EURUSD | Page 47276 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, USD/CHF

Similar Threads

MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
Exit Attachments

EURUSD

  • #945,501
  • Dec 20, 2014 2:14pm Dec 20, 2014 2:14pm
a nasty chilly damp day outside or i would be fishing.. bbl
those who can, do. those who cant, talk about those who can
  • #945,502
  • Dec 20, 2014 2:17pm Dec 20, 2014 2:17pm
  •  wng
  • | Joined Dec 2014 | Status: Merry Xmas and Happy New Year all! | 44 Posts
Quoting gatorinla
{quote} sell it and buy some gold with the money.. problem solved..
Dunno why i will do it, now value of this nexus isnt worth selling...my noob point was that its better to hold a gold than a iphone.
  • #945,503
  • Dec 20, 2014 2:20pm Dec 20, 2014 2:20pm
Quoting gatorinla
{quote} so it makes the rest concerning it void? i mean we are well below that point. and if that point was Resistance and we are at support.. a dip below support is a big deal correct? and can u agree the Swiss economy is a pimple on an elephants ass compared to the euro zone? its not rocket science on who wins that war if they want. cheaper German products will be a bitch added to the banking slipping..
Its exactly becouse of that point that floor had to be established. All actions of SNB had to be taken exactly becouse Swiss economy and CHF circulation is so much smaller than EUR. Considering that fact, it means that any capital outflows from EZ in terms of % are multiplied as effect taken when transfered into Swiss ecnomy becouse their banking sector and especially currency circulation is smaller. Just look 2010 to 2011, dont you agree that is one big ass drop, and strong revaluation of CHF in such short time?
Lets take comparision of Bitcoin to USD. USD is many many times bigger, yet Bitcoin managed to gain over USD in value 1:1000 in short peroid of time, simply becouse of its supply given at that time (lets say comparing to somehow stable supply of CHF even that including possible balance sheet expansion of SNB by +-20% in year or two) was so much smaller than USD one. Therefore once capital started to fly into Bitcoin its price started to go up significanly. CHF is by no means as small as BTC but its defenetly much closer to it than it is to USD or probably EUR aswell (lets take peak BTC market cap 10 bil).
CHF movement is not direct stab into EUR, but it is direct fraction into whole fiat system, not just EUR itself. Thats why SNB had to take all masures in past few years.
  • #945,504
  • Dec 20, 2014 2:33pm Dec 20, 2014 2:33pm
Oh my, just checking and what do I find?

A handful of more days, and it might be done.
  • #945,505
  • Dec 20, 2014 2:34pm Dec 20, 2014 2:34pm
Quoting janpec1000
{quote} Its exactly becouse of that point that floor had to be established. All actions of SNB had to be taken exactly becouse Swiss economy and CHF circulation is so much smaller than EUR. Considering that fact, it means that any capital outflows from EZ in terms of % are multiplied as effect taken when transfered into Swiss ecnomy becouse their banking sector and especially currency circulation is smaller. Just look 2010 to 2011, dont you agree that is one big ass drop, and strong revaluation of CHF in such short time? Lets take comparision...
Interesting. Especially when rethinking that USD is a real currency and Bitcoin is ... well ... Bitcoin. It only works as long as people think it has value.
Fix up, trade sharp ...
  • #945,506
  • Dec 20, 2014 2:38pm Dec 20, 2014 2:38pm
Gidday Traders

Living in NZ

It will be interesting to see how things play out

with the Fed talking about rates % etc

Which means little guys are going to get screwed over.

Last week the China bank opened up here.

My son 13 who has no interest in trading at all.

I show him the toilet brush,then show him the flash guys on CNBC

Which career path would you like to take.

His eyes glaze over,I want to watch South park

Son if you want a money tree then you need to start ASAP

Tomorrow we will open account with the China bank

as they are here do business.
  • #945,507
  • Dec 20, 2014 2:42pm Dec 20, 2014 2:42pm
Quoting eliteincome
Gidday Traders Living in NZ It will be interesting to see how things play out with the Fed talking about rates % etc Which means little guys are going to get screwed over. Last week the China bank opened up here. My son 13 who has no interest in trading at all. I show him the toilet brush,then show him the flash guys on CNBC Which career path would you like to take. His eyes glaze over,I want to watch South park Son if you want a money tree then you need to start ASAP Tomorrow we will open account with the China bank as they are here do business....
But maybe the kid wants to learn something decent ... the world's not black and white ...
Fix up, trade sharp ...
  • #945,508
  • Dec 20, 2014 2:43pm Dec 20, 2014 2:43pm
Quoting Hickson
{quote} Interesting. Especially when rethinking that USD is a real currency and Bitcoin is ... well ... Bitcoin. It only works as long as people think it has value.
Yep its all about trust and "standard".
  • #945,509
  • Dec 20, 2014 2:44pm Dec 20, 2014 2:44pm
Quoting wng
{quote} Dunno why i will do it, now value of this nexus isnt worth selling...my noob point was that its better to hold a gold than a iphone.
my point in emerging markets young people want a cellphone to communicate. regardless of branding of the smartphone. they want that lifestyle freedom, and the status it adds. real or not, and as long as it remains as technology improves. they want the best status inviting symbol. gold is taken a back seat to the new shinny stuff.. whatever technology will offer in the future, they want.. even the guys in caves, that hate most things out the west. have the latest shiny thing techs add. the new gold is techs. even the emerging markets are in line.
those who can, do. those who cant, talk about those who can
  • #945,510
  • Dec 20, 2014 2:44pm Dec 20, 2014 2:44pm
Still 85 traders viewing on a weekend ... also not bad.
Fix up, trade sharp ...
  • #945,511
  • Dec 20, 2014 2:44pm Dec 20, 2014 2:44pm
If you have two countries- one that only exports gold, and one that only exports energy (ng/oil) which is the richer country?
  • #945,512
  • Dec 20, 2014 2:44pm Dec 20, 2014 2:44pm
  •  wng
  • | Joined Dec 2014 | Status: Merry Xmas and Happy New Year all! | 44 Posts
Gator dude, have a nice WE...tomorrow is a great day for fishing.
  • #945,513
  • Dec 20, 2014 2:46pm Dec 20, 2014 2:46pm
Quoting gatorinla
{quote} my point in emerging markets young people want a cellphone to communicate. regardless of branding of the smartphone. they want that lifestyle freedom, and the status it adds. real or not, and as long as it remains as technology improves. they want the best status inviting symbol. gold is taken a back seat to the new shinny stuff.. whatever technology will offer in the future, they want.. even the guys in caves, that hate most things out the west. have the latest shiny thing techs add. the new gold is techs. even the emerging markets are...
It sounds logical, yet remember one thing: They always do these revival things and old fashion comes back at a point where you would less expect it.
Fix up, trade sharp ...
  • #945,514
  • Dec 20, 2014 2:50pm Dec 20, 2014 2:50pm
Quoting Hickson
{quote} It sounds logical, yet remember one thing: They always do these revival things and old fashion comes back at a point where you would less expect it.
when everyone hates it.. look for a reason to buy it
those who can, do. those who cant, talk about those who can
  • #945,515
  • Dec 20, 2014 2:52pm Dec 20, 2014 2:52pm
Quoting gatorinla
{quote} when everyone hates it.. look for a reason to buy it
Buy when there is blood in the streets ... be greedy when everyone is afraid ... be careful when everyone is greedy.
Fix up, trade sharp ...
  • #945,516
  • Dec 20, 2014 2:57pm Dec 20, 2014 2:57pm
Quoting gatorinla
{quote} my point in emerging markets young people want a cellphone to communicate. regardless of branding of the smartphone. they want that lifestyle freedom, and the status it adds. real or not, and as long as it remains as technology improves. they want the best status inviting symbol. gold is taken a back seat to the new shinny stuff.. whatever technology will offer in the future, they want.. even the guys in caves, that hate most things out the west. have the latest shiny thing techs add. the new gold is techs. even the emerging markets are...
Probably not that much to communicate but for other reasons, not sure why. But lets take this example: When new iphone comes out in west, asians are ready to overpay it for hundreds of bucks just to have it. Its done in quite large numbers, so one wonders why.
  • #945,517
  • Dec 20, 2014 3:07pm Dec 20, 2014 3:07pm
Quoting janpec1000
{quote} Probably not that much to communicate but for other reasons, not sure why. But lets take this example: When new iphone comes out in west, asians are ready to overpay it for hundreds of bucks just to have it. Its done in quite large numbers, so one wonders why.
Could state the same for Europe, they also overpay these shittly devices nobody really needs. It is a promise of status in a capitalistic world where a fisherman is frowned upon but the meat from the supermarket does not ask stupid questions lol
Fix up, trade sharp ...
  • #945,518
  • Dec 20, 2014 3:16pm Dec 20, 2014 3:16pm
http://www.forexfactory.com/attachme...5&d=1321941688
Quoting gatorinla
apple anyone? 490 in the future? possible bounce soon {image}
in line with gold highs/ apple lows... gold and apple. (smart-phones) just theory.. within 4 months, both with massive moves.
those who can, do. those who cant, talk about those who can
  • #945,519
  • Dec 20, 2014 3:31pm Dec 20, 2014 3:31pm
Quoting janpec1000
{quote} Probably not that much to communicate but for other reasons, not sure why. But lets take this example: When new iphone comes out in west, asians are ready to overpay it for hundreds of bucks just to have it. Its done in quite large numbers, so one wonders why.
does a drunk man care, if the girl he picked up at closing time weighs more then him? gezzz man he is not bringing her home to carry her. keep your eyes on the prize..
those who can, do. those who cant, talk about those who can
  • #945,520
  • Dec 20, 2014 3:41pm Dec 20, 2014 3:41pm
later
those who can, do. those who cant, talk about those who can
269 traders viewing now