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EURUSD

  • #1,050,441
  • Jan 15, 2016 4:12am Jan 15, 2016 4:12am
Quoting Freelve
{quote} Well done Ken. Whats your view on GU? Is it going to turn anytime soon or more downside?
In

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  • #1,050,442
  • Jan 15, 2016 4:12am Jan 15, 2016 4:12am
Quoting gatorinla
{quote} dono... its unlikely producers will be willing to risk money on new wells at 14 unless they can do it for less (+ a reasonable profit).. i dont think oil can reach 0.. i hear iran can break even at 3$
Check out the date of this article: http://www.telegraph.co.uk/news/ukne...-oil-ends.html
Could be the Saudis are doing all this pumping now because they believe this guy who thinks that in 30 years there won't be any buyers at all
  • #1,050,443
  • Jan 15, 2016 4:14am Jan 15, 2016 4:14am
Quoting MaxDoom
{quote} a day to be careful I think, especially until NY as there is little to move it, low volume and it's Friday, and the markets are nervous sitting on the edge of risk off....
Indeed. Asia and euro markets slow to unload. US will likely be at a slower rate.
  • #1,050,444
  • Jan 15, 2016 4:14am Jan 15, 2016 4:14am
Quoting Connors
Also ask Kurds what Saddam did with the sarin gas. I saw a footage while soldiers were spreading sarin gas over a village where Kurds were living. I still cant take the scene out of my mind. Anyway, not a nice topic maybe we should stop it.
The Kurds rose against the regime that's why Saddam did that to them, and yet the world watched and did nothing, America didn't say a thing because he was buying weapons from them at the time, business was booming since he was buying weapons to fight the Iranians, but when the war ended & he wasn't buying weapons anymore it was time to get rid of him so they turned against him & probably told Kuwait to oversupply the market with Oil just like they are doing it now with Saudi Arabia so Saddam being in massive debt & fear of the people rising against him entered Kuwait & the rest is history.
Now we have Saudi Arabia flooding the market with cheap oil to hit at Iran & Russia, See this is related to Oil prices & currencies & should be Ok to discuss as it effects world economy.
  • #1,050,445
  • Jan 15, 2016 4:18am Jan 15, 2016 4:18am
Quoting Vorex
{quote} It's Okay nobody likes me anyways, I won't be missed. And my comment I believe it to be true, plus politics has a major effect on Oil and currencies and one needs to be knowledgeable in this area.
Every Tom, Dick & Harry on this earth is aware of What's happening and Why it's happening. But nobody has tangible evidence. Even the circumstantial evidence on the weaker hands.

Edit: So lets be passive observant and move on with our remaining $
  • #1,050,446
  • Jan 15, 2016 4:23am Jan 15, 2016 4:23am
OIL rolling in the deep
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Quoting Ken A
{quote} In {image}
I'm short the break down ...
  • #1,050,447
  • Jan 15, 2016 4:25am Jan 15, 2016 4:25am
of course oil and arms and even food has been used to punish and destabilize recalcitrant and unsympatheitic regimes but this time i think it has less to do about saudis and more with the whirlwide recession plus solar and electric vehicles like tesla....hybrids always seemed to me to be a dead end technology but elon has the battery pack dialed in
  • #1,050,448
  • Jan 15, 2016 4:28am Jan 15, 2016 4:28am
big butt hurt in EA & EN both traveled 350 ish pips ....
  • #1,050,449
  • Jan 15, 2016 4:31am Jan 15, 2016 4:31am
Quoting Vorex
{quote} Kurds are muslims too , Saddam was a muslim, are you saying the kurds weren't allowed to worship their religion? Saddam was a dictator but that's the kind of person the country needed, if Saddam was alive ISIS wouldn't have existed, they wouldn't dare enter Iraq.
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  • #1,050,450
  • Jan 15, 2016 4:53am Jan 15, 2016 4:53am
Quoting Ken A
{quote} https://www.youtube.com/watch?v=CBpSckYr-uM https://youtu.be/6O8vM0-6EEE
Syria, Libya, Egypt, Yemen, after the Arab spring rise are in worst conditions than they were before under their dictator.
They are now full of corruption, kidnapping, no security, no work, so Europe is now getting the refugee problem.
These countries and many others in that region can't function without a dictator because if you remove the dictator they will replace it with Sharia law & Sharia law is against democracy, u will get Saudi Arabia, and even if you remove the Dictator from Saudi Arabia, the country is full of brainwashed people who just want to go blow themselves up & kill infidels but they have a fear of the dictator.

I Agree with Gator that this world needs a reset but not an economic reset but a Nuclear holocaust reset whereby 6 billion people are killed and only 1 billion is left because this Earth can't maintain 7 billion people & counting lol.
  • #1,050,451
  • Jan 15, 2016 4:57am Jan 15, 2016 4:57am
Quoting edyraper
big butt hurt in EA & EN both traveled 350 ish pips ....
I went long from 1.5543 with a 30 pip stop yesterday without a TP to leave until this morning would have been nice eh
  • #1,050,452
  • Jan 15, 2016 4:58am Jan 15, 2016 4:58am
Quoting lancedes
Short EU, long DAX
Stopped out some time back - after a bright start
  • #1,050,453
  • Jan 15, 2016 5:00am Jan 15, 2016 5:00am
Quoting Vorex
{quote} Syria, Libya, Egypt, Yemen, after the Arab spring rise are in worst conditions than they were before under their dictator. They are now full of corruption, kidnapping, no security, no work, so Europe is now getting the refugee problem. These countries and many others in that region can't function without a dictator because if you remove the dictator they will replace it with Sharia law & Sharia law is against democracy, u will get Saudi Arabia, and even if you remove the Dictator from Saudi Arabia, the country is full of brainwashed people...
All above are just pretext ............

Understanding what is Federal Reserve and IMF, what are they and who owns it ...........

Falling oil price means less export of petrodollar .................

Follow the money ......... those controlling world money supply owns all the politicians with no exception

Don't want to talk about it here ........
  • #1,050,454
  • Jan 15, 2016 5:02am Jan 15, 2016 5:02am
Quoting Don96
{quote} I went long from 1.5543 with a 30 pip stop yesterday without a TP to leave until this morning would have been nice eh
I'm talking about 600 pips missed
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  • #1,050,455
  • Jan 15, 2016 5:12am Jan 15, 2016 5:12am
Quoting Ken A
{quote} All above are just pretext ............ Understanding what is Federal Reserve and IMF, what are they and who owns it ........... Falling oil price means less export of petrodollar ................. Follow the money ......... those controlling world money supply owns all the politicians with no exception Don't want to talk about it here ........
  • #1,050,456
  • Jan 15, 2016 5:15am Jan 15, 2016 5:15am
time to test yesterdays high.
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #1,050,457
  • Jan 15, 2016 5:27am Jan 15, 2016 5:27am
GBP going to 1.35, EU going 1.15+

EURGBP could be the best trade of the year

Looking for that dip to buy, .7950 initial target on EG
Be hopeful in a winning position, and fearful in a losing position.
  • #1,050,458
  • Jan 15, 2016 5:29am Jan 15, 2016 5:29am
Quoting KiNgEdwarD
shorted ucad from 4538,stop 4554
closed for +40,crude showing no sign of bounce
uj stopped at be

cable seems to be testing 4200/418x level soon,or may be sooner,with US good numbers ahead,looking for buys only,can't sell at these lows anyway
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Sometimes it's better to be wrong,to learn..
  • #1,050,459
  • Jan 15, 2016 5:39am Jan 15, 2016 5:39am
Quoting Vorex
{quote} Syria, Libya, Egypt, Yemen, after the Arab spring rise are in worst conditions than they were before under their dictator. They are now full of corruption, kidnapping, no security, no work, so Europe is now getting the refugee problem. These countries and many others in that region can't function without a dictator because if you remove the dictator they will replace it with Sharia law & Sharia law is against democracy, u will get Saudi Arabia, and even if you remove the Dictator from Saudi Arabia, the country is full of brainwashed people...
Die hard Fallout fan..
Dont trade like me..
  • #1,050,460
  • Jan 15, 2016 5:40am Jan 15, 2016 5:40am
Quoting Rag2RichesFX
GBP going to 1.35, EU going 1.15+ EURGBP could be the best trade of the year Looking for that dip to buy, .7950 initial target on EG
Could you specify timeframe ?
Losers Hope, Winners Believe
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