EURUSD | Page 38668 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, USD/CHF

Similar Threads

MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
Exit Attachments

EURUSD

  • #773,341
  • Mar 18, 2013 10:24am Mar 18, 2013 10:24am
Quoting MaxDoom
What happened to those two or was it one?
Probably got married and living happily
  • #773,342
  • Mar 18, 2013 10:26am Mar 18, 2013 10:26am
Quoting math_GB
Last time someone said that - davidsayli or Jelibon I guess - we went up by 500+ pips
Really seems it works
  • #773,343
  • Mar 18, 2013 10:26am Mar 18, 2013 10:26am
Quoting bennyblanco
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.
Theres no way that's gonna work. The reason is the wealth of the 1% that they don't consume is not a cost to society- only the money that they spend on yachts and such is pulling away resources that otherwise might have been consumed by everybody else. That's what people dont understand: they actually think the part the rich consume helps the economy when its the other way around- the investments create new factories and jobs.

Taxing investments in stocks or bonds as that's what the rich have is moronic: provided you can actually collect it (thankfully you cant and it mostly isnt collected cause it gets put in foundations and trusts) the rich are not just gonna see their wealth diminished or get less yield on their investments: they'll demand more dividends and only buy bonds when their price drops enough so they get a yield to compensate for your stupid tax.

Conclusion: rich people don't pay tax- EVER. Only poor people ever do. At most the rich can act as tax collectors for the government fooling people that somebody else pays for their welfare and benefits. They arent. Increase taxes on the rich and actually collect it- watch your food cost more next month while the rich guy you're trying to rob doesnt give a shit.
  • #773,344
  • Mar 18, 2013 10:29am Mar 18, 2013 10:29am
Quoting tankokjian
can someone tell me how did 95 figure arrive please, i m abit confused.
it's there on the chart. zoom out from the weekly. it was also reacting well there, m15 will show, the pas 2 weeks
  • #773,345
  • Mar 18, 2013 10:30am Mar 18, 2013 10:30am
yep. here's my thinking.. "whoever was fucked before, will be fucked after"...
Quoting SpacyTrader
Theres no way that's gonna work. The reason is the wealth of the 1% that they don't consume is not a cost to society- only the money that they spend on yachts and such is pulling away resources that otherwise might have been consumed by everybody else. That's what people dont understand: they actually think the part the rich consume helps the economy when its the other way around- the investments create new factories and jobs.

Taxing investments in stocks or bonds as that's what the rich have is moronic: provided you can actually collect it (thankfully...
  • #773,346
  • Mar 18, 2013 10:30am Mar 18, 2013 10:30am
Quoting tankokjian
can someone tell me how did 95 figure arrive please, i m abit confused.
It was supposed to be 0.618 support level for today according to 1.3061 is daily pivot for today and 0.0108 Fridays range if Cyprus deal not here today.
It can be resistance now if you think we come up from 1.2882.

I don't know how Attila find his number.

Take care
  • #773,347
  • Mar 18, 2013 10:30am Mar 18, 2013 10:30am
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...
only cause a lying piece of shit all wrapped up in a flag tells the people lies.. free trade yadda yadda means jobs crap... when its not on a even playing field its horseshit. when you import 100 billion from china and sell them 5 billion, its bullshit.. yeah we create one exporting job and lose 20... and wallmart (aka china) benefits..

needless to say, the u.s. gets most of its oil from north America. and yet we fight 2 wars to keep the oil flowing to Europe and Asia with most of the cost paid by the u.s. how convenient
those who can, do. those who cant, talk about those who can
  • #773,348
  • Mar 18, 2013 10:31am Mar 18, 2013 10:31am
Quote
the investments create new factories and jobs

In theory...yes. In practice...not necessarily, often the exact opposite happens.
  • #773,349
  • Mar 18, 2013 10:31am Mar 18, 2013 10:31am
Quoting attila
we could be in this area for a while still.. 2888 is the mid of the whole thing.
My estimation on how much longer we could stay here or go lower is 2-3 days. Maybe 1 day if theres lots of volatility and then up.
  • #773,350
  • Mar 18, 2013 10:33am Mar 18, 2013 10:33am
Quoting SpacyTrader
My estimation on how much longer we could stay here or go lower is 2-3 days. Maybe 1 day if theres lots of volatility and then up.
Agree with this.
To live a successful life, we must lose our fear of being wrong
  • #773,351
  • Mar 18, 2013 10:34am Mar 18, 2013 10:34am
Quoting 4exNinja
In theory...yes. In practice...not necessarily, often the exact opposite happens.
Yes. When a factory in the west is no longer profitable because of the high labor cost, regulatory cost and taxes it gets dismantled and shipped to China where it's more productive. Where's the mystery in that ? Capitalism works- it generates wealth for society. The only reason it now seems not to be the case is cause society came to include China, India etc while until recently it only comprised the western world.
  • #773,352
  • Mar 18, 2013 10:37am Mar 18, 2013 10:37am
EUR outlook remains bearish for the next few months to come
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_Monthly.jpg Size: 156 KB
  • #773,353
  • Mar 18, 2013 10:37am Mar 18, 2013 10:37am
Quoting EatPIPs
Agree with this.
Fundamentally you wouldn't expect it to go up with all this Cyprus business, but since I'm not a fundamentalist... Often at the point of greatest eurozone crysis the euro begins a climb. Go figure.
  • #773,354
  • Mar 18, 2013 10:37am Mar 18, 2013 10:37am
Quoting 4exNinja
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
Q: How do you know when a politician is lying?
A: You can see his lips moving.
  • #773,355
  • Mar 18, 2013 10:38am Mar 18, 2013 10:38am
looking at h1 and it couldn't close below 2888.. hmm...
  • #773,356
  • Mar 18, 2013 10:39am Mar 18, 2013 10:39am
Quoting math_GB
Scary shite...!

http://www.youtube.com/watch?v=mXzxnCsCmlc
great post
  • #773,357
  • Mar 18, 2013 10:39am Mar 18, 2013 10:39am
OK folks, I am done for the day. Please don't touch my stop @123.40. Have a good one...
  • #773,358
  • Mar 18, 2013 10:39am Mar 18, 2013 10:39am
Quoting Kambooj
EUR outlook remains bearish for the next few months to come
I'm expecting a retracement up next, then down again- maybe a new low- and then substantially up for a new high or at least double top. That would be my assessment atm.
  • #773,359
  • Mar 18, 2013 10:39am Mar 18, 2013 10:39am
Quoting Vectamart
You'll have your work cut out. G/J is a cross pair so it's difficult to see how it can trade independently of the USD.
That's the problem is that they are all so intertwined. Allowing a bank run could drop the euro at an extreme rate but I too will wait till it's below 1.29 to position.
Taigen Profit This Month: na
  • #773,360
  • Mar 18, 2013 10:41am Mar 18, 2013 10:41am
Quoting Vectamart
Q: How do you know when a politician is lying?
A: You can see his lips moving.
Mr Benjamin Disraeli famously said " There are lies, damn lies and statistics".

I say there are liars, damn liars and politicians!
1,184 traders viewing now