EU summit compromise deal on eurozone bank supervisor | Forex Factory

EU summit compromise deal on eurozone bank supervisor | Forex Factory

EU summit compromise deal on eurozone bank supervisor

From bbc.co.uk

EU leaders have agreed to set up a single eurozone banking supervisor - a major step towards a banking union. A legislative framework is to be in place by 1 January next year, with the body starting work later in 2013. The European Central Bank-led mechanism will have the power to intervene in any bank within the eurozone. The deal appears to be a compromise between France and Germany, who earlier disagreed over the timing and over the number of banks the ECB would oversee. The timetable remains important, because only when the body is fully operational will the eurozone's rescue fund inject cash directly into ailing ... (full story)

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Oct 19, 2012 8:08am

Politicians,policymakers and anyone who is anyone in determining the fate of everyone else on this world, are by default skilled drama producers and actors. The Order is in place already has been for some time , they just have to present it to the people in small/acceptable doses using the a medium we have so become at one with ...drama...an intense thriller is what this movie is all about,documenting humanity's fate.Make no mistake the future is written and unless some unplanned catastrophic event takes place, the EU is a part of that future.

Oct 19, 2012 8:18am

Quoting spekitox

Disliked

Fidza ... speaking of doses, did you take your pills today?

Ignored

Yeah cant you tell I sound happy lol, although I cant explain the green 3 eyed midgets dancing on my desk.

Oct 19, 2012 8:08am

Quoting Loadedgun

Disliked

It is sad that in the hurry to make money - most will lose money. For the time and effort required to master the market environment is far more than most are willing to commit to. But let me just say this so anyone paying attention can mark it down.

1) price moves in phases - undisturbed by news/"fundamentals"

2) The Euro is in a down phase mainly due to the need to make corrections intraday (it is called mean reversion by the initiated).

3) It must reach a price of at least 1.29240 (+/-) a few pips.

4) Upon reaching such a level it...

Ignored

1,26

Oct 19, 2012 8:39am

No one trusts the same people who are telling you to buy in Oct 2012 that said the same in Oct 2007 #BrokenSources

US Futures double their losses of the pre-open as every hedge fund on the planet waits for the housing#, they are long

Oct 19, 2012 5:48am

can u explain how? r u just counting ur no of post,every time u come up with same couple of question's what will gold do gold will go up to bala bala bala, come up some concrete analysis which can help other do ur home work ,every body here want's to learn nobody is perfect

Quoting Ijaz Anwar

Disliked

gold will be up to 1755 today

Ignored

Oct 19, 2012 5:51am

yesterday u were saying that gold will not go down to 1725 when i said it may touch 1725, now ur denying ur own thought,ur r saying this that gold will go up to 1755 last few days and it's moving down

Quoting Ijaz Anwar

Disliked

first it will go down to 1725 then there will be reverse to 1755

Ignored

Oct 19, 2012 6:43am

that's good thinking,don't just concentrate only the other analyses,also do ur own work and study becoz here in this form every body don't share their exact analysis most of the guz just misguided the people

Quoting Ijaz Anwar

Disliked

so i feel pleasure to discuss with others ,improving my trading skills

Ignored

Oct 19, 2012 7:22am

agree with u
[quote=Loadedgun;6115760]It is sad that in the hurry to make money - most will lose money. For the time and effort required to master the market environment is far more than most are willing to commit to. But let me just say this so anyone paying attention can mark it down.

1) price moves in phases - undisturbed by news/"fundamentals"

2) The Euro is in a down phase mainly due to the need to make corrections intraday (it is called mean reversion by the initiated).

Oct 19, 2012 8:43am

common people all around the world getting poorer and rich they don't have place to hide their money, and the corrupt governments applying taxes to the poorer and dumping their corrupt money in the swiss bank,and the common people all around the world are sleeping they actually don't want to change their destiny,thats where all the problem starts we elect croupet people again and again and then wait they will help us ..........uhhhhhhhhhhhhhhh, what a pity for all common people of the world

Oct 19, 2012 5:01am

But the horse has already bolted...

If only they had put in these measures 10 years ago <sigh>

Whether it is good or bad for the Euro, ultimately it is good but a little too late.

Oct 19, 2012 8:14am

Fidza ... speaking of doses, did you take your pills today?

Oct 19, 2012 10:51am

Quoting Loadedgun

Disliked

...
5) The probability of error attaching to all these statements is < 5%.
....

Ignored

Hey Gun.
What will you do if your errors exceed 5%?
And how do you measure?

Oct 19, 2012 6:52am

It's Friday, be sure we will see spike. Up or down, does not matter. Till now looks like rather down (dissapointment). BUt only the hell knows ...

Oct 19, 2012 8:30am

Sentiment is encoded in our subconscious through the above mentioned drama.
Man these pills are good... I will stop trolling now. Peace out have a nice weekend everyone

Oct 19, 2012 5:38am

gold will be up to 1755 today

Oct 19, 2012 5:43am

first it will go down to 1725 then there will be reverse to 1755

Oct 19, 2012 5:46am

let the data to come you can focus on the screen that time

Oct 19, 2012 5:54am

i just can speculate about the moves but cannot confirm any thing

Oct 19, 2012 6:05am

thats right

Oct 19, 2012 6:06am

if some one have surety please mention that

Oct 19, 2012 6:30am

i just tradde gold and cd nothing else

Oct 19, 2012 6:30am

so i feel pleasure to discuss with others ,improving my trading skills

Oct 19, 2012 5:16am

German savings bnks group still rejects eu supervision

Oct 19, 2012 5:26am

CORRECTED: Banking union may push UK to exit, says BBC's Peston http://ow.ly/eBpBQ #euco #brixit

Oct 19, 2012 5:09am

gold is facing strong resistance at 1730 if it's hold today i believe gold will go up in next week

Oct 19, 2012 7:25am — Edited

Spain IBex Drop -1.51%

Oct 19, 2012 5:52am

More huff and Puff from euro summit, reminds me of last summit 'we agree until we get back home then find some way to wriggle out of initial committment'!! Legal eagles will pour scourne on any agreement and remember Ms Merkel needs re-election.
Summary; good short term but position yourselves for an almighty move down.

Oct 19, 2012 7:12am

It is sad that in the hurry to make money - most will lose money. For the time and effort required to master the market environment is far more than most are willing to commit to. But let me just say this so anyone paying attention can mark it down.

1) price moves in phases - undisturbed by news/"fundamentals"

2) The Euro is in a down phase mainly due to the need to make corrections intraday (it is called mean reversion by the initiated).

3) It must reach a price of at least 1.29240 (+/-) a few pips.

4) Upon reaching such a level it will bounce to resume it's unitary trajectory which is up.

5) The probability of error attaching to all these statements is < 5%.

Just so that it is known that I am committed as detailed below to that direction and not trying to fool around with anyone.

Price: 1.30732, Stop: 1.31391, Objective 1.29240 - Trailing stop (715 points).

PS: Intraday fluctuations in the opposite direction will operate to present opportunities. Counter-trend moves by those without experience is relatively more dangerous that trading with the current direction of price or trend.

Oct 19, 2012 4:56am

good or bad for euro?

Oct 19, 2012 5:02am

good... for uero

Oct 19, 2012 5:11am

itm eur/usd short

it's payday

Oct 19, 2012 5:41am

Quoting Ijaz Anwar

Disliked

gold will be up to 1755 today

Ignored

HOW?

Oct 19, 2012 5:57am

Ijaz Anwar, you missed the most important word in your intellectual analysis, you HOPE gold will be to 1755 today!!

Oct 19, 2012 6:12am

Euro in top to 1.3200 - 1.3250

Oct 19, 2012 6:59am

Quoting moaf

Disliked

It's Friday, be sure we will see spike. Up or down, does not matter. Till now looks like rather down (dissapointment). BUt only the hell knows ...

Ignored

Right

Trader#8E42

Oct 19, 2012 8:25am

Don't forget the market sentiment, one of the really useful insights on markets' direction is it's sentiment...One way to determine sentiment is to wait till we have a strong piece of news on a specific currency, if it came positive and yet the currency fell; It's most probably a bearish sentiment , and vice versa.

Trader#56FD

Oct 19, 2012 5:59am

don't simply guess if u are not sure..

Trader#37C3

Oct 19, 2012 6:13am

since when have u been trading ijaz ?

Trader#B659

Oct 19, 2012 6:21am

I am short on Silver. Major reason being the US session which has been pushing it down. Another important thing to watch out is that, Silver has broken the support.

Trader#56FD

Oct 19, 2012 6:52am

ya, have to learn and explore ourselves, nothing is free in this world..

Story Stats

Oct 19, 2012 4:46am
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EZ EU Economic Summit