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  #61 (permalink)  
Old 07-06-2008, 01:43 AM
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Quote:
Originally Posted by TheRumpledOne View Post
I made a little mod to the JoGet indicator:

Code:
extern int RSI_Period = 2;
extern int RSI_Price_Type = 0;
extern int myRSI_OB = 95;
extern int myRSI_MP = 50;
extern int myRSI_OS = 05;
I created input for the overbought, midpoint and oversold levels.

I like using RSI(2) with 95/05 for overbought/oversold.

Thanks again for sharing.

TRO+JoGET_bs+ CODE ATTACHED.

p.s. I renamed it so the original code doesn't get stepped on.
yup,
thanks you make it better and easy to use.
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  #62 (permalink)  
Old 07-06-2008, 02:53 AM
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Quote:
Originally Posted by ukm007 View Post
Hi,
I think what was happen on Thursday is not actually related by US news. If you look at the data again, the main concern for all trader is unemployment rates of US and also Non-Farm Payrolls.

At 11.45PM (GMT), the ECB release the news. For half an hour, the price drop significantly.
At 12.30PM(GMT), the US news comes in. Unemployment Rates 5.5% vs 5.4%. This news is not quite strong enough to buy EURUSD. So most news trader don't ever care about this. But, Nonfarm Payrolls come out at -62K vs -55K. Now this is a good number. This is should be a bullish for EURUSD right? Am I right?
Because all over the time, when Nonfarm Payrolls come out lower than expected, everyone is selling USD. It sure does happen on USDJPY. After that, USDJPY retrace back to the north because everyone is still bearish EURUSD.

Do you think that EURUSD is going for 1.6 again in July? But I think, in a couple of days, it will going south, finding support at 1.5300-1.5370.If it is true that EUR economy is much more promising than USD, than it will somehow reach 1.600. At this point, maybe ECB will intervene.

This is the most weird news trade ever happen to me. This is so exciting. Hehe.....
It's easy to say in retrospect, especially as I didn't have a trade on, but given that just a few days prior to the news, the EU was taken back up close to strong resistance, ("efficient market hypothesis" in action, pricing in what was already known - the ECB had already stated rates were going up) I felt sure they were going to drop it straight back down again. And for those who believe that a rate increase (and it was just 0.25%) must result in price appreciation, kindly explain why despite about 12 successive rate increases, the USD has continued to fall against practically every other currency! - all the more reason to believe the euro's upward move is far from over (imo)...
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  #63 (permalink)  
Old 07-06-2008, 03:36 AM
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Quote:
Originally Posted by mp6140 View Post
================================================== =

hehehehehehe

SHORT on the DAILY and LONG on the WEEKLY, which is of course its main trend.
!!!!_eu.gif

Yes, Uncle Mike.
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  #64 (permalink)  
Old 07-06-2008, 04:06 PM
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Hi all!


Here an article about the subject that pretend about a new 1930 Crash...

And one about UK Housing crash : UK Housing Bust Spells Trouble for Pound


-----------------------------------

copy past:

MONEYANDMARKETS» Weekend Edition
Sunday, July 6, 2008

YOUR BEST SOURCE FOR THE UNBIASED MARKET COMMENTARY YOU WON'T GET FROM WALL STREET



[«] Money and Markets 2008 Archive View This Issue On Our Website [»]

Now the Real Fireworks Begin!
by Larry Edelson
Dear Jay,

The Dow has flashed a giant sell signal, and is headed much lower. Gold is trading at $945, and headed much higher. Oil is at over $145 a barrel!
Corn is flying. Soybeans are soaring, now over $15 a bushel. The price of sugar is up more than 30% in a month!

If you think the disasters you've seen in the stock market so far are bad, or the price increases in commodities are due to top out, think again.
Reason...

The currency upon which most of the world's economies ultimately rely ... the world's reserve currency — the U.S. dollar — is about to get trashed again, big time.

My forecast is not just rooted in my 30 years of experience trading the markets, nor from my travels to Asia three or four times a year. Nor is it the result of my focus on natural resources and tangible hard assets as an investment class.

I'm also looking at powerful forces that are jumping out of my charts and my research ...

Force #1. The Latest U.S. Dollar
Rally Has Faded and Fizzled
I told you that the dollar was weak at the knees, that any rally would be nothing more than a temporary bounce. And that's precisely what's happening.

When the dollar bounced off its record low in late April, the pundits again started touting "the end of the bear market in the dollar."
But all it's been able to muster up is a meager 5% rally since then. And now it is plunging anew — giving back almost all its gain in just the past two weeks, sliding from a high of 74.50 on the Dollar Index to as low as 72.38 — a mere 1.8% away from a NEW record low.

Looking back, the so-called "dollar rally" was nothing more than a temporary bounce. Like dozens of others over the past seven years.
And looking ahead, there's nothing on the economic horizon that will change its direction, which leads me to ...


Force #2. Fed Chairman Ben Bernanke
and Treasury Secretary Henry Paulson are full of baloney.
Recently two of the most powerful officials in the world started trying to talk up the dollar. But have they done anything at all to back up their words?
Hardly! Neither one of these men has come up with the slightest of actions to back up their words. And let me tell you why: They don't want a strong dollar. They want a weak dollar because they believe that boosting U.S. exports ... that paying off debts with cheaper dollars ... and inflating away our debt-addicted economy is the cure-all for the U.S. economic problems.

Don't believe me? Well then, why hasn't Ben Bernanke taken tougher action on inflation? Why is Paulson running around the world talking about some hair-brained scheme to liquidate failing financial institutions, trying — to no avail — to convince other countries that closing weak institutions will somehow save the U.S. dollar?

This is a problem. When two of the most powerful men in the world say something, but don't back it up with action, you get ...


Force #3. A Rapid Decline in
Confidence in U.S. Investments
Every day, I put myself in foreign investors' shoes. Then I look back at the United States from their eyes. If you do the same, here's what you'd see ...

The biggest budget deficit in the history of industrialized society. For a country that's supposedly one of the most prosperous in the world ... that's already shocking.

Second, you'd see another $55 trillion in unfunded liabilities in social security, Medicare, and government pensions. If the U.S. were a developing country, you might understand. But such a huge debt pyramid in America? Hard to believe. Harder to understand.

Next, you'd see a new Fed Chairman who's afraid to lift a finger ... who's actually giving money away for free ... and who seems willing to let inflation roar out of its cage like a wild lion.


Then you'd see the virtually non-stop decline in real estate values ... banks reeling from the morass ... companies like American icons GM and Ford on the verge of bankruptcy ... a tumbling stock market ... an imploding Wall Street.



And you'd see a Federal Reserve that doesn't give a hoot about savers. Instead of giving them a positive return on their money, it's willing to let their money lose value each and every day

(My Comments - The FED is private own by the Rothschild / Rokerfeller / Morgan - the ritchest family of thise world. Those that own UK bank. - Why Usa made Revolution vs UK, because UK bank was printing money whit interest at USA new country, then USA made the FED that been BOUGH after the 1930 crisis by those family.Then they got control back of USA.... and don't care at all about privates investor)

So is this the country and the currency you want to invest in?
Hardly. Don't get me wrong. I love this country. But as the month of June's stock market performance just showed us — the worst June since the Great Depression — it should be abundantly clear to everyone now that the U.S. economy is in big trouble.
No wonder ...


Force #4. Asian Central Banks
Are Already Dumping Dollars
If you think the dollar is vulnerable to big selling by private Asian investors, wait till you see the danger of big selling by Asian central banks!

So far, most Wall Street analysts assume their bark is louder than their bite: The foreign central banks, say they, merely talk about dumping the dollar. But they never really do it.
True? No.

According to the June 30 update of the Currency Composition of Official Foreign Exchange Reserves (COFER) report from the Bank of International Settlements, central banks of developing economies now hold just 52 percent of their reserves in U.S. dollars, compared to 81 percent back in 2001.
India and China have made the biggest shifts, slashing the composition of their reserves away from the dollar and into the euro, other currencies, and gold.
Recently, other influential holders of U.S. dollar reserves
— Korea, Sweden, Qatar, the United Arab Emirates, and Russia — signaled they may also start cutting back their dollars.


If just a few of these central banks start pulling out of the dollar — which I believe could happen any day now — that alone will spell disaster.
What happens when the dollar plunges? Every dollar you have ... every investment you own — will be severely impacted. Some will be annihilated. Meanwhile, if you understand what's about to happen, not only can you protect your money, you can profit beyond your wildest dreams.
That's why ...


We're organizing an absolutely "Must-Attend" event to prepare you for the second half of 2008 ...
To help you sidestep the clear and present dangers
that could otherwise destroy your wealth ...
And to help you join the handful of investors who will thrive as this crisis unfolds!


At noon Eastern Time on Thursday, July 10, we will give you the frank, unhedged, unspun, accurate answers to five, crucial questions:
1. How bad is it — really? What do Bush, Bernanke and Paulson know about the true state of the economy and inflation that they only confess to each other behind closed doors?
2. What new shocks are looming just over the horizon? And how will they impact your income, savings, investments and financial security in the months ahead?
3. How much more perilous will things get before the U.S. economy and stock market finally bottom and begin to recover? What's the best case we can hope for? What's the worst-case scenario we should be preparing for now?
4. What steps should you take to protect yourself right now — today? To shield your income? Your investments? Your retirement and your buying power in this treacherous environment?
5. How can you actually grow your wealth even while others are losing theirs? At a time when so many things — stocks, bonds, even your money — are losing their value, what investments offer you the greatest profit potential with the least risk? (After all — somebody's profiting from all this; why not you?)

Get the right answers, and you stand an excellent chance of protecting and growing your wealth throughout the rest of 2008 and beyond. Get these answers wrong, and much of what you've earned, saved and invested could be in jeopardy.
__________________
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Last edited by inzider; 07-07-2008 at 03:06 AM.
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  #65 (permalink)  
Old 07-06-2008, 04:34 PM
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Who Own The Fed!

Who own the FED??!

Family three

Who owns the Fed?


Conspiracy theory : Zeitgeist movie

Video Zeitgeist - Remasterisé - Complet - zeitgeist, remasterisé, complet, 11, humain - Dailymotion Share Your Videos

USA is the puppets of LONDON?! Or some privates Europeen/Asian owners?!
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Last edited by inzider; 07-06-2008 at 11:30 PM.
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  #66 (permalink)  
Old 07-06-2008, 04:37 PM
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Wow!!!

I realize that things are going to get worse, but you make it sound like Jesus is coming back in July. ( wouldn't be a bad thing though) Are we to believe that you and your group know more than anyone else out there? The anylists are mostly wrong a good portion of the time, and i think we all see that things are not over. Any wise trader will do their own due dilligence, and trade according to their analysis, and plan. Would be interesting however to hear what you have to say. I do agree that if Asian banks drop the dollar, it will be bad, but the dollar has allways survived so far. I just get the feeling that the people that control the countries with their money, are doing something for their benefit. Don't know what, but it can't be good. I don't want to see the Euro as the leading world currency, but it is inevitable that there will be a one worl currency. Maybe not in my lifetime, but it will happen.
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  #67 (permalink)  
Old 07-06-2008, 04:58 PM
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Question: The Federal Reserve System prints $100 bills at a cost of 6¢. So who pockets the $99.94 profit?....
Anwser: ?

Quote:
Originally Posted by Pipresponse View Post
I realize that things are going to get worse, but you make it sound like Jesus is coming back in July. ( wouldn't be a bad thing though) Are we to believe that you and your group know more than anyone else out there? The anylists are mostly wrong a good portion of the time, and i think we all see that things are not over. Any wise trader will do their own due dilligence, and trade according to their analysis, and plan. Would be interesting however to hear what you have to say. I do agree that if Asian banks drop the dollar, it will be bad, but the dollar has allways survived so far. I just get the feeling that the people that control the countries with their money, are doing something for their benefit. Don't know what, but it can't be good. I don't want to see the Euro as the leading world currency, but it is inevitable that there will be a one worl currency. Maybe not in my lifetime, but it will happen.
Hey!

Yeah i know i'm an apocalypse kind. What i really think from my first day of clear tough is that this world is control by an elite. - Hard to contest - My also inner tough is that those elite dosen't work for the mass but for themselve.

What i see today is the PEAK of my conspiracy theory. Witch is FED is acting against is own country and don't cares about privates investors - only banks owners- or crisis since THEY made money cause THEY own everything. -They even print money for free whit interrest.... preatty good business NO?!

The real deal is GIVE FREE CREDIT and then GET THE THING FOR FREE when people are not able to pay back. Exacly what happen to Bear Sterns, and EXACLY as 1930 crash where JP MORGAN start the crisis claiming about non creditable bank to buy CHEAP /bankcrupt institution. - Zeitgeist - Who bough Bear Sterns?!?.....

Those guy are talking together and making a front to the world. Its the Elite guys, and they got a GOAL witch is not a peacful society but MORE power on the populatin, ressource etc.

Price of commodities are roket flying. Do you think they care ?!?!? Who's going to pay more or get crash into that ? THEM ???

Asian bank is printing money for FREE. USA is staring the SAME game. Who's is paying for that devaluation ? THEM ???? NO AT ALL, its the population -you and me.

So its preatty easy to see their game. They are all affiliate bankers that manage to get more and more power on the populatio, gouv, ressources.

Democracy is a MYTH to make you sleep good while they are stealing all around ya. AND WE LIKE IT!!!! ....... and ask for more...


That my real opinion about the subject.

To get precise, EUR/USD will get higher but not when privates investors will think. A bit like thursday, it's going to happen like a suprise, cause only those ELITE know when next move will be done.

There's no war between banks and country anymore, its a war in between RITCH (elite) and POOR people. They all meat (gouv, bankers, compagny into competition (ex: GM and Nissan or Microsoft and Dell), music artist) once a year at DAVOS, a private and VERY WELL protected place, to plan how they are gonna screw us into next years to come. Get in touch whit Plato idea about a society (Republic), you will see that history kept this line, and we are now getting at a peak.
World Economic Forum 2006 à Davos
The Republic (Plato) - Wikipedia, the free encyclopedia

Slavery of poors people in face of price rocket flying commodities and diminution of ressource accessibility into time. As they are planning to make you pay for water.... if not air....

THAT'S MY INNER OPINION!
Take care!
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Last edited by inzider; 07-06-2008 at 09:23 PM.
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  #68 (permalink)  
Old 07-06-2008, 07:25 PM
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.:: some little thoughts...
Attached Images
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File Type: gif iukjh2.gif (37.5 KB, 117 views)
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..4.Nov.08.. IN10TION newsReader v09.85 Lite - the best news reader on your chart
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  #69 (permalink)  
Old 07-06-2008, 08:20 PM
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Quote:
Originally Posted by omelette View Post
It's easy to say in retrospect, especially as I didn't have a trade on, but given that just a few days prior to the news, the EU was taken back up close to strong resistance, ("efficient market hypothesis" in action, pricing in what was already known - the ECB had already stated rates were going up) I felt sure they were going to drop it straight back down again. And for those who believe that a rate increase (and it was just 0.25%) must result in price appreciation, kindly explain why despite about 12 successive rate increases, the USD has continued to fall against practically every other currency! - all the more reason to believe the euro's upward move is far from over (imo)...
Rate increases and decreases need to be seen in context with the underlying economy strength. The investor needs to figure out why the rates are moved in a certain direction. Increasing rates to control a surging economy is very different than increasing rates to fight off inflation from a slowing economy.

Did the ECB increase rates because their growth is so out of control? Or did the ECB increase rates to fight off inflation? And did the investor perceive this move as ECB precursor to step into the market to lower EUR in an effort to boost its export and economy.

There are a lot of factors that go into rate hikes, it's not a simple correlation.

Last edited by jbfx; 07-06-2008 at 08:23 PM.
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  #70 (permalink)  
Old 07-07-2008, 12:08 AM
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some copy past: The Federal Reserve Is A privately Owned Corporation

THE FEDERAL RESERVE BANK IS A PRIVATE COMPANY.

Article 1, Section 8 of the Constitution states that Congress shall have the power to coin (create) money and regulate the value thereof. Today however, the FED, which is a privately owned company, controls and profits by printing money through the Treasury, and regulating its value.

The FED began with approximately 300 people or banks that became owners (stockholders purchasing stock at $100 per share - the stock is not publicly traded) in the Federal Reserve Banking System. They make up an international banking cartel of wealth beyond comparison (Reference 1, 14). The FED banking system collects billions of dollars (Reference 8, 17) in interest annually and distributes the profits to its shareholders. The Congress illegally gave the FED the right to print money (through the Treasury) at no interest to the FED. The FED creates money from nothing, and loans it back to us through banks, and charges interest on our currency. The FED also buys Government debt with money printed on a printing press and charges U.S. taxpayers interest. Many Congressmen and Presidents say this is fraud (Reference 1,2,3,5,17).

Who actually owns the Federal Reserve Central Banks? The ownership of the 12 Central banks, a very well kept secret, has been revealed:

Rothschild Bank of London Warburg Bank of Hamburg Rothschild Bank of Berlin Lehman Brothers of New York Lazard Brothers of Paris Kuhn Loeb Bank of New York Israel Moses Seif Banks of Italy Goldman, Sachs of New York Warburg Bank of Amsterdam Chase Manhattan Bank of New York (Reference 14, P. 13, Reference 12, P. 152)

These bankers are connected to London Banking Houses which ultimately control the FED. When England lost the Revolutionary War with America (our forefathers were fighting their own government), they planned to control us by controlling our banking system, the printing of our money, and our debt (Reference 4, 22).

The individuals listed below owned banks which in turn owned shares in the FED. The banks listed below have significant control over the New York FED District, which controls the other 11 FED Districts. These banks also are partly foreign owned and control the New York FED District Bank. (Reference 22)
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