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lol....
about the homeless feedings..I guess,now the view on the homeless in so many descriptive words can and should be referred to feral cats.wonder if it against the law to feed homeless cats?
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funny how Goldman sacks was buying oil at the same time bernakeeeee was preparing his speech..but what Ben is talking about wont happen unless they do plan on raising interest rates by the end of the year or sooner..
or ,change isn't coming until we have maximum employment,(quote)..and that wont happen for at least 5 years...
if at all.
weird can be a good thing......
at least in nbg's case.
nice bullish candle close today.
I see price closed the gap today..and closed above the gap.
Tommorrow should be the start of the climb to 2.....
but since I cant predict the future,i'll leave this post with a ? mark
;)
This could mean what brokers see on their order boards or the actual interbank which brokers feed off of is relaying to the brokers....I actualy took the comment sizeble stops above 1.4665 means the shorts have stop losses set around 1.4665,and ...a stop hunt is lurcking to steal that money except for the fact there are an equal number of traders who want to short the euro around that same number..,so its not worth the bother for a stop hunt..
I knew it was against the law to feed the bears.....,
but I had no idea it was against the law to feed the homeless..?
that will be the interesting level.
that will also be an indicator or what the future holds as far as QE3......if the greek national bank turns positive above 2$
there will be no QE3 and we will see interest rates rise...
just my opinion and a good sense of smell....
Market eyeing stops in EUR/USD and EUR crosses
By: Sean Lee
The interbank market is eyeing sizeable stops in the EUR/USD above 1.4665 which are so far being protected by some solid offers just ahead of there. Topside stops are also being reported in EUR/JPY, EUR/GBP and EUR/CAD so if the market does take off to the topside, it might get a bit ugly again.
a place to compair fxcm charts with interbank charts..
interbank 1 min chart
fxcm 1 min chart
now for Real news....
TransCanada restarting Keystone oil pipeline
talk about news worthy in the midst of record global storms and global economic and agricultural woes plaguing the world....
just when you think you've heard it all, including 7 million dollar grants to teach African communities how to wash their genitals....
this clip targeted in California is about a ban for Doctors to stop clipping the fore-skin off new born babies..lol
totally true....has anybody ever wondered what they actually do to the clipped fore-skin??
its used in face cream for women...lol....saw that on Manswers about a month ago.....lol..
but here is the news clip of the story im talking about..
illegal to snip the foreskin of a minor within city limits.
So, as funny and or re-dickuless as it seems,I doubt it will become law ,because of the simple fact ,that it would put some foreskin techs out of work..
who are these dick heads?????
;)
here it is..the start of a new week in the currency market..
not even looking at a charts today,opened fxcm bought aud/usd long with 1 big lot..closed down fxcm..dont even want to look at it...
some big bank said 3 weeks ago aud/usd is expected to hit 116..its at 107 right now..
every part of trading is so manipulated in my eyes,that I feel whats the use....big bank says buy,screw it..i'll buy.
a few months ago thatcher said in so many words ,its time to screw the traders and do what they (meaning them) need to do....so the technical traders and the fundamental traders are pulling out their hair wondering WTF is going on..well whats going on is they want what they want..and what ever is to happen in the future , the euro will survive ,period ..end of story.
but why?....because in short....the euro is so indebted to other countries,if they fail so does the world...for example,if Greece is allowed to fail..being so heavily indebted to Germany , Germany would default,then like dominos falling so would the world bank,then the imf,and so on and so forth.....
just like in the 20ies,called the roaring 20ies, was when the federal reserve flooded the markets with money ,to depreciate the dollar against the british pound ,because the pound was bankrupt after ww2,...which caused the great depression in the 30ies..
look it up if you dont believe...same thing is happening but with the euro.....
;)
sad but true..The US middle class is the slap dog of the world..
dont pay your bills with pennies..its against the law.!
Man charged with 'disorderly conduct' for trying to pay doctor's bill in pennies...
here
everybody hates the Syrian Protesters.....????
Israeli Forces Fire on Syrian Protesters...,
63 KILLED IN SYRIA WHEN FORCES FIRE ON PROTESTERS...,
as the USA fights the fat.....
Obama wolfs down TWO chili dogs, fries day after wife unveils new dietary guide...
I was ready to post my 4 things in the news that I felt needed attention ,but after reading through my carfully though out post,..AUD continued to climb regardless of what I knew and what I was about to post...
So.......the point is ....we are past the point of no return,,
broken arrow.!
;)
are these post based on technicals or fundamentals?
fundamentally euro should not be..period.my opinion only,,,,,..
you've been posting for a while and I personally enjoy the post,and pay attention..please introduce your self to us.
thanks..
;)
the really big question for now is.........
should we let jester play the sax or not?
rapid decline of euro is not an option....
they are the bankers that holds the US debt notes ...and......,
china has the euro by the ball for now.
your suppose to be the violinist....
you never said you can play sax....
ok..its fine with me as long as relentless says its OK.
;)
pulled this out of cracks in the floor boards...
how much new aid individual countries were willing to commit to
that is the question now days to the reasons of taking imf money..
thats fine ,but show me the backing of where the real money is to loan..........!
simple question..but can you.....find the answer?
;)
is anybody out there..?
or am I here all alone??
unknown version...very
hip against the creative....
BTW Jester..enjoyed the whitey song....!!!
and a little shorter with this piece......
ahem and hence,weaker dow,gold ,silver ,oil,stronger dollar..
c'mon,for the next two years being an election on thm der hills,we might as well take advantage..if goldman did buy all those buy contracts of oil,another bailout..QE3?
stay tuned ,in the next few months...history in the making.!
i guess denning derives from the civilized word,denying...just in case you actually read the post and wondered......!
stay tuned grasshoppers....so much going on right now in the world that isn't published in the news or wont be for long,that will effect all of us.how you deal with it,is up to you.
and jester will be the violinist and relentless will be on vocals,me at the base and we are looking for a lead guitarist which used to be brother elder ,but I think hes sick of playing in his old age and his Mormon background,hence in thinking, he hopes,.......rapture is AFTER nascar in Phoenix .....he seems to me to be the perfect candidate to be left behind !.......which isn't all that bad ,because he will be the priest amongst the money changers in the future for only 7 years before we meet face to face........... and,so we need a lead guitarist and a few drummers and a sax player..danello plays sax,maybe he should try out.?
but then again hes just a newbie..probable still doesn't know how to trade for a living and stuck at a 9-5 boring rat-race job in Westchester ny....probably in phone marketing,and if he calls me one more time I'm going to scream!!! no I do not need any more channels on my tv....what dint you get? I can get any TV show or any movie here......Free TV and Movies-here
so back to the band..or for short the elite brotherhood of forex traders otherwise know as the retail side of forex.....we need players with talent....apply within.
;)
federal reserve has no reservations on doing this..
wonder why the Bank of japan has reservations?
hmmm,maybe because they know it could bankrupt them?
--Shirakawa repeats his stance that the BOJ shouldn't directly buy government bonds, as doing so could backfire, affecting the smoothness with which the government can issue debt.
now this is telling us the Japanese markets are going to decline?.hence,so will euro,and US then,but the US will be the stronger....or will it?
yen will climb on this news....dollar ?..wall street could go into a selling of Asian stocks spree,hences dollar up,gbp? up too against the yen after a short decline....hmm..to much to talk about on the correlating subjects in the time frame I have left to post my thoughts for next week...shif sees it and I'm sure after looking a bit the rest will see it.I saw it on Friday with price movement on usd/chf and USD/RUB....green eggs and ham for the SAM i am.
;)
Bank Of Japan Chief Warns Against Losing Market Trust Amid "Very Serious" Fiscal State
--Bank of Japan Gov. Masaaki Shirakawa calls the nation's fiscal state "very serious," amid threats from credit-ratings agencies to downgrade Japanese government debt.
--Shirakawa says that if market confidence in Japan's fiscal sustainability weakens, that could spark "negative mutual interaction" among public finances, the financial market and the real economy.
--Shirakawa repeats his stance that the BOJ shouldn't directly buy government bonds, as doing so could backfire, affecting the smoothness with which the government can issue debt.
--Shirakawa says increased fiscal spending may be less effective when people think it isn't backed by new revenue.
(More Shirakawa comments in fifth-eighth, 12th and 14th paragraphs, background in ninth and 10th paragraphs, updates throughout.)
By Takashi Nakamichi
Of DOW JONES NEWSWIRES
TOKYO (Dow Jones)--The head of the Bank of Japan again called on the government to tackle its "very serious" fiscal state Saturday, a day after Fitch Ratings became the latest credit ratings agency to lower the outlook for the nation's burgeoning sovereign debt.
Highlighting the risks of losing market confidence, BOJ Gov. Masaaki Shirakawa said that if investors became doubtful about Japan's fiscal sustainability, it would spark "a negative mutual interaction" involving the nation's fiscal state, the financial system and the real economy that would undermine economic activities.
Shirakawa also dismissed talk of directly purchasing government debt to help the government pay for reconstruction in the aftermath of the March 11 earthquake and tsunami. Such an approach he said could undermine faith in Japan's currency, driving up interest rates and causing instability.
The comments from Shirakawa add to growing signs that policy experts in Japan as well as overseas are feeling increasingly wary about the nation's ballooning public debt. Already twice the size of the nation's annual economic output, Japan's debt is set to grow more in coming months as the government has promised additional borrowing to fund efforts to revive the nation's quake-battered northeast.
"Needless to say, the current fiscal state of Japan is very serious," Shirakawa said in a speech at a Tokyo seminar.
As shown by the debt crises that have hit Greece, Portugal and some other European nations, "if confidence in fiscal sustainability weakens, there would be a negative mutual interaction among three areas---fiscal conditions, the financial system and the real economy---that would have harmful effects on economic activities," he said.
Weaker market confidence in the government's ability to fix its finances could spark "various" events such as falls in the value of government bonds, he said. These developments could undermine confidence in private-sector financial companies, leading to higher borrowing costs, he said, in a veiled reference to Japanese banks that have invested heavily in government debt amid a lack of investment opportunities in a long-moribund domestic economy.
As a result, the economy would suffer, and then "tax revenue would decline, hurting trust in the government's ability to pay down" its debt, Shirakawa said.
Shirakawa's comments came after Fitch on Friday cut its outlook for Japan's sovereign debt to negative from stable, citing the economic risks associated with the country's nuclear power plant crisis and noting that the country's gross debt ratio is already the highest of any country it tracks. The move follows similar actions by ratings agencies Standard & Poor's and Moody's, suggesting the international community is growing more skeptical of Japan's ability to get its fiscal house in order.
The focus of investors is on a long-term plan to overhaul Japan's tax and social security system that the government of Prime Minister Naoto Kan has pledged to announce next month. Growing social security spending to look after the nation's aging population and perennial tax revenue shortages as a result of long-sluggish growth and past tax cuts are among the major reasons for Japan's fiscal plight.
Shirakawa also hit back again at those BOJ critics who have called on the bank to directly buy government bonds to help the Kan administration finance its post-quake reconstruction efforts.
"If the Bank of Japan underwrites government bonds, that would undermine trust in the currency," Shirakawa said. That could "invite increases in long-term interest rates or instability in the financial markets, making it more difficult to issue government bonds," he added.
Shirakawa indicated he wants the government to raise taxes instead if it is to boost spending.
"If people develop a view that there is little prospect of revenue coming in...to back increased budgetary expenditure, that could hurt the effectiveness of public fund injections (into private-sector banks) as well as expansionary fiscal policy," he said. This means "there is a risk that (increased outlays) would have the opposite effects" of those intended, he added.
4 post remaining..
want to use up all my post before midnight .....
next 15 min stay tuned ..more controversy to come.!
Sarkozy is always full of interesting ideas."
has anybody seen national geographic showing live birth on TV?
like for dogs,cats,wild animals...ect?
well here we are first witnesses to the birth of another central bank....
World gives BIRTH to a NEW CENTRAL BANK........!.
79 is the technical target.....,
but if im reading between the lines right ,one,,the world needs a strong dollar for growth.....but not untill it makes china say uncle sam,and does what goldman sacks needs china to do..they are on a short lesh though, and they know it...either way,this year will see the dollars demise or more than likely appreciation of the dollar that will last for a couple of years.just my thoughts.
;)
few things going on right now with the euro and the bank of england..
the bank of england is making banking more expencive for its services..hence,more control on the money supply....hence again for a stonger gbp.my bets are long gbp,when fundamentals kick in ,hence again to technical..whats her name in germany has already said and I couldnt understand at first ,but it means intervention verses technical.fuck the traders in plain english will happen..lots of technical traders will be burned in the up and coming......when or when in intraday trading spikes or direction makes no sence..just go with the flow.!
just a warning for all of us technical traders.!
weekly resistance is at .79,
200 ma thats where I see the dollar headed.for now..,then at that point with my speculation of an interest rate hike in july or bearish sediment coming from the feds in july should bring in more dollar apreciation in august.
either way .....the dollar dissapears by the end of the year , or screams to the stongest currency in the world...period.
I think personaly the latter.
;)
you have the perfect visuals for all thoughts.!
always looking forward to your prophetic innuendos.clever,but not too cheep...at least sometimes.lol
I see your attitude really mirrors this boards attitude on certain subjects...welcome aboard brother.
;)
I was down about 20-30 pips at close with fxcm.but...i have a close tp..so ,..basicly im trading it as it will go up before it goes down..should be a dollar rally this week.,thats what im counting on..my hedge is nzd/jpy long.
wonder why we even have judges when most laws that are broken has an automatic sentence...we don't need judges and presidents any more...they are all on automated pilot anyways..
I took the dare and actually bought usd/chf on friday.....
for the reason of being over sold..looking for a few hundred pip corection..but we will see what next week brings.
no.
but if I trip over a contract that will keep George Sorros from achieving his goal..YES
;)
all that has ever been said on this board is happening.
how you deal with it is up to the individule...
The way Ive learned to deal with what we know is true ,is to pretend like nothing is happening.and stock pile rice and beans and bullets.,in that order.
and good morning to you too.
;)