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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #50,321
  • Aug 28, 2012 4:41am Aug 28, 2012 4:41am
I would not be surprised at all, if NY turns PA around the other way. Tuesday didn't get the nickname "Turnaround Tuesday" for nothing.
  • #50,322
  • Aug 28, 2012 4:42am Aug 28, 2012 4:42am
Quoting Pipnosis
..I would love to see your method..I'd be very interested. Thanks for the offer...
I would like to see you both get shot. This is fkin basic knowledge! Omfg, bye, I am out of here.

T
"I know one thing, that I know nothing." Sokrates
  • #50,323
  • Aug 28, 2012 4:44am Aug 28, 2012 4:44am
Citing Italian press, Finnish officials are in Rome looking into what assets would be available in the event Italy seeks a bailout from ESM or EFSF in near future.
------------------------------------------------

Hmmmmm. Interesting.
  • #50,324
  • Aug 28, 2012 4:44am Aug 28, 2012 4:44am
So basically Fitch just said Iff they do QE3 this year US will be downgraded.
(3 strikes out )

Quoting FXSwissTrader
Fitch's Riley says U.S fiscal cliff is a real concern.
Inflation in things we need, Deflation in things we want.
  • #50,325
  • Aug 28, 2012 4:47am Aug 28, 2012 4:47am
Quoting Thijs
So basically Fitch just said Iff they do QE3 this year US will be downgraded.
(3 strikes out )
This fitch statement could quite hurt usd atleast for some time and might help EU to make a new high .
finding A M S
  • #50,326
  • Aug 28, 2012 4:48am Aug 28, 2012 4:48am
Quoting Thijs
So basically Fitch just said Iff they do QE3 this year US will be downgraded.
(3 strikes out )
I wouldn't speculate, just reporting what's on newswire. The subject is like beating a dead horse.
  • #50,327
  • Aug 28, 2012 4:49am Aug 28, 2012 4:49am
Quoting prashant7
This fitch statement could quite hurt usd atleast for some time and might help EU to make a new high .
Highly doubtful.
  • #50,328
  • Aug 28, 2012 4:51am Aug 28, 2012 4:51am
Quoting Tom_D_Trader
I would like to see you both get shot. This is fkin basic knowledge! Omfg, bye, I am out of here.

T
Try to use the ignore button. Might be useful.
  • #50,329
  • Aug 28, 2012 4:54am Aug 28, 2012 4:54am
Quoting Thijs
So basically Fitch just said Iff they do QE3 this year US will be downgraded.
(3 strikes out )
I like your comment about QE3.

However, I believe that the problem is more so congress's inability or refusal to sort out their differences and fix the fiscal cliff issue. They seem to have made some progress but it is clearly not enough and I doubt the Republicans will be motivated to help resolve anything seeing as how the stalemate is putting the Democrats (Obama) in a very difficult situation.

Once the elections are over and done with, perhaps congress can get on with the business of addressing fiscal policy once and for all. Till then it's a lame duck administration and not at all surprising that Fitch is warning about a possible rating downgrade.
Those who say it cannot be done should not interrupt those who are doing it
  • #50,330
  • Aug 28, 2012 4:56am Aug 28, 2012 4:56am
Quoting Ken A
Try to use the ignore button. Might be useful.
Those who say it cannot be done should not interrupt those who are doing it
  • #50,331
  • Aug 28, 2012 5:06am Aug 28, 2012 5:06am
Or is it. Bloody hell! Placed a sell limit before going to bed at 1.2490 after seeing it hit the 2465 level and though it might pull back a little to the 2490-95 area before moving down again. And it did. Except the bugger decided it needed another hit of viagra. Crap! Stopped out at 2515.

Draghi cancels his trip to Jackson Hole meeting? Hmm, somehow I can't see this as a positive for the Euro. But I guess if you don't have anything good to say, don't say anything...

When is August over??? Please let it be over soon!!!
I observe your reality but live my own.
  • #50,332
  • Aug 28, 2012 5:06am Aug 28, 2012 5:06am
Quoting FXSwissTrader
That will cost you one naked virgin a month!
At least known among the dancers that I know from CP !!!

Good Morning

What happened ? I just got back from breakfast and see EUR/USD near 1.2550
  • #50,333
  • Aug 28, 2012 5:07am Aug 28, 2012 5:07am
I am a bit fuzzy the term of QE and Operation Twist. Can someone enlighten me on the subject? Seems like QE is out of the question for now but with different scheme that will provide near or similar objective as QE?
  • #50,334
  • Aug 28, 2012 5:12am Aug 28, 2012 5:12am
Quoting CurrencyMan
At least known among the dancers that I know from CP !!!

Good Morning

What happened ? I just got back from breakfast and see EUR/USD near 1.2550
There was obviously good buying value at L/O. As I mentioned we hit a naked POC in Asian session and it normally acts as very good support/resistance. Along with some known French buyer and stops being tripped allowed us to push price the other way to hit our next naked POC. All this with basically european equity markets being down this morning.

That's your recap CM. Now one naked virgin please!
  • #50,335
  • Aug 28, 2012 5:12am Aug 28, 2012 5:12am
Quoting Cgb
....Placed a sell limit before going to bed at 1.2490 after seeing it hit the 2465 level and though it might pull back a little to the 2490-95 area before moving down again. And it did. Except the bugger decided it needed another hit of viagra. Crap! Stopped out at 2515.
I did something similar... pending sell orders filled at 2497 and 2505 (slightly bellow DP)... stopped at 2540. Well - EUR is going UP from 24th July now...

Addon:
Quoting FXSwissTrader
There was obviously good buying value at L/O. As I mentioned we hit a naked POC in Asian session and it normally acts as very good support/resistance. ....
what is naked POC?
  • #50,336
  • Aug 28, 2012 5:16am Aug 28, 2012 5:16am
Please PipTrapper,
sorry what do you mean for FX option?


Thank you

Aldus

Quoting PipTrapper
Euro FX Option expiries for today at 14:00 GMT

1.2300
1.2305
1.2500 - Large
1.2505
1.2525
  • #50,337
  • Aug 28, 2012 5:17am Aug 28, 2012 5:17am
Quoting Ken A
I am a bit fuzzy the term of QE and Operation Twist. Can someone enlighten me on the subject? Seems like QE is out of the question for now but with different scheme that will provide near or similar objective as QE?
this explains it:
http://en.wikipedia.org/wiki/History...mittee_actions
  • #50,338
  • Aug 28, 2012 5:19am Aug 28, 2012 5:19am
Quoting Tom_D_Trader
Yup, no benefit at all mate. Only i feel like I am in kindergarten. Seriously. This is not supposed to be learning thread, but trading thread. There are other resources for this kind of knowledge. All the most basic FX books for example. If you didnt read any, you shouldnt be here.

T
I wonder what it is about me that causes you to speak to me in the way that you do. I know that you mean no disrespect. I beg to differ with you on the nature of this thread. We all share our knowledge and experience to be helpful to each other without personal agenda's getting in the way.

You last comment is surely not positive or helpful and I quote you.

"If you didn't read any, you shouldnt be here"

I am too wise to take the bait or take it personal. Your comment was not proper nor helpful. You assume things that are not in my mindset.

The only reason that I posted it was to show the contrast between basic information out there that in some cases people pay large amounts of money for and my strategy which only costs any readers here the time and effort to read it.

THE SUBJECT IS NOW CLOSED and you do not have to offer an apology or a comment since I have moved on having made my point of view known to yourself and a few others here that have issues with me which is their problem and not mine. I follow the rules and if I do not I always listen to our Leader PipTrapper on matters of discipline. If he asks me to stand in the corner for awhile I will. Take care be well and I suggest with respect that you may care to read "The Four Agreements"

P.S. On edit and I apologize to PipTrapper in advance for the following comment.

Tom what is your problem ? Your comment that I just saw that you are out of here does not bother me at all however you put down the other poster that requested information. You know the rules so please follow them.

PLEASE PLEASE PLEASE EVERYONE DO NOT COMMENT ON THIS POST AS THE MATTER IS NOW CLOSED AND NOW BACK TO FOREX ONLY.

Thank You All Very Much !!!
  • #50,339
  • Aug 28, 2012 5:19am Aug 28, 2012 5:19am
Ho!

Me having terrible time at office. You guys buying?
  • #50,340
  • Aug 28, 2012 5:19am Aug 28, 2012 5:19am
Quoting Chika Kure

what is naked POC?

A POC from previous days trading range that price has not returned to on any following days.
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