EurAnalysis

Look at C/J, Maxwell is having fun there!

Is there one of those naked virgins at 1.2525 who's wearing a chastity belt or something??? Sheesh!

15 pips and about to reverse

Had to get one of these to see the price movement in the last few hours. The electron microscope, not the attendant

If you were long like ken, you wouldn't need one of those

Hahaha. I don't know why Cgb is making thing so complicated.

'Cause I'm special

Well, magnifying glass is a good start

Good night folks. I'm exhausted.

http://autorepairinbirmingham.com/wp...with-smoke.jpg

You are special

.............

Thank you for this "The Risk-On / Risk-Off Phenomenon".

I have read the article and was thinking that i t may be a good idea to just have a thread that is used for Paradigms Where only the owner of the thread would post a up date as to which paradigms are in play and what strengths.

Similar to PT Daily "Options update" As using the options expiry it is easier to mark out the Possible "Magnet levels" (i hope i am using the analogy in the right way) will be.

Anyway just a thought..

This is just an idea maybe good maybe bad would deffinatley help with some of the false reading or news and factor into reading of technicals, as a quick refrence no less.

I wanted to post this as I think it is pretty awesome that someone responded, as well as, to let people in thread know that.....eyes are watching. I am going to copy and paste a PM I received today and it will be in blue.


Hi Gofer Pips,

I noticed this post of yours asking about a gap you saw in the charts of your FXCM demo account. I checked with our tech support team, and they confirmed it was a tech issue on the demo server. Live accounts were not affected. The gap on the demo charts should be fixed this weekend when we are able to perform maintenance on the servers outside market hours. I apologize for the inconvenience.

Jason

EXactly as PT explained!

TOP OF THE FREAKIN PAGE>>>>>>>>AGAIN!

FXCM will very shortly be my new broker!

I have just watched both the videos associated to the strength meter.

This is better as a method to confirm, that you are in the right trade and an indication that you should scale in to your trade or scale back the trade.

IMHO

To enter based on the indicator may result in some good trades but as the seecond video shows you can end up in/out of trades premertually. (still the video shows a good return).

This indicator seems to fit in to all 4 of the follwoing catagories. That is based on the video that was posted by FXSwissTrader http://www.forexfactory.com/images/buttons/viewpost.gif

4 Types Of Indicators FX Traders Must Know

Read more: http://www.investopedia.com/articles...#ixzz24yznSjln

Thank you once again. Learning to become better and practical too.

Its not about coming first (or being the best), but its about getting accross the finish line with more than what you started with.

I think you will be happy with their service. They have always been very responsive to questions I've had.

http://www.financialsense.com/contri...rency-twisters

Snippet:

Central Banks Failure Obvious

A tour around the world leaves a person's head spinning. The financial system spun out of control long ago. The central banks cannot control the mayhem. The confirmation is that for over three full years, the official interest rate in the Untied States, Britain, Europe, and Japan has been near zero. This is unprecedented, and serves as a massive signal flare of systemic failure. The stimulus is nowhere except to speculate, surely not to conduct enduring capital buildout. USFed Chairman Bernanke has announced more open Quantitative Easing, which never stopped. Worse, the Jackass is of the opinion that nobody really knows what QE means anymore, except that it will save the financial markets, save our life savings, save pensions, and save the planet. All hail Prince Benjamin! The Operation Twist is being seen for the sham it is. The ugly fact of life for the USFed balance sheet is that the clumsy Chairman Ben has run out of short-term USTBills with which to offset the long-term USTBond purchases. The self-styled Twister has exhausted its fuel. To keep the game going, the secretly desperate USFed must resort to unsterilized pure hyper monetary inflation of the nasty variety. See the TFMetals Report on how the USFed is out of bullets, with no more USTBills in its arsenal. See the TFMetals Reports (click here).

The other major central banks are in extreme defensive postures. The announced cap on European sovereign bond yields on its face sounds absurd. No free market there, certainly not with any equilibrium basis. Lacking the advantage of a global reserve currency, the Euro bankers wish to impose by force the cancerous benefit of the USTBond safe haven phony bunker. The bond yield cap by Draghi should be seen as a massive signal flare of systemic failure to those with open eyes. The deed was done in the open, and follows suit with the cap on US yields done in hidden manner with the IRSwaps.

Hardly in view for the mainstream minions, the Japanese central bank has been a major buyer of USTBonds, in a new twist. The volume of the Bank of Japan purchases is essentially equal to the sales by China, so net zero Asian effect. That leaves the USFed alone on a net basis, as only buyer of US toxic toilet paper that quickly shows brown stains from bruised banker wounds and red stains from endless war battlefield wounds.

The USFed is financing almost the entire USGovt debt, and the dumkopfs in the pits, in front of screens, and from household dens are wondering when the next QE will come. They are more gullible and dumber than any English words can be used to describe them. If the USFed financed 100% of the USGovt deficit via debt monetization, just exactly when might the American professionals and public notice? Probably never! Observe the movement up in the Japanese Yen. Its rise serves as further motive for them to invest in USTBonds, even if increasingly toxic with each passing month, even if supported by a vast derivative machinery that reveals itself slowly, even if the USGovt deficits remain fixed over $1.3 trillion. As footnote, the nation of Japan has more diaper sales for adults than babies. The sun is setting on Japan Inc.

The sun is setting on Japan Inc.

http://imagesize.financialsense.com/...8-aug-2012.jpg

Bonus Snippet:

Numerous Currency Twisters

China might be making overt moves toward a convertible Yuan currency. The steady decline in their Current Account surplus could prompt a bold move to introduce a gold-backed currency a lot sooner than even the alert observers expect. The latest shocker story is that the Chinese Govt. is planning to accumulate another 6000 metric tons of gold in the near future, whose veracity is being questioned. Consider the recent acceleration in Chinese gold accumulation, either the basis core for a gold-backed Yuan alternative to the crippled toxic USDollar, or the basis core for a new global trade settlement system to be introduced very soon. The usually patient Beijing leaders are showing signs of no longer possessing patience. The gold imports from Hong Kong are not simply rising; they are exploding in unprecedented fashion. Something big is going on. The Chinese are diversifying away from USTBonds and into Gold. They are locking up African gold supply and other important industrial metals.

http://imagesize.financialsense.com/...-2009-2012.jpg

The Swiss Franc pegged to the Euro currency is a disaster waiting to happen. The water will overflow the imposed dam wall constructed of paper mache. A tidal wave of European money is seeking safety from the ruptured Euro currency and fast deterioration of the big Euro banks. The Euro will suffer a sudden breakdown just like the USDollar when reality strikes. In order to prevent the Franc from appreciating, the Euro is being bought in droves. In response, the Swiss National Bank (central bank) must buy Euros to prevent their Franc from appreciating from the capital flight. The Swiss central bank sales of the Euro to rebalance its reserves are reinforcing pressure on the broken unified currency. The Swiss central bank is setting itself up to become a bagholder of nightmarish proportions. As the Euro currency becomes a Southern European device to secure PIIGS on a leash, the pressure will build on the more viable currencies like the Swiss Franc. Eventually the peg will break and the Swissy will suddenly be priced 20% to 30% higher, with the Swiss banks the losers. They will be losers at the same time that the big Allocated Gold account class action lawsuits will be ordering awards to the victims. The wreckage and corruption of the Swiss banking system will serve as tomorrow's headlines.

Excellent

That is wishful thinking as it amounts to being a signal service as it is not something that is obvious until it is already in play and can change in a split second.

However, one thing that can be of help is a post that was added by another trader in the Kinder thread about how to use the currency meter to help determine when Risk-Off is in play. Check it... http://www.forexfactory.com/showthre...58#post5969558

An additional indicator of risk-on / risk-off is the commodity futures histogram at finviz.com
When the histogram is mostly green and US Bonds are included in the red, it's risk On
When the histogram is mostly red and US Bonds are included in the green, it's risk Off
Check it... http://www.finviz.com/futures_performance.ashx