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EURUSD

  • #773,461
  • Mar 18, 2013 11:19am Mar 18, 2013 11:19am
Quoting SnaveForex
gator
we cant re-write things to fit our view, if so, we are just entertainers like fox news, cnbc, or the daily report... come on, i hope people dont really believe this crap..
those who can, do. those who cant, talk about those who can
  • #773,462
  • Mar 18, 2013 11:23am Mar 18, 2013 11:23am
What do you think, guys, another gap on Wednesday if the Cypriot parliament rejects the Merkel`s proposal of a massive theft?
  • #773,463
  • Mar 18, 2013 11:26am Mar 18, 2013 11:26am
Quoting Firstboss
Added more EUR/USD long on this pullback to S2. The climb was stalled by the horizontal upper BB (1-hr chart), now waiting for it to bend upwards
what is your tp for EU?do u wish for a close above 1.2980?
  • #773,464
  • Mar 18, 2013 11:27am Mar 18, 2013 11:27am
Just starting....
Attached Image
  • #773,465
  • Mar 18, 2013 11:27am Mar 18, 2013 11:27am
There can't be a gap on Wednesday, because the market never closes
I think the gap will get closed before the parliament vote, and the PA will be slow and waiting for ANY result of the vote to use it for the strong downward movement.

This gap hanging above the current price prevents sufficient downward momentum at this time. Only once it is closed we could start talking about 1.28's
"Luxury is one of the basic needs", (c), Don Corleone
  • #773,466
  • Mar 18, 2013 11:28am Mar 18, 2013 11:28am
Quoting PIP.Scalper
what is your tp for EU?do u wish for a close above 1.2980?
I am closing in the 1.3020-30, and shorting at 1.3040-50 (on gap closure)
"Luxury is one of the basic needs", (c), Don Corleone
  • #773,467
  • Mar 18, 2013 11:30am Mar 18, 2013 11:30am
Quoting gatorinla
no he didn't your totally wrong.. and if you base the rest on it, its wrong.. your blowing smoke up my ass..
there was no regulation then and money was easy long before FDR helped put some regulations in place.
Yes. Easy money created the bubble which imploded in 29, enabled by the Fed. Sounds familiar.

And it looks to me its you who is totally wrong and blowing smoke up my ass: http://mises.org/rothbard/agd/chapter11.asp Please note all the horrible interventionisms, 50% increase in state spending, wage controls, anti- competition measures and increasing all sorts of taxes including income from 25 to 63%.
  • #773,468
  • Mar 18, 2013 11:31am Mar 18, 2013 11:31am
Quoting 4exNinja
If you believe Scandinavia has one of the "freest business environments in the world" you clearly haven't done any business there

Just fyi, Norway for example ranks at no40 in terms of economic freedom, 30 spots behind the US! So please, at least bother doing a bit of research before posting nonsense. Oh, and just fyi, in terms of taxes you are wrong as well.

Your whole left vs right nonsense is laughable to be honest...talk about the actual issues and facts rather than empty party slogans and left vs right paradigms.
Maybe you should take your own advice and check the list better. Only Norway is at 31. Please look for Finland Sweden or Denmark: http://www.heritage.org/index/ranking Norway its understandable- oil- they can afford to srcrew business.
  • #773,469
  • Mar 18, 2013 11:33am Mar 18, 2013 11:33am
this women predicted the crash with derivatives ect.. and it almost crashed during Clinton's term... she was made to look foolish by Greenspan, Paulson, Larry xxxxx .... but she was right... we almost had a 2008, years before. yes i do remember. and in 2004 when bush gave the sec the deregulation green light, the candle was lite. tada lets over leverage.. 4 years later, we crashed.
http://en.wikipedia.org/wiki/Brooksley_Born
those who can, do. those who cant, talk about those who can
  • #773,470
  • Mar 18, 2013 11:35am Mar 18, 2013 11:35am
Quoting gatorinla
this women predicted the crash with derivatives ect.. and it almost crashed during Clinton's term... she was made to look foolish by Greenspan, Paulson, Larry xxxxx .... but she was right... we almost had a 2008, years before. yes i do remember. and in 2004 when bush gave the sec the deregulation green light, the candle was lite. tada lets over leverage.. 4 years later, we crashed.
http://en.wikipedia.org/wiki/Brooksley_Born
Yeah. Apparently shipping all your productive industry elsewhere and living off moving money around is not a good long term strategy. Who knew ? Also in case you missed it I replied to your Hoover assertions on the previous page.
  • #773,471
  • Mar 18, 2013 11:37am Mar 18, 2013 11:37am
I decided to exit Euro long positions as market lacks momentum.
Most probably Euro will test rising trendline.
Profit is 33 and 34 pip.

Analyst



Quoting fx-analyst
Hi,

I think that euro correction down on hourly chart ended.
I went long around 1.2930 as 1 min downtrend line is broken.
My stop is just below today's low.
Take profit is around 1.3050 (gap level)

Happy trading ,
Analyst
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  • #773,472
  • Mar 18, 2013 11:38am Mar 18, 2013 11:38am
Quoting SpacyTrader
Maybe you should take your own advice and check the list better. Only Norway is at 31. Please look for Finland Sweden or Denmark: http://www.heritage.org/index/ranking Norway its understandable- oil- they can afford to srcrew business.
You do realise you just asked me to do research when the very link you just posted shows that in terms of economic freedom every single (!!!!!) Scandinavian country is WORSE than the US, right? Yet somehow they still do better than the US. Thanks for proving my point
  • #773,473
  • Mar 18, 2013 11:39am Mar 18, 2013 11:39am
Quoting SpacyTrader
Yes. Easy money created the bubble which imploded in 29, enabled by the Fed. Sounds familiar.

And it looks to me its you who is totally wrong and blowing smoke up my ass: http://mises.org/rothbard/agd/chapter11.asp Please note all the horrible interventionisms, 50% increase in state spending, wage controls, anti- competition measures and increasing all sorts of taxes including income from 25 to 63%.
Yes, those horrible, horrible european conditions ;-)
Such horrendous things paid by the taxes, like: quality education, free healthcare for all children up to the age of 21, regulated and negotiated health insurance prices for adults without pre-existing conditions, insurance denials (in the Netherlands, this insurance costs 110 euros a month), all kinds of social insurances and helping mechanisms.

Those crazy europeans do not live at work, they spend time with families and have time for their children, they take month-long vacations, and don't suffer from stress as much, while still being able to play in consumption society.
Most of those horrible taxes are used for the well-being of the society instead of bloody contracts to the military-industrial complex and farm subsidies for production of poisonous high fructose corn syrup
"Luxury is one of the basic needs", (c), Don Corleone
  • #773,474
  • Mar 18, 2013 11:40am Mar 18, 2013 11:40am
Quoting gatorinla
this women predicted the crash with derivatives ect.. and it almost crashed during Clinton's term... she was made to look foolish by Greenspan, Paulson, Larry xxxxx .... but she was right... we almost had a 2008, years before. yes i do remember. and in 2004 when bush gave the sec the deregulation green light, the candle was lite. tada lets over leverage.. 4 years later, we crashed.
http://en.wikipedia.org/wiki/Brooksley_Born
You can sum the entire thing up with 2 words: "deregulation" and (as a result) "overleverage"

Some of the LTVs I've seen leading up to the crisis were downright scary...
  • #773,475
  • Mar 18, 2013 11:41am Mar 18, 2013 11:41am
Quoting SpacyTrader
Yes. Easy money created the bubble which imploded in 29, enabled by the Fed. Sounds familiar.

And it looks to me its you who is totally wrong and blowing smoke up my ass: http://mises.org/rothbard/agd/chapter11.asp Please note all the horrible interventionisms, 50% increase in state spending, wage controls, anti- competition measures and increasing all sorts of taxes including income from 25 to 63%.
once again you need to timeline it... crash first... meaning there was already a depression first... then years after hoover tried to fix it...

you cant say trying to fix it, caused it.. the fix try was after the problem. years after..

and yes when FDR came to office the hoover crap was already in place.. but you cant give FDR that credit... he did his own thing when he got congress to make new laws.. More smoke man..
those who can, do. those who cant, talk about those who can
  • #773,476
  • Mar 18, 2013 11:43am Mar 18, 2013 11:43am
duplicate
  • #773,477
  • Mar 18, 2013 11:44am Mar 18, 2013 11:44am
Quoting tomspin
Its a weekly support as move started from weekly pivot it is natural high prob trade, lets see.
Good luck
nothing is certain dough, as I can see now
swing it!
  • #773,478
  • Mar 18, 2013 11:45am Mar 18, 2013 11:45am
Quoting SpacyTrader
Bottom line they're still at the top of the list and the people assembling that list are US based, therefore biased. Same way the US gets a lot more leeway with the ratings agencies than any other country in a similar fiscal situation would.
The ratings dealing with "business conditions" and "ease of doing business" are usually compiled based on polling the top managers in the respective countries - and those are based in the respective countries
"Luxury is one of the basic needs", (c), Don Corleone
  • #773,479
  • Mar 18, 2013 11:49am Mar 18, 2013 11:49am
Quoting 4exNinja
You do realise you just asked me to do research when the very link you just posted shows that in terms of economic freedom every single (!!!!!) Scandinavian country is WORSE than the US, right? Yet somehow they still do better than the US. Thanks for proving my point
Bottom line they're still at the top of the list and the only thing dragging them down is the tax system which can be circumvented as I said. See the ranking for business freedom, monetary freedom and investment freedom
  • #773,480
  • Mar 18, 2013 11:49am Mar 18, 2013 11:49am
Quoting 4exNinja
You do realise you just asked me to do research when the very link you just posted shows that in terms of economic freedom every single (!!!!!) Scandinavian country is WORSE than the US, right? Yet somehow they still do better than the US. Thanks for proving my point
that was dirty using ones on research to discredit.
those who can, do. those who cant, talk about those who can
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