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  • #688,981
  • Sep 6, 2012 6:24pm Sep 6, 2012 6:24pm
German Industrial Production m/m


Is this an important news to look at?
There is nothing in the Universe but mathematical points of force.
  • #688,982
  • Sep 6, 2012 6:43pm Sep 6, 2012 6:43pm
Quoting kiranitoot
German Industrial Production m/m


Is this an important news to look at?
Yes, they are the largest economy in Europe and they export a lot.

If it is lower than last months it is somewhat bad for the Euro. If it is lower than the lowered expectation then it is really bad for the Euro.
  • #688,983
  • Sep 6, 2012 6:49pm Sep 6, 2012 6:49pm
Quoting klinckphilip
Yes, they are the largest economy in Europe and they export a lot.

If it is lower than last months it is somewhat bad for the Euro. If it is lower than the lowered expectation then it is really bad for the Euro.
I see. Thanks. Then 1.245x or 1.248x it is. That is if it can move the market 100-200 pips?
There is nothing in the Universe but mathematical points of force.
  • #688,984
  • Sep 6, 2012 6:50pm Sep 6, 2012 6:50pm
Quoting kiranitoot
I see. Thanks. Then 1.245x or 1.248x it is. That is if it can move the market 100-200 pips?
I doubt it. In tandem with great NFP, possibly.

Something you should keep in mind is that the Euro is almost supernaturally resistant to bad economic data at this point due to the sheer hopium quotient; the currency is badly doped up and can't feel its own glaring economic pain.
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  • #688,985
  • Sep 6, 2012 6:51pm Sep 6, 2012 6:51pm
Quoting sidhujag
... 30k within 3 years!
Based on what?

This should be good.
  • #688,986
  • Sep 6, 2012 7:26pm Sep 6, 2012 7:26pm
Euro just went straight up and down.

Is there a news driving this or is it just stop hunting?
  • #688,987
  • Sep 6, 2012 7:27pm Sep 6, 2012 7:27pm
Quoting CoolJL
Euro just went straight up and down.

Is there a news driving this or is it just stop hunting?
To be fair, it did bounce at the 1.264 resistance as it should have, and didn't exceed it much.
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  • #688,988
  • Sep 6, 2012 7:29pm Sep 6, 2012 7:29pm
Quoting Layzars
To be fair, it did bounce at the 1.264 resistance as it should have, and didn't exceed it much.

That down move was very aggressive, thought there might be something in it. But seem to be levelling off at the moment.
  • #688,989
  • Sep 6, 2012 7:31pm Sep 6, 2012 7:31pm
Quoting CoolJL
Euro just went straight up and down.

Is there a news driving this or is it just stop hunting?
I dont think so. On my chart price is traped between channel line and another support line. It hit Both of them atm. I just scalped about 20 pips
  • #688,990
  • Sep 6, 2012 7:34pm Sep 6, 2012 7:34pm
Quoting Emilpl
I dont think so. On my chart price is traped between channel line and another support line. It hit Both of them atm. I just scalped about 20 pips


Missed that thinking it'd get little clsoer to 1.265.
  • #688,991
  • Sep 6, 2012 7:34pm Sep 6, 2012 7:34pm
Inserted Video
The trend is my friend? The world casino is my friend!
  • #688,992
  • Sep 6, 2012 7:43pm Sep 6, 2012 7:43pm
Quoting CapR
http://www.youtube.com/watch?v=07fTs...1&feature=plcp
These cherry-picked moments are nothing compared to what the worst of the Republicans legitimately believe: that Obama would literally turn US sovereignty over to the UN if elected and Americans should prepare for armed revolution, that he's a de facto and de jure communist (and Muslim, and foreign born, and not legitimately president), that people should straight up die if they can't afford medical treatment, that there should be no government regulations in any sphere whatsoever, etc...

Give me a break; both sides have their crazies and silly constituents. We know you're a Libertarian and a market fundie; stop trying to start shit.
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  • #688,993
  • Sep 6, 2012 7:46pm Sep 6, 2012 7:46pm
Quoting CapR
http://www.youtube.com/watch?v=07fTs...1&feature=plcp
They should just nationalize everything, run the place as they want like in the soviet union, end up eating grass and then have to set up special economic zones like North Korea to atract investors with lower taxes than Hong Kong.
  • #688,994
  • Sep 6, 2012 7:47pm Sep 6, 2012 7:47pm
Holding 3 Shorts open... Anybody think like me?...
  • #688,995
  • Sep 6, 2012 7:50pm Sep 6, 2012 7:50pm
Quoting Emilpl
Holding 3 Shorts open... Anybody think like me?...
Me too short. sl 1.2665 tp 1.2604

ps. have a resistance at 1.2659
The Thief of Wall Street
  • #688,996
  • Sep 6, 2012 7:51pm Sep 6, 2012 7:51pm
Quoting Emilpl
Holding 3 Shorts open... Anybody think like me?...
How long are you planning to keep them open?
  • #688,997
  • Sep 6, 2012 7:53pm Sep 6, 2012 7:53pm
Quoting Emilpl
Holding 3 Shorts open... Anybody think like me?...
im holding a big one from 1.2644 and will let it run all day !!!

GL
“Don't cry because it's over, smile because it happened.”
  • #688,998
  • Sep 6, 2012 7:53pm Sep 6, 2012 7:53pm
Quoting CoolJL
That down move was very aggressive, thought there might be something in it. But seem to be levelling off at the moment.
nfp tomorrow. i don't think anything drastic is going to happen until the news release.
  • #688,999
  • Sep 6, 2012 7:55pm Sep 6, 2012 7:55pm
Quoting Emilpl
Holding 3 Shorts open... Anybody think like me?...
That depends; when did you initiate the shorts, at what price, and why?
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  • #689,000
  • Sep 6, 2012 7:57pm Sep 6, 2012 7:57pm
Quoting CoolJL
How long are you planning to keep them open?
First place to be cerfull for me is 1.2625 second 1.2604.

But I would like to keep it as long as possible
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