,519 Posts
- #683,125
- Aug 22, 2012 2:43pm Aug 22, 2012 2:43pm
- | Joined Apr 2010 | Status: 888 | 1,664 Posts
You can remain irrational longer than you can remain solvent.
- #683,126
- Aug 22, 2012 2:44pm Aug 22, 2012 2:44pm
Back to basics again?
Listen : Greece may TRY to ruin, but listen to this :
- The bank system in Greece is linked to the bank system's in Italy,Spain + Portugal, is like a domino effect if ONE fails the others follow and they CAN'T AFFORD this to happen, because it will leave an 1 Trilion $ hole.
I like to call it the sinkhole effect in bathtub and that no one wants and will do anything to avoid.
OK, now back to more recent things, tomorrow the Indicators from EU will move a bit the market, BUT the most important will be Un Claims in US,...
Example with Asia in 1997
If you read news in 1997 with Tom yum goong crisis, in Thailand.
The Effect is impact to many country in Asia.
But the economic system is not connect like euro zone.
- #683,127
- Aug 22, 2012 2:46pm Aug 22, 2012 2:46pm
- Joined Feb 2012 | Status: Trader | 21,377 Posts
fking cable is holding on tooth and nail. Can't shake 5860 70pip shoot up and virtually no retrace.
In trading, you have to be defensive and aggressive at the same time
- #683,128
- Aug 22, 2012 2:48pm Aug 22, 2012 2:48pm
- | Joined Apr 2010 | Status: 888 | 1,664 Posts
What about talks of intervention by the ECB? The debt problems with Greece and Europe have been going on for more than a year now. I think the market has priced in a lot of those problems. If anything, EU could be forming a new uptrend but it's still too early to tell. Short term, I see 1.2620 by the weekend. Then we'll see how price reacts from there.
More than a year,not quite,
I've been reading a blog by a prop trader who was complaining
about Greece and the ECB over 2 years ago,i didn't realize it has been
so long,time flys when you're having fun and all that.
It almost seems normal at this piont.
You can remain irrational longer than you can remain solvent.
- #683,130
- Aug 22, 2012 2:50pm Aug 22, 2012 2:50pm
- | Joined Aug 2012 | Status: Trader, baker, candlestick maker! | 728 Posts
Yes, Agree with you
Example with Asia in 1997
If you read news in 1997 with Tom yum goong crisis, in Thailand.
The Effect is impact to many country in Asia.
But the economic system is not connect like euro zone.
.If someone is keeping a track of my posts, you should see that I kind make sense on fundamentals.
Remember my argument on :
-The BRIC countries who made forex combo's out of pure $ to 50-50 euro/usd + Venezuela made the same thing, and they are one of the key players in OPEC.
With that said the are more than just the EU group who doesn't wants the EUzone to break-up.
P.S : Greek's know how to play their cards believe me, 1 month ago I came a pleasure trip from Bruxelles and found out lot's and lot's of interesting things
- #683,131
- Aug 22, 2012 2:51pm Aug 22, 2012 2:51pm
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
New voice message: Why are you calling me? If I need you, I'll call you!
- #683,132
- Aug 22, 2012 2:52pm Aug 22, 2012 2:52pm
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
New voice message: Why are you calling me? If I need you, I'll call you!
- #683,133
- Aug 22, 2012 2:53pm Aug 22, 2012 2:53pm
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
New voice message: Why are you calling me? If I need you, I'll call you!
- #683,135
- Aug 22, 2012 2:54pm Aug 22, 2012 2:54pm
- | Joined Apr 2010 | Status: 888 | 1,664 Posts
You can remain irrational longer than you can remain solvent.
- #683,139
- Aug 22, 2012 3:02pm Aug 22, 2012 3:02pm
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
my UK broker sent me this emaill, guess I no longer speak english. can anyone make sense of that?
[right] عميلنا العزيز,
خلال شهر رمضان المبارك، تمكنا من جمع 30,000 دولار أمريكي بدعم من المتداولين...
it says they going to give 30k per month bonus
do you have swap free account ?
google says
Dear Customer,
During Ramadan, we were able to collect $ 30,000 for the support of the traders with us, and Sensor make a donation to Global SOS Children's Villages in this holy month. This amount will finance the education of more than 60 young Arabs.
Iskandar said Carpenter, General Manager of Alpari ME DMCC: "means economic challenges continuing it is important to support such trends good more than ever., There is a great need for labor in some areas of the Middle East, has helped our customers in making a real difference in the lives of people living in hardship. spin this campaign about making a difference in the lives of people who are struggling to live on a daily basis. particular, we would like to thank our customers who participated in this campaign, for their involvement and contribution. Without this high level of posts for campaign achieved this success. "
To read more about Ramadan promotional campaign, please visit the campaign page.
Eid Mubarak
Sincerely,
(Alpari (UK
Mohan