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- Protogenos replied Nov 29, 2009
Closed my long for +40, waiting for better reentry to get back in
EURUSD
- Protogenos replied Nov 29, 2009
None taken. I'm not sure I'm talking about the same "gap". I use Oanda, and 99% of the time you don't see a single pip movement until noon on Sunday (I'm CMT in the US). I used to pay attention because I used to arb box options but there was a 5 ...
EURUSD
- Protogenos replied Nov 29, 2009
E/U dropped a couple pips a little past 8. It's probably nothing, but I rarely notice it happening over the weekend. Hope it's not an indication of general nervousness
EURUSD
- Protogenos replied Nov 29, 2009
I'm done with the ee talk, cause this is a trading forum, but you need to chill. I wasn't disagreeing with you or "leaning" on my credentials; hell, I wasn't even talking to you. You're a civil engineer, so what? How does that qualify you to be an ...
EURUSD
- Protogenos replied Nov 29, 2009
Oh, don't get me wrong...it's definitely worth trying, I mean it's my job to find solutions to these types of problems. I just think that if the literature is correct, it's too late to prevent rising temperatures and sea levels. On the other hand, ...
EURUSD
- Protogenos replied Nov 29, 2009
As an environmental engineer, I will tell you from first-hand knowledge that oil companies are providing A LOT of funding for research. They fund a few projects in my lab, and I guarantee this type of thing goes both ways. Truth is probably ...
EURUSD
- Protogenos replied Nov 29, 2009
You're right, financially they weren't impacted because they never had credit or housing bubbles. What I'm talking about though is ten or twenty years from now when food prices have doubled or tripled. Poor countries don't have the financial ...
EURUSD
- Protogenos replied Nov 29, 2009
My boss is actually going to Copenhagen next month, but nobody expects anything. Actually a lot of environmental engineers believe there is nothing we can do to stop it, that no country is willing to make the necessary sacrifices. The best plan is ...
EURUSD
- Protogenos replied Nov 29, 2009
We won't need WWIII, nature will do the job for us. Technology can save us for a while, but eventually it will be bad. Of course the weakest economies will be affected the most, so if you don't live in a developed country make sure you move soon, ...
EURUSD
- Protogenos replied Nov 29, 2009
The biggest problem with global warming is that the uncertainties outweigh the certainties. We know CO2 emissions can increase temperatures, but global temperatures haven't risen in a decade. We don't know enough about positive and negative feedback ...
EURUSD
- Protogenos replied Nov 28, 2009
Actually the US is one of 5 countries with the capability to feed the rest of the world. Right now our agricultural exports only exceed imports by a billion or two a month, but in the future as populations grow and food is more expensive that will ...
EURUSD
- Protogenos replied Nov 28, 2009
Thought about closing my long before open tomorrow, but can't bring myself to do it. It just seems like there is more reward to risk right now staying long
EURUSD
- Protogenos replied Nov 28, 2009
Looks like the Dubai debt problem may find a solution before markets open. Could mean a big jump up for EUR if it does, but also projected to be a volatile week judging by option vols and some big news releases
EURUSD
- Protogenos replied Nov 28, 2009
Hahaha, I didn't know what a gobshite was, but I looked it up and it's so true
EURUSD
- Protogenos replied Nov 28, 2009
I've spent considerable time in Europe and I live in the US, and I can tell you there are morons and good people on both sides of the Atlantic. The more important issue is where do we see the EUR/USD going next week? I'm biased to the long side ...
EURUSD
- Protogenos replied Nov 28, 2009
Yeah, I only trade EUR/USD, so everything I say is based on that analysis. Took me a sec to realize I was being extremely general. But with EUR/USD, about a .97 correlation. It's amazing.
EURUSD
- Protogenos replied Nov 28, 2009
The STRONGEST correlation you will find in currencies is inflation. Inflation makes currencies stronger because the expection of a rate increase to control it. EDIT: I'm talking about euro here, I shouldn't generalize and say all currencies because ...
EURUSD
- Protogenos replied Nov 28, 2009
Inflation makes a currency stronger, as does an increase in the money supply, which is correlated with inflation. So if the US is printing so many dollars, why isn't the dollar getting stronger? Because the EU is printing money faster and seeing ...
EURUSD