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  • #773,321
  • Mar 18, 2013 7:57am Mar 18, 2013 7:57am
Quoting attila
I think there's a little more up.
probably 1.2990
  • #773,322
  • Mar 18, 2013 7:57am Mar 18, 2013 7:57am
Downward movement is more likely as 2964 level as resisted every upward movement. I m trying a short here wt tight SL
Maximizing your potentials!
  • #773,323
  • Mar 18, 2013 8:01am Mar 18, 2013 8:01am
Quoting Bocephus
with u as well attila i think we see at least 2990ish
Fasten ur seat belts we r going dowwwwwwwwwwwwwwwwwwwwwwwwwwwwwn
  • #773,324
  • Mar 18, 2013 8:02am Mar 18, 2013 8:02am
Quoting 4exNinja
It's the same reason I cringe every time people in the US say "we need austerity to stimulate economic growth" because it's A) dishonest and B) completely counter-productive.

In case their wondering why people aren't spending anymore, it's because the top 1% saw their income grow by 419%+ over the past 20yrs, while the bottom saw a tiny increase if any at all. So the large consumer base simply doesn't have the money to spend...at least unless they use debt, which we all know is a vicious cycle that can't go on forever. And no, Buffet hiring...
The standard of living in the west is never gonna return to what it was. It was decided to have a free trade world that includes India, China and all of south east asia. The only way this equation balances is with living standards in the west coming down to meat in the middle with those of China. That's the real cause of the drop in the standard of living, nothing to do with the 1%- it's only natural for the capital owners and managers to get more when labor costs plummet.

The so called middle class with its cushy lifestyle is gonna get destroyed everywhere and we're returning to the historical norms of having a restricted number of hugely wealthy people, then their well paid administrators, government elites, a few percentage points bourgeoisie and then the large mass of people with no stake in the system. No amount of bitching and asking the government to tax the problem away is gonna help.
  • #773,325
  • Mar 18, 2013 8:04am Mar 18, 2013 8:04am
Quoting Stonar901
Fasten ur seat belts we r going dowwwwwwwwwwwwwwwwwwwwwwwwwwwwwn
yes... from 95
  • #773,326
  • Mar 18, 2013 8:04am Mar 18, 2013 8:04am
Quoting Stonar901
Fasten ur seat belts we r going dowwwwwwwwwwwwwwwwwwwwwwwwwwwwwn

Last time someone said that - davidsayli or Jelibon I guess - we went up by 500+ pips
  • #773,327
  • Mar 18, 2013 8:04am Mar 18, 2013 8:04am
Quoting Stonar901
Fasten ur seat belts we r going dowwwwwwwwwwwwwwwwwwwwwwwwwwwwwn
how did u get 1.2990, i got 1.2975 ......
  • #773,328
  • Mar 18, 2013 8:08am Mar 18, 2013 8:08am
Quoting attila
yes... from 95
Agree
New voice message: Why are you calling me? If I need you, I'll call you!
  • #773,329
  • Mar 18, 2013 8:11am Mar 18, 2013 8:11am
Quoting attila
yes... from 95
I was expecting to reverse my almost two month old short Friday but things didnt quite align right so I kept it. At this rate i expect to put in a long in about 2-3 days I reckon. What you think ? I mean I'm expecting quite a substantial move up these days, not your usual daytrade scalp
  • #773,330
  • Mar 18, 2013 8:12am Mar 18, 2013 8:12am
Quoting KillerWhale
Agree
Majoriy of expectation to go down. Market may be fishy.
  • #773,331
  • Mar 18, 2013 8:14am Mar 18, 2013 8:14am
EU:
BUY
If the price breaks through the level 1.29778 bullish movement will start. Targets of the bullish movement: 1.30514, 1.31276.
SELL
If the price breaks through the level 1.29092 bearish movement will start. Targets of the bearish movement: 1.28356, 1.27568.
  • #773,332
  • Mar 18, 2013 8:14am Mar 18, 2013 8:14am
Hallucination
  • #773,333
  • Mar 18, 2013 8:15am Mar 18, 2013 8:15am
Quoting sh5467
good analysis. Am I correct that you trade from Cambridge MaxDoom? I am also based in Cambridge, trade cable mainly but watch euro pairs as a factor.
Yes that is right I got your pm and will respond when I get five minutes. Probably tomorrow.
  • #773,334
  • Mar 18, 2013 8:16am Mar 18, 2013 8:16am
it seems no one knows what to do and market is ranging for 15 pip
  • #773,335
  • Mar 18, 2013 8:16am Mar 18, 2013 8:16am
Quoting SpacyTrader
I was expecting to reverse my almost two month old short Friday but things didnt quite align right so I kept it. At this rate i expect to put in a long in about 2-3 days I reckon. What you think ? I mean I'm expecting quite a substantial move up these days, not your usual daytrade scalp
we could be in this area for a while still.. 2888 is the mid of the whole thing.
  • #773,336
  • Mar 18, 2013 8:17am Mar 18, 2013 8:17am
Quoting SpacyTrader
The standard of living in the west is never gonna return to what it was. It was decided to have a free trade world that includes India, China and all of south east asia. The only way this equation balances is with living standards in the west coming down to meat in the middle with those of China. That's the real cause of the drop in the standard of living, nothing to do with the 1%- it's only natural for the capital owners and managers to get more when labor costs plummet.

The so called middle class with its cushy lifestyle is gonna get destroyed...
Tax may well end up being needed to help the situation, unless the 1% relent in their obsessive quest for more money at the expense of everyday people then they should be subject to more tax. I have no problem with people being wealthy, but the gap between rich & poor continues to grow. There needs to be a fairer share of resources, we keep getting sold the lie that we should just put up and shut up about declining living standards. Tighten our belts and all that crap, its 1% propaganda and unfortunately plenty buy it.
  • #773,337
  • Mar 18, 2013 8:18am Mar 18, 2013 8:18am
Quoting KillerWhale
Agree
how did u get 95, i got 75, todays high was only 75.
  • #773,338
  • Mar 18, 2013 8:20am Mar 18, 2013 8:20am
Quoting math_GB
Last time someone said that - davidsayli or Jelibon I guess - we went up by 500+ pips
What happened to those two or was it one?
  • #773,339
  • Mar 18, 2013 8:21am Mar 18, 2013 8:21am
Quoting SpacyTrader
The standard of living in the west is never gonna return to what it was. It was decided to have a free trade world that includes India, China and all of south east asia. The only way this equation balances is with living standards in the west coming down to meat in the middle with those of China. That's the real cause of the drop in the standard of living, nothing to do with the 1%- it's only natural for the capital owners and managers to get more when labor costs plummet.

The so called middle class with its cushy lifestyle is gonna get destroyed...
You're right, of course supply/demand of the work force plays a role in today's globalised world. However, the thing that bothers me is how disingenuous politicians are when they try to sell austerity to the people as a means to "improve their lives"...when in reality that's clearly not the case. Then again, not surprised that politicians lie
  • #773,340
  • Mar 18, 2013 8:21am Mar 18, 2013 8:21am
can someone tell me how did 95 figure arrive please, i m abit confused.
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