The Club!

fyi

very very scary

indeed.....

woke up this morning in good mood, now I feel uncomfortable, angry, bad mood


But hey, all is contained, isn't it?

Absolutely...we live in the post-truth world. It is not about the truth but what "they" want us to believe, and what they feed us as truth. The less we know the better...the easier we sleep

quote= More that 80 percent of the radioactivity from the damaged reactors ended up in the Pacific= - this is incorrect and wrong message.

The biggest problems Fukushima is facing there are two melted reactors cores with radiation level that human cannot handle for hundreds years, and second problem, reactors core temperature at such high level that cores can easily cut through any earth based materials and go down hundreds meters into Earth and contaminate drinking water levels. Nobody ever handle that kind of challenges.

well said

http://www.seeker.com/the-internet-i...257319567.html


as I told: all is contained, do not worry


why do I feel the need to punch this guy right into his face?

Hello everyone,

I just signed up with FF last month (but using the calendar for years). I've been going through this thread, and would be happy to contribute my ideas and specific, REAL, trades. However my style is Price Action and it seems this is mostly EW. Is PA trading something that would be interesting to those in here?

Quick info: Been trading since 2008, I mainly trade Forex (spot & futures), I use Price Action principles, became consistently profitable in the past year or two.

Feel free to look at my Trade explorer for the type of trading I do and my results - whether you find them impressive or embarrassing.

Thank you and have a good day!

MM

Hello MysticFX,

feel free to post in this thread. Although you will find a lot of EW in here, one can not trade EW on it alone. One does need additional techniques like PA, too.

So welcome on board :-)

Welcome Mystic,

I would say this a general forum where likeminded traders get together but the discussion and posts here transcend trading and one different method so we are happy to hear your voice.

Thank you for the replies everyone, sounds like a good place to start sharing ideas.

For sure... (I have found smileys in the editor, many smileys)

Best
D.P.

Welcome..

really interesting..

USDX - H4

USDX - Daily

Added.

USDX - M5

longed EU

LOL

two of same kind

I went long this morning at average of 1.05363

Another shadow for the euro????





February 21, 2017 11:45 am by Kathleen Brooks
inShare

The euro is the worst performer in the G10 today, and has fallen sharply on Tuesday, with EURUSD slumping 0.7% and slicing through some pretty critical support levels that opens the way to a potential longer-term decline back towards 1.0341 the low from 3rd January. The single currency is defying the better-than-expected flash PMIs for Europe, with the composite figure rising to 56.0 from 54.4 in January. The biggest problem for the euro is politics, and its not going away any time soon.
French political risk premium starting to rise
The bond and FX market have been spooked by a sharp rise in the spread between French and German bond yields. This has been driven by a rise in support for the National Front leader, Marine Le Pen. The odds of her winning have risen sharply in February. The chart below shows the average implied probability of Marine Le Pen (white line) and the current front-runner Emmanuel Macrons (yellow line) chance of winning the upcoming French Presidential election. As you can see, Macron has seen his odds of winning the election slide, as Marine Le Pen has seen her chances rise. Although Macron has a near 38% chance of winning in May, Le Pen is not far behind at 34%, and momentum appears to be on her side.
Figure 1:
http://wordpress.cityindex.co.uk/mar..._1-530x271.png
Source: City Index and Bloomberg
This chart is important, and is something that we will be tracking in the coming weeks leading up to the election. While polls have proven to be inaccurate in recent elections in the UK and the US, odds can be a more reliable indicator when it comes to assessing political risks.
French bond yields: terrified of Le Pen?
Politics appears to be weighing on the European bond market. Figure 2 shows the spread between French and German, Spanish and German, Italian and German, and Portuguese and German 10-year sovereign bond yields. This chart has been normalised to show how they move together. While the nominal level of the bond spread between France and Germany is the lowest compared to Spain, Italy and Portugal, the more enlightening information you can get from this chart is when it is normalised so you can see how these spreads are moving relative to each other. As you can see, Frances 10-year spread with Germany has been rising at a much faster rate than other European bond spreads in Europe during February, which has coincided with Le Pens increasing chance of winning the Presidential election. This chart suggests that the there is some panic amongst bond investors, who are starting to worry (read, price in) the tide of momentum that seems to be with Le Pens candidacy.
Figure 2:
http://wordpress.cityindex.co.uk/mar...h2-530x314.png
Source: City Index and Bloomberg
If this continues then we could see French bond yields rise above levels seen in other countries like Spain, that dont have election risks on the horizon. Already on Tuesday we have seen French bond yields briefly rise above Irish bond yields of a 10-year maturity.
Marine Le Pen: toxic for the euro
It is well known than Marine Le Pen is no fan of the euro, and we wont go into the detail of her policies in this note. But it is worth remembering this, rising support for Le Pen is likely to keep upward pressure on French bond yields, and this political risk premium could weigh further on the euro. We will watch what EUR/USD does at 1.0500, there is some key support at this level. However, if it falls through 1.0500, then EUR/USD could find itself testing the 2017 lows so far at 1.0341.
Stocks are not immune to Le Pen risks
A weaker euro is helping European stocks on Tuesday, which have also been given some uplift by a continued strong performance from equities in the US. However, if Le Pens odds of winning the election continue to rise at a similar pace in March as they have done in February, then we think that risk aversion could spread from the bond and FX market to the European equity markets.

hahaha,

I still miss the ROFL and the vomiting smiley very much

EWI on Cocoa

for further reference


https://pbs.twimg.com/media/C5NEefLWYAArw4p.jpg:large