FOREX - Trends, Forecasts and Implications (Episode 5: July 2011) - page 62

 
xrust:
God forbid -- let him live and prosper, because his funeral as in a global nuclear, threatens to bury the entire currency market... thugh, thugh, thugh... :)))))


It reminds me of the joke that when little Moyshe, for fun, was given to choose 5 or 10 kopecks, he always chose 5 - all the kids laughed, and then when the teacher tried to explain to Moyshe that he was wrong because 10 was bigger in value, he said: "I choose 10 kopecks once and they would stop giving me money"!

The states are doing the same thing: they're drawing money, whether it's natural money or fiat money, if they draw too much money they will lose their position as a reserve currency, and that's a much bigger loss than the lost GDP, because they put an inflation tax on the world by having their currency on the reserves of other countries. When the dollar plummeted by nearly 30%, everyone was offended, but swallowed, everyone understands that Uncle Sam is in their pocket, because the savings became cheaper ;-)

Summary: the exchange rate(freely convertible currency) is a compromise between the volume of their own GDP and the reserves of other countries, the Americans have not been able to decide where this equilibrium, which is expressed in the amount of foreign debt, is for a month. So there is a monetary paradox: for Greece the foreign debt is a pit, but for America it is a boon...

 
strangerr:

To ZetM: no one is burying the dollar, I say it's just a game, but now it's its turn to get cheaper)))


It's something reminiscent of domestic days, am I getting that right? I can't grasp the "bar that closes in the middle or bottom" WHAT?
 
DragonSL:

It's something resembling inside days, am I getting that right? I can't catch "a bar that closes in the middle or bottom of WHAT?


In the middle or bottom of its range

This is the VSA. The question could be put another way, do you trust the VSA at non-liquid times? If the force/weakness bars went instead of "no demand" at that time, it would be a different matter.

 
Ichor:


In the middle or at the bottom of its range

This is the VSA. The question here could be put another way, do you trust VSA at non-liquid times? If the bars of strength/weakness were to go, instead of "no demand" at this time, that would be a different matter.

Yes, illiquid timing, very important, here's a Thursday night in moscow, the clock had a great ns bar....a ended up.....
 

EURUSD H4


EURGBP H4.


XAUUSD H4 (Gold)


XAUUSD DAILY (Gold)


 

Reasoning as I understand FA is great....)))) Ruin, bourgeois bloodsuckers....))), where's the money...))

In all seriousness. Isn't it alarming that the 950 point drop, occurred within 13 days, and the 750 point recovery, lasts the second month, and is not over....))) Is it possible that the rise is just a correction for the decline? The upward movement is very similar to a classic Zig-Zag, and this "beast" ....... yourself understand... )))).

 
ZetM:

In all seriousness. Isn't it alarming that the 950-point drop occurred within 13 days, while the 750-point recovery is in its second month, and is not over....)). Is it possible that the rise is just a correction for the decline? The upward movement is very similar to a classic Zig-Zag, and this "beast" ....... yourself understand... )))).


Has America defaulted ??? If so, down in one wave like in the worst of times ((
 
ZetM:

Reasoning as I understand FA is great....)))) Ruin, bourgeois bloodsuckers....))), where's the money...))

In all seriousness. Isn't it alarming that the 950 point drop, occurred within 13 days, and the 750 point recovery, lasts the second month, and is not over....))). Is it possible that the rise is just a correction for the decline? The upward movement is very similar to a classic Zig-Zag, and this "beast" ....... you know... )))).


The bourgeois are just idle chatter, the FA is no big deal here)))).

And the fact that the fall is much faster than the rise is not surprising, it was, is and will be)))

 
strangerr:


It's all bourgeois bullshit for nothing, no FA to speak of)))

And the fact that the fall is much faster than the rise is not surprising, it was, is and will be)))

Hello, long time no talk. How's life?

I agree, we have become accustomed to it over the years, when a bearish trend starts, this is what happens. Next, notice the declines in July 2008 and November 2009. Smooth, strong, clearly impulsive in nature, but the recovery, i.e. the growth, lazy, jerky, clearly corrective in nature. The current decline, is closely related to 08 and 09 as well. So much for....)))). No charge, IMHO.

 
ZetM:

Hello, long time no talk. How have you been?

I agree, but note the declines in July 2008 and November 2009. Smooth, strong, clearly impulsive in nature, and the recovery, i.e. growth, lazy, sloppy, clearly corrective in nature. The current decline, is closely related to 08 and 09 as well. So much for....)))). No charge, IMHO.


Hi, it's fine. There's just a chattering going on after which the growth will continue. But this is just my opinion. And the bourgeois are collecting dough, they need to drive people into the sells))))