Upstate
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
euro news..
this shows me the trend is weak and manipulated and why im shorting it with great caution because in the background china is buying bonds....a news bit jester has shown me ,that china ,knowing the situation is exploiting the euro in hopes of non -repayment and in the end will demand payment in gold !!..Will the elite fall for the scam or will they avoid the scam ,or are they part of the scam??? ..that is the question..... That will be answered in price movement from now and until the crash of the euro...!
EU must decide new euro measures urgently:
here
AUD update
Southeast Australia set for another week of floods.....
here
Year Of The Cat......
here
the cAt remains in the green..
Re: Point and Figure for Forex. Any pair.Charts.
by MDunleavy » 23 Jan 2011 14:40
point and figure chart
*DXY as forecasted achieved the 78 handle.
*This manifested on our screens this week and was mainly due to the Leadership of EURUSD to the upside above the long awaited StopHunt over 1.3497,there were still many undercurrents of coming USD strength.The undercurrents came in the form of risk aversion pairs USDCAD, USDJPY and USDCHF staging rather dramatic advances in the face of DXY weakness throughout most of the trading week.
*One reason of course is the upside leader EURUSD has the heaviest weighting in the DXY basket, but I suspect big players are beginning to take off risk and are also hedging as multiple asset classes are breaking down and or topping.(ForexStopHunters)
*U.S. DOLLAR INDEX: Dropped nearly 1% on Friday to 78.12, which would mark its lowest close since November 12.
I was just looking at that picture of bernie closely..
look at the computer screens...not a chart on any of them..lol
thinking about that situation, by buying treasuries,that means the money is being taken out of m1 money supply,to buy debt so the government can spend more or basically,its just switching balances back and forth in the same persons bank account,in two different banks....its the game of smoke and mirrors.,,kinda like using credit cards to pay debt and when you max out one card you get another to payback the maxed out one.and it goes on and on till the house of cards collapse .another example is Bernie Maddof...
so in other words ,one day in the the near future the government will need a scapegoat or 10....even though they are all guilty.
woe to them.
thats what im hoping too..took a short position at the close on friday..but news from jester tells me the euro is going up..has alot of fundamental support..we will just have to wait and see what is what on the technical side..
looking at the euro ,chf,aud,and the USD...
best to not be in the market at least until monday or tuesday.let the market shake a few trees before any real move..or any real trade continuation.
lol..
yea,that looks like a possibility,but whats life without taking chances?
but as always ,when the chips stack against me, I usually land on my feet....re-checked the charts, hmmmm.doesnt look good ,good possibility my pockets will be picked on Sundays open...the only thing I can hope for is a shakeout of the weak longs before the continuation up...
so are you saying my euo short position wont give me at least 100 pips? id be happy with 35-50,but reading that shows me why the jump in the euro last week.
which brings us back to this post..
its showing in the pre market..should be a good day for that trade,and more pain in your others.
here is a good article on the topic..
ISDA
"Lawyers love credit default swaps".
and I can see why..I can also see why this really needs some regulation,but that could snowball into other markets ,like forex..
basically forex trading is a credit default swap in a way to exporters..
you got me digging deeper for my understanding....
its called greed..you would think regulation would be a no brainier ,but I can just assume regulation would just kick the chair out from under what what is trying to be accomplish..it will have to wait..
seems you dont have it set up in the right folder on your server..
you should have your php in a folder called chat or something..then a link to the index page of your board..
so the end result look something like this
http://fxbeaker.com/whateveryourindexis
;)
well ,I bet we see more of that in the near future..
with greece asking for more time to pay off debt,the goldman sacks and the jp morgans cant get paid..
4:30pm NZD
Business NZ Manufacturing Index
52.7
4:45pm NZD
CPI q/q
2.3%
1.1%
6:30pm AUD
MI Inflation Expectations
chinas cpi came out lower than expected...which is good for the dollar..not the markets.
here
U.S. investors should welcome, not fear, climbing commodity prices.
The increases are “largely a reflection of the fact that the pace of economic growth, ( what growth???? )particularly in the U.S., has picked up,” saidNariman Behravesh, chief economist at consultants IHS in Lexington, Massachusetts, and a former Federal Reserve official who has been covering the global economy for more than 35 years. “It’s not something to be worried about.” ( for who????)
The Standard & Poor’s GSCI Spot Index of 24 commodities has climbed 24 percent during the past year to its highest level since September 2008 as prices of raw materials from oil and copper to wheat and cotton have increased. That has prompted investor concerns that that rising energy and other costs might derail the U.S. recovery by robbing consumers of purchasing power and pinching corporate profit margins.
History suggests they’re wrong to be concerned, said Michael Darda, chief economist for MKM Partners in Stamford, Conn. Commodity prices usually move in tandem with U.S. production, income and the stock market, so the increase is a reason to be bullish, not bearish, about the outlook, he said.
“High commodity prices are the result of rising demand, not the cause of future economic weakness,” (BULLSHIT!!!) Darda said.
=================================================================
rising commodities prices are due only to the fact of a weaker inflated dollar!!nothing more ,nothing less period!
EURO GOVT-Doubts over rescue fund size hit periphery, Belgium
here
Tue Jan 18, 2011 12:40pm EST
* Rescue fund doubts weigh on periphery, Belgian bond sale
* Spanish and Greek T-bill auctions well-received
* Irish, Portuguese bond prices fall; no ECB buying seen
By Kirsten Donovan
LONDON, Jan 18 (Reuters) - The prices of higher-yielding euro zone bonds fell on Tuesday, after the Dutch finance minister said the Eurogroup had rejected enlarging a rescue fund for the region's more indebted states.
Dutch Finance Minister Jan Kees de Jager told reporters euro zone finance ministers had discussed but rejected the idea of increasing the European Financial Stability Facility to 750 billion euros.
The refrig is running, so is my tv....
comments welcomed....oh and also the dog is barking but,I dont have a dog...orange juice in my cup but I aint drinking it.my fingers are typing but my mind isnt into it...got out of my trade but looking at the aud....bear , is my cats name....ok I lied ,grizzley is my cats name..aud,aud,aud..short the .... 10136...out of it ..dollar .what of it.black is white and holidays are black, exactly...can u tell the difference between grey and green?..steak and soup.? do you know the difference if your....non scented.? blue is green and grey is ours? whats ours?..nothing ,nothing ...we have nothing.
and you have everything. ok..ok..is anybody listening?..no sex ,no trade..go there and come here.. confusing? naw ..its very clear..aud is in despair.come see come saw..is the euro worth at all?lol..lol..come and look at what I saw.suck my ass and suck your ass..what difference does it make......?
are you confused? ..me too!.but then again I learn the language from our own government..they learned from the feds..am I the coolest at 50 ish?no? but the kids with their pants hanging low,they dont know..only me and feds...they can suck my ass ,,,then cnbc can suck theirs.
;)
closely related to octopus soup.....,
need two hands to eat it but its good..
;)
best soup on the market ..
Campbell's screw that chunky shit.!
supper time for me ....french onion soup with moszzarella and toasted bread in the mix... quick supper for a currency trader..!
..goto location,select in the area you want it displayed.., even though it tells you not to..if possible.. depending on the indicator,it will show up on the spot you select.
damn that "energy of trend".,,
wont get away from my gbp/usd trade...lol
regulation is working on that, on the commodity side,and even though it would be almost impossible on the currency side ..im sure more regulation is on the way..it shouldn't effect us small peanut traders,but it should regulate for the huge hedge funds..