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EURUSD

  • #733,461
  • Dec 16, 2012 3:54pm Dec 16, 2012 3:54pm
Quoting fxnav
OK what gap are you using, about a dozen of us have been posting prices for the last 5-6 hours, so if you are using a gap it must be a retail gap of a broker that shuts on Friday and opens really late on Sunday, so ask yourself, how come at least half a dozen of us don't have that gap. Then you need to know how big that broker of yours is, how many clients do they have and how many of them are trading this gap that you and only you can see on a Sunday night, how much money do those few retailers of YOUR broker have in their account and how many...
heheehhehe
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #733,462
  • Dec 16, 2012 3:54pm Dec 16, 2012 3:54pm
Quoting bennyblanco
I would say that Bernanke is on a course of insanity that will be difficult to reverse, he's having a $$ bonfire. The euro debt situation is precarious, however the US situtation is potentially worse. Euro has Germany behind it, the German economy is still strong and if they can keep the periphery under control then the eurozone can stabilise.

However, as always it's best not to get long/short biased. The herd mentality to head for $$ as a safe haven can still come into play, Europe is still of course liable to deliver bad headlines...
Germany is expected to fall in recession in 2013... said many times... i let u google "germany recession 2013" ...
  • #733,463
  • Dec 16, 2012 3:55pm Dec 16, 2012 3:55pm
Quoting bennyblanco
I would say that Bernanke is on a course of insanity that will be difficult to reverse, he's having a $$ bonfire. The euro debt situation is precarious, however the US situtation is potentially worse. Euro has Germany behind it, the German economy is still strong and if they can keep the periphery under control then the eurozone can stabilise.

However, as always it's best not to get long/short biased. The herd mentality to head for $$ as a safe haven can still come into play, Europe is still of course liable to deliver bad headlines
ever worked in manufacturing? do you know what the largest cost is in a industry, like car manufacturing.
those who can, do. those who cant, talk about those who can
  • #733,464
  • Dec 16, 2012 3:55pm Dec 16, 2012 3:55pm
Quoting tarrentino
Well said - Euro is a turd of the first order - bail outs with conditions - countries forming an orderly queue behind Greece for future bailouts - austerity for years...... risk all over the place and what do people do....... go long on the biggest dog at extreme levels! The TA monkeys crap on about inverse H&Ss - EURUSD touching 1.5 this week..... ZERO consideration for the fundamentals which are shit and commercial traders squaring books taking profits..... Logically you would anticipate a monster correction..... we will see!
And despite all this the euro still rises. Greek problems never disappeared at 1.18 yet it climbed to 1.4940... Markets aren't logical to say the least
  • #733,465
  • Dec 16, 2012 3:57pm Dec 16, 2012 3:57pm
Quoting bennyblanco
I would say that Bernanke is on a course of insanity that will be difficult to reverse, he's having a $$ bonfire. The euro debt situation is precarious, however the US situtation is potentially worse. Euro has Germany behind it, the German economy is still strong and if they can keep the periphery under control then the eurozone can stabilise.

However, as always it's best not to get long/short biased. The herd mentality to head for $$ as a safe haven can still come into play, Europe is still of course liable to deliver bad headlines
Zee Germans want the Euro to stay intact as they've been cleaning up on their exports due to a piss weak replacement currency compared to the old DM - the Euro has been a gift for Germany but now they're having to pay for the experiment by supporting all the basket cases who will be a drag on the German tax payer for years.... nobody wants to sober up after the decade long debt party..... the bail outs are about the same as dishing out another case of Stella to a piss head. Politically it will eventually come undone. So everyone buy EURUSD.... cos it's all fixed....
  • #733,466
  • Dec 16, 2012 3:59pm Dec 16, 2012 3:59pm
Why do people get so rattled about this raise?.. Scratching my head.. We're still ranging on the daily chart, as far as I can tell..
  • #733,467
  • Dec 16, 2012 4:06pm Dec 16, 2012 4:06pm
which market did just open now?
  • #733,468
  • Dec 16, 2012 4:09pm Dec 16, 2012 4:09pm
Quoting divak
which market did just open now?
Tokyo, maybe. They helped the euro, lately...
I'll shop after the drop
  • #733,469
  • Dec 16, 2012 4:10pm Dec 16, 2012 4:10pm
Quoting divak
which market did just open now?
Sydney
  • #733,470
  • Dec 16, 2012 4:11pm Dec 16, 2012 4:11pm
Quoting Willow
Tokyo, maybe. They helped the euro, lately...

The word "maybe" does not belong in a trader's vocabulary, what time is it now in Tokyo?
The great majority are rarely capable of thinking independently.
  • #733,471
  • Dec 16, 2012 4:11pm Dec 16, 2012 4:11pm
Quoting attila
Sydney
seems they are very excited there about the EUR, did Santa Klaus promised something im not aware of....?
  • #733,472
  • Dec 16, 2012 4:11pm Dec 16, 2012 4:11pm
Quoting divak
which market did just open now?
Sydney
  • #733,473
  • Dec 16, 2012 4:13pm Dec 16, 2012 4:13pm
Quoting divak
seems they are very excited there about the EUR, did Santa Klaus promised something im not aware of....?
It's amateur hour anyway..
  • #733,474
  • Dec 16, 2012 4:13pm Dec 16, 2012 4:13pm
Quoting fxnav
The word "maybe" does not belong in a trader's vocabulary, what time is it now in Tokyo?
at least 8 am, if not 9.
I'll shop after the drop
  • #733,475
  • Dec 16, 2012 4:15pm Dec 16, 2012 4:15pm
Quoting attila
It's amateur hour anyway..
amazing trading skills it seems?
  • #733,476
  • Dec 16, 2012 4:16pm Dec 16, 2012 4:16pm
Open above last friday high?
Patience, Emotion Control and Discipline.
  • #733,477
  • Edited 4:27pm Dec 16, 2012 4:16pm | Edited 4:27pm
Quoting gatorinla
zoomed in
This is call "Forex Inflation"..

Wolfy's daddy must be really h'issed off at her/him for missing that long..LOL

On a serious note.. for all those top pickers who had been shorting all the way up.. EJ is finally at a very good RR zone for a short.. risk 50~100 pips for a major correction or turn..
  • #733,478
  • Dec 16, 2012 4:16pm Dec 16, 2012 4:16pm
Quoting divak
seems they are very excited there about the EUR, did Santa Klaus promised something im not aware of....?
It's always jittery first few minutes after 10pm GMT
  • #733,479
  • Dec 16, 2012 4:18pm Dec 16, 2012 4:18pm
Quoting Willow
at least 8 am, if not 9.

Holy cow, do yourself a favour and go to your local Walmart/asda/carrefour or whatever you have around the corner of your house or in your local mall and buy yourself a couple of clocks, label them with London/NY/TY and hang them on the wall in front of you.

BTW it is 0718 in TY right now.........
The great majority are rarely capable of thinking independently.
  • #733,480
  • Dec 16, 2012 4:19pm Dec 16, 2012 4:19pm
Quoting FxLapozi
Sydney

Wonderful we have another guess. So Sydney, OK, fine. What exact exhange opened in Sydney then just now.
The great majority are rarely capable of thinking independently.
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