100 mean 28 ~ 30% spike on all imported goods , how ordinary people going to handle it.
Not all sins are created equal
- #770,581
- Mar 12, 2013 11:09pm Mar 12, 2013 11:09pm
- Joined Jan 2008 | Status: HEY! WHA' HAPPENED? | 15,496 Posts
- #770,582
- Mar 12, 2013 11:14pm Mar 12, 2013 11:14pm
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
That's assuming that the USD remains stable
Mohan
- #770,584
- Mar 12, 2013 11:16pm Mar 12, 2013 11:16pm
- Joined Jan 2008 | Status: HEY! WHA' HAPPENED? | 15,496 Posts
Not all sins are created equal
- #770,585
- Mar 12, 2013 11:19pm Mar 12, 2013 11:19pm
- | Joined Feb 2013 | Status: Crazy Scalper | 1,576 Posts
Everything in the world has its own rhytms
- #770,586
- Mar 12, 2013 11:20pm Mar 12, 2013 11:20pm
- Joined Jun 2012 | Status: ケンジ | 21,416 Posts
EUR/USD * USD/JPY = EUR/JPY basically. Now there does need to be some other variables added to account for variability, you can do the analysis if you wish..
Point is consider USDJPY as well
Or
EUR/JPY ÷ EUR/USD = USD/JPY
Or
EUR/JPY ÷ USD/JPY = EUR/USD
Now we do we go from here
- #770,589
- Mar 12, 2013 11:23pm Mar 12, 2013 11:23pm
- Joined Jan 2008 | Status: HEY! WHA' HAPPENED? | 15,496 Posts
Not all sins are created equal
- #770,590
- Mar 12, 2013 11:23pm Mar 12, 2013 11:23pm
- | Joined Feb 2013 | Status: Crazy Scalper | 1,576 Posts
Or
EUR/JPY ÷ EUR/USD = USD/JPY
Or
EUR/JPY ÷ USD/JPY = EUR/USD
Now we do we go from here
Everything in the world has its own rhytms
- #770,591
- Mar 12, 2013 11:24pm Mar 12, 2013 11:24pm
- | Joined Nov 2012 | Status: Trader | 1,397 Posts
pls check daily chart (both gu and EG) , it does not looking good for short @ this stage , but i have placed my short (hedge) @ 5x
that 4925, my stop, was the one i had. broke that, then i see more upside. sell limit is set at 4985 and 3090 (eu).
i am currently transferring my money to another broker. while trading both accounts. i am still holding 1 uj long from 93.36 and 2 gu shorts (5099 and 5129) on my old account, both would be my last trades on that acc.
i really can't manage both well.
- #770,592
- Mar 12, 2013 11:24pm Mar 12, 2013 11:24pm
- Joined Jan 2008 | Status: HEY! WHA' HAPPENED? | 15,496 Posts
thanks for that but now adays eu movement is very slow and risky ?
It's volatile. But if you have proper money management, that's not a problem.
I take comfort in the cheap seats for now
Not all sins are created equal
- #770,593
- Mar 12, 2013 11:26pm Mar 12, 2013 11:26pm
- | Joined Feb 2013 | Status: Crazy Scalper | 1,576 Posts
Yes it will.
Just like the cost at the pump in Japan has been through the roof. There's a tradeoff for everything.
Price of gas in Japan goes through the roof, Toyota announces profits and so does Panasonic for the first time in at least a couple of years, Abe is declared a hero.
In America, you could have a superb splendid day where Google, Walmart, Coca-Cola, Microsoft, McDonald's, Apple, Nike, Facebook, Amazon, IBM, Procter and Gamble, Disney, Pepsi, ExxonMobil and Citigroup were to announce record profits, unemployment would be eradicated...
Everything in the world has its own rhytms
- #770,594
- Mar 12, 2013 11:30pm Mar 12, 2013 11:30pm
- | Joined Dec 2011 | Status: Rags to riches | 1,316 Posts
US economy will goes stronger for the next 3 years, after that US will declare a war with some countries. it is a cyclical nature of US economic. 8 years looking for money, 8 years looking for power, 8 years looking for money again and so on. From Bush (power), Clinton (Money), Bush (power), Obama (money)
interesting analysis
Money never sleeps...
- #770,595
- Mar 12, 2013 11:34pm Mar 12, 2013 11:34pm
- Joined Jun 2012 | Status: ケンジ | 21,416 Posts
congratulation, you are confusing me with your formula!!!!! GOOD
Oh why? I did not invent it.
EUR/USD x USD/JPY = EUR/JPY
EUR/JPY ÷ EUR/USD = USD/JPY
EUR/JPY ÷ USD/JPY = EUR/USD
1.3035 x 95.79 = 124.86
124.86 ÷ 1.3035 = 95.79
124.86 ÷ 95.79 = 1.3035
Where did I go wrong
- #770,596
- Mar 12, 2013 11:40pm Mar 12, 2013 11:40pm
- | Joined Feb 2013 | Status: Crazy Scalper | 1,576 Posts
Oh why? I did not invent it.
EUR/USD x USD/JPY = EUR/JPY
EUR/JPY ÷ EUR/USD = USD/JPY
EUR/JPY ÷ USD/JPY = EUR/USD
1.3035 x 95.79 = 124.86
124.86 ÷ 1.3035 = 95.79
124.86 ÷ 95.79 = 1.3035
Where did I go wrong
Everything in the world has its own rhytms
- #770,597
- Mar 12, 2013 11:42pm Mar 12, 2013 11:42pm
- Joined Jun 2012 | Status: ケンジ | 21,416 Posts
I don't say you're wrong, actually you're absolutely right. I did the same couple years a go to find arbitrage profit from it but i never got it. please PM me if you see any change to get arbitrage profit from it
That's my whole point about John Grey's post talking of correlations
- #770,598
- Mar 12, 2013 11:49pm Mar 12, 2013 11:49pm
- | Joined Feb 2013 | Status: Crazy Scalper | 1,576 Posts
Can't you just let me look smart once in a while
That's my whole point about John Grey's post talking of correlations
Everything in the world has its own rhytms
- #770,599
- Mar 12, 2013 11:58pm Mar 12, 2013 11:58pm
- Joined Jun 2012 | Status: ケンジ | 21,416 Posts
you already smart bro!!!, if you aren't may be you just open an etoro account and be a follower from one of the "great" trader from there. Don't have to analyze the market again by yourself and just sleep and do your daily activities nicely.
PS. I am a sis not a bro.