- Search Energy EXCH
-
venzen commented May 4, 2013It's the frenzy that happens prior to every top: now the media machines are repeating 100 times a day that this is a TINA market - "There Is No Alternative" other than being in stocks. The Fed buying stocks is the ultimate contrarian sign in that ...
Historic Day on Wall Street: S&P Breaks 1600, Dow Touches 15000 on Jobs Report
- venzen commented May 4, 2013
the markets have been irrational for a long time now. Sentiment measures and complacency keep making record highs with each successive stock market rally. It seems that a catastrophic crash is imminent... BUT: this is what contrarians have been ...
Historic Day on Wall Street: S&P Breaks 1600, Dow Touches 15000 on Jobs Report
- venzen replied Apr 25, 2013
Here is an example where Cable hit a top today and then made a textbook impulse wave to the downside: 1) wave 2 retraces a little more than 61.8% of wave 1 2) wave 4 retraces exactly 38.2% of wave 3 3) not shown on the chart: the end of wave 4 ...
Why do people use Fibonacci in trading?
- venzen replied Apr 24, 2013
Before I learnt Elliott Wave analysis I was straight-out annoyed by Fibs because of the perceived inconsistency with which PA would hit the 0.382 level and retrace one hour and then ignore it the next in preference of another (or none!). Now that I ...
Why do people use Fibonacci in trading?
- venzen commented Apr 24, 2013
for a whole 5 days? what courage! what self-sacrifice! fcuk 'em all
Is Ben Affleck’s austerity plan bad for the economy?
- venzen commented Apr 23, 2013
or: contestants must maintain a tight hedge, never going more than $1.99 into the red, during NFP! Winner gets to do it again next week, Losers report for CNN from the Gulags.
U.K. Terrorist Lost Thousands on Currency Trades for Foiled Plot
- venzen commented Apr 23, 2013
good idea! 15min scalping showdown - first one to double their $100 account doesn't have to do the spoon fight, but must defuse a mini suicide bomb strapped round their nuts!
U.K. Terrorist Lost Thousands on Currency Trades for Foiled Plot
- venzen commented Apr 23, 2013
if a 0.16% price drop is a "mini-flash crash" what are they going to call it when the Nasdaq goes down in wave 3 next week. puhlease... 0.16% would like to hear what the man says when nobody wants GOOG and APPL at $30...
Google Suffers ‘Mini Flash Crash,’ Then Recovers
- venzen commented Apr 23, 2013
Oh Joy! Rajoy's gonna get us out of recession! ... he bloody well better, since he got Spain INTO recession in the first place. this is exactly the kind of frame Bloomberg and the other mainstream sychophants like to put around a story: recession ...
Spain’s Recession Eases as Rajoy Prepares Growth Plan
- venzen commented Apr 23, 2013
Ouch, the hollow feeling of a heavy trading loss PLUS time in jail for it! Feel sorry for the man... oh, but wait... he is an "enemy combatant" that wanted to harm innocent people... nah, he deserves it! See what kind of trouble bad MM gets you in. ...
U.K. Terrorist Lost Thousands on Currency Trades for Foiled Plot
- venzen replied Apr 23, 2013
You make a good point about Fibonacci and the notion of the Golden Mean being well documented, but I'd say that reading Aristotle is overkill. For those who are interested, sure go ahead, but Aristotle does not apply the Golden Mean or any of his ...
Why do people use Fibonacci in trading?
- venzen replied Apr 23, 2013
It is interesting to read the discussion and hear what people think about Fibonacci ratios in price action. You don't need a PhD in Rocket Sc. to observe or think or conclude with great insight and clarity. In fact, the opposite often seems to be ...
Why do people use Fibonacci in trading?
- venzen commented Apr 23, 2013
so you're saying you don't like China and being Chinese sucks. What has this got to do with anything I or anybody else mentioned regarding Japan and expected price movement of the Yen?
Is JPY About To Get The 'Gold' Treatment?
- venzen commented Apr 22, 2013
blue is a better and luckier color than orange.
Is JPY About To Get The 'Gold' Treatment?
- venzen commented Apr 22, 2013
and what makes you think that China is communist? They used to be; they still have a Communist party, but modern China's economic model is capitalist: private ownership, enterprise for individual profit, decentralised planning and spending, etc. As ...
Is JPY About To Get The 'Gold' Treatment?
- venzen commented Apr 22, 2013
Japan seems to have really bad luck. I don't think as a culture they have recovered from Hiroshima/Nagasaki yet. There may be other "deeper" reasons there. Even with a spate of good luck, and should the USDJPY hit 100.00 - so what (miles davis) - ...
Is JPY About To Get The 'Gold' Treatment?
- venzen commented Apr 19, 2013
"stupid bitcoins... and i should have never have stuffed all those pesos in that donation box... hmmm, now those would have been tasty, for sure"
Gold slide flashes warning signs for global economy
- venzen commented Apr 19, 2013
"i have it on this USB stick, i promise! you can access it when everything returns to 'normal' like it was back when we had Ruskin and Mishkin and Bernanke and the Wall Street government and the military-industrial complex, and, and, and MacDonalds! ...
Gold slide flashes warning signs for global economy
- venzen commented Apr 19, 2013
Hahaha! gatcoins!
wait, wait, gat... bitcoins have the characteristics of a mania for sure. I used to bellylaugh when people spoke to me about Butt Coins. Then I did my homework. It's a cryptographically censored, P2P verified digital currency. ...Gold slide flashes warning signs for global economy