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- tomspin replied May 24, 2013
Thanks, I guess every green number for the rest of the year will push it down, so crazy that current stock market got nothing to do with real economy, it is just about free money from the fed.
EURUSD
- tomspin replied May 24, 2013
Hey Why SP was sold on such a good data, need a hand here mate, what you are thinking?
EURUSD
- tomspin replied May 24, 2013
No it is not, we are making solid bottom on daily and weekly so todays session could be important, still got next week to look out for.
EURUSD
- tomspin replied May 24, 2013
1.30 was defended again, this is big psych number, they won't let it go that easy. Something has to give.
EURUSD
- tomspin replied May 24, 2013
The wick like this is not a good sight for bulls, Waiting for SP to close this week below 1640 as well image how to screen capture
EURUSD
- tomspin replied May 23, 2013
The main concern was that Foreigners would demand physical delivery for their reserves if the deficit in US run out of control, the other was made by FED so they can run away with the crime that sheep masses will never understand. At the end western ...
EURUSD
- tomspin replied May 23, 2013
You used to could exchange the paper for gold in your local bank in America, until Nixon abandoned this idea due to Vietnam war expenses and the fact that foreign countries were afraid that there is not enough gold to back up mighty dollar - that is ...
EURUSD
- tomspin replied May 23, 2013
Thanks for the explanation - interesting way to look at the charts I understand this can be calculated and follow general equalibrium between supply and demand, but there is always something said at the time as well, I believe that correction is due ...
EURUSD
- tomspin replied May 23, 2013
I was talking about certain time at the market (QE or not QE) and his words were taken by people as an excuse to sell. Gator please stop this, I know you trade PA and mastered fibo, that is fine, I am sure you do fine. I just gave him example what ...
EURUSD
- tomspin replied May 23, 2013
No they never are, only ones last year I believe Ben gave rather boring speech to college kids in US and said "gold" about 20 times so market reacted by a big sell off. Only official ECB press conferences should be taken seriously not some banquet ...
EURUSD
- tomspin replied May 23, 2013
last two pages were hilarious, it is not official ECB statement about economy, nothing will happen, what did you expect? a 150 pips drop??
EURUSD
- tomspin replied May 23, 2013
I was tired of watching weather forecast so I sold aussie with 5 pips SL image screenshot studio
EURUSD
- tomspin replied May 23, 2013
The point is you were wrong and you cannot admit it mostly to yourself and you are probably in point of no return, meaning that you have to hold it and pray or you loose it all if you cut it now, nasty place to be for a trader, odds are against you ...
EURUSD
- tomspin replied May 23, 2013
I was thinking about 28/29 but Gator's yearly P holds nicely so far
EURUSD