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The Swamp

  • #6,301
  • Jun 26, 2016 7:55am Jun 26, 2016 7:55am
Quoting MaxDoom
{quote} hopefully the politicians will find a backbone and stand up to the EU in negotiating new trade agreement, after all we import far more than we export and the Germans sell half their cars to the UK so there is no reason why we should have to suffer crap terms....
its not like the swiss suffer so much.
those who can, do. those who cant, talk about those who can
  • #6,302
  • Jun 26, 2016 8:35am Jun 26, 2016 8:35am
Quoting Freelve
So sell the bounce on gu it is?
to start it hasnt reached 1.4119 since fall.. its either going to do that or make a LL. the trend has been down awhile. it's had a large drop to a LL. a retrace to 1.4119 is normal.. normal is not a 100% probability. its made a LL, back to the 1980ties. i suspect the entire world is going back to the acid rock of the early 1970ties. even lower for the basket weavers relying on heavy industrial manufacturing. manufacturers will flock to where cost is cheaper to produce a widget. the #1 cost is energy. it's not labor.. i preached reset and anyone trading the last 40 years dont have a clue about this world reset coming.. it's a new industrial revolution coming. china japan should further slip while india and s korea fill slots.. london may fool ecb by simply allowing a cheaper europe flight/ship/rail hub. for passengers and import/exports . all they need to do is be cheaper than euro to pull business from germany etc. boe has less strings from brussels now.

uk is just doing what the u.s. fought a revolution for. they dont want brussels taxation w/o representation.. if there is one country out there that has seen this from both sides, it is gb.. many countries have tried this, it works till it dont. let's just be thankful for this so far, its ending at the polls. this very historic, its not ending in blood shed.
those who can, do. those who cant, talk about those who can
  • #6,303
  • Jun 26, 2016 8:43am Jun 26, 2016 8:43am
Quoting gatorinla
{quote} to start it hasnt reached 1.4119 since fall.. its either going to do that or make a LL. the trend has been down awhile. it's had a large drop to a LL. a retrace to 1.4119 is normal.. normal is not a 100% probability. its made a LL, back to the 1980ties. i suspect the entire world is going back to the acid rock of the early 1970ties. even lower for the basket weavers relying on heavy industrial manufacturing. manufacturers will flock to where cost is cheaper to produce a widget. the #1 cost is energy. it's not labor.. i preached reset and...
I had a customer at my shop tonight. She said she worked as a quality control inspector at a jeans manufacturer in Lesotho Africa. She said minimum wage there was about $100 per month and about 40% of the people have AIDS. She said quality of life was horrible but owner made a lot of money there. Has 3 factories manufacturing Jeans for Levis,Lee and Dixies. She said most jeans orders went to America.
  • #6,304
  • Edited 9:03am Jun 26, 2016 8:48am | Edited 9:03am
Quoting Hickson
{quote} That is absolutely true, every arrogant and brain-washed chinese who made some money somehow is sucking sticks for our cars ... put a bit drastic and sorry for the educated chinese left, but their countriy is in a sad mental state actually. With China no longer being the land of culture and philosophy but of a schizophrenic capitalism, our cars will be in demand there for a long time ... Brexit will not put a stop to that. {quote} I wonder if it will bounce first on Monday, but generally yes.
meanwhile in the underworld the cheap kia is winning the top awards. above all those brands. slowly but surely taking market share

http://www.kia.com/us/en/content/why...rds-kia-motors
those who can, do. those who cant, talk about those who can
  • #6,305
  • Jun 26, 2016 8:51am Jun 26, 2016 8:51am
Quoting Hickson
{quote} That is absolutely true, every arrogant and brain-washed chinese who made some money somehow is sucking sticks for our cars ... put a bit drastic and sorry for the educated chinese left, but their countriy is in a sad mental state actually. With China no longer being the land of culture and philosophy but of a schizophrenic capitalism, our cars will be in demand there for a long time ... Brexit will not put a stop to that. {quote} I wonder if it will bounce first on Monday, but generally yes.
Thanks for that. I will be looking for oppurtunities to short on monday
  • #6,306
  • Jun 26, 2016 9:04am Jun 26, 2016 9:04am
Quoting micho
{quote} i think you are confusing two different cases, norway is a self sustainable country it has more oil than it needs. also norway abide to 75% of eu rules including immigration. uk is a large country with large population, it does not have enough natural resources to be self sustainable, it needs to do other business, manufacturing and trading, etc to survive just like germany. the biggest reason for the brexit was the immigration, the two cases are different, you cannot compare them

How about the UK start a new club.....with other countries slowly leaving the old and joining, ...new club with not so stranglehold on the countries....

They could call it the U.E.... Union of Europe.....
  • #6,307
  • Jun 26, 2016 9:45am Jun 26, 2016 9:45am
Quoting gatorinla
{quote} meanwhile in the underworld the cheap kia is winning the top awards. above all those brands. slowly but surely taking market share http://www.kia.com/us/en/content/why...rds-kia-motors
Porsche 1st,BMW 2nd, & 3rd is Mercedes for me. No Kia for me. Not much of a Korean car fan
  • #6,308
  • Jun 26, 2016 11:44am Jun 26, 2016 11:44am
Quoting stylinex
{quote} Porsche 1st,BMW 2nd, & 3rd is Mercedes for me. No Kia for me. Not much of a Korean car fan
if u look deeper. they beat all of those about 2 weeks back quality wise. our personal preference won't make us money. shit happens, things change. at one time sears and roebuck were the world's largest retailer.. then came wal mart. now u got amazon pushing, later some other.. maybe one from india. (not including china on purpose)
those who can, do. those who cant, talk about those who can
  • #6,309
  • Jun 26, 2016 1:30pm Jun 26, 2016 1:30pm
uj 98.68 is a sequence to 54.75?
  • #6,310
  • Jun 26, 2016 3:43pm Jun 26, 2016 3:43pm
Quoting gatorinla
{quote} https://www.youtube.com/watch?v=cafjTx1GvWQ
Found that too, but decided to post not, wanted to better myself ...
Fix up, trade sharp ...
  • #6,311
  • Jun 26, 2016 3:48pm Jun 26, 2016 3:48pm
there is a little gap...
  • #6,312
  • Jun 26, 2016 4:12pm Jun 26, 2016 4:12pm
Quoting edyraper
there is a little gap...
Yeah. Could these be new lows for the bounce to start from.
  • #6,313
  • Jun 26, 2016 4:15pm Jun 26, 2016 4:15pm
Quoting lancedes
{quote} Yeah. Could these be new lows for the bounce to start from.

I am watching PA and spread currently ...
Fix up, trade sharp ...
  • #6,314
  • Jun 26, 2016 4:23pm Jun 26, 2016 4:23pm
Quoting Hickson
{quote} I am watching PA and spread currently ...
my gu spread is 7, gj is 17, eu 1.5
  • #6,315
  • Jun 26, 2016 4:26pm Jun 26, 2016 4:26pm
weekly on NU looks nice...
Attached Image (click to enlarge)
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  • #6,316
  • Jun 26, 2016 4:37pm Jun 26, 2016 4:37pm
Quoting lancedes
{quote} my gu spread is 7, gj is 17, eu 1.5
3-4 on GU now ... still a bit much but doable. However, does not look too bullish ...
Fix up, trade sharp ...
  • #6,317
  • Jun 26, 2016 4:57pm Jun 26, 2016 4:57pm
So the theory is gaps should get closed. And this is where the bounce comes in right?
  • #6,318
  • Jun 26, 2016 4:57pm Jun 26, 2016 4:57pm
Quoting Don96
weekly on NU looks nice... {image}
For a sell ? was gonna sell when price hit the close of the precious week.
Nothing stands in the way of a person's will -THE MYSTICS
  • #6,319
  • Jun 26, 2016 5:01pm Jun 26, 2016 5:01pm
Long eu and long gu. Spread is 4 pips. So i got a 50 pip sl with small lot
  • #6,320
  • Jun 26, 2016 5:11pm Jun 26, 2016 5:11pm
They do, but I've had times when the draw down was a lot to bare like in EG the other week. Thankfully it closed after brexit and I made some money but don't expect them to always close right away sometimes weeks could go by
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