- #783,725
- Apr 5, 2013 7:46pm Apr 5, 2013 7:46pm
- Joined Jun 2012 | Status: ケンジ | 21,416 Posts
looking at lumber etc looks like market is topping here... good for usd
- #783,727
- Apr 5, 2013 9:56pm Apr 5, 2013 9:56pm
- | Joined Mar 2013 | Status: EURJPY til' I DIE | 14 Posts
Speculative chart for those of you who may be interested..
To me, the yearly technicals still call for more consolidation and even a slight rally before another huge crash in the USDX.
My eye sees one more fall to 1.20 area which will leave us with plenty of room and enough consolidation (3 years) to make a run at 1.50/1.60 in 2014.
After this final run, the FED will stop inflating and we will go into a deflationary death spiral. This would coincide with the end of Obama's 2nd term and if it is finally the USDs turn to FINALLY have a serious deflation, then we will go 1.60 to Parity very very quickly. Possibly even 0.80.
Now, please tell me where I go wrong! Depression by deflation or inflation is the biggest question I have about the next major USD move. You would think that if a currency has been inflating for 100 straight years that it would have a deflationary episode eventually...... you would THINK!
When are the bankers going to rape everyone with the real 1930s depression? Or are we going to inflate to the point where we are using trillion dollar bank notes?? That is the real question here..
2008 was a joke in comparison and anyone with half a brain cell knows this. The currency supply hardly even contracted (and of course immediately made new highs after QE1) we just saw a stock market crash that was half the intensity of 1929 market crash, but no major currency contraction.
Thanks
To me, the yearly technicals still call for more consolidation and even a slight rally before another huge crash in the USDX.
My eye sees one more fall to 1.20 area which will leave us with plenty of room and enough consolidation (3 years) to make a run at 1.50/1.60 in 2014.
After this final run, the FED will stop inflating and we will go into a deflationary death spiral. This would coincide with the end of Obama's 2nd term and if it is finally the USDs turn to FINALLY have a serious deflation, then we will go 1.60 to Parity very very quickly. Possibly even 0.80.
Now, please tell me where I go wrong! Depression by deflation or inflation is the biggest question I have about the next major USD move. You would think that if a currency has been inflating for 100 straight years that it would have a deflationary episode eventually...... you would THINK!
When are the bankers going to rape everyone with the real 1930s depression? Or are we going to inflate to the point where we are using trillion dollar bank notes?? That is the real question here..
2008 was a joke in comparison and anyone with half a brain cell knows this. The currency supply hardly even contracted (and of course immediately made new highs after QE1) we just saw a stock market crash that was half the intensity of 1929 market crash, but no major currency contraction.
Thanks
"Trade Small, Trade Often."
- #783,728
- Apr 5, 2013 10:29pm Apr 5, 2013 10:29pm
- Joined Nov 2012 | Status: Account Deactivated | 2,737 Posts
Speculative chart for those of you who may be interested.. To me, the yearly technicals still call for more consolidation and even a slight rally before another huge crash in the USDX. My eye sees one more fall to 1.20 area which will leave us with plenty of room and enough consolidation (3 years) to make a run at 1.50/1.60 in 2014. After this final run, the FED will stop inflating and we will go into a deflationary death spiral. This would coincide with the end of Obama's 2nd term and if it is finally the USDs turn to FINALLY have a serious deflation,...
- #783,729
- Apr 5, 2013 10:51pm Apr 5, 2013 10:51pm
- | Joined Apr 2012 | Status: Trader | 1,621 Posts
You can't know what's going to happen that far out, especially on larger time frames where fundamental moves can shift everything suddenly. Unless you have a crystal ball, in which case please feel free to PM me I'm very much interested in purchasing....
edit: and by "heathen" I mean "infidel" of course
- #783,730
- Apr 5, 2013 10:55pm Apr 5, 2013 10:55pm
- Joined Nov 2012 | Status: Account Deactivated | 2,737 Posts
Look at the second chart, you heathen! All hail the death cross!
- #783,734
- Apr 5, 2013 11:14pm Apr 5, 2013 11:14pm
- Joined Nov 2012 | Status: Account Deactivated | 2,737 Posts
Worst thing is people claiming sheepishly that the film contained a scene in which PTJ correctly predicted the 1987 crash by using Elliott Waves / TA. Never happened. He was many months off. I like the scenes in the gym though. And the music. And how he shouts at his broker. And the suspenders. And how he trades currencies without a chart and f***s it up regardless.
In all fairness I'm sure the guy must have done something right as he's now a billionaire but I seriously doubt it's in his video.Here is a chart to 1970 to give a bit more perspective. It could definitely crash through 1.20 but I still see going to 1.20 again, not breaking, then going 1.50 and then back down to break 1.20 Just fun to speculate long term {image}
- #783,736
- Apr 5, 2013 11:19pm Apr 5, 2013 11:19pm
- Joined Jan 2008 | Status: HEY! WHA' HAPPENED? | 15,496 Posts
I tried a ton of different programs today because I'm ill and on meds (and I don't trade under the influence of stuff). Crossover never really worked well for me and installing EAs and extra indicators wasn't easy. Bootcamp is a pain, and Parallels a massive resource hog. Wine's ok, but a bit of a pain to set up. By far the best option is Macwrapper: LINK Simply launch this, chose your MT4 (or MT5) installation file and install it as if you were in Windows. Once it's all done you can rename the...
Mac users like myself are all giggly
Cheers!
JW
Not all sins are created equal
- #783,738
- Apr 5, 2013 11:40pm Apr 5, 2013 11:40pm
- Joined Jan 2008 | Status: HEY! WHA' HAPPENED? | 15,496 Posts
Liars are heros.
Reading that kind of stuff makes me sick.
Reading that kind of stuff makes me sick.
Not all sins are created equal
- #783,739
- Apr 5, 2013 11:48pm Apr 5, 2013 11:48pm
- | Joined Dec 2011 | Status: Rags to riches | 1,316 Posts
Because I want to get rich and do whatever I want. Duh.
If you could choose between world peace and being a billionaire? What color would your Ferrari be?
Money never sleeps...
- #783,740
- Apr 5, 2013 11:58pm Apr 5, 2013 11:58pm
- | Joined Feb 2013 | Status: Crazy Scalper | 1,576 Posts
Everything in the world has its own rhytms