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  • #823,401
  • Aug 8, 2013 9:15pm Aug 8, 2013 9:15pm
Quoting Pip Anon
{quote} I have read several pieces over the last 2-3 months that speculate France is nearly bankrupt.
I am not surprised. They must have cooked the books pretty well until now..
  • #823,402
  • Aug 8, 2013 9:16pm Aug 8, 2013 9:16pm
Quoting Ken A
{quote} And this could the reason they move the EURO out of EU to retain the value in other foreign currencies/assets and to benefit from the high E/U exchange rate? Just guessing.
In general bad things happen in September..
  • #823,403
  • Aug 8, 2013 9:21pm Aug 8, 2013 9:21pm
Quoting attila
{quote} In general bad things happen in September..
This E/U Monthly chart
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 91 KB
  • #823,404
  • Aug 8, 2013 9:23pm Aug 8, 2013 9:23pm
Quoting attila
{quote} In general bad things happen in September..
Don't say it out loud because than the opposite will happen.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #823,405
  • Aug 8, 2013 9:25pm Aug 8, 2013 9:25pm
Quoting KillerWhale
{quote} Don't say it out loud because than the opposite will happen.
I don't wish bad things to happen.. but September is a shit month, at so many levels..
  • #823,406
  • Aug 8, 2013 9:36pm Aug 8, 2013 9:36pm
Nothing bad is happened! Same sh...t up and down, when the data comes good and price is right E goes up when the data bad or but price is to high or to low politicians maintain it down. 1.34 is not a good price for E. watch next few weeks and data will start show red numbers again. I spent 2 weeks analyzing periods in trading before 2008 and after 2010 and this bs is coming so obviously often.if I am wrong about E going down in next few weeks just because my levels a little off. But this bubble will burst!
  • #823,407
  • Aug 8, 2013 9:42pm Aug 8, 2013 9:42pm
Quoting KiwiTrada
came here to show how he sees pa, anyone who traded anything he said, without their own analysis is stupid some would have learnt something some wouldn't, probably some who are attacking him, followed him, got burnt, and now need someone to blame as we all do, need someone or something to blame I watched his posts, and they take a lot of time and effort to research and put together, whether he is right or wrong doesn't really matter, I thank him for his time and effort Time to move on Im thinking
4 & 4 (Loud & Clear ) , no one else could have say it better than this

need someone or something to blame- after 3 years of trading journey , last week i have realised, the moment trader overcome blame game (blame , ben . dharhi , news , big boys , brokers , stop hunt , act of god ...) & accept responsibility for his action he become a trader , until that he is a gambler
Mohan
  • #823,408
  • Aug 8, 2013 9:42pm Aug 8, 2013 9:42pm
Euro will exist and dollar will as well. There is no such thing as economical doom or end of one currency or another. So many wealthy people depend on existing both so they can play they world control games and they kids will do the same. When one crysis is over they will make another one ! Good luck!
  • #823,409
  • Aug 8, 2013 9:45pm Aug 8, 2013 9:45pm
Quoting deni b
Euro will exist and dollar will as well. There is no such thing as economical doom or end of one currency or another. So many wealthy people depend on existing both so they can play they world control games and they kids will do the same. When one crysis is over they will make another one ! Good luck!
well said....welcome to the fx world
  • #823,410
  • Aug 8, 2013 9:45pm Aug 8, 2013 9:45pm
Quoting Ken A
{quote} This E/U Monthly chart {image}

yup - the retracements keep getting smaller....

when you really zoom our like10 years u really see what is going on.

Faller.
I don't trust any move - when you have profit...take it.
  • #823,411
  • Aug 8, 2013 9:47pm Aug 8, 2013 9:47pm
Quoting Faller
{quote} yup - the retracements keep getting smaller.... when you really zoom our like10 years u really see what is going on. Faller.
Faller what is ur take more up for EU or downside risk now?
  • #823,412
  • Aug 8, 2013 9:47pm Aug 8, 2013 9:47pm
Quoting deni b
Euro will exist and dollar will as well. There is no such thing as economical doom or end of one currency or another. So many wealthy people depend on existing both so they can play they world control games and they kids will do the same. When one crysis is over they will make another one ! Good luck!
Eh, a whole lot of euros are still a shite load of Drachmas.
When the facts change I change my mind, what do you do sir
  • #823,413
  • Aug 8, 2013 9:53pm Aug 8, 2013 9:53pm
Quoting tankokjian
{quote} well said....welcome to the fx world
Thank you sir. I have been here for a while!
  • #823,414
  • Aug 8, 2013 10:11pm Aug 8, 2013 10:11pm
Could be an interesting week ahead with possible break out of the usdchf, and a likely correlation with eurusd. Watching for todays close and mondays opening with interest.
Attached Image (click to enlarge)
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As the lights go by so too do the shadows move
  • #823,415
  • Aug 8, 2013 10:25pm Aug 8, 2013 10:25pm
any one has any experience with betonmarkets?

I think I chose wrong broker this time for options, I am lucky I was playing with penny, seriously people stay away of this junk.
been there done that, Good Bye
  • #823,416
  • Aug 8, 2013 10:29pm Aug 8, 2013 10:29pm
Quoting Ken A
{quote} This E/U Monthly chart {image}

Could it be forming a Descending Triangle...soon to break out?

http://i.investopedia.com/inv/articl...ngTriangle.gif
  • #823,417
  • Aug 8, 2013 10:32pm Aug 8, 2013 10:32pm
Quoting WhiteHorse
any one has any experience with betonmarkets? I think I chose wrong broker this time for options, I am lucky I was playing with penny, seriously people stay away of this junk.

what happen ? i have $100 with them did not had time to play
Mohan
  • #823,418
  • Aug 8, 2013 10:39pm Aug 8, 2013 10:39pm
Quoting iNSIELD
{quote} Faller what is ur take more up for EU or downside risk now?

I do my best not to predict these kinds of things.....I try to let the market show me the direction.


I will say that we are obviously at the top of a range when looking back February of this year.....so we either respect the range and drop or we disregard the range and move higher......these things are for the market to decide.

It is my job to analyze this information and apply it to my trading style.....so as of now.....I cannot say which way......but we are definitely at a cross roads.

Watch the charts....and look left.....it will tell you all you need to know.

Thanks for the question.

Faller.
I don't trust any move - when you have profit...take it.
  • #823,419
  • Aug 8, 2013 10:52pm Aug 8, 2013 10:52pm
Quoting iNSIELD
{quote} Faller what is ur take more up for EU or downside risk now?

One hint I will share is that you need to look at more then just the EU to understand if it is going to move up or down.......

there are gaps on other charts that need to be filled and we are pulling away from those gaps pretty hard - so in my experience the further we pull away from those gaps the quicker they are filled.....I would not want to be on the wrong side of the trade when the gap is filled.

Cheers.

Faller.
I don't trust any move - when you have profit...take it.
  • #823,420
  • Aug 8, 2013 10:59pm Aug 8, 2013 10:59pm
Even though it seemed to be on the upside, experience has taught me that the news can be very useless with the forex chat movements
The fragrance remains in the hands of those that gves the rose
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