Lol love the way the pair is getting pulled up in spurts after the market close.....
When someone goes belly up, they get told how to run their finances.
They're paying for a bailout, they will run the finances. There is no such thing as independence of Greece, Spain, Italy, Ireland. It's done, the ship has sailed. Iceland knew this and that's why they flipped the bird to the banksters and haven't joined the union.
Yes, the Germans have won.
thanks for the observation... and greece, which has almost no reason to exist as a country, is probably the most absurd among them.reason is same as for people who've blown their brains out on drugs and aren't allowed to drive their own cars anymore!
- #716,003
- Nov 8, 2012 3:23pm Nov 8, 2012 3:23pm
- | Membership Revoked | Joined Jul 2012 | 4,197 Posts
"It's the Margin, Stupid."
- #716,004
- Nov 8, 2012 3:48pm Nov 8, 2012 3:48pm
- Joined Mar 2010 | Status: Trader | 42,434 Posts
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
- #716,011
- Nov 8, 2012 4:33pm Nov 8, 2012 4:33pm
- Joined Sep 2012 | Status: classic Arts | 1,043 Posts
closed 1.28118 @1.27728..
1.28198 stop @+8.. may have to keep it for 1.26388..
Some smart money front running 1.28888 ?
Closed Euro & reverse to long here @1.2745 with 50 pips stop.. bears will have to wait a bit longer for sub 1.27..
Sold Cable here @1.6156..
limit short waiting @1.6176 with 50 pip stop for both..
Long EurJpy here @101.288 with 50 pips stop..
- #716,013
- Edited 4:53pm Nov 8, 2012 4:42pm | Edited 4:53pm
- | Joined Oct 2012 | Status: Trader | 938 Posts
At least she isn't saying screw them. They could just let them go bust and try to insulate from the fallout. This needed to happen to create a better union. One more centralized and wholistic view having. Instead of individual countries like Greece trying to game the system.
Europe will come out of the global downturn MORE united and stronger. Sure it looks all "Woe is me" right now, but keep in mind most of the investments that italy and spain were making in advanced technologies was expected to be a burden during a downturn. But when...
i think too many people don't understand what is wrong with the periphery: it's not about being united, it's about being healthy! (assuming you're not juncker or von rompoy and you need something to say so that you won't look as useless as you actually are)
greece is sick (sicker even than italy) because they have a system of government and a culture that empowers cronyism and nothing else. they're much worse than the usa.
a young person in greece will find it nearly impossible to start a business or engage in any kind of entrepreneurial activity (except for organizing riots
)... you would have to overcome reams of red tape to enter and to function you would have to carefully step around entrenched interests - ie, competing businesses who have crony friends in government. in an environment like that, wealth and power over your own destiny will never come to you. the other absurdities of what greeks call "the political class" where evading taxes is a national passtime (unless you're a middle class worker who has no foreign bank acct) are really a secondary problem in longer term.
the europeans know this, the germans know it... for some reason they do not bring it out into the sun. scheuble frequently makes sarcastic or insinuating remarks but he never hits it head on. merkel won't even touch it. go figure...
====================
PS: vouches? the 2 of you don't need no stinking vouches! do you trade real money? are you in prison right now and warden won't let you? doesn't you're mommy let you trade with your allowance money? is it too scary to trade real money?
i am sure that is not the case. the most important thing is to trade real money (even you're only comfortable risking a dollar) and to find out how to end the day with more than you started. it's the only thing that is important. period. having someone say your a good and knowledgeable trader won't make you a single dime.
if you're posting for vouches instead of to get into things, test ideas, get criticism, learn what you can, contribute if possible --- what a waste of time.
- #716,014
- Nov 8, 2012 4:46pm Nov 8, 2012 4:46pm
- Joined Feb 2012 | Status: Trader | 5,619 Posts
Damn my pending long triggered at 2746 need to keep a close eye on this one, While H1 wanna see 2836-44 once again(or 2718 first) H4 wanna see 2516...But the Daily - that cow just broke out of a Triangle not sure what she wants yet, too early to tell
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
- #716,015
- Nov 8, 2012 4:53pm Nov 8, 2012 4:53pm
As an aside, who gives a rat's ass about vouchers? They mean absolutely nothing. There are traders who have handles here that are the guys that move the markets you trade with none, zero, zip, nada for vouchers. All they care about is taking your accounts. Fixate on inane things like how many forex factory vouches you have and it will make things just a little quicker for them.
I don't care about vouchers, that was a joke really - conected to KillerWhale, who was talking about it a few hours ago, saying sth like "I really wanted to give some vouchers this evening, you guys help me out on this"anyway great analysis - it supports my own and I'm glad. Thanks!
- #716,016
- Nov 8, 2012 4:58pm Nov 8, 2012 4:58pm
- | Membership Revoked | Joined Jul 2012 | 4,197 Posts
"It's the Margin, Stupid."
- #716,017
- Nov 8, 2012 5:32pm Nov 8, 2012 5:32pm
- | Commercial User | Joined Mar 2012 | 1,978 Posts
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