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Realities of Forex Investment
hisah
#1561 Posted : Saturday, January 14, 2012 12:37:37 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Finally S&P finishes presenting its condemnation statement on euroland nations' debt affairs. Now that France is no longer AAA rated, that leaves Germany as the sole trustee to rescue the euro experiment... The EFSF rescue fund hangs in the balance and is now just a good fairy tale... No wonder the short selling ban is still in place so many months later.
Since this is plain boring since 2008, my 2012 wish to the genie is to hurry up the damn train wreck so that we move on. Very tired of this slow motion sinkhole.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Ceinz
#1562 Posted : Sunday, January 15, 2012 9:10:34 AM
Rank: Veteran

Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
hisah wrote:
Btw watch out for that EURCHF peg defence line @1.20... It is about to get busted and next week SNB will come out guns blazing. At last the year is getting exciting smile

smile
“small step for man”
Ceinz
#1563 Posted : Sunday, January 15, 2012 1:59:51 PM
Rank: Veteran

Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
Here's free 1000 pips on the table. Watch for a close below 1.5270.
[sorry cant load chart]Sad
GBPUSD-Weekly

H & S, break of the neckline

Target 1: 1.4820 (480 pips)
Target 2: 1.4275 (570 pips)
“small step for man”
hisah
#1564 Posted : Sunday, January 15, 2012 3:06:31 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Ceinz wrote:
Here's free 1000 pips on the table. Watch for a close below 1.5270.
[sorry cant load chart]Sad
GBPUSD-Weekly

H & S, break of the neckline

Target 1: 1.4820 (480 pips)
Target 2: 1.4275 (570 pips)

More pips. Gracias smile
I expect GBP to be sold H2 2012 due to their debt issues. This will see BoE continue to QE or monetize. If this unfolds 1.3s maybe tested during that selling period. Btw if the jap bond yields shoot above 2.5%, short the yen since the jap govt will find it hard to cope without a titanic yen printing spree.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Ceinz
#1565 Posted : Sunday, January 15, 2012 3:55:18 PM
Rank: Veteran

Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
hisah wrote:

[color=darkblue]More pips. Gracias smile
I expect GBP to be sold H2 2012 due to their debt issues. This will see BoE continue to QE or monetize. If this unfolds 1.3s maybe tested during that selling period. Btw if the jap bond yields shoot above 2.5%, short the yen since the jap govt will find it hard to cope without a titanic yen printing spree.


Thanks too, will be on the look out.smile
“small step for man”
QW25081985
#1566 Posted : Sunday, January 15, 2012 9:08:26 PM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
before we get toooooooooo over bearish on the euro . has somebody noted the support at 125xx and the trend line on the weekly ?

QW25081985
#1567 Posted : Monday, January 16, 2012 9:20:32 AM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
U.S are on holiday !!!! so the market are bound to range alittle bit
hisah
#1568 Posted : Tuesday, January 17, 2012 7:34:56 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Anyone pissed with this S&P downgrades that are done over the weekend or a holiday weekend? Happened during US downgrade back in Aug & now the latest. Market manipulation this... But on the positive side it means that the masters now fear Mr Market smile
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
QW25081985
#1569 Posted : Tuesday, January 17, 2012 7:56:32 AM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
Okay nice start to the day . asia session was rocking !!!! bullish divergances everywhere !
QW25081985
#1570 Posted : Tuesday, January 17, 2012 8:05:56 AM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
euro bulls better be coming out ! 1.2521 is a very strong support !

396 Pages«<155156157158159>»
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