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  • #764,381
  • Edited 1:04pm Feb 26, 2013 12:52pm | Edited 1:04pm
Quoting Pip Anon
Well like any government or politician, only focused on the short-term without looking further down the road. Obama is freaking out about the sequester (although he is the one that proposed and signed it). the 85 billion that would be cut this year is what the US government borrows every 28 days.
he didnt sign it alone..
Inserted Video


btw the Spanish American war was paid for by u.s. taxpayers. that tax was paid until recently in your telephone bills. 100 years later. this was mules and horses infantry. the 2 recent wars are projected to total 7 trillion after the true cost is totaled.
those who can, do. those who cant, talk about those who can
  • #764,382
  • Feb 26, 2013 1:05pm Feb 26, 2013 1:05pm
gotta run.. toss some rocks.
those who can, do. those who cant, talk about those who can
  • #764,383
  • Feb 26, 2013 1:08pm Feb 26, 2013 1:08pm
Quoting gatorinla
he didnt sign it alone.. http://www.youtube.com/watch?v=6J8__fWphE0

btw the Spanish American war was paid for by u.s. taxpayers. that tax was paid until recently in your telephone bills. 100 years later. this was mules and horses infantry. the 2 recent wars are projected to total 7 trillion after the true cost is totaled.
Spicoli! haven't seen that movie is a long time. Although I dislike Obama, maybe I should not single him out. I dislike modern politics in general. What I meant was he signs it, but when GOP calls his bluff he goes on this campaign on how 85B a year will shut down the country. If it was such a bad idea, why propose it the way it was outlined and then try and cry wolf? As I said before, think only about the short-term without seeing the future. Politicians don't care what happens beyond their terms.

$16 trill in the hole - time to pay the Piper!
When the facts change I change my mind, what do you do sir
  • #764,384
  • Feb 26, 2013 1:20pm Feb 26, 2013 1:20pm
I made a brilliant comment in that respect... just kidding.

http://www.forexfactory.com/news.php...59#post6403173

Quoting Pip Anon
Spicoli! haven't seen that movie is a long time. Although I dislike Obama, maybe I should not single him out. I dislike modern politics in general. What I meant was he signs it, but when GOP calls his bluff he goes on this campaign on how 85B a year will shut down the country. If it was such a bad idea, why propose it the way it was outlined and then try and cry wolf? As I said before, think only about the short-term without seeing the future. Politicians don't care what happens beyond their terms.

$16 trill in the hole - time to pay the Piper!...
  • #764,385
  • Feb 26, 2013 1:31pm Feb 26, 2013 1:31pm
Quoting attila
I made a brilliant comment in that respect... just kidding.

http://www.forexfactory.com/news.php...59#post6403173
Lol, I remember reading that and laughing. It is quite sad what has been done.
When the facts change I change my mind, what do you do sir
  • #764,386
  • Feb 26, 2013 1:35pm Feb 26, 2013 1:35pm
Quoting Pip Anon
Spicoli! haven't seen that movie is a long time. Although I dislike Obama, maybe I should not single him out. I dislike modern politics in general. What I meant was he signs it, but when GOP calls his bluff he goes on this campaign on how 85B a year will shut down the country. If it was such a bad idea, why propose it the way it was outlined and then try and cry wolf? As I said before, think only about the short-term without seeing the future. Politicians don't care what happens beyond their terms.

$16 trill in the hole - time...
no need for me to answer this one. just go back to the last time we went over the edge, downgrade and such. and you can answer this one yourself.

i was curious, if you and i agree on something, enough to sign it. how is doing it, calling ones bluff?
could it not be said, oba is calling the gop's bluff.
those who can, do. those who cant, talk about those who can
  • #764,387
  • Feb 26, 2013 1:45pm Feb 26, 2013 1:45pm
I guess it depends on how you look at it. Obama is the one saying 100k teachers are going to be fired, airplanes won't fly, etc. He is fear mongering. If we have the sequester its the bad GOPs fault. Shame shame. I am aware he is not the only one to sign it, but if it was such a horrible idea why put it up in the first place? That's all I am saying. A deal always gets done or whatever, but why take it there in the first place. Hypothetical questions. I am just sick of it all.
When the facts change I change my mind, what do you do sir
  • #764,388
  • Feb 26, 2013 1:49pm Feb 26, 2013 1:49pm
Evening gents,

Politics is riveting. Especially with the actors we currently have on stage. But how is your guys view on EURJPY going to 120.470 on a long slow journey tonight before heading doen again?

I'm trying a long now and hoping the best. tp 120.70 sl 119.90
  • #764,389
  • Feb 26, 2013 1:50pm Feb 26, 2013 1:50pm
Quoting Pip Anon
I guess it depends on how you look at it. Obama is the one saying 100k teachers are going to be fired, airplanes won't fly, etc. I am aware he is not the only one to sign it, but if it was such a horrible idea why put it up in the first place? That's all I am saying. A deal always gets done or whatever, but why take it there in the first place. Hypothetical questions. I am just sick of it all.
just go back in time.. look at the date signed.. look at what the markets were doing just before signing. and the reason markets were doing it.. i cant believe people forget so fast. and you got others willing to rewrite it. and some even repeating the bs.. goggle the date headlines.. and the days before. then you come up with your own answer. about why it was signed.
those who can, do. those who cant, talk about those who can
  • #764,390
  • Feb 26, 2013 1:52pm Feb 26, 2013 1:52pm
Quoting balder
Evening gents,

Politics is riveting. Especially with the actors we currently have on stage. But how is your guys view on EURJPY going to 120.470 on a long slow journey tonight before heading doen again?

I'm trying a long now and hoping the best. tp 120.70 sl 119.90
Check what EURUSD is doing and where the daily close will be today. Below 1.3040, this baby will not be able to move above 120.25 for some time.
  • #764,391
  • Feb 26, 2013 1:52pm Feb 26, 2013 1:52pm
Long
Eu
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 12 KB
  • #764,392
  • Feb 26, 2013 1:56pm Feb 26, 2013 1:56pm
Quoting gatorinla
just go back in time.. look at the date signed.. look at what the markets were doing just before signing. and the reason markets were doing it.. i cant believe people forget so fast. and you got others willing to rewrite it. and some even repeating the bs.. goggle the date headlines.. and the days before. then you come your own answer. about why it was signed.
I don't need to. Nothing in terms of a budget has been done in 4 years. Get together a create a budget for 4, 5, or ten years and the country won't need this crap.
When the facts change I change my mind, what do you do sir
  • #764,393
  • Feb 26, 2013 2:00pm Feb 26, 2013 2:00pm
Quoting Pip Anon
I don't need to. Nothing in terms of a budget has been done in 4 years. Get together a create a budget for 4, 5, or ten years and the country won't need this crap.
then why ask the question? afraid of the truth?
you asked the question and dont like the results. so your adding something to the mix about the last 4 years.
those who can, do. those who cant, talk about those who can
  • #764,394
  • Feb 26, 2013 2:06pm Feb 26, 2013 2:06pm
Quoting gatorinla
120.02 ish and some confirmation bull weakness for 117.03
we already had e-close.
it dont have to bounce and i am not saying L it. just if it bounces look for weakness in the bull. the bounce is just probably a head fake before 117.03. 120.03 is normal..
here atm
those who can, do. those who cant, talk about those who can
  • #764,395
  • Feb 26, 2013 2:07pm Feb 26, 2013 2:07pm
Quoting gatorinla
then why ask the question? afraid of the truth?
What are you even referring to? The truth is the $1.2 trillion annual spending deficit or $16 trillion in total? What is going to happen when the deficit is $25 trillion and no one will lend us $$? Or the truth that elected officials cannot sit in a room and develop policies for the benefit of the country? We can harp on the past, maybe even talk about the blunders of John Adams or Andrew Jackson, but let's focus on what is wrong now and how we can fix it for the future.

Some see red. Some see blue. I just see B.S. all around.
When the facts change I change my mind, what do you do sir
  • #764,396
  • Feb 26, 2013 2:58pm Feb 26, 2013 2:58pm
Quoting math_GB
Check what EURUSD is doing and where the daily close will be today. Below 1.3040, this baby will not be able to move above 120.25 for some time.
And thanks to good advice i got out in the green. Cheers mate.
  • #764,397
  • Feb 26, 2013 3:04pm Feb 26, 2013 3:04pm
<li class="left noborder nolink"> Feb 26, 2013 3:47pm (18 hr ago)


http://www.forexfactory.com/resource...oader-dark.gif











Posted by Pip Anon
YEN/EURJPY UPDATE: Looks like daily pivot of 121.30 has turned to a little resistance in correlation to Yen 10.817 R2 turned support. Still early in the night. Don't really see anything until Benny's hearing at 10AM



Yup could be but need to keep tight reins on yen prs,
chart daily ej

note, the rejection last time pa was 127 70ish was vertical decent brutal bear power smash to 110 46 before BOJ kick in 1st intervention , is it possable again, who knows, what is clear anytime BOJ open purse strings this girl will rocket, without them this girl be a submarine
The last rally was pure intervention could say humongous truckloads of yen spent, question is, how much left in purse, mmm

I see no reason why cant target 110 again, presently was in descending channel @ previous resistance, a break north would have been bull flag, and mostlikely would have taken out the previous resist, but she broke south for now, fuken good job too

Where she going now?? tomorrow?? who knows, reality bears were still camped @ resistance, and have push down through a descending channe, my guess is in for some ping pong around the new S&R until this battle decided rr under 4hr is north over 4hr is south,

waiting for next 4hr battle winner she now retesting the breached ltl of the 4hr falling channel
Attached Thumbnails http://www.forexfactory.com/attachme...1&d=1361846788


Attached Thumbnails http://www.forexfactory.com/attachme...1&d=1361847185

4hr update still in battle still in ping pong mode
Attached Image (click to enlarge)
Click to Enlarge Name: EJ 4hr 27 2 2013.png Size: 111 KB
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  • #764,398
  • Feb 26, 2013 3:17pm Feb 26, 2013 3:17pm
Quoting KiwiTrada
<li class="left noborder nolink"> Feb 26, 2013 3:47pm (18 hr ago)


4hr update still in battle still in ping pong mode
Lol, yup. It's just hanging out. Took a scalp scalp at 119.35, looking for another 33 pips. Yen retreated later in the day again, so seeing if it will continue, or increase again. I wait too
When the facts change I change my mind, what do you do sir
  • #764,399
  • Feb 26, 2013 3:44pm Feb 26, 2013 3:44pm
Quoting dashlat
Long
Eu

You're hoping for a month end rally?
  • #764,400
  • Feb 26, 2013 3:51pm Feb 26, 2013 3:51pm
Quoting hutrader
You're hoping for a month end rally?
Maybe not a rally, but dollar is looking a little tired
When the facts change I change my mind, what do you do sir
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