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The Really Useless Thread

  • #130,241
  • Feb 7, 2013 7:53am Feb 7, 2013 7:53am
Quoting Mr Hatch
does it translate to 3510?
its the yen.....the ej..... it just slipped.. japan is a producer.. they produce.. oil is in everything produced cost. that cost at the high was 45% more.. japan ships everything in, then it ships it out.. just like china... and even the mighty Germany.. the japan cost at 45% it such a short tf is crazy.. anyone who has ever run a business could explain this.

we got a bottom... now break it or go long
those who can, do. those who cant, talk about those who can
  • #130,242
  • Feb 7, 2013 7:57am Feb 7, 2013 7:57am
collected 140 on 1 EJ short letting the other one run

EJ H1:
Attached Image (click to enlarge)
Click to Enlarge Name: Picture0149.jpg Size: 99 KB
Don't be a hero. Don't have an ego. Always question yourself
  • #130,243
  • Feb 7, 2013 7:58am Feb 7, 2013 7:58am
Quoting USD-Bear
collected 140 on 1 EJ short letting the other one run

EJ H1:
Attachment
  • #130,244
  • Feb 7, 2013 8:01am Feb 7, 2013 8:01am
clearen some more fiber
  • #130,245
  • Feb 7, 2013 8:02am Feb 7, 2013 8:02am
it also makes Asian products 35% cheaper in the ez. 35% cheaper in the market the Germans sell in. it just takes a small amount of that market from Germany. like 5% (conservative) then it puts them in a depression. it dont matter what Germany exports to Japan. the gap will eat it.. OZZ
those who can, do. those who cant, talk about those who can
  • #130,246
  • Feb 7, 2013 8:09am Feb 7, 2013 8:09am
Draghi's enraged... look at his mouth.
  • #130,247
  • Feb 7, 2013 8:13am Feb 7, 2013 8:13am
9:06 AM Draghi press conference (live here): The euro turns tail as Draghi talks about risks to the downside and specifically mentions the currency's strength as one of those risks. Up earlier, the euro now -0.4% and buying $1.3462. FXE -0.5% premarket. European stocks are at session highs, the Stoxx 50 +0.6%.
  • #130,248
  • Feb 7, 2013 8:13am Feb 7, 2013 8:13am
Quoting gatorinla
bull had a valid ej cross.. but a -126.69 erases it.. if that happens now. its a 1h 4h and 8 erase.
the eu never made the cross.
bear engulfed these... 125.14 is a r
those who can, do. those who cant, talk about those who can
  • #130,249
  • Feb 7, 2013 8:14am Feb 7, 2013 8:14am
Done and clear for me here.

ECB accommodative meaning only next macro numbers will serve as a guide. Meanwhile, just a "neutral" ECB not that unhappy with Euro at these levels but not that unhappy either for a "normal"pullback to calm down the French and the others crying for ECB interventions.... 1.345x for NY for a last leg to the highs in the neutral range via equities. Momentum line 1.352x. Failure or clean break down before or with NY opening range is cancel all and reassess levels.

Actively tracking H4s for the intraday play...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #130,250
  • Feb 7, 2013 8:14am Feb 7, 2013 8:14am
Quoting Mr Hatch
Draghi's enraged... look at his mouth.
shit happens.. who would of thunk
those who can, do. those who cant, talk about those who can
  • #130,251
  • Feb 7, 2013 8:24am Feb 7, 2013 8:24am
clearing a lot more fiber almost done


looking for a retrace now lets see
  • #130,252
  • Feb 7, 2013 8:24am Feb 7, 2013 8:24am
Quoting sisse
Done and clear for me here.

ECB accommodative meaning only next macro numbers will serve as a guide. Meanwhile, just a "neutral" ECB not that unhappy with Euro at these levels but not that unhappy either for a "normal"pullback to calm down the French and the others crying for ECB interventions.... 1.345x for NY for a last leg to the highs in the neutral range via equities. Momentum line 1.352x. Failure or clean break down before or with NY opening range is cancel all and reassess levels.

Actively tracking H4s for the intraday play...

sisse...
if i was making and selling widgets, and the guy next door was selling widgets at 35% cheaper from another country, in my home town. how long would i stay in business. why dont i just fire my widget makers, and buy directly from the other country. what do u think the fired workers would say to the elected leaders?
those who can, do. those who cant, talk about those who can
  • #130,253
  • Feb 7, 2013 8:32am Feb 7, 2013 8:32am
Quoting gatorinla
if i was making and selling widgets, and the guy next door was selling widgets at 35% cheaper from another country, in my home town. how long would i stay in business. why dont i just fire my widget makers, and buy directly from the other country. what do u think the fired workers would say to the elected leaders?
Because they don't sell the same widgets .... A cheap shirt made in Vietnam with a $0.20 a day worker is not the same as nano transistor for advanced space exploration or micro component for an industrial process produce in Germany ....

In any case, here we go with NY ...GL all

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #130,254
  • Feb 7, 2013 8:47am Feb 7, 2013 8:47am
Quoting sisse
Because they don't sell the same widgets .... A cheap shirt made in Vietnam with a $0.20 a day worker is not the same as nano transistor for advanced space exploration or micro component for an industrial process produce in Germany ....

In any case, here we go with NY ...GL all

sisse
so all the fired workers are buying nano transistor for advanced space exploration or micro components. that 3% will suffer little. but the other things most people buy, has more value. i would rather have a day of the income from all the Mc Donald's in Europe. then the finest German or French restaurant. the masses buy more cheap stuff.. Ray Croft or Sam Walton did well on that. a trade balance contains a lot of cheap stuff.
those who can, do. those who cant, talk about those who can
  • #130,255
  • Feb 7, 2013 8:54am Feb 7, 2013 8:54am
3414, last weeks low..
Look Sharp/Trade Tight
  • #130,256
  • Feb 7, 2013 9:03am Feb 7, 2013 9:03am
Just back home and there is nice drop
Any news released??
  • #130,257
  • Feb 7, 2013 9:04am Feb 7, 2013 9:04am


9:30 AM Dealing a blow to precious metals, the Chicago Fed's Charles Evans - as dovish as they come - tells CNBC QE could end before unemployment sinks to 7%. As for the 6.5% unemployment rate that might trigger rate hikes, Evans doesn't see that happening until mid-2015. GLD -0.7%, SLV -1.5% premarket. The dollar gets a bid as well, UUP +0.4% premarket.
  • #130,258
  • Feb 7, 2013 9:04am Feb 7, 2013 9:04am
Quoting egkid
Just back home and there is nice drop
Any news released??

nothing only draghi fart
  • #130,259
  • Feb 7, 2013 9:06am Feb 7, 2013 9:06am
Quoting kill56
nothing only draghi fart
What he said?
  • #130,260
  • Feb 7, 2013 9:07am Feb 7, 2013 9:07am
Quoting sisse
Because they don't sell the same widgets .... A cheap shirt made in Vietnam with a $0.20 a day worker is not the same as nano transistor for advanced space exploration or micro component for an industrial process produce in Germany ....

In any case, here we go with NY ...GL all

sisse

bro will it be the final stage for gold with the news about QE comen from the feds and we might break the dam 1650 soon
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