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  • #898,381
  • May 15, 2014 11:38pm May 15, 2014 11:38pm
http://theeconomiccollapseblog.com/archives/de-dollarization-russia-is-on-the-verge-of-dealing-a-massive-blow-to-the-petrodolla


rhttp://www.zerohedge.com/news/2014-0...er-whopping-40
  • #898,382
  • May 15, 2014 11:40pm May 15, 2014 11:40pm
We are witnessing a great potential correction.....If this is a EurUsd pivot...then we simply follow it through.
  • #898,383
  • May 15, 2014 11:40pm May 15, 2014 11:40pm
Will be interesting to see the results of the EU elections next week and the impact, if any on the Euro.

If euro-sceptic parties make big gains, it could put pressure on the ECB to become more pro-active.
  • #898,384
  • May 15, 2014 11:42pm May 15, 2014 11:42pm
Quoting State
We are witnessing a great potential correction.....If this is a EurUsd pivot...then we simply follow it through.
possible. atm its below 2013 close
those who can, do. those who cant, talk about those who can
  • #898,385
  • May 15, 2014 11:49pm May 15, 2014 11:49pm
my plan for trading today
i will wait EU up and then i will sell it
sarjanaforex dot com
  • #898,386
  • May 15, 2014 11:54pm May 15, 2014 11:54pm
Quoting gatorinla
{quote} possible. atm its below 2013 close
Tricky...just going with the flow...Next sell point will present itself...These guys are pretty good..tend to be early.


Quotes from BofA Merrill Lynch Global Research :
- It is time to sell EUR/USD. The combination of deteriorating European assets (topping European bank stocks and vulnerable peripheral debt) and poor price action (the impulsive break of 6m wedge support at 1.3685) gives EUR/USD bears the all clear to act.
- We wish to sell a bounce at 1.3735 and would look to add at 1.3825. Price should not trade above 1.3919 and can't trade above 1.3993. Targets are 1.3104 and then 1.2775/1.2685. We know that the stop is wide at this stage. As such, one should place a partial stop loss at 1.3920.
  • #898,387
  • May 15, 2014 11:59pm May 15, 2014 11:59pm
Quoting State
{quote} Targets are 1.3104 and then 1.2775/1.2685. We know that the stop is wide at this stage. As such, one should place a partial stop loss at 1.3920.
i have been robbed
those who can, do. those who cant, talk about those who can
  • #898,388
  • May 15, 2014 11:59pm May 15, 2014 11:59pm
Quoting State
{quote} Tricky...just going with the flow...Next sell point will present itself...These guys are pretty good..tend to be early. Quotes from BofA Merrill Lynch Global Research : - It is time to sell EUR/USD. The combination of deteriorating European assets (topping European bank stocks and vulnerable peripheral debt) and poor price action (the impulsive break of 6m wedge support at 1.3685) gives EUR/USD bears the all clear to act. - We wish to sell a bounce at 1.3735 and would look to add at 1.3825. Price should not trade above 1.3919 and can't trade...
Nice article. I am also waiting for a correction to go up then to follow it back down again
  • #898,389
  • May 16, 2014 12:03am May 16, 2014 12:03am
Quoting gatorinla
{quote} i have been robbed
Gator, could you kindly provide some more detail?
The Thief of Wall Street
  • #898,390
  • May 16, 2014 12:06am May 16, 2014 12:06am
Egg comes before the chicken....or not.
  • #898,391
  • May 16, 2014 12:08am May 16, 2014 12:08am
Quoting State
Egg comes before the chicken....or not.
No. First chicken then eggs.

How do I know this is very simple. Many years ago, as a management consultant, prepared financial feasibilty study for a poultry farm. Every poultry farm first buys the Parent Birds.
The Thief of Wall Street
  • #898,392
  • May 16, 2014 12:12am May 16, 2014 12:12am
Quoting gatorinla
{quote} i have been robbed
Gator activated plagiarism detection system.
If he copied you may be he loved your points
You cannot learn better without losing
  • #898,393
  • May 16, 2014 12:14am May 16, 2014 12:14am
Quoting Chicky
{quote} No. First chicken then eggs. How do I know this is very simple. Many years ago, as a management consultant, prepared financial feasibilty study for a poultry farm. Every poultry farm first buys the Parent Birds.
But you are Chicky....You might have been brainwashed as a young chikckadee.
  • #898,394
  • May 16, 2014 12:19am May 16, 2014 12:19am
Quoting State
{quote} But you are Chicky....You might have been brainwashed as a young chikckadee.
Even the animals are brainwashed as soon as they are born.

Lucky is the person who ACCEPTS brainwashing is for real.
The Thief of Wall Street
  • #898,395
  • May 16, 2014 12:22am May 16, 2014 12:22am
Hello EUR/US

For the average punter

who has sweet F A

he can only trade small bite size amounts etc

But the Billionaires an Oil barrens etc

Who have net worth of millions

Can't see the rich folk being to impressed about a 15 cent

decline in there asset base.
  • #898,396
  • May 16, 2014 12:26am May 16, 2014 12:26am
Quoting eliteincome
Hello EUR/US For the average punter who has sweet F A he can only trade small bite size amounts etc But the Billionaires an Oil barrens etc Who have net worth of millions Can't see the rich folk being to impressed about a 15 cent decline in there asset base.
Normally, a billinaire would have a net worth of Billions. A little different in the USA, where a person can be a billionaire with net worth of less than a billion. In the States, it depends on how much money a person has access to and not how much he/she actually owns. Welcome to America.
The Thief of Wall Street
  • #898,397
  • May 16, 2014 12:27am May 16, 2014 12:27am
Quoting Chicky
{quote} Even the animals are brainwashed as soon as they are born. Lucky is the person who ACCEPTS brainwashing is for real.
Wall street has done a pretty good number on brainwashing the animal mass.
  • #898,398
  • May 16, 2014 12:33am May 16, 2014 12:33am
Quoting pytaz
{quote} U know i am risking just 40 pips, but i know i gonna get almost 400 from it. Its RR: 1:10, isn't it worth it?

Now that's just plain stupid .....

Buy @ 1.3690 .... Lowest on EU yesterday was 1.3647 ....
that's more than 40 pips risk ....
you're talking getting to 1.4090 to get your 400 pips reward ..
That's just trash talk .... Unless you can prove you at least hold 200 pips profit
  • #898,399
  • May 16, 2014 12:37am May 16, 2014 12:37am
Quoting State
{quote} Wall street has done a pretty good number on brainwashing the animal mass.
I stay away from Wall Street, unless there is some Italian Job for me there.
The Thief of Wall Street
  • #898,400
  • May 16, 2014 12:42am May 16, 2014 12:42am
Good thing the CAT gave up policing this thread Don't know how many post he would have reported for cleanup till now
A good trader follows his rules, but great trader knows when to break them
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