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  • #753,401
  • Feb 1, 2013 10:40am Feb 1, 2013 10:40am
Quoting math_GB
I guess it is all relative hah...? What ticks me off was, so many were so confident EUR zone will break up and countries one by one will exit etc. When I said that this is more of a political instrument, I remember I was attacked as if I insulted someone's family honour. Like you once said mate, the shite has buyers at every level and one should never forget that...
Nothing will happen... I'm sure there's some red neck out there loading up on guns and ammo thinking he knows something we don't...
  • #753,402
  • Feb 1, 2013 10:45am Feb 1, 2013 10:45am
Quoting johncen
Wow that was a big bar.... Seems euro wants 3800 so bad... Bt seems others seems nt following ~ didnt expect to see such strong bar bt thats forex

Sumone tell me were dollar index now at??
Below 79 we may hav broke a serious support

Nxt level might b 78.50ish

broke the 78.99 low from mid-dec this morning (hit 78.907 twice). agree next support (is ltl from 1/14 for me) comes in ~78.50 think that would be about .eu 3850

what is src of support that you see below? (fib, tl, hi/lo?)
  • #753,403
  • Feb 1, 2013 10:45am Feb 1, 2013 10:45am
Quoting attila
I remember when we were at 1.49 a couple of years back some stores on the east coast would not take usd, euro only.. then the yuro crushed and people were talking about the Eurozone blowing up to pieces... It's all relative, such a mind fuck for the sheep.. cracks me up..
draghi wont let the euro down...he said..."he will walk around in EU NAKED to save the euro"
  • #753,404
  • Feb 1, 2013 10:45am Feb 1, 2013 10:45am
Quoting Z3iz3i
Both moves were option-driven.

I think pair will come down back to 1.3650 but likely need some catalyst like news.

Everyone is long now. Watch closely hourly closes
Ziz is that wishful thinking...? My experience tells me with London is now closed, it will range but slowly go up and end the day around the weekly high Careful with any shorts you might have opened above 1.3700s...
  • #753,405
  • Feb 1, 2013 10:49am Feb 1, 2013 10:49am
Quoting gatorinla
in normal times.. i would be looking for weakness now at 370x eu.. the stuff in the m.e. going on should boost oil. a boost in oil in normal times is yen negative. a weak yen boost the euro.. this on top what the boj is doing. this will be a crises if it continues. a big one. put on the party hats..
I totally agree with you to strong eur is path to crisis, the only Germany is dragging Europe from the cliff but with such a strong currency exports will suffer big time and we know how Germany is reliable on exports
Loosening is not an option
  • #753,406
  • Feb 1, 2013 10:50am Feb 1, 2013 10:50am
I have rather important question.

How do you trade one-way market?

I find no articles on that issue.
  • #753,407
  • Feb 1, 2013 10:52am Feb 1, 2013 10:52am
Quoting Spik
I have rather important question.

How do you trade one-way market?

I find no articles on that issue.
one way as in trending markets..

buy the focking dip...

can also profit taking counter trend trades....but got to be very tactical
  • #753,408
  • Feb 1, 2013 10:56am Feb 1, 2013 10:56am
Just noticed on the MO we're going for 7 red ones.

Not happened since 2002. Definitly we're in need of a kit kat.
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  • #753,409
  • Feb 1, 2013 10:56am Feb 1, 2013 10:56am
Quoting math_GB
Ziz is that wishful thinking...? My experience tells me with London is now closed, it will range but slowly go up and end the day around the weekly high Careful with any shorts you might have opened above 1.3700s...
I dont have any positions open but everything is possible. It may take some balls to keep positions open over weekend if pair closes above 1.37.

They think they are smarter than I am.
  • #753,410
  • Feb 1, 2013 10:56am Feb 1, 2013 10:56am
Where the hell is my Jelibon...! I need some amusement time
  • #753,411
  • Feb 1, 2013 10:59am Feb 1, 2013 10:59am
Quoting Z3iz3i
I dont have any positions open but everything is possible. It may take some balls to keep positions open over weekend if pair closes above 1.37.

Good...! You got me worried for a moment but then I asked myself why should I care...? Everything OK? Had a good day, I believe...
Attached Image (click to enlarge)
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  • #753,412
  • Feb 1, 2013 11:01am Feb 1, 2013 11:01am
Quoting math_GB
Where the hell is my Jelibon...! I need some amusement time


my name is Jelibon please do not abuse me have respect

wait in two hours EU will be at 1.3210



no no I meant

my name is Davidsayli in two hours EU will be at 1.3210


oh feck I am going to get another name then you won't know it is me
  • #753,413
  • Feb 1, 2013 11:01am Feb 1, 2013 11:01am
Man we're almost on top of the .618 fib in the weekly. It just surprises the hell out of me that it happened so fast.
  • #753,414
  • Feb 1, 2013 11:03am Feb 1, 2013 11:03am
Quoting math_GB
Where the hell is my Jelibon...! I need some amusement time

Keep it clean


GL
  • #753,415
  • Feb 1, 2013 11:04am Feb 1, 2013 11:04am
Quoting MaxDoom
my name is Jelibon please do not abuse me have respect

wait in two hours EU will be at 1.3210



no no I meant

my name is Davidsayli in two hours EU will be at 1.3210


oh feck I am going to get another name then you won't know it is me
You forgot the signature, it is unmistakable...

I guess big boys sold yuro to everyone and they will dump it now... before NY close... wait and see

GL
  • #753,416
  • Feb 1, 2013 11:07am Feb 1, 2013 11:07am
Not shorting this thing till 1.3800...may chop my money
  • #753,417
  • Feb 1, 2013 11:12am Feb 1, 2013 11:12am
Quoting MaxDoom
yes, and oil is pushing $98 now.

I read some analysts stuff last October-ish saying that the producers would be looking to target + $100 a barrel for 2013 and look where we are....
if not for the boj.. i would be out on a limb saying we are at the top of a new/(old resuming) down trend here. not just a pullback.. with a sub 1876 target. but with boj.. i cant.. it has to develop in the other ways..
those who can, do. those who cant, talk about those who can
  • #753,418
  • Feb 1, 2013 11:13am Feb 1, 2013 11:13am
does anyone think that the trend is still long? I'm aiming for a target of 1.3714, just waiting for the retrace to stop, then I'll enter. Oh, its friday... maybe not
  • #753,419
  • Feb 1, 2013 11:13am Feb 1, 2013 11:13am
could this be the weekly turning point ?

http://primuspersada.com/images/couldthisbe.png
Patience Pays
  • #753,420
  • Feb 1, 2013 11:15am Feb 1, 2013 11:15am
Quoting Vilkas
I totally agree with you to strong eur is path to crisis, the only Germany is dragging Europe from the cliff but with such a strong currency exports will suffer big time and we know how Germany is reliable on exports
peek at the Spanish banks today..
those who can, do. those who cant, talk about those who can
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