Pretty messy picture today...no trades for me
- #923,442
- Sep 12, 2014 8:50am Sep 12, 2014 8:50am
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
{quote} if this 1hr candle engulfs the previous 15 1hr candle. the bears win
Getting in late, but better late than never. Don't know why I got the eeby jeebies at 38. But in at 20
A pip is only worth it if you know how much you risked to earn it
- #923,443
- Sep 12, 2014 8:51am Sep 12, 2014 8:51am
- Joined Aug 2009 | Status: Trader | 12,448 Posts
usd data in couple minutes, last 4 months were negative whats the chance of 5 in a row 
If you are new to Forex? Say Goodbye to your account!!
- #923,444
- Edited 9:43am Sep 12, 2014 8:54am | Edited 9:43am
- | Commercial User | Joined Feb 2010 | 13,260 Posts
"The European Central Bank's program to buy asset-backed securities would be more effective if it were expanded to riskier, or mezzanine, tranches of ABS, ECB President Mario Draghi said Friday, adding that such an expansion would require guarantees from national governments."
well well what does that tell you....
1) he does not think measures in place are good enough to get EZ out of the crapper
2) He is willing to take a desperate measure and revert back to the very thing that caused the fin crisis in the first place - bundling up and selling/buying risky assets
I wonder if this time they will tell the buyers what is in the package
edit: this could go full circle, if sovereigns have to g/tee them, then they along with the banks will be under increased pressure on the balance sheets and capital ratios, which means policy will tighten, lending slump even more, ergo deeper crisis.... a dumb idea imo
well well what does that tell you....
1) he does not think measures in place are good enough to get EZ out of the crapper
2) He is willing to take a desperate measure and revert back to the very thing that caused the fin crisis in the first place - bundling up and selling/buying risky assets
I wonder if this time they will tell the buyers what is in the package
edit: this could go full circle, if sovereigns have to g/tee them, then they along with the banks will be under increased pressure on the balance sheets and capital ratios, which means policy will tighten, lending slump even more, ergo deeper crisis.... a dumb idea imo
- #923,445
- Sep 12, 2014 8:57am Sep 12, 2014 8:57am
- | Membership Revoked | Joined Jun 2007 | 3,782 Posts
{quote}
cos its a tricky day 
- #923,447
- Sep 12, 2014 9:01am Sep 12, 2014 9:01am
- | Membership Revoked | Joined Jun 2007 | 3,782 Posts
{quote}
we closed back in the triangle. closed my shorts
- #923,448
- Sep 12, 2014 9:01am Sep 12, 2014 9:01am
- | Membership Revoked | Joined Jun 2007 | 3,782 Posts
- #923,450
- Sep 12, 2014 9:02am Sep 12, 2014 9:02am
- | Joined Feb 2012 | Status: Giving earnings to the wife | 1,193 Posts
I don't even have a cool signature
- #923,451
- Sep 12, 2014 9:03am Sep 12, 2014 9:03am
- | Membership Revoked | Joined Jun 2007 | 3,782 Posts
- #923,452
- Sep 12, 2014 9:04am Sep 12, 2014 9:04am
- Joined Apr 2013 | Status: I'm learnding! | 8,973 Posts
- #923,455
- Sep 12, 2014 9:07am Sep 12, 2014 9:07am
- Joined Apr 2013 | Status: I'm learnding! | 8,973 Posts
- #923,456
- Sep 12, 2014 9:08am Sep 12, 2014 9:08am
- | Membership Revoked | Joined Jun 2007 | 3,782 Posts
- #923,457
- Sep 12, 2014 9:10am Sep 12, 2014 9:10am
- | Membership Revoked | Joined Jun 2007 | 3,782 Posts
It is over for bears, time to cover, next week is USD weakness week.
- #923,459
- Sep 12, 2014 9:12am Sep 12, 2014 9:12am
- | Commercial User | Joined Feb 2010 | 13,260 Posts
"The European Central Bank's program to buy asset-backed securities would be more effective if it were expanded to riskier, or mezzanine, tranches of ABS, ECB President Mario Draghi said Friday, adding that such an expansion would require guarantees from national governments." well well what does that tell you.... 1) he does not think measures in place are good enough to get EZ out of the crapper 2) He is willing to take a desperate measure and revert back to the very thing that caused the fin crisis in the first place - bundling up and selling/buying...
- #923,460
- Sep 12, 2014 9:13am Sep 12, 2014 9:13am
- | Membership Revoked | Joined Jun 2007 | 3,782 Posts