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  • #864,241
  • Edited 12:41am Dec 18, 2013 12:25am | Edited 12:41am
FX RAT Reporting for Duty.

Well Asia have done nothing with Euro all night
so we will have German Ifo news during the
European session to move this then finally
later on during the US session FOMC.

Very short term charts you'd have to say it
looks well supported and will travel higher
which I don't want as I've scaled in shorts for
the last few days and they well go today by the
looks of it back to the drawing board. For it to
look like a short term short it needs to start
trading under 13750 quick and stay under
there to be short on the short term charts and
happy

But short term charts dollar index looks well
supported ready for a rise. So maybe Euro will
start to drift lower has dollar index creeps up
again.

If it travels higher this morning I will sit on my
hands until this is resolved up through 138 and
off to 140 or down to 135.
rat
  • #864,242
  • Dec 18, 2013 12:28am Dec 18, 2013 12:28am
Quoting Davit
speaking of vodka Reyka is my choice only because ...
... I thought that you could be more inclined towards ...
Attached Image
  • #864,243
  • Dec 18, 2013 12:29am Dec 18, 2013 12:29am
Let me say something which makes a lot of sense to:

Euro is strong because it is based on the Germany economy, Germany is kicking butts, they mean business, they also do not want the euro very low, because that will bring more competition into their manufacturing business which at the moment is kicking butts… On the other side, Us is doing better but they cannot compete…..
I long will it last? I am not sure, the other European country are in pain and it is getting worst, they start to realise that this is a business designed by the Germans which are very pragmatic and they knew what they were doing, the others were hoping in something a bit like a romantic ideology.

The English knew all this and that is why they kept aside….
Wherever you go, there you are.
  • #864,244
  • Dec 18, 2013 12:30am Dec 18, 2013 12:30am
Quoting Ken A
My PC is giving out alert "BS detected BS detected"
you should install smell detector in your bathroom, not in your computer.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #864,245
  • Dec 18, 2013 12:32am Dec 18, 2013 12:32am
Quoting DareXau
{quote} ... I thought that you could be more inclined towards ... {image}

WTF how did you know! Can't get that here in MA. Love Armenian brandy Winston Churchill's favorite but also like Mulberry vodka
In trading, you have to be defensive and aggressive at the same time
  • #864,246
  • Dec 18, 2013 12:35am Dec 18, 2013 12:35am
Quoting Davit
{quote} WTF how did you know! Can't get that here in MA. Love Armenian brandy Winston Churchill's favorite but also like Mulberry vodka
do you like Tennessee and Kentucky Whisky by any chance? I love it.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #864,247
  • Dec 18, 2013 12:39am Dec 18, 2013 12:39am
Quoting milam
Let me say something which makes a lot of sense to: Euro is strong because it is based on the Germany economy, Germany is kicking butts, they mean business, they also do not want the euro very low, because that will bring more competition into their manufacturing business which at the moment is kicking butts… On the other side, Us is doing better but they cannot compete….. I long will it last? I am not sure, the other European country are in pain and it is getting worst, they start to realise that this is a business designed by the Germans which...

I disagree German manufacturing is not necessarily kicking butt
Yes its marginally better but not level of kicking butt
Attached Image (click to enlarge)
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In trading, you have to be defensive and aggressive at the same time
  • #864,248
  • Dec 18, 2013 12:42am Dec 18, 2013 12:42am
Quoting ffleo
{quote} do you like Tennessee and Kentucky Whisky by any chance? I love it.

Yes
In trading, you have to be defensive and aggressive at the same time
  • #864,249
  • Dec 18, 2013 12:43am Dec 18, 2013 12:43am
Quoting ud1nh0
bad timing to said so strong..just like the other day...someone shouting with big letters, dont buy euro weakness like jap

LH and HL made me uneasy to buy
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #864,250
  • Dec 18, 2013 12:44am Dec 18, 2013 12:44am
Quoting Davit
{quote} I disagree German manufacturing is not necessarily kicking butt Yes its marginally better but not level of kicking butt {image}

Ok….. this is my reason why I am always long…. you do not have to agree…but thanks for your input...
Wherever you go, there you are.
  • #864,251
  • Dec 18, 2013 12:47am Dec 18, 2013 12:47am
just watch UJ tomorrow after the FOMC. if it breaks 104, it is all good for a bear year 2014 to come.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #864,252
  • Dec 18, 2013 12:49am Dec 18, 2013 12:49am
Quoting milam
Let me say something which makes a lot of sense to: Euro is strong because it is based on the Germany economy, Germany is kicking butts, they mean business, they also do not want the euro very low, because that will bring more competition into their manufacturing business which at the moment is kicking butts… On the other side, Us is doing better but they cannot compete….. I long will it last? I am not sure, the other European country are in pain and it is getting worst, they start to realise that this is a business designed by the Germans which...

I am not picking on you but what you wrote makes no sense.How is low Euro hurting manufacturing.Your argument of competition is void.Its about cost of producing a product and selling abroad for profit.High Euro means paying more to produce and dumping that on the market abroad where everyone is trying to lower their currency.
I think Germany's preference of high Euro could be related to bail outs and inflation.
In trading, you have to be defensive and aggressive at the same time
  • #864,253
  • Dec 18, 2013 12:50am Dec 18, 2013 12:50am
Quoting Davit
{quote} WTF how did you know! Can't get that here in MA. Love Armenian brandy Winston Churchill's favorite but also like Mulberry vodka
simply, some time ago I've looked at your profile ...
this gods' nectar isn't available in down-under either ... I did ask in top cellars around and they even never heard about it (that's astonishing how little they know)
  • #864,254
  • Dec 18, 2013 12:56am Dec 18, 2013 12:56am
Quoting milam
{quote} Ok….. this is my reason why I am always long…. you do not have to agree…but thanks for your input...

its not personal.I just try to look at facts.Euro could be 1.33 before years end.
In trading, you have to be defensive and aggressive at the same time
  • #864,255
  • Dec 18, 2013 12:58am Dec 18, 2013 12:58am
Quoting Davit
{quote} its not personal.I just try to look at facts.Euro could be 1.33 before years end.
that would be great but seems a little too fast. I plan to hold over the year end.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #864,256
  • Dec 18, 2013 1:00am Dec 18, 2013 1:00am
Quoting ffleo
{quote} that would be great but seems a little too fast. I plan to hold over the year end.

we could see a bomb explode tomorrow if finally Feds pull the trigger of tampering.
Between greed and fear, fear is stronger emotion.
In trading, you have to be defensive and aggressive at the same time
  • #864,257
  • Dec 18, 2013 1:00am Dec 18, 2013 1:00am
morning guyz
MMMYYYKKK
  • #864,258
  • Dec 18, 2013 1:00am Dec 18, 2013 1:00am
Hello EUR/US

My existing longs opened to 139.5 TP

Thinking might change to 140

Every time it creeps down,it crawls back again

Big deal down a cent.

it could easily go up

then they drop the hot potato.

I got pending short 140:nerd:
  • #864,259
  • Dec 18, 2013 1:05am Dec 18, 2013 1:05am
Quoting eliteincome
Hello EUR/US My existing longs opened to 139.5 TP Thinking might change to 140 Every time it creeps down,it crawls back again Big deal down a cent. it could easily go up then they drop the hot potato. I got pending short 140:nerd:

what's you SL if Feds tomorrow tamper!
In trading, you have to be defensive and aggressive at the same time
  • #864,260
  • Dec 18, 2013 1:08am Dec 18, 2013 1:08am
Quoting Davit
{quote} we could see a bomb explode tomorrow if finally Feds pull the trigger of tampering. Between greed and fear, fear is stronger emotion.

Maybe it will only be a firecracker?
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