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  • #714,821
  • Nov 6, 2012 2:25pm Nov 6, 2012 2:25pm
Quoting wiseambition
I've got a strong feeling it's going to clatter all the way back down to where it was 12 hours ago

The longer TFs would suggest there's unfinished business on the downside

tomorrow they can hit the stops on the downside...
  • #714,822
  • Nov 6, 2012 2:28pm Nov 6, 2012 2:28pm
Quoting 21vs7
1/3 +8

can we squizze 06...or we go for a full monty to 2751?
took +11 on all
flatski

hate ny - and tired i guess.

be back...so..results in 6-8 hours time?
  • #714,823
  • Nov 6, 2012 2:28pm Nov 6, 2012 2:28pm
Quoting pico_zeh
tomorrow they can hit the stops on the downside...

And we're now looking at levels pierced 9 hrs ago say 11.30GMT

seems to be either a lot of selling or no buying, the NY monkeys are also going home to watch their tellies or vote
  • #714,824
  • Nov 6, 2012 2:28pm Nov 6, 2012 2:28pm
Looking at the daily, there is a crap-load of unfinished business on the downside and no reason for a bull run since price never challenged 1.3075, no more announced QE3 to make the market think that printing money is solving our problems, and no further fundamentals (at least until a fiscal cliff resolution in the US) to support appetite.

You will see a noticeable bounce when Spain finally stops screwing around and takes his handout from ECB scrooge like the spanish "Tiny Tim" it is.
  • #714,825
  • Nov 6, 2012 2:31pm Nov 6, 2012 2:31pm
Quoting d4amenace
Looking at the daily, there is a crap-load of unfinished business on the downside and no reason for a bull run since price never challenged 1.3075, no more announced QE3 to make the market think that printing money is solving our problems, and no further fundamentals (at least until a fiscal cliff resolution in the US) to support appetite.

You will see a noticeable bounce when Spain finally stops screwing around and takes his handout from ECB scrooge like the spanish "Tiny Tim" it is.
So what is the difference between the spanish bail out request and the Greek one ? Which will be signed tomorrow !!!
"It's the Margin, Stupid."
  • #714,826
  • Nov 6, 2012 2:32pm Nov 6, 2012 2:32pm
Quoting d4amenace
Looking at the daily, there is a crap-load of unfinished business on the downside and no reason for a bull run since price never challenged 1.3075, no more announced QE3 to make the market think that printing money is solving our problems, and no further fundamentals (at least until a fiscal cliff resolution in the US) to support appetite.

You will see a noticeable bounce when Spain finally stops screwing around and takes his handout from ECB scrooge like the spanish "Tiny Tim" it is.
it begs the question as to why they took the price up.
Big dogs playing Hump and dump I suppose, just for fun?
  • #714,827
  • Nov 6, 2012 2:34pm Nov 6, 2012 2:34pm
Quoting 21vs7
took +11 on all
flatski

hate ny - and tired i guess.

be back...so..results in 6-8 hours time?
just waiting on 2810 to see if it lets us down
and then out for me to
Trade What You See Not What You Want To See
  • #714,828
  • Nov 6, 2012 2:39pm Nov 6, 2012 2:39pm
Quoting Vachus
So what is the difference between the spanish bail out request and the Greek one ? Which will be signed tomorrow !!!

Simple. Greece small. Spain Big. Greece fails....europe catches a cold....Spain or Italy fails.....Europe goes on dialysis!
  • #714,829
  • Nov 6, 2012 2:40pm Nov 6, 2012 2:40pm
Quoting wiseambition
it begs the question as to why they took the price up.
Big dogs playing Hump and dump I suppose, just for fun?

Are you talking about QE?
  • #714,830
  • Nov 6, 2012 2:40pm Nov 6, 2012 2:40pm
Quoting wiseambition
And we're now looking at levels pierced 9 hrs ago say 11.30GMT

seems to be either a lot of selling or no buying, the NY monkeys are also going home to watch their tellies or vote
seems euro will close higher today, it means bullish feel... so, players will have to drop the market to hit the stops from the buyers, and also create bearish feel to buy from the traders, before the next rise... they may use elections as attribute.
  • #714,831
  • Nov 6, 2012 2:43pm Nov 6, 2012 2:43pm
Quoting d4amenace
Simple. Greece small. Spain Big. Greece fails....europe catches a cold....Spain or Italy fails.....Europe goes on dialysis!
Oh i see , a small country ... but if it was small and not that important , why the Greek red headlines always sent the PA done ? Even Bloomberg associated in of its reports the stock rally on Greek vows ..
"It's the Margin, Stupid."
  • #714,832
  • Nov 6, 2012 2:44pm Nov 6, 2012 2:44pm
Quoting pico_zeh
seems euro will close higher today, it means bullish feel... so, players will have to drop the market to hit the stops from the buyers, and also create bearish feel to buy from the traders, before the next rise... they may use elections as attribute.

Even in this scenario price should be limited to 1.2870 and then drop like a Kim Kardashians' popularity after she turns 35.
  • #714,833
  • Nov 6, 2012 2:45pm Nov 6, 2012 2:45pm
Quoting Vachus
Oh i see , a small country ... but if it was small and not that important , why the Greek red headlines always sent the PA done ? Even Bloomberg associated in of its reports the stock rally on Greek vows ..

The reason being is that a greek failure would mean Euro breakup....so markets see greek bailouts as big sigh of relief...but if you'll notice those sighs don't last long at all.
  • #714,834
  • Nov 6, 2012 2:46pm Nov 6, 2012 2:46pm
ill try to interrupt and sell both here around this areas

tight piggies that is
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  • #714,835
  • Nov 6, 2012 2:48pm Nov 6, 2012 2:48pm
Quoting d4amenace
The reason being is that a greek failure would mean Euro breakup....so markets see greek bailouts as big sigh of relief...but if you'll notice those sighs don't last long at all.
It doesn't.

The Euro is more about political willpower than economical.
Not all sins are created equal
  • #714,836
  • Nov 6, 2012 2:48pm Nov 6, 2012 2:48pm
thats me for the day
green pips to you all
good night
Trade What You See Not What You Want To See
  • #714,837
  • Nov 6, 2012 2:48pm Nov 6, 2012 2:48pm
Quoting d4amenace
Even in this scenario price should be limited to 1.2870 and then drop like a Kim Kardashians' popularity after she turns 35.
yes bro, i also have no argue on not short it at those levels.
  • #714,838
  • Nov 6, 2012 2:49pm Nov 6, 2012 2:49pm
Quoting pipsallday
thats me for the day
green pips to you all
good night
gn mate!
later
  • #714,839
  • Nov 6, 2012 2:50pm Nov 6, 2012 2:50pm
Quoting 21vs7
gn mate!
later
big bucks tomorrow GN
Trade What You See Not What You Want To See
  • #714,840
  • Nov 6, 2012 2:51pm Nov 6, 2012 2:51pm
Quoting d4amenace
The reason being is that a greek failure would mean Euro breakup....so markets see greek bailouts as big sigh of relief...but if you'll notice those sighs don't last long at all.
So, is it important or not important - pick a position , you are confusing me ...
"It's the Margin, Stupid."
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