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clockwork71 replied Jun 20, 2012I think the daily close is what you need to pay attention to more than anything else as the algos are going to push and pull the markets. You didn't think it was human beings you were trading against did you?
Silent Service Method
- clockwork71 replied Jun 20, 2012
If there is any hint of easing today - it will rise as the Dollar falls is all I am saying. And Ben likes to kill off Dollars as much as possible. I am just telling you that today could be a wicked spike, as $50 isn't out of the question......be ...
Silent Service Method
- clockwork71 commented Jun 20, 2012
Oddly enough, more people are getting screwed at the G20.
Erotic hotel's guests oblivious to G20 summit stress
- clockwork71 replied Jun 20, 2012
One word from Bernanke later could send gold straight up.....be careful.
Silent Service Method
- clockwork71 commented Jun 19, 2012
So we sell these........my point exactly.
When in doubt, blame the Arabs…
- clockwork71 replied Jun 19, 2012
Yeah. The thing is that until a fiscal union happens in the EU - which isn't going to happen, there is always another selling opportunity in my opinion.
Silent Service Method
- clockwork71 replied Jun 19, 2012
The 4 hour is irrelevant, unless you are trading short term. This will simply be another chance to buy Dollars cheaply......just wait.
Silent Service Method
- clockwork71 commented Jun 19, 2012
2 months ago we were at 1.32 - this is a pullback, not a rally - and that was the point.
When in doubt, blame the Arabs…
- clockwork71 replied Jun 19, 2012
I think on the whole, you only want to be short the Euro at this point. There are simply no real solutions coming out, and the Federal Reserve is meeting today and tomorrow......could keep the market quiet for 48 hours while traders are looking for ...
Silent Service Method
- clockwork71 commented Jun 18, 2012
Neither is Indonesia......thanks for the reassurance though.
Australia Is Not Greece…
- clockwork71 commented Jun 18, 2012
It's funny really - I never thought I would live to see Greece control all of Europe. Well done Greekies!
Relieved Europe hints at more time for Greece
- clockwork71 commented Jun 18, 2012
I am getting bored with the "fat finger." Seems like it is leaving the CHF alone, and has moved over to the EUR and AUD. I have a suggestion where you can shove this alleged "finger."
EURUSD fat finger?
- clockwork71 replied Jun 18, 2012
I've played with it, yes... this is more about reactions.
Silent Service Method
- clockwork71 commented Jun 18, 2012
Maybe if they would just stop spending so much, they could avoid all of the accounting gimmicks? USA should too.
Italy To Propose Mechanism To Reduce Spreads On Bonds –Reuters
- clockwork71 replied Jun 18, 2012
Believe it or not, I am currently working on a new system based upon fundamentals - kind of a "filter" if you will.....long way to go, but it shows some promise when used in conjunction with price action.
Silent Service Method