EURUSD

thx

Less discussion of economic schools that disagree with us (and our bottom line), more discussion of currencies and the EUR/USD pair please.

enjoy the tight range

back to sleep

Even he would not like what his disciples have done with his work. His ideas were tools for helping to fix things that others did not understand. What he found out right before he died is that the things that were not being understood were caused by government intervention. The FED did not lend based on the gold in reserve, for whatever reason, which created a depression. The only way out was massive spending.

But, the current liberals think that you spend your way out of everything. That is not the case. If you have an over heated housing market that crashes then you need a recession to cure the disease. If you spend and lower rates to ease lending to make the symptoms of the recession go away you get inflation. Inflation is worse than a recession.

Why is the New York sessio so slow?

Karl Marx was a great theoretician too.. and his philosophy fucked half of the world and killed millions..

According to this guy, the governments should save during good times and spend during bad ones.. The first part was conveniently forgotten...

It's all good on paper, but these idiots never take human nature into consideration..

Spanish catalonia region just requested 5B Euros of help... may be just the first one to do that, waiting for others...

I'm going to strictly limit my input on the subject to the following two comments:

To be fair, it wasn't the philosophy of Marx that fucked half the world and killed millions, it was power hungry sociopaths (Stalin, Mao) twisting it to their ends.

As for Keynes, yes, that's the fundamental problem of government economists who claim to act in accordance with his policies, and do his school a disservice with their ostensible association. They're not actually in compliance with it because no saving actually occurs to counterbalance spending.

london did the move. daily average range last 2 weeks = 90 pips. today's range = 111.

What I'm saying.. I lived in communism for half of my life, so I think I know a thing or two about it.. Pure theories never work in real life.. Capitalism, freedom are the closest to what we really are.. Anything else is an experiment bound to fail, regardless of their promises or initial intentions..

It was Marx. Real simple: when you have a "dictatorship" whether it be of the proletariat or aristocrat, it always ends the same way: slavery and mass murder.

Choose between 3 s**t, USD or EU or GBP, always illogical, this month was for erase Good news for USD, going down, good for EU same. Europe don`t know where is left and where is right, and still euro is well. ;(

Guys....I don't want to really get into this discussion. I can only say, that the root cause of all of this has to do with the principle of asking for interest on a loan.

Google "I want the world plus 5%" - should be a real eye opener for some of you.

this indicator give you in the most situations, where the market in going to go. it helps in weekly charts. wenn i see a signal, so i can decide to inter the market and to stay long time to earn hunderts of Pips. Look at the weekly signals EURUSD, EURAUD USDCHF GER30 USDCAD EURCAD and other more. I find it the the library of metatrader MQL4.com. and i like it.



//+------------------------------------------------------------------+
//| BBR.mq4 |
//| Bollinger Bands Breakout Reversal with RSI confirmation |
//+------------------------------------------------------------------+
#property copyright "Copyright @ 2011, downspin"
#property link "[email protected]"

#property indicator_chart_window
#property indicator_buffers 3
#property indicator_color1 Green
#property indicator_color2 Red
#property indicator_color3 DarkSlateGray

extern int corner=0,
x_dist=3,
y_dist=10;

double up[],
down[];

int init(){
IndicatorBuffers(2);
SetIndexStyle(0,DRAW_ARROW); SetIndexArrow(0, 233); SetIndexBuffer(0,up);
SetIndexStyle(1,DRAW_ARROW); SetIndexArrow(1, 234); SetIndexBuffer(1,down);
return(0);
}
int deinit(){
ObjectDelete("rsi");
ObjectDelete("bb");
return(0);
}
int start(){
double rsi0,rsi1,rsi2,bbu0,bbu1,bbl0,bbl1;
color rsicol=indicator_color3,
bbcol=indicator_color3;
for(int i=Bars;i>=0;i--){
rsi0=iRSI(Symbol(),0,7,5,i);
rsi1=iRSI(Symbol(),0,7,5,i+1);
rsi2=iRSI(Symbol(),0,7,5,i+2);
bbu0=iBands(Symbol(),0,20,2,1,0,1,i);
bbu1=iBands(Symbol(),0,20,2,1,0,1,i+1);
bbl0=iBands(Symbol(),0,20,2,1,0,2,i);
bbl1=iBands(Symbol(),0,20,2,1,0,2,i+1);
if((Low[i+1]<bbl1||Low[i]<bbl0)&&(rsi1<20||rsi2<20)&&rsi0>rsi1){
up[i]=Low[i]-5*Point;
}
if((High[i+1]>bbu1||High[i]>bbu0)&&(rsi1>80||rsi2>80)&&rsi0<rsi1){
down[i]=High[i]+5*Point;
}
if(i==0){
if(rsi0<20||rsi1<20||rsi2<20||rsi0>80||rsi1>80||rsi2>80) rsicol=Orange;
if((rsi1<20||rsi2<20)&&rsi0>rsi1) rsicol=Green;
if((rsi1>80||rsi2>80)&&rsi0<rsi1) rsicol=Red;
if(High[i]>bbu0||High[i+1]>bbu1) bbcol=Red;
if(Low[i]<bbl0||Low[i+1]<bbl1) bbcol=Green;
ObjectCreate("rsi", OBJ_LABEL, 0, 0, 0);
ObjectSetText("rsi","RSI",8, "Arial Bold", rsicol);
ObjectSet("rsi", OBJPROP_CORNER, 0);
ObjectSet("rsi", OBJPROP_XDISTANCE, x_dist);
ObjectSet("rsi", OBJPROP_YDISTANCE, y_dist);
ObjectCreate("bb", OBJ_LABEL, 0, 0, 0);
ObjectSetText("bb","BB",8, "Arial Bold", bbcol);
ObjectSet("bb", OBJPROP_CORNER, 0);
ObjectSet("bb", OBJPROP_XDISTANCE, x_dist+23);
ObjectSet("bb", OBJPROP_YDISTANCE, y_dist);
}
}
return(0);
}

This scenario is under the condition of Stability down 12583

http://www.borsaat.com/vb/uploaded/4...1346172723.jpg


We'll talk about later

h4 has 60 underneath, h1 has 69 above it... thinking....

Common man was, is and will never be free. Some cages are better than other however.

Seems 4H closing not good for Bears

Above is a more fair statement.

Keynes was not a bad guy and some of his theories are good tools to have around. But, nothing beats an un-infringed capitalistic economy. As soon as the government starts mucking around with it, watch out. And if they really take control you better have enough money to escape or you will be thrust into a sinkhole of poverty and tyranny that would rival any third world country.

i'm short usdchf as my monthly is giving me signs of further declines. i agree a eur drop is eminant and will deflate my opinion but bears have been calling for a drop for two weeks now. probably see a further push north on the eur to take out more stops.

i also like the double test and rejection of the 0.618 fib and prior 11/2009 support. only time will tell but maybe not until much later tonight though.

so, imho, i'm long eur despite consensus.