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  • #801,021
  • May 23, 2013 3:46pm May 23, 2013 3:46pm
Bearish traders are now just reading and scared to post here, and when/if the price goes to 1.27x they will be quoting their own posts with a comment like "Told you so!" , like that story about the guy 34 years old that went to a doctor and said "Doc something's wrong with my heart!". The doctor made some examination and told him "You're fine!", but the guy kept coming back. His first and second doctor retired and died, and when he was 84 years old his third doctor listened his heart and said "Hmm I'm hearing some strange noise here." and the guy responded "See I told you something's wrong!"
Mind you, my first name is Bad. ..."Nunc Id Vides, Nunc Ne Vides"...
  • #801,022
  • May 23, 2013 3:47pm May 23, 2013 3:47pm
Draghi, just say it --- EUR is doomed!
  • #801,023
  • May 23, 2013 3:53pm May 23, 2013 3:53pm
Quoting fikaky
Draghi, just say it --- EUR is doomed!
did he say "confident", yet?
  • #801,024
  • May 23, 2013 3:53pm May 23, 2013 3:53pm
Quoting sypherBG
Bearish traders are now just reading and scared to post here, and when/if the price goes to 1.27x they will be quoting their own posts with a comment like "Told you so!" , like that story about the guy 34 years old that went to a doctor and said "Doc something's wrong with my heart!". The doctor made some examination and told him "You're fine!", but the guy kept coming back. His first and second doctor retired and died, and when he was 84 years old his third doctor listened his heart and said "Hmm I'm hearing some strange noise here."...
Wut? you didn't know? It's all a shell game.
  • #801,025
  • May 23, 2013 3:54pm May 23, 2013 3:54pm
apparently he was unaware we are in a down trend.
  • #801,026
  • May 23, 2013 3:56pm May 23, 2013 3:56pm
Quoting Pharm0r
apparently he was unaware we are in a down trend.

I doubt. He fathered it up at 3700.
  • #801,027
  • May 23, 2013 3:58pm May 23, 2013 3:58pm
for the first time in my life i am hating forex
  • #801,028
  • May 23, 2013 4:02pm May 23, 2013 4:02pm
Quoting Mahfooz
for the first time in my life i am hating forex

yes me too, its so boring
Investing is SIMPLE but NOT EASY
  • #801,029
  • May 23, 2013 4:03pm May 23, 2013 4:03pm
Quoting Pharm0r
{quote} He had to put in his short position for EUR before the speech so he's running late
lol! must be a big position... well, he has another 25 mins before he steps up to the podium. (or, maybe he wants to drop whatever - if anything - he has into low liquidity mkt)
  • #801,030
  • May 23, 2013 4:04pm May 23, 2013 4:04pm
Quoting tomspin
{quote} I was talking about certain time at the market (QE or not QE) and his words were taken by people as an excuse to sell.Gator please stop this, I know you trade PA and mastered fibo, that is fine, I am sure you do fine.I just gave him example what should be avoided.Maybe when Draghi said his famous words almost year ago all the big boys looked at fibo like you do maybe they just listened to him.Maybe what is happening to gold atm is a deflation and slowdown in demand for commodities, maybe it is long time awaited correction in the biggest...

bb has not removed much, if any yet. but gold has lost almost 50% of the move. 1900 H-300 (2001 level rounded to 300)= 1600 price jump.
1600 divided by 2 =800.. 1900-800= 1100... 1/2 is conservative. When gold went up, some found another cheaper material. they may not be back.

my question is, with bb not removing much. what happens when he does? we already dropped almost 50%.. we can still see 2001 levels.. it happened to silver before.
those who can, do. those who cant, talk about those who can
  • #801,031
  • May 23, 2013 4:04pm May 23, 2013 4:04pm
I think I'm turning bullish on the cripple.
  • #801,032
  • May 23, 2013 4:06pm May 23, 2013 4:06pm
Mini gap down heavy selling...
  • #801,033
  • May 23, 2013 4:09pm May 23, 2013 4:09pm
ill probably be bullish if we see 2915/2900
Be hopeful in a winning position, and fearful in a losing position.
  • #801,034
  • May 23, 2013 4:11pm May 23, 2013 4:11pm
Many bears got trapped:

http://www.forexfactory.com/showthre...15#post6696515
  • #801,035
  • May 23, 2013 4:11pm May 23, 2013 4:11pm
Quoting fxmasterboy
Mini gap down heavy selling...
I don't want to be harsh on you. You're new, but please don't make statements without support. I will ask you a simple question. What time is it? What you saw was just the silliness of the daily roll. I bet there's nobody in the market except us. This is amateur hour. Yeah, dragi can rock the boat nonetheless.
  • #801,036
  • May 23, 2013 4:17pm May 23, 2013 4:17pm
im so bored I'm actually washing dishes.

half the reason im here now anyway is because i spent the time to write those triggers.
  • #801,037
  • May 23, 2013 4:18pm May 23, 2013 4:18pm
I think dhragi will unload something very heavy otherwise he wouldn't have chose such a late hour when the markets are almost closed. There is not live streaming nothing, no clues. Everything with doors closed. Based on his previous statements I bet on bears and if it happens to be bears they might be very very big bears.
The thing is that UE wants to have a weaker currency in order to increase their exports. Everybody knows this and on long term I bet on ~1.2000 by the end of the year.
  • #801,038
  • May 23, 2013 4:19pm May 23, 2013 4:19pm
Quoting calinux
I think dhragi will unload something very heavy otherwise he wouldn't have chose such a late hour when the markets are almost closed. There is not live streaming nothing, no clues. Everything with doors closed. Based on his previous statements I bet on bears and if it happens to be bears they might be very very big bears.The thing is that UE wants to have a weaker currency in order to increase their exports. Everybody knows this and on long term I bet on ~1.2000 by the end of the year.
He does have a point, and on that point- I was going to say, whatever he says -whether up or down- will see a lot of momentum when London opens
  • #801,039
  • May 23, 2013 4:20pm May 23, 2013 4:20pm
Quoting gatorinla
{quote} bb has not removed much, if any yet. but gold has lost almost 50% of the move. 1900 H-300 (2001 level rounded to 300)= 1600 price jump.1600 divided by 2 =800.. 1900-800= 1100... 1/2 is conservative. When gold went up, some found another cheaper material. they may not be back. my question is, with bb not removing much. what happens when he does? we already dropped almost 50%.. we can still see 2001 levels.. it happened to silver before.
Thanks for the explanation - interesting way to look at the charts I understand this can be calculated and follow general equalibrium between supply and demand, but there is always something said at the time as well,
I believe that correction is due to the fact that we will not wake up next year in hiperinflationary scenario and there is no imminent threat of worldwide collapse Many investors decided to realise profits just to buy more at the better price, huge shorts in paper market were placed - it all add up.
Gold is mainly used as a back up for depreciation of fiat currencies(rising inflation) - this is not an issue atm for forseenable future at least.
Wait for Japan bonds market to blow up.
Silver is a different commodity it is used in production not as an asset to protect wealth, so price will be dictated by the falling mining numbers in the future.
swing it!
  • #801,040
  • May 23, 2013 4:22pm May 23, 2013 4:22pm
Quoting Kingscalp
Many bears got trapped: http://www.forexfactory.com/showthre...15#post6696515

couldn't the same be said about bulls, here at 2930 from 3241?
those who can, do. those who cant, talk about those who can
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