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  • #785,381
  • Apr 9, 2013 1:47pm Apr 9, 2013 1:47pm
Quoting Tom_D_Trader
... So I really hope we wont get EUR here.
I agree with ya. We only got inflation here with the EUR. Hardcore stuff. Beer went up 2x, almost everything x2. But foookers always wanna be in the club so agreed that it is inevitable.
  • #785,382
  • Apr 9, 2013 1:49pm Apr 9, 2013 1:49pm
Quoting Fx3423454
No my friend 100 pips of EUR/USD is the same as 1,000 pips in USD/DKK.
the usd is 5.70 times more worth than dkk

if you get 100 pips in the euro/usd you need to get 5,70 times more to get the same amount of profit when trading the USD/DKK = 570 pips..
Patience is a virtue...
  • #785,383
  • Apr 9, 2013 1:51pm Apr 9, 2013 1:51pm
Btw, main part of our countrys GDP is export of heavy manufacturing. Cars, Trams, Trucks and stuff. Guess, what´s gonna happen if we accept EUR. Whole economy is fcked, and voilá, Germans take over our customers. Whole EMU project is designed for Germans to take over customers of the rest of the Europe. Worst thing that could happen to us. Guess why PIIGS are so screwed. Cause their exports were artificially too expensive, thanks to Euro. Really, fck that.
"I know one thing, that I know nothing." Sokrates
  • #785,384
  • Apr 9, 2013 1:54pm Apr 9, 2013 1:54pm
Quoting meromar
Forex money at a broker is not money to rely on but instrument to make money by the minority and to lose money by the majority/95%/
specifically, i was concerned about issues that have come recently related to fractional reserve risks and things like re-hypothecation... i really don't understand how these things might apply to an fx broker vs. say a futures broker like MF Global.

and, taking situations like cyprus into account, i was wondering if it was actually possible that it would be safer to put money with your broker (depending on the country)... you can't get interest that's worth notice anymore anyhow.

(also, saw zerohedge article yesterday that makes you think: http://www.zerohedge.com/contributed...r-savings-risk)

the bank doesn't have everyone's money at a given time.... is that different with brokers? how much are they supposed to keep in segregated funds accounts? is it 100% ?
  • #785,385
  • Apr 9, 2013 1:57pm Apr 9, 2013 1:57pm
Quoting 21vs7
naaaah dont need this shjiit!!
You're right dude, 100 pips of EUR/USD is about 450 pips of USD/DKK.

But, in the end USD/DKK is still more profitable because margin requirements are lower.
Anyway, you are right if you are used to trading EUR/USD it's not that much different.

I just like it because it is more profitable and the more lots you are trading the difference will get bigger and bigger.
Trade at your own risk.
  • #785,386
  • Apr 9, 2013 2:04pm Apr 9, 2013 2:04pm
Yes, ziieee Germans. They still get mouney on money market for a negative 3M play..bund around 1,6ish%..hahaha.

But they contributed millions to the union. When you start to think about EU and all birocratic nonsense there its all negative. All negative. But cant do anything so need to take care people around me.

The whole world is in debt with eachother. The printing press does not stop working. At least this is relatively good

foook it
  • #785,387
  • Apr 9, 2013 2:06pm Apr 9, 2013 2:06pm
Quoting hadox
the usd is 5.70 times more worth than dkk if you get 100 pips in the euro/usd you need to get 5,70 times more to get the same amount of profit when trading the USD/DKK = 570 pips..
I think it's 100 EUR/USD = 450 USD/DKK.

It is still more profitable to trade USD/DKK because you can leverage more.

The more lots you are trading the bigger the difference becomes.
Trade at your own risk.
  • #785,388
  • Apr 9, 2013 2:11pm Apr 9, 2013 2:11pm
Are the russians still saying FOOK cyprus...
  • #785,389
  • Apr 9, 2013 2:12pm Apr 9, 2013 2:12pm
Quoting 21vs7
When you start to think about EU and all birocratic nonsense there its all negative. All negative.
Not all. The original idea of union still gives us a lot. Free flow of goods, workforce and capital. Unfortunately, as we can see lately neither capital, neither goods and neither workforce aint flowing as free as they´r supposed to. It is becoming more and more socialistic system. Just to give an example, we have exported sugar to whole world. But we got quotes of how many sugar we can produce, so our miniature nation doesnt threat stability of sugar prices! And now we need to import sugar. Really, free flow of goods. Cyprus? Haha free flow of capital? Workforce? Dont make me laugh.

So, the original idea was good, but Eurocrats are trying to take away every advantage European union brought us and form another Socialistic welfare state. Makes me cry.

T
"I know one thing, that I know nothing." Sokrates
  • #785,390
  • Apr 9, 2013 2:14pm Apr 9, 2013 2:14pm
Quoting Ken A
I am fine thanks. Yes, did stupid mistake for my E/J from 100.xx was stopped out by trailling stop at around 124.xx otherwise it would be +3,000 or +4,000 if 140.00 even possible to beat my own record. But I have rebuilt from last lows 119.2x and adding few on the way. Don't intent to add too many because too difficult to manage as last time over +70 positions for E/J alone. If your average was 122.00 then you have nothing to worry, just need time and 130.00 is not a pipe dream so as 100 for U/J. Patience patience and relax let PA takes us there....
This move went so fast jumping back to 126 , i actually just add today morning at 128.8 with SL 128.2 ( Now on BE ) i didn't had the chance to add as i was afraid it will turn on a European news - Cyprus and Italy aren't settled yet ...
"It's the Margin, Stupid."
  • #785,391
  • Apr 9, 2013 2:16pm Apr 9, 2013 2:16pm
Who cares about the sugar? You've got some of the hottest women in Europe.. I would sugar coat those all day long.

Quoting Tom_D_Trader
Not all. The original idea of union still gives us a lot. Free flow of goods, workforce and capital. Unfortunately, as we can see lately neither capital, neither goods and neither workforce aint flowing as free as they´r supposed to. It is becoming more and more socialistic system. Just to give an example, we have exported sugar to whole world. But we got quotes of how many sugar we can produce, so our miniature nation doesnt threat stability of sugar prices! And now we need to import sugar. Really, free flow of goods. Cyprus? Haha free flow...
  • #785,392
  • Apr 9, 2013 2:17pm Apr 9, 2013 2:17pm
well, we got a touch of 1.31 with no real reaction, is it going to take the 38 fib to turn this thing around.
Money never sleeps...
  • #785,393
  • Apr 9, 2013 2:19pm Apr 9, 2013 2:19pm
Quoting Tom_D_Trader
Not all. The original idea of union still gives us a lot. Free flow of goods, workforce and capital. Unfortunately, as we can see lately neither capital, neither goods and neither workforce aint flowing as free as they´r supposed to. It is becoming more and more socialistic system. Just to give an example, we have exported sugar to whole world. But we got quotes of how many sugar we can produce, so our miniature nation doesnt threat stability of sugar prices! And now we need to import sugar. Really, free flow of goods. Cyprus? Haha free flow...

True! Have one friend in Brussels translating their shjit. He saying 95% of stuuf is bullshit! And that they are spending the mouney like crazy. If Slovene government is throwing the mouney out the dooor, EU is pushing it out with bulldozer! And with their own tax system. Was great idea which was abused.
  • #785,394
  • Apr 9, 2013 2:23pm Apr 9, 2013 2:23pm
this pa is putting me to sleep so I'll comply.
  • #785,395
  • Apr 9, 2013 2:23pm Apr 9, 2013 2:23pm
Quoting attila
Who cares about the sugar? You've got some of the hottest women in Europe.. I would sugar coat those all day long.
Hehe, thanks, I think so as well. I think it is thanks to heavy genetic mix here.

Would love to see some girls as well, but ehhh, those charts wont wait . I cant move, untill I make for rent and food. Btw, I have already banked rent for April, now just the food .
"I know one thing, that I know nothing." Sokrates
  • #785,396
  • Apr 9, 2013 2:28pm Apr 9, 2013 2:28pm
And joke of the day goes to:

Quoting attila
Now let's keep it within 10 pips here at the top and drive everybody nuts. Yes? Yes.
"I know one thing, that I know nothing." Sokrates
  • #785,397
  • Apr 9, 2013 2:34pm Apr 9, 2013 2:34pm
Quoting gatorinla
mofus dont care whether your short or long. the level above 2974 is 3073 (the current high). a break of the current low could bring 2932.. 2909 is a s/r, but we already closed the month and quarter below. the current pa is what a bear would do on bigger charts. its not clear cut bulls..
It's such a pity that these posts get drowned these days.
  • #785,398
  • Apr 9, 2013 2:38pm Apr 9, 2013 2:38pm
Quoting Mr Hatch
It's such a pity that these posts get drowned these days.
Not these days. This thread always was superspeed trash. And I´ve read it and believe people used to this thread did as well. I must admit it is terrible here though.
"I know one thing, that I know nothing." Sokrates
  • #785,399
  • Apr 9, 2013 2:52pm Apr 9, 2013 2:52pm
Quoting Mr Hatch
It's such a pity that these posts get drowned these days.
there's a silver lining in that: forex is a zero sum game (no matter how many pretend otherwise) and i don't ever want to see it turn into LOTTO, cause if it ever does, i'm outta here ...i mean outta forex
  • #785,400
  • Apr 9, 2013 2:56pm Apr 9, 2013 2:56pm
Quoting Vachus
This move went so fast jumping back to 126 , i actually just add today morning at 128.8 with SL 128.2 ( Now on BE ) i didn't had the chance to add as i was afraid it will turn on a European news - Cyprus and Italy aren't settled yet ...
Do you have other pairs floating other than E/J? I have many others so I don't got fixated on E/J and for intraday I make few pips here and there so I don't entirely rely to longer term positions so long as some profits and free margins are protected.
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