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Spreadbetter commented Dec 5, 2012I think you're over complicating it there, fib is a strong tool in it's own right and a very popular one at the business end of the FX trading world.
EUR/USD – 1.3138 and 1.3170, Oct. and Sept. Highs are Next
- Spreadbetter commented Dec 5, 2012
And whether or not they're a self fulfilling prophecy they're used extensively by institutional level traders.
EUR/USD – 1.3138 and 1.3170, Oct. and Sept. Highs are Next
- Spreadbetter commented Dec 5, 2012
What, on the basis that the majority of Europe's banking is now pwned to Goldman and the Bilderbergers?
The era of central bank independence is over
- Spreadbetter commented Dec 5, 2012
Unlucky number for some eh? ;-)
EUR/USD – 1.3138 and 1.3170, Oct. and Sept. Highs are Next
- Spreadbetter commented Dec 5, 2012
The correlation between ADP and NFP was closer last time, although neither appear to represent the true picture of USA levels of unemployment. Shadow stats make a better job of it, amongst a few others.
ADP sets its sights on a 'true' look at U.S. private jobs market
- Spreadbetter commented Dec 5, 2012
I read a more worrying article published by Eurostat a couple of days back; At risk of poverty or social exclusion in the EU27. In 2011, 24% of the population were at risk of poverty or social exclusion. Corresponding to around 120 million persons ...
Volume of retail trade down by 1.2% in euro area
- Spreadbetter commented Dec 5, 2012
What calendar events are you looking at for the 13th? Mayan calendar prophecy isn't due until the week later ;-)
EUR/USD – 1.3138 and 1.3170, Oct. and Sept. Highs are Next
- Spreadbetter commented Dec 5, 2012
Well, circa 65% of what is paid at the pump in the UK is tax. But your subsidising theory does hold water. Has the tipping point for foreign crusades in order to steal mineral wealth been crossed? Perhaps that's why we're reading many articles in ...
It's Never Different This Time
- Spreadbetter commented Dec 5, 2012
Business activity rises at slowest rate for 23 months. New business volumes down for first time since December 2010. Lowest level of service sector confidence for 11 months. Not good.
Slight fall in new business weighs on UK service sector activity in November
- Spreadbetter commented Dec 5, 2012
The USSA is the largest user of benefits/welfare globally, circa 95% of adults in the USA have used welfare at some stage. There's currently 48 million on SNAP - the food stamps. It's a socialist state in denial whose muddled classes thinks it's ...
It's Never Different This Time
- Spreadbetter commented Dec 5, 2012
Hmm...perhaps young Skywalker has been on a long journey and finally figured out 'the markets' in one phrase; "casino and joke" ;-) Anyone else got their take profit limit orders just below 13200? :-0 Last eur/usd trade of the year. :-)
EUR/USD – 1.3138 and 1.3170, Oct. and Sept. Highs are Next
- Spreadbetter commented Dec 5, 2012
I think the really big news in relation to this is why is FF news scraping the barrel looking for articles from the Daily Hate? ;-)
Britain's AAA credit rating at risk in Autumn Statement
- Spreadbetter commented Dec 5, 2012
There's another interesting link to the African guy who believed that he'd found the holy grail of fractal geometry, which in reality is simply displayed as basic price action, he was an extreme 'God botherer', even used to send believer type ...
EUR/USD – 1.3138 and 1.3170, Oct. and Sept. Highs are Next
- Spreadbetter commented Dec 5, 2012
For sure the tipping point of the copper in pennies being worth more than the penny was crossed some time back. What's the metal breakdown now? ;-)
Drug dealers, tax cheats boost $100 bill demand?
- Spreadbetter commented Dec 5, 2012
Many people believe that the markets are random. In fact, one of the most prominent investing books out there is "A Random Walk Down Wall Street" (1973) by Burton G. Malkiel, who argues that throwing darts at a dartboard is likely to yield results ...
EUR/USD – 1.3138 and 1.3170, Oct. and Sept. Highs are Next
- Spreadbetter commented Dec 5, 2012
I read someone asking for links and I recalled this guy from Namibia was trying to flog fractal geometry courses to trade FX back in 2007. url
EUR/USD – 1.3138 and 1.3170, Oct. and Sept. Highs are Next
- Spreadbetter commented Dec 5, 2012
This is a news section, I'd suggest you start a 'calls thread' in the main site. Good luck with that. Btw, and fwiw my experience (considerable on both sides of the industry) suggests that individuals who display emotion, never ever succeed at this. ...
French Finance Minister to Head Euro Group?
- Spreadbetter commented Dec 5, 2012
If you're looking for a 90% success rate you'll find it at the bottom of the unicorn orchard buried under the fairy glamour dust
French Finance Minister to Head Euro Group?
- Spreadbetter commented Dec 4, 2012
No, it doesn't. Btw, did I ever mention the misplaced ego of retail traders? ;-)
French Finance Minister to Head Euro Group?
- Spreadbetter commented Dec 4, 2012
Sentiment indexes minus any real data behind them are useless. Once again retail has launched something which is simply another bell and whistle to lead the blind by. Tell you what I did come across the other week that IMHO has massive potential, ...
French Finance Minister to Head Euro Group?