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SpacyTrader replied Oct 22, 2012Yeah, I developed a price target method related to my system that points around 3170 too. But it's unreliable sometimes and I use it for entertainment only. Given how close we are to getting short it might not reach it and I certainly don't see 3240 ...
EURUSD
- SpacyTrader replied Oct 22, 2012
What are you aiming for with your long ? I'm still waiting for the dead cat bounce to be over in 1 or 2 days to finally close my October 10 long and then short.
EURUSD
- SpacyTrader replied Oct 21, 2012
You should run a backtest with the same parameters on previous years. If it crashes and burns you can safely trow away your strategy. That drop towards the end is not very promising either.
Is my strategy worth trading with?
- SpacyTrader commented Oct 21, 2012
And the douchebag seriously expects China to buckle under either threats or tariffs ? They'll just retaliate with tariffs of their own and redirect their crap to other markets or to their own citizens. US exports to China would likely not increase ...
China's currency becomes election issue
- SpacyTrader replied Oct 18, 2012
I don't think it'll be a great short. A retracement in the grand scheme of things it seems. Still it could have a few hundreds pips to collect.
EURUSD
- SpacyTrader replied Oct 18, 2012
I wish you a full recovery.
So you think it'll make the final high tomorrow ? Here it looks like I'll get my short signal on renko in at least a couple more trading days. Still I think I'm reasonably comfortable now with my open long from 1.2890 ...EURUSD
- SpacyTrader replied Oct 18, 2012
How much does protrader cost ? Or did it come free from your broker or demo ?
EURUSD
- SpacyTrader commented Oct 17, 2012
Then he should lead his own country by himself on his country's resources instead of stridently demanding the germans pay for his government's expenditures (and the italians spaniards and greeks).
Hollande fires warning shot at Merkel over austerity on eve of EU summit
- SpacyTrader replied Oct 16, 2012
I'm long from 1.2890 SL at BE now.. I had a long from 2850 that was taken out at be. I expect it to take about a week maybe more before I'm ready to short it. Then again I might be taken out at BE again.
EURUSD
- SpacyTrader replied Oct 16, 2012
Did you buy protrader or did it come free from the broker. If so what broker is that ?
EURUSD
- SpacyTrader commented Oct 15, 2012
Summary: "The US is special and exceptional" lol. Actually it's another one from the series "Rome the eternal city" "The thousand year Reich" etc. I think this guy will be shocked to find reality acts the same way for the US "credit economy" as it ...
Hyperinflation Won't Happen
- SpacyTrader replied Oct 7, 2012
Not necessarily. I still remember the mother of all spikes on a bank holiday a year and something ago I think. That was a traumatic experience... (being caught on the wrong side of that move).
EURUSD
- SpacyTrader replied Sep 29, 2012
Try telling that to people from the former communist block. There was no market at work there and I just read an article about how the UN is considering global taxes: url Global taxes would strengthen the UN and eventually make it into a world ...
Will Financial Markets Always Exist?
- SpacyTrader commented Sep 21, 2012
Don't count on the socialists using any reasoning. The roman empire was run by these tax and spend people and they never considered changing anything. They had to be conquered for the madness to stop. Quote from Nero: "Let us tax and tax again. Let ...
Fed Risks Disaster if Ignores Harm Done by Housing Bust: Bullard
- SpacyTrader commented Sep 21, 2012
Wages staying low and the price of food increasing is what caused the "arab spring". The same thing is happening everywhere and it's likely to accelerate.
Brazil says U.S., Japan QE will lead others to pursue FX wars
- SpacyTrader commented Sep 21, 2012
The price of currencies is not the problem. Problem is all that QE rises the price of commodities increasing costs for industry which are then forced to keep wages down. So wages stay low while the price of goods rise- we have the makings of the ...
Brazil says U.S., Japan QE will lead others to pursue FX wars
- SpacyTrader commented Sep 11, 2012
@greendiesel That's only natural. You have only what ? 20 million people on that huge continent ? They'll put you in a small reservation in Sidney and populate the rest with hard working chinese settlers in adequate numbers to make use of all those ...
China sends ships in islands row with Japan
- SpacyTrader commented Sep 11, 2012
@TraderUSA The US has a history of vilifying countries for their territorial claims and labeling them "out of control" without investigating the issue. I'm reminded of the Case of Germany and Poland around 70 or so years ago. Germany wanted back a ...
China sends ships in islands row with Japan
- SpacyTrader commented Sep 11, 2012
Usually in cases like these the best armed people win. My money is on China.
China sends ships in islands row with Japan
- SpacyTrader replied Sep 6, 2012
Yeah. Hopefully whatever NFP number comes up EUR drops. 2 weeks of range is quite enough.
EURUSD