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- GEfx replied May 7, 2010
Hi everyone, I love seeing fti back in leadership mode here, and it looks like you are covering an interesting topic, so best of luck. I am going to take the weekend off, at least until Sunday. I participated in another thread this week and kind of ...
Technical Analysis Fallacy
- GEfx replied May 7, 2010
Loved it fti, thanks so much for sharing. Have a good weekend!
Technical Analysis Fallacy
- GEfx replied May 7, 2010
Hi auxesis, I am done for the week. Was trading the E/J and GBP today, and as the NY open arrived I downsized a bit due to the volitility, and the fact the FXCM trading station fell behind my charts and my charts hung up a few times. Great day, ...
Technical Analysis Fallacy
- GEfx replied May 6, 2010
Unbelievable, just unbelievable. Been in the E/J all morning, and just unbelievable.
Technical Analysis Fallacy
- GEfx replied May 5, 2010
ECB announces interest rate tomorrow, followed by press conference by Trichet. Should be interesting.
Technical Analysis Fallacy
- GEfx replied May 5, 2010
Hi Piccolo, I think this has now move beyond a Greece issue and is an EU issue. Greece has moved from the problem to a symptom. The market is pushing the ECB around (and the EU for that matter) and it seems helpless to respond, at least for now. The ...
Technical Analysis Fallacy
- GEfx replied May 5, 2010
I think that is true for the euro. Not sure why anyone would have confidence in that currency now, until they correct their structural problems. That means that Greece, Spain, Portugal, etc have to endure pain by cutting spending, and German tax ...
Technical Analysis Fallacy
- GEfx replied May 5, 2010
Let me take a crack at the gold question. The euro is in the process of crashing. As euro falls in relationship to dollar (and yen, etc), Europeans will find gold getting very expensive. However, the US economy is not involved in the euro crash, and ...
Technical Analysis Fallacy
- GEfx replied May 5, 2010
I feel like I should send a "Thank You" note to someone.
Technical Analysis Fallacy
- GEfx replied May 5, 2010
Yep, I agree. No ecb yet. Waiting for an entry now.
Technical Analysis Fallacy
- GEfx replied May 5, 2010
I took a long position at 1.2815 with a tight stop in mind with that in mind. Square on all short trades and cheering the ECB. I'm a pip wh**e. Edit: Hit my limit and an square on that long now. On the sidelines and watching in amazement.
Technical Analysis Fallacy
- GEfx replied May 5, 2010
Stunning. Edit: I have done nothing more than enter orders. No additional work and just moving stops now. Stunning!
Technical Analysis Fallacy
- GEfx replied May 5, 2010
I am in several trades now and am amazed at the failure of the ECB. But happy at the same time! Letting them just run now and waiting for a big reversal candle (have been for several day).
Technical Analysis Fallacy
- GEfx replied May 5, 2010
OK, so all EMU nations must agree? Reason for that question is that there is a report out that the Slovak's are balking, and Austria is none too happy about the terms.
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- GEfx replied May 5, 2010
I am assuming that all EU nations must approve the Greece aid package. Is that correct? If one nation rejects it, it is rejected. Do I have that right?
Technical Analysis Fallacy
- GEfx replied May 5, 2010
Ooops, just saw your post. He is worried about the Greece contagion, and is encouraging Germany to contribute to the aid package. He sees the current situation as posing a risk to stability (ya think?), and the monetary union.
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- GEfx replied May 5, 2010
Buba spoke and he is worried. Anyone seen Trichet recently?
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- GEfx replied May 4, 2010
Just looked at the FF calendar and buba speaks (twice) tomorrow. Could be interesting since the first speach is on Greece situation.
Technical Analysis Fallacy