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  • #790,281
  • Apr 20, 2013 1:14pm Apr 20, 2013 1:14pm
Quoting piptastic7
This is the 2nd time he has been elected for another 7 year term. I suppose the same hes been in the previous 7 years then. He was in the Italian Communist Party and then Democratic Left. Both left and right parties wanted him again, after failing to vote for one the past few days.
Thanks mate, have checked the news, this is less likely to have any impact on any economic matters...
  • #790,282
  • Apr 20, 2013 2:04pm Apr 20, 2013 2:04pm
Quoting math_GB
You will soon have a PM from me... EDIT: Your PM function is disabled on your profile. You can PM me if you wish I can tell you the story behind it...
Thanks. I was unaware of the pm function being disabled. I switched it off and on again. Maybe it will work now.
Gone to a better place
  • #790,283
  • Apr 20, 2013 2:55pm Apr 20, 2013 2:55pm
Quoting smikester
Thanks. I was unaware of the pm function being disabled. I switched it off and on again. Maybe it will work now.
I guess it is working mate, please check your PM.
  • #790,284
  • Apr 20, 2013 3:11pm Apr 20, 2013 3:11pm
Quoting math_GB
I guess it is working mate, please check your PM.
Thanks math
Gone to a better place
  • #790,285
  • Apr 20, 2013 4:20pm Apr 20, 2013 4:20pm
Quoting math_GB
I guess it is working mate, please check your PM.
Hey Math_GB! i miss your chat with Ken, Max and others during weekends. Please come back again, here there is no taste without you. Are you in another thread now ? My user is new but i a here since 2009.
  • #790,286
  • Apr 20, 2013 9:10pm Apr 20, 2013 9:10pm
Quoting math_GB
Can you provide some information regarding him. Is he a pro EUR man...? How can this be perceived by foreign investors..?
It's easy, to be president of Italy, first you have to be a con artist, then you have to be an active women chaser,
Then there is nothing for a while except looking good in the public's eyes, and then comes acting as a president.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #790,287
  • Apr 20, 2013 10:34pm Apr 20, 2013 10:34pm
Quoting EuroTraderJD
Euro Outlook Muddled by Italian Politics, Weak PMI Data http://www.dailyfx.com/forex/fundame...medium=twitter
I foolishly used to believe major financial news events did not affect market movements. I am now looking and attempting to analyze events very closely. This article states Jens Weidmann single-handedly brought this market down with just a hint of a rate cut. The author writes the normally medium-weighted factors for market movement were instrumental in last week's medium moves. It is true that German workers are among some of the highest paid in the world; with the most paid vacation days of any other... but this is not necessarily "news." This has been true for 20 years or more. It is an excellent article, and I thank you very much for it. I am intrigued with the under-projected profit margin reports of European businesses, the general consumer confidence of euro economy, and the export and manufacturing data. He has an excellent comment on the strong 1.3000 line and last week only made it stronger.

For medium moves, I will be looking closely at medium factors; this is defiantly a full-time job, thanks to you all here, you make it much easier; and fun! Let the week begin and my thanks to the admins for allowing me to post so quickly.
  • #790,288
  • Apr 21, 2013 3:12am Apr 21, 2013 3:12am
Quoting fx83
Hey Math_GB! i miss your chat with Ken, Max and others during weekends. Please come back again, here there is no taste without you. Are you in another thread now ? My user is new but i a here since 2009.
Thanks mate, we post on the following thread at the moment. There was too much noise lately on the EUR thread.

http://www.forexfactory.com/showthre...20829&page=166

Join in anytime...
  • #790,289
  • Apr 21, 2013 4:54am Apr 21, 2013 4:54am
I think that Sichuan is quite big impact news. Mining of Oil and Gas is halted in whole Sichuan province. Combined with that slump in chinese demand, it can pretty easily result in another sell of in commodities and spillover to E/U, resulting in bear. That beeing said, I see ,297 as close as on Monday and am looking forward for reaction of this area. If broken, I expect ,291 to cap bearish movement in daily timeframe.

Quote Bloomberg:
"The State Administration of Work Safety ordered mining in the region halted and the inspection of oil and gas pipelines to avoid leaks and explosions, according to Xinhua. Sinopec Group, Asia’s largest refiner, said no damage has been reported at its production facilities in the area, Xinhua said. "

http://www.bloomberg.com/news/2013-0...oll-jumps.html

T
"I know one thing, that I know nothing." Sokrates
  • #790,290
  • Apr 21, 2013 5:48am Apr 21, 2013 5:48am
1.3022 is the level to watch for next week... S1 pivot and 38.2% fib retracement, if broken we could see a bearish trend otherwise if it holds then bullish
  • #790,291
  • Apr 21, 2013 6:06am Apr 21, 2013 6:06am
Watch my superduper plan . I´ve already shown you this stupid H4, didnt I? Disclaimer: I cant scalp for sh1t and just waiting for this correction to finish. Currently holding sell from ,3125. TP ,297 - buy ,297, TP ,303 - sell ,303, megabuy ,291 - then booom up, waiting for three weeks and TP 1,3344.

Good plan? Seriously, it can change anytime, we dont need to move in bullish flag, it can be trianguloid, or whatever. If we rush down straight to ,291, I am going to go forward with my plan, and just do the megabuy part.

T
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"I know one thing, that I know nothing." Sokrates
  • #790,292
  • Apr 21, 2013 6:24am Apr 21, 2013 6:24am
Hi Kiwi, I can see you are online.

Check this . Btw, its not actually that I would be that stupid and just followed you blindly, I am long term heavily bearish for GBP, because of BOE actions, but still, never traded this pair and find this situation quite funny.

You got few beers here .

Quoting Tom_D_Trader
Btw, and I know it is both incredibly stupid and kinda funny, but I went pocket change short Gbp/Usd, because Kiwi told me . I´ve made enough cash for a bag of weed, so Kiwi, if you come around Prague, you got half stored here.
Attached Image (click to enlarge)
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"I know one thing, that I know nothing." Sokrates
  • #790,293
  • Apr 21, 2013 7:58am Apr 21, 2013 7:58am
Potential head and shoulders forming 4h TF, stay tuned
  • #790,294
  • Apr 21, 2013 12:23pm Apr 21, 2013 12:23pm
Quoting JediTradeWar
I foolishly used to believe major financial news events did not affect market movements. I am now looking and attempting to analyze events very closely. This article states Jens Weidmann single-handedly brought this market down with just a hint of a rate cut. The author writes the normally medium-weighted factors for market movement were instrumental in last week's medium moves. It is true that German workers are among some of the highest paid in the world; with the most paid vacation days of any other... but this is not necessarily "news." This...
Yes this was an interesting article.

Being successful in FX or anything for that matter requires balance.

The right "mix" of FA/TA/MM

I have been at both ends of the FA/TA/MM spectrum. In my early days I was solely FA. Well that cost me a bundle. Then it was solely TA. Well as the saying goes indos work until they dont. The contributing factor to them not working as a significant FA event.

Finally I learned to listen to the FA and realize it it paints the bigger charts and TA fills them in. Like a mother and father to have good children one should have both and good ones at that.

MM is the only constant and pays to be conservative.
Trade smaller than rational because the market is irrational...
  • #790,295
  • Apr 21, 2013 12:25pm Apr 21, 2013 12:25pm
With Italy in the spotlight this short article may be of interest while we are waiting for the Casino/Battlefield to open.

Shakeup in Italian Politics – Two Options for Italy and the Euro

http://www.forexcrunch.com/shakeup-i...-and-the-euro/
Trade smaller than rational because the market is irrational...
  • #790,296
  • Apr 21, 2013 12:49pm Apr 21, 2013 12:49pm
Another week is about to start. We have only few events that are going to take place this week, but the one that Im curious about is the impact of what happened in Italy. Im eager to see how the market will react to that news and whether or not we will see a major riot in Italian streets
  • #790,297
  • Apr 21, 2013 12:54pm Apr 21, 2013 12:54pm
www.youtube.com/watch?v=BCffJMfGCNw
I miss sugarpink liquor, liquor lips
"You're solid gold, see you in hell"
  • #790,298
  • Apr 21, 2013 1:46pm Apr 21, 2013 1:46pm
Quoting bourbon
Reloading shorts on euro this week? http://goforex.sk/re-loading-shorts-euro-week
Yea brother. Higher than we are now though if/when we get there. Already short @1.2990
Trade smaller than rational because the market is irrational...
  • #790,299
  • Apr 21, 2013 1:48pm Apr 21, 2013 1:48pm
Quoting Tom_D_Trader
Watch my superduper plan . I´ve already shown you this stupid H4, didnt I? Disclaimer: I cant scalp for sh1t and just waiting for this correction to finish. Currently holding sell from ,3125. TP ,297 - buy ,297, TP ,303 - sell ,303, megabuy ,291 - then booom up, waiting for three weeks and TP 1,3344. Good plan? Seriously, it can change anytime, we dont need to move in bullish flag, it can be trianguloid, or whatever. If we rush down straight to ,291, I am going to go forward with my plan, and just do the megabuy part. T {image}
ok in lower tf , correction up to down next & in correction, correct down to up also . so downside 2880,2825 or 2763 still factors in the next up or correction > very tough job for bull / correction only ahead . yes can be at more level up as new support may come forwards possible to more correct upside towards 3201 to 3300 most probable , even 3800 with top mofu not thought of yet .
lets see
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #790,300
  • Apr 21, 2013 1:50pm Apr 21, 2013 1:50pm
Quoting EuroTraderJD
Yea brother. Higher than we are now though if/when we get there. Already short @1.2990

Did bubba from germany say anything of importance?
"It is not enough to have a good mind; the main thing is to use it well"
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